Commit To Buy Accelerate Diagnostics At $15, Earn 12.8% Annualized Using Options
November 06, 2014 at 11:46 AM EST
Investors eyeing a purchase of Accelerate Diagnostics Inc (AXDX) stock, but cautious about paying the going market price of $20.91/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2015 put at the $15 strike, which has a bid at the time of this writing of $1.00..