NXST250221C00140000 Option on Nexstar Broadcasting

NXST Stock  USD 160.83  1.54  0.97%   
NXST250221C00140000 is a PUT option contract on Nexstar Broadcasting's common stock with a strick price of 140.0 expiring on 2025-02-21. The contract was not traded in recent days and, as of today, has 47 days remaining before the expiration. The option is currently trading at a bid price of $23.5, and an ask price of $27.2. The implied volatility as of the 5th of January is 47.0.
  
When exercised, put options on Nexstar Broadcasting produce a short position in Nexstar Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Nexstar Broadcasting's downside price movement.

Rule 16 of 2025-02-21 Option Contract

The options market is anticipating that Nexstar Broadcasting Group will have an average daily up or down price movement of about 0.0215% per day over the life of the option. With Nexstar Broadcasting trading at USD 160.83, that is roughly USD 0.0346. If you think that the market is fully understating Nexstar Broadcasting's daily price movement you should consider buying Nexstar Broadcasting Group options at that current volatility level of 0.34%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on Nexstar Broadcasting

An 'Out of The Money' option on Nexstar has a strike price that Nexstar 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 Nexstar Broadcasting's 'Out of The Money' options include buying the options if you expect a big move in Nexstar Broadcasting'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 NameNXST250221C00140000
Expires On2025-02-21
Days Before Expriration47
Delta0.688453
Vega0.430882
Gamma0.007763
Theoretical Value25.35
Open Interest0
Strike Price140.0
Current Price Spread23.5 | 27.2
Rule 16 Daily Up or DownUSD 0.0346

Nexstar short PUT Option Greeks

Nexstar Broadcasting's Option Greeks for the contract ending on 2025-02-21 at a strike price of 140.0 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 Nexstar Broadcasting's option greeks, its implied volatility helps estimate the risk of Nexstar Broadcasting stock implied by the prices of the options on Nexstar Broadcasting's stock.
Delta0.688453
Gamma0.007763
Theta-0.030202
Vega0.430882
Rho0.471426

Nexstar long PUT Option Payoff at expiration

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

Nexstar short PUT Option Payoff at expiration

By selling Nexstar Broadcasting's put option, the investors signal their bearish sentiment. A short position in a put option written on Nexstar Broadcasting will generally make money when the underlying price is above the strike price. Therefore Nexstar Broadcasting's put payoff at expiration depends on where the Nexstar Stock price is relative to the put option strike price. The breakeven price of 165.35 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 Nexstar Broadcasting's price. Finally, at the strike price of 140.0, the payoff chart is constant and positive.
   Profit   
       Nexstar Broadcasting Price At Expiration  
View All Nexstar Broadcasting Options

Nexstar Broadcasting Available Call Options

Nexstar Broadcasting's option chain is a display of a range of information that helps investors for ways to trade options on Nexstar. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Nexstar. It also shows strike prices and maturity days for a Nexstar Broadcasting 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
NXST250117C001150000115.049.0 - 52.549.0In
Call
NXST250117C001200000120.044.1 - 47.544.1In
Call
NXST250117C001250000125.039.5 - 42.739.5In
Call
NXST250117C001300000130.034.7 - 38.034.7In
Call
NXST250117C001350000135.030.0 - 33.430.9In
Call
NXST250117C001400000140.025.5 - 28.825.5In
Call
NXST250117C001450000145.021.1 - 24.521.1In
Call
NXST250117C001500000150.017.0 - 20.417.0In
Call
NXST250117C001550000155.013.1 - 16.413.1In
Call
NXST250117C001600000160.09.5 - 13.09.5In

Nexstar Broadcasting Corporate Management

Rachel MorganGeneral VPProfile
Lindsey HarmonSenior CounselProfile
Terri BushSenior CounselProfile
Todd BravermanExecutive SalesProfile
JD EsqPres NetworkProfile
Bill MondoraWashington ChiefProfile
Jerry WalshSenior DevelopmentProfile

Additional Tools for Nexstar Stock Analysis

When running Nexstar Broadcasting's price analysis, check to measure Nexstar Broadcasting'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 Nexstar Broadcasting is operating at the current time. Most of Nexstar Broadcasting's value examination focuses on studying past and present price action to predict the probability of Nexstar Broadcasting's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexstar Broadcasting's price. Additionally, you may evaluate how the addition of Nexstar Broadcasting to your portfolios can decrease your overall portfolio volatility.