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VNET Group Inc (Symbol: VNET) has introduced new options for expiration on November 21st. A notable call contract at the $10.00 strike price has a current bid of $1.60, with VNET’s stock trading at $9.49 per share.
If an investor purchases shares at this price and sells the call contract, they could achieve a total return of 22.23% if the stock is called away by expiration. The contract also carries a 41% chance of expiring worthless, allowing the investor to retain both the stock and collected premium, representing a 16.86% additional return or 97.62% annualized.
The implied volatility for the call contract is 100%, with the trailing twelve-month volatility calculated at 99% based on the last 250 trading days.
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