Investors in Oracle Corp (NYSE: ORCL) can now access new options set to expire in December 2028. Two notable contracts include a put option with a strike price of $120.00, currently bidding at $38.75, and a call option with a strike price of $150.00, bidding at $39.95. The put option represents an opportunity for investors to commit to purchasing shares at a cost basis of $81.25, which is approximately a 1% discount to the current trading price of $120.91. The odds of the put option expiring worthless are estimated at 72%.
Conversely, the call option allows investors to potentially sell shares at $150.00, which would yield a total return of 57.10% if exercised. However, the likelihood of the call option expiring worthless is currently 38%. Implied volatility for the put is at 65%, while the call stands at 69%. The historical volatility calculated over the last 250 trading days is 63%.
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.
