IRT250417C00030000 Option on Independence Realty Trust

IRT Stock  USD 21.00  0.06  0.29%   
IRT250417C00030000 is a PUT option contract on Independence Realty's common stock with a strick price of 30.0 expiring on 2025-04-17. The contract was not traded in recent days and, as of today, has 38 days remaining before the expiration. The option is currently trading at an ask price of $0.75. The implied volatility as of the 10th of March is 38.0.
  
When exercised, put options on Independence Realty produce a short position in Independence Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Independence Realty's downside price movement.

Rule 16 of 2025-04-17 Option Contract

The options market is anticipating that Independence Realty Trust will have an average daily up or down price movement of about 0.0544% per day over the life of the option. With Independence Realty trading at USD 21.0, that is roughly USD 0.0114. If you think that the market is fully understating Independence Realty's daily price movement you should consider buying Independence Realty Trust options at that current volatility level of 0.87%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on Independence Realty

An 'Out of The Money' option on Independence has a strike price that Independence 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 Independence Realty's 'Out of The Money' options include buying the options if you expect a big move in Independence Realty'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 NameIRT250417C00030000
Expires On2025-04-17
Days Before Expriration38
Delta0.137656
Vega0.015281
Gamma0.036328
Theoretical Value0.38
Open Interest1
Strike Price30.0
Last Traded At0.5
Current Price Spread0.0 | 0.75
Rule 16 Daily Up or DownUSD 0.0114

Independence short PUT Option Greeks

Independence Realty's Option Greeks for the contract ending on 2025-04-17 at a strike price of 30.0 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 Independence Realty's option greeks, its implied volatility helps estimate the risk of Independence Realty stock implied by the prices of the options on Independence Realty's stock.
Delta0.137656
Gamma0.036328
Theta-0.016688
Vega0.015281
Rho0.002741

Independence long PUT Option Payoff at expiration

Put options written on Independence Realty grant holders of the option the right to sell a specified amount of Independence Realty 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 Independence Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Independence Realty is like buying insurance aginst Independence Realty's downside shift.
   Profit   
Current Price 21Current Price 21Strike Price 30Break Even 30.38100%
       Independence Realty Price At Expiration  

Independence short PUT Option Payoff at expiration

By selling Independence Realty's put option, the investors signal their bearish sentiment. A short position in a put option written on Independence Realty will generally make money when the underlying price is above the strike price. Therefore Independence Realty's put payoff at expiration depends on where the Independence Stock price is relative to the put option strike price. The breakeven price of 30.38 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 Independence Realty's price. Finally, at the strike price of 30.0, the payoff chart is constant and positive.
   Profit   
       Independence Realty Price At Expiration  
View All Independence Realty Options

Independence Realty Trust Available Call Options

Independence Realty's option chain is a display of a range of information that helps investors for ways to trade options on Independence. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Independence. It also shows strike prices and maturity days for a Independence Realty 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
IRT250417C00035000035.00.0 - 0.750.75Out
Call
IRT250417C00030000130.00.0 - 0.750.5Out
Call
IRT250417C00025000025.00.0 - 0.750.75Out
Call
IRT250417C000225004522.50.1 - 0.350.35Out
Call
IRT250417C000200003120.00.0 - 2.81.1In
Call
IRT250417C00017500017.53.2 - 5.53.2In
Call
IRT250417C00015000015.05.6 - 8.06.17In
Call
IRT250417C00012500012.58.1 - 10.58.1In
Call
IRT250417C00010000010.09.2 - 13.09.2In
Call
IRT250417C0000750007.511.4 - 15.711.4In

Independence Realty Corporate Directors

Mack PridgenIndependent DirectorProfile
Melinda McClureLead Independent DirectorProfile
William DunkelbergIndependent DirectorProfile
Ella NeylandChief Operating Officer, DirectorProfile

Additional Tools for Independence Stock Analysis

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