Investors considering a purchase of Chuy's Holdings (CHUY) shares, but tentative about paying the going market price of $33.10/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2014 put at the $30 strike, which has a bid at the time of this writing of $1.95. Collecting that bid as the premium represents a 6.5% return against the $30 commitment, or a 19.3% annualized rate of return (at Stock Options Channel we call this the YieldBoost).
Commit To Purchase Chuy's Holdings At $30, Earn 19.3% Annualized Using Options
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