Investors in Agnico Eagle Mines Ltd (Symbol: AEM) have new options available for the February 27th expiration. A put contract at the $175.00 strike price has a bid of $7.40, offering a cost basis of $167.60. The put contract has a 60% chance of expiring worthless. On the calls side, a call contract at the $185.00 strike price has a bid of $7.50, promising a total return of 5.50% if the stock reaches that price. The call contract has a 54% chance of expiring worthless. Implied volatility in the put and call contracts is 42% and 41%, respectively, while the actual 12-month volatility is 37%. For more options ideas, visit StockOptionsChannel.com.

Read more at Nasdaq: February 27th Options Now Available For Agnico Eagle Mines (AEM)