PRU250321C00120000 Option on Prudential Financial

PRU Stock  USD 113.52  0.54  0.47%   
PRU250321C00120000 is a PUT option contract on Prudential Financial's common stock with a strick price of 120.0 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 42 days remaining before the expiration. The option is currently trading at a bid price of $0.8, and an ask price of $0.95. The implied volatility as of the 7th of February is 42.0.
  
When exercised, put options on Prudential Financial produce a short position in Prudential Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Prudential Financial's downside price movement.

Rule 16 of 2025-03-21 Option Contract

The options market is anticipating that Prudential Financial will have an average daily up or down price movement of about 0.0119% per day over the life of the option. With Prudential Financial trading at USD 113.52, that is roughly USD 0.0136. If you think that the market is fully understating Prudential Financial's daily price movement you should consider buying Prudential Financial options at that current volatility level of 0.19%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on Prudential Financial

An 'Out of The Money' option on Prudential has a strike price that Prudential 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 Prudential Financial's 'Out of The Money' options include buying the options if you expect a big move in Prudential Financial'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 NamePRU250321C00120000
Expires On2025-03-21
Days Before Expriration42
Delta0.206388
Vega0.110942
Gamma0.038258
Theoretical Value0.84
Open Interest921
Current Trading Volume145.0
Strike Price120.0
Last Traded At0.84
Current Price Spread0.8 | 0.95
Rule 16 Daily Up or DownUSD 0.0136

Prudential short PUT Option Greeks

Prudential Financial's Option Greeks for the contract ending on 2025-03-21 at a strike price of 120.0 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 Prudential Financial's option greeks, its implied volatility helps estimate the risk of Prudential Financial stock implied by the prices of the options on Prudential Financial's stock.
Delta0.206388
Gamma0.038258
Theta-0.024489
Vega0.110942
Rho0.024397

Prudential long PUT Option Payoff at expiration

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

Prudential short PUT Option Payoff at expiration

By selling Prudential Financial's put option, the investors signal their bearish sentiment. A short position in a put option written on Prudential Financial will generally make money when the underlying price is above the strike price. Therefore Prudential Financial's put payoff at expiration depends on where the Prudential Stock price is relative to the put option strike price. The breakeven price of 120.84 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 Prudential Financial's price. Finally, at the strike price of 120.0, the payoff chart is constant and positive.
   Profit   
       Prudential Financial Price At Expiration  
View All Prudential Financial Options

Prudential Financial Available Call Options

Prudential Financial's option chain is a display of a range of information that helps investors for ways to trade options on Prudential. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Prudential. It also shows strike prices and maturity days for a Prudential Financial 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
PRU250321C00080000180.031.7 - 35.539.0In
Call
PRU250321C000950001195.018.0 - 19.231.9In
Call
PRU250321C00097500297.515.1 - 16.916.9In
Call
PRU250321C0010000017100.013.2 - 13.913.15In
Call
PRU250321C0010500041105.08.9 - 9.28.3In
Call
PRU250321C00110000244110.04.9 - 5.25.0In
Call
PRU250321C001150001320115.02.3 - 2.42.3Out
Call
PRU250321C00120000921120.00.8 - 0.950.84Out
Call
PRU250321C001250001206125.00.25 - 0.350.3Out
Call
PRU250321C001300001655130.00.1 - 0.150.14Out
Call
PRU250321C00135000922135.00.05 - 0.250.06Out
Call
PRU250321C00140000320140.00.0 - 0.350.05Out
Call
PRU250321C0014500095145.00.0 - 0.750.18Out
Call
PRU250321C0015000047150.00.0 - 0.250.2Out
Call
PRU250321C0015500018155.00.0 - 0.750.4Out
Call
PRU250321C0016000016160.00.0 - 0.750.1Out
Call
PRU250321C001650000165.00.0 - 0.750.75Out
Call
PRU250321C001700000170.00.0 - 0.050.05Out
Call
PRU250321C001750000175.00.0 - 0.750.75Out
Call
PRU250321C001800000180.00.0 - 0.750.75Out
Call
PRU250321C001850000185.00.0 - 0.750.75Out

Prudential Financial Corporate Directors

George PazIndependent DirectorProfile
Michael TodmanIndependent DirectorProfile
Thomas BaltimoreLead Independent DirectorProfile
Gilbert CasellasIndependent DirectorProfile

Additional Tools for Prudential Stock Analysis

When running Prudential Financial's price analysis, check to measure Prudential Financial'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 Prudential Financial is operating at the current time. Most of Prudential Financial's value examination focuses on studying past and present price action to predict the probability of Prudential Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prudential Financial's price. Additionally, you may evaluate how the addition of Prudential Financial to your portfolios can decrease your overall portfolio volatility.