Commit To Purchase Annexon At $4, Earn 19.5% Annualized Using Options
August 06, 2024 at 11:33 AM EDT
Investors eyeing a purchase of Annexon Inc (ANNX) stock, but tentative about paying the going market price of $5.68/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2025 put at the $4 strike, which has a bid at the time of this writing of 35 cents..