From Nasdaq:

Investors in Apple Inc (Symbol: AAPL) are benefiting from new options available this week for the January 2026 expiration. With 745 days until expiration, the newly released contracts present a potential opportunity for sellers of puts or calls to achieve a higher premium than the contracts with a closer expiration. The put contract at the $180.00 strike price has a current bid of $17.60, representing an attractive alternative to purchasing shares of AAPL.

The $180.00 strike represents an approximate 3% discount to the current trading price, with the chance that the put contract would expire worthless. The current odds of that happening are 68%, and even if it does expire worthless, the premium would represent a 9.78% return on the cash commitment, or 4.79% annualized.

The call contract at the $205.00 strike price has a current bid of $24.00, offering a total return of 22.79% if the stock gets called away at the January 2026 expiration. The covered call contract also has the possibility of expiring worthless, with the current odds of that happening at 42%. Should the contract expire worthless, the premium would represent a 12.87% boost of extra return to the investor, or 6.30% annualized.

The implied volatility in the put contract example is 30%, while the implied volatility in the call contract example is 21%. Meanwhile, the actual trailing twelve-month volatility is calculated to be 20%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com.



Read more: First Week of January 2026 Options Trading For Apple