ENS250321P00070000 Option on Enersys

ENS Stock  USD 97.07  1.11  1.13%   
ENS250321P00070000 is a PUT option contract on Enersys' common stock with a strick price of 70.0 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 48 days remaining before the expiration. The option is currently trading at an ask price of $2.2. The implied volatility as of the 1st of February is 48.0.
  
When exercised, put options on Enersys produce a short position in Enersys Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Enersys' downside price movement.

Rule 16 of 2025-03-21 Option Contract

The options market is anticipating that Enersys will have an average daily up or down price movement of about 0.0459% per day over the life of the option. With Enersys trading at USD 97.07, that is roughly USD 0.0445. If you think that the market is fully understating Enersys' daily price movement you should consider buying Enersys options at that current volatility level of 0.73%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Enersys

An 'Out of The Money' option on Enersys has a strike price that Enersys 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 Enersys' 'Out of The Money' options include buying the options if you expect a big move in Enersys' 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 NameENS250321P00070000
Expires On2025-03-21
Days Before Expriration48
Vega0.05453
Gamma0.005632
Theoretical Value1.1
Open Interest1
Strike Price70.0
Last Traded At1.0
Current Price Spread0.0 | 2.2
Rule 16 Daily Up or DownUSD 0.0445

Enersys short PUT Option Greeks

Enersys' Option Greeks for the contract ending on 2025-03-21 at a strike price of 70.0 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 Enersys' option greeks, its implied volatility helps estimate the risk of Enersys stock implied by the prices of the options on Enersys' stock.
Delta-0.081021
Gamma0.005632
Theta-0.039187
Vega0.05453
Rho-0.011433

Enersys long PUT Option Payoff at expiration

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

Enersys short PUT Option Payoff at expiration

By selling Enersys' put option, the investors signal their bearish sentiment. A short position in a put option written on Enersys will generally make money when the underlying price is above the strike price. Therefore Enersys' put payoff at expiration depends on where the Enersys Stock price is relative to the put option strike price. The breakeven price of 68.9 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 Enersys' price. Finally, at the strike price of 70.0, the payoff chart is constant and positive.
   Profit   
       Enersys Price At Expiration  
View All Enersys Options

Enersys Available Put Options

Enersys' option chain is a display of a range of information that helps investors for ways to trade options on Enersys. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Enersys. It also shows strike prices and maturity days for a Enersys 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
 Put
ENS250321P00070000170.00.0 - 2.21.0Out
 Put
ENS250321P000750001075.00.0 - 1.750.7Out
 Put
ENS250321P000800002280.00.05 - 2.41.5Out
 Put
ENS250321P000850003185.00.2 - 2.90.9Out
 Put
ENS250321P00090000390.00.6 - 3.24.0Out
 Put
ENS250321P00095000995.01.35 - 4.82.55Out
 Put
ENS250321P001000007100.03.9 - 7.16.85In
 Put
ENS250321P001050008105.06.7 - 9.911.34In
 Put
ENS250321P001100001110.010.7 - 14.08.52In
 Put
ENS250321P001150000115.015.4 - 18.415.4In
 Put
ENS250321P001200000120.021.2 - 24.121.2In
 Put
ENS250321P001250000125.024.6 - 29.324.6In
 Put
ENS250321P001300000130.029.5 - 34.429.5In
 Put
ENS250321P001350000135.034.6 - 39.434.6In
 Put
ENS250321P001400000140.039.5 - 44.439.5In
 Put
ENS250321P001450000145.044.5 - 49.444.5In
 Put
ENS250321P001500000150.049.8 - 54.549.8In
 Put
ENS250321P001550000155.054.5 - 59.454.5In
 Put
ENS250321P001600000160.059.5 - 64.359.5In

Enersys Corporate Directors

Dennis MarloIndependent DirectorProfile
Paul TufanoIndependent DirectorProfile
HwanYoon ChungIndependent DirectorProfile
Robert MagnusIndependent DirectorProfile

Additional Tools for Enersys Stock Analysis

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