IIPR250417C00155000 Option on Innovative Industrial
IIPR Stock | USD 68.11 1.17 1.75% |
IIPR250417C00155000 is a PUT option contract on Innovative Industrial's common stock with a strick price of 155.0 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 an ask price of $1.45. The implied volatility as of the 18th of January 2025 is 89.0.
Innovative |
When exercised, put options on Innovative Industrial produce a short position in Innovative Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Innovative Industrial's downside price movement.
Rule 16 of 2025-04-17 Option Contract
The options market is anticipating that Innovative Industrial Properties will have an average daily up or down price movement of about 0.0599% per day over the life of the option. With Innovative Industrial trading at USD 68.11, that is roughly USD 0.0408. If you think that the market is fully understating Innovative Industrial's daily price movement you should consider buying Innovative Industrial Properties options at that current volatility level of 0.96%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Call Option on Innovative Industrial
An 'Out of The Money' option on Innovative has a strike price that Innovative 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 Innovative Industrial's 'Out of The Money' options include buying the options if you expect a big move in Innovative Industrial'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 Name | IIPR250417C00155000 |
Expires On | 2025-04-17 |
Days Before Expriration | 89 |
Delta | 0.06145 |
Vega | 0.040618 |
Gamma | 0.00375 |
Theoretical Value | 0.73 |
Open Interest | 17 |
Strike Price | 155.0 |
Last Traded At | 0.27 |
Current Price Spread | 0.0 | 1.45 |
Rule 16 Daily Up or Down | USD 0.0408 |
Innovative short PUT Option Greeks
Innovative Industrial's Option Greeks for the contract ending on 2025-04-17 at a strike price of 155.0 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 Innovative Industrial's option greeks, its implied volatility helps estimate the risk of Innovative Industrial stock implied by the prices of the options on Innovative Industrial's stock.
Delta | 0.06145 | |
Gamma | 0.00375 | |
Theta | -0.021124 | |
Vega | 0.040618 | |
Rho | 0.007926 |
Innovative long PUT Option Payoff at expiration
Put options written on Innovative Industrial grant holders of the option the right to sell a specified amount of Innovative Industrial 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 Innovative Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Innovative Industrial is like buying insurance aginst Innovative Industrial's downside shift.
Profit |
Innovative Industrial Price At Expiration |
Innovative short PUT Option Payoff at expiration
By selling Innovative Industrial's put option, the investors signal their bearish sentiment. A short position in a put option written on Innovative Industrial will generally make money when the underlying price is above the strike price. Therefore Innovative Industrial's put payoff at expiration depends on where the Innovative Stock price is relative to the put option strike price. The breakeven price of 155.73 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 Innovative Industrial's price. Finally, at the strike price of 155.0, the payoff chart is constant and positive.
Profit |
Innovative Industrial Price At Expiration |
Innovative Industrial Available Call Options
Innovative Industrial's option chain is a display of a range of information that helps investors for ways to trade options on Innovative. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Innovative. It also shows strike prices and maturity days for a Innovative Industrial 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 | |||
Call | IIPR250417C00040000 | 2 | 40.0 | 26.4 - 30.9 | 23.97 | In |
Call | IIPR250417C00050000 | 13 | 50.0 | 17.8 - 20.8 | 18.5 | In |
Call | IIPR250417C00060000 | 3 | 60.0 | 9.6 - 11.2 | 9.1 | In |
Call | IIPR250417C00065000 | 7 | 65.0 | 6.6 - 7.8 | 6.51 | In |
Call | IIPR250417C00070000 | 44 | 70.0 | 4.3 - 4.7 | 4.45 | Out |
Call | IIPR250417C00075000 | 56 | 75.0 | 2.45 - 2.85 | 2.39 | Out |
Call | IIPR250417C00080000 | 55 | 80.0 | 1.4 - 2.2 | 1.45 | Out |
Call | IIPR250417C00085000 | 43 | 85.0 | 0.7 - 1.15 | 0.75 | Out |
Call | IIPR250417C00090000 | 20 | 90.0 | 0.4 - 1.95 | 0.7 | Out |
Call | IIPR250417C00095000 | 12 | 95.0 | 0.15 - 0.65 | 0.4 | Out |
Call | IIPR250417C00100000 | 30 | 100.0 | 0.1 - 0.7 | 0.4 | Out |
Call | IIPR250417C00105000 | 29 | 105.0 | 0.05 - 1.75 | 0.43 | Out |
Call | IIPR250417C00110000 | 68 | 110.0 | 0.0 - 0.5 | 0.25 | Out |
Call | IIPR250417C00115000 | 85 | 115.0 | 0.05 - 0.9 | 0.34 | Out |
Call | IIPR250417C00120000 | 30 | 120.0 | 0.05 - 2.3 | 0.14 | Out |
Call | IIPR250417C00125000 | 22 | 125.0 | 0.05 - 0.75 | 0.19 | Out |
Call | IIPR250417C00130000 | 37 | 130.0 | 0.0 - 0.75 | 0.21 | Out |
Call | IIPR250417C00135000 | 37 | 135.0 | 0.0 - 1.2 | 0.15 | Out |
Call | IIPR250417C00140000 | 44 | 140.0 | 0.0 - 2.3 | 0.12 | Out |
Call | IIPR250417C00145000 | 7 | 145.0 | 0.0 - 1.75 | 0.05 | Out |
Call | IIPR250417C00150000 | 18 | 150.0 | 0.0 - 1.75 | 0.25 | Out |
Call | IIPR250417C00155000 | 17 | 155.0 | 0.0 - 1.45 | 0.27 | Out |
Call | IIPR250417C00160000 | 4 | 160.0 | 0.0 - 1.45 | 3.9 | Out |
Call | IIPR250417C00165000 | 0 | 165.0 | 0.0 - 1.75 | 1.75 | |
Call | IIPR250417C00170000 | 37 | 170.0 | 0.0 - 0.5 | 0.2 | Out |
Call | IIPR250417C00175000 | 5 | 175.0 | 0.0 - 0.95 | 0.7 | Out |
Call | IIPR250417C00180000 | 0 | 180.0 | 0.0 - 2.25 | 2.25 | |
Call | IIPR250417C00185000 | 0 | 185.0 | 0.0 - 1.4 | 1.4 | |
Call | IIPR250417C00190000 | 0 | 190.0 | 0.0 - 1.4 | 1.4 | |
Call | IIPR250417C00195000 | 1 | 195.0 | 0.0 - 0.95 | 0.25 | Out |
Call | IIPR250417C00200000 | 0 | 200.0 | 0.0 - 1.75 | 1.75 |
Innovative Industrial Corporate Management
Mary Curran | Independent Director | Profile | |
Gary Kreitzer | Independent Vice Chairman of the Board | Profile | |
Catherine CPA | CFO Treasurer | Profile | |
Brian Wolfe | Vice President General Counsel, Secretary | Profile | |
Andy Bui | Chief Accounting Officer, Vice President | Profile |
Additional Tools for Innovative Stock Analysis
When running Innovative Industrial's price analysis, check to measure Innovative Industrial'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 Innovative Industrial is operating at the current time. Most of Innovative Industrial's value examination focuses on studying past and present price action to predict the probability of Innovative Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Innovative Industrial's price. Additionally, you may evaluate how the addition of Innovative Industrial to your portfolios can decrease your overall portfolio volatility.