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Commit To Purchase Agenus At $1, Earn 2607.1% Annualized Using Options

Investors considering a purchase of Agenus Inc (AGEN) stock, but tentative about paying the going market price of $7.08/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April put at the $1 strike, which has a bid at the time of this writing of 50 cents..

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Agenus Inc. (AGEN)