Commit To Purchase Anavex Life Sciences At $4, Earn 23.5% Annualized Using Options
July 26, 2024 at 11:31 AM EDT
Investors eyeing a purchase of Anavex Life Sciences Corp (AVXL) shares, but tentative about paying the going market price of $6.85/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 45 cents..