Commit To Buy Zoe's Kitchen At $15, Earn 9.7% Using Options

Investors eyeing a purchase of Zoe's Kitchen Inc (ZOES) stock, but cautious about paying the going market price of $27.74/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $15 strike, which has a bid at the time of this writing of $1.45..