Commit To Purchase Akoustis Technologies At $5, Earn 24.3% Annualized Using Options
September 06, 2019 at 11:44 AM EDT
Investors eyeing a purchase of Akoustis Technologies Inc (AKTS) shares, but tentative about paying the going market price of $7.91/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $5 strike, which has a bid at the time of this writing of 35 cents..