EQNR250417C00023420 Option on Equinor ASA ADR

EQNR Stock  USD 23.96  0.06  0.25%   
EQNR250417C00023420 is a PUT option contract on Equinor ASA's common stock with a strick price of 23.42 expiring on 2025-04-17. The contract was not traded in recent days and, as of today, has 77 days remaining before the expiration. The option is currently trading at a bid price of $1.4, and an ask price of $1.8. The implied volatility as of the 30th of January is 77.0.
  
When exercised, put options on Equinor ASA produce a short position in Equinor Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Equinor ASA's downside price movement.

Rule 16 of 2025-04-17 Option Contract

The options market is anticipating that Equinor ASA ADR will have an average daily up or down price movement of about 0.0212% per day over the life of the option. With Equinor ASA trading at USD 23.96, that is roughly USD 0.005068. If you think that the market is fully understating Equinor ASA's daily price movement you should consider buying Equinor ASA ADR options at that current volatility level of 0.34%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call Option on Equinor ASA

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 Equinor ASA 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 Equinor Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract NameEQNR250417C00023420
Expires On2025-04-17
Days Before Expriration77
Delta0.558654
Vega0.042648
Gamma0.106158
Theoretical Value1.6
Open Interest202
Strike Price23.42
Last Traded At1.45
Current Price Spread1.4 | 1.8
Rule 16 Daily Up or DownUSD 0.005068

Equinor short PUT Option Greeks

Equinor ASA's Option Greeks for the contract ending on 2025-04-17 at a strike price of 23.42 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 Equinor ASA's option greeks, its implied volatility helps estimate the risk of Equinor ASA stock implied by the prices of the options on Equinor ASA's stock.
Delta0.558654
Gamma0.106158
Theta-0.007757
Vega0.042648
Rho0.019439

Equinor long PUT Option Payoff at expiration

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

Equinor short PUT Option Payoff at expiration

By selling Equinor ASA's put option, the investors signal their bearish sentiment. A short position in a put option written on Equinor ASA will generally make money when the underlying price is above the strike price. Therefore Equinor ASA's put payoff at expiration depends on where the Equinor Stock price is relative to the put option strike price. The breakeven price of 25.02 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 Equinor ASA's price. Finally, at the strike price of 23.42, the payoff chart is constant and positive.
   Profit   
       Equinor ASA Price At Expiration  
View All Equinor ASA Options

Equinor ASA ADR Available Call Options

Equinor ASA's option chain is a display of a range of information that helps investors for ways to trade options on Equinor. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Equinor. It also shows strike prices and maturity days for a Equinor ASA 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
EQNR250417C000194204019.424.4 - 4.85.7In
Call
EQNR250417C0002042019320.423.6 - 3.83.2In
Call
EQNR250417C000197104119.714.6 - 4.84.5In
Call
EQNR250417C000214205221.422.75 - 4.94.5In
Call
EQNR250417C0002071018220.713.8 - 4.04.1In
Call
EQNR250417C000224208222.422.05 - 2.152.1In
Call
EQNR250417C000217105021.713.0 - 3.22.2In
Call
EQNR250417C0002342020223.421.4 - 1.81.45In
Call
EQNR250417C000227106222.712.4 - 2.52.43In
Call
EQNR250417C0002442011624.420.95 - 1.050.86Out
Call
EQNR250417C0002371015923.711.8 - 1.951.85In
Call
EQNR250417C0002542067025.420.6 - 1.40.5Out
Call
EQNR250417C0002471013024.711.3 - 1.451.4Out
Call
EQNR250417C0002642099926.420.35 - 0.450.32Out
Call
EQNR250417C0002571052825.710.95 - 1.051.0Out
Call
EQNR250417C00025000125.00.0 - 0.00.0Out
Call
EQNR250417C00027420564327.420.15 - 0.350.22Out
Call
EQNR250417C0002671059226.710.65 - 0.750.69Out
Call
EQNR250417C00028420124828.420.05 - 0.30.17Out
Call
EQNR250417C00027710520927.710.45 - 0.50.5Out
Call
EQNR250417C00029420103529.420.05 - 0.150.15Out
Call
EQNR250417C00028710101128.710.3 - 0.40.3Out
Call
EQNR250417C000304204230.420.0 - 1.00.1Out
Call
EQNR250417C00029710101529.710.2 - 0.250.2Out
Call
EQNR250417C00029000429.00.0 - 0.00.0Out
Call
EQNR250417C000314205031.420.0 - 2.150.15Out
Call
EQNR250417C00030710330.710.1 - 0.20.1Out
Call
EQNR250417C000324201132.420.0 - 1.00.05Out
Call
EQNR250417C000317105131.710.05 - 0.250.05Out
Call
EQNR250417C00033420033.420.0 - 1.751.75Out
Call
EQNR250417C000327101032.710.0 - 0.750.1Out
Call
EQNR250417C00034420034.420.0 - 2.152.15Out
Call
EQNR250417C00035420035.420.0 - 1.01.0Out
Call
EQNR250417C00039710039.710.0 - 1.01.0Out

Equinor ASA Corporate Directors

Per LabratenDirector, Employee RepresentativeProfile
Hilde MollerstadDirector, Employee RepresentativeProfile
Stig LaegreidDirector, Employee RepresentativeProfile
Bjorn GodalIndependent DirectorProfile

Additional Tools for Equinor Stock Analysis

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