MAIN250321C00064400 Option on Main Street Capital

MAIN Stock  USD 62.27  0.83  1.32%   
MAIN250321C00064400 is a PUT option contract on Main Street's common stock with a strick price of 64.4 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 28 days remaining before the expiration. The option is currently trading at a bid price of $0.45, and an ask price of $0.6. The implied volatility as of the 21st of February is 28.0.
  
A put option written on Main Street becomes more valuable as the price of Main Street drops. Conversely, Main Street's put option loses its value as Main Stock rises.

Rule 16 of 2025-03-21 Option Contract

The options market is anticipating that Main Street Capital will have an average daily up or down price movement of about 0.009606% per day over the life of the option. With Main Street trading at USD 62.27, that is roughly USD 0.005982. If you think that the market is fully understating Main Street's daily price movement you should consider buying Main Street Capital options at that current volatility level of 0.15%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on Main Street

An 'Out of The Money' option on Main has a strike price that Main 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 Main Street's 'Out of The Money' options include buying the options if you expect a big move in Main Street'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 NameMAIN250321C00064400
Expires On2025-03-21
Days Before Expriration28
Delta0.297354
Vega0.061197
Gamma0.127364
Theoretical Value0.5
Open Interest461
Current Trading Volume48.0
Strike Price64.4
Last Traded At0.5
Current Price Spread0.45 | 0.6
Rule 16 Daily Up or DownUSD 0.005982

Main short PUT Option Greeks

Main Street's Option Greeks for the contract ending on 2025-03-21 at a strike price of 64.4 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 Main Street's option greeks, its implied volatility helps estimate the risk of Main Street stock implied by the prices of the options on Main Street's stock.
Delta0.297354
Gamma0.127364
Theta-0.017558
Vega0.061197
Rho0.014427

Main long PUT Option Payoff at expiration

Put options written on Main Street grant holders of the option the right to sell a specified amount of Main Street 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 Main Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Main Street is like buying insurance aginst Main Street's downside shift.
   Profit   
Current Price 62.27Strike Price 64.4Break Even 64.9100%
       Main Street Price At Expiration  

Main short PUT Option Payoff at expiration

By selling Main Street's put option, the investors signal their bearish sentiment. A short position in a put option written on Main Street will generally make money when the underlying price is above the strike price. Therefore Main Street's put payoff at expiration depends on where the Main Stock price is relative to the put option strike price. The breakeven price of 64.9 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 Main Street's price. Finally, at the strike price of 64.4, the payoff chart is constant and positive.
   Profit   
       Main Street Price At Expiration  
View All Main Street Options

Main Street Capital Available Call Options

Main Street's option chain is a display of a range of information that helps investors for ways to trade options on Main. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Main. It also shows strike prices and maturity days for a Main Street 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
MAIN250417C00045000045.016.4 - 19.316.4In
Call
MAIN250417C00050000050.011.1 - 14.711.1In
Call
MAIN250417C00055000055.06.1 - 9.06.1In
Call
MAIN250417C00060000060.02.65 - 5.22.65In
Call
MAIN250417C00065000065.00.0 - 0.950.95Out
Call
MAIN250417C00070000070.00.0 - 0.30.2Out
Call
MAIN250417C00075000075.00.0 - 2.152.15Out
Call
MAIN250417C00080000080.00.0 - 2.152.15Out
Call
MAIN250417C00085000085.00.0 - 2.152.15Out
Call
MAIN250417C00090000090.00.0 - 2.152.15Out

Main Street Corporate Directors

When determining whether Main Street Capital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Main Street's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Main Street Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Main Street Capital Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Main Street Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Asset Management & Custody Banks 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 Main Street. If investors know Main 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 Main Street 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
0.139
Dividend Share
2.88
Earnings Share
5.53
Revenue Per Share
6.175
Quarterly Revenue Growth
0.11
The market value of Main Street Capital is measured differently than its book value, which is the value of Main that is recorded on the company's balance sheet. Investors also form their own opinion of Main Street's value that differs from its market value or its book value, called intrinsic value, which is Main Street'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 Main Street's market value can be influenced by many factors that don't directly affect Main Street'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 Main Street's value and its price as these two are different measures arrived at by different means. Investors typically determine if Main Street is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Main Street'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.
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