New Options for Array Technologies Could Impact Stock Prices

Investors in Array Technologies Inc have a new opportunity with July 2025 options. The reports suggest attractive premiums for put and call contracts, potentially affecting stock prices positively as they provide options for positioning in the market.

Date: 15-11-2024

AI Rating: 7

The report discusses new options available for Array Technologies Inc (Symbol: ARRY) with a July 2025 expiration date. Investors can benefit from these options through the potential for higher premiums due to the long expiration period.

For the put contract at the $7.00 strike price, the current bid is $1.40, suggesting a commitment to buy at $7.00 while effectively reducing the cost basis to $5.60. This can capture investor interest as it presents a discounted entry point compared to the current share price of $7.58.

The report highlights the 70% likelihood that the put contract may expire worthless, which could yield a 20% return on the cash commitment for an investor.

On the calls side, the $8.00 strike call contract has a current bid of $1.85. If investors buy ARRY stock at $7.58 and sell the call, they could potentially achieve a total return of 29.95% if exercised. The stock's pricing strategy could motivate investors seeking to capture gains through these options.

Regarding implied volatility, the put contract displays an 86% volatility rate, while the call contract demonstrates an 84% rate, which indicates expected fluctuations in stock price and could attract options traders (though the actual trailing twelve-month volatility is lower at 74%). These figures suggest a heightened trading environment which can lead to stock price modifications.

Stocks: ARRY