Commit To Buy Medgenics At $5, Earn 15.4% Annualized Using Options
August 16, 2016 at 11:39 AM EDT
Investors eyeing a purchase of Medgenics Inc (MDGN) stock, but cautious about paying the going market price of $6.25/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2017 put at the $5 strike, which has a bid at the time of this writing of 45 cents..