Investors considering a purchase of Hologic Inc (HOLX) may find selling put options an attractive strategy, especially the June 2026 put at a $70 strike currently bid at $0.45. This premium offers a 0.6% return against the $70 commitment, equating to a 1.4% annualized rate of return.
The put contract will only result in ownership of shares if exercised, which occurs if Hologic’s stock drops by 6.1%. As of now, the stock price sits at $74.53. Hologic’s trailing twelve-month volatility is calculated at 29%, providing context for evaluating the risk versus reward of this options strategy.
For further information on other available put options, investors can visit StockOptionsChannel.com.
