New options available for September 13th expiry on AMD, with potential return opportunities

From Nasdaq: 2024-08-01 17:18:10

Investors in Advanced Micro Devices Inc (AMD) now have new options available for trading, expiring on September 13th. The $135.00 strike put contract has a bid of $5.75, offering a possible purchase price of $129.25. The call contract at the $145.00 strike has a bid of $7.50, providing a potential return of 9.74% if the stock is called away. Implied volatility for both put and call contracts is approximately 47%.

The $135.00 put contract represents a 3% discount to the stock’s current trading price, with a 65% chance of expiring worthless. The $145.00 call contract is a 4% premium, with a 52% chance of expiring worthless. A covered call strategy could provide a 5.40% boost in return if the contract expires worthless. Stock Options Channel will track these odds over time.

Analyzing AMD’s trading history and business fundamentals is crucial when considering options contracts. The YieldBoost formula can help investors evaluate different scenarios for potential returns and risks. For more options contract ideas, visit StockOptionsChannel.com.



Read more at Nasdaq: AMD September 13th Options Begin Trading