Commit To Purchase Synopsys At $35, Earn 6.5% Annualized

Investors eyeing a purchase of Synopsys Inc (NASD: SNPS) stock, but cautious about paying the going market price of $37.04/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $35 strike, which has a bid at the time of this writing of 75 cents. Collecting that bid as the premium represents a 2.1% return against the $35 commitment, or a 6.5% annualized rate of return (at Stock ...