GWW250417C00830000 Option on WW Grainger

GWW Stock  USD 1,063  63.40  5.63%   
GWW250417C00830000 is a PUT option contract on WW Grainger's common stock with a strick price of 830.0 expiring on 2025-04-17. The contract was not traded in recent days and, as of today, has 73 days remaining before the expiration. The option is currently trading at a bid price of $235.0, and an ask price of $243.5. The implied volatility as of the 3rd of February is 73.0.
  
When exercised, put options on WW Grainger produce a short position in GWW Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on WW Grainger's downside price movement.

Rule 16 of 2025-04-17 Option Contract

The options market is anticipating that WW Grainger will have an average daily up or down price movement of about 0.0166% per day over the life of the option. With WW Grainger trading at USD 1062.67, that is roughly USD 0.18. If you think that the market is fully understating WW Grainger's daily price movement you should consider buying WW Grainger options at that current volatility level of 0.27%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call Option on WW Grainger

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 WW Grainger 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 GWW 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 NameGWW250417C00830000
Expires On2025-04-17
Days Before Expriration73
Delta0.983562
Vega0.180966
Gamma2.93E-4
Theoretical Value239.25
Open Interest12
Strike Price830.0
Last Traded At253.45
Current Price Spread235.0 | 243.5
Rule 16 Daily Up or DownUSD 0.18

GWW short PUT Option Greeks

WW Grainger's Option Greeks for the contract ending on 2025-04-17 at a strike price of 830.0 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 WW Grainger's option greeks, its implied volatility helps estimate the risk of WW Grainger stock implied by the prices of the options on WW Grainger's stock.
Delta0.983562
Gamma2.93E-4
Theta-0.108325
Vega0.180966
Rho0.999999

GWW long PUT Option Payoff at expiration

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

GWW short PUT Option Payoff at expiration

By selling WW Grainger's put option, the investors signal their bearish sentiment. A short position in a put option written on WW Grainger will generally make money when the underlying price is above the strike price. Therefore WW Grainger's put payoff at expiration depends on where the GWW Stock price is relative to the put option strike price. The breakeven price of 1069.25 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 WW Grainger's price. Finally, at the strike price of 830.0, the payoff chart is constant and positive.
   Profit   
       WW Grainger Price At Expiration  
View All WW Grainger Options

WW Grainger Available Call Options

WW Grainger's option chain is a display of a range of information that helps investors for ways to trade options on GWW. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for GWW. It also shows strike prices and maturity days for a WW Grainger 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
GWW250417C006400001640.0422.0 - 431.0489.1In
Call
GWW250417C007200002720.0343.0 - 352.0511.1In
Call
GWW250417C007800007780.0284.0 - 293.0377.98In
Call
GWW250417C008000008800.0264.0 - 273.0331.25In
Call
GWW250417C008200004820.0244.0 - 253.5351.94In
Call
GWW250417C0083000012830.0235.0 - 243.5253.45In
Call
GWW250417C0084000047840.0225.2 - 232.7214.0In
Call
GWW250417C00850000138850.0215.3 - 223.5204.3In
Call
GWW250417C0086000048860.0205.5 - 214.0240.5In
Call
GWW250417C008700005870.0196.0 - 204.9185.38In
Call
GWW250417C00880000155880.0186.7 - 194.0175.6In
Call
GWW250417C00890000174890.0177.6 - 186.0218.44In
Call
GWW250417C00900000268900.0167.9 - 175.9210.78In
Call
GWW250417C0091000028910.0158.2 - 166.9201.79In
Call
GWW250417C00920000107920.0148.6 - 156.9191.99In
Call
GWW250417C009300002930.0140.6 - 148.0121.9In
Call
GWW250417C00940000361940.0132.1 - 135.6120.6In
Call
GWW250417C0095000013950.0122.3 - 130.0192.3In
Call
GWW250417C0096000034960.0113.3 - 121.4183.99In
Call
GWW250417C0097000076970.0104.0 - 112.9175.84In
Call
GWW250417C00980000430980.095.7 - 104.3171.5In
Call
GWW250417C00990000733990.088.6 - 96.2141.2In
Call
GWW250417C010000006201000.082.0 - 88.361.0In
Call
GWW250417C010100002551010.073.3 - 80.781.9In
Call
GWW250417C01020000531020.067.0 - 73.1124.6In
Call
GWW250417C010300005621030.060.1 - 66.461.5In
Call
GWW250417C010400005991040.052.1 - 59.957.0In
Call
GWW250417C0105000041050.047.5 - 53.947.07In
Call
GWW250417C01060000601060.042.5 - 47.938.0Out
Call
GWW250417C01070000261070.037.0 - 42.986.6Out
Call
GWW250417C01080000171080.031.7 - 38.038.9Out
Call
GWW250417C01100000771100.023.4 - 29.661.76Out
Call
GWW250417C01120000371120.015.7 - 22.412.52Out
Call
GWW250417C01140000181140.010.9 - 16.88.74Out
Call
GWW250417C011600001351160.05.6 - 12.334.0Out
Call
GWW250417C01180000131180.02.65 - 9.45.0Out
Call
GWW250417C01200000911200.01.6 - 6.64.06Out
Call
GWW250417C012200004021220.02.35 - 4.815.2Out
Call
GWW250417C01240000431240.00.05 - 4.89.3Out
Call
GWW250417C01260000321260.00.05 - 5.06.8Out
Call
GWW250417C01280000391280.00.05 - 4.85.1Out
Call
GWW250417C013000001781300.00.5 - 1.83.4Out
Call
GWW250417C0132000041320.00.05 - 5.021.99Out
Call
GWW250417C01340000141340.00.0 - 4.81.0Out
Call
GWW250417C0136000041360.00.0 - 4.88.3Out
Call
GWW250417C0138000041380.00.0 - 4.01.0Out
Call
GWW250417C01400000141400.00.0 - 2.52.5Out
Call
GWW250417C0142000001420.00.0 - 4.74.7Out
Call
GWW250417C0144000011440.00.0 - 4.63.3Out
Call
GWW250417C0146000031460.00.0 - 4.66.89Out
Call
GWW250417C0148000031480.00.0 - 4.56.3Out
Call
GWW250417C0150000031500.00.0 - 0.550.05Out
Call
GWW250417C0152000021520.00.0 - 4.54.0Out
Call
GWW250417C0154000021540.00.0 - 4.53.2Out
Call
GWW250417C0156000021560.00.0 - 4.41.5Out

WW Grainger Corporate Directors

Brian AndersonLead Independent DirectorProfile
Michael RobertsIndependent DirectorProfile
Susan WilliamsIndependent DirectorProfile
Stuart LevenickLead Independent DirectorProfile

Additional Tools for GWW Stock Analysis

When running WW Grainger's price analysis, check to measure WW Grainger's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy WW Grainger is operating at the current time. Most of WW Grainger's value examination focuses on studying past and present price action to predict the probability of WW Grainger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WW Grainger's price. Additionally, you may evaluate how the addition of WW Grainger to your portfolios can decrease your overall portfolio volatility.