From Nasdaq, Inc.:

New options have been made available for investors in MicroStrategy Inc. (MSTR). The August 16th expiration date presents an opportunity for sellers of puts or calls. The yieldBoost formula at Stock Options Channel has identified one put and one call contract of particular interest. The put contract at the $480.00 strike price has a current bid of $78.75. The call contract at the $500.00 strike price has a current bid of $97.10. More details and information at Stock Options Channel’s website.

The put contract at the $480.00 strike price represents an approximate 3% discount to the current trading price of the stock and there is a possibility that the put contract would expire worthless. The current odds of that happening are 99%. A chart of those numbers will be published on Stock Options Channel’s website should the contract expire worthless, the premium would represent a 16.41% return on the cash commitment, or 31.03% annualized — at Stock Options Channel it’s called the YieldBoost. Meanwhile, the $500.00 strike represents an approximate 1% premium to the current trading price of the stock and the current odds of that happening are 99%.

There are also call contracts at different strike prices, with their respective current bids and interesting findings. A chart of MSTR’s trailing twelve month trading history is also available for further reference. The actual trailing twelve month volatility stands at 70%. For further details and ideas, visit StockOptionsChannel.com, and promote a deeper understanding.



Read more: August 16th Options Now Available For MicroStrategy (MSTR)