Commit To Purchase MacroGenics At $22.50, Earn 9.4% Annualized Using Options
March 31, 2015 at 11:30 AM EDT
Investors eyeing a purchase of MacroGenics, Inc (MGNX) shares, but cautious about paying the going market price of $32.30/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $22.50 strike, which has a bid at the time of this writing of $1.15..