Commit To Purchase Sunesis Pharmaceuticals At $1, Earn 25.5% Annualized Using Options
November 25, 2014 at 12:01 PM EST
Investors eyeing a purchase of Sunesis Pharmaceuticals Inc (SNSS) shares, but cautious about paying the going market price of $2.21/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the April 2015 put at the $1 strike, which has a bid at the time of this writing of 10 cents..