GWW250417P00820000 Option on WW Grainger
GWW Stock | USD 1,063 63.40 5.63% |
GWW250417P00820000 is a PUT option contract on WW Grainger's common stock with a strick price of 820.0 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 $4.7. The implied volatility as of the 3rd of February is 73.0.
GWW |
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 0.0211% per day over the life of the option. With WW Grainger trading at USD 1062.67, that is roughly USD 0.22. 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 0.34%. 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 Name | GWW250417P00820000 |
Expires On | 2025-04-17 |
Days Before Expriration | 73 |
Vega | 0.368678 |
Gamma | 4.71E-4 |
Theoretical Value | 2.35 |
Open Interest | 1 |
Strike Price | 820.0 |
Last Traded At | 3.6 |
Current Price Spread | 0.0 | 4.7 |
Rule 16 Daily Up or Down | USD 0.22 |
GWW short PUT Option Greeks
WW Grainger's Option Greeks for the contract ending on 2025-04-17 at a strike price of 820.0 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 | -0.034602 | |
Gamma | 4.71E-4 | |
Theta | -0.079241 | |
Vega | 0.368678 | |
Rho | -0.074906 |
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 817.65 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 820.0, the payoff chart is constant and positive.
Profit |
WW Grainger Price At Expiration |
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 Int | Strike Price | Current Spread | Last Price | |||
Put | GWW250417P00660000 | 12 | 660.0 | 0.0 - 4.3 | 0.15 | Out |
Put | GWW250417P00740000 | 3 | 740.0 | 0.0 - 4.3 | 0.3 | Out |
Put | GWW250417P00760000 | 1 | 760.0 | 0.0 - 4.4 | 1.15 | Out |
Put | GWW250417P00780000 | 1 | 780.0 | 0.0 - 4.4 | 2.3 | Out |
Put | GWW250417P00800000 | 1 | 800.0 | 0.0 - 4.5 | 1.39 | Out |
Put | GWW250417P00810000 | 1 | 810.0 | 0.0 - 4.6 | 3.2 | Out |
Put | GWW250417P00820000 | 1 | 820.0 | 0.0 - 4.7 | 3.6 | Out |
Put | GWW250417P00830000 | 1 | 830.0 | 0.0 - 4.8 | 4.0 | Out |
Put | GWW250417P00840000 | 217 | 840.0 | 0.0 - 1.85 | 0.85 | Out |
Put | GWW250417P00850000 | 1 | 850.0 | 0.0 - 2.05 | 1.0 | Out |
Put | GWW250417P00860000 | 5 | 860.0 | 0.05 - 4.8 | 3.3 | Out |
Put | GWW250417P00870000 | 4 | 870.0 | 0.05 - 4.8 | 16.2 | Out |
Put | GWW250417P00880000 | 7 | 880.0 | 0.0 - 3.0 | 2.24 | Out |
Put | GWW250417P00900000 | 5 | 900.0 | 0.05 - 6.6 | 1.55 | Out |
Put | GWW250417P00910000 | 2 | 910.0 | 0.7 - 4.6 | 3.67 | Out |
Put | GWW250417P00920000 | 130 | 920.0 | 0.5 - 4.7 | 2.75 | Out |
Put | GWW250417P00930000 | 8 | 930.0 | 1.65 - 6.6 | 2.25 | Out |
Put | GWW250417P00940000 | 177 | 940.0 | 1.95 - 6.8 | 7.37 | Out |
Put | GWW250417P00950000 | 13 | 950.0 | 3.3 - 8.4 | 6.92 | Out |
Put | GWW250417P00960000 | 11 | 960.0 | 4.0 - 9.8 | 3.9 | Out |
Put | GWW250417P00970000 | 1 | 970.0 | 4.2 - 11.9 | 6.2 | Out |
Put | GWW250417P00980000 | 39 | 980.0 | 5.5 - 13.3 | 19.3 | Out |
Put | GWW250417P00990000 | 27 | 990.0 | 9.7 - 14.8 | 6.9 | Out |
Put | GWW250417P01000000 | 36 | 1000.0 | 10.9 - 15.9 | 7.0 | Out |
Put | GWW250417P01010000 | 26 | 1010.0 | 13.0 - 17.8 | 19.3 | Out |
Put | GWW250417P01020000 | 34 | 1020.0 | 16.0 - 20.0 | 23.23 | Out |
Put | GWW250417P01030000 | 25 | 1030.0 | 18.2 - 25.4 | 12.0 | Out |
Put | GWW250417P01040000 | 50 | 1040.0 | 21.5 - 26.9 | 27.4 | Out |
Put | GWW250417P01050000 | 140 | 1050.0 | 25.4 - 32.1 | 31.5 | Out |
Put | GWW250417P01060000 | 58 | 1060.0 | 30.3 - 37.6 | 18.0 | Out |
Put | GWW250417P01070000 | 36 | 1070.0 | 35.1 - 41.4 | 45.63 | In |
Put | GWW250417P01080000 | 34 | 1080.0 | 40.0 - 46.7 | 22.3 | In |
Put | GWW250417P01100000 | 251 | 1100.0 | 51.8 - 58.3 | 63.63 | In |
Put | GWW250417P01120000 | 30 | 1120.0 | 65.0 - 71.8 | 38.5 | In |
Put | GWW250417P01140000 | 12 | 1140.0 | 80.0 - 87.7 | 47.5 | In |
Put | GWW250417P01160000 | 12 | 1160.0 | 97.0 - 105.5 | 60.67 | In |
Put | GWW250417P01180000 | 18 | 1180.0 | 115.0 - 122.8 | 122.76 | In |
Put | GWW250417P01200000 | 28 | 1200.0 | 134.0 - 141.6 | 141.6 | In |
Put | GWW250417P01220000 | 7 | 1220.0 | 153.5 - 162.0 | 84.0 | In |
Put | GWW250417P01380000 | 0 | 1380.0 | 312.2 - 322.0 | 312.2 | In |
Put | GWW250417P01400000 | 0 | 1400.0 | 332.2 - 342.0 | 332.2 | In |
Put | GWW250417P01420000 | 0 | 1420.0 | 352.1 - 362.0 | 352.1 | In |
Put | GWW250417P01440000 | 0 | 1440.0 | 372.1 - 382.0 | 372.1 | In |
Put | GWW250417P01460000 | 0 | 1460.0 | 392.1 - 402.0 | 392.1 | In |
Put | GWW250417P01480000 | 0 | 1480.0 | 412.1 - 422.0 | 412.1 | In |
Put | GWW250417P01500000 | 0 | 1500.0 | 432.1 - 442.0 | 434.7 | In |
Put | GWW250417P01520000 | 0 | 1520.0 | 452.1 - 462.0 | 452.1 | In |
Put | GWW250417P01540000 | 0 | 1540.0 | 472.0 - 482.0 | 472.0 | In |
Put | GWW250417P01560000 | 0 | 1560.0 | 492.1 - 502.0 | 492.1 | In |
WW Grainger Corporate Directors
Brian Anderson | Lead Independent Director | Profile | |
Michael Roberts | Independent Director | Profile | |
Susan Williams | Independent Director | Profile | |
Stuart Levenick | Lead Independent Director | Profile |
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.