SPG250417P00160000 Option on Simon Property Group

SPG Stock  USD 174.14  1.43  0.83%   
SPG250417P00160000 is a PUT option contract on Simon Property's common stock with a strick price of 160.0 expiring on 2025-04-17. The contract was not traded in recent days and, as of today, has 89 days remaining before the expiration. The option is currently trading at a bid price of $2.05, and an ask price of $2.8. The implied volatility as of the 18th of January 2025 is 89.0.
  
When exercised, put options on Simon Property produce a short position in Simon Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Simon Property's downside price movement.

Rule 16 of 2025-04-17 Option Contract

The options market is anticipating that Simon Property Group will have an average daily up or down price movement of about 0.0147% per day over the life of the option. With Simon Property trading at USD 174.14, that is roughly USD 0.0257. If you think that the market is fully understating Simon Property's daily price movement you should consider buying Simon Property Group options at that current volatility level of 0.24%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Simon Property

An 'Out of The Money' option on Simon has a strike price that Simon 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 Simon Property's 'Out of The Money' options include buying the options if you expect a big move in Simon Property'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 NameSPG250417P00160000
Expires On2025-04-17
Days Before Expriration89
Vega0.250687
Gamma0.014391
Theoretical Value2.65
Open Interest1105
Current Trading Volume3.0
Strike Price160.0
Last Traded At2.65
Current Price Spread2.05 | 2.8
Rule 16 Daily Up or DownUSD 0.0257

Simon short PUT Option Greeks

Simon Property's Option Greeks for the contract ending on 2025-04-17 at a strike price of 160.0 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 Simon Property's option greeks, its implied volatility helps estimate the risk of Simon Property stock implied by the prices of the options on Simon Property's stock.
Delta-0.215763
Gamma0.014391
Theta-0.03325
Vega0.250687
Rho-0.091579

Simon long PUT Option Payoff at expiration

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

Simon short PUT Option Payoff at expiration

By selling Simon Property's put option, the investors signal their bearish sentiment. A short position in a put option written on Simon Property will generally make money when the underlying price is above the strike price. Therefore Simon Property's put payoff at expiration depends on where the Simon Stock price is relative to the put option strike price. The breakeven price of 157.35 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 Simon Property's price. Finally, at the strike price of 160.0, the payoff chart is constant and positive.
   Profit   
       Simon Property Price At Expiration  
View All Simon Property Options

Simon Property Group Available Put Options

Simon Property's option chain is a display of a range of information that helps investors for ways to trade options on Simon. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Simon. It also shows strike prices and maturity days for a Simon Property 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
SPG250417P00080000780.00.0 - 0.20.1Out
 Put
SPG250417P001000008100.00.0 - 0.750.24Out
 Put
SPG250417P001050009105.00.0 - 0.81.33Out
 Put
SPG250417P0011000011110.00.05 - 0.80.35Out
 Put
SPG250417P0011500016115.00.05 - 0.950.55Out
 Put
SPG250417P0012000028120.00.1 - 0.950.3Out
 Put
SPG250417P0012500026125.00.1 - 1.650.9Out
 Put
SPG250417P0013000013130.00.05 - 0.80.7Out
 Put
SPG250417P0013500036135.00.4 - 0.70.69Out
 Put
SPG250417P00140000157140.00.65 - 0.80.9Out
 Put
SPG250417P00145000538145.00.9 - 1.051.25Out
 Put
SPG250417P00150000121150.00.0 - 1.41.24Out
 Put
SPG250417P0015500083155.01.4 - 1.952.45Out
 Put
SPG250417P001600001105160.02.05 - 2.82.65Out
 Put
SPG250417P0016500099165.03.7 - 4.03.63Out
 Put
SPG250417P0017000042170.05.3 - 5.74.9Out
 Put
SPG250417P00175000339175.07.5 - 9.98.75Out
 Put
SPG250417P00180000263180.010.3 - 10.811.1In
 Put
SPG250417P0018500088185.013.6 - 16.016.0In
 Put
SPG250417P00190000100190.017.1 - 18.318.0In
 Put
SPG250417P001950000195.021.3 - 22.624.2In
 Put
SPG250417P002000002200.024.9 - 28.828.8In
 Put
SPG250417P002100002210.034.5 - 38.535.0In
 Put
SPG250417P002200000220.044.4 - 47.944.4In

Simon Property Corporate Directors

Reuben LeibowitzIndependent DirectorProfile
Glyn AeppelIndependent DirectorProfile
Larry GlasscockLead Independent DirectorProfile
Daniel SmithIndependent DirectorProfile
When determining whether Simon Property Group is a strong investment it is important to analyze Simon Property'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 Simon Property's future performance. For an informed investment choice regarding Simon Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Simon Property 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 american community survey.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Retail REITs 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 Simon Property. If investors know Simon 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 Simon Property 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
(0.20)
Dividend Share
7.9
Earnings Share
7.58
Revenue Per Share
18.125
Quarterly Revenue Growth
0.049
The market value of Simon Property Group is measured differently than its book value, which is the value of Simon that is recorded on the company's balance sheet. Investors also form their own opinion of Simon Property's value that differs from its market value or its book value, called intrinsic value, which is Simon Property'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 Simon Property's market value can be influenced by many factors that don't directly affect Simon Property'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 Simon Property's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simon Property is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simon Property'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.