Commit To Buy Ardelyx At $5, Earn 16.5% Annualized Using Options
February 15, 2018 at 11:46 AM EST
Investors considering a purchase of Ardelyx Inc (ARDX) stock, but cautious about paying the going market price of $5.72/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $5 strike, which has a bid at the time of this writing of 35 cents..
