Interpublic Group of Companies Inc. (IPG) launched new options today for April 2026 expiration. The put contract at a $25.00 strike price has a current bid of $0.20, allowing an investor to potentially lower their cost basis to $24.80 if they sell-to-open. The current stock price is $25.67, representing a ~3% discount for the put option, which has a 58% chance of expiring worthless.
On the calls side, a $26.00 strike call option has a bid of $0.25, offering a total return of 2.26% if the option is exercised. This call is priced approximately 1% above the current stock price, with a 48% probability of expiring worthless. Implied volatility for the put is 31% and for the call, 32%. The trailing twelve-month actual volatility is calculated at 30%.
