BP250417C00033000 Option on BP PLC ADR

BP Stock  USD 31.13  0.39  1.24%   
BP250417C00033000 is a PUT option contract on BP PLC's common stock with a strick price of 33.0 expiring on 2025-04-17. The contract was not traded in recent days and, as of today, has 84 days remaining before the expiration. The option is currently trading at a bid price of $0.84, and an ask price of $1.08. The implied volatility as of the 23rd of January is 84.0.
  
When exercised, put options on BP PLC produce a short position in BP PLC Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on BP PLC's downside price movement.

Rule 16 of 2025-04-17 Option Contract

The options market is anticipating that BP PLC ADR will have an average daily up or down price movement of about 0.0176% per day over the life of the option. With BP PLC trading at USD 31.13, that is roughly USD 0.005479. If you think that the market is fully understating BP PLC's daily price movement you should consider buying BP PLC ADR options at that current volatility level of 0.28%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on BP PLC

An 'Out of The Money' option on BP PLC has a strike price that BP PLC 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 BP PLC's 'Out of The Money' options include buying the options if you expect a big move in BP PLC'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.
Call Contract NameBP250417C00033000
Expires On2025-04-17
Days Before Expriration84
Delta0.382669
Vega0.057896
Gamma0.088291
Theoretical Value1.07
Open Interest15974
Current Trading Volume406.0
Strike Price33.0
Last Traded At1.07
Current Price Spread0.84 | 1.08
Rule 16 Daily Up or DownUSD 0.005479

BP PLC short PUT Option Greeks

BP PLC's Option Greeks for the contract ending on 2025-04-17 at a strike price of 33.0 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 BP PLC's option greeks, its implied volatility helps estimate the risk of BP PLC stock implied by the prices of the options on BP PLC's stock.
Delta0.382669
Gamma0.088291
Theta-0.008966
Vega0.057896
Rho0.022699

BP PLC long PUT Option Payoff at expiration

Put options written on BP PLC grant holders of the option the right to sell a specified amount of BP PLC 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 BP PLC Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on BP PLC is like buying insurance aginst BP PLC's downside shift.
   Profit   
       BP PLC Price At Expiration  

BP PLC short PUT Option Payoff at expiration

By selling BP PLC's put option, the investors signal their bearish sentiment. A short position in a put option written on BP PLC will generally make money when the underlying price is above the strike price. Therefore BP PLC's put payoff at expiration depends on where the BP PLC Stock price is relative to the put option strike price. The breakeven price of 34.07 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 BP PLC's price. Finally, at the strike price of 33.0, the payoff chart is constant and positive.
   Profit   
       BP PLC Price At Expiration  
View All BP PLC Options

BP PLC ADR Available Call Options

BP PLC's option chain is a display of a range of information that helps investors for ways to trade options on BP PLC. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for BP PLC. It also shows strike prices and maturity days for a BP PLC 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
Call
BP250417C000200003420.010.7 - 12.2511.5In
Call
BP250417C000210001421.09.85 - 10.710.27In
Call
BP250417C000220001722.08.55 - 9.759.45In
Call
BP250417C000230001123.08.55 - 8.88.65In
Call
BP250417C000240006524.07.6 - 9.25.55In
Call
BP250417C0002500037925.06.55 - 6.757.04In
Call
BP250417C000260008026.04.7 - 5.855.77In
Call
BP250417C00027000101727.04.75 - 6.455.05In
Call
BP250417C00028000292128.03.9 - 4.83.9In
Call
BP250417C00029000383729.03.15 - 3.253.2In
Call
BP250417C00030000839930.01.97 - 2.532.49In
Call
BP250417C000310002331531.01.73 - 1.941.9In
Call
BP250417C00032000950932.01.36 - 1.431.41Out
Call
BP250417C000330001597433.00.84 - 1.081.07Out
Call
BP250417C00034000751434.00.66 - 0.790.76Out
Call
BP250417C00035000180535.00.52 - 0.550.54Out
Call
BP250417C00036000131736.00.37 - 0.410.39Out
Call
BP250417C0003700091837.00.25 - 0.30.26Out
Call
BP250417C00038000210138.00.18 - 0.220.2Out
Call
BP250417C00039000172439.00.13 - 0.160.13Out
Call
BP250417C0004000036440.00.09 - 0.120.14Out
Call
BP250417C000410007441.00.05 - 0.110.08Out
Call
BP250417C000420007942.00.04 - 0.090.09Out
Call
BP250417C0004500014845.00.02 - 0.070.05Out
Call
BP250417C0005000045050.00.0 - 0.050.02Out

BP PLC Corporate Directors

Bernard LooneyGroup Executive Officer, Executive DirectorProfile
Pamela DaleyNon-Executive Independent DirectorProfile
Alison CarnwathNon-Executive Independent DirectorProfile
Karen RichardsonNon-Executive Independent DirectorProfile

Additional Tools for BP PLC Stock Analysis

When running BP PLC's price analysis, check to measure BP PLC'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 BP PLC is operating at the current time. Most of BP PLC's value examination focuses on studying past and present price action to predict the probability of BP PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BP PLC's price. Additionally, you may evaluate how the addition of BP PLC to your portfolios can decrease your overall portfolio volatility.