L250321C00115000 Option on Loews Corp
L Stock | USD 86.25 0.17 0.20% |
L250321C00115000 is a PUT option contract on Loews Corp's common stock with a strick price of 115.0 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 60 days remaining before the expiration. The option is currently trading at an ask price of $1.35. The implied volatility as of the 20th of January is 60.0.
Loews |
When exercised, put options on Loews Corp produce a short position in Loews Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Loews Corp's downside price movement.
Rule 16 of 2025-03-21 Option Contract
The options market is anticipating that Loews Corp will have an average daily up or down price movement of about 0.0299% per day over the life of the option. With Loews Corp trading at USD 86.25, that is roughly USD 0.0258. If you think that the market is fully understating Loews Corp's daily price movement you should consider buying Loews Corp 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 Call Option on Loews Corp
An 'Out of The Money' option on Loews has a strike price that Loews 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 Loews Corp's 'Out of The Money' options include buying the options if you expect a big move in Loews Corp'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 | L250321C00115000 |
Expires On | 2025-03-21 |
Days Before Expriration | 60 |
Delta | 0.092211 |
Vega | 0.05877 |
Gamma | 0.009732 |
Theoretical Value | 0.68 |
Open Interest | 12 |
Strike Price | 115.0 |
Last Traded At | 0.24 |
Current Price Spread | 0.0 | 1.35 |
Rule 16 Daily Up or Down | USD 0.0258 |
Loews short PUT Option Greeks
Loews Corp's Option Greeks for the contract ending on 2025-03-21 at a strike price of 115.0 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 Loews Corp's option greeks, its implied volatility helps estimate the risk of Loews Corp stock implied by the prices of the options on Loews Corp's stock.
Delta | 0.092211 | |
Gamma | 0.009732 | |
Theta | -0.023462 | |
Vega | 0.05877 | |
Rho | 0.012364 |
Loews long PUT Option Payoff at expiration
Put options written on Loews Corp grant holders of the option the right to sell a specified amount of Loews Corp 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 Loews Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Loews Corp is like buying insurance aginst Loews Corp's downside shift.
Profit |
Loews Corp Price At Expiration |
Loews short PUT Option Payoff at expiration
By selling Loews Corp's put option, the investors signal their bearish sentiment. A short position in a put option written on Loews Corp will generally make money when the underlying price is above the strike price. Therefore Loews Corp's put payoff at expiration depends on where the Loews Stock price is relative to the put option strike price. The breakeven price of 115.68 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 Loews Corp's price. Finally, at the strike price of 115.0, the payoff chart is constant and positive.
Profit |
Loews Corp Price At Expiration |
Loews Corp Available Call Options
Loews Corp's option chain is a display of a range of information that helps investors for ways to trade options on Loews. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Loews. It also shows strike prices and maturity days for a Loews Corp 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 | L250321C00050000 | 2 | 50.0 | 34.5 - 38.8 | 35.58 | In |
Call | L250321C00065000 | 8 | 65.0 | 20.2 - 24.0 | 17.3 | In |
Call | L250321C00070000 | 7 | 70.0 | 15.8 - 19.1 | 17.7 | In |
Call | L250321C00075000 | 9 | 75.0 | 11.1 - 14.0 | 10.46 | In |
Call | L250321C00080000 | 42 | 80.0 | 6.6 - 8.4 | 7.1 | In |
Call | L250321C00085000 | 35 | 85.0 | 2.75 - 4.0 | 3.74 | In |
Call | L250321C00090000 | 9 | 90.0 | 0.0 - 2.05 | 0.8 | Out |
Call | L250321C00095000 | 23 | 95.0 | 0.0 - 1.45 | 0.6 | Out |
Call | L250321C00100000 | 9 | 100.0 | 0.0 - 1.45 | 0.3 | Out |
Call | L250321C00105000 | 12 | 105.0 | 0.0 - 1.4 | 0.82 | Out |
Call | L250321C00110000 | 0 | 110.0 | 0.0 - 1.35 | 1.35 | |
Call | L250321C00115000 | 12 | 115.0 | 0.0 - 1.35 | 0.24 | Out |
Loews Corp Corporate Directors
Philip Laskawy | Independent Director | Profile | |
Charles Diker | Independent Director | Profile | |
Anthony Welters | Independent Director | Profile | |
Ann Berman | Independent Director | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Loews Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Loews Stock please use our How to buy in Loews Stock guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Multi-line Insurance 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 Loews Corp. If investors know Loews 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 Loews Corp 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 0.625 | Dividend Share 0.25 | Earnings Share 7.52 | Revenue Per Share | Quarterly Revenue Growth 0.138 |
The market value of Loews Corp is measured differently than its book value, which is the value of Loews that is recorded on the company's balance sheet. Investors also form their own opinion of Loews Corp's value that differs from its market value or its book value, called intrinsic value, which is Loews Corp'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 Loews Corp's market value can be influenced by many factors that don't directly affect Loews Corp'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 Loews Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Loews Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Loews Corp'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.