April 12th Options Now Available For Alibaba Group Holding (BABA)

From Nasdaq:

Investors in Alibaba (BABA) now have new options for the April 12th expiration. One put contract at $73.00 with a bid of $2.68 allows investors to purchase shares at a discount. The odds of the put contract expiring worthless are 99%, offering a potential 3.67% return. Stock Options Channel will track these odds over time. On the calls side, a call contract at the $75.00 strike price has a bid of $3.10. By selling this call as a covered call, investors can potentially earn a 5.30% return at expiry. The covered call contract expiring worthless could offer a 4.18% boost of extra return, according to current data. The trailing twelve month volatility of Alibaba is calculated to be 39%. Check out StockOptionsChannel.com for more options contract ideas.



Read more at Nasdaq: April 12th Options Now Available For Alibaba Group Holding (BABA)