New options for Strategy Inc (Symbol: MSTR) began trading today for December 2028 expiration. The $125.00 put contract has a bid of $53.80 and offers a 43.04% return if it expires worthless. The $165.00 call contract has a bid of $60.30, providing a 73.40% return if the stock gets called away.

The $125.00 put contract represents a 4% discount to the current stock price, with an 80% chance of expiring worthless. The $165.00 call contract has a 27% premium and a 26% chance of expiring worthless. Implied volatility for put and call contracts is 92% and 86% respectively, with actual volatility at 80%.

Investors can explore more options ideas at StockOptionsChannel.com.

Source: Stock Options Channel

Read more at Nasdaq: MSTR December 2028 Options Begin Trading