Investors eyeing a purchase of Bottomline Technologies Inc (NASD: EPAY) shares, but cautious about paying the going market price of $30.25/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2014 put at the $30 strike, which has a bid at the time of this writing of $2.75. Collecting that bid as the premium represents a 9.2% return against the $30 commitment, or a 14.6% annualized rate of r...
Investors eyeing a purchase of Bottomline Technologies Inc (NASD: EPAY) shares, but cautious about paying the going market price of $30.25/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2014 put at the $30 strike, which has a bid at the time of this writing of $2.75. Collecting that bid as the premium represents a 9.2% return against the $30 commitment, or a 14.6% annualized rate of r...
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