Commit To Purchase Denny's Corp At $12.50, Earn 5.7% Annualized Using Options
September 14, 2018 at 11:49 AM EDT
Investors eyeing a purchase of Denny's Corp (DENN) shares, but tentative about paying the going market price of $14.50/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2019 put at the $12.50 strike, which has a bid at the time of this writing of 30 cents..
