Commit To Purchase Axon Enterprise At $55, Earn 10% Using Options
June 24, 2019 at 11:45 AM EDT
Investors eyeing a purchase of Axon Enterprise Inc (AAXN) stock, but cautious about paying the going market price of $74.50/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2021 put at the $55 strike, which has a bid at the time of this writing of $5.50..
