Commit To Buy Denny's Corp At $17.50, Earn 13.4% Annualized Using Options
March 13, 2019 at 11:48 AM EDT
Investors considering a purchase of Denny's Corp (DENN) stock, but cautious about paying the going market price of $17.66/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the August put at the $17.50 strike, which has a bid at the time of this writing of $1.00..