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September 01, 2020 1:39pm
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Commit To Purchase Loxo Oncology At $95, Earn 16.3% Annualized Using Options

Investors eyeing a purchase of Loxo Oncology, Inc (LOXO) shares, but cautious about paying the going market price of $104.58/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the September put at the $95 strike, which has a bid at the time of this writing of $10.20..
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