August 2026 Options Released for Ball

Put Contract Overview: The $50.00 put contract has a bid of $1.50, allowing investors to buy BALL stock at a cost basis of $48.50, which is a 5% discount from the current price of $52.47. There is a 65% chance the contract may expire worthless, offering a potential 3.00% return on cash commitment.

Call Contract Overview: The $55.00 call contract has a bid of $2.25, enabling investors to sell BALL stock at that price after purchasing it at $52.47. If the stock is called away, the total return could be 9.11%, but there is a 50% chance the contract may expire worthless, allowing investors to keep both the shares and the premium.

YieldBoost Concept: The potential returns from both the put and call contracts are referred to as "YieldBoost," with the put offering a 4.45% annualized return and the call providing a 6.36% annualized return if they expire worthless.

Volatility Insights: The implied volatility for the put contract is 31% and for the call contract is 28%, while the actual trailing twelve-month volatility is calculated at 26%, indicating the market's expectations for price fluctuations.