Commit To Buy Alteryx At $25, Earn 12.5% Annualized Using Options
March 28, 2018 at 11:51 AM EDT
Investors considering a purchase of Alteryx Inc (AYX) stock, but cautious about paying the going market price of $33.20/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $25 strike, which has a bid at the time of this writing of $2.00..