OUT250321P00018000 Option on Outfront Media
OUT Stock | USD 18.91 1.26 7.14% |
OUT250321P00018000 is a PUT option contract on Outfront Media's common stock with a strick price of 18.0 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 58 days remaining before the expiration. The option is currently trading at an ask price of $3.1. The implied volatility as of the 22nd of January is 58.0.
Outfront |
When exercised, put options on Outfront Media produce a short position in Outfront Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Outfront Media's downside price movement.
Rule 16 of 2025-03-21 Option Contract
The options market is anticipating that Outfront Media will have an average daily up or down price movement of about 0.0379% per day over the life of the option. With Outfront Media trading at USD 18.91, that is roughly USD 0.007165. If you think that the market is fully understating Outfront Media's daily price movement you should consider buying Outfront Media options at that current volatility level of 0.61%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on Outfront Media
An 'Out of The Money' option on Outfront has a strike price that Outfront 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 Outfront Media's 'Out of The Money' options include buying the options if you expect a big move in Outfront Media'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 | OUT250321P00018000 |
Expires On | 2025-03-21 |
Days Before Expriration | 58 |
Vega | 0.028654 |
Gamma | 0.083283 |
Theoretical Value | 1.55 |
Open Interest | 30 |
Strike Price | 18.0 |
Last Traded At | 1.0 |
Current Price Spread | 0.0 | 3.1 |
Rule 16 Daily Up or Down | USD 0.007165 |
Outfront short PUT Option Greeks
Outfront Media's Option Greeks for the contract ending on 2025-03-21 at a strike price of 18.0 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 Outfront Media's option greeks, its implied volatility helps estimate the risk of Outfront Media stock implied by the prices of the options on Outfront Media's stock.
Delta | -0.403874 | |
Gamma | 0.083283 | |
Theta | -0.016693 | |
Vega | 0.028654 | |
Rho | -0.014739 |
Outfront long PUT Option Payoff at expiration
Put options written on Outfront Media grant holders of the option the right to sell a specified amount of Outfront Media 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 Outfront Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Outfront Media is like buying insurance aginst Outfront Media's downside shift.
Profit |
Outfront Media Price At Expiration |
Outfront short PUT Option Payoff at expiration
By selling Outfront Media's put option, the investors signal their bearish sentiment. A short position in a put option written on Outfront Media will generally make money when the underlying price is above the strike price. Therefore Outfront Media's put payoff at expiration depends on where the Outfront Stock price is relative to the put option strike price. The breakeven price of 16.45 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 Outfront Media's price. Finally, at the strike price of 18.0, the payoff chart is constant and positive.
Profit |
Outfront Media Price At Expiration |
Outfront Media Available Put Options
Outfront Media's option chain is a display of a range of information that helps investors for ways to trade options on Outfront. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Outfront. It also shows strike prices and maturity days for a Outfront Media 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 | OUT250321P00015000 | 2 | 15.0 | 0.0 - 0.5 | 0.25 | Out |
Put | OUT250321P00016000 | 2 | 16.0 | 0.0 - 0.65 | 0.6 | Out |
Put | OUT250321P00017000 | 8 | 17.0 | 0.1 - 0.85 | 0.87 | Out |
Put | OUT250321P00018000 | 30 | 18.0 | 0.0 - 3.1 | 1.0 | Out |
Put | OUT250321P00019000 | 0 | 19.0 | 0.8 - 1.7 | 2.3 | In |
Put | OUT250321P00020000 | 0 | 20.0 | 1.3 - 2.5 | 4.0 | In |
Put | OUT250321P00021000 | 0 | 21.0 | 2.5 - 3.2 | 2.5 | In |
Put | OUT250321P00022000 | 0 | 22.0 | 2.9 - 3.9 | 2.9 | In |
Put | OUT250321P00023000 | 0 | 23.0 | 4.2 - 5.1 | 4.2 | In |
Put | OUT250321P00024000 | 0 | 24.0 | 4.8 - 6.1 | 4.8 | In |
Put | OUT250321P00025000 | 0 | 25.0 | 6.0 - 6.7 | 6.0 | In |
Put | OUT250321P00030000 | 0 | 30.0 | 10.2 - 12.7 | 10.2 | In |
Put | OUT250321P00035000 | 0 | 35.0 | 14.5 - 18.1 | 14.5 | In |
Outfront Media Corporate Directors
Angela Courtin | Independent Director | Profile | |
Joseph Wender | Lead Independent Director | Profile | |
Manuel Diaz | Independent Director | Profile | |
Peter Mathes | Independent Director | Profile |
Additional Tools for Outfront Stock Analysis
When running Outfront Media's price analysis, check to measure Outfront Media'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 Outfront Media is operating at the current time. Most of Outfront Media's value examination focuses on studying past and present price action to predict the probability of Outfront Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Outfront Media's price. Additionally, you may evaluate how the addition of Outfront Media to your portfolios can decrease your overall portfolio volatility.