Commit To Buy Synnex Corp At $75, Earn 5.4% Annualized Using Options

Investors eyeing a purchase of Synnex Corp (SNX) stock, but tentative about paying the going market price of $96.59/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the March 2019 put at the $75 strike, which has a bid at the time of this writing of $2.50..