GSL250321C00020000 Option on Global Ship Lease

GSL Stock  USD 21.39  0.19  0.88%   
GSL250321C00020000 is a PUT option contract on Global Ship's common stock with a strick price of 20.0 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 61 days remaining before the expiration. The option is currently trading at a bid price of $1.7, and an ask price of $1.95. The implied volatility as of the 19th of January is 61.0.
  
When exercised, put options on Global Ship produce a short position in Global Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Global Ship's downside price movement.

Rule 16 of 2025-03-21 Option Contract

The options market is anticipating that Global Ship Lease will have an average daily up or down price movement of about 0.0197% per day over the life of the option. With Global Ship trading at USD 21.39, that is roughly USD 0.004215. If you think that the market is fully understating Global Ship's daily price movement you should consider buying Global Ship Lease options at that current volatility level of 0.32%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call Option on Global Ship

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 Global Ship 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 Global 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 NameGSL250321C00020000
Expires On2025-03-21
Days Before Expriration61
Delta0.707781
Vega0.02954
Gamma0.124576
Theoretical Value1.83
Open Interest11
Current Trading Volume1.0
Strike Price20.0
Last Traded At1.65
Current Price Spread1.7 | 1.95
Rule 16 Daily Up or DownUSD 0.004215

Global short PUT Option Greeks

Global Ship's Option Greeks for the contract ending on 2025-03-21 at a strike price of 20.0 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 Ship's option greeks, its implied volatility helps estimate the risk of Global Ship stock implied by the prices of the options on Global Ship's stock.
Delta0.707781
Gamma0.124576
Theta-0.006303
Vega0.02954
Rho0.016269

Global long PUT Option Payoff at expiration

Put options written on Global Ship grant holders of the option the right to sell a specified amount of Global Ship 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 Ship is like buying insurance aginst Global Ship's downside shift.
   Profit   
       Global Ship Price At Expiration  

Global short PUT Option Payoff at expiration

By selling Global Ship's put option, the investors signal their bearish sentiment. A short position in a put option written on Global Ship will generally make money when the underlying price is above the strike price. Therefore Global Ship's put payoff at expiration depends on where the Global Stock price is relative to the put option strike price. The breakeven price of 21.83 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 Ship's price. Finally, at the strike price of 20.0, the payoff chart is constant and positive.
   Profit   
       Global Ship Price At Expiration  
View All Global Ship Options

Global Ship Lease Available Call Options

Global Ship'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 Ship 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
GSL250321C000200001120.01.7 - 1.951.65In
Call
GSL250321C0002100054321.01.15 - 1.31.25In
Call
GSL250321C0002250031222.50.35 - 0.60.45Out
Call
GSL250321C0002400029624.00.05 - 0.50.23Out
Call
GSL250321C0002500019925.00.05 - 0.150.1Out
Call
GSL250321C000260006026.00.0 - 0.70.25Out
Call
GSL250321C0002700011427.00.0 - 0.150.1Out
Call
GSL250321C000280008028.00.0 - 0.70.12Out
Call
GSL250321C000290006529.00.0 - 4.10.5Out
Call
GSL250321C0003000018230.00.0 - 0.50.05Out
Call
GSL250321C00031000031.00.0 - 4.14.1Out
Call
GSL250321C00032000032.00.0 - 4.14.1Out
Call
GSL250321C00033000033.00.0 - 4.14.1Out
Call
GSL250321C00034000034.00.0 - 3.53.5Out
Call
GSL250321C0003500060635.00.0 - 0.250.15Out
Call
GSL250321C00040000040.00.0 - 3.93.9Out

Global Ship Corporate Executives

Elected by the shareholders, the Global Ship's board of directors comprises two types of representatives: Global Ship inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Global. The board's role is to monitor Global Ship's management team and ensure that shareholders' interests are well served. Global Ship's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Global Ship's outside directors are responsible for providing unbiased perspectives on the board's policies.
Thomas ListerChief Financial Officer, Chief Commercial OfficerProfile
Anastasios PsaropoulosChief Financial OfficerProfile
When determining whether Global Ship Lease is a strong investment it is important to analyze Global Ship'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 Global Ship's future performance. For an informed investment choice regarding Global 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 Global Ship Lease. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Marine Transportation 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 Ship. 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 Ship 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
(0.05)
Dividend Share
1.575
Earnings Share
8.92
Revenue Per Share
19.793
Quarterly Revenue Growth
(0)
The market value of Global Ship Lease 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 Ship's value that differs from its market value or its book value, called intrinsic value, which is Global Ship'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 Ship's market value can be influenced by many factors that don't directly affect Global Ship'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 Ship's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Ship is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Ship'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.