Unveiling Apple Inc. Options on October 25th
Apple Inc. (AAPL) investors witnessed the commencement of new options trading for the October 25th expiration today. At Stock Options Channel, a noteworthy put and call contract have been identified, capturing the attention of traders and stirring the volatility waters.
Delving into the Put Contract
The put option at the $220.00 strike price stands out with a current bid of $5.50. By selling-to-open this put contract, an investor commits to buy the stock at $220.00, offset by premium collection. With a potential cost basis of $214.50, this offers an appealing alternative to the current share price of $225.31.
Emerging Patterns in Historical Data
Furthermore, this put contract at a $220.00 strike reflects a 2% discount to the current stock price, potentially expiring worthless with a 62% likelihood. An analysis of greeks and implied greeks provides insights into evolving probabilities, all tracked meticulously by Stock Options Channel.
Exploring the Call Side
On the call side, the $230.00 strike call contract is making waves with a bid of $4.95. In a “covered call” scenario, an investor selling this call commits to sell the stock at $230.00, embarking on a journey of potential returns or missed opportunities.
Analyzing Potential Upside
The $230.00 strike holds a 2% premium to the current stock price, mirroring out-of-the-money projections and a 57% chance of expiring worthless. Stock Options Channel keeps a watchful eye on these odds, offering a YieldBoost perspective for investors.
Comparing Volatility Metrics
With implied volatility at 26% for puts and 24% for calls, the trailing twelve-month volatility of 22% provides a broader context for decision-making. Unveiling calculated insights breeds confidence amid market fluctuations.
Foray into Option Contract Exploration
Embark on a journey into the world of put and call options with StockOptionsChannel.com. Discover a realm of possibilities and strategies to navigate the ever-changing landscape of financial markets.