Commit To Purchase Ruth's Hospitality Group At $20, Earn 9% Annualized Using Options
July 26, 2019 at 14:17 PM EDT
Investors eyeing a purchase of Ruth's Hospitality Group Inc (RUTH) shares, but cautious about paying the going market price of $22.25/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 $20 strike, which has a bid at the time of this writing of 55 cents..