Boston, MA, 11/12/2013 (wallstreetpr) – The investors of Pfizer Inc (NYSE:PFE) felt excited as new options have been made available for them for the January 2016 expiration. One of the most important data point which goes with the price an option buyer is willing to pay is the time value. Having 795 days until expiration, this newly made available contract helps in representing a potential opportunity for the sellers of puts or calls in order to achieve a higher premium that the contracts made available near to the expiry dates. The analysts of Stock Options Channel various option chains have been made available for the new January 2016 contracts and also some of them are managing to gain a lot of recognition among the investors.
The put contract is available at a $30.00 strike price and also has a current bid of $3.50. If an investor is willing to sell to open this put contract then they are also committing to purchase the stock of shares at a price of $30.00, but they would also be collecting the premium there by putting the cost basis of the shares at $26.50 before calculating the commission of the brokers. The investors who are interested in purchasing shares belonging to Pfizer Inc, they could represent an attractive alternative to paying $31.25 per share.
As the price of $30.00 strike represents a discount of approximately 4% to the current trading price of the stock, there is also a possibility that the put contract might become worthless. With the help of the current analytical data, it is suggested that there are 56% current odds happening. The analysts of Stock Options Channel is trying to track these current odds and once it is done a chart of those numbers would be made available on the website to be viewed by the investors.
