Investors in Snowflake Inc (SNOW) have new options trading for the October 3rd expiration. The $190.00 put contract has a bid of $12.95, with a 57% chance of expiring worthless. The $255.00 call contract has a bid of 98 cents, with an 87% chance of expiring worthless. Implied volatility is 62% for puts and 66% for calls, while actual twelve month volatility is 52%. Selling puts could yield a 6.82% return, while covered calls could yield a 32.41% return. Stock Options Channel is tracking these options for potential investors to consider.
Read more at Nasdaq: October 3rd Options Now Available For Snowflake (SNOW)
