HUT250110C00028500 Option on Hut 8 Corp

HUT Stock  USD 26.67  2.51  10.39%   
HUT250110C00028500 is a PUT option contract on Hut 8's common stock with a strick price of 28.5 expiring on 2025-01-10. The contract was not traded in recent days and, as of today, has 3 days remaining before the expiration. The option is currently trading at a bid price of $4.0, and an ask price of $4.5. The implied volatility as of the 7th of January is 3.0.
  
When exercised, put options on Hut 8 produce a short position in Hut Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Hut 8's downside price movement.

Rule 16 of 2025-01-10 Option Contract

The options market is anticipating that Hut 8 Corp will have an average daily up or down price movement of about 0.0752% per day over the life of the option. With Hut 8 trading at USD 26.67, that is roughly USD 0.0201. If you think that the market is fully understating Hut 8's daily price movement you should consider buying Hut 8 Corp options at that current volatility level of 1.2%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on Hut 8

An 'Out of The Money' option on Hut has a strike price that Hut 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 Hut 8's 'Out of The Money' options include buying the options if you expect a big move in Hut 8'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.
Call Contract NameHUT250110C00028500
Expires On2025-01-10
Days Before Expriration3
Delta0.568535
Vega0.036909
Gamma0.034798
Theoretical Value4.34
Open Interest6
Current Trading Volume7.0
Strike Price28.5
Last Traded At4.34
Current Price Spread4.0 | 4.5
Rule 16 Daily Up or DownUSD 0.0201

Hut short PUT Option Greeks

Hut 8's Option Greeks for the contract ending on 2025-01-10 at a strike price of 28.5 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 Hut 8's option greeks, its implied volatility helps estimate the risk of Hut 8 stock implied by the prices of the options on Hut 8's stock.
Delta0.568535
Gamma0.034798
Theta-0.05565
Vega0.036909
Rho0.013019

Hut long PUT Option Payoff at expiration

Put options written on Hut 8 grant holders of the option the right to sell a specified amount of Hut 8 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 Hut Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Hut 8 is like buying insurance aginst Hut 8's downside shift.
   Profit   
       Hut 8 Price At Expiration  

Hut short PUT Option Payoff at expiration

By selling Hut 8's put option, the investors signal their bearish sentiment. A short position in a put option written on Hut 8 will generally make money when the underlying price is above the strike price. Therefore Hut 8's put payoff at expiration depends on where the Hut Stock price is relative to the put option strike price. The breakeven price of 32.84 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 Hut 8's price. Finally, at the strike price of 28.5, the payoff chart is constant and positive.
   Profit   
       Hut 8 Price At Expiration  
View All Hut 8 Options

Hut 8 Corp Available Call Options

Hut 8's option chain is a display of a range of information that helps investors for ways to trade options on Hut. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Hut. It also shows strike prices and maturity days for a Hut 8 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
HUT250110C00015000015.013.0 - 13.6513.0In
Call
HUT250110C00017000017.011.05 - 11.8511.05In
Call
HUT250110C00018000018.010.3 - 11.110.3In
Call
HUT250110C00019000019.08.6 - 10.158.6In
Call
HUT250110C00019500019.59.15 - 9.89.15In
Call
HUT250110C00020000020.08.8 - 9.358.8In
Call
HUT250110C00020500020.58.4 - 9.458.4In
Call
HUT250110C00021000021.07.95 - 8.757.95In
Call
HUT250110C00021500021.57.6 - 8.357.6In
Call
HUT250110C00022000022.06.5 - 8.056.5In
Call
HUT250110C00027000227.03.85 - 5.155.8In
Call
HUT250110C00028500628.54.0 - 4.54.34Out
Call
HUT250110C00029000529.03.8 - 4.354.89Out

Hut 8 Corporate Management

Additional Tools for Hut Stock Analysis

When running Hut 8's price analysis, check to measure Hut 8'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 Hut 8 is operating at the current time. Most of Hut 8's value examination focuses on studying past and present price action to predict the probability of Hut 8's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hut 8's price. Additionally, you may evaluate how the addition of Hut 8 to your portfolios can decrease your overall portfolio volatility.