Commit To Purchase Noodles & Co At $5, Earn 6.5% Annualized Using Options
January 25, 2019 at 13:28 PM EST
Investors considering a purchase of Noodles & Co (NDLS) stock, but cautious about paying the going market price of $7.41/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May put at the $5 strike, which has a bid at the time of this writing of 10 cents..