LIT250417C00037000 Option on Global X Lithium

LIT Etf  USD 40.57  0.17  0.42%   
LIT250417C00037000 is a PUT option contract on Global X's common stock with a strick price of 37.0 expiring on 2025-04-17. The contract was not traded in recent days and, as of today, has 45 days remaining before the expiration. The option is currently trading at a bid price of $2.5, and an ask price of $5.8. The implied volatility as of the 3rd of March is 45.0.
  
When exercised, put options on Global X produce a short position in Global Etf. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Global X's downside price movement.

Rule 16 of 2025-04-17 Option Contract

The options market is anticipating that Global X Lithium will have an average daily up or down price movement of about 0.0152% per day over the life of the option. With Global X trading at USD 40.57, that is roughly USD 0.006174. If you think that the market is fully understating Global X's daily price movement you should consider buying Global X Lithium options at that current volatility level of 0.24%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call Option on Global X

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 Global X 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 Global Etf have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract NameLIT250417C00037000
Expires On2025-04-17
Days Before Expriration45
Delta0.886822
Vega0.028056
Gamma0.0539
Theoretical Value4.15
Open Interest15
Strike Price37.0
Last Traded At5.3
Current Price Spread2.5 | 5.8
Rule 16 Daily Up or DownUSD 0.006174

Global short PUT Option Greeks

Global X's Option Greeks for the contract ending on 2025-04-17 at a strike price of 37.0 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 Global X's option greeks, its implied volatility helps estimate the risk of Global X stock implied by the prices of the options on Global X's stock.
Delta0.886822
Gamma0.0539
Theta-0.01108
Vega0.028056
Rho0.041179

Global long PUT Option Payoff at expiration

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

Global short PUT Option Payoff at expiration

By selling Global X's put option, the investors signal their bearish sentiment. A short position in a put option written on Global X will generally make money when the underlying price is above the strike price. Therefore Global X's put payoff at expiration depends on where the Global Etf price is relative to the put option strike price. The breakeven price of 41.15 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 Global X's price. Finally, at the strike price of 37.0, the payoff chart is constant and positive.
   Profit   
       Global X Price At Expiration  
View All Global X Options

Global X Lithium Available Call Options

Global X's option chain is a display of a range of information that helps investors for ways to trade options on Global. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Global. It also shows strike prices and maturity days for a Global X 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
LIT250417C00030000430.09.9 - 12.216.75In
Call
LIT250417C00035000335.05.1 - 7.49.6In
Call
LIT250417C000370001537.02.5 - 5.85.3In
Call
LIT250417C000380001238.02.0 - 5.96.18In
Call
LIT250417C00039000239.02.55 - 2.83.1In
Call
LIT250417C0004000017140.01.95 - 2.12.1In
Call
LIT250417C00041000641.01.45 - 1.61.44Out
Call
LIT250417C0004200058642.01.05 - 1.21.2Out
Call
LIT250417C0004300016343.00.7 - 0.90.84Out
Call
LIT250417C000440004444.00.55 - 0.851.1Out
Call
LIT250417C0004500080045.00.35 - 0.450.7Out
Call
LIT250417C000460003646.00.25 - 0.40.45Out
Call
LIT250417C000470007947.00.0 - 0.450.64Out
Call
LIT250417C000480006548.00.0 - 2.50.41Out
Call
LIT250417C000490001249.00.0 - 0.30.51Out
Call
LIT250417C00050000100350.00.05 - 0.20.09Out
Call
LIT250417C000510008451.00.0 - 0.550.55Out
Call
LIT250417C000520003952.00.0 - 1.00.2Out
Call
LIT250417C00053000553.00.0 - 1.750.19Out
Call
LIT250417C00054000354.00.0 - 1.751.26Out
Call
LIT250417C000550002955.00.0 - 0.30.26Out
Call
LIT250417C00056000056.00.0 - 2.152.15Out
Call
LIT250417C00057000057.00.0 - 0.750.75Out
Call
LIT250417C00058000358.00.0 - 0.750.4Out
Call
LIT250417C000590001059.00.0 - 0.750.07Out
Call
LIT250417C00060000560.00.0 - 0.750.1Out
Call
LIT250417C000650002465.00.0 - 1.750.43Out
Call
LIT250417C00070000570.00.0 - 0.750.56Out
When determining whether Global X Lithium is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Global Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Global X Lithium Etf. Highlighted below are key reports to facilitate an investment decision about Global X Lithium Etf:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Global X Lithium. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
The market value of Global X Lithium is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global X's value that differs from its market value or its book value, called intrinsic value, which is Global X'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 Global X's market value can be influenced by many factors that don't directly affect Global X'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 Global X's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global X'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.