LLY250110P00730000 Option on Eli Lilly
LLY Stock | USD 765.10 16.88 2.16% |
LLY250110P00730000 is a PUT option contract on Eli Lilly's common stock with a strick price of 730.0 expiring on 2025-01-10. The contract was not traded in recent days and, as of today, has 3 days remaining before the expiration. The option is currently trading at a bid price of $8.4, and an ask price of $12.25. The implied volatility as of the 7th of January is 3.0.
Eli |
A put option written on Eli Lilly becomes more valuable as the price of Eli Lilly drops. Conversely, Eli Lilly's put option loses its value as Eli Stock rises.
Rule 16 of 2025-01-10 Option Contract
The options market is anticipating that Eli Lilly and will have an average daily up or down price movement of about 0.0213% per day over the life of the option. With Eli Lilly trading at USD 765.1, that is roughly USD 0.16. If you think that the market is fully understating Eli Lilly's daily price movement you should consider buying Eli Lilly and options at that current volatility level of 0.34%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on Eli Lilly
An 'Out of The Money' option on Eli has a strike price that Eli 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 Eli Lilly's 'Out of The Money' options include buying the options if you expect a big move in Eli Lilly'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 Name | LLY250110P00730000 |
Expires On | 2025-01-10 |
Days Before Expriration | 3 |
Vega | 0.744027 |
Gamma | 0.003088 |
Theoretical Value | 10.62 |
Open Interest | 7 |
Current Trading Volume | 1.0 |
Strike Price | 730.0 |
Last Traded At | 10.62 |
Current Price Spread | 8.4 | 12.25 |
Rule 16 Daily Up or Down | USD 0.16 |
Eli short PUT Option Greeks
Eli Lilly's Option Greeks for the contract ending on 2025-01-10 at a strike price of 730.0 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 Eli Lilly's option greeks, its implied volatility helps estimate the risk of Eli Lilly stock implied by the prices of the options on Eli Lilly's stock.
Delta | -0.199164 | |
Gamma | 0.003088 | |
Theta | -0.291531 | |
Vega | 0.744027 | |
Rho | -0.170607 |
Eli long PUT Option Payoff at expiration
Put options written on Eli Lilly grant holders of the option the right to sell a specified amount of Eli Lilly 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 Eli Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Eli Lilly is like buying insurance aginst Eli Lilly's downside shift.
Profit |
Eli Lilly Price At Expiration |
Eli short PUT Option Payoff at expiration
By selling Eli Lilly's put option, the investors signal their bearish sentiment. A short position in a put option written on Eli Lilly will generally make money when the underlying price is above the strike price. Therefore Eli Lilly's put payoff at expiration depends on where the Eli Stock price is relative to the put option strike price. The breakeven price of 719.38 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 Eli Lilly's price. Finally, at the strike price of 730.0, the payoff chart is constant and positive.
Profit |
Eli Lilly Price At Expiration |
Eli Lilly Available Put Options
Eli Lilly's option chain is a display of a range of information that helps investors for ways to trade options on Eli. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Eli. It also shows strike prices and maturity days for a Eli Lilly 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 | |||
Put | LLY250110P00480000 | 0 | 480.0 | 0.0 - 4.35 | 4.35 | |
Put | LLY250110P00490000 | 0 | 490.0 | 0.0 - 4.35 | 4.35 | |
Put | LLY250110P00500000 | 0 | 500.0 | 0.0 - 4.35 | 4.35 | |
Put | LLY250110P00510000 | 0 | 510.0 | 0.0 - 4.4 | 4.4 | |
Put | LLY250110P00520000 | 0 | 520.0 | 0.0 - 4.4 | 4.4 | |
Put | LLY250110P00530000 | 0 | 530.0 | 0.0 - 4.45 | 4.45 | |
Put | LLY250110P00540000 | 0 | 540.0 | 0.0 - 4.45 | 4.45 | |
Put | LLY250110P00550000 | 0 | 550.0 | 0.0 - 1.1 | 1.1 | |
Put | LLY250110P00560000 | 0 | 560.0 | 0.0 - 4.55 | 4.55 | |
Put | LLY250110P00570000 | 0 | 570.0 | 0.0 - 4.6 | 4.6 | |
Put | LLY250110P00725000 | 1 | 725.0 | 6.55 - 10.15 | 10.8 | Out |
Put | LLY250110P00730000 | 7 | 730.0 | 8.4 - 12.25 | 10.62 | Out |
Put | LLY250110P00735000 | 1 | 735.0 | 8.4 - 13.7 | 11.69 | Out |
Put | LLY250110P00740000 | 2 | 740.0 | 9.7 - 15.25 | 15.02 | Out |
Put | LLY250110P00760000 | 1 | 760.0 | 14.45 - 21.25 | 20.92 | Out |
Put | LLY250110P00765000 | 1 | 765.0 | 15.65 - 22.5 | 22.79 | Out |
Put | LLY250110P00770000 | 2 | 770.0 | 18.65 - 24.5 | 25.53 | Out |
Put | LLY250110P00785000 | 2 | 785.0 | 23.8 - 30.3 | 32.88 | Out |
Put | LLY250110P00790000 | 2 | 790.0 | 25.85 - 32.25 | 34.92 | Out |
Eli Lilly Corporate Directors
Kathi Seifert | Independent Director | Profile | |
Jamere Jackson | Independent Director | Profile | |
Juan Luciano | Lead Independent Director | Profile | |
Gabrielle Sulzberger | Independent Director | Profile |
Additional Tools for Eli Stock Analysis
When running Eli Lilly's price analysis, check to measure Eli Lilly'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 Eli Lilly is operating at the current time. Most of Eli Lilly's value examination focuses on studying past and present price action to predict the probability of Eli Lilly's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eli Lilly's price. Additionally, you may evaluate how the addition of Eli Lilly to your portfolios can decrease your overall portfolio volatility.