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First Week of June 19th Options Trading For MannKind (MNKD)
Thursday, April 23, 11:21 AM ET, by Market News Video Staff

Investors in MannKind Corp (MNKD) saw new options become available this week, for the June ...

MNKD July 2nd Options Begin Trading
Thursday, May 21, 11:13 AM ET, by Market News Video Staff

Investors in MannKind Corp (MNKD) saw new options become available today, for the July 2nd ...

Notable Wednesday Option Activity: PLNT, AYX, MNKD
Wednesday, June 17, 3:19 PM ET, by Market News Video Staff

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy ...

First Week of MNKD February 2021 Options Trading
Friday, June 19, 11:05 AM ET, by Market News Video Staff

Investors in MannKind Corp (MNKD) saw new options begin trading this week, for the February ...

MNKD September 25th Options Begin Trading
Thursday, August 6, 11:56 AM ET, by Market News Video Staff

Investors in MannKind Corp (MNKD) saw new options become available today, for the September 25th ...

July 6th Options Now Available For MannKind (MNKD)

By Market News Video Staff, Thursday, May 24, 11:33 AM ET
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Investors in MannKind Corp (NASDAQ:MNKD) saw new options become available today, for the July 6th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the MNKD options chain for the new July 6th contracts and identified the following call contract of particular interest.

The call contract at the $2.00 strike price has a current bid of 4 cents. If an investor was to purchase shares of MNKD stock at the current price level of $1.96/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $2.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 4.08% if the stock gets called away at the July 6th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if MNKD shares really soar, which is why looking at the trailing twelve month trading history for MannKind Corp, as well as studying the business fundamentals becomes important. Below is a chart showing MNKD's trailing twelve month trading history, with the $2.00 strike highlighted in red:

Considering the fact that the $2.00 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 99%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 2.04% boost of extra return to the investor, or 17.32% annualized, which we refer to as the YieldBoost.

Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $1.96) to be 107%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com.


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July 6th Options Now Available For MannKind (MNKD) | Market News Video | Copyright © 2008 - 2021, All Rights Reserved

Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.