Commit To Purchase MannKind Corp At $0.50, Earn 24% Using Options
July 26, 2016 at 11:40 AM EDT
Investors considering a purchase of MannKind Corp (MNKD) shares, but tentative about paying the going market price of $0.9858/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 $0.50 strike, which has a bid at the time of this writing of 12 cents..