Investors in Mobileye Global Inc (MBLY) gained access to new options today, including a put contract with a $10.00 strike price, expiring in February 2026. The current bid for this contract is 50 cents, which would allow investors to purchase shares at an effective cost basis of $9.50, offering a 6% discount from the current trading price of $10.60. The chances of this contract expiring worthless are estimated at 65%, potentially providing a 5.00% return or 41.48% annualized.
Additionally, a call contract with an $11.50 strike price is available, currently bid at 30 cents. If bought, it allows investors to sell the stock at this price, translating to an 11.32% total return if exercised. The likelihood of this contract expiring worthless is projected at 55%, potentially yielding a 2.83% additional return or 23.48% annualized. The options market reflects an implied volatility of 70% for puts and 62% for calls, while the trailing twelve-month volatility is calculated at 59%.
