FCFS250321C00155000 Option on FirstCash
FCFS Stock | USD 112.28 1.31 1.18% |
FCFS250321C00155000 is a PUT option contract on FirstCash's common stock with a strick price of 155.0 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 19 days remaining before the expiration. The option is currently trading at an ask price of $2.15. The implied volatility as of the 2nd of March is 19.0.
FirstCash |
When exercised, put options on FirstCash produce a short position in FirstCash Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on FirstCash's downside price movement.
Rule 16 of 2025-03-21 Option Contract
The options market is anticipating that FirstCash will have an average daily up or down price movement of about 0.0608% per day over the life of the option. With FirstCash trading at USD 112.28, that is roughly USD 0.0683. If you think that the market is fully understating FirstCash's daily price movement you should consider buying FirstCash options at that current volatility level of 0.97%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Call Option on FirstCash
An 'Out of The Money' option on FirstCash has a strike price that FirstCash 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 FirstCash's 'Out of The Money' options include buying the options if you expect a big move in FirstCash'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 Name | FCFS250321C00155000 |
Expires On | 2025-03-21 |
Days Before Expriration | 19 |
Delta | 0.097646 |
Vega | 0.045322 |
Gamma | 0.006741 |
Theoretical Value | 1.08 |
Open Interest | 1 |
Strike Price | 155.0 |
Last Traded At | 1.35 |
Current Price Spread | 0.0 | 2.15 |
Rule 16 Daily Up or Down | USD 0.0683 |
FirstCash short PUT Option Greeks
FirstCash's Option Greeks for the contract ending on 2025-03-21 at a strike price of 155.0 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 FirstCash's option greeks, its implied volatility helps estimate the risk of FirstCash stock implied by the prices of the options on FirstCash's stock.
Delta | 0.097646 | |
Gamma | 0.006741 | |
Theta | -0.111015 | |
Vega | 0.045322 | |
Rho | 0.005419 |
FirstCash long PUT Option Payoff at expiration
Put options written on FirstCash grant holders of the option the right to sell a specified amount of FirstCash 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 FirstCash Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on FirstCash is like buying insurance aginst FirstCash's downside shift.
Profit |
FirstCash Price At Expiration |
FirstCash short PUT Option Payoff at expiration
By selling FirstCash's put option, the investors signal their bearish sentiment. A short position in a put option written on FirstCash will generally make money when the underlying price is above the strike price. Therefore FirstCash's put payoff at expiration depends on where the FirstCash Stock price is relative to the put option strike price. The breakeven price of 156.08 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 FirstCash's price. Finally, at the strike price of 155.0, the payoff chart is constant and positive.
Profit |
FirstCash Price At Expiration |
FirstCash Available Call Options
FirstCash's option chain is a display of a range of information that helps investors for ways to trade options on FirstCash. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for FirstCash. It also shows strike prices and maturity days for a FirstCash 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 | FCFS250417C00115000 | 1 | 115.0 | 1.0 - 5.3 | 4.5 | Out |
Call | FCFS250417C00120000 | 11 | 120.0 | 0.0 - 3.7 | 4.2 | Out |
Call | FCFS250417C00125000 | 2 | 125.0 | 0.2 - 2.85 | 1.9 | Out |
Call | FCFS250417C00130000 | 31 | 130.0 | 0.0 - 2.5 | 0.5 | Out |
Call | FCFS250417C00135000 | 51 | 135.0 | 0.1 - 0.55 | 0.45 | Out |
Call | FCFS250417C00140000 | 0 | 140.0 | 0.0 - 2.45 | 2.45 | |
Call | FCFS250417C00145000 | 0 | 145.0 | 0.0 - 2.4 | 2.4 | |
Call | FCFS250417C00150000 | 0 | 150.0 | 0.0 - 2.4 | 2.4 | |
Call | FCFS250417C00155000 | 0 | 155.0 | 0.0 - 2.4 | 2.4 | |
Call | FCFS250417C00160000 | 0 | 160.0 | 0.0 - 2.35 | 2.35 | |
Call | FCFS250417C00165000 | 0 | 165.0 | 0.0 - 2.35 | 2.35 | |
Call | FCFS250417C00170000 | 0 | 170.0 | 0.0 - 2.3 | 2.3 |
FirstCash Corporate Management
Raul Ramos | Sr. VP of Latin American Operations | Profile | |
Sean Moore | Sr. VP of Store Devel. and Facilities | Profile | |
Gar Jackson | Investor Relations Officer | Profile | |
Peter JD | Senior Relations | Profile |
Additional Tools for FirstCash Stock Analysis
When running FirstCash's price analysis, check to measure FirstCash'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 FirstCash is operating at the current time. Most of FirstCash's value examination focuses on studying past and present price action to predict the probability of FirstCash's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FirstCash's price. Additionally, you may evaluate how the addition of FirstCash to your portfolios can decrease your overall portfolio volatility.