Commit To Purchase AcelRx Pharmaceuticals At $5, Earn 15.5% Annualized Using Options
October 27, 2014 at 11:28 AM EDT
Investors eyeing a purchase of AcelRx Pharmaceuticals Inc (ACRX) shares, but cautious about paying the going market price of $6.74/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2015 put at the $5 strike, which has a bid at the time of this writing of 50 cents..