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Commit To Purchase Aduro Biotech At $2.50, Earn 55.5% Annualized Using Options

Investors eyeing a purchase of Aduro Biotech Inc (ADRO) stock, but cautious about paying the going market price of $2.58/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $2.50 strike, which has a bid at the time of this writing of 60 cents..
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