Commit To Purchase Noodles & Co At $2.50, Earn 15.9% Annualized Using Options
August 17, 2017 at 11:34 AM EDT
Investors considering a purchase of Noodles & Co (NDLS) stock, but cautious about paying the going market price of $3.77/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2018 put at the $2.50 strike, which has a bid at the time of this writing of 20 cents..