New Options Surge for Standard and Poor’s Global Inc: Exploring June 2026 Trades
Investors Dive into Long-Term Options
Investors in Standard and Poor’s Global Inc (Symbol: SPGI) observed new options start trading today, with a focus on June 2026 expiration. With 528 days left until expiration, these contracts may provide sellers of puts and calls an opportunity to secure a higher premium than options set to expire sooner.
The YieldBoost formula from Stock Options Channel has pinpointed one enticing put and one call contract among the new June 2026 offerings. The put contract at the $480.00 strike price has a current bid of $30.20. If an investor chooses to sell-to-open this put contract, they will be obligated to buy the stock at $480.00, but they’ll also pocket the premium, lowering their effective purchase cost to $449.80 (not including broker fees). For those interested in acquiring SPGI shares, this strategy offers a potential discount compared to the current trading price of $498.71 per share.
Out-of-the-Money Options Offer Strategic Choices
The $480.00 strike price provides an approximate 4% discount from the current share price, making it out-of-the-money by that margin. Data suggests there is a 68% chance that the put contract may expire worthless. Stock Options Channel will monitor these odds over time, providing a chart reflecting this data on their website under the contract details. Should the contract expire worthless, the premium would yield a 6.29% return on the cash committed, translating to a 4.35% annualized return, a concept we term as YieldBoost.
Below is a chart showing the last twelve months of trading history for Standard and Poor’s Global Inc, with the $480.00 strike demonstrated in green:
Covered Calls Present a Viable Path to Profit
On the call side, there is a contract with a strike price of $560.00 that currently holds a bid of $34.50. If an investor buys SPGI shares at the current price of $498.71 and sells this call contract as a “covered call,” they promise to sell the stock at $560.00. By also collecting the premium, this could yield a return of 19.21% if the stock is called away at the June 2026 expiration (excluding any dividends and broker fees). However, significant upside potential could be untapped if SPGI shares appreciate significantly. Therefore, analyzing both the previous trading history and the company’s fundamentals is crucial.
Below is the chart reflecting SPGI’s last twelve months of trading history, highlighting the $560.00 strike in red:
The $560.00 strike sits about 12% above the current share price, marking it as out-of-the-money by this percentage. There is a 55% chance that the covered call may expire worthless, which would allow the investor to retain both their shares and the premium earned. Stock Options Channel will also track these odds, updating the charts as needed under the contract detail page.
In the event the covered call contract expires worthless, the premium would contribute an extra return of 6.92% to the investor, equating to a 4.78% annualized boost, also defined as YieldBoost.
The implied volatility associated with the put contract is noted at 23%, while the call contract carries an implied volatility of 22%. Currently, our assessment of the trailing twelve-month volatility (factoring in the last 250 trading day closing values along with today’s price of $498.71) is 16%. For further options trading ideas, visit StockOptionsChannel.com.
Top YieldBoost Calls of the S&P 500 »
Also see:
- Low Priced Dividend Stocks
- Institutional Holders of MEA
- Institutional Holders of TE Connectivity
The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.
