New options available for Alphabet Inc with $175 put contract and $180 call contract.

Investors in Alphabet Inc (GOOGL) have new options trading for the August 22nd expiration. A put contract at $175.00 strike is available with a bid of $6.65, offering a cost basis of $168.35. The call contract at $180.00 strike has a bid of $7.95, promising a total return of 5.37% if stock gets called away.

The $175.00 put contract has a 60% chance of expiring worthless, while the $180.00 call contract has a 49% chance. Implied volatility is 34% for put and 35% for call. Actual trailing twelve month volatility is 32%. Visit StockOptionsChannel.com for more options ideas and information.

Read more at Nasdaq: August 22nd Options Now Available For Alphabet (GOOGL)