DFS250417P00130000 Option on Discover Financial
| DFS Stock | USD 187.18 2.14 1.16% |
DFS250417P00130000 is a PUT option contract on Discover Financial's common stock with a strick price of 130.0 expiring on 2025-04-17. The contract was not traded in recent days and, as of today, has 85 days remaining before the expiration. The option is currently trading at a bid price of $0.05, and an ask price of $1.0. The implied volatility as of the 22nd of January is 85.0.
Discover |
When exercised, put options on Discover Financial produce a short position in Discover Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Discover Financial's downside price movement.
Rule 16 of 2025-04-17 Option Contract
The options market is anticipating that Discover Financial Services will have an average daily up or down price movement of about 0.0279% per day over the life of the option. With Discover Financial trading at USD 187.18, that is roughly USD 0.0522. If you think that the market is fully understating Discover Financial's daily price movement you should consider buying Discover Financial Services options at that current volatility level of 0.45%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on Discover Financial
An 'Out of The Money' option on Discover has a strike price that Discover 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 Discover Financial's 'Out of The Money' options include buying the options if you expect a big move in Discover 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 | DFS250417P00130000 |
| Expires On | 2025-04-17 |
| Days Before Expriration | 85 |
| Vega | 0.063333 |
| Gamma | 0.001683 |
| Theoretical Value | 0.53 |
| Open Interest | 24 |
| Strike Price | 130.0 |
| Last Traded At | 1.15 |
| Current Price Spread | 0.05 | 1.0 |
| Rule 16 Daily Up or Down | USD 0.0522 |
Discover short PUT Option Greeks
Discover Financial's Option Greeks for the contract ending on 2025-04-17 at a strike price of 130.0 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 Discover Financial's option greeks, its implied volatility helps estimate the risk of Discover Financial stock implied by the prices of the options on Discover Financial's stock.
| Delta | -0.030492 | |
| Gamma | 0.001683 | |
| Theta | -0.015933 | |
| Vega | 0.063333 | |
| Rho | -0.013847 |
Discover long PUT Option Payoff at expiration
Put options written on Discover Financial grant holders of the option the right to sell a specified amount of Discover 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 Discover Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Discover Financial is like buying insurance aginst Discover Financial's downside shift.
Profit |
| Discover Financial Price At Expiration |
Discover short PUT Option Payoff at expiration
By selling Discover Financial's put option, the investors signal their bearish sentiment. A short position in a put option written on Discover Financial will generally make money when the underlying price is above the strike price. Therefore Discover Financial's put payoff at expiration depends on where the Discover Stock price is relative to the put option strike price. The breakeven price of 129.47 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 Discover Financial's price. Finally, at the strike price of 130.0, the payoff chart is constant and positive.
Profit |
| Discover Financial Price At Expiration |
Discover Financial Available Put Options
Discover Financial's option chain is a display of a range of information that helps investors for ways to trade options on Discover. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Discover. It also shows strike prices and maturity days for a Discover 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 | DFS250417P00065000 | 11 | 65.0 | 0.0 - 2.15 | 0.23 | Out |
Put | DFS250417P00090000 | 14 | 90.0 | 0.0 - 2.25 | 1.3 | Out |
Put | DFS250417P00100000 | 2 | 100.0 | 0.0 - 2.3 | 2.8 | Out |
Put | DFS250417P00105000 | 8 | 105.0 | 0.0 - 2.35 | 0.53 | Out |
Put | DFS250417P00110000 | 15 | 110.0 | 0.0 - 0.65 | 0.34 | Out |
Put | DFS250417P00115000 | 10 | 115.0 | 0.0 - 1.1 | 0.67 | Out |
Put | DFS250417P00120000 | 19 | 120.0 | 0.0 - 1.85 | 1.15 | Out |
Put | DFS250417P00125000 | 23 | 125.0 | 0.0 - 0.95 | 0.48 | Out |
Put | DFS250417P00130000 | 24 | 130.0 | 0.05 - 1.0 | 1.15 | Out |
Put | DFS250417P00135000 | 53 | 135.0 | 0.0 - 2.7 | 2.4 | Out |
Put | DFS250417P00140000 | 44 | 140.0 | 0.0 - 1.9 | 1.3 | Out |
Put | DFS250417P00145000 | 51 | 145.0 | 0.0 - 1.8 | 1.82 | Out |
Put | DFS250417P00150000 | 10 | 150.0 | 1.05 - 2.2 | 2.0 | Out |
Put | DFS250417P00155000 | 18 | 155.0 | 1.1 - 2.85 | 2.18 | Out |
Put | DFS250417P00160000 | 11 | 160.0 | 2.4 - 3.7 | 3.75 | Out |
Put | DFS250417P00165000 | 12 | 165.0 | 2.85 - 4.9 | 5.64 | Out |
Put | DFS250417P00170000 | 18 | 170.0 | 4.7 - 5.9 | 11.9 | Out |
Put | DFS250417P00175000 | 25 | 175.0 | 5.1 - 7.9 | 6.85 | Out |
Put | DFS250417P00180000 | 4 | 180.0 | 7.6 - 10.3 | 15.8 | Out |
Put | DFS250417P00185000 | 5 | 185.0 | 8.5 - 11.7 | 12.5 | Out |
Put | DFS250417P00190000 | 11 | 190.0 | 11.1 - 14.5 | 15.1 | Out |
Put | DFS250417P00195000 | 7 | 195.0 | 13.1 - 17.3 | 23.5 | In |
Put | DFS250417P00200000 | 14 | 200.0 | 15.9 - 19.5 | 18.79 | In |
Put | DFS250417P00210000 | 0 | 210.0 | 22.5 - 26.3 | 22.5 | In |
Put | DFS250417P00220000 | 0 | 220.0 | 30.5 - 34.3 | 30.5 | In |
Put | DFS250417P00230000 | 0 | 230.0 | 39.3 - 42.0 | 39.3 | In |
Put | DFS250417P00240000 | 0 | 240.0 | 48.8 - 52.6 | 48.8 | In |
Put | DFS250417P00250000 | 0 | 250.0 | 58.7 - 62.5 | 58.7 | In |
Put | DFS250417P00260000 | 0 | 260.0 | 68.7 - 72.5 | 68.7 | In |
Put | DFS250417P00270000 | 0 | 270.0 | 78.9 - 82.4 | 78.9 | In |
Put | DFS250417P00280000 | 0 | 280.0 | 88.7 - 92.4 | 88.7 | In |
Discover Financial Corporate Directors
| Gregory Case | Independent Director | Profile | |
| Mary Bush | Independent Director | Profile | |
| Jennifer Wong | Independent Director | Profile | |
| Joseph Eazor | Independent Director | Profile |
Additional Tools for Discover Stock Analysis
When running Discover Financial's price analysis, check to measure Discover Financial'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 Discover Financial is operating at the current time. Most of Discover Financial's value examination focuses on studying past and present price action to predict the probability of Discover Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Discover Financial's price. Additionally, you may evaluate how the addition of Discover Financial to your portfolios can decrease your overall portfolio volatility.