Commit To Purchase Chefs' Warehouse At $15, Earn 15.1% Annualized Using Options
September 02, 2015 at 11:42 AM EDT
Investors considering a purchase of Chefs' Warehouse Inc (CHEF) shares, but tentative about paying the going market price of $15.18/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2016 put at the $15 strike, which has a bid at the time of this writing of $1.40..