Commit To Buy Marinus Pharmaceuticals At $7, Earn 104.8% Annualized Using Options

Investors considering a purchase of Marinus Pharmaceuticals Inc (MRNS) stock, but tentative about paying the going market price of $8.95/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the July put at the $7 strike, which has a bid at the time of this writing of $2.15..