GWW250417P00800000 Option on WW Grainger

GWW Stock  USD 1,063  63.40  5.63%   
GWW250417P00800000 is a PUT option contract on WW Grainger's common stock with a strick price of 800.0 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 an ask price of $4.5. 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 0.0225% per day over the life of the option. With WW Grainger trading at USD 1062.67, that is roughly USD 0.24. 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 0.36%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on WW Grainger

An 'Out of The Money' option on GWW has a strike price that GWW 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 WW Grainger's 'Out of The Money' options include buying the options if you expect a big move in WW Grainger'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 NameGWW250417P00800000
Expires On2025-04-17
Days Before Expriration73
Vega0.339736
Gamma4.06E-4
Theoretical Value2.25
Open Interest1
Strike Price800.0
Last Traded At1.39
Current Price Spread0.0 | 4.5
Rule 16 Daily Up or DownUSD 0.24

GWW short PUT Option Greeks

WW Grainger's Option Greeks for the contract ending on 2025-04-17 at a strike price of 800.0 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.
Delta-0.031332
Gamma4.06E-4
Theta-0.07831
Vega0.339736
Rho-0.068234

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 797.75 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 800.0, the payoff chart is constant and positive.
   Profit   
       WW Grainger Price At Expiration  
View All WW Grainger Options

WW Grainger Available Put 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
 Put
GWW250417P0066000012660.00.0 - 4.30.15Out
 Put
GWW250417P007400003740.00.0 - 4.30.3Out
 Put
GWW250417P007600001760.00.0 - 4.41.15Out
 Put
GWW250417P007800001780.00.0 - 4.42.3Out
 Put
GWW250417P008000001800.00.0 - 4.51.39Out
 Put
GWW250417P008100001810.00.0 - 4.63.2Out
 Put
GWW250417P008200001820.00.0 - 4.73.6Out
 Put
GWW250417P008300001830.00.0 - 4.84.0Out
 Put
GWW250417P00840000217840.00.0 - 1.850.85Out
 Put
GWW250417P008500001850.00.0 - 2.051.0Out
 Put
GWW250417P008600005860.00.05 - 4.83.3Out
 Put
GWW250417P008700004870.00.05 - 4.816.2Out
 Put
GWW250417P008800007880.00.0 - 3.02.24Out
 Put
GWW250417P009000005900.00.05 - 6.61.55Out
 Put
GWW250417P009100002910.00.7 - 4.63.67Out
 Put
GWW250417P00920000130920.00.5 - 4.72.75Out
 Put
GWW250417P009300008930.01.65 - 6.62.25Out
 Put
GWW250417P00940000177940.01.95 - 6.87.37Out
 Put
GWW250417P0095000013950.03.3 - 8.46.92Out
 Put
GWW250417P0096000011960.04.0 - 9.83.9Out
 Put
GWW250417P009700001970.04.2 - 11.96.2Out
 Put
GWW250417P0098000039980.05.5 - 13.319.3Out
 Put
GWW250417P0099000027990.09.7 - 14.86.9Out
 Put
GWW250417P01000000361000.010.9 - 15.97.0Out
 Put
GWW250417P01010000261010.013.0 - 17.819.3Out
 Put
GWW250417P01020000341020.016.0 - 20.023.23Out
 Put
GWW250417P01030000251030.018.2 - 25.412.0Out
 Put
GWW250417P01040000501040.021.5 - 26.927.4Out
 Put
GWW250417P010500001401050.025.4 - 32.131.5Out
 Put
GWW250417P01060000581060.030.3 - 37.618.0Out
 Put
GWW250417P01070000361070.035.1 - 41.445.63In
 Put
GWW250417P01080000341080.040.0 - 46.722.3In
 Put
GWW250417P011000002511100.051.8 - 58.363.63In
 Put
GWW250417P01120000301120.065.0 - 71.838.5In
 Put
GWW250417P01140000121140.080.0 - 87.747.5In
 Put
GWW250417P01160000121160.097.0 - 105.560.67In
 Put
GWW250417P01180000181180.0115.0 - 122.8122.76In
 Put
GWW250417P01200000281200.0134.0 - 141.6141.6In
 Put
GWW250417P0122000071220.0153.5 - 162.084.0In
 Put
GWW250417P0138000001380.0312.2 - 322.0312.2In
 Put
GWW250417P0140000001400.0332.2 - 342.0332.2In
 Put
GWW250417P0142000001420.0352.1 - 362.0352.1In
 Put
GWW250417P0144000001440.0372.1 - 382.0372.1In
 Put
GWW250417P0146000001460.0392.1 - 402.0392.1In
 Put
GWW250417P0148000001480.0412.1 - 422.0412.1In
 Put
GWW250417P0150000001500.0432.1 - 442.0434.7In
 Put
GWW250417P0152000001520.0452.1 - 462.0452.1In
 Put
GWW250417P0154000001540.0472.0 - 482.0472.0In
 Put
GWW250417P0156000001560.0492.1 - 502.0492.1In

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.