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Investors in EZCORP, Inc. (EZPW) are now able to trade new options with a June 2026 expiration. The newly traded contracts feature a put option at a $15.00 strike price, currently bid at 45 cents, which offers a potential cost basis of $14.55 for buyers. This represents a 17% discount from the current trading price of $17.97. The likelihood of this put contract expiring worthless is estimated at 77%.
Additionally, a call option at a $22.50 strike price is available with a bid of 25 cents. If an investor commits to sell the stock at this price, the potential total return, assuming the stock is called away, would be 26.60%. This call option is approximately 25% above the current trading price, with a 65% probability of expiring worthless. The implied volatility for the put and call contracts is 42% and 48%, respectively, while the actual trailing twelve-month volatility is calculated at 30%.
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