Commit To Purchase Accelerate Diagnostics At $7.50, Earn 15.7% Annualized Using Options
December 13, 2018 at 13:25 PM EST
Investors eyeing a purchase of Accelerate Diagnostics Inc (AXDX) stock, but tentative about paying the going market price of $13.93/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2019 put at the $7.50 strike, which has a bid at the time of this writing of 50 cents..