First Trust Stock Options

FNY Etf  USD 81.68  0.12  0.15%   
First Trust's latest option contracts expiring on January 17th 2025 are carrying combined implied volatility of 0.22. The First Trust option chain provides detailed quote and price information for the current First Trust Mid option contracts. It shows all of First Trust's listed puts, calls, expiration dates, strike prices, and other pricing information.

First Trust Maximum Pain Price Across 2025-01-17 Option Contracts

Max pain occurs when First Trust's market makers reach a net positive position across all First Trust's options at a strike price where option holders stand to lose the most money. By contrast, First Trust's option sellers may reap the most after selling more options than buying, causing them to expire worthless.

In The Money vs. Out of Money Option Contracts on First Trust

Analyzing First Trust's in-the-money options over time can help investors to take a profitable long position in First Trust regardless of its overall volatility. This is especially true when First Trust's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money First Trust's options could be used as guardians of the underlying stock as they move almost dollar for dollar with First Trust's stock while costing only a fraction of its price.

First Current Options Market Mood

First Trust's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps First Etf's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Volume

Unfortunately, most First Trust's options investors are not very successful. First Trust's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.

Rule 16 of the current First contract

Base on the Rule 16, the options market is currently suggesting that First Trust Mid will have an average daily up or down price movement of about 0.0138% per day over the life of the 2025-01-17 option contract. With First Trust trading at USD 81.68, that is roughly USD 0.0112. If you think that the market is fully incorporating First Trust's daily price movement you should consider buying First Trust Mid options at the current volatility level of 0.22%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing First Trust options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" First calls. Remember, the seller must deliver First Trust Mid stock to the call owner when a call is exercised.

First Trust Option Chain

When First Trust's strike price is surpassing the current stock price, the option contract against First Trust Mid stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
First Trust's option chain is a display of a range of information that helps investors for ways to trade options on First. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for First. It also shows strike prices and maturity days for a First Trust 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
Call
FNY250117C00069000069.010.6 - 13.710.6In
Call
FNY250117C00070000070.09.8 - 12.89.8In
Call
FNY250117C00071000071.09.0 - 12.09.0In
Call
FNY250117C00072000072.08.0 - 11.18.0In
Call
FNY250117C00073000073.07.2 - 10.27.2In
Call
FNY250117C00074000074.06.4 - 9.46.4In
Call
FNY250117C00075000075.05.6 - 8.65.6In
Call
FNY250117C00076000076.04.9 - 7.84.9In
Call
FNY250117C00077000077.04.3 - 7.14.3In
Call
FNY250117C00078000078.03.6 - 6.43.6In
 Put
FNY250117P00069000069.00.05 - 1.10.05Out
 Put
FNY250117P00070000070.00.1 - 1.250.1Out
 Put
FNY250117P00071000071.00.2 - 1.40.2Out
 Put
FNY250117P00072000072.00.25 - 1.60.25Out
 Put
FNY250117P00073000073.00.35 - 1.80.35Out
 Put
FNY250117P00074000074.00.45 - 2.00.45Out
 Put
FNY250117P00075000075.00.6 - 2.250.6Out
 Put
FNY250117P00076000076.00.8 - 2.550.8Out
 Put
FNY250117P00077000077.00.95 - 2.850.95Out
 Put
FNY250117P00078000078.01.25 - 3.31.25Out

Other Information on Investing in First Etf

First Trust financial ratios help investors to determine whether First Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in First with respect to the benefits of owning First Trust security.