GOOG June 2027 Options Begin Trading
Investors in Alphabet Inc (Symbol: GOOG) saw new options begin trading today, for the June 2027 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 807 days until expiration the newly trading contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the GOOG options chain for the new June 2027 contracts and identified one put and one call contract of particular interest.The put contract at the $155.00 strike price has a current bid of $23.00. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $155.00, but will also collect the premium, putting the cost basis of the shares at $132.00 (before broker commissions). To an investor already interested in purchasing shares of GOOG, that could r...