Commit To Buy ALX Oncology Holdings At $60, Earn 69.4% Annualized Using Options
August 19, 2021 at 11:49 AM EDT
Investors eyeing a purchase of ALX Oncology Holdings Inc (ALXO) shares, but cautious about paying the going market price of $62.02/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $60 strike, which has a bid at the time of this writing of $6.50..