From Nasdaq, Inc.:

Today, new options have become available for MicroStrategy Inc. (MSTR) investors at Stock Options Channel. The $570.00 strike price put contract for March 28th has a current bid of $52.15, representing a 1% discount to the stock’s trading price. The current odds of expiration are 99%, with the potential for a 9.15% return on the cash commitment.

For investors interested in MicroStrategy Inc., selling the put contract at $570.00 could provide an attractive alternative to purchasing shares today at $573.29. The put contract presents a 1% discount and has a current bid of $52.15. If the contract were to expire worthless, the premium would offer a 9.15% return on the cash commitment.

Stock Options Channel has identified a put contract at the $570.00 strike price for MicroStrategy Inc.’s March 28th expiration date. Currently, the put contract has a current bid of $52.15, representing a discount to the stock’s trading price. The contract could offer a 9.15% return on the cash commitment if it were to expire worthless and provides a lower cost basis for shares.



Read more: Interesting MSTR Put Options For March 28th