Commit To Buy Potbelly Corp At $11, Earn 11.7% Annualized Using Options
July 01, 2015 at 11:59 AM EDT
Investors considering a purchase of Potbelly Corp (PBPB) shares, but cautious about paying the going market price of $12.46/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $11 strike, which has a bid at the time of this writing of 70 cents..