Commit To Purchase Zoe's Kitchen At $25, Earn 10% Using Options
July 26, 2016 at 11:44 AM EDT
Investors considering a purchase of Zoe's Kitchen Inc (ZOES) shares, but cautious about paying the going market price of $35.70/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $25 strike, which has a bid at the time of this writing of $2.50..