Commit To Buy AXT At $7.50, Earn 34.4% Annualized Using Options
February 15, 2018 at 11:46 AM EST
Investors considering a purchase of AXT Inc (AXTI) shares, but tentative about paying the going market price of $8.12/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 $7.50 strike, which has a bid at the time of this writing of 65 cents..