TRIP250321P00020000 Option on TripAdvisor
TRIP Stock | USD 14.45 0.46 3.09% |
TRIP250321P00020000 is a PUT option contract on TripAdvisor's common stock with a strick price of 20.0 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 21 days remaining before the expiration. The option is currently trading at a bid price of $5.4, and an ask price of $5.6. The implied volatility as of the 28th of February is 21.0.
TripAdvisor |
When exercised, put options on TripAdvisor produce a short position in TripAdvisor Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on TripAdvisor's downside price movement.
Rule 16 of 2025-03-21 Option Contract
The options market is anticipating that TripAdvisor will have an average daily up or down price movement of about 0.0515% per day over the life of the option. With TripAdvisor trading at USD 14.45, that is roughly USD 0.007444. If you think that the market is fully understating TripAdvisor's daily price movement you should consider buying TripAdvisor options at that current volatility level of 0.82%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Put Option on TripAdvisor
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 TripAdvisor 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 TripAdvisor 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 Name | TRIP250321P00020000 |
Expires On | 2025-03-21 |
Days Before Expriration | 21 |
Vega | 0.004208 |
Gamma | 0.042485 |
Theoretical Value | 5.6 |
Open Interest | 33 |
Strike Price | 20.0 |
Last Traded At | 2.9 |
Current Price Spread | 5.4 | 5.6 |
Rule 16 Daily Up or Down | USD 0.007444 |
TripAdvisor short PUT Option Greeks
TripAdvisor's Option Greeks for the contract ending on 2025-03-21 at a strike price of 20.0 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 TripAdvisor's option greeks, its implied volatility helps estimate the risk of TripAdvisor stock implied by the prices of the options on TripAdvisor's stock.
Delta | -0.939213 | |
Gamma | 0.042485 | |
Theta | -0.006822 | |
Vega | 0.004208 | |
Rho | -0.005376 |
TripAdvisor long PUT Option Payoff at expiration
Put options written on TripAdvisor grant holders of the option the right to sell a specified amount of TripAdvisor 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 TripAdvisor Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on TripAdvisor is like buying insurance aginst TripAdvisor's downside shift.
Profit |
TripAdvisor Price At Expiration |
TripAdvisor short PUT Option Payoff at expiration
By selling TripAdvisor's put option, the investors signal their bearish sentiment. A short position in a put option written on TripAdvisor will generally make money when the underlying price is above the strike price. Therefore TripAdvisor's put payoff at expiration depends on where the TripAdvisor Stock price is relative to the put option strike price. The breakeven price of 14.4 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 TripAdvisor's price. Finally, at the strike price of 20.0, the payoff chart is constant and positive.
Profit |
TripAdvisor Price At Expiration |
TripAdvisor Available Put Options
TripAdvisor's option chain is a display of a range of information that helps investors for ways to trade options on TripAdvisor. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for TripAdvisor. It also shows strike prices and maturity days for a TripAdvisor 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 | TRIP250417P00012000 | 24 | 12.0 | 0.05 - 0.15 | 0.15 | Out |
Put | TRIP250417P00013000 | 17 | 13.0 | 0.25 - 0.4 | 0.25 | Out |
Put | TRIP250417P00014000 | 112 | 14.0 | 0.05 - 0.8 | 0.6 | Out |
Put | TRIP250417P00015000 | 216 | 15.0 | 1.05 - 1.25 | 0.95 | In |
Put | TRIP250417P00016000 | 122 | 16.0 | 1.75 - 1.95 | 1.79 | In |
Put | TRIP250417P00018000 | 0 | 18.0 | 3.5 - 3.7 | 3.6 | In |
Put | TRIP250417P00019000 | 0 | 19.0 | 2.9 - 5.6 | 2.9 | In |
Put | TRIP250417P00020000 | 0 | 20.0 | 5.4 - 5.9 | 5.4 | In |
Put | TRIP250417P00021000 | 0 | 21.0 | 6.4 - 6.6 | 6.4 | In |
Put | TRIP250417P00022000 | 0 | 22.0 | 6.2 - 7.8 | 6.2 | In |
Put | TRIP250417P00023000 | 0 | 23.0 | 8.4 - 10.3 | 8.4 | In |
Put | TRIP250417P00024000 | 0 | 24.0 | 9.4 - 9.6 | 9.4 | In |
Put | TRIP250417P00025000 | 0 | 25.0 | 10.4 - 12.2 | 10.4 | In |
Put | TRIP250417P00026000 | 0 | 26.0 | 11.4 - 11.6 | 11.4 | In |
Put | TRIP250417P00030000 | 0 | 30.0 | 14.1 - 16.5 | 14.1 | In |
TripAdvisor Corporate Management
Seth Kalvert | Sr. VP, General Counsel and Secretary | Profile | |
Almir Ambeskovic | Chief TheFork | Profile | |
Barry Diller | Special Advisor | Profile | |
John Boris | Chief Officer | Profile | |
Seth JD | Chief Secretary | Profile | |
Geoffrey Gouvalaris | VP Officer | Profile |
Additional Tools for TripAdvisor Stock Analysis
When running TripAdvisor's price analysis, check to measure TripAdvisor'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 TripAdvisor is operating at the current time. Most of TripAdvisor's value examination focuses on studying past and present price action to predict the probability of TripAdvisor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TripAdvisor's price. Additionally, you may evaluate how the addition of TripAdvisor to your portfolios can decrease your overall portfolio volatility.