Investors in Cisco Systems Inc (Symbol: CSCO) have new options available for the February 27th expiration. The put contract at the $67.00 strike price has a bid of 50 cents, offering a cost basis of $66.50. The call contract at the $77.00 strike price has a bid of $1.61, providing a potential return of 6.22%.

The put contract has an 84% chance of expiring worthless, offering a 0.75% return if it does. The call contract has a 62% chance of expiring worthless, providing a 2.18% boost to the investor. Both options have an implied volatility of approximately 29%.

The $67.00 put strike represents a 9% discount to the stock price, while the $77.00 call strike represents a 4% premium. Traders can track the odds of their contracts expiring worthless on Stock Options Channel. The implied volatility for both put and call options is approximately 29%.

Read more at Nasdaq: February 27th Options Now Available For Cisco Systems (CSCO)