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Commit To Purchase Cytek BioSciences At $7.50, Earn 33.6% Annualized Using Options

Investors considering a purchase of Cytek BioSciences Inc (CTKB) stock, but cautious about paying the going market price of $8.36/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April put at the $7.50 strike, which has a bid at the time of this writing of 40 cents..
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