Investors in Guardant Health Inc (GH) are now presented with new options for February 2026. The noteworthy put contract at the $85.00 strike price holds a current bid of $4.10, offering a potential cost basis of $80.90 for investors. This represents a discount of approximately 13% from the current trading price of $98.25 per share, with a 74% probability that the put will expire worthless.
Additionally, a call contract at the $100.00 strike price is available with a current bid of $8.10. Investors purchasing GH shares at $98.25 can sell this call as a covered call, committing to sell at $100.00. If exercised, this would yield a total return of 10.03%. However, there is also a 47% chance that the call may expire worthless, allowing investors to retain both their shares and the premium collected. The implied volatility for the put is 69%, while the call stands at 64%, compared to the trailing twelve-month volatility of 63%.
