K250321P00072500 Option on Kellanova

K Stock  USD 81.78  0.22  0.27%   
K250321P00072500 is a PUT option contract on Kellanova's common stock with a strick price of 72.5 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 62 days remaining before the expiration. The option is currently trading at an ask price of $4.9. The implied volatility as of the 18th of January 2025 is 62.0.
  
When exercised, put options on Kellanova produce a short position in Kellanova Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Kellanova's downside price movement.

Rule 16 of 2025-03-21 Option Contract

The options market is anticipating that Kellanova will have an average daily up or down price movement of about 0.0299% per day over the life of the option. With Kellanova trading at USD 81.78, that is roughly USD 0.0245. If you think that the market is fully understating Kellanova's daily price movement you should consider buying Kellanova options at that current volatility level of 0.48%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Kellanova

An 'Out of The Money' option on Kellanova has a strike price that Kellanova 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 Kellanova's 'Out of The Money' options include buying the options if you expect a big move in Kellanova'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.
Put Contract NameK250321P00072500
Expires On2025-03-21
Days Before Expriration62
Vega0.103254
Gamma0.019007
Theoretical Value2.45
Open Interest26
Strike Price72.5
Last Traded At4.6
Current Price Spread0.0 | 4.9
Rule 16 Daily Up or DownUSD 0.0245

Kellanova short PUT Option Greeks

Kellanova's Option Greeks for the contract ending on 2025-03-21 at a strike price of 72.5 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 Kellanova's option greeks, its implied volatility helps estimate the risk of Kellanova stock implied by the prices of the options on Kellanova's stock.
Delta-0.234471
Gamma0.019007
Theta-0.038846
Vega0.103254
Rho-0.032985

Kellanova long PUT Option Payoff at expiration

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

Kellanova short PUT Option Payoff at expiration

By selling Kellanova's put option, the investors signal their bearish sentiment. A short position in a put option written on Kellanova will generally make money when the underlying price is above the strike price. Therefore Kellanova's put payoff at expiration depends on where the Kellanova Stock price is relative to the put option strike price. The breakeven price of 70.05 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 Kellanova's price. Finally, at the strike price of 72.5, the payoff chart is constant and positive.
   Profit   
       Kellanova Price At Expiration  
View All Kellanova Options

Kellanova Available Put Options

Kellanova's option chain is a display of a range of information that helps investors for ways to trade options on Kellanova. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Kellanova. It also shows strike prices and maturity days for a Kellanova 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
K250321P00052500352.50.0 - 4.91.1Out
 Put
K250321P000550001155.00.0 - 4.90.9Out
 Put
K250321P000575001457.50.0 - 4.90.05Out
 Put
K250321P000600001860.00.0 - 4.90.1Out
 Put
K250321P000625008962.50.0 - 2.00.1Out
 Put
K250321P000650005465.00.05 - 0.30.08Out
 Put
K250321P000675001467.50.0 - 4.90.15Out
 Put
K250321P000700002870.00.0 - 4.91.05Out
 Put
K250321P000725002672.50.0 - 4.94.6Out
 Put
K250321P0007500036175.00.0 - 0.450.45Out
 Put
K250321P0007750019077.50.0 - 0.850.05Out
 Put
K250321P0008000032980.00.1 - 0.90.6Out
 Put
K250321P000825001982.50.0 - 2.12.13In
 Put
K250321P00085000085.01.2 - 6.01.2In
 Put
K250321P00087500087.53.7 - 8.53.7In
 Put
K250321P00090000190.06.0 - 10.09.5In
 Put
K250321P00095000095.011.1 - 16.011.1In
 Put
K250321P001000000100.016.4 - 21.016.4In
 Put
K250321P001050000105.021.4 - 26.021.4In
 Put
K250321P001100000110.026.4 - 31.026.4In

Kellanova Corporate Directors

Carter CastIndependent DirectorProfile
Rebecca BousteadDirector PacificProfile
Marcella KainSenior DirectorProfile
James JennessNon-Executive DirectorProfile
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kellanova. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Kellanova Stock please use our How to buy in Kellanova Stock guide.
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Is Packaged Foods & Meats 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 Kellanova. If investors know Kellanova 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 Kellanova 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
0.348
Dividend Share
2.25
Earnings Share
3
Revenue Per Share
37.415
Quarterly Revenue Growth
(0.01)
The market value of Kellanova is measured differently than its book value, which is the value of Kellanova that is recorded on the company's balance sheet. Investors also form their own opinion of Kellanova's value that differs from its market value or its book value, called intrinsic value, which is Kellanova's 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 Kellanova's market value can be influenced by many factors that don't directly affect Kellanova's 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 Kellanova's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kellanova is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kellanova's 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.