Commit To Buy Noodles & Co At $7.50, Earn 12.6% Annualized Using Options
June 15, 2018 at 11:59 AM EDT
Investors eyeing a purchase of Noodles & Co (NDLS) stock, but tentative about paying the going market price of $9.72/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 $7.50 strike, which has a bid at the time of this writing of 40 cents..