Agnico Eagle Mines (AEM) Launches March 27th Options

Investors monitoring Agnico Eagle Mines Ltd (symbol: AEM) can now explore new options that are available for trading with a March 27th expiration. Recent analysis has uncovered specific put and call contracts that may draw interest for potential opportunities.

Agnico Eagle Mines Options Analysis

Put Option at $190.00 Strike

One notable option is a put contract at the $190.00 strike price, currently with a bid of $9.30. Selling this contract obligates the investor to purchase shares of AEM at $190.00. However, by trading the option, investors collect the premium, effectively lowering their cost basis to $180.70, excluding broker commissions.

This opportunity can be appealing compared to the current stock price of approximately $192.28, as it represents a 1% discount. Current analytics suggest a 62% chance that this put option could expire worthless. If that occurs, the premium collected offers a return of 4.89% on the investment, translating to an annualized yield of roughly 35.76%.

Call Option at $200.00 Strike

On the call side, a contract at the $200.00 strike price is currently bid at $13.10. If an investor buys AEM shares at $192.28 and sells this call as a covered call, they agree to sell at $200.00. Including the premium, this strategy yields a total potential return of 10.83% if the stock is called away by the expiration date.

It’s crucial to assess that the $200.00 strike represents about a 4% premium over the current trading price. The data indicates a 48% likelihood that the covered call could also expire worthless, enabling the investor to retain both the shares and the earned premium. If that happens, the premium would account for a 6.81% additional return, equivalent to an annualized yield of 49.78%.

Market Volatility Insights

• Implied volatility for the put option is at 52%.
• Implied volatility for the call option is at 55%.
• Trailing twelve-month historical volatility is calculated to be 40%.

Monitoring these options through filmogaz.com will provide ongoing insights into how these contract odds evolve over time. Interested investors should stay informed as they evaluate the trading history and fundamental performance of Agnico Eagle Mines Ltd for potential investment decisions.