Commit To Buy Marrone Bio Innovations At $2.50, Earn 14.7% Annualized Using Options
December 17, 2014 at 11:50 AM EST
Investors considering a purchase of Marrone Bio Innovations Inc (MBII) shares, but tentative about paying the going market price of $2.80/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the May 2015 put at the $2.50 strike, which has a bid at the time of this writing of 15 cents..