null Option on First Trust NYSE
| FBT Etf | USD 209.89 0.15 0.07% |
First Trust's latest option contracts expiring on May 15th 2026 are carrying combined implied volatility of 0.36 with a put-to-call open interest ratio of 1.08 over 33 outstanding agreements suggesting investors are buying slightly more puts than calls on contracts expiring on May 15th 2026.
Open Interest Against May 15th 2026 Option Contracts
First Trust option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in First Trust's lending market. For example, when First Trust's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on First Trust, he or she must hedge the risk by shorting First Trust stock over its option's life.
2026-05-15
The chart above shows First Trust's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. First Trust's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for First Trust's option, there is no secondary market available for investors to trade.
In The Money vs. Out of Money Option Contracts on First Trust
Analyzing First Trust's in-the-money options over time can help investors to take a profitable long position in First Trust regardless of its overall volatility. This is especially true when First Trust's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money First Trust's options could be used as guardians of the underlying stock as they move almost dollar for dollar with First Trust's stock while costing only a fraction of its price.
First Trust NYSE In The Money Call Balance
When First Trust's strike price is surpassing the current stock price, the option contract against First Trust NYSE stock is said to be in the money. When it comes to buying First Trust's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on First Trust NYSE are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.
First Current Options Market Mood
First Trust's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps First Etf's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.
Put-to-Call Open Interest
Put-to-Call Volume
Unfortunately, most First Trust's options investors are not very successful. First Trust's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.
Rule 16 of the current First contract
Base on the Rule 16, the options market is currently suggesting that First Trust NYSE will have an average daily up or down price movement of about 0.0225% per day over the life of the 2026-05-15 option contract. With First Trust trading at USD 209.89, that is roughly USD 0.0472. If you think that the market is fully incorporating First Trust's daily price movement you should consider buying First Trust NYSE options at the current volatility level of 0.36%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing First Trust options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" First calls. Remember, the seller must deliver First Trust NYSE stock to the call owner when a call is exercised.
First Trust Option Chain
When First Trust's strike price is surpassing the current stock price, the option contract against First Trust NYSE stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
First Trust's option chain is a display of a range of information that helps investors for ways to trade options on First. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for First. It also shows strike prices and maturity days for a First Trust 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 | |||
Call | FBT260515C00280000 | 0 | 280.0 | 0.0 - 4.8 | 4.8 | |
Call | FBT260515C00275000 | 0 | 275.0 | 0.0 - 4.8 | 4.8 | |
Call | FBT260515C00270000 | 0 | 270.0 | 0.0 - 4.8 | 4.8 | |
Call | FBT260515C00265000 | 0 | 265.0 | 0.0 - 4.8 | 4.8 | |
Call | FBT260515C00260000 | 0 | 260.0 | 0.0 - 4.8 | 4.8 | |
Call | FBT260515C00255000 | 0 | 255.0 | 0.0 - 4.8 | 4.8 | |
Call | FBT260515C00250000 | 3 | 250.0 | 0.0 - 4.8 | 1.45 | Out |
Call | FBT260515C00245000 | 2 | 245.0 | 0.0 - 4.8 | 2.05 | Out |
Call | FBT260515C00240000 | 1 | 240.0 | 0.0 - 4.8 | 1.7 | Out |
Call | FBT260515C00235000 | 2 | 235.0 | 0.0 - 4.8 | 2.25 | Out |
Call | FBT260515C00230000 | 1 | 230.0 | 0.5 - 5.0 | 2.1 | Out |
Call | FBT260515C00225000 | 1 | 225.0 | 2.0 - 6.0 | 2.15 | Out |
Call | FBT260515C00215000 | 1 | 215.0 | 6.0 - 9.5 | 5.79 | Out |
Call | FBT260515C00185000 | 1 | 185.0 | 26.1 - 31.0 | 17.2 | In |
Put | FBT260515P00280000 | 0 | 280.0 | 67.5 - 71.9 | 67.5 | In |
Put | FBT260515P00275000 | 0 | 275.0 | 62.5 - 66.9 | 62.5 | In |
Put | FBT260515P00270000 | 0 | 270.0 | 57.5 - 61.9 | 57.5 | In |
Put | FBT260515P00265000 | 0 | 265.0 | 52.5 - 56.9 | 52.5 | In |
Put | FBT260515P00260000 | 0 | 260.0 | 47.5 - 52.0 | 47.5 | In |
Put | FBT260515P00255000 | 0 | 255.0 | 42.5 - 46.9 | 42.5 | In |
Put | FBT260515P00250000 | 0 | 250.0 | 37.5 - 42.0 | 37.5 | In |
Put | FBT260515P00245000 | 0 | 245.0 | 32.5 - 37.4 | 32.5 | In |
Put | FBT260515P00240000 | 0 | 240.0 | 27.5 - 32.4 | 27.5 | In |
Put | FBT260515P00235000 | 0 | 235.0 | 23.0 - 27.5 | 23.0 | In |
Put | FBT260515P00177000 | 1 | 177.0 | 0.0 - 4.8 | 2.9 | Out |
Put | FBT260515P00175000 | 1 | 175.0 | 0.0 - 4.8 | 2.85 | Out |
Put | FBT260515P00166000 | 1 | 166.0 | 0.0 - 4.8 | 2.0 | Out |
Put | FBT260515P00155000 | 1 | 155.0 | 0.0 - 4.8 | 2.9 | Out |
Put | FBT260515P00150000 | 1 | 150.0 | 0.0 - 4.8 | 2.15 | Out |
Put | FBT260515P00145000 | 3 | 145.0 | 0.0 - 4.8 | 1.9 | Out |
Put | FBT260515P00140000 | 1 | 140.0 | 0.0 - 4.8 | 1.4 | Out |
Put | FBT260515P00135000 | 3 | 135.0 | 0.0 - 4.8 | 1.3 | Out |
Put | FBT260515P00130000 | 1 | 130.0 | 0.0 - 4.8 | 1.35 | Out |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust NYSE. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
First Trust NYSE's market price often diverges from its book value, the accounting figure shown on First's balance sheet. Smart investors calculate First Trust's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Since First Trust's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust'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.