Investors eyeing a purchase of Chipotle Mexican Grill Inc (NYSE: CMG) shares, but cautious about paying the going market price of $363.27/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2015 put at the $220 strike, which has a bid at the time of this writing of $10.20. Collecting that bid as the premium represents a 4.6% return against the $220 commitment, or a 2.9% annualized rate o...
Investors eyeing a purchase of Chipotle Mexican Grill Inc (NYSE: CMG) shares, but cautious about paying the going market price of $363.27/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2015 put at the $220 strike, which has a bid at the time of this writing of $10.20. Collecting that bid as the premium represents a 4.6% return against the $220 commitment, or a 2.9% annualized rate o...
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