Investors in DigitalOcean Holdings Inc (DOCN) can now explore new options expiring in November 2027. A put contract at a $160.00 strike price has a current bid of $55.50, which would result in a cost basis of $104.50 per share if sold. This represents a 1% discount to DOCN’s current trading price of $162.12, with a 70% chance it could expire worthless, potentially yielding a 34.69% return on the cash commitment.
On the call side, a contract at the $175.00 strike price is bid at $57.00. Investors purchasing shares at $162.12 and selling this call would achieve a total return of 43.10% if the stock is called away. There’s a 32% chance this contract might expire worthless, allowing investors to keep their shares and the premium, contributing a potential 35.16% return. Current implied volatilities are 84% for puts and 87% for calls, with trailing volatility calculated at 76%.
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