Commit To Purchase Accolade At $5, Earn 14.4% Annualized Using Options
May 08, 2024 at 11:45 AM EDT
Investors considering a purchase of Accolade Inc (ACCD) shares, but cautious about paying the going market price of $7.40/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 $5 strike, which has a bid at the time of this writing of 50 cents..