Commit To Purchase MacroGenics At $15, Earn 22.3% Annualized Using Options
September 21, 2017 at 13:12 PM EDT
Investors eyeing a purchase of MacroGenics, Inc (MGNX) stock, but tentative about paying the going market price of $17.13/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2018 put at the $15 strike, which has a bid at the time of this writing of $1.10..