Commit To Buy Fennec Pharmaceuticals At $2.50, Earn 7.1% Annualized Using Options

Investors eyeing a purchase of Fennec Pharmaceuticals Inc (FENC) stock, but tentative about paying the going market price of $4.59/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the November put at the $2.50 strike, which has a bid at the time of this writing of 10 cents..