Commit To Purchase Synergy Pharmaceuticals At $1.50, Earn 30% Using Options

Investors eyeing a purchase of Synergy Pharmaceuticals Inc (SGYP) shares, but tentative about paying the going market price of $2.03/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2020 put at the $1.50 strike, which has a bid at the time of this writing of 45 cents..