LHX250417C00200000 Option on L3Harris Technologies

LHX Stock  USD 206.66  2.31  1.11%   
LHX250417C00200000 is a PUT option contract on L3Harris Technologies' common stock with a strick price of 200.0 expiring on 2025-04-17. The contract was not traded in recent days and, as of today, has 69 days remaining before the expiration. The option is currently trading at a bid price of $13.3, and an ask price of $16.2. The implied volatility as of the 7th of February is 69.0.
  
A put option written on L3Harris Technologies becomes more valuable as the price of L3Harris Technologies drops. Conversely, L3Harris Technologies' put option loses its value as L3Harris Stock rises.

Rule 16 of 2025-04-17 Option Contract

The options market is anticipating that L3Harris Technologies will have an average daily up or down price movement of about 0.0158% per day over the life of the option. With L3Harris Technologies trading at USD 206.66, that is roughly USD 0.0327. If you think that the market is fully understating L3Harris Technologies' daily price movement you should consider buying L3Harris Technologies options at that current volatility level of 0.25%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call Option on L3Harris Technologies

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 L3Harris Technologies 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 L3Harris Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract NameLHX250417C00200000
Expires On2025-04-17
Days Before Expriration69
Delta0.683861
Vega0.325203
Gamma0.015135
Theoretical Value14.75
Open Interest2
Strike Price200.0
Last Traded At17.5
Current Price Spread13.3 | 16.2
Rule 16 Daily Up or DownUSD 0.0327

L3Harris short PUT Option Greeks

L3Harris Technologies' Option Greeks for the contract ending on 2025-04-17 at a strike price of 200.0 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 L3Harris Technologies' option greeks, its implied volatility helps estimate the risk of L3Harris Technologies stock implied by the prices of the options on L3Harris Technologies' stock.
Delta0.683861
Gamma0.015135
Theta-0.064651
Vega0.325203
Rho0.249301

L3Harris long PUT Option Payoff at expiration

Put options written on L3Harris Technologies grant holders of the option the right to sell a specified amount of L3Harris Technologies 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 L3Harris Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on L3Harris Technologies is like buying insurance aginst L3Harris Technologies' downside shift.
   Profit   
       L3Harris Technologies Price At Expiration  

L3Harris short PUT Option Payoff at expiration

By selling L3Harris Technologies' put option, the investors signal their bearish sentiment. A short position in a put option written on L3Harris Technologies will generally make money when the underlying price is above the strike price. Therefore L3Harris Technologies' put payoff at expiration depends on where the L3Harris Stock price is relative to the put option strike price. The breakeven price of 214.75 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 L3Harris Technologies' price. Finally, at the strike price of 200.0, the payoff chart is constant and positive.
   Profit   
       L3Harris Technologies Price At Expiration  
View All L3Harris Technologies Options

L3Harris Technologies Available Call Options

L3Harris Technologies' option chain is a display of a range of information that helps investors for ways to trade options on L3Harris. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for L3Harris. It also shows strike prices and maturity days for a L3Harris Technologies 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
LHX250516C001500002150.059.1 - 62.563.0In
Call
LHX250516C001700001170.039.9 - 43.245.88In
Call
LHX250516C001800002180.030.9 - 34.271.77In
Call
LHX250516C001850001185.027.4 - 30.028.33In
Call
LHX250516C00190000110190.023.2 - 26.033.5In
Call
LHX250516C001950001195.019.4 - 20.830.32In
Call
LHX250516C002000006200.015.6 - 18.316.6In
Call
LHX250516C0021000033210.09.2 - 11.510.0Out
Call
LHX250516C0022000090220.05.8 - 6.57.0Out
Call
LHX250516C00230000188230.02.65 - 4.13.8Out
Call
LHX250516C00240000145240.01.2 - 4.01.98Out
Call
LHX250516C00250000158250.01.0 - 2.91.18Out
Call
LHX250516C00260000278260.00.3 - 2.80.8Out
Call
LHX250516C00270000798270.00.4 - 0.90.85Out
Call
LHX250516C00280000131280.00.05 - 2.550.45Out
Call
LHX250516C0029000036290.00.0 - 1.80.41Out
Call
LHX250516C0030000097300.00.0 - 0.50.41Out
Call
LHX250516C003100005310.00.0 - 2.350.78Out
Call
LHX250516C0032000060320.00.0 - 2.30.83Out
Call
LHX250516C003300007330.00.0 - 2.30.35Out
Call
LHX250516C0034000089340.00.0 - 2.30.19Out

L3Harris Technologies Corporate Directors

Robert MillardLead Independent DirectorProfile
Lloyd NewtonIndependent DirectorProfile
Rita LaneIndependent DirectorProfile
Lewis HayIndependent DirectorProfile

Additional Tools for L3Harris Stock Analysis

When running L3Harris Technologies' price analysis, check to measure L3Harris Technologies' 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 L3Harris Technologies is operating at the current time. Most of L3Harris Technologies' value examination focuses on studying past and present price action to predict the probability of L3Harris Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move L3Harris Technologies' price. Additionally, you may evaluate how the addition of L3Harris Technologies to your portfolios can decrease your overall portfolio volatility.