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Globalstar Inc (Symbol: GSAT) has introduced new options contracts with a February 2026 expiration date, providing investors the chance to capitalize on options trading strategies. The put contract at a $60.00 strike price has a current bid of $6.50, allowing sellers to potentially acquire shares at an effective cost of $53.50, which is a 2% discount from the current share price of $61.18. The odds of the put contract expiring worthless are estimated at 60%.
On the call side, a contract at the $65.00 strike price is available for $5.60. If investors execute a covered call at this price, they could see a total return of 15.40% upon expiration, assuming the stock price reaches the strike price. The call contract carries a 49% chance of expiring worthless, potentially boosting returns by 9.15% or 42.29% annualized if it does not get called away.
Implied volatility for the put option is 81%, while for the call it is 79%. The actual trailing volatility over the last 250 trading days is calculated at 72%.
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