From Nasdaq: 2024-04-11 11:15:41

New options for Alibaba Group Holding Ltd (BABA) began trading today for the May 31st expiration. Analysts identified one put and one call contract of interest. The $68.00 put contract could provide a 9% discount on the stock, with a 78% chance of expiring worthless. The $80.00 call contract offers a 7% premium and a 62% chance of expiring worthless. Implied volatility is 40% for puts and 42% for calls.

Investors can potentially boost returns with covered calls or puts on BABA stock. The $68.00 put contract has a 0.79% return on cash commitment, while the $80.00 call contract offers a 3.39% boost of extra return. The implied volatility for puts is 40%, calls is 42%, and the trailing twelve month volatility is 35%. Visit StockOptionsChannel.com for more options contract ideas.



Read more at Nasdaq: BABA May 31st Options Begin Trading