Commit To Purchase Chuy's Holdings At $17.50, Earn 8.7% Annualized Using Options
April 07, 2015 at 12:54 PM EDT
Investors considering a purchase of Chuy's Holdings Inc (CHUY) stock, but cautious about paying the going market price of $23.05/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 $17.50 strike, which has a bid at the time of this writing of 80 cents..