CHTR250321P00390000 Option on Charter Communications
CHTR Stock | USD 359.45 5.97 1.69% |
CHTR250321P00390000 is a PUT option contract on Charter Communications' common stock with a strick price of 390.0 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 $35.5, and an ask price of $37.6. The implied volatility as of the 27th of February is 22.0.
Charter |
When exercised, put options on Charter Communications produce a short position in Charter Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Charter Communications' downside price movement.
Rule 16 of 2025-03-21 Option Contract
The options market is anticipating that Charter Communications will have an average daily up or down price movement of about 0.0145% per day over the life of the option. With Charter Communications trading at USD 359.45, that is roughly USD 0.052. If you think that the market is fully understating Charter Communications' daily price movement you should consider buying Charter Communications options at that current volatility level of 0.23%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Put Option on Charter Communications
An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Charter Communications positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Charter Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Put Contract Name | CHTR250321P00390000 |
Expires On | 2025-03-21 |
Days Before Expriration | 22 |
Vega | 0.036986 |
Gamma | 0.002389 |
Theoretical Value | 36.55 |
Open Interest | 83 |
Current Trading Volume | 1.0 |
Strike Price | 390.0 |
Last Traded At | 34.6 |
Current Price Spread | 35.5 | 37.6 |
Rule 16 Daily Up or Down | USD 0.052 |
Charter short PUT Option Greeks
Charter Communications' Option Greeks for the contract ending on 2025-03-21 at a strike price of 390.0 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 Charter Communications' option greeks, its implied volatility helps estimate the risk of Charter Communications stock implied by the prices of the options on Charter Communications' stock.
Delta | -0.980278 | |
Gamma | 0.002389 | |
Theta | -0.012183 | |
Vega | 0.036986 | |
Rho | -0.034094 |
Charter long PUT Option Payoff at expiration
Put options written on Charter Communications grant holders of the option the right to sell a specified amount of Charter Communications 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 Charter Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Charter Communications is like buying insurance aginst Charter Communications' downside shift.
Profit |
Charter Communications Price At Expiration |
Charter short PUT Option Payoff at expiration
By selling Charter Communications' put option, the investors signal their bearish sentiment. A short position in a put option written on Charter Communications will generally make money when the underlying price is above the strike price. Therefore Charter Communications' put payoff at expiration depends on where the Charter Stock price is relative to the put option strike price. The breakeven price of 353.45 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 Charter Communications' price. Finally, at the strike price of 390.0, the payoff chart is constant and positive.
Profit |
Charter Communications Price At Expiration |
Charter Communications Available Put Options
Charter Communications' option chain is a display of a range of information that helps investors for ways to trade options on Charter. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Charter. It also shows strike prices and maturity days for a Charter Communications 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 | CHTR250417P00270000 | 1 | 270.0 | 0.35 - 4.8 | 2.41 | Out |
Put | CHTR250417P00290000 | 1 | 290.0 | 1.2 - 2.35 | 3.01 | Out |
Put | CHTR250417P00300000 | 1 | 300.0 | 1.4 - 6.7 | 1.74 | Out |
Put | CHTR250417P00310000 | 5 | 310.0 | 3.4 - 5.3 | 2.6 | Out |
Put | CHTR250417P00330000 | 16 | 330.0 | 5.4 - 7.9 | 6.8 | Out |
Put | CHTR250417P00340000 | 3 | 340.0 | 7.6 - 11.0 | 10.0 | Out |
Put | CHTR250417P00350000 | 3 | 350.0 | 11.5 - 15.2 | 13.2 | Out |
Put | CHTR250417P00360000 | 3 | 360.0 | 18.6 - 19.9 | 20.2 | In |
Put | CHTR250417P00370000 | 6 | 370.0 | 24.5 - 26.7 | 20.2 | In |
Put | CHTR250417P00400000 | 1 | 400.0 | 46.7 - 49.2 | 39.13 | In |
Put | CHTR250417P00410000 | 0 | 410.0 | 53.6 - 60.0 | 53.6 | In |
Put | CHTR250417P00420000 | 0 | 420.0 | 63.0 - 69.7 | 63.0 | In |
Put | CHTR250417P00430000 | 0 | 430.0 | 72.7 - 80.2 | 72.7 | In |
Put | CHTR250417P00440000 | 0 | 440.0 | 82.5 - 90.2 | 82.5 | In |
Put | CHTR250417P00450000 | 0 | 450.0 | 92.5 - 100.2 | 92.5 | In |
Put | CHTR250417P00460000 | 0 | 460.0 | 102.5 - 110.2 | 102.5 | In |
Put | CHTR250417P00470000 | 0 | 470.0 | 112.5 - 120.2 | 112.5 | In |
Put | CHTR250417P00480000 | 0 | 480.0 | 122.5 - 130.2 | 122.5 | In |
Put | CHTR250417P00490000 | 0 | 490.0 | 132.5 - 140.2 | 132.5 | In |
Put | CHTR250417P00500000 | 0 | 500.0 | 142.5 - 150.2 | 142.5 | In |
Charter Communications Corporate Management
Jamal JD | General VP | Profile | |
Cameron Blanchard | Executive Communications | Profile | |
Sharon Peters | Executive Officer | Profile | |
Jessica Fischer | Chief Officer | Profile | |
Justin Colwell | Executive Technology | Profile | |
Jay Carlson | VP Officer | Profile | |
Jeff Murphy | Senior Development | Profile |
Additional Tools for Charter Stock Analysis
When running Charter Communications' price analysis, check to measure Charter Communications' 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 Charter Communications is operating at the current time. Most of Charter Communications' value examination focuses on studying past and present price action to predict the probability of Charter Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Charter Communications' price. Additionally, you may evaluate how the addition of Charter Communications to your portfolios can decrease your overall portfolio volatility.