Investors in Del Frisco's Restaurant Group Inc ( DFRG) saw new options become available this week, for the March 2018 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 234 days until expiration the newly available contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the DFRG options chain for the new March 2018 contracts and identified the following call contract of particular interest.

The call contract at the $15.00 strike price has a current bid of 70 cents. If an investor was to purchase shares of DFRG stock at the current price level of $14.10/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $15.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 11.35% if the stock gets called away at the March 2018 expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if DFRG shares really soar, which is why looking at the trailing twelve month trading history for Del Frisco's Restaurant Group Inc, as well as studying the business fundamentals becomes important. Below is a chart showing DFRG's trailing twelve month trading history, with the $15.00 strike highlighted in red:

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