HBI250417P00008000 Option on Hanesbrands

HBI Stock  USD 8.29  0.02  0.24%   
HBI250417P00008000 is a PUT option contract on Hanesbrands' common stock with a strick price of 8.0 expiring on 2025-04-17. The contract was not traded in recent days and, as of today, has 89 days remaining before the expiration. The option is currently trading at a bid price of $0.5, and an ask price of $0.6. The implied volatility as of the 18th of January 2025 is 89.0.
  
A put option written on Hanesbrands becomes more valuable as the price of Hanesbrands drops. Conversely, Hanesbrands' put option loses its value as Hanesbrands Stock rises.

Rule 16 of 2025-04-17 Option Contract

The options market is anticipating that Hanesbrands will have an average daily up or down price movement of about 0.0275% per day over the life of the option. With Hanesbrands trading at USD 8.29, that is roughly USD 0.002276. If you think that the market is fully understating Hanesbrands' daily price movement you should consider buying Hanesbrands options at that current volatility level of 0.44%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Hanesbrands

An 'Out of The Money' option on Hanesbrands has a strike price that Hanesbrands 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 Hanesbrands' 'Out of The Money' options include buying the options if you expect a big move in Hanesbrands' 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 NameHBI250417P00008000
Expires On2025-04-17
Days Before Expriration89
Vega0.015652
Gamma0.193927
Theoretical Value0.5
Open Interest2248
Current Trading Volume10.0
Strike Price8.0
Last Traded At0.5
Current Price Spread0.5 | 0.6
Rule 16 Daily Up or DownUSD 0.002276

Hanesbrands short PUT Option Greeks

Hanesbrands' Option Greeks for the contract ending on 2025-04-17 at a strike price of 8.0 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 Hanesbrands' option greeks, its implied volatility helps estimate the risk of Hanesbrands stock implied by the prices of the options on Hanesbrands' stock.
Delta-0.346471
Gamma0.193927
Theta-0.003873
Vega0.015652
Rho-0.008671

Hanesbrands long PUT Option Payoff at expiration

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

Hanesbrands short PUT Option Payoff at expiration

By selling Hanesbrands' put option, the investors signal their bearish sentiment. A short position in a put option written on Hanesbrands will generally make money when the underlying price is above the strike price. Therefore Hanesbrands' put payoff at expiration depends on where the Hanesbrands Stock price is relative to the put option strike price. The breakeven price of 7.5 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 Hanesbrands' price. Finally, at the strike price of 8.0, the payoff chart is constant and positive.
   Profit   
       Hanesbrands Price At Expiration  
View All Hanesbrands Options

Hanesbrands Available Put Options

Hanesbrands' option chain is a display of a range of information that helps investors for ways to trade options on Hanesbrands. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Hanesbrands. It also shows strike prices and maturity days for a Hanesbrands 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
HBI250417P0000300033.00.0 - 0.150.1Out
 Put
HBI250417P00004000684.00.0 - 0.350.1Out
 Put
HBI250417P000050001655.00.0 - 0.050.11Out
 Put
HBI250417P000060001296.00.05 - 0.150.15Out
 Put
HBI250417P0000700013757.00.2 - 0.250.33Out
 Put
HBI250417P0000800022488.00.5 - 0.60.5Out
 Put
HBI250417P000090004729.00.95 - 1.10.99In
 Put
HBI250417P0001000020610.01.65 - 1.751.75In
 Put
HBI250417P00011000111.02.5 - 2.63.7In
 Put
HBI250417P00012000012.03.4 - 3.63.4In
 Put
HBI250417P00015000015.05.2 - 6.55.2In

Hanesbrands Corporate Directors

Robert MoranIndependent DirectorProfile
James JohnsonIndependent DirectorProfile
Cheryl BeebeIndependent DirectorProfile
Geralyn BreigIndependent DirectorProfile
When determining whether Hanesbrands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hanesbrands' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hanesbrands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hanesbrands Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hanesbrands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more detail on how to invest in Hanesbrands Stock please use our How to Invest in Hanesbrands guide.
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Is Apparel, Accessories & Luxury Goods 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 Hanesbrands. If investors know Hanesbrands 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 Hanesbrands 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
(0.47)
Earnings Share
(0.24)
Revenue Per Share
15.548
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0539
The market value of Hanesbrands is measured differently than its book value, which is the value of Hanesbrands that is recorded on the company's balance sheet. Investors also form their own opinion of Hanesbrands' value that differs from its market value or its book value, called intrinsic value, which is Hanesbrands' 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 Hanesbrands' market value can be influenced by many factors that don't directly affect Hanesbrands' 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 Hanesbrands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hanesbrands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hanesbrands' 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.