Commit To Purchase Autodesk At $28, Earn 7.4%

Investors eyeing a purchase of Autodesk (NASD: ADSK) stock, but cautious about paying the going market price of $36.95/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2015 put at the $28 strike, which has a bid at the time of this writing of $2.07. Collecting that bid as the premium represents a 7.4% return against the $28 commitment, or a 5.3% annualized rate of return (at Stock Opt...