Commit To Purchase Sunesis Pharmaceuticals At $2, Earn 35% Using Options
March 06, 2015 at 11:49 AM EST
Investors eyeing a purchase of Sunesis Pharmaceuticals Inc (SNSS) stock, but tentative about paying the going market price of $2.31/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2017 put at the $2 strike, which has a bid at the time of this writing of 70 cents..