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Onestream Inc – Class A (Symbol: OS) has introduced new options expiring on December 19, 2023. A highlighted call contract at the $17.50 strike price currently has a bid of $0.45, representing approximately a 4% premium over the current stock price of $16.77.
If investors purchase the stock and sell the call as a covered call, they could achieve a total return of 7.04% if the shares are called away, excluding dividends. Current analytics indicate a 48% chance that the contract may expire worthless, allowing investors to retain shares and earn a premium, translating to a 2.68% return boost or 15.54% annualized.
The implied volatility for this call contract is 84%, while the actual trailing twelve-month volatility is calculated at 54%.
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