Commit To Buy Zoe's Kitchen At $15, Earn 8% Using Options
October 25, 2016 at 11:52 AM EDT
Investors considering a purchase of Zoe's Kitchen Inc (ZOES) stock, but cautious about paying the going market price of $22.01/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $15 strike, which has a bid at the time of this writing of $1.20..