GDXJ250214C00046500 Option on VanEck Junior Gold

GDXJ Etf  USD 49.20  0.83  1.72%   
GDXJ250214C00046500 is a PUT option contract on VanEck Junior's common stock with a strick price of 46.5 expiring on 2025-02-14. The contract was not traded in recent days and, as of today, has 13 days remaining before the expiration. The option is currently trading at a bid price of $1.9, and an ask price of $2.73. The implied volatility as of the 1st of February is 13.0.
  
When exercised, put options on VanEck Junior produce a short position in VanEck Etf. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on VanEck Junior's downside price movement.

Rule 16 of 2025-02-14 Option Contract

The options market is anticipating that VanEck Junior Gold will have an average daily up or down price movement of about 0.0274% per day over the life of the option. With VanEck Junior trading at USD 49.2, that is roughly USD 0.0135. If you think that the market is fully understating VanEck Junior's daily price movement you should consider buying VanEck Junior Gold options at that current volatility level of 0.44%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call Option on VanEck Junior

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 VanEck Junior 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 VanEck Etf have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract NameGDXJ250214C00046500
Expires On2025-02-14
Days Before Expriration13
Delta0.704537
Vega0.031518
Gamma0.086455
Theoretical Value2.72
Open Interest26
Current Trading Volume2.0
Strike Price46.5
Last Traded At2.72
Current Price Spread1.9 | 2.73
Rule 16 Daily Up or DownUSD 0.0135

VanEck short PUT Option Greeks

VanEck Junior's Option Greeks for the contract ending on 2025-02-14 at a strike price of 46.5 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 VanEck Junior's option greeks, its implied volatility helps estimate the risk of VanEck Junior stock implied by the prices of the options on VanEck Junior's stock.
Delta0.704537
Gamma0.086455
Theta-0.056764
Vega0.031518
Rho0.011169

VanEck long PUT Option Payoff at expiration

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

VanEck short PUT Option Payoff at expiration

By selling VanEck Junior's put option, the investors signal their bearish sentiment. A short position in a put option written on VanEck Junior will generally make money when the underlying price is above the strike price. Therefore VanEck Junior's put payoff at expiration depends on where the VanEck Etf price is relative to the put option strike price. The breakeven price of 49.22 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 VanEck Junior's price. Finally, at the strike price of 46.5, the payoff chart is constant and positive.
   Profit   
       VanEck Junior Price At Expiration  
View All VanEck Junior Options

VanEck Junior Gold Available Call Options

VanEck Junior's option chain is a display of a range of information that helps investors for ways to trade options on VanEck. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for VanEck. It also shows strike prices and maturity days for a VanEck Junior 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
GDXJ250321C0004000010640.08.3 - 9.158.9In
Call
GDXJ250321C00042000142.05.9 - 8.657.36In
Call
GDXJ250321C0004300031643.05.3 - 6.65.65In
Call
GDXJ250321C00044000944.04.1 - 7.05.8In
Call
GDXJ250321C0004500026045.04.35 - 4.954.99In
Call
GDXJ250321C0004600017746.02.44 - 4.853.9In
Call
GDXJ250321C0004700016347.02.66 - 4.43.31In
Call
GDXJ250321C000480005148.02.05 - 3.652.85In
Call
GDXJ250321C0004900016449.01.9 - 2.72.59Out
Call
GDXJ250321C0005000024950.01.6 - 2.131.79Out
Call
GDXJ250321C00051000145951.01.31 - 1.691.5Out
Call
GDXJ250321C0005200011952.01.1 - 1.51.15Out
Call
GDXJ250321C0005300042653.00.85 - 1.040.98Out
Call
GDXJ250321C000540003754.00.48 - 0.990.84Out
Call
GDXJ250321C0005500015555.00.42 - 0.840.62Out
Call
GDXJ250321C0005600018656.00.47 - 0.560.61Out
Call
GDXJ250321C00060000160.00.11 - 0.940.26Out
Call
GDXJ250321C000650001965.00.01 - 1.010.09Out
Call
GDXJ250321C00070000070.00.0 - 0.910.91Out
When determining whether VanEck Junior Gold is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if VanEck Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Vaneck Junior Gold Etf. Highlighted below are key reports to facilitate an investment decision about Vaneck Junior Gold Etf:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in VanEck Junior Gold. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
The market value of VanEck Junior Gold is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck Junior's value that differs from its market value or its book value, called intrinsic value, which is VanEck Junior'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 VanEck Junior's market value can be influenced by many factors that don't directly affect VanEck Junior'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 VanEck Junior's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Junior is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Junior'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.