ETR250117P00060000 Option on Entergy
ETR Stock | USD 75.26 1.42 1.85% |
ETR250117P00060000 is a PUT option contract on Entergy's common stock with a strick price of 60.0 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 an ask price of $1.35. The implied volatility as of the 7th of January is 10.0.
Entergy |
When exercised, put options on Entergy produce a short position in Entergy Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Entergy's downside price movement.
Rule 16 of 2025-01-17 Option Contract
The options market is anticipating that Entergy will have an average daily up or down price movement of about 0.0384% per day over the life of the option. With Entergy trading at USD 75.26, that is roughly USD 0.0289. If you think that the market is fully understating Entergy's daily price movement you should consider buying Entergy options at that current volatility level of 0.61%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on Entergy
An 'Out of The Money' option on Entergy has a strike price that Entergy 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 Entergy's 'Out of The Money' options include buying the options if you expect a big move in Entergy'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 | ETR250117P00060000 |
Expires On | 2025-01-17 |
Days Before Expriration | 10 |
Vega | 0.03808 |
Gamma | 0.012664 |
Theoretical Value | 0.68 |
Open Interest | 2 |
Strike Price | 60.0 |
Current Price Spread | 0.0 | 1.35 |
Rule 16 Daily Up or Down | USD 0.0289 |
Entergy short PUT Option Greeks
Entergy's Option Greeks for the contract ending on 2025-01-17 at a strike price of 60.0 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 Entergy's option greeks, its implied volatility helps estimate the risk of Entergy stock implied by the prices of the options on Entergy's stock.
Delta | -0.097494 | |
Gamma | 0.012664 | |
Theta | -0.036785 | |
Vega | 0.03808 | |
Rho | -0.006974 |
Entergy long PUT Option Payoff at expiration
Put options written on Entergy grant holders of the option the right to sell a specified amount of Entergy 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 Entergy Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Entergy is like buying insurance aginst Entergy's downside shift.
Profit |
Entergy Price At Expiration |
Entergy short PUT Option Payoff at expiration
By selling Entergy's put option, the investors signal their bearish sentiment. A short position in a put option written on Entergy will generally make money when the underlying price is above the strike price. Therefore Entergy's put payoff at expiration depends on where the Entergy Stock price is relative to the put option strike price. The breakeven price of 59.32 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 Entergy's price. Finally, at the strike price of 60.0, the payoff chart is constant and positive.
Profit |
Entergy Price At Expiration |
Entergy Available Put Options
Entergy's option chain is a display of a range of information that helps investors for ways to trade options on Entergy. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Entergy. It also shows strike prices and maturity days for a Entergy 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 | ETR250117P00060000 | 2 | 60.0 | 0.0 - 1.35 | 1.35 | Out |
Put | ETR250117P00070000 | 30 | 70.0 | 0.25 - 0.65 | 0.4 | Out |
Put | ETR250117P00072500 | 283 | 72.5 | 0.65 - 0.85 | 0.85 | Out |
Put | ETR250117P00075000 | 128 | 75.0 | 1.6 - 2.6 | 1.65 | Out |
Put | ETR250117P00077500 | 48 | 77.5 | 3.0 - 3.5 | 4.12 | In |
Put | ETR250117P00095000 | 0 | 95.0 | 0.0 - 2.15 | 2.15 | |
Put | ETR250117P00100000 | 0 | 100.0 | 0.0 - 2.2 | 2.2 | |
Put | ETR250117P00105000 | 0 | 105.0 | 0.0 - 2.2 | 2.2 | |
Put | ETR250117P00110000 | 0 | 110.0 | 0.0 - 2.25 | 2.25 | |
Put | ETR250117P00115000 | 0 | 115.0 | 0.0 - 2.25 | 2.25 | |
Put | ETR250117P00120000 | 0 | 120.0 | 0.0 - 2.35 | 2.35 | |
Put | ETR250117P00125000 | 0 | 125.0 | 0.0 - 2.4 | 2.4 | |
Put | ETR250117P00130000 | 0 | 130.0 | 0.3 - 2.5 | 0.3 | |
Put | ETR250117P00135000 | 0 | 135.0 | 0.7 - 1.35 | 0.7 | |
Put | ETR250117P00140000 | 0 | 140.0 | 1.4 - 2.25 | 1.36 |
Entergy Corporate Directors
Alexis Herman | Independent Director | Profile | |
Craig Sorensen | Director Development | Profile | |
Stuart Levenick | Lead Independent Director | Profile | |
Brian Ellis | Independent Director | Profile |
Additional Tools for Entergy Stock Analysis
When running Entergy's price analysis, check to measure Entergy'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 Entergy is operating at the current time. Most of Entergy's value examination focuses on studying past and present price action to predict the probability of Entergy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Entergy's price. Additionally, you may evaluate how the addition of Entergy to your portfolios can decrease your overall portfolio volatility.