August 2nd Options Now Available For Meta Platforms

From Nasdaq: 2024-06-13 10:55:36

Investors in Meta Platforms Inc (Symbol: META) now have new options available for the August 2nd expiration. Stock Options Channel has identified one put and one call contract worth considering. The $500.00 strike put contract has a bid of $22.95, offering a cost basis of $477.05 if exercised, presenting potential returns.
The $520.00 strike call contract has a bid of $23.60. Selling this call as a covered call at the current stock price of $503.25/share could provide a return of 8.02% if the stock is called away at expiration. Monitoring the options chain and historical data is essential for investors.



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