Investors in Electronic Arts, Inc. (EA) saw new options become available today, for the January 31st expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the EA options chain for the new January 31st contracts and identified one put and one call contract of particular interest.The put contract at the $23.50 strike price has a current bid of 80 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $23.50, but will also collect the premium, putting the cost basis of the shares at $22.70 (before broker commissions). To an investor already interested in purchasing shares of EA, that could represent an attractive alternative to paying $23.79/share today.
EA January 31st Options Begin Trading
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