GIL250321P00052500 Option on Gildan Activewear

GIL Stock  USD 49.75  0.26  0.53%   
GIL250321P00052500 is a PUT option contract on Gildan Activewear's common stock with a strick price of 52.5 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 58 days remaining before the expiration. The option is currently trading at a bid price of $2.55, and an ask price of $3.1. The implied volatility as of the 22nd of January is 58.0.
  
When exercised, put options on Gildan Activewear produce a short position in Gildan Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Gildan Activewear's downside price movement.

Rule 16 of 2025-03-21 Option Contract

The options market is anticipating that Gildan Activewear will have an average daily up or down price movement of about 0.0161% per day over the life of the option. With Gildan Activewear trading at USD 49.75, that is roughly USD 0.007988. If you think that the market is fully understating Gildan Activewear's daily price movement you should consider buying Gildan Activewear options at that current volatility level of 0.26%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Put Option on Gildan Activewear

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 Gildan Activewear 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 Gildan Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Put Contract NameGIL250321P00052500
Expires On2025-03-21
Days Before Expriration58
Vega0.079801
Gamma0.075216
Theoretical Value2.83
Open Interest20
Strike Price52.5
Last Traded At5.2
Current Price Spread2.55 | 3.1
Rule 16 Daily Up or DownUSD 0.007988

Gildan short PUT Option Greeks

Gildan Activewear's Option Greeks for the contract ending on 2025-03-21 at a strike price of 52.5 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 Gildan Activewear's option greeks, its implied volatility helps estimate the risk of Gildan Activewear stock implied by the prices of the options on Gildan Activewear's stock.
Delta-0.578071
Gamma0.075216
Theta-0.015343
Vega0.079801
Rho-0.040452

Gildan long PUT Option Payoff at expiration

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

Gildan short PUT Option Payoff at expiration

By selling Gildan Activewear's put option, the investors signal their bearish sentiment. A short position in a put option written on Gildan Activewear will generally make money when the underlying price is above the strike price. Therefore Gildan Activewear's put payoff at expiration depends on where the Gildan Stock price is relative to the put option strike price. The breakeven price of 49.67 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 Gildan Activewear's price. Finally, at the strike price of 52.5, the payoff chart is constant and positive.
   Profit   
       Gildan Activewear Price At Expiration  
View All Gildan Activewear Options

Gildan Activewear Available Put Options

Gildan Activewear's option chain is a display of a range of information that helps investors for ways to trade options on Gildan. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Gildan. It also shows strike prices and maturity days for a Gildan Activewear 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
GIL250321P000350001035.00.0 - 2.150.35Out
 Put
GIL250321P00037500437.50.0 - 1.750.55Out
 Put
GIL250321P00040000840.00.0 - 2.150.5Out
 Put
GIL250321P0004250011242.50.1 - 2.251.0Out
 Put
GIL250321P000450002245.00.0 - 0.851.15Out
 Put
GIL250321P000475002747.50.5 - 1.651.35Out
 Put
GIL250321P000500004450.01.05 - 1.92.45Out
 Put
GIL250321P000525002052.52.55 - 3.15.2In
 Put
GIL250321P00055000055.04.3 - 4.64.3In
 Put
GIL250321P00057500057.54.7 - 8.54.7In
 Put
GIL250321P00060000060.07.8 - 10.37.8In
 Put
GIL250321P00065000065.012.7 - 15.212.7In

Gildan Activewear Corporate Directors

Marcello CairaIndependent DirectorProfile
Charles HeringtonIndependent DirectorProfile
Anne MartinVachonIndependent DirectorProfile
Craig LeavittIndependent DirectorProfile
When determining whether Gildan Activewear is a strong investment it is important to analyze Gildan Activewear's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Gildan Activewear's future performance. For an informed investment choice regarding Gildan Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gildan Activewear. 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.
For more information on how to buy Gildan Stock please use our How to buy in Gildan Stock guide.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Apparel, Accessories & Luxury Goods 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 Gildan Activewear. If investors know Gildan 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 Gildan Activewear 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
0.124
Dividend Share
0.801
Earnings Share
2.51
Revenue Per Share
19.316
Quarterly Revenue Growth
0.024
The market value of Gildan Activewear is measured differently than its book value, which is the value of Gildan that is recorded on the company's balance sheet. Investors also form their own opinion of Gildan Activewear's value that differs from its market value or its book value, called intrinsic value, which is Gildan Activewear'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 Gildan Activewear's market value can be influenced by many factors that don't directly affect Gildan Activewear'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 Gildan Activewear's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gildan Activewear is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gildan Activewear'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.