Commit To Buy Medgenics At $5, Earn 30.8% Annualized Using Options
May 17, 2016 at 11:41 AM EDT
Investors considering a purchase of Medgenics Inc (MDGN) shares, but cautious about paying the going market price of $5.07/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $5 strike, which has a bid at the time of this writing of 90 cents..