Commit To Buy Accolade At $2.50, Earn 17.8% Annualized Using Options
August 06, 2024 at 11:33 AM EDT
Investors eyeing a purchase of Accolade Inc (ACCD) shares, but tentative about paying the going market price of $3.63/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 $2.50 strike, which has a bid at the time of this writing of 20 cents..