Options Strategy If You Would Buy MCP Below Its $5 Offering Price

Looking back to 2 days ago, Molycorp Inc. (NYSE: MCP) priced a 45,000,000 share secondary stock offering at $5.00 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time and based on early trading on Friday, the stock is now 9.2% higher than the offering price.