Investors in Emerson Electric Co. (Symbol: EMR) gained access to new options today, set to expire on August 7. A notable put contract at the $127.00 strike price has a current bid of $1.75, allowing investors to potentially acquire shares at a cost basis of $125.25, representing a 14% discount from the current price of $146.95.
Additionally, a call contract at the $148.00 strike price is available with a bid of $4.90. This would yield a 4.05% total return if the stock is called away at expiration. Current analytical data indicates there is an 85% chance the put contract will expire worthless, and a 50% chance for the call contract. The put’s implied volatility is 50%, while the call’s is at 37%. The actual trailing twelve-month volatility of EMR is calculated at 31%.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
