Commit To Purchase Computer Programs & Systems At $25, Earn 11.8% Annualized Using Options

Investors considering a purchase of Computer Programs & Systems Inc (CPSI) shares, but tentative about paying the going market price of $29.00/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2018 put at the $25 strike, which has a bid at the time of this writing of $1.70..