Hello everyone
I feel as if we are a family on this board
Just need my family's opinion
I own 100k shares, avg sp is $2.54
I just executed a collar option trade to protect some shares
I sold 500 call contracts of $14 sept 13 and bought $4 puts for sept 13
at even money, this leaves 50 k shares for more gains if the price of mnkd
Increases and I just protected the other 50 k shares between $4 and $14
Any thought from my brothers and sisters on the collar trade and any other ideas
To protect our gains or maximize the efficiency of our gains
Thanks in advance for everyone's input
