IYR250117P00091000 Option on iShares Real Estate
IYR Etf | USD 91.72 0.24 0.26% |
IYR250117P00091000 is a PUT option contract on IShares Real's common stock with a strick price of 91.0 expiring on 2025-01-17. The contract was not traded in recent days and, as of today, has 8 days remaining before the expiration. The option is currently trading at a bid price of $14.6, and an ask price of $14.95. The implied volatility as of the 9th of January is 8.0.
IShares |
When exercised, put options on IShares Real 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 Real's downside price movement.
Rule 16 of 2025-01-17 Option Contract
The options market is anticipating that iShares Real Estate will have an average daily up or down price movement of about 0.0107% per day over the life of the option. With IShares Real trading at USD 91.72, that is roughly USD 0.009826. If you think that the market is fully understating IShares Real's daily price movement you should consider buying iShares Real Estate options at that current volatility level of 0.17%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on IShares Real
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 Real's 'Out of The Money' options include buying the options if you expect a big move in IShares Real'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 | IYR250117P00091000 |
Expires On | 2025-01-17 |
Days Before Expriration | 8 |
Vega | 0.185731 |
Gamma | 0.017193 |
Theoretical Value | 14.78 |
Open Interest | 89 |
Strike Price | 91.0 |
Current Price Spread | 14.6 | 14.95 |
Rule 16 Daily Up or Down | USD 0.009826 |
IShares short PUT Option Greeks
IShares Real's Option Greeks for the contract ending on 2025-01-17 at a strike price of 91.0 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 Real's option greeks, its implied volatility helps estimate the risk of IShares Real stock implied by the prices of the options on IShares Real's stock.
Delta | -0.828659 | |
Gamma | 0.017193 | |
Theta | -0.001827 | |
Vega | 0.185731 | |
Rho | -0.307435 |
IShares long PUT Option Payoff at expiration
Put options written on IShares Real grant holders of the option the right to sell a specified amount of IShares Real 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 Real is like buying insurance aginst IShares Real's downside shift.
Profit |
IShares Real Price At Expiration |
IShares short PUT Option Payoff at expiration
By selling IShares Real's put option, the investors signal their bearish sentiment. A short position in a put option written on IShares Real will generally make money when the underlying price is above the strike price. Therefore IShares Real's put payoff at expiration depends on where the IShares Etf price is relative to the put option strike price. The breakeven price of 76.22 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 Real's price. Finally, at the strike price of 91.0, the payoff chart is constant and positive.
Profit |
IShares Real Price At Expiration |
iShares Real Estate Available Put Options
IShares Real'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 Real 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 | IYR250110P00055000 | 0 | 55.0 | 0.0 - 1.81 | 1.81 | |
Put | IYR250110P00060000 | 0 | 60.0 | 0.0 - 2.63 | 2.63 | |
Put | IYR250110P00065000 | 0 | 65.0 | 0.0 - 3.8 | 3.8 | |
Put | IYR250110P00070000 | 0 | 70.0 | 0.0 - 4.85 | 4.85 | |
Put | IYR250110P00075000 | 0 | 75.0 | 0.0 - 4.85 | 4.85 | |
Put | IYR250110P00080000 | 0 | 80.0 | 0.0 - 4.85 | 4.85 | |
Put | IYR250110P00085000 | 0 | 85.0 | 0.0 - 4.85 | 4.85 | |
Put | IYR250110P00090000 | 0 | 90.0 | 0.0 - 4.85 | 4.85 | |
Put | IYR250110P00091000 | 0 | 91.0 | 0.0 - 4.85 | 4.85 | |
Put | IYR250110P00092000 | 0 | 92.0 | 0.01 - 4.85 | 0.01 | |
Put | IYR250110P00097500 | 4 | 97.5 | 0.05 - 4.85 | 0.63 | Out |
Put | IYR250110P00098000 | 2 | 98.0 | 0.25 - 4.95 | 0.77 | Out |
Put | IYR250110P00099000 | 11 | 99.0 | 0.1 - 4.85 | 0.91 | Out |
Put | IYR250110P00100000 | 6 | 100.0 | 0.1 - 4.85 | 1.19 | Out |
Put | IYR250110P00101000 | 4 | 101.0 | 0.3 - 4.95 | 1.52 | Out |
Put | IYR250110P00103000 | 2 | 103.0 | 1.05 - 5.0 | 2.36 | In |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Real Estate. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
The market value of iShares Real Estate 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 Real's value that differs from its market value or its book value, called intrinsic value, which is IShares Real'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 Real's market value can be influenced by many factors that don't directly affect IShares Real'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 Real's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Real is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Real'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.