Investors in Microsoft Corporation (MSFT) can now trade new options with a May 6th expiration date. Notably, a put contract at the $295 strike price has a bid of $8.45, allowing investors to acquire shares at a cost basis of $286.55, approximately 2% below the current stock price of $299.69.
On the call side, a $310 strike price call contract is bidding at $6.20. If purchased, it could yield a total return of 5.51% if exercised at expiration. Both contracts have a 99% chance of expiring worthless, suggesting minimal risk for investors opting to sell or hold these options.
Additionally, Microsoft’s trailing twelve-month volatility is calculated at 24%. Investors looking for more options contract ideas can explore StockOptionsChannel.com.
