Commit To Buy Chuy's Holdings At $27.50, Earn 12.5% Annualized Using Options
May 20, 2016 at 11:52 AM EDT
Investors eyeing a purchase of Chuy's Holdings Inc (CHUY) stock, but tentative about paying the going market price of $31.74/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $27.50 strike, which has a bid at the time of this writing of $1.45..