Commit To Buy Accelerate Diagnostics At $17.50, Earn 18.2% Annualized Using Options
February 20, 2018 at 12:01 PM EST
Investors considering a purchase of Accelerate Diagnostics Inc (AXDX) shares, but cautious about paying the going market price of $25.15/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the August put at the $17.50 strike, which has a bid at the time of this writing of $1.55..