Commit To Buy Advaxis At $7.50, Earn 16.4% Annualized Using Options
April 27, 2017 at 12:00 PM EDT
Investors eyeing a purchase of Advaxis Inc (ADXS) stock, but tentative about paying the going market price of $8.69/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $7.50 strike, which has a bid at the time of this writing of 90 cents..