Initial Week of LEGN Options Trading for August 2026
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 19 2025
0mins
Should l Buy LEGN?
Source: NASDAQ.COM
Put Contract Overview: The $20.00 put contract for LEGN has a bid of 60 cents, allowing investors to buy shares at a cost basis of $19.40, which is an 8% discount from the current price of $21.71. There is a 68% chance the contract may expire worthless, offering a potential 3.00% return on cash commitment.
Call Contract Overview: The $22.50 call contract has a bid of $1.60, and if shares are purchased at $21.71 and the call is sold, it could yield an 11.01% return if exercised by August 2026. The chance of the call expiring worthless is 42%, which would provide a 7.37% additional return.
Volatility Insights: The implied volatility for the put contract is 55% and for the call contract is 53%, while the actual trailing twelve-month volatility is calculated at 46%, indicating market expectations for price fluctuations.
YieldBoost Concept: The article discusses the concept of YieldBoost, highlighting potential returns from both put and call contracts, and encourages investors to track these options and their changing odds on the Stock Options Channel website.
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Analyst Views on LEGN
Wall Street analysts forecast LEGN stock price to rise
11 Analyst Rating
10 Buy
1 Hold
0 Sell
Strong Buy
Current: 16.800
Low
48.00
Averages
68.10
High
90.00
Current: 16.800
Low
48.00
Averages
68.10
High
90.00
About LEGN
Legend Biotech Corporation is a global biopharmaceutical company. The Company is engaged in the discovery, development, manufacturing and commercialization of cell therapies for oncology and other indications. Its lead product candidate, ciltacabtagene autoleucel (cilta-cel), referred to as LCAR- B38M, is an autologous chimeric antigen receptor (CAR-T) cell therapy that targets the B-cell maturation antigen (BCMA), which is a highly expressed protein in several hematologic malignancies, including multiple myeloma (MM). In addition to cilta-cel, the Company has a portfolio of earlier-stage autologous CAR-T product candidates targeting various cancers, including Non-Hodgkins Lymphoma, acute lymphoblastic leukemia, gastric cancer, esophageal cancer, pancreatic cancer, colorectal cancer, small cell lung cancer, and non-small cell lung cancer. It is also engaged in developing an allogeneic gamma delta CAR-T product candidate and an allogeneic CAR-NK product candidate targeting BCMA for MM.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Revenue Expectations: The anticipated revenue for Q4 is $310.21 million, representing a 66.3% year-over-year growth, which will further solidify the company's market position in the biotechnology sector, particularly driven by the Carvykti product.
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