NXST250221P00195000 Option on Nexstar Broadcasting

NXST Stock  USD 152.86  1.18  0.78%   
NXST250221P00195000 is a PUT option contract on Nexstar Broadcasting's common stock with a strick price of 195.0 expiring on 2025-02-21. The contract was not traded in recent days and, as of today, has 32 days remaining before the expiration. The option is currently trading at a bid price of $40.7, and an ask price of $45.5. The implied volatility as of the 20th of January is 32.0.
  
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 0.0355% per day over the life of the option. With Nexstar Broadcasting trading at USD 152.86, that is roughly USD 0.0542. 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 0.57%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Put Option on Nexstar Broadcasting

An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Nexstar Broadcasting positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Nexstar Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Put Contract NameNXST250221P00195000
Expires On2025-02-21
Days Before Expriration32
Vega0.076607
Gamma0.006298
Theoretical Value43.1
Open Interest1
Strike Price195.0
Last Traded At31.0
Current Price Spread40.7 | 45.5
Rule 16 Daily Up or DownUSD 0.0542

Nexstar short PUT Option Greeks

Nexstar Broadcasting's Option Greeks for the contract ending on 2025-02-21 at a strike price of 195.0 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.
Delta-0.90598
Gamma0.006298
Theta-0.060729
Vega0.076607
Rho-0.107846

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 151.9 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 195.0, the payoff chart is constant and positive.
   Profit   
       Nexstar Broadcasting Price At Expiration  
View All Nexstar Broadcasting Options

Nexstar Broadcasting Available Put 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
 Put
NXST250321P001350001135.00.65 - 3.82.45Out
 Put
NXST250321P001600000160.09.1 - 13.29.1In
 Put
NXST250321P001650000165.013.4 - 16.513.4In
 Put
NXST250321P001700000170.017.2 - 20.717.2In
 Put
NXST250321P001750000175.021.8 - 25.221.8In
 Put
NXST250321P001800000180.026.7 - 30.526.7In
 Put
NXST250321P001850000185.030.9 - 35.530.9In
 Put
NXST250321P001900000190.035.7 - 40.535.7In
 Put
NXST250321P001950000195.040.9 - 45.540.9In
 Put
NXST250321P002000000200.045.6 - 50.545.6In
 Put
NXST250321P002100000210.055.7 - 60.555.7In

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.