Commit To Purchase Potbelly Corp At $10, Earn 16.9% Annualized Using Options
October 01, 2014 at 11:31 AM EDT
Investors considering a purchase of Potbelly Corp (PBPB) stock, but cautious about paying the going market price of $11.30/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2015 put at the $10 strike, which has a bid at the time of this writing of 50 cents..