Commit To Buy Axovant Sciences At $10, Earn 15% Using Options

Investors eyeing a purchase of Axovant Sciences Ltd (AXON) shares, but tentative about paying the going market price of $17.51/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December 2017 put at the $10 strike, which has a bid at the time of this writing of $1.50..