Commit To Purchase Accelerate Diagnostics At $22.50, Earn 22.5% Annualized Using Options
June 11, 2015 at 11:33 AM EDT
Investors eyeing a purchase of Accelerate Diagnostics Inc (AXDX) shares, but tentative about paying the going market price of $26.63/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $22.50 strike, which has a bid at the time of this writing of $2.25..