Sell MGPI December Puts for Quick 38% Gain
Sell to close the December 21, 2018 put on MGP Ingredients (NSDQ: MGPI) with a strike price of $75 at $5.60 or higher. Symbol (MGPI181221P75)
Book the quick gain in these puts. I am still bearish on MGPI’s fundamentals but like to book a double-digit gain when we can. Most subs should have a 33-43% gain.