IIPR250417P00100000 Option on Innovative Industrial

IIPR Stock  USD 73.05  6.71  10.11%   
IIPR250417P00100000 is a PUT option contract on Innovative Industrial's common stock with a strick price of 100.0 expiring on 2025-04-17. The contract was not traded in recent days and, as of today, has 76 days remaining before the expiration. The option is currently trading at a bid price of $27.1, and an ask price of $30.4. The implied volatility as of the 31st of January is 76.0.
  
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 0.0365% per day over the life of the option. With Innovative Industrial trading at USD 73.05, that is roughly USD 0.0267. 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 0.58%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Put Option on Innovative Industrial

An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Innovative Industrial positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Innovative Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Put Contract NameIIPR250417P00100000
Expires On2025-04-17
Days Before Expriration76
Vega0.073257
Gamma0.011144
Theoretical Value28.75
Open Interest28
Strike Price100.0
Last Traded At32.2
Current Price Spread27.1 | 30.4
Rule 16 Daily Up or DownUSD 0.0267

Innovative short PUT Option Greeks

Innovative Industrial's Option Greeks for the contract ending on 2025-04-17 at a strike price of 100.0 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-0.842168
Gamma0.011144
Theta-0.033462
Vega0.073257
Rho-0.188841

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 71.25 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 100.0, the payoff chart is constant and positive.
   Profit   
       Innovative Industrial Price At Expiration  
View All Innovative Industrial Options

Innovative Industrial Available Put 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 IntStrike PriceCurrent SpreadLast Price
 Put
IIPR250417P00040000640.00.0 - 2.30.4Out
 Put
IIPR250417P000450005545.00.0 - 1.10.45Out
 Put
IIPR250417P000500001750.00.05 - 2.550.54Out
 Put
IIPR250417P000550005255.00.45 - 3.21.06Out
 Put
IIPR250417P000600004160.00.4 - 3.82.65Out
 Put
IIPR250417P000650006165.01.45 - 4.92.7Out
 Put
IIPR250417P000700004970.03.9 - 6.87.3Out
 Put
IIPR250417P000750002575.05.5 - 9.111.93In
 Put
IIPR250417P00080000380.08.5 - 12.614.52In
 Put
IIPR250417P000850002785.013.5 - 16.520.47In
 Put
IIPR250417P000900001590.017.0 - 20.921.97In
 Put
IIPR250417P000950006795.021.6 - 25.628.6In
 Put
IIPR250417P0010000028100.027.1 - 30.432.2In
 Put
IIPR250417P0010500052105.031.2 - 35.340.4In
 Put
IIPR250417P0011000086110.036.2 - 40.243.53In
 Put
IIPR250417P0011500033115.041.1 - 45.249.82In
 Put
IIPR250417P0012000016120.046.0 - 50.116.47In
 Put
IIPR250417P0012500012125.051.0 - 55.020.5In
 Put
IIPR250417P0013000023130.055.8 - 60.026.03In
 Put
IIPR250417P001350007135.060.9 - 64.933.9In
 Put
IIPR250417P001400001140.065.2 - 70.022.7In
 Put
IIPR250417P001550000155.080.2 - 85.080.2In
 Put
IIPR250417P001600000160.085.2 - 90.085.2In
 Put
IIPR250417P001650000165.090.2 - 95.090.2In
 Put
IIPR250417P001700000170.095.2 - 100.095.2In
 Put
IIPR250417P001750000175.0100.4 - 105.0100.4In
 Put
IIPR250417P001800000180.0105.1 - 110.0105.1In
 Put
IIPR250417P001850000185.0110.2 - 115.0110.2In
 Put
IIPR250417P001900000190.0115.1 - 119.5115.1In
 Put
IIPR250417P001950000195.0119.7 - 124.5119.7In
 Put
IIPR250417P002000000200.0124.7 - 129.5124.7In

Innovative Industrial Corporate Management

Mary CurranIndependent DirectorProfile
Gary KreitzerIndependent Vice Chairman of the BoardProfile
Catherine CPACFO TreasurerProfile
Brian WolfeVice President General Counsel, SecretaryProfile
Andy BuiChief Accounting Officer, Vice PresidentProfile

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.