2/9/2024 0 Comments Snap loading sign![]() On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). ![]() The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 99%. To an investor already interested in purchasing shares of SNAP, that could represent an attractive alternative to paying $17.28/share today.Ĭonsidering the fact that the $20.00 strike represents an approximate 16% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $17.00, but will also collect the premium, putting the cost basis of the shares at $13.85 (before broker commissions). The put contract at the $17.00 strike price has a current bid of $3.15. At Stock Options Channel, our YieldBoost formula has looked up and down the SNAP options chain for the new November 2024 contracts and identified one put and one call contract of particular interest. ![]() One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 333 days until expiration the newly trading contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. Investors in Snap Inc (Symbol: SNAP) saw new options begin trading today, for the November 2024 expiration.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |