Commit To Purchase Axcelis Technologies At $2.50, Earn 12.6% Annualized Using Options

Investors eyeing a purchase of Axcelis Technologies Inc (ACLS) stock, but tentative about paying the going market price of $2.92/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2016 put at the $2.50 strike, which has a bid at the time of this writing of 20 cents..