New options for Cisco Systems Inc (CSCO) are available for March 13th expiration. A put contract at the $78.00 strike price has a bid of 80 cents, representing a 1% discount. The call contract at $79.00 has a bid of $1.55, offering a 1% premium. Implied volatility for puts is 28% and for calls is 34%.
Investors can sell-to-open put contracts at $78.00 or purchase shares and sell-to-open call contracts at $79.00 for potential returns. Analytical data suggests odds of put contracts expiring worthless at 54% and calls at 50%. The premium collected could boost returns by 1.03% for puts and 1.97% for calls, annualized at 8.71% and 16.77%, respectively.
Trailing twelve month trading history for CSCO shows the $78.00 put and $79.00 call strike prices. Investors can track the odds of contracts expiring worthless on Stock Options Channel’s website. With a 1% discount for puts and a 1% premium for calls, there is potential for increased returns if contracts expire worthless. Visit StockOptionsChannel.com for more options ideas.
Read more at Nasdaq: CSCO March 13th Options Begin Trading
