TSL250321C00023000 Option on GraniteShares 125x Long

TSL Etf  USD 17.77  0.23  1.28%   
TSL250321C00023000 is a PUT option contract on GraniteShares 125x's common stock with a strick price of 23.0 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 47 days remaining before the expiration. The option is currently trading at a bid price of $0.05, and an ask price of $1.65. The implied volatility as of the 2nd of February is 47.0.
  
When exercised, put options on GraniteShares 125x produce a short position in GraniteShares Etf. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on GraniteShares 125x's downside price movement.

Rule 16 of 2025-03-21 Option Contract

The options market is anticipating that GraniteShares 125x Long will have an average daily up or down price movement of about 0.0552% per day over the life of the option. With GraniteShares 125x trading at USD 17.77, that is roughly USD 0.009808. If you think that the market is fully understating GraniteShares 125x's daily price movement you should consider buying GraniteShares 125x Long options at that current volatility level of 0.88%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on GraniteShares 125x

An 'Out of The Money' option on GraniteShares has a strike price that GraniteShares Etf 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 GraniteShares 125x's 'Out of The Money' options include buying the options if you expect a big move in GraniteShares 125x'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.
Call Contract NameTSL250321C00023000
Expires On2025-03-21
Days Before Expriration47
Delta0.278548
Vega0.021917
Gamma0.058254
Theoretical Value0.85
Open Interest3
Strike Price23.0
Last Traded At2.25
Current Price Spread0.05 | 1.65
Rule 16 Daily Up or DownUSD 0.009808

GraniteShares short PUT Option Greeks

GraniteShares 125x's Option Greeks for the contract ending on 2025-03-21 at a strike price of 23.0 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 GraniteShares 125x's option greeks, its implied volatility helps estimate the risk of GraniteShares 125x stock implied by the prices of the options on GraniteShares 125x's stock.
Delta0.278548
Gamma0.058254
Theta-0.020668
Vega0.021917
Rho0.005476

GraniteShares long PUT Option Payoff at expiration

Put options written on GraniteShares 125x grant holders of the option the right to sell a specified amount of GraniteShares 125x 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 GraniteShares Etf cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on GraniteShares 125x is like buying insurance aginst GraniteShares 125x's downside shift.
   Profit   
       GraniteShares 125x Price At Expiration  

GraniteShares short PUT Option Payoff at expiration

By selling GraniteShares 125x's put option, the investors signal their bearish sentiment. A short position in a put option written on GraniteShares 125x will generally make money when the underlying price is above the strike price. Therefore GraniteShares 125x's put payoff at expiration depends on where the GraniteShares Etf price is relative to the put option strike price. The breakeven price of 23.85 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 GraniteShares 125x's price. Finally, at the strike price of 23.0, the payoff chart is constant and positive.
   Profit   
       GraniteShares 125x Price At Expiration  
View All GraniteShares 125x Options

GraniteShares 125x Long Available Call Options

GraniteShares 125x's option chain is a display of a range of information that helps investors for ways to trade options on GraniteShares. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for GraniteShares. It also shows strike prices and maturity days for a GraniteShares 125x 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
TSL250321C00010000510.07.2 - 9.210.8In
Call
TSL250321C00011000211.06.3 - 8.29.9In
Call
TSL250321C00013000213.04.0 - 6.24.45In
Call
TSL250321C00015000115.03.1 - 4.71.55In
Call
TSL250321C000160001016.02.45 - 4.02.9In
Call
TSL250321C00017000217.01.8 - 3.52.45In
Call
TSL250321C00018000618.01.25 - 2.01.6Out
Call
TSL250321C000190005419.00.75 - 2.550.55Out
Call
TSL250321C00020000320.00.35 - 2.251.29Out
Call
TSL250321C00021000021.00.05 - 2.00.05Out
Call
TSL250321C00022000022.00.05 - 1.80.05Out
Call
TSL250321C00023000323.00.05 - 1.652.25Out
Call
TSL250321C00024000124.00.0 - 1.551.85Out
Call
TSL250321C000250001425.00.0 - 1.20.2Out
Call
TSL250321C00030000530.00.05 - 0.20.1Out
When determining whether GraniteShares 125x Long is a strong investment it is important to analyze GraniteShares 125x'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 GraniteShares 125x's future performance. For an informed investment choice regarding GraniteShares Etf, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in GraniteShares 125x Long. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
The market value of GraniteShares 125x Long is measured differently than its book value, which is the value of GraniteShares that is recorded on the company's balance sheet. Investors also form their own opinion of GraniteShares 125x's value that differs from its market value or its book value, called intrinsic value, which is GraniteShares 125x'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 GraniteShares 125x's market value can be influenced by many factors that don't directly affect GraniteShares 125x'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 GraniteShares 125x's value and its price as these two are different measures arrived at by different means. Investors typically determine if GraniteShares 125x is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GraniteShares 125x'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.