Investors considering a purchase of Chipotle Mexican Grill (CMG) shares, but cautious about paying the going market price of $497.00/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $310 strike, which has a bid at the time of this writing of $14.80. Collecting that bid as the premium represents a 4.8% return against the $310 commitment, or a 2.4% annualized rate of return (at Stock Options Channel we call this the YieldBoost).
Commit To Buy Chipotle Mexican Grill At $310, Earn 4.8% Using Options
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