February 2026 Options Now Available For Mondelez International (MDLZ)

Mondelez (MDLZ) option ideas from Stock Options Channel: selling the Feb 2026 $52.50 put (bid $0.05) would obligate purchase at $52.50 but nets a $52.45 cost basis vs the $54.11 stock price (≈3% OTM), with analytics putting the chance it expires worthless at ~60% and the premium representing a 0.10% return on cash (0.49% annualized). Alternatively, buying at $54.11 and selling the Feb 2026 $57.50 covered call (bid $0.10) would cap sale at $57.50 for a total return of 6.45% if called (≈6% OTM) while the call has a ~66% chance of expiring worthless, yielding a 0.18% immediate boost (0.95% annualized) if it does. Implied volatilities are 27% on the put and 32% on the call versus a trailing 12‑month realized volatility of 22%; Stock Options Channel will track odds and contract histories on its site.

Analysis

Stock Options Channel highlights a Feb 2026 MDLZ $52.50 put with a $0.05 bid; selling-to-open would obligate purchase at $52.50 and net an effective cost basis of $52.45 versus the current $54.11 market price, with the strike ~3% out-of-the-money and analytics placing the probability of the put expiring worthless at ~60%. If the contract expires worthless the collected premium represents a 0.10% return on the cash commitment, or 0.49% annualized (termed the YieldBoost).

The Feb 2026 $57.50 call is bid $0.10; buying shares at $54.11 and selling this covered call would cap proceeds at $57.50 and deliver a 6.45% total return if called, while the strike is ~6% out-of-the-money and the chance it expires worthless is estimated at ~66%. If the call expires worthless the premium yields a 0.18% immediate boost or 0.95% annualized.

Implied volatility is 27% on the put and 32% on the call versus a trailing 12‑month realized volatility of 22%, signaling options are pricing modestly higher near-term uncertainty than recent realized moves. The proposals offer limited incremental yield relative to equity exposure and involve clear trade-offs: the put sellers accept assignment risk at a slightly lower basis, while covered-call sellers accept capped upside; Stock Options Channel will track odds and contract histories which may change the attractiveness of these trades.

Key Decisions for Investors

• Consider selling the Feb 2026 $52.50 put only if you are willing to own MDLZ at an effective $52.45 basis and view the 0.49% annualized yield as a means to lower entry cost rather than a standalone income strategy
• Use the Feb 2026 $57.50 covered call to generate modest incremental return if you already hold or plan to buy shares, recognizing it caps upside at ~6.45% to expiration and may leave significant upside on the table
• Monitor implied versus realized volatility and the Stock Options Channel odds chart for shifts in the ~60–66% expire-worthless probabilities; if implied vol compresses or odds change materially, reduce position size or reconsider the trade given the low absolute yields