New options available for Amazon, with put contract at $195.00 and call contract at $205.00

From Nasdaq: 2024-07-03 12:17:06

Investors in Amazon.com Inc (AMZN) can now trade new options for the August 23rd expiration. Options analysis by Stock Options Channel highlights a put contract at $195.00 strike price, with a bid of $6.70. The contract allows investors to purchase the stock at $195.00, with a cost basis of $188.30. Odd of expiring worthless is 60%.

On the calls side, a call contract at $205.00 strike price has a bid of $7.55. Selling this call as a “covered call” could result in a 7.51% return if stock is called away at expiration. Chance of expiring worthless is 55%. Imply volatility in put contract is 33%, and 36% in call contract.



Read more at Nasdaq: August 23rd Options Now Available For Amazon.com (AMZN)