--- title: "May 22nd Options Now Available For CRH" type: "News" locale: "en" url: "https://longbridge.com/en/news/281544530.md" description: "New options for CRH plc (Symbol: CRH) are now available, expiring on May 22nd. A notable put contract at a $104.00 strike price has a bid of $3.60, allowing investors to potentially buy shares at a lower cost basis of $100.40. Conversely, a call contract at a $115.00 strike price offers a potential return of 10.97% if exercised. The odds of the put expiring worthless are 55%, while the call has a 70% chance of expiring worthless, allowing investors to keep their shares and premiums. Implied volatilities are 39% for puts and 42% for calls." datetime: "2026-04-02T14:50:32.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281544530.md) - [en](https://longbridge.com/en/news/281544530.md) - [zh-HK](https://longbridge.com/zh-HK/news/281544530.md) generator: "portal-rs" --- # May 22nd Options Now Available For CRH Investors in CRH plc (Symbol: CRH) saw new options begin trading today, for the May 22nd expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the CRH options chain for the new May 22nd contracts and identified one put and one call contract of particular interest. The put contract at the $104.00 strike price has a current bid of $3.60. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $104.00, but will also collect the premium, putting the cost basis of the shares at $100.40 (before broker commissions). To an investor already interested in purchasing shares of CRH, that could represent an attractive alternative to paying $104.85/share today. Because the $104.00 strike represents an approximate 1% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 55%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 3.46% return on the cash commitment, or 25.27% annualized — at Stock Options Channel we call this the *YieldBoost*. Below is a chart showing the trailing twelve month trading history for CRH plc, and highlighting in green where the $104.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $115.00 strike price has a current bid of $1.35. If an investor was to purchase shares of CRH stock at the current price level of $104.85/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $115.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 10.97% if the stock gets called away at the May 22nd expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if CRH shares really soar, which is why looking at the trailing twelve month trading history for CRH plc, as well as studying the business fundamentals becomes important. Below is a chart showing CRH's trailing twelve month trading history, with the $115.00 strike highlighted in red: Considering the fact that the $115.00 strike represents an approximate 10% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 70%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 1.29% boost of extra return to the investor, or 9.40% annualized, which we refer to as the *YieldBoost*. The implied volatility in the put contract example is 39%, while the implied volatility in the call contract example is 42%. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 251 trading day closing values as well as today's price of $104.85) to be 33%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the S&P 500 » ##### Also see: • Monthly Dividend Paying Stocks • UPST Historical Stock Prices • Dividend Stocks The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. ### Related Stocks - [CRH.UK](https://longbridge.com/en/quote/CRH.UK.md) - [CRH.US](https://longbridge.com/en/quote/CRH.US.md) ## Related News & Research - [CRH (CRH) After Earnings And A Dividend Hike Is The Undervalued Narrative Still Intact](https://longbridge.com/en/news/295304902.md) - [Arcosa Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Arcosa, Inc. - ACA](https://longbridge.com/en/news/296132830.md) - [CRH plc Stock Outlook: Is Wall Street Bullish or Bearish?](https://longbridge.com/en/news/295655653.md) - [Northside Capital Management LLC Has $10.97 Million Position in Crh Plc $CRH](https://longbridge.com/en/news/295655533.md) - [YieldMax™ Short COIN Option Income Strategy ETF declares $0.31 dividend](https://longbridge.com/en/news/296364405.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**