Noteworthy OKTA Put and Call Options Set for December 19th
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 17 2025
0mins
Source: NASDAQ.COM
Put Contract Analysis: The $85.00 put contract for OKTA has a bid of $5.65, allowing investors to potentially buy shares at a cost basis of $79.35, which is attractive compared to the current price of $86.90. There is a 60% chance the contract may expire worthless, offering a potential 6.65% return on cash commitment.
Call Contract Strategy: The $90.00 call contract has a bid of $6.00, allowing investors to sell shares at that price if they buy at $86.90. This could yield a 10.47% return if exercised, with a 50% chance of expiring worthless, which would still provide a 6.90% additional return.
Volatility Insights: The implied volatility for the put contract is 53% and for the call contract is 52%, while the actual trailing twelve-month volatility is calculated at 46%.
YieldBoost Concept: Both the put and call contracts offer potential YieldBoosts, with the put providing a 38.49% annualized return if it expires worthless, and the call offering a 39.98% annualized return under similar conditions.
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Analyst Views on OKTA
Wall Street analysts forecast OKTA stock price to fall
31 Analyst Rating
22 Buy
8 Hold
1 Sell
Moderate Buy
Current: 116.270
Low
75.00
Averages
114.03
High
145.00
Current: 116.270
Low
75.00
Averages
114.03
High
145.00
About OKTA
Okta, Inc. is an independent identity partner. The Company's Okta Platform and Auth0 Platform enable its customers to securely connect the right people to the right technologies and services at the right time. It offers independent and neutral cloud-based identity solutions that allow customers to integrate with nearly any application, service or cloud that they choose through its platforms. Organizations use the Company's platforms to securely access a wide range of cloud, mobile, web and Software-as-a-Service applications, on-premises servers, application programming interfaces, IT infrastructure providers, and services from a multitude of devices. Developers leverage its Okta Platform and Auth0 Platform to securely and efficiently embed identity for both human users and, increasingly, AI agents into the software they build. Auth0 for AI Agents enables developers to leverage the Auth0 Platform to secure and scale agentic applications from pilot to production.
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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