Investors in Alphabet Inc (GOOGL) have new options trading for the December 26th expiration. A put contract at $225.00 strike price has a bid of 88 cents, offering a cost basis of $224.12 per share. The call contract at $290.00 strike has a bid of $11.00, providing a total return of 6.28% if called away at expiration. Implied volatility in put contract is 41%, while call contract is 35%. Actual trailing twelve month volatility is 32%. Visit StockOptionsChannel.com for more option contract ideas.

The put contract at $225.00 strike represents an approximate 21% discount to current stock price, with a 95% chance of expiring worthless. The call contract at $290.00 strike represents a 2% premium, with a 53% chance of expiring worthless. Premiums in both contracts offer boost of return to investors. Stock Options Channel will track odds over time and publish detailed chart analysis on their website.

Investors can consider selling put contracts at $225.00 strike for potential stock purchase at a discount or selling covered call contracts at $290.00 strike for potential profit. Implied volatility in put contract is 41%, while implied volatility in call contract is 35%. Actual trailing twelve month volatility is 32%. Visit StockOptionsChannel.com for more options contract ideas and analysis.

Read more at Nasdaq: December 26th Options Now Available For Alphabet (GOOGL)