IYT250117P00190000 Option on iShares Transportation

IYT Etf  USD 69.16  0.57  0.83%   
IYT250117P00190000 is a PUT option contract on IShares Transportation's common stock with a strick price of 190.0 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 a bid price of $7.7, and an ask price of $10.0. The implied volatility as of the 7th of January is 10.0.
  
When exercised, put options on IShares Transportation 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 Transportation's downside price movement.

Rule 16 of 2025-01-17 Option Contract

The options market is anticipating that iShares Transportation Average will have an average daily up or down price movement of about 0.0185% per day over the life of the option. With IShares Transportation trading at USD 69.16, that is roughly USD 0.0128. If you think that the market is fully understating IShares Transportation's daily price movement you should consider buying iShares Transportation Average options at that current volatility level of 0.3%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on IShares Transportation

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 Transportation's 'Out of The Money' options include buying the options if you expect a big move in IShares Transportation'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 NameIYT250117P00190000
Expires On2025-01-17
Days Before Expriration10
Vega0.688843
Gamma0.00348
Theoretical Value8.85
Open Interest1
Strike Price190.0
Current Price Spread7.7 | 10.0
Rule 16 Daily Up or DownUSD 0.0128

IShares short PUT Option Greeks

IShares Transportation's Option Greeks for the contract ending on 2025-01-17 at a strike price of 190.0 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 Transportation's option greeks, its implied volatility helps estimate the risk of IShares Transportation stock implied by the prices of the options on IShares Transportation's stock.
Delta-0.182195
Gamma0.00348
Theta-0.015932
Vega0.688843
Rho-0.532377

IShares long PUT Option Payoff at expiration

Put options written on IShares Transportation grant holders of the option the right to sell a specified amount of IShares Transportation 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 Transportation is like buying insurance aginst IShares Transportation's downside shift.
   Profit   
       IShares Transportation Price At Expiration  

IShares short PUT Option Payoff at expiration

By selling IShares Transportation's put option, the investors signal their bearish sentiment. A short position in a put option written on IShares Transportation will generally make money when the underlying price is above the strike price. Therefore IShares Transportation's put payoff at expiration depends on where the IShares Etf price is relative to the put option strike price. The breakeven price of 181.15 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 Transportation's price. Finally, at the strike price of 190.0, the payoff chart is constant and positive.
   Profit   
       IShares Transportation Price At Expiration  
View All IShares Transportation Options

iShares Transportation Available Put Options

IShares Transportation'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 Transportation 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
IYT250117P001000000100.00.0 - 5.05.0Out
 Put
IYT250117P001050000105.00.0 - 2.552.55Out
 Put
IYT250117P001100006110.00.0 - 3.03.0Out
 Put
IYT250117P001150000115.00.55 - 3.50.55Out
 Put
IYT250117P001200000120.00.0 - 1.91.9Out
 Put
IYT250117P001250001125.01.1 - 3.61.1Out
 Put
IYT250117P001300000130.00.0 - 4.14.1Out
 Put
IYT250117P001350000135.01.65 - 3.01.65Out
 Put
IYT250117P001400000140.00.9 - 3.30.9Out
 Put
IYT250117P001450000145.02.05 - 4.42.05Out
 Put
IYT250117P0016000044160.02.9 - 5.72.9Out
 Put
IYT250117P001700002170.04.9 - 7.04.9Out
 Put
IYT250117P001800007180.05.8 - 8.05.8Out
 Put
IYT250117P001900001190.07.7 - 10.07.7Out
 Put
IYT250117P002300008230.019.3 - 22.519.3Out
 Put
IYT250117P0028000044280.048.6 - 51.748.6Out
When determining whether iShares Transportation is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if IShares Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ishares Transportation Average Etf. Highlighted below are key reports to facilitate an investment decision about Ishares Transportation Average Etf:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Transportation Average. 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
The market value of iShares Transportation 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 Transportation's value that differs from its market value or its book value, called intrinsic value, which is IShares Transportation'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 Transportation's market value can be influenced by many factors that don't directly affect IShares Transportation'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 Transportation's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Transportation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Transportation'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.