AZZ250321P00090000 Option on AZZ Incorporated

AZZ Stock  USD 96.34  0.27  0.28%   
AZZ250321P00090000 is a PUT option contract on AZZ Incorporated's common stock with a strick price of 90.0 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 22 days remaining before the expiration. The option is currently trading at a bid price of $0.1, and an ask price of $1.7. The implied volatility as of the 27th of February is 22.0.
  
A put option written on AZZ Incorporated becomes more valuable as the price of AZZ Incorporated drops. Conversely, AZZ Incorporated's put option loses its value as AZZ Stock rises.

Rule 16 of 2025-03-21 Option Contract

The options market is anticipating that AZZ Incorporated will have an average daily up or down price movement of about 0.0203% per day over the life of the option. With AZZ Incorporated trading at USD 96.34, that is roughly USD 0.0196. If you think that the market is fully understating AZZ Incorporated's daily price movement you should consider buying AZZ Incorporated options at that current volatility level of 0.33%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on AZZ Incorporated

An 'Out of The Money' option on AZZ has a strike price that AZZ Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for AZZ Incorporated's 'Out of The Money' options include buying the options if you expect a big move in AZZ Incorporated's stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Put Contract NameAZZ250321P00090000
Expires On2025-03-21
Days Before Expriration22
Vega0.067906
Gamma0.034397
Theoretical Value0.9
Open Interest20
Strike Price90.0
Last Traded At1.25
Current Price Spread0.1 | 1.7
Rule 16 Daily Up or DownUSD 0.0196

AZZ short PUT Option Greeks

AZZ Incorporated's Option Greeks for the contract ending on 2025-03-21 at a strike price of 90.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to AZZ Incorporated's option greeks, its implied volatility helps estimate the risk of AZZ Incorporated stock implied by the prices of the options on AZZ Incorporated's stock.
Delta-0.19474
Gamma0.034397
Theta-0.044266
Vega0.067906
Rho-0.011652

AZZ long PUT Option Payoff at expiration

Put options written on AZZ Incorporated grant holders of the option the right to sell a specified amount of AZZ Incorporated at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of AZZ Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on AZZ Incorporated is like buying insurance aginst AZZ Incorporated's downside shift.
   Profit   
Break Even 89.1Strike Price 90Current Price 96.34100%
       AZZ Incorporated Price At Expiration  

AZZ short PUT Option Payoff at expiration

By selling AZZ Incorporated's put option, the investors signal their bearish sentiment. A short position in a put option written on AZZ Incorporated will generally make money when the underlying price is above the strike price. Therefore AZZ Incorporated's put payoff at expiration depends on where the AZZ Stock price is relative to the put option strike price. The breakeven price of 89.1 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to AZZ Incorporated's price. Finally, at the strike price of 90.0, the payoff chart is constant and positive.
   Profit   
       AZZ Incorporated Price At Expiration  
View All AZZ Incorporated Options

AZZ Incorporated Available Put Options

AZZ Incorporated's option chain is a display of a range of information that helps investors for ways to trade options on AZZ. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for AZZ. It also shows strike prices and maturity days for a AZZ Incorporated against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
 Put
AZZ250516P000550001055.00.0 - 1.551.4Out
 Put
AZZ250516P000600001160.00.0 - 1.61.75Out
 Put
AZZ250516P00065000365.00.0 - 1.652.6Out
 Put
AZZ250516P000700001270.00.0 - 1.853.51Out
 Put
AZZ250516P00075000575.00.0 - 2.94.0Out
 Put
AZZ250516P00090000190.01.55 - 5.57.3Out
 Put
AZZ250516P000950001095.03.5 - 6.76.2Out
 Put
AZZ250516P001000000100.06.3 - 9.56.3In
 Put
AZZ250516P001050000105.09.3 - 13.39.3In
 Put
AZZ250516P001100000110.013.2 - 17.013.2In
 Put
AZZ250516P001150000115.017.4 - 21.117.4In
 Put
AZZ250516P001200000120.022.1 - 25.722.1In
 Put
AZZ250516P001250000125.026.6 - 30.626.6In
 Put
AZZ250516P001300000130.031.8 - 35.531.8In
 Put
AZZ250516P001350000135.036.8 - 40.336.8In
 Put
AZZ250516P001400000140.041.8 - 45.341.8In

AZZ Incorporated Corporate Directors

Daniel BerceIndependent DirectorProfile
Ed McGoughIndependent DirectorProfile
Paul EismanIndependent DirectorProfile
Steven PurvisIndependent DirectorProfile

Additional Tools for AZZ Stock Analysis

When running AZZ Incorporated's price analysis, check to measure AZZ Incorporated's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AZZ Incorporated is operating at the current time. Most of AZZ Incorporated's value examination focuses on studying past and present price action to predict the probability of AZZ Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AZZ Incorporated's price. Additionally, you may evaluate how the addition of AZZ Incorporated to your portfolios can decrease your overall portfolio volatility.