Commit To Purchase Akorn At $17.50, Earn 20.9% Annualized Using Options
February 06, 2018 at 11:51 AM EST
Investors eyeing a purchase of Akorn Inc (AKRX) shares, but tentative about paying the going market price of $32.18/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the February put at the $17.50 strike, which has a bid at the time of this writing of 10 cents..