Commit To Purchase AcelRx Pharmaceuticals At $2.50, Earn 21.7% Annualized Using Options
September 30, 2016 at 11:43 AM EDT
Investors considering a purchase of AcelRx Pharmaceuticals Inc (ACRX) stock, but cautious about paying the going market price of $3.86/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2017 put at the $2.50 strike, which has a bid at the time of this writing of 25 cents..