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Commit To Purchase Axonics Modulation Technologies At $17.50, Earn 44.8% Annualized Using Options

Investors eyeing a purchase of Axonics Modulation Technologies Inc (AXNX) shares, but cautious about paying the going market price of $20.14/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2020 put at the $17.50 strike, which has a bid at the time of this writing of $2.00..
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