Investors are exploring put and call options for AMZN stock with varying strike prices

From Nasdaq: 2024-07-11 12:53:48

Investors in Amazon.com Inc (AMZN) are watching new options trading for the August 30th expiration. Stock Options Channel has identified a put contract at the $195.00 strike price with a bid of $7.65, offering a cost basis of $187.35, representing an attractive alternative for purchasing AMZN shares.

Additionally, a call contract at the $200.00 strike price has a bid of $9.35. Selling a covered call could lead to a total return of 6.51% if the stock gets called away at expiration. However, there is a possibility that the call contract could expire worthless, providing a 4.76% extra boost in return to the investor.

The implied volatility for the put contract is 34%, while the call contract has an implied volatility of 35%. The actual trailing twelve month volatility is calculated to be 27%. For more options contract ideas and analysis, visit StockOptionsChannel.com.



Read more at Nasdaq: Interesting AMZN Put And Call Options For August 30th