Investors in Meta Platforms Inc (Symbol: META) can now trade new options expiring on November 28th. One put contract at the $715.00 strike price has a bid of $38.20, offering a cost basis of $676.80 per share. The call contract at the $725.00 strike price has a bid of $39.15, providing a potential return of 6.33% if the stock reaches that price by expiration.

The put contract at the $715.00 strike price has a 55% chance of expiring worthless, offering a 5.34% return. Meanwhile, the call contract at the $725.00 strike price has a 48% chance of expiring worthless, providing a 5.45% boost in return. Implied volatility for the put and call contracts is 42% and 41%, respectively.

Stock Options Channel will track the odds of the put and call contracts expiring worthless over time. The current trailing twelve month volatility for Meta Platforms Inc is 36%. For more options contract ideas, visit StockOptionsChannel.com.

Read more at Nasdaq: META November 28th Options Begin Trading