Commit To Purchase MannKind Corp At $4, Earn 23.8% Using Options
January 12, 2015 at 11:36 AM EST
Investors considering a purchase of MannKind Corp (MNKD) shares, but tentative about paying the going market price of $5.60/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $4 strike, which has a bid at the time of this writing of 95 cents..