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.
Simon |
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 Name | SPG250417P00160000 |
Expires On | 2025-04-17 |
Days Before Expriration | 89 |
Vega | 0.250687 |
Gamma | 0.014391 |
Theoretical Value | 2.65 |
Open Interest | 1105 |
Current Trading Volume | 3.0 |
Strike Price | 160.0 |
Last Traded At | 2.65 |
Current Price Spread | 2.05 | 2.8 |
Rule 16 Daily Up or Down | USD 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 | |
Gamma | 0.014391 | |
Theta | -0.03325 | |
Vega | 0.250687 | |
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 |
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 Int | Strike Price | Current Spread | Last Price | |||
Put | SPG250417P00080000 | 7 | 80.0 | 0.0 - 0.2 | 0.1 | Out |
Put | SPG250417P00100000 | 8 | 100.0 | 0.0 - 0.75 | 0.24 | Out |
Put | SPG250417P00105000 | 9 | 105.0 | 0.0 - 0.8 | 1.33 | Out |
Put | SPG250417P00110000 | 11 | 110.0 | 0.05 - 0.8 | 0.35 | Out |
Put | SPG250417P00115000 | 16 | 115.0 | 0.05 - 0.95 | 0.55 | Out |
Put | SPG250417P00120000 | 28 | 120.0 | 0.1 - 0.95 | 0.3 | Out |
Put | SPG250417P00125000 | 26 | 125.0 | 0.1 - 1.65 | 0.9 | Out |
Put | SPG250417P00130000 | 13 | 130.0 | 0.05 - 0.8 | 0.7 | Out |
Put | SPG250417P00135000 | 36 | 135.0 | 0.4 - 0.7 | 0.69 | Out |
Put | SPG250417P00140000 | 157 | 140.0 | 0.65 - 0.8 | 0.9 | Out |
Put | SPG250417P00145000 | 538 | 145.0 | 0.9 - 1.05 | 1.25 | Out |
Put | SPG250417P00150000 | 121 | 150.0 | 0.0 - 1.4 | 1.24 | Out |
Put | SPG250417P00155000 | 83 | 155.0 | 1.4 - 1.95 | 2.45 | Out |
Put | SPG250417P00160000 | 1105 | 160.0 | 2.05 - 2.8 | 2.65 | Out |
Put | SPG250417P00165000 | 99 | 165.0 | 3.7 - 4.0 | 3.63 | Out |
Put | SPG250417P00170000 | 42 | 170.0 | 5.3 - 5.7 | 4.9 | Out |
Put | SPG250417P00175000 | 339 | 175.0 | 7.5 - 9.9 | 8.75 | Out |
Put | SPG250417P00180000 | 263 | 180.0 | 10.3 - 10.8 | 11.1 | In |
Put | SPG250417P00185000 | 88 | 185.0 | 13.6 - 16.0 | 16.0 | In |
Put | SPG250417P00190000 | 100 | 190.0 | 17.1 - 18.3 | 18.0 | In |
Put | SPG250417P00195000 | 0 | 195.0 | 21.3 - 22.6 | 24.2 | In |
Put | SPG250417P00200000 | 2 | 200.0 | 24.9 - 28.8 | 28.8 | In |
Put | SPG250417P00210000 | 2 | 210.0 | 34.5 - 38.5 | 35.0 | In |
Put | SPG250417P00220000 | 0 | 220.0 | 44.4 - 47.9 | 44.4 | In |
Simon Property Corporate Directors
Reuben Leibowitz | Independent Director | Profile | |
Glyn Aeppel | Independent Director | Profile | |
Larry Glasscock | Lead Independent Director | Profile | |
Daniel Smith | Independent Director | Profile |
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 | 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.