GSG250117C00024000 Option on iShares SP GSCI

GSG Etf  USD 22.07  0.10  0.46%   
GSG250117C00024000 is a PUT option contract on IShares SP's common stock with a strick price of 24.0 expiring on 2025-01-17. The contract was not traded in recent days and, as of today, has 9 days remaining before the expiration. The option is currently trading at a bid price of $2.35, and an ask price of $2.5. The implied volatility as of the 8th of January is 9.0.
  
When exercised, put options on IShares SP produce a short position in IShares Etf. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on IShares SP's downside price movement.

Rule 16 of 2025-01-17 Option Contract

The options market is anticipating that iShares SP GSCI will have an average daily up or down price movement of about 0.0153% per day over the life of the option. With IShares SP trading at USD 22.07, that is roughly USD 0.003373. If you think that the market is fully understating IShares SP's daily price movement you should consider buying iShares SP GSCI options at that current volatility level of 0.24%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on IShares SP

An 'Out of The Money' option on IShares has a strike price that IShares Etf 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 IShares SP's 'Out of The Money' options include buying the options if you expect a big move in IShares SP'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 NameGSG250117C00024000
Expires On2025-01-17
Days Before Expriration9
Delta0.548022
Vega0.100203
Gamma0.064023
Theoretical Value2.41
Open Interest3
Current Trading Volume1.0
Strike Price24.0
Last Traded At2.41
Current Price Spread2.35 | 2.5
Rule 16 Daily Up or DownUSD 0.003373

IShares short PUT Option Greeks

IShares SP's Option Greeks for the contract ending on 2025-01-17 at a strike price of 24.0 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 IShares SP's option greeks, its implied volatility helps estimate the risk of IShares SP stock implied by the prices of the options on IShares SP's stock.
Delta0.548022
Gamma0.064023
Theta-0.004059
Vega0.100203
Rho0.126533

IShares long PUT Option Payoff at expiration

Put options written on IShares SP grant holders of the option the right to sell a specified amount of IShares SP 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 IShares Etf cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on IShares SP is like buying insurance aginst IShares SP's downside shift.
   Profit   
       IShares SP Price At Expiration  

IShares short PUT Option Payoff at expiration

By selling IShares SP's put option, the investors signal their bearish sentiment. A short position in a put option written on IShares SP will generally make money when the underlying price is above the strike price. Therefore IShares SP's put payoff at expiration depends on where the IShares Etf price is relative to the put option strike price. The breakeven price of 26.41 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 IShares SP's price. Finally, at the strike price of 24.0, the payoff chart is constant and positive.
   Profit   
       IShares SP Price At Expiration  
View All IShares SP Options

iShares SP GSCI Available Call Options

IShares SP's option chain is a display of a range of information that helps investors for ways to trade options on IShares. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for IShares. It also shows strike prices and maturity days for a IShares SP 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
GSG250117C00010000010.012.5 - 13.212.5Out
Call
GSG250117C00011000011.011.5 - 12.411.5Out
Call
GSG250117C00012000012.09.0 - 14.09.0Out
Call
GSG250117C00013000013.08.0 - 13.08.0Out
Call
GSG250117C00014000014.08.3 - 9.88.3Out
Call
GSG250117C00015000015.08.0 - 9.08.0Out
Call
GSG250117C00016000616.07.3 - 7.97.3Out
Call
GSG250117C000170001717.06.5 - 7.16.5Out
Call
GSG250117C000180001018.05.5 - 6.35.5Out
Call
GSG250117C00019000019.05.3 - 5.65.3Out
Call
GSG250117C00020000420.04.6 - 4.94.6Out
Call
GSG250117C00021000321.03.9 - 4.23.9Out
Call
GSG250117C000220002122.03.3 - 3.63.3Out
Call
GSG250117C00023000223.02.8 - 3.02.98Out
Call
GSG250117C00024000324.02.35 - 2.52.41Out
Call
GSG250117C00025000125.01.9 - 2.251.9Out
Call
GSG250117C000270002027.00.2 - 4.50.2Out
Call
GSG250117C00029000229.00.1 - 4.80.1Out
Call
GSG250117C00030000730.00.2 - 4.80.2Out
When determining whether iShares SP GSCI is a strong investment it is important to analyze IShares SP's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact IShares SP's future performance. For an informed investment choice regarding IShares Etf, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares SP GSCI. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of iShares SP GSCI is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares SP's value that differs from its market value or its book value, called intrinsic value, which is IShares SP's 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 IShares SP's market value can be influenced by many factors that don't directly affect IShares SP's 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 IShares SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares SP's 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.