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.
  
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 NameETR250117P00060000
Expires On2025-01-17
Days Before Expriration10
Vega0.03808
Gamma0.012664
Theoretical Value0.68
Open Interest2
Strike Price60.0
Current Price Spread0.0 | 1.35
Rule 16 Daily Up or DownUSD 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
Gamma0.012664
Theta-0.036785
Vega0.03808
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  
View All Entergy Options

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 IntStrike PriceCurrent SpreadLast Price
 Put
ETR250117P00060000260.00.0 - 1.351.35Out
 Put
ETR250117P000700003070.00.25 - 0.650.4Out
 Put
ETR250117P0007250028372.50.65 - 0.850.85Out
 Put
ETR250117P0007500012875.01.6 - 2.61.65Out
 Put
ETR250117P000775004877.53.0 - 3.54.12In
 Put
ETR250117P00095000095.00.0 - 2.152.15Out
 Put
ETR250117P001000000100.00.0 - 2.22.2Out
 Put
ETR250117P001050000105.00.0 - 2.22.2Out
 Put
ETR250117P001100000110.00.0 - 2.252.25Out
 Put
ETR250117P001150000115.00.0 - 2.252.25Out
 Put
ETR250117P001200000120.00.0 - 2.352.35Out
 Put
ETR250117P001250000125.00.0 - 2.42.4Out
 Put
ETR250117P001300000130.00.3 - 2.50.3Out
 Put
ETR250117P001350000135.00.7 - 1.350.7Out
 Put
ETR250117P001400000140.01.4 - 2.251.36Out

Entergy Corporate Directors

Alexis HermanIndependent DirectorProfile
Craig SorensenDirector DevelopmentProfile
Stuart LevenickLead Independent DirectorProfile
Brian EllisIndependent DirectorProfile

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.