Investors in Amazon.com Inc. (AMZN) saw new options trading for the November 28th expiration on Stock Options Channel. A put contract at the $220.00 strike price has a bid of $9.75, offering a cost basis of $210.25 for buying shares. A call contract at the $225.00 strike has a bid of $11.55, providing a potential return of 6.52% if the stock gets called away at expiration. The implied volatility for put and call contracts are 37% and 38% respectively. The trailing twelve month volatility is 33%. For more options contract ideas, visit StockOptionsChannel.com.

Stock Options Channel will track the odds of these contracts expiring worthless over time and publish a chart of those numbers. The $220.00 put contract has a 58% chance of expiring worthless, while the $225.00 call contract has a 49% chance. If the contracts expire worthless, investors can keep both the shares and premium collected, boosting returns by 4.43% for the put contract and 5.20% for the call contract.

The $220.00 put contract represents a 1% discount to the current stock price, while the $225.00 call contract represents a 1% premium. Investors can consider selling put contracts as an alternative to buying shares outright, or selling call contracts to potentially capitalize on stock gains. Visit StockOptionsChannel.com for more information on options trading strategies.

Read more at NASDAQ: November 28th Options Now Available For Amazon.com (AMZN)