BNS250321P00035000 Option on Bank of Nova Scotia
BNS Stock | USD 50.88 0.82 1.59% |
BNS250321P00035000 is a PUT option contract on Bank of Nova Scotia's common stock with a strick price of 35.0 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 61 days remaining before the expiration. The option is currently trading at an ask price of $0.75. The implied volatility as of the 19th of January is 61.0.
Bank |
When exercised, put options on Bank of Nova Scotia produce a short position in Bank Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Bank of Nova Scotia's downside price movement.
Rule 16 of 2025-03-21 Option Contract
The options market is anticipating that Bank of Nova will have an average daily up or down price movement of about 0.0396% per day over the life of the option. With Bank of Nova Scotia trading at USD 50.88, that is roughly USD 0.0201. If you think that the market is fully understating Bank of Nova Scotia's daily price movement you should consider buying Bank of Nova options at that current volatility level of 0.63%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on Bank of Nova Scotia
An 'Out of The Money' option on Bank has a strike price that Bank 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 Bank of Nova Scotia's 'Out of The Money' options include buying the options if you expect a big move in Bank of Nova Scotia'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 Name | BNS250321P00035000 |
Expires On | 2025-03-21 |
Days Before Expriration | 61 |
Vega | 0.024656 |
Gamma | 0.008859 |
Theoretical Value | 0.38 |
Open Interest | 22 |
Strike Price | 35.0 |
Last Traded At | 0.25 |
Current Price Spread | 0.0 | 0.75 |
Rule 16 Daily Up or Down | USD 0.0201 |
Bank short PUT Option Greeks
Bank of Nova Scotia's Option Greeks for the contract ending on 2025-03-21 at a strike price of 35.0 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 Bank of Nova Scotia's option greeks, its implied volatility helps estimate the risk of Bank of Nova Scotia stock implied by the prices of the options on Bank of Nova Scotia's stock.
Delta | -0.059151 | |
Gamma | 0.008859 | |
Theta | -0.012636 | |
Vega | 0.024656 | |
Rho | -0.00563 |
Bank long PUT Option Payoff at expiration
Put options written on Bank of Nova Scotia grant holders of the option the right to sell a specified amount of Bank of Nova Scotia 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 Bank Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Bank of Nova Scotia is like buying insurance aginst Bank of Nova Scotia's downside shift.
Profit |
Bank of Nova Scotia Price At Expiration |
Bank short PUT Option Payoff at expiration
By selling Bank of Nova Scotia's put option, the investors signal their bearish sentiment. A short position in a put option written on Bank of Nova Scotia will generally make money when the underlying price is above the strike price. Therefore Bank of Nova Scotia's put payoff at expiration depends on where the Bank Stock price is relative to the put option strike price. The breakeven price of 34.62 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 Bank of Nova Scotia's price. Finally, at the strike price of 35.0, the payoff chart is constant and positive.
Profit |
Bank of Nova Scotia Price At Expiration |
Bank of Nova Scotia Available Put Options
Bank of Nova Scotia's option chain is a display of a range of information that helps investors for ways to trade options on Bank. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Bank. It also shows strike prices and maturity days for a Bank of Nova Scotia 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 Int | Strike Price | Current Spread | Last Price | |||
Put | BNS250321P00022500 | 4 | 22.5 | 0.0 - 0.75 | 0.05 | Out |
Put | BNS250321P00032500 | 31 | 32.5 | 0.0 - 0.05 | 0.15 | Out |
Put | BNS250321P00035000 | 22 | 35.0 | 0.0 - 0.75 | 0.25 | Out |
Put | BNS250321P00037500 | 11 | 37.5 | 0.0 - 0.75 | 0.8 | Out |
Put | BNS250321P00040000 | 296 | 40.0 | 0.0 - 0.75 | 0.16 | Out |
Put | BNS250321P00042500 | 34 | 42.5 | 0.1 - 0.75 | 0.3 | Out |
Put | BNS250321P00045000 | 273 | 45.0 | 0.1 - 0.25 | 0.2 | Out |
Put | BNS250321P00047500 | 626 | 47.5 | 0.3 - 0.45 | 0.4 | Out |
Put | BNS250321P00050000 | 559 | 50.0 | 0.85 - 0.95 | 0.75 | Out |
Put | BNS250321P00052500 | 491 | 52.5 | 2.05 - 2.2 | 1.85 | In |
Put | BNS250321P00055000 | 1204 | 55.0 | 3.7 - 5.3 | 3.4 | In |
Put | BNS250321P00057500 | 80 | 57.5 | 5.3 - 7.8 | 4.63 | In |
Put | BNS250321P00060000 | 1 | 60.0 | 7.8 - 10.3 | 5.1 | In |
Put | BNS250321P00062500 | 0 | 62.5 | 10.3 - 12.2 | 10.3 | In |
Put | BNS250321P00065000 | 0 | 65.0 | 12.8 - 14.5 | 12.8 | In |
Put | BNS250321P00070000 | 0 | 70.0 | 17.1 - 19.5 | 17.1 | In |
Put | BNS250321P00075000 | 0 | 75.0 | 22.0 - 24.8 | 22.0 | In |
Bank of Nova Scotia Corporate Directors
Susan Segal | Independent Director | Profile | |
Nora Aufreiter | Independent Director | Profile | |
Tiff Macklem | Independent Director | Profile | |
Michael Penner | Independent Director | Profile |
Additional Tools for Bank Stock Analysis
When running Bank of Nova Scotia's price analysis, check to measure Bank of Nova Scotia'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 Bank of Nova Scotia is operating at the current time. Most of Bank of Nova Scotia's value examination focuses on studying past and present price action to predict the probability of Bank of Nova Scotia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of Nova Scotia's price. Additionally, you may evaluate how the addition of Bank of Nova Scotia to your portfolios can decrease your overall portfolio volatility.