CVBF250321P00017500 Option on CVB Financial
CVBF Stock | USD 20.53 0.16 0.79% |
CVBF250321P00017500 is a PUT option contract on CVB Financial's common stock with a strick price of 17.5 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 60 days remaining before the expiration. The option is currently trading at an ask price of $1.65. The implied volatility as of the 20th of January is 60.0.
CVB |
When exercised, put options on CVB Financial produce a short position in CVB Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on CVB Financial's downside price movement.
Rule 16 of 2025-03-21 Option Contract
The options market is anticipating that CVB Financial will have an average daily up or down price movement of about 0.0401% per day over the life of the option. With CVB Financial trading at USD 20.53, that is roughly USD 0.008226. If you think that the market is fully understating CVB Financial's daily price movement you should consider buying CVB Financial options at that current volatility level of 0.64%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on CVB Financial
An 'Out of The Money' option on CVB has a strike price that CVB 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 CVB Financial's 'Out of The Money' options include buying the options if you expect a big move in CVB Financial'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 | CVBF250321P00017500 |
Expires On | 2025-03-21 |
Days Before Expriration | 60 |
Vega | 0.025532 |
Gamma | 0.055683 |
Theoretical Value | 0.83 |
Open Interest | 4 |
Strike Price | 17.5 |
Last Traded At | 2.05 |
Current Price Spread | 0.0 | 1.65 |
Rule 16 Daily Up or Down | USD 0.008226 |
CVB short PUT Option Greeks
CVB Financial's Option Greeks for the contract ending on 2025-03-21 at a strike price of 17.5 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 CVB Financial's option greeks, its implied volatility helps estimate the risk of CVB Financial stock implied by the prices of the options on CVB Financial's stock.
Delta | -0.228452 | |
Gamma | 0.055683 | |
Theta | -0.013045 | |
Vega | 0.025532 | |
Rho | -0.008439 |
CVB long PUT Option Payoff at expiration
Put options written on CVB Financial grant holders of the option the right to sell a specified amount of CVB Financial 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 CVB Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on CVB Financial is like buying insurance aginst CVB Financial's downside shift.
Profit |
CVB Financial Price At Expiration |
CVB short PUT Option Payoff at expiration
By selling CVB Financial's put option, the investors signal their bearish sentiment. A short position in a put option written on CVB Financial will generally make money when the underlying price is above the strike price. Therefore CVB Financial's put payoff at expiration depends on where the CVB Stock price is relative to the put option strike price. The breakeven price of 16.67 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 CVB Financial's price. Finally, at the strike price of 17.5, the payoff chart is constant and positive.
Profit |
CVB Financial Price At Expiration |
CVB Financial Available Put Options
CVB Financial's option chain is a display of a range of information that helps investors for ways to trade options on CVB. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for CVB. It also shows strike prices and maturity days for a CVB Financial 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 | CVBF250321P00007500 | 0 | 7.5 | 0.0 - 3.7 | 3.7 | |
Put | CVBF250321P00010000 | 6 | 10.0 | 0.0 - 0.75 | 1.5 | Out |
Put | CVBF250321P00012500 | 0 | 12.5 | 0.0 - 3.7 | 3.7 | |
Put | CVBF250321P00015000 | 0 | 15.0 | 0.0 - 2.0 | 2.0 | |
Put | CVBF250321P00017500 | 4 | 17.5 | 0.0 - 1.65 | 2.05 | Out |
Put | CVBF250321P00020000 | 14 | 20.0 | 0.6 - 1.1 | 1.8 | Out |
Put | CVBF250321P00022500 | 3 | 22.5 | 0.0 - 4.5 | 1.75 | In |
Put | CVBF250321P00025000 | 0 | 25.0 | 3.7 - 6.7 | 3.7 | In |
Put | CVBF250321P00030000 | 0 | 30.0 | 8.3 - 11.8 | 8.3 | In |
Put | CVBF250321P00035000 | 0 | 35.0 | 13.5 - 16.8 | 13.5 | In |
CVB Financial Corporate Management
Francene CPA | Senior Officer | Profile | |
Michael Currie | Senior Officer | Profile | |
Robert Banis | Executive Bank | Profile | |
Richard JD | Executive Counsel | Profile | |
Larry Zivelonghi | Executive Bank | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CVB Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more detail on how to invest in CVB Stock please use our How to Invest in CVB Financial guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CVB Financial. If investors know CVB will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CVB Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.12) | Dividend Share 0.8 | Earnings Share 1.42 | Revenue Per Share | Quarterly Revenue Growth (0.07) |
The market value of CVB Financial is measured differently than its book value, which is the value of CVB that is recorded on the company's balance sheet. Investors also form their own opinion of CVB Financial's value that differs from its market value or its book value, called intrinsic value, which is CVB Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CVB Financial's market value can be influenced by many factors that don't directly affect CVB Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CVB Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if CVB Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CVB Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.