Replies to post #250 on Noodles & Company (NDLS)

[Jld3294]

Okay so I was paid $170 for the obligation to buy ndls at $15 in 2015.

I wanted to buy it at $15 so the premium was just a bonus.

Now that it is at $15, I will be forced to buy ndls at $15, even if it goes to $14 or $13 etc.

Basically my cost average of NDLS is $13.40 if it stays under $15, and if it jumps above $15 then I just pocket the $170 cash