DigitalBridge Group Inc (DBRG) has introduced new options contracts set to expire in April 2026. Investors have the opportunity to buy a put contract at a $12.00 strike price, currently bidding at $1.05. If exercised, the effective purchase cost would be $10.95 per share, approximately 7% below the current trading price of $12.87. The odds of this put contract expiring worthless are currently estimated at 65%.
Conversely, a call contract at a $15.00 strike price is available, with a current bid of $0.85. If investors purchase shares at $12.87 and sell the call, the total return could be 23.15% if the shares are called away at expiration. However, there is a 57% likelihood that this covered call may also expire worthless, allowing the investor to retain both shares and premium. The implied volatility for the put and call contracts is about 72% and 71%, respectively.
For further options strategies, investors can visit Stock Options Channel for detailed analytics.
