Investors in Microsoft (MSFT) have new options available for the November 20th expiration. With 312 days until expiration, sellers of puts or calls could earn higher premiums. A put contract at the $475.00 strike price has a bid of $37.70, representing a 1% discount to the current stock price. The call contract at $505.00 has a bid of $40.00.

Selling the put contract could yield a 7.94% return if it expires worthless, while selling the call contract could result in a 13.74% return if the stock gets called away. The current odds of the put contract expiring worthless are 60%, while it’s 49% for the call contract. Both contracts have an implied volatility of approximately 27%.

The $475.00 put contract and $505.00 call contract offer potential opportunities for investors. The put contract has a bid of $37.70, while the call contract has a bid of $40.00. Both contracts have an implied volatility of approximately 27%. Stock Options Channel will track the odds of the contracts expiring worthless over time.

Read more at Nasdaq: November 20th Options Now Available For Microsoft (MSFT)