ZION250221P00030000 Option on Zions Bancorporation

ZION Stock  USD 58.29  0.65  1.13%   
ZION250221P00030000 is a PUT option contract on Zions Bancorporation's common stock with a strick price of 30.0 expiring on 2025-02-21. The contract was not traded in recent days and, as of today, has 22 days remaining before the expiration. The option is currently trading at an ask price of $0.3. The implied volatility as of the 30th of January is 22.0.
  
A put option written on Zions Bancorporation becomes more valuable as the price of Zions Bancorporation drops. Conversely, Zions Bancorporation's put option loses its value as Zions Stock rises.

Rule 16 of 2025-02-21 Option Contract

The options market is anticipating that Zions Bancorporation will have an average daily up or down price movement of about 0.0851% per day over the life of the option. With Zions Bancorporation trading at USD 58.29, that is roughly USD 0.0496. If you think that the market is fully understating Zions Bancorporation's daily price movement you should consider buying Zions Bancorporation options at that current volatility level of 1.36%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Zions Bancorporation

An 'Out of The Money' option on Zions has a strike price that Zions Stock 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 Zions Bancorporation's 'Out of The Money' options include buying the options if you expect a big move in Zions Bancorporation'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.
Put Contract NameZION250221P00030000
Expires On2025-02-21
Days Before Expriration22
Vega0.006573
Gamma0.002305
Theoretical Value0.15
Open Interest11
Strike Price30.0
Last Traded At0.35
Current Price Spread0.0 | 0.3
Rule 16 Daily Up or DownUSD 0.0496

Zions short PUT Option Greeks

Zions Bancorporation's Option Greeks for the contract ending on 2025-02-21 at a strike price of 30.0 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 Zions Bancorporation's option greeks, its implied volatility helps estimate the risk of Zions Bancorporation stock implied by the prices of the options on Zions Bancorporation's stock.
Delta-0.018557
Gamma0.002305
Theta-0.019402
Vega0.006573
Rho-7.2E-4

Zions long PUT Option Payoff at expiration

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

Zions short PUT Option Payoff at expiration

By selling Zions Bancorporation's put option, the investors signal their bearish sentiment. A short position in a put option written on Zions Bancorporation will generally make money when the underlying price is above the strike price. Therefore Zions Bancorporation's put payoff at expiration depends on where the Zions Stock price is relative to the put option strike price. The breakeven price of 29.85 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 Zions Bancorporation's price. Finally, at the strike price of 30.0, the payoff chart is constant and positive.
   Profit   
       Zions Bancorporation Price At Expiration  
View All Zions Bancorporation Options

Zions Bancorporation Available Put Options

Zions Bancorporation's option chain is a display of a range of information that helps investors for ways to trade options on Zions. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Zions. It also shows strike prices and maturity days for a Zions Bancorporation 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
ZION250417P00022500222.50.0 - 1.350.03Out
 Put
ZION250417P000250001025.00.0 - 1.350.45Out
 Put
ZION250417P00027500227.50.0 - 1.350.18Out
 Put
ZION250417P00030000230.00.0 - 1.350.2Out
 Put
ZION250417P000350002535.00.0 - 0.150.3Out
 Put
ZION250417P000375004737.50.05 - 0.40.13Out
 Put
ZION250417P0004000033540.00.0 - 0.40.2Out
 Put
ZION250417P0004250013442.50.15 - 0.350.21Out
 Put
ZION250417P000450001345.00.2 - 0.40.66Out
 Put
ZION250417P000475001947.50.35 - 0.650.5Out
 Put
ZION250417P00050000850.00.7 - 0.90.97Out
 Put
ZION250417P000525005752.51.2 - 1.451.15Out
 Put
ZION250417P0005500011955.01.95 - 2.21.85Out
 Put
ZION250417P000575001557.52.6 - 3.46.4Out
 Put
ZION250417P000600002960.04.3 - 4.64.4In
 Put
ZION250417P00062500062.55.7 - 6.65.7In
 Put
ZION250417P00065000265.08.0 - 9.113.6In
 Put
ZION250417P00067500067.510.2 - 10.710.2In
 Put
ZION250417P00070000070.012.5 - 12.912.5In
 Put
ZION250417P00075000075.017.3 - 18.517.3In
 Put
ZION250417P00080000080.021.8 - 23.321.8In
 Put
ZION250417P00085000085.027.1 - 28.227.1In

Zions Bancorporation Corporate Executives

Elected by the shareholders, the Zions Bancorporation's board of directors comprises two types of representatives: Zions Bancorporation inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Zions. The board's role is to monitor Zions Bancorporation's management team and ensure that shareholders' interests are well served. Zions Bancorporation's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Zions Bancorporation's outside directors are responsible for providing unbiased perspectives on the board's policies.
When determining whether Zions Bancorporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Zions Bancorporation'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 Zions Bancorporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zions Bancorporation Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zions Bancorporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in Zions Stock, please use our How to Invest in Zions Bancorporation guide.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Regional Banks 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 Zions Bancorporation. If investors know Zions 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 Zions Bancorporation 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
0.212
Earnings Share
4.95
Revenue Per Share
20.433
Quarterly Revenue Growth
0.076
Return On Assets
0.008
The market value of Zions Bancorporation is measured differently than its book value, which is the value of Zions that is recorded on the company's balance sheet. Investors also form their own opinion of Zions Bancorporation's value that differs from its market value or its book value, called intrinsic value, which is Zions Bancorporation'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 Zions Bancorporation's market value can be influenced by many factors that don't directly affect Zions Bancorporation'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 Zions Bancorporation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zions Bancorporation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zions Bancorporation'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.