HACK250321P00061000 Option on Amplify ETF Trust

HACK Etf  USD 78.83  0.61  0.78%   
HACK250321P00061000 is a PUT option contract on Amplify ETF's common stock with a strick price of 61.0 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 57 days remaining before the expiration. The option is currently trading at an ask price of $0.5. The implied volatility as of the 23rd of January is 57.0.
  
When exercised, put options on Amplify ETF produce a short position in Amplify Etf. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Amplify ETF's downside price movement.

Rule 16 of 2025-03-21 Option Contract

The options market is anticipating that Amplify ETF Trust will have an average daily up or down price movement of about 0.0255% per day over the life of the option. With Amplify ETF trading at USD 78.83, that is roughly USD 0.0201. If you think that the market is fully understating Amplify ETF's daily price movement you should consider buying Amplify ETF Trust options at that current volatility level of 0.41%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Amplify ETF

An 'Out of The Money' option on Amplify has a strike price that Amplify Etf 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 Amplify ETF's 'Out of The Money' options include buying the options if you expect a big move in Amplify ETF'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 NameHACK250321P00061000
Expires On2025-03-21
Days Before Expriration57
Vega0.029633
Gamma0.007366
Theoretical Value0.25
Open Interest1
Strike Price61.0
Last Traded At0.3
Current Price Spread0.0 | 0.5
Rule 16 Daily Up or DownUSD 0.0201

Amplify short PUT Option Greeks

Amplify ETF's Option Greeks for the contract ending on 2025-03-21 at a strike price of 61.0 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 Amplify ETF's option greeks, its implied volatility helps estimate the risk of Amplify ETF stock implied by the prices of the options on Amplify ETF's stock.
Delta-0.04471
Gamma0.007366
Theta-0.009992
Vega0.029633
Rho-0.005574

Amplify long PUT Option Payoff at expiration

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

Amplify short PUT Option Payoff at expiration

By selling Amplify ETF's put option, the investors signal their bearish sentiment. A short position in a put option written on Amplify ETF will generally make money when the underlying price is above the strike price. Therefore Amplify ETF's put payoff at expiration depends on where the Amplify Etf price is relative to the put option strike price. The breakeven price of 60.75 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 Amplify ETF's price. Finally, at the strike price of 61.0, the payoff chart is constant and positive.
   Profit   
       Amplify ETF Price At Expiration  
View All Amplify ETF Options

Amplify ETF Trust Available Put Options

Amplify ETF's option chain is a display of a range of information that helps investors for ways to trade options on Amplify. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Amplify. It also shows strike prices and maturity days for a Amplify ETF 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
HACK250321P00045000145.00.0 - 0.30.4Out
 Put
HACK250321P00050000150.00.0 - 0.350.37Out
 Put
HACK250321P00056000256.00.0 - 0.450.15Out
 Put
HACK250321P00058000158.00.0 - 0.451.85Out
 Put
HACK250321P000600001260.00.0 - 0.50.47Out
 Put
HACK250321P00061000161.00.0 - 0.50.3Out
 Put
HACK250321P00063000363.00.05 - 0.550.9Out
 Put
HACK250321P00064000264.00.0 - 0.60.15Out
 Put
HACK250321P00065000365.00.0 - 0.650.57Out
 Put
HACK250321P000660003466.00.05 - 0.44.7Out
 Put
HACK250321P000700002170.00.1 - 0.71.24Out
 Put
HACK250321P00071000671.00.25 - 0.651.3Out
 Put
HACK250321P00072000872.00.0 - 0.850.46Out
 Put
HACK250321P000730002073.00.5 - 0.92.58Out
 Put
HACK250321P00074000574.00.5 - 1.03.2Out
 Put
HACK250321P000750001375.00.7 - 1.42.77Out
 Put
HACK250321P00078000178.01.7 - 2.352.23Out
 Put
HACK250321P00090000090.09.4 - 13.19.4In
 Put
HACK250321P00091000091.010.4 - 14.110.4In
 Put
HACK250321P00092000092.012.6 - 15.112.6In
 Put
HACK250321P00093000093.013.6 - 16.113.6In
 Put
HACK250321P00094000094.013.4 - 17.113.4In
 Put
HACK250321P00095000095.014.4 - 18.114.4In
 Put
HACK250321P00096000096.015.4 - 19.015.4In
 Put
HACK250321P00097000097.016.4 - 20.016.4In
 Put
HACK250321P00098000098.018.8 - 21.118.8In
 Put
HACK250321P001000000100.019.4 - 23.019.4In
When determining whether Amplify ETF Trust is a strong investment it is important to analyze Amplify ETF'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 Amplify ETF's future performance. For an informed investment choice regarding Amplify Etf, 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 Amplify ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Amplify Etf please use our How to buy in Amplify Etf guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of Amplify ETF Trust is measured differently than its book value, which is the value of Amplify that is recorded on the company's balance sheet. Investors also form their own opinion of Amplify ETF's value that differs from its market value or its book value, called intrinsic value, which is Amplify ETF'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 Amplify ETF's market value can be influenced by many factors that don't directly affect Amplify ETF'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 Amplify ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amplify ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amplify ETF'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.