Investors in Alibaba Group Holding Ltd (BABA) have new options available for trading with the December 5th expiration. A put contract at the $165.00 strike price has a bid of $8.55, offering a cost basis of $156.45 per share. The call contract at the $175.00 strike price has a bid of $9.15, with a potential 8.55% return if the stock is called away.

The $165.00 put contract has a 61% chance of expiring worthless, while the $175.00 call contract has a 52% chance. The implied volatility for the put and call contracts are 52% and 53% respectively. Actual trailing twelve month volatility is calculated at 49%. For more options contract ideas, visit StockOptionsChannel.com.

For more information on top YieldBoost calls of the S&P 500, check out the link. The author’s views and opinions expressed do not necessarily reflect those of Nasdaq, Inc.

Read more at Nasdaq: December 5th Options Now Available For Alibaba Group Holding (BABA)