I don't want to recommend overly specific advise on that play or I could get myseld into some trouble, however I will say that my perspective on MNKD is a little unique. To me the stock is make or break, therefore you hold as much as you can at the least cost base possible; thus in my case I would roll them into the higher calls while the cost base is lower due to the intrinsic valuation placed upon them as being "risky." In my eyes the 12 and 10 dollar calls are no more or less risky than the $5 ones because if MNKD gets approval they will all be in the money, if approval is not granted the stock goes to basically zero, so frankly who cares?
