SENOMYX GRANTED U.S. PATENT COVERING THE COMPOSITION AND USE OF NOVEL BITTER BLOCKERS IN FOODS, BEVERAGES, PHARMACEUTICALS, AND OTHER PRODUCTS
May 11, 2011--Senomyx, Inc. (NASDAQ: SNMX), a leading company focused on
using proprietary technologies to discover and develop novel flavor
ingredients for the food, beverage, and ingredient supply industries,
Investors considering a purchase of Senomyx Inc stock, but cautious about paying the going market price of $5.11/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the October put at the $5 strike, which has a bid at the time of this writing of 85 cents.