New options for Trimble Inc (TRMB) with November 20th expiration are available, offering opportunities for sellers to achieve higher premiums due to the 319 days until expiration. The $75.00 put contract has a bid of $4.10, representing a 6% discount to the current stock price. The $90.00 call contract has a bid of $4.60, with a 13% premium to the stock price. Implied volatility is 32% for puts and 31% for calls, with actual volatility at 30%. Stock Options Channel will track odds of contracts expiring worthless and offer more options contract ideas. Source: Stock Options Channel.
Investors can sell puts at $75.00 strike price for TRMB, with a 68% chance of expiring worthless, representing a 5.47% return. Calls at $90.00 strike price have a 56% chance of expiring worthless, providing a 5.77% boost. The YieldBoost formula calculates potential returns for investors. Trailing twelve month trading history for Trimble Inc is analyzed for options strategies. Source: Stock Options Channel.
Read more at Nasdaq MarketSite: TRMB November 20th Options Begin Trading
