Investors in CDW Corp (CDW) can now trade new options contracts set to expire in December 2026. The put contract at a $135.00 strike price currently has a bid of $12.50, allowing sellers to establish a cost basis of $122.50 per share if executed. This represents a potential discount of about 3% compared to the current stock price of $138.97, with a 62% chance of the put expiring worthless, offering an estimated 9.26% return on cash commitment.
On the call side, a contract with a $145.00 strike price is available at a bid of $15.00. If implemented as a covered call after purchasing the stock at the current price, it could yield a total return of 15.13% by the December 2026 expiration. The call has a 46% chance of expiring worthless, which would allow investors to retain their shares while earning a 10.79% boost in returns from the premium. Implied volatilities for the put and call are 32% and 34% respectively.
