Domino's Pizza Stock Still Looks Cheap - The Best DPZ Stock and Options Plays Here for Value Investors

Domino's Pizza (DPZ) still looks cheap here, as I wrote two weeks ago. As a result, shorting out-of-the-money (OTM) DPZ puts in one-month expiry periods works well here, given Domino's Pizza's cheap valuation. 

Also, buying in-the-money (ITM) calls 6 months or longer away, financed with OTM put income, is another great play for less risk-averse investors. I discussed both plays in a Feb. 17 Barchart article, and this article will look into their performance.