Options trading for MicroStrategy Inc. began for August 30th with a $1380.00 put contract.

From Nasdaq Corporation

July 11, 2024 12:54:32 PM:

Options trading for MicroStrategy Inc. (Symbol: MSTR) began today for August 30th expiration. A put contract at $1380.00 strike has a $164.00 bid, offering a cost basis of $1216.00 if shares are purchased. Put contract’s odds of expiring worthless are 60%, yielding an 11.88% return.
Implied volatility for the put contract is 92%, while trailing twelve-month volatility is 90%. Chart shows the $1380.00 strike relative to MicroStrategy Inc.’s trading history. For more options contract ideas, visit StockOptionsChannel.com. Top YieldBoost Puts of Stocks Conducting Buybacks.

Read more at Nasdaq: August 30th Options Now Available For MicroStrategy (MSTR)