Commit To Buy Codexis At $2.50, Earn 20.1% Annualized Using Options
March 22, 2024 at 11:35 AM EDT
Investors eyeing a purchase of Codexis Inc (CDXS) stock, but tentative about paying the going market price of $3.51/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 $2.50 strike, which has a bid at the time of this writing of 25 cents..