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NextEra Energy Inc (NEE) began trading new options for January 2026 today, featuring a put contract at a $79.00 strike price with a bid of $0.50. Selling this contract commits an investor to purchase shares at $79.00, effectively lowering their cost basis to $78.50, which represents a 7% discount from the current trading price of $85.00. Analysts estimate a 74% chance that the put option may expire worthless.
On the call side, a contract at a $89.00 strike price has a current bid of $1.24. If an investor uses this as a covered call after buying NEE at $85.00, it could yield a total return of 6.16% by expiration. The $89.00 strike represents a 5% premium to the current price, with a 63% chance of expiring worthless, allowing investors to retain both shares and premium collected.
Current implied volatility for the put is 36% and 34% for the call, compared to an actual trailing volatility of 28% over the past year.
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