Commit To Buy Fiesta Restaurant Group At $15, Earn 9.2% Annualized Using Options
August 17, 2017 at 11:33 AM EDT
Investors eyeing a purchase of Fiesta Restaurant Group, Inc (FRGI) shares, but cautious about paying the going market price of $18.35/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2018 put at the $15 strike, which has a bid at the time of this writing of 80 cents..