Commit To Buy Computer Programs & Systems At $20, Earn 13.8% Annualized Using Options
August 16, 2019 at 11:53 AM EDT
Investors considering a purchase of Computer Programs & Systems Inc (CPSI) stock, but tentative about paying the going market price of $21.50/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $20 strike, which has a bid at the time of this writing of 95 cents..