New Opportunities Unveiled
Today marks the commencement of trading for new options available for Apple Inc (Symbol: AAPL) expiring on August 23rd. Investors are eyeing potential strategies to navigate their positions as these options open up.
Exploring Put Options
A put contract at the $215.00 strike price has garnered attention with a current bid of $3.50. Should an investor choose to sell-to-open this put contract, they commit to acquiring the stock at $215.00 but also earn the premium. This approach sets the cost basis of the shares at $211.50, offering a tantalizing alternative to the current trading price of $219.21/share.
With the $215.00 strike reflecting a 2% discount to the stock price, there is a 67% chance the put contract may expire worthless, as per current analytical data. Stock Options Channel will monitor these probabilities over time, providing transparent insights for investors.
Charting the trailing twelve-month trading history for Apple Inc illustrates the $215.00 strike’s position within that context.
Unpacking Call Options
On the calls front, the $230.00 strike price call contract has enticed interest with a current bid of $4.45. By selling-to-open this call contract after purchasing AAPL shares at $219.21/share, investors commit to selling at $230.00. This strategy could yield a 6.95% total return if the stock is called away at expiry, though potential upside remains.
Considering the $230.00 strike reflects a 5% premium, there is a 63% chance the covered call contract may expire worthless. Stock Options Channel stands poised to track and chart these probabilities, guiding investors through informed decisions.
Examining the implied volatility, the put contract displays 23%, while the call contract shows 24%. Actual trailing twelve-month volatility calculates at 22%, setting the stage for further strategic analysis.
For investors seeking more put and call options contract ideas, a visit to StockOptionsChannel.com may prove insightful.
