A Delicious Buy/Write Combination
With the broad market close to a five-year high it takes more effort to find good looking plays without undue risk. Casual dining restaurant The Cheesecake Factory (CAKE) offers a nice opportunity right now for traders that are comfortable selling options.
The underlying company is debt free. Dividends were initiated last year. The 12-cent quarterly distribution provides a secure 1.4% current yield. Corporate numbers have grown steadily since bottoming in 2008....378 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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