GIC250321P00022500 Option on Global Industrial

GIC Stock  USD 24.71  0.72  2.83%   
GIC250321P00022500 is a PUT option contract on Global Industrial's common stock with a strick price of 22.5 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 46 days remaining before the expiration. The option is currently trading at an ask price of $3.4. The implied volatility as of the 3rd of February is 46.0.
  
A put option written on Global Industrial becomes more valuable as the price of Global Industrial drops. Conversely, Global Industrial's put option loses its value as Global Stock rises.

Rule 16 of 2025-03-21 Option Contract

The options market is anticipating that Global Industrial Co will have an average daily up or down price movement of about 0.0491% per day over the life of the option. With Global Industrial trading at USD 24.71, that is roughly USD 0.0121. If you think that the market is fully understating Global Industrial's daily price movement you should consider buying Global Industrial Co options at that current volatility level of 0.79%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Global Industrial

An 'Out of The Money' option on Global has a strike price that Global 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 Global Industrial's 'Out of The Money' options include buying the options if you expect a big move in Global Industrial'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 NameGIC250321P00022500
Expires On2025-03-21
Days Before Expriration46
Vega0.031825
Gamma0.050461
Theoretical Value1.7
Open Interest10
Strike Price22.5
Last Traded At1.04
Current Price Spread0.0 | 3.4
Rule 16 Daily Up or DownUSD 0.0121

Global short PUT Option Greeks

Global Industrial's Option Greeks for the contract ending on 2025-03-21 at a strike price of 22.5 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 Global Industrial's option greeks, its implied volatility helps estimate the risk of Global Industrial stock implied by the prices of the options on Global Industrial's stock.
Delta-0.316756
Gamma0.050461
Theta-0.025798
Vega0.031825
Rho-0.011135

Global long PUT Option Payoff at expiration

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

Global short PUT Option Payoff at expiration

By selling Global Industrial's put option, the investors signal their bearish sentiment. A short position in a put option written on Global Industrial will generally make money when the underlying price is above the strike price. Therefore Global Industrial's put payoff at expiration depends on where the Global Stock price is relative to the put option strike price. The breakeven price of 20.8 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 Global Industrial's price. Finally, at the strike price of 22.5, the payoff chart is constant and positive.
   Profit   
       Global Industrial Price At Expiration  
View All Global Industrial Options

Global Industrial Available Put Options

Global Industrial's option chain is a display of a range of information that helps investors for ways to trade options on Global. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Global. It also shows strike prices and maturity days for a Global Industrial 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
GIC250321P00015000015.00.0 - 2.82.8Out
 Put
GIC250321P00017500117.50.0 - 2.852.31Out
 Put
GIC250321P00020000820.00.0 - 2.950.98Out
 Put
GIC250321P000225001022.50.0 - 3.41.04Out
 Put
GIC250321P000250001225.00.75 - 4.31.34In
 Put
GIC250321P00030000030.04.4 - 7.04.4In
 Put
GIC250321P00035000035.09.0 - 12.09.0In
 Put
GIC250321P00040000040.013.8 - 16.813.8In
 Put
GIC250321P00045000045.018.0 - 22.018.0In
 Put
GIC250321P00050000050.023.9 - 27.023.9In

Global Industrial Corporate Management

Adina EsqGeneral VPProfile
Eric LernerSenior Vice President General CounselProfile
Robert LeedsVice Chairman of the BoardProfile
Thomas AxmacherVice President ControllerProfile
Lisa ArmstrongSenior OfficerProfile
Chad LindbloomIndependent DirectorProfile
Richard LeedsExecutive Chairman of the BoardProfile
When determining whether Global Industrial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Global Industrial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Global Industrial Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Global Industrial Co Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Global Industrial Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
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Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Global Industrial. If investors know Global will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Global Industrial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.19)
Dividend Share
0.95
Earnings Share
1.7
Revenue Per Share
34.936
Quarterly Revenue Growth
(0.03)
The market value of Global Industrial is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global Industrial's value that differs from its market value or its book value, called intrinsic value, which is Global Industrial'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 Global Industrial's market value can be influenced by many factors that don't directly affect Global Industrial'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 Global Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Industrial'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.