CTS250417P00030000 Option on CTS Corporation
CTS Stock | USD 42.37 0.58 1.35% |
CTS250417P00030000 is a PUT option contract on CTS's common stock with a strick price of 30.0 expiring on 2025-04-17. 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 an ask price of $4.1. The implied volatility as of the 22nd of March is 26.0.
CTS |
When exercised, put options on CTS produce a short position in CTS Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on CTS's downside price movement.
Rule 16 of 2025-04-17 Option Contract
The options market is anticipating that CTS Corporation will have an average daily up or down price movement of about 0.1% per day over the life of the option. With CTS trading at USD 42.37, that is roughly USD 0.0443. If you think that the market is fully understating CTS's daily price movement you should consider buying CTS Corporation options at that current volatility level of 1.67%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on CTS
An 'Out of The Money' option on CTS has a strike price that CTS 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 CTS's 'Out of The Money' options include buying the options if you expect a big move in CTS'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 Name | CTS250417P00030000 |
Expires On | 2025-04-17 |
Days Before Expriration | 26 |
Vega | 0.028881 |
Gamma | 0.011581 |
Theoretical Value | 2.05 |
Open Interest | 70 |
Strike Price | 30.0 |
Last Traded At | 0.05 |
Current Price Spread | 0.0 | 4.1 |
Rule 16 Daily Up or Down | USD 0.0443 |
CTS short PUT Option Greeks
CTS's Option Greeks for the contract ending on 2025-04-17 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 CTS's option greeks, its implied volatility helps estimate the risk of CTS stock implied by the prices of the options on CTS's stock.
Delta | -0.153123 | |
Gamma | 0.011581 | |
Theta | -0.08234 | |
Vega | 0.028881 | |
Rho | -0.006256 |
CTS long PUT Option Payoff at expiration
Put options written on CTS grant holders of the option the right to sell a specified amount of CTS 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 CTS Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on CTS is like buying insurance aginst CTS's downside shift.
Profit |
CTS Price At Expiration |
CTS short PUT Option Payoff at expiration
By selling CTS's put option, the investors signal their bearish sentiment. A short position in a put option written on CTS will generally make money when the underlying price is above the strike price. Therefore CTS's put payoff at expiration depends on where the CTS Stock price is relative to the put option strike price. The breakeven price of 27.95 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 CTS's price. Finally, at the strike price of 30.0, the payoff chart is constant and positive.
Profit |
CTS Price At Expiration |
CTS Corporation Available Put Options
CTS's option chain is a display of a range of information that helps investors for ways to trade options on CTS. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for CTS. It also shows strike prices and maturity days for a CTS 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 | |||
Put | CTS250417P00075000 | 0 | 75.0 | 29.6 - 34.0 | 29.6 | In |
Put | CTS250417P00070000 | 0 | 70.0 | 25.2 - 29.0 | 25.2 | In |
Put | CTS250417P00065000 | 0 | 65.0 | 20.2 - 24.0 | 20.2 | In |
Put | CTS250417P00060000 | 2 | 60.0 | 15.6 - 19.0 | 5.4 | In |
Put | CTS250417P00055000 | 12 | 55.0 | 10.7 - 14.0 | 4.7 | In |
Put | CTS250417P00050000 | 6 | 50.0 | 5.7 - 9.0 | 7.05 | In |
Put | CTS250417P00045000 | 7 | 45.0 | 1.1 - 4.9 | 3.0 | In |
Put | CTS250417P00040000 | 1 | 40.0 | 0.0 - 2.95 | 1.05 | Out |
Put | CTS250417P00035000 | 0 | 35.0 | 0.0 - 1.4 | 0.05 | |
Put | CTS250417P00030000 | 70 | 30.0 | 0.0 - 4.1 | 0.05 | Out |
Put | CTS250417P00025000 | 1 | 25.0 | 0.0 - 4.0 | 2.4 | Out |
CTS Corporate Directors
William Johnson | Independent Director | Profile | |
Donna Costello | Independent Director | Profile | |
Alfonso Zulueta | Independent Director | Profile | |
Robert Profusek | Lead Independent Director | Profile |
Additional Tools for CTS Stock Analysis
When running CTS's price analysis, check to measure CTS'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 CTS is operating at the current time. Most of CTS's value examination focuses on studying past and present price action to predict the probability of CTS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CTS's price. Additionally, you may evaluate how the addition of CTS to your portfolios can decrease your overall portfolio volatility.