Hashicorp Inc Offers New Option for Investors: $31 Put Contract

April 2025 Options Trading Kicks Off with Attractive Opportunities

Investors in Hashicorp Inc (Symbol: HCP) have new options available for trading this week, specifically for expiration in April 2025. With 148 days left until expiration, these new contracts present a chance for put or call sellers to earn higher premiums than those available for contracts expiring sooner. Utilizing our YieldBoost formula, Stock Options Channel has identified an interesting put contract on the HCP options chain.

The put contract at a $31.00 strike price currently holds a bid of 5 cents. By opting to sell-to-open this put contract, an investor agrees to buy the stock for $31.00 while collecting the premium. This would effectively lower their cost basis for the shares to $30.95 (excluding broker commissions). For someone who is already looking to acquire shares of HCP, this offer could be a more appealing choice than purchasing shares at the current price of $33.62 each.

The $31.00 strike price is around an 8% discount compared to the current trading price (indicating it is out-of-the-money by that same margin). There’s a 68% chance that the put contract may expire worthless, according to current analytical data including greeks and implied greeks. Stock Options Channel plans to monitor these odds over time, providing updates in the chart available on our website under the contract detail page. If the contract does indeed expire worthless, the premium would yield a 0.16% return on cash commitment or a 0.40% annualized return, a measure we refer to as YieldBoost.

Below is a chart illustrating the trailing twelve-month trading history for Hashicorp Inc, with the $31.00 strike highlighted in green for reference:

The implied volatility for the put contract mentioned above stands at 48%. In comparison, the actual trailing twelve-month volatility, considering the closing values of the last 251 trading days and today’s price of $33.62, is calculated at 42%. For more insights into other put and call options, explore StockOptionsChannel.com.

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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.