SPOT250417P00560000 Option on Spotify Technology

SPOT Stock  USD 506.54  5.04  1.00%   
SPOT250417P00560000 is a PUT option contract on Spotify Technology's common stock with a strick price of 560.0 expiring on 2025-04-17. The contract was not traded in recent days and, as of today, has 83 days remaining before the expiration. The option is currently trading at a bid price of $78.9, and an ask price of $81.25. The implied volatility as of the 24th of January is 83.0.
  
When exercised, put options on Spotify Technology produce a short position in Spotify Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Spotify Technology's downside price movement.

Rule 16 of 2025-04-17 Option Contract

The options market is anticipating that Spotify Technology SA will have an average daily up or down price movement of about 0.026% per day over the life of the option. With Spotify Technology trading at USD 506.54, that is roughly USD 0.13. If you think that the market is fully understating Spotify Technology's daily price movement you should consider buying Spotify Technology SA options at that current volatility level of 0.42%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Put Option on Spotify Technology

An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Spotify Technology positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Spotify Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Put Contract NameSPOT250417P00560000
Expires On2025-04-17
Days Before Expriration83
Vega0.819582
Gamma0.003619
Theoretical Value80.08
Open Interest1
Strike Price560.0
Last Traded At103.65
Current Price Spread78.9 | 81.25
Rule 16 Daily Up or DownUSD 0.13

Spotify short PUT Option Greeks

Spotify Technology's Option Greeks for the contract ending on 2025-04-17 at a strike price of 560.0 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 Spotify Technology's option greeks, its implied volatility helps estimate the risk of Spotify Technology stock implied by the prices of the options on Spotify Technology's stock.
Delta-0.699259
Gamma0.003619
Theta-0.166568
Vega0.819582
Rho-0.648665

Spotify long PUT Option Payoff at expiration

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

Spotify short PUT Option Payoff at expiration

By selling Spotify Technology's put option, the investors signal their bearish sentiment. A short position in a put option written on Spotify Technology will generally make money when the underlying price is above the strike price. Therefore Spotify Technology's put payoff at expiration depends on where the Spotify Stock price is relative to the put option strike price. The breakeven price of 479.92 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 Spotify Technology's price. Finally, at the strike price of 560.0, the payoff chart is constant and positive.
   Profit   
       Spotify Technology Price At Expiration  
View All Spotify Technology Options

Spotify Technology Available Put Options

Spotify Technology's option chain is a display of a range of information that helps investors for ways to trade options on Spotify. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Spotify. It also shows strike prices and maturity days for a Spotify Technology 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
SPOT250417P001700001170.00.0 - 0.520.44Out
 Put
SPOT250417P002000002200.00.02 - 0.710.41Out
 Put
SPOT250417P0023000034230.00.06 - 0.850.68Out
 Put
SPOT250417P0024000022240.00.01 - 1.580.61Out
 Put
SPOT250417P0025000041250.00.1 - 0.750.45Out
 Put
SPOT250417P00260000179260.00.01 - 1.241.05Out
 Put
SPOT250417P0027000017270.00.17 - 1.611.15Out
 Put
SPOT250417P0028000012280.00.22 - 1.461.86Out
 Put
SPOT250417P0029000018290.00.28 - 1.331.84Out
 Put
SPOT250417P00300000189300.00.36 - 1.350.92Out
 Put
SPOT250417P0031000015310.00.47 - 1.591.17Out
 Put
SPOT250417P0032000013320.00.61 - 1.661.55Out
 Put
SPOT250417P0033000022330.00.85 - 2.032.15Out
 Put
SPOT250417P0034000053340.01.24 - 2.492.2Out
 Put
SPOT250417P0035000029350.01.92 - 2.853.0Out
 Put
SPOT250417P0036000098360.02.92 - 3.54.12Out
 Put
SPOT250417P0037000049370.04.0 - 4.35.3Out
 Put
SPOT250417P0038000019380.04.95 - 5.254.8Out
 Put
SPOT250417P0039000033390.06.1 - 6.57.52Out
 Put
SPOT250417P0040000079400.07.55 - 7.957.4Out
 Put
SPOT250417P0041000072410.09.15 - 9.78.85Out
 Put
SPOT250417P0042000078420.011.15 - 11.711.25Out
 Put
SPOT250417P0043000090430.013.4 - 14.0513.45Out
 Put
SPOT250417P00440000101440.016.1 - 16.7515.15Out
 Put
SPOT250417P00450000183450.019.1 - 19.816.8Out
 Put
SPOT250417P00460000174460.022.55 - 23.1519.76Out
 Put
SPOT250417P00470000215470.026.3 - 27.1529.2Out
 Put
SPOT250417P00480000115480.030.25 - 31.335.15Out
 Put
SPOT250417P00490000204490.034.95 - 36.035.49Out
 Put
SPOT250417P00500000177500.039.6 - 41.237.83In
 Put
SPOT250417P0052000022520.051.55 - 53.455.1In
 Put
SPOT250417P005400004540.064.25 - 66.8568.05In
 Put
SPOT250417P005600001560.078.9 - 81.25103.65In
 Put
SPOT250417P005800001580.092.8 - 98.2104.65In
 Put
SPOT250417P005900001590.0101.35 - 106.35106.2In
 Put
SPOT250417P006000002600.0109.65 - 115.4114.05In
 Put
SPOT250417P006100001610.0118.9 - 124.05123.25In
 Put
SPOT250417P006300000630.0136.15 - 141.15159.7In
 Put
SPOT250417P006400000640.0145.4 - 152.35145.4In
 Put
SPOT250417P006500001650.0154.75 - 159.95159.4In
 Put
SPOT250417P006600000660.0164.15 - 172.05164.15In
 Put
SPOT250417P006700000670.0173.7 - 179.65173.7In
 Put
SPOT250417P006800000680.0183.3 - 189.5206.2In
 Put
SPOT250417P006900000690.0193.05 - 201.15193.05In
 Put
SPOT250417P007000000700.0202.7 - 209.4202.7In
 Put
SPOT250417P007200000720.0222.65 - 228.7222.65In
 Put
SPOT250417P007400000740.0242.8 - 250.5242.8In

Spotify Technology Corporate Directors

Additional Tools for Spotify Stock Analysis

When running Spotify Technology's price analysis, check to measure Spotify Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Spotify Technology is operating at the current time. Most of Spotify Technology's value examination focuses on studying past and present price action to predict the probability of Spotify Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spotify Technology's price. Additionally, you may evaluate how the addition of Spotify Technology to your portfolios can decrease your overall portfolio volatility.