August 1st options available for Alphabet with $160 put and $180 call contracts

From Nasdaq: 2025-06-12 10:56:00

Investors in Alphabet Inc (Symbol: GOOGL) have new options available for the August 1st expiration. A put contract at the $160.00 strike price has a current bid of $2.57, offering a 9% discount to the current stock price. The call contract at the $180.00 strike price has a bid of $6.30, providing a potential return of 5.71%.

The $160.00 put contract has a 78% chance of expiring worthless, while the $180.00 call contract has a 53% chance. The implied volatility in the put contract is 40%, and in the call contract is 32%. The actual trailing twelve month volatility is 32%. For more option contract ideas, visit StockOptionsChannel.com.

Covered call strategies offer investors the opportunity to collect premiums and potentially boost returns. The $160.00 put contract could provide a 1.61% return on cash commitment, while the $180.00 call contract could yield a 3.57% boost of extra return. Understanding the odds and implications is crucial in options trading.



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