Commit To Buy Noodles & Co At $5, Earn 10.7% Annualized Using Options
August 08, 2016 at 11:41 AM EDT
Investors considering a purchase of Noodles & Co (NDLS) shares, but tentative about paying the going market price of $6.93/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $5 strike, which has a bid at the time of this writing of 15 cents..