New Opportunities for Investors
As the investment world turns, new options for Tesla Inc (Symbol: TSLA) have made their debut for the July 26th expiration date. This launch has piqued the interest of many investors, introducing fresh potential strategies as they navigate the stock market horizon.
An In-Depth Look at Put Contracts
Exploring the put side of things, a put contract at the $170.00 strike price emerges with a current bid of $9.00. By venturing into selling-to-open this put contract, investors delve into a commitment to buy the stock at $170.00, with the premium offsetting the cost basis to $161.00. This position ushers a different perspective for investors eyeing TSLA shares at $173.53 per share today, tempting them with a potentially more appealing choice.
Intriguingly, the $170.00 strike indicates a slight 2% markdown from the current trading price of the stock, suggesting an out-of-the-money trajectory. With a 59% probability of the put contract expiring worthless, the stakes are high but laden with possibility. Monitoring these odds over time through analytical data will unveil the unfolding narrative, with Stock Options Channel keeping investors in the loop.
Visualizing Trading History and Call Contracts
Embarking on the calls side, a call contract seated at the $190.00 strike price beckons with a $7.50 bid. For an investor acquiring TSLA shares at $173.53 each and engaging in selling-to-open this call contract as a “covered call,” the commitment to sell the stock at $190.00 looms large. This maneuver promises a potential return of 13.81% if the stock gets called away at the July 26th expiration.
As the $190.00 strike flaunts a tantalizing 9% premium over the current trading price of the stock, it dances in the out-of-the-money sphere. With a 61% chance of the covered call contract fizzling out, investors must navigate the terrain wisely. Deriving an extra boost from the premium, they could secure a 4.32% bump in return or 31.55% annualized, encapsulating this phenomenon as the YieldBoost.
Volatility Insights and Beyond
Delving into the implied volatility showcases different facets, with the put contract hinting at 54% and the call contract showcasing 57%. Meanwhile, the actual trailing twelve-month volatility stands at 51%, painting a nuanced picture of the stock’s performance.
For intrepid investors seeking more put and call options contract inspirations, a visit to StockOptionsChannel.com might just spark the next great investment journey.