DAC250117C00030000 Option on Danaos
DAC Stock | USD 79.48 2.06 2.53% |
DAC250117C00030000 is a PUT option contract on Danaos' common stock with a strick price of 30.0 expiring on 2025-01-17. The contract was not traded in recent days and, as of today, has 10 days remaining before the expiration. The option is currently trading at a bid price of $33.5, and an ask price of $38.5. The implied volatility as of the 7th of January is 10.0.
Danaos |
A put option written on Danaos becomes more valuable as the price of Danaos drops. Conversely, Danaos' put option loses its value as Danaos Stock rises.
Rule 16 of 2025-01-17 Option Contract
The options market is anticipating that Danaos will have an average daily up or down price movement of about 0.0282% per day over the life of the option. With Danaos trading at USD 79.48, that is roughly USD 0.0224. If you think that the market is fully understating Danaos' daily price movement you should consider buying Danaos options at that current volatility level of 0.45%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Call Option on Danaos
An 'Out of The Money' option on Danaos has a strike price that Danaos 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 Danaos' 'Out of The Money' options include buying the options if you expect a big move in Danaos' 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 Name | DAC250117C00030000 |
Expires On | 2025-01-17 |
Days Before Expriration | 10 |
Delta | 0.977989 |
Vega | 0.025867 |
Gamma | 0.001231 |
Theoretical Value | 36.0 |
Open Interest | 1 |
Strike Price | 30.0 |
Current Price Spread | 33.5 | 38.5 |
Rule 16 Daily Up or Down | USD 0.0224 |
Danaos short PUT Option Greeks
Danaos' Option Greeks for the contract ending on 2025-01-17 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 Danaos' option greeks, its implied volatility helps estimate the risk of Danaos stock implied by the prices of the options on Danaos' stock.
Delta | 0.977989 | |
Gamma | 0.001231 | |
Theta | -8.44E-4 | |
Vega | 0.025867 | |
Rho | 0.059732 |
Danaos long PUT Option Payoff at expiration
Put options written on Danaos grant holders of the option the right to sell a specified amount of Danaos 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 Danaos Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Danaos is like buying insurance aginst Danaos' downside shift.
Profit |
Danaos Price At Expiration |
Danaos short PUT Option Payoff at expiration
By selling Danaos' put option, the investors signal their bearish sentiment. A short position in a put option written on Danaos will generally make money when the underlying price is above the strike price. Therefore Danaos' put payoff at expiration depends on where the Danaos Stock price is relative to the put option strike price. The breakeven price of 66.0 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 Danaos' price. Finally, at the strike price of 30.0, the payoff chart is constant and positive.
Profit |
Danaos Price At Expiration |
Danaos Available Call Options
Danaos' option chain is a display of a range of information that helps investors for ways to trade options on Danaos. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Danaos. It also shows strike prices and maturity days for a Danaos 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 | DAC250117C00030000 | 1 | 30.0 | 33.5 - 38.5 | 33.5 | Out |
Call | DAC250117C00035000 | 0 | 35.0 | 28.5 - 33.5 | 28.5 | |
Call | DAC250117C00040000 | 1 | 40.0 | 24.0 - 28.9 | 24.0 | Out |
Call | DAC250117C00045000 | 1 | 45.0 | 20.1 - 24.3 | 20.1 | Out |
Call | DAC250117C00050000 | 13 | 50.0 | 16.1 - 20.5 | 16.1 | Out |
Call | DAC250117C00055000 | 4026 | 55.0 | 12.6 - 16.8 | 12.6 | Out |
Call | DAC250117C00060000 | 974 | 60.0 | 11.3 - 12.6 | 11.3 | Out |
Call | DAC250117C00065000 | 445 | 65.0 | 7.6 - 10.2 | 7.6 | Out |
Call | DAC250117C00070000 | 3310 | 70.0 | 4.1 - 7.9 | 6.9 | Out |
Call | DAC250117C00075000 | 951 | 75.0 | 2.5 - 6.1 | 2.5 | Out |
Call | DAC250117C00080000 | 1232 | 80.0 | 2.9 - 3.7 | 2.9 | Out |
Call | DAC250117C00085000 | 19 | 85.0 | 1.65 - 4.5 | 1.65 | Out |
Call | DAC250117C00090000 | 16 | 90.0 | 0.1 - 1.8 | 0.1 | Out |
Call | DAC250117C00095000 | 11 | 95.0 | 0.0 - 3.5 | 3.5 | Out |
Call | DAC250117C00100000 | 6 | 100.0 | 0.5 - 1.95 | 1.6 | Out |
Call | DAC250117C00105000 | 5 | 105.0 | 0.0 - 4.2 | 4.2 | Out |
Danaos Corporate Directors
William Repko | Independent Director | Profile | |
Miklos KonkolyThege | Independent Director | Profile | |
Iraklis Prokopakis | COO, Sr. VP, Treasurer, Director, Member of Compensation Committee and Member of Nominating and Corporate Governance Committee | Profile | |
Dimitris Vastarouchas | Deputy Chief Operating Officer, Technical Director | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danaos. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For information on how to trade Danaos Stock refer to our How to Trade Danaos Stock guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Is Marine Transportation 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 Danaos. If investors know Danaos 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 Danaos 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 (0.07) | Dividend Share 0.8 | Earnings Share 28.16 | Revenue Per Share | Quarterly Revenue Growth 0.071 |
The market value of Danaos is measured differently than its book value, which is the value of Danaos that is recorded on the company's balance sheet. Investors also form their own opinion of Danaos' value that differs from its market value or its book value, called intrinsic value, which is Danaos' 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 Danaos' market value can be influenced by many factors that don't directly affect Danaos' 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 Danaos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Danaos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Danaos' 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.