Commit To Purchase Accuray At $4, Earn 12% Annualized Using Options
March 15, 2018 at 12:00 PM EDT
Investors eyeing a purchase of Accuray Inc (ARAY) stock, but cautious about paying the going market price of $5.65/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $4 strike, which has a bid at the time of this writing of 25 cents..