SRG250417C00003000 Option on Seritage Growth Prop

SRG Stock  USD 3.80  0.05  1.30%   
SRG250417C00003000 is a PUT option contract on Seritage Growth's common stock with a strick price of 3.0 expiring on 2025-04-17. The contract was not traded in recent days and, as of today, has 52 days remaining before the expiration. The option is currently trading at a bid price of $0.85, and an ask price of $1.05. The implied volatility as of the 24th of February is 52.0.
  
When exercised, put options on Seritage Growth produce a short position in Seritage Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Seritage Growth's downside price movement.

Rule 16 of 2025-04-17 Option Contract

The options market is anticipating that Seritage Growth Properties will have an average daily up or down price movement of about 0.0561% per day over the life of the option. With Seritage Growth trading at USD 3.8, that is roughly USD 0.002131. If you think that the market is fully understating Seritage Growth's daily price movement you should consider buying Seritage Growth Properties options at that current volatility level of 0.9%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call Option on Seritage Growth

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 Seritage Growth 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 Seritage Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract NameSRG250417C00003000
Expires On2025-04-17
Days Before Expriration52
Delta0.801861
Vega0.003807
Gamma0.209851
Theoretical Value0.95
Open Interest336
Strike Price3.0
Last Traded At0.73
Current Price Spread0.85 | 1.05
Rule 16 Daily Up or DownUSD 0.002131

Seritage short PUT Option Greeks

Seritage Growth's Option Greeks for the contract ending on 2025-04-17 at a strike price of 3.0 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 Seritage Growth's option greeks, its implied volatility helps estimate the risk of Seritage Growth stock implied by the prices of the options on Seritage Growth's stock.
Delta0.801861
Gamma0.209851
Theta-0.00222
Vega0.003807
Rho0.001883

Seritage long PUT Option Payoff at expiration

Put options written on Seritage Growth grant holders of the option the right to sell a specified amount of Seritage Growth 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 Seritage Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Seritage Growth is like buying insurance aginst Seritage Growth's downside shift.
   Profit   
Strike Price 3Current Price 3.8Break Even 3.95Break Even 3.95100%
       Seritage Growth Price At Expiration  

Seritage short PUT Option Payoff at expiration

By selling Seritage Growth's put option, the investors signal their bearish sentiment. A short position in a put option written on Seritage Growth will generally make money when the underlying price is above the strike price. Therefore Seritage Growth's put payoff at expiration depends on where the Seritage Stock price is relative to the put option strike price. The breakeven price of 3.95 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 Seritage Growth's price. Finally, at the strike price of 3.0, the payoff chart is constant and positive.
   Profit   
       Seritage Growth Price At Expiration  
View All Seritage Growth Options

Seritage Growth Prop Available Call Options

Seritage Growth's option chain is a display of a range of information that helps investors for ways to trade options on Seritage. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Seritage. It also shows strike prices and maturity days for a Seritage Growth 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
SRG250417C0000100001.02.8 - 3.02.8In
Call
SRG250417C0000200002.01.8 - 2.01.8In
Call
SRG250417C000030003363.00.85 - 1.050.73In
Call
SRG250417C000040002894.00.15 - 0.30.2Out
Call
SRG250417C0000500022555.00.0 - 0.10.1Out
Call
SRG250417C0000600018176.00.0 - 0.450.07Out
Call
SRG250417C0000700047.00.0 - 0.250.08Out
Call
SRG250417C0000800058.00.0 - 0.450.1Out

Seritage Growth Corporate Management

Thomas SteinbergIndependent TrusteeProfile
Edouard CuilheChief Accounting OfficerProfile
Nino CammalleriSenior CounselProfile
John McClainIndependent TrusteeProfile
When determining whether Seritage Growth Prop is a strong investment it is important to analyze Seritage Growth'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 Seritage Growth's future performance. For an informed investment choice regarding Seritage 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 Seritage Growth Properties. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Real Estate Management & Development 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 Seritage Growth. If investors know Seritage 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 Seritage Growth 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
(0.98)
Earnings Share
(2.55)
Revenue Per Share
1.002
Quarterly Revenue Growth
(0.44)
Return On Assets
(0.02)
The market value of Seritage Growth Prop is measured differently than its book value, which is the value of Seritage that is recorded on the company's balance sheet. Investors also form their own opinion of Seritage Growth's value that differs from its market value or its book value, called intrinsic value, which is Seritage Growth'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 Seritage Growth's market value can be influenced by many factors that don't directly affect Seritage Growth'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 Seritage Growth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Seritage Growth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Seritage Growth'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.
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