SENOMYX ANNOUNCES CORPORATE UPDATE AND SECOND QUARTER 2011 FINANCIAL RESULTS
August 5, 2011–-Senomyx, Inc. (NASDAQ: SNMX), a company focused on using
proprietary taste receptor-based technologies to discover 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.