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 51 days remaining before the expiration. The option is currently trading at a bid price of $0.8, and an ask price of $0.95. The implied volatility as of the 25th of February is 51.0.
Seritage |
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 0.0519% per day over the life of the option. With Seritage Growth trading at USD 3.8, that is roughly USD 0.001971. 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 0.83%. 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 Name | SRG250417C00003000 |
Expires On | 2025-04-17 |
Days Before Expriration | 51 |
Delta | 0.811881 |
Vega | 0.003548 |
Gamma | 0.228229 |
Theoretical Value | 0.88 |
Open Interest | 336 |
Current Trading Volume | 1.0 |
Strike Price | 3.0 |
Last Traded At | 0.88 |
Current Price Spread | 0.8 | 0.95 |
Rule 16 Daily Up or Down | USD 0.001971 |
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.
Delta | 0.811881 | |
Gamma | 0.228229 | |
Theta | -0.001954 | |
Vega | 0.003548 | |
Rho | 0.001722 |
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 |
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 3.88 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 |
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 Int | Strike Price | Current Spread | Last Price | |||
Call | SRG250417C00001000 | 0 | 1.0 | 2.7 - 3.5 | 2.7 | In |
Call | SRG250417C00002000 | 0 | 2.0 | 1.7 - 1.95 | 1.7 | In |
Call | SRG250417C00003000 | 336 | 3.0 | 0.8 - 0.95 | 0.88 | In |
Call | SRG250417C00004000 | 289 | 4.0 | 0.15 - 0.3 | 0.21 | Out |
Call | SRG250417C00005000 | 2255 | 5.0 | 0.0 - 0.1 | 0.1 | Out |
Call | SRG250417C00006000 | 1817 | 6.0 | 0.0 - 0.45 | 0.07 | Out |
Call | SRG250417C00007000 | 4 | 7.0 | 0.0 - 0.05 | 0.08 | Out |
Call | SRG250417C00008000 | 5 | 8.0 | 0.0 - 0.05 | 0.1 | Out |
Seritage Growth Corporate Management
Thomas Steinberg | Independent Trustee | Profile | |
Edouard Cuilhe | Chief Accounting Officer | Profile | |
Nino Cammalleri | Senior Counsel | Profile | |
John McClain | Independent Trustee | Profile |
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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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 | Quarterly Revenue Growth (0.44) | Return On Assets |
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.