BP250110C00031000 Option on BP PLC ADR

BP Stock  USD 31.02  0.55  1.81%   
BP250110C00031000 is a PUT option contract on BP PLC's common stock with a strick price of 31.0 expiring on 2025-01-10. The contract was not traded in recent days and, as of today, has 3 days remaining before the expiration. The option is currently trading at a bid price of $0.33, and an ask price of $0.41. The implied volatility as of the 7th of January is 3.0.
  
When exercised, put options on BP PLC produce a short position in BP PLC Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on BP PLC's downside price movement.

Rule 16 of 2025-01-10 Option Contract

The options market is anticipating that BP PLC ADR will have an average daily up or down price movement of about 0.0149% per day over the life of the option. With BP PLC trading at USD 31.02, that is roughly USD 0.004622. If you think that the market is fully understating BP PLC's daily price movement you should consider buying BP PLC ADR options at that current volatility level of 0.24%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on BP PLC

An 'Out of The Money' option on BP PLC has a strike price that BP PLC 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 BP PLC's 'Out of The Money' options include buying the options if you expect a big move in BP PLC'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 NameBP250110C00031000
Expires On2025-01-10
Days Before Expriration3
Delta0.24659
Vega0.030898
Gamma0.134616
Theoretical Value0.33
Open Interest4
Current Trading Volume3.0
Strike Price31.0
Last Traded At0.33
Current Price Spread0.33 | 0.41
Rule 16 Daily Up or DownUSD 0.004622

BP PLC short PUT Option Greeks

BP PLC's Option Greeks for the contract ending on 2025-01-10 at a strike price of 31.0 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 BP PLC's option greeks, its implied volatility helps estimate the risk of BP PLC stock implied by the prices of the options on BP PLC's stock.
Delta0.24659
Gamma0.134616
Theta-0.008673
Vega0.030898
Rho0.00699

BP PLC long PUT Option Payoff at expiration

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

BP PLC short PUT Option Payoff at expiration

By selling BP PLC's put option, the investors signal their bearish sentiment. A short position in a put option written on BP PLC will generally make money when the underlying price is above the strike price. Therefore BP PLC's put payoff at expiration depends on where the BP PLC Stock price is relative to the put option strike price. The breakeven price of 31.33 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 BP PLC's price. Finally, at the strike price of 31.0, the payoff chart is constant and positive.
   Profit   
       BP PLC Price At Expiration  
View All BP PLC Options

BP PLC ADR Available Call Options

BP PLC's option chain is a display of a range of information that helps investors for ways to trade options on BP PLC. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for BP PLC. It also shows strike prices and maturity days for a BP PLC 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
BP250110C00019000019.09.0 - 10.559.0In
Call
BP250110C00020000020.08.5 - 9.68.5In
Call
BP250110C00021000021.08.35 - 9.08.35In
Call
BP250110C00022000022.06.6 - 7.66.6In
Call
BP250110C00023000023.06.35 - 6.86.35In
Call
BP250110C00024000024.05.4 - 6.255.4In
Call
BP250110C00025000025.04.4 - 5.554.4In
Call
BP250110C00026000026.03.45 - 4.33.45In
Call
BP250110C00027000027.02.39 - 2.812.39In
Call
BP250110C00028000028.01.29 - 1.961.29In
Call
BP250110C00031000431.00.33 - 0.410.33Out

BP PLC Corporate Directors

Bernard LooneyGroup Executive Officer, Executive DirectorProfile
Pamela DaleyNon-Executive Independent DirectorProfile
Alison CarnwathNon-Executive Independent DirectorProfile
Karen RichardsonNon-Executive Independent DirectorProfile

Additional Tools for BP PLC Stock Analysis

When running BP PLC's price analysis, check to measure BP PLC'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 BP PLC is operating at the current time. Most of BP PLC's value examination focuses on studying past and present price action to predict the probability of BP PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BP PLC's price. Additionally, you may evaluate how the addition of BP PLC to your portfolios can decrease your overall portfolio volatility.