PGC250417P00030000 Option on Peapack Gladstone

PGC Stock  USD 31.81  0.42  1.34%   
PGC250417P00030000 is a PUT option contract on Peapack Gladstone's common stock with a strick price of 30.0 expiring on 2025-04-17. The contract was not traded in recent days and, as of today, has 87 days remaining before the expiration. The option is currently trading at an ask price of $5.0. The implied volatility as of the 20th of January is 87.0.
  
A put option written on Peapack Gladstone becomes more valuable as the price of Peapack Gladstone drops. Conversely, Peapack Gladstone's put option loses its value as Peapack Stock rises.

Rule 16 of 2025-04-17 Option Contract

The options market is anticipating that Peapack Gladstone Financial will have an average daily up or down price movement of about 0.0355% per day over the life of the option. With Peapack Gladstone trading at USD 31.81, that is roughly USD 0.0113. If you think that the market is fully understating Peapack Gladstone's daily price movement you should consider buying Peapack Gladstone Financial options at that current volatility level of 0.57%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Peapack Gladstone

An 'Out of The Money' option on Peapack has a strike price that Peapack 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 Peapack Gladstone's 'Out of The Money' options include buying the options if you expect a big move in Peapack Gladstone'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 NamePGC250417P00030000
Expires On2025-04-17
Days Before Expriration87
Vega0.058304
Gamma0.04192
Theoretical Value2.5
Open Interest2
Strike Price30.0
Last Traded At0.9
Current Price Spread0.0 | 5.0
Rule 16 Daily Up or DownUSD 0.0113

Peapack short PUT Option Greeks

Peapack Gladstone's Option Greeks for the contract ending on 2025-04-17 at a strike price of 30.0 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 Peapack Gladstone's option greeks, its implied volatility helps estimate the risk of Peapack Gladstone stock implied by the prices of the options on Peapack Gladstone's stock.
Delta-0.353688
Gamma0.04192
Theta-0.017363
Vega0.058304
Rho-0.0285

Peapack long PUT Option Payoff at expiration

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

Peapack short PUT Option Payoff at expiration

By selling Peapack Gladstone's put option, the investors signal their bearish sentiment. A short position in a put option written on Peapack Gladstone will generally make money when the underlying price is above the strike price. Therefore Peapack Gladstone's put payoff at expiration depends on where the Peapack Stock price is relative to the put option strike price. The breakeven price of 27.5 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 Peapack Gladstone's price. Finally, at the strike price of 30.0, the payoff chart is constant and positive.
   Profit   
       Peapack Gladstone Price At Expiration  
View All Peapack Gladstone Options

Peapack Gladstone Available Put Options

Peapack Gladstone's option chain is a display of a range of information that helps investors for ways to trade options on Peapack. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Peapack. It also shows strike prices and maturity days for a Peapack Gladstone 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
PGC250417P00015000015.00.0 - 2.752.75Out
 Put
PGC250417P00017500017.50.0 - 2.752.75Out
 Put
PGC250417P00020000020.00.0 - 2.752.75Out
 Put
PGC250417P00022500022.50.0 - 5.05.0Out
 Put
PGC250417P00025000025.00.0 - 5.05.0Out
 Put
PGC250417P00030000230.00.0 - 5.00.9Out
 Put
PGC250417P00035000035.02.5 - 6.02.5In
 Put
PGC250417P00040000040.06.2 - 10.56.2In
 Put
PGC250417P00045000045.011.1 - 15.511.1In

Peapack Gladstone Corporate Executives

Elected by the shareholders, the Peapack Gladstone's board of directors comprises two types of representatives: Peapack Gladstone inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Peapack. The board's role is to monitor Peapack Gladstone's management team and ensure that shareholders' interests are well served. Peapack Gladstone's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Peapack Gladstone's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jeffrey CarforaCFO, Chief Accounting Officer, Sr. Executive VP, CFO of Peapack-Gladstone Bank and Sr. Executive VP of Peapack-Gladstone BankProfile
Frank CavallaroSenior CFOProfile
Frank CPASenior CFOProfile
Robert PlanteExecutive COOProfile
When determining whether Peapack Gladstone offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Peapack Gladstone'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 Peapack Gladstone Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Peapack Gladstone Financial Stock:
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Is Regional 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 Peapack Gladstone. If investors know Peapack 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 Peapack Gladstone 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
(0.12)
Dividend Share
0.2
Earnings Share
1.82
Revenue Per Share
11.842
Quarterly Revenue Growth
0.108
The market value of Peapack Gladstone is measured differently than its book value, which is the value of Peapack that is recorded on the company's balance sheet. Investors also form their own opinion of Peapack Gladstone's value that differs from its market value or its book value, called intrinsic value, which is Peapack Gladstone'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 Peapack Gladstone's market value can be influenced by many factors that don't directly affect Peapack Gladstone'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 Peapack Gladstone's value and its price as these two are different measures arrived at by different means. Investors typically determine if Peapack Gladstone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Peapack Gladstone'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.