Commit To Buy Axon Enterprise At $45, Earn 10% Using Options
January 06, 2020 at 12:05 PM EST
Investors considering a purchase of Axon Enterprise Inc (AAXN) shares, but cautious about paying the going market price of $70.19/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2022 put at the $45 strike, which has a bid at the time of this writing of $4.50..