New options available for August 23rd expiration for Microsoft Corporation with out-of-the-money scenarios

From Nasdaq: 2024-07-03 12:18:25

Investors in Microsoft Corporation (MSFT) have new options available for the August 23rd expiration. A put contract at $455.00 strike has a current bid of $11.70. The call contract at $465.00 strike has a bid of $12.45. Analytical data suggest 58% odds for put contract and 52% for call contract to expire worthless, with implied volatility at 23%.

The $455.00 put contract offers a 2.57% return on cash commitment and the $465.00 call contract provides a potential 4.19% return if stock is called away at expiration. Both options represent out-of-the-money scenarios, with the call contract having a 1% premium to current trading price.

Should the options expire worthless, the investor retains shares and collected premium. The YieldBoost for both contracts stands at 18.40% and 19.44% annually. The actual trailing twelve month volatility is calculated at 20%. For more options contract ideas, visit StockOptionsChannel.com.



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