SCVL250321C00035000 Option on Shoe Carnival
SCVL Stock | USD 27.75 0.87 3.24% |
SCVL250321C00035000 is a PUT option contract on Shoe Carnival's common stock with a strick price of 35.0 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 50 days remaining before the expiration. The option is currently trading at a bid price of $0.15, and an ask price of $0.2. The implied volatility as of the 30th of January is 50.0.
Shoe |
When exercised, put options on Shoe Carnival produce a short position in Shoe Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Shoe Carnival's downside price movement.
Rule 16 of 2025-03-21 Option Contract
The options market is anticipating that Shoe Carnival will have an average daily up or down price movement of about 0.0288% per day over the life of the option. With Shoe Carnival trading at USD 27.75, that is roughly USD 0.007999. If you think that the market is fully understating Shoe Carnival's daily price movement you should consider buying Shoe Carnival options at that current volatility level of 0.46%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Call Option on Shoe Carnival
An 'Out of The Money' option on Shoe has a strike price that Shoe 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 Shoe Carnival's 'Out of The Money' options include buying the options if you expect a big move in Shoe Carnival'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 Name | SCVL250321C00035000 |
Expires On | 2025-03-21 |
Days Before Expriration | 50 |
Delta | 0.076846 |
Vega | 0.01448 |
Gamma | 0.03109 |
Theoretical Value | 0.15 |
Open Interest | 845 |
Current Trading Volume | 29.0 |
Strike Price | 35.0 |
Last Traded At | 0.15 |
Current Price Spread | 0.15 | 0.2 |
Rule 16 Daily Up or Down | USD 0.007999 |
Shoe short PUT Option Greeks
Shoe Carnival's Option Greeks for the contract ending on 2025-03-21 at a strike price of 35.0 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 Shoe Carnival's option greeks, its implied volatility helps estimate the risk of Shoe Carnival stock implied by the prices of the options on Shoe Carnival's stock.
Delta | 0.076846 | |
Gamma | 0.03109 | |
Theta | -0.006668 | |
Vega | 0.01448 | |
Rho | 0.002677 |
Shoe long PUT Option Payoff at expiration
Put options written on Shoe Carnival grant holders of the option the right to sell a specified amount of Shoe Carnival 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 Shoe Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Shoe Carnival is like buying insurance aginst Shoe Carnival's downside shift.
Profit |
Shoe Carnival Price At Expiration |
Shoe short PUT Option Payoff at expiration
By selling Shoe Carnival's put option, the investors signal their bearish sentiment. A short position in a put option written on Shoe Carnival will generally make money when the underlying price is above the strike price. Therefore Shoe Carnival's put payoff at expiration depends on where the Shoe Stock price is relative to the put option strike price. The breakeven price of 35.15 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 Shoe Carnival's price. Finally, at the strike price of 35.0, the payoff chart is constant and positive.
Profit |
Shoe Carnival Price At Expiration |
Shoe Carnival Available Call Options
Shoe Carnival's option chain is a display of a range of information that helps investors for ways to trade options on Shoe. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Shoe. It also shows strike prices and maturity days for a Shoe Carnival 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 | |||
Call | SCVL250321C00025000 | 5 | 25.0 | 3.1 - 3.4 | 4.5 | In |
Call | SCVL250321C00030000 | 22 | 30.0 | 0.85 - 0.95 | 1.05 | Out |
Call | SCVL250321C00035000 | 845 | 35.0 | 0.15 - 0.2 | 0.15 | Out |
Call | SCVL250321C00040000 | 62 | 40.0 | 0.0 - 0.25 | 0.18 | Out |
Call | SCVL250321C00045000 | 33 | 45.0 | 0.0 - 0.25 | 0.25 | Out |
Call | SCVL250321C00050000 | 97 | 50.0 | 0.0 - 0.1 | 0.08 | Out |
Call | SCVL250321C00055000 | 48 | 55.0 | 0.0 - 0.25 | 0.2 | Out |
Call | SCVL250321C00060000 | 64 | 60.0 | 0.0 - 0.25 | 1.2 | Out |
Call | SCVL250321C00065000 | 0 | 65.0 | 0.0 - 0.25 | 0.25 | |
Call | SCVL250321C00070000 | 0 | 70.0 | 0.0 - 0.25 | 0.25 |
Shoe Carnival Corporate Management
Carl Scibetta | Executive VP and General Merchandise Manager | Profile | |
John Dodson | Senior Operations | Profile | |
Deborah Hannah | Senior Communications | Profile | |
Angela Brawdy | Vice Resources | Profile | |
Terry Clements | Chief VP | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shoe Carnival. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For more information on how to buy Shoe Stock please use our How to buy in Shoe Stock guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Specialty Retail 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 Shoe Carnival. If investors know Shoe 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 Shoe Carnival 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 0.155 | Earnings Share 2.72 | Revenue Per Share | Quarterly Revenue Growth 0.129 | Return On Assets |
The market value of Shoe Carnival is measured differently than its book value, which is the value of Shoe that is recorded on the company's balance sheet. Investors also form their own opinion of Shoe Carnival's value that differs from its market value or its book value, called intrinsic value, which is Shoe Carnival'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 Shoe Carnival's market value can be influenced by many factors that don't directly affect Shoe Carnival'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 Shoe Carnival's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shoe Carnival is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shoe Carnival'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.