Commit To Buy Del Frisco's Restaurant Group At $12.50, Earn 11.2% Annualized Using Options
July 27, 2015 at 11:57 AM EDT
Investors eyeing a purchase of Del Frisco's Restaurant Group Inc (DFRG) shares, but cautious about paying the going market price of $14.44/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2016 put at the $12.50 strike, which has a bid at the time of this writing of 90 cents..