MLPX250321P00059000 Option on Global X MLP

MLPX Etf  USD 62.61  1.89  2.93%   
MLPX250321P00059000 is a PUT option contract on Global X's common stock with a strick price of 59.0 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 48 days remaining before the expiration. The option is currently trading at an ask price of $1.1. The implied volatility as of the 1st of February is 48.0.
  
A put option written on Global X becomes more valuable as the price of Global X drops. Conversely, Global X's put option loses its value as Global Etf rises.

Rule 16 of 2025-03-21 Option Contract

The options market is anticipating that Global X MLP will have an average daily up or down price movement of about 0.0136% per day over the life of the option. With Global X trading at USD 62.61, that is roughly USD 0.008484. If you think that the market is fully understating Global X's daily price movement you should consider buying Global X MLP options at that current volatility level of 0.22%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Global X

An 'Out of The Money' option on Global has a strike price that Global Etf 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 Global X's 'Out of The Money' options include buying the options if you expect a big move in Global X'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 NameMLPX250321P00059000
Expires On2025-03-21
Days Before Expriration48
Vega0.062572
Gamma0.056413
Theoretical Value0.55
Open Interest1
Strike Price59.0
Last Traded At2.45
Current Price Spread0.0 | 1.1
Rule 16 Daily Up or DownUSD 0.008484

Global short PUT Option Greeks

Global X's Option Greeks for the contract ending on 2025-03-21 at a strike price of 59.0 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.
Delta-0.19516
Gamma0.056413
Theta-0.01275
Vega0.062572
Rho-0.014867

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 58.45 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 59.0, the payoff chart is constant and positive.
   Profit   
       Global X Price At Expiration  
View All Global X Options

Global X MLP Available Put 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
 Put
MLPX250321P00049000249.00.0 - 1.10.5Out
 Put
MLPX250321P00058000158.00.0 - 0.951.96Out
 Put
MLPX250321P00059000159.00.0 - 1.12.45Out
 Put
MLPX250321P00060000160.00.0 - 1.10.6Out
 Put
MLPX250321P00061000061.00.15 - 2.00.15Out
 Put
MLPX250321P00062000062.00.5 - 2.050.5Out
 Put
MLPX250321P000630001063.01.05 - 2.41.15In
 Put
MLPX250321P00064000064.01.7 - 3.11.7In
 Put
MLPX250321P00065000165.02.45 - 4.70.96In
 Put
MLPX250321P00066000066.03.3 - 5.03.3In
 Put
MLPX250321P00067000167.03.8 - 6.22.4In
 Put
MLPX250321P00068000068.05.2 - 6.85.2In
 Put
MLPX250321P00069000069.06.1 - 7.76.1In
 Put
MLPX250321P00070000070.06.1 - 8.66.1In
When determining whether Global X MLP offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Global X'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 Global X Mlp Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Global X Mlp Etf:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Global X MLP. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
The market value of Global X MLP 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.