Commit To Buy Accelerate Diagnostics At $17.50, Earn 30.4% Annualized Using Options
January 19, 2017 at 13:19 PM EST
Investors considering a purchase of Accelerate Diagnostics Inc (AXDX) stock, but tentative about paying the going market price of $21.70/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May put at the $17.50 strike, which has a bid at the time of this writing of $1.75..