XHB250321P00102000 Option on SPDR SP Homebuilders

XHB Etf  USD 101.11  2.86  2.75%   
XHB250321P00102000 is a PUT option contract on SPDR SP's common stock with a strick price of 102.0 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 26 days remaining before the expiration. The option is currently trading at a bid price of $0.8, and an ask price of $5.3. The implied volatility as of the 23rd of February is 26.0.
  
A put option written on SPDR SP becomes more valuable as the price of SPDR SP drops. Conversely, SPDR SP's put option loses its value as SPDR Etf rises.

Rule 16 of 2025-03-21 Option Contract

The options market is anticipating that SPDR SP Homebuilders will have an average daily up or down price movement of about 0.0189% per day over the life of the option. With SPDR SP trading at USD 101.11, that is roughly USD 0.0191. If you think that the market is fully understating SPDR SP's daily price movement you should consider buying SPDR SP Homebuilders options at that current volatility level of 0.3%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Put Option on SPDR SP

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 SPDR SP 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 SPDR Etf have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Put Contract NameXHB250321P00102000
Expires On2025-03-21
Days Before Expriration26
Vega0.109466
Gamma0.04846
Theoretical Value3.64
Open Interest353
Current Trading Volume17.0
Strike Price102.0
Last Traded At3.64
Current Price Spread0.8 | 5.3
Rule 16 Daily Up or DownUSD 0.0191

SPDR short PUT Option Greeks

SPDR SP's Option Greeks for the contract ending on 2025-03-21 at a strike price of 102.0 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 SPDR SP's option greeks, its implied volatility helps estimate the risk of SPDR SP stock implied by the prices of the options on SPDR SP's stock.
Delta-0.515515
Gamma0.04846
Theta-0.05589
Vega0.109466
Rho-0.033952

SPDR long PUT Option Payoff at expiration

Put options written on SPDR SP grant holders of the option the right to sell a specified amount of SPDR SP 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 SPDR Etf cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on SPDR SP is like buying insurance aginst SPDR SP's downside shift.
   Profit   
Break Even 98.36Current Price 101.11Strike Price 102
       SPDR SP Price At Expiration  

SPDR short PUT Option Payoff at expiration

By selling SPDR SP's put option, the investors signal their bearish sentiment. A short position in a put option written on SPDR SP will generally make money when the underlying price is above the strike price. Therefore SPDR SP's put payoff at expiration depends on where the SPDR Etf price is relative to the put option strike price. The breakeven price of 98.36 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 SPDR SP's price. Finally, at the strike price of 102.0, the payoff chart is constant and positive.
   Profit   
       SPDR SP Price At Expiration  
View All SPDR SP Options

SPDR SP Homebuilders Available Put Options

SPDR SP's option chain is a display of a range of information that helps investors for ways to trade options on SPDR. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for SPDR. It also shows strike prices and maturity days for a SPDR SP 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
XHB250417P00090000690.00.05 - 4.950.95Out
 Put
XHB250417P00094000294.00.86 - 4.951.35Out
 Put
XHB250417P000960001596.00.25 - 4.952.18Out
 Put
XHB250417P00097000197.00.3 - 4.952.12Out
 Put
XHB250417P00100000400100.02.0 - 6.03.5Out
 Put
XHB250417P001030003103.02.45 - 7.24.93In
 Put
XHB250417P001040004104.03.35 - 7.83.95In
 Put
XHB250417P001050002105.03.7 - 8.44.45In
 Put
XHB250417P001100006110.07.55 - 11.957.93In
 Put
XHB250417P001110004111.08.4 - 13.1510.75In
 Put
XHB250417P001120006112.09.0 - 13.511.16In
 Put
XHB250417P001130000113.09.85 - 14.259.85In
 Put
XHB250417P001140000114.011.0 - 15.2511.0In
 Put
XHB250417P001150000115.012.0 - 16.712.0In
 Put
XHB250417P001160000116.013.0 - 17.1513.0In
 Put
XHB250417P001170000117.014.0 - 18.114.0In
 Put
XHB250417P001180000118.015.0 - 18.915.0In
 Put
XHB250417P001190000119.015.5 - 20.0515.5In
 Put
XHB250417P001200000120.016.25 - 20.7516.25In
When determining whether SPDR SP Homebuilders offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPDR SP's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Spdr Sp Homebuilders Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Spdr Sp Homebuilders Etf:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in SPDR SP Homebuilders. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in rate.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
The market value of SPDR SP Homebuilders is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR SP's value that differs from its market value or its book value, called intrinsic value, which is SPDR SP'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 SPDR SP's market value can be influenced by many factors that don't directly affect SPDR SP'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 SPDR SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SP'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.
News Freq…Investor S…