Commit To Buy Ruth's Hospitality Group At $25, Earn 10.2% Annualized Using Options
June 05, 2018 at 11:56 AM EDT
Investors eyeing a purchase of Ruth's Hospitality Group Inc (RUTH) stock, but tentative about paying the going market price of $26.70/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 $25 strike, which has a bid at the time of this writing of $1.15..