SBGI250321P00012500 Option on Sinclair Broadcast
SBGI Stock | USD 14.55 0.05 0.34% |
SBGI250321P00012500 is a PUT option contract on Sinclair Broadcast's common stock with a strick price of 12.5 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 57 days remaining before the expiration. The option is currently trading at a bid price of $0.4, and an ask price of $0.6. The implied volatility as of the 23rd of January is 57.0.
Sinclair |
A put option written on Sinclair Broadcast becomes more valuable as the price of Sinclair Broadcast drops. Conversely, Sinclair Broadcast's put option loses its value as Sinclair Stock rises.
Rule 16 of 2025-03-21 Option Contract
The options market is anticipating that Sinclair Broadcast Group will have an average daily up or down price movement of about 0.0368% per day over the life of the option. With Sinclair Broadcast trading at USD 14.55, that is roughly USD 0.005353. If you think that the market is fully understating Sinclair Broadcast's daily price movement you should consider buying Sinclair Broadcast Group options at that current volatility level of 0.59%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on Sinclair Broadcast
An 'Out of The Money' option on Sinclair has a strike price that Sinclair 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 Sinclair Broadcast's 'Out of The Money' options include buying the options if you expect a big move in Sinclair Broadcast'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 | SBGI250321P00012500 |
Expires On | 2025-03-21 |
Days Before Expriration | 57 |
Vega | 0.017289 |
Gamma | 0.087324 |
Theoretical Value | 0.5 |
Open Interest | 434 |
Current Trading Volume | 10.0 |
Strike Price | 12.5 |
Last Traded At | 0.5 |
Current Price Spread | 0.4 | 0.6 |
Rule 16 Daily Up or Down | USD 0.005353 |
Sinclair short PUT Option Greeks
Sinclair Broadcast's Option Greeks for the contract ending on 2025-03-21 at a strike price of 12.5 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 Sinclair Broadcast's option greeks, its implied volatility helps estimate the risk of Sinclair Broadcast stock implied by the prices of the options on Sinclair Broadcast's stock.
Delta | -0.224371 | |
Gamma | 0.087324 | |
Theta | -0.008911 | |
Vega | 0.017289 | |
Rho | -0.005942 |
Sinclair long PUT Option Payoff at expiration
Put options written on Sinclair Broadcast grant holders of the option the right to sell a specified amount of Sinclair Broadcast 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 Sinclair Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Sinclair Broadcast is like buying insurance aginst Sinclair Broadcast's downside shift.
Profit |
Sinclair Broadcast Price At Expiration |
Sinclair short PUT Option Payoff at expiration
By selling Sinclair Broadcast's put option, the investors signal their bearish sentiment. A short position in a put option written on Sinclair Broadcast will generally make money when the underlying price is above the strike price. Therefore Sinclair Broadcast's put payoff at expiration depends on where the Sinclair Stock price is relative to the put option strike price. The breakeven price of 12.0 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 Sinclair Broadcast's price. Finally, at the strike price of 12.5, the payoff chart is constant and positive.
Profit |
Sinclair Broadcast Price At Expiration |
Sinclair Broadcast Available Put Options
Sinclair Broadcast's option chain is a display of a range of information that helps investors for ways to trade options on Sinclair. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Sinclair. It also shows strike prices and maturity days for a Sinclair Broadcast 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 | SBGI250321P00005000 | 0 | 5.0 | 0.0 - 0.75 | 0.75 | |
Put | SBGI250321P00007500 | 225 | 7.5 | 0.0 - 0.75 | 0.13 | Out |
Put | SBGI250321P00010000 | 524 | 10.0 | 0.0 - 0.15 | 0.15 | Out |
Put | SBGI250321P00012500 | 434 | 12.5 | 0.4 - 0.6 | 0.5 | Out |
Put | SBGI250321P00015000 | 181 | 15.0 | 1.45 - 1.65 | 1.5 | In |
Put | SBGI250321P00017500 | 43 | 17.5 | 3.2 - 3.7 | 2.45 | In |
Put | SBGI250321P00020000 | 7 | 20.0 | 5.4 - 6.0 | 3.24 | In |
Put | SBGI250321P00022500 | 0 | 22.5 | 7.8 - 8.5 | 7.8 | In |
Put | SBGI250321P00025000 | 0 | 25.0 | 10.2 - 11.0 | 10.2 | In |
Put | SBGI250321P00030000 | 0 | 30.0 | 15.1 - 17.2 | 15.1 | In |
Sinclair Broadcast Corporate Management
Lucy Rutishauser | Sr. VP of Corporate Fin. and Treasurer | Profile | |
Delbert III | Pres Technology | Profile | |
Jeffrey Lewis | VP Officer | Profile | |
Christopher King | Vice Relations | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sinclair Broadcast Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Broadcasting 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 Sinclair Broadcast. If investors know Sinclair 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 Sinclair Broadcast 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 (0.87) | Dividend Share 1 | Earnings Share (3.16) | Revenue Per Share | Quarterly Revenue Growth 0.196 |
The market value of Sinclair Broadcast is measured differently than its book value, which is the value of Sinclair that is recorded on the company's balance sheet. Investors also form their own opinion of Sinclair Broadcast's value that differs from its market value or its book value, called intrinsic value, which is Sinclair Broadcast'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 Sinclair Broadcast's market value can be influenced by many factors that don't directly affect Sinclair Broadcast'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 Sinclair Broadcast's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sinclair Broadcast is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sinclair Broadcast'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.