ZION250417C00045000 Option on Zions Bancorporation
ZION Stock | USD 58.63 0.99 1.72% |
ZION250417C00045000 is a PUT option contract on Zions Bancorporation's common stock with a strick price of 45.0 expiring on 2025-04-17. The contract was not traded in recent days and, as of today, has 77 days remaining before the expiration. The option is currently trading at a bid price of $12.4, and an ask price of $13.6. The implied volatility as of the 30th of January is 77.0.
Zions |
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 2025-04-17 Option Contract
The options market is anticipating that Zions Bancorporation will have an average daily up or down price movement of about 0.0235% per day over the life of the option. With Zions Bancorporation trading at USD 58.63, that is roughly USD 0.0138. 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 0.38%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Call Option on Zions Bancorporation
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 Zions Bancorporation 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 Zions 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 | ZION250417C00045000 |
Expires On | 2025-04-17 |
Days Before Expriration | 77 |
Delta | 0.931286 |
Vega | 0.033017 |
Gamma | 0.012362 |
Theoretical Value | 13.0 |
Open Interest | 3 |
Strike Price | 45.0 |
Last Traded At | 15.7 |
Current Price Spread | 12.4 | 13.6 |
Rule 16 Daily Up or Down | USD 0.0138 |
Zions short PUT Option Greeks
Zions Bancorporation's Option Greeks for the contract ending on 2025-04-17 at a strike price of 45.0 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 | 0.931286 | |
Gamma | 0.012362 | |
Theta | -0.008622 | |
Vega | 0.033017 | |
Rho | 0.081854 |
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 58.0 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 45.0, the payoff chart is constant and positive.
Profit |
Zions Bancorporation Price At Expiration |
Zions Bancorporation Available Call 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 Int | Strike Price | Current Spread | Last Price | |||
Call | ZION250417C00032500 | 1 | 32.5 | 24.9 - 25.6 | 22.8 | In |
Call | ZION250417C00037500 | 1 | 37.5 | 20.1 - 20.6 | 10.1 | In |
Call | ZION250417C00040000 | 1 | 40.0 | 17.4 - 18.2 | 17.9 | In |
Call | ZION250417C00042500 | 3 | 42.5 | 15.1 - 15.8 | 10.7 | In |
Call | ZION250417C00045000 | 3 | 45.0 | 12.4 - 13.6 | 15.7 | In |
Call | ZION250417C00047500 | 1 | 47.5 | 10.4 - 11.3 | 4.0 | In |
Call | ZION250417C00050000 | 443 | 50.0 | 7.5 - 8.7 | 7.5 | In |
Call | ZION250417C00052500 | 65 | 52.5 | 6.1 - 6.7 | 4.3 | In |
Call | ZION250417C00055000 | 128 | 55.0 | 4.6 - 4.9 | 5.44 | In |
Call | ZION250417C00057500 | 103 | 57.5 | 3.2 - 3.4 | 3.06 | Out |
Call | ZION250417C00060000 | 377 | 60.0 | 1.8 - 2.3 | 2.05 | Out |
Call | ZION250417C00062500 | 57 | 62.5 | 1.25 - 1.5 | 1.64 | Out |
Call | ZION250417C00065000 | 35 | 65.0 | 0.8 - 0.95 | 0.89 | Out |
Call | ZION250417C00067500 | 27 | 67.5 | 0.45 - 0.6 | 0.9 | Out |
Call | ZION250417C00070000 | 5 | 70.0 | 0.25 - 0.35 | 0.35 | Out |
Call | ZION250417C00075000 | 1 | 75.0 | 0.0 - 0.25 | 0.15 | Out |
Call | ZION250417C00080000 | 0 | 80.0 | 0.0 - 0.25 | 0.25 | |
Call | ZION250417C00085000 | 0 | 85.0 | 0.0 - 0.25 | 0.25 |
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.
Ryan Richards | Executive CFO | Profile |
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 Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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 | Quarterly Revenue Growth 0.076 | Return On Assets |
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.