Agree To Buy Axon Enterprise At $170, Earn 4.1% Using Options
April 16, 2024 at 13:08 PM EDT
Investors eyeing a purchase of Axon Enterprise Inc (AXON) shares, but tentative about paying the going market price of $299.63/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2026 put at the $170 strike, which has a bid at the time of this writing of $6.90..