Commit To Purchase Synnex Corp At $90, Earn 11.8% Annualized Using Options
November 13, 2015 at 11:38 AM EST
Investors eyeing a purchase of Synnex Corp (SNX) stock, but cautious about paying the going market price of $93.99/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the June 2016 put at the $90 strike, which has a bid at the time of this writing of $6.30..