SLYV250321C00092000 Option on SPDR SP 600

SLYV Etf  USD 87.19  1.65  1.86%   
SLYV250321C00092000 is a PUT option contract on SPDR SP's common stock with a strick price of 92.0 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 46 days remaining before the expiration. The option is currently trading at a bid price of $0.4, and an ask price of $4.1. The implied volatility as of the 3rd of February is 46.0.
  
When exercised, put options on SPDR SP produce a short position in SPDR Etf. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on SPDR SP's downside price movement.

Rule 16 of 2025-03-21 Option Contract

The options market is anticipating that SPDR SP 600 will have an average daily up or down price movement of about 0.0138% per day over the life of the option. With SPDR SP trading at USD 87.19, that is roughly USD 0.012. If you think that the market is fully understating SPDR SP's daily price movement you should consider buying SPDR SP 600 options at that current volatility level of 0.22%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on SPDR SP

An 'Out of The Money' option on SPDR has a strike price that SPDR Etf 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 SPDR SP's 'Out of The Money' options include buying the options if you expect a big move in SPDR SP'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 NameSLYV250321C00092000
Expires On2025-03-21
Days Before Expriration46
Delta0.425362
Vega0.134018
Gamma0.051709
Theoretical Value2.25
Open Interest5
Strike Price92.0
Last Traded At4.9
Current Price Spread0.4 | 4.1
Rule 16 Daily Up or DownUSD 0.012

SPDR short PUT Option Greeks

SPDR SP's Option Greeks for the contract ending on 2025-03-21 at a strike price of 92.0 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 SPDR SP's option greeks, its implied volatility helps estimate the risk of SPDR SP stock implied by the prices of the options on SPDR SP's stock.
Delta0.425362
Gamma0.051709
Theta-0.030041
Vega0.134018
Rho0.052301

SPDR long PUT Option Payoff at expiration

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

SPDR short PUT Option Payoff at expiration

By selling SPDR SP's put option, the investors signal their bearish sentiment. A short position in a put option written on SPDR SP will generally make money when the underlying price is above the strike price. Therefore SPDR SP's put payoff at expiration depends on where the SPDR Etf price is relative to the put option strike price. The breakeven price of 94.25 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 SPDR SP's price. Finally, at the strike price of 92.0, the payoff chart is constant and positive.
   Profit   
       SPDR SP Price At Expiration  
View All SPDR SP Options

SPDR SP 600 Available Call Options

SPDR SP's option chain is a display of a range of information that helps investors for ways to trade options on SPDR. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for SPDR. It also shows strike prices and maturity days for a SPDR SP 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
SLYV250321C00085000785.04.7 - 8.96.05In
Call
SLYV250321C00086000186.03.8 - 8.16.6In
Call
SLYV250321C00087000387.04.3 - 5.84.13In
Call
SLYV250321C00090000190.01.45 - 5.03.2Out
Call
SLYV250321C00092000592.00.4 - 4.14.9Out
Call
SLYV250321C00094000194.00.0 - 3.21.1Out
Call
SLYV250321C00095000595.00.0 - 2.654.05Out
Call
SLYV250321C00097000097.00.0 - 1.951.95Out
Call
SLYV250321C00098000098.00.0 - 1.651.65Out
Call
SLYV250321C001000000100.00.0 - 1.31.3Out
Call
SLYV250321C001050000105.00.0 - 1.151.15Out
Call
SLYV250321C001100000110.00.0 - 1.051.05Out
Call
SLYV250321C001150000115.00.0 - 1.051.05Out
Call
SLYV250321C001200000120.00.0 - 1.051.05Out
Call
SLYV250321C001250000125.00.0 - 1.051.05Out
Call
SLYV250321C001300000130.00.0 - 1.051.05Out
Call
SLYV250321C001350000135.00.0 - 1.051.05Out
When determining whether SPDR SP 600 is a strong investment it is important to analyze SPDR SP's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SPDR SP's future performance. For an informed investment choice regarding SPDR Etf, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPDR SP 600. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
The market value of SPDR SP 600 is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR SP's value that differs from its market value or its book value, called intrinsic value, which is SPDR SP'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 SPDR SP's market value can be influenced by many factors that don't directly affect SPDR SP'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 SPDR SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SP'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.