Commit To Purchase Accelerate Diagnostics At $15, Earn 18.5% Annualized Using Options
July 31, 2014 at 11:27 AM EDT
Investors considering a purchase of Accelerate Diagnostics Inc (AXDX) stock, but cautious about paying the going market price of $18.74/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February 2015 put at the $15 strike, which has a bid at the time of this writing of $1.55..