March 7th options now available for trading on Amazon.com, offering potential entry points and strategies
From Nasdaq: 2025-01-23 11:11:15
Investors in Amazon.com Inc (Symbol: AMZN) have new options available for trading with the March 7th expiration date. A put contract at the $210.00 strike price has a bid of $1.64, offering a potential entry point for buying the stock. The call contract at the $240.00 strike price has a bid of $7.30, providing an opportunity for covered call strategies. The implied volatility for the put contract is 38% and for the call contract is 34%. The trailing twelve month volatility is calculated at 28%. For more options contract ideas, visit StockOptionsChannel.com.
Stock Options Channel analyzes the AMZN options chain for the March 7th contracts, highlighting the $210.00 and $240.00 strike prices. The $210.00 put contract offers a cost basis of $208.36 with an 82% chance of expiring worthless, providing a 0.78% return on the cash commitment. The $240.00 call contract presents a 5.42% total return if called away at expiration, with a 55% chance of expiring worthless. The YieldBoost formula tracks these probabilities and offers insights for investors.
The $210.00 put contract provides a 10% discount to the current stock price, potentially lowering the cost basis for investors. The $240.00 call contract offers a 2% premium and the opportunity for additional returns if the stock price rises. Analyzing the historical trading data for Amazon.com Inc is crucial for making informed decisions on options trading strategies. Stock Options Channel monitors the odds of contracts expiring worthless and calculates the YieldBoost for investors.
By selling the $210.00 put contract or buying the $240.00 call contract for Amazon.com Inc, investors can explore alternative strategies to trading the stock directly. The covered call approach combines buying shares with selling call options, providing potential returns if the stock price reaches the strike price. Understanding the implied volatility and historical trading patterns is essential for successful options trading. Stock Options Channel offers valuable insights for navigating the options market and maximizing returns.
Read more at Nasdaq: March 7th Options Now Available For Amazon.com (AMZN)