OLED250117P00155000 Option on Universal Display

OLED Stock  USD 154.68  3.16  2.09%   
OLED250117P00155000 is a PUT option contract on Universal Display's common stock with a strick price of 155.0 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 $20.3, and an ask price of $22.5. The implied volatility as of the 7th of January is 10.0.
  
When exercised, put options on Universal Display produce a short position in Universal Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Universal Display's downside price movement.

Rule 16 of 2025-01-17 Option Contract

The options market is anticipating that Universal Display will have an average daily up or down price movement of about 0.0232% per day over the life of the option. With Universal Display trading at USD 154.68, that is roughly USD 0.0359. If you think that the market is fully understating Universal Display's daily price movement you should consider buying Universal Display options at that current volatility level of 0.37%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Universal Display

An 'Out of The Money' option on Universal has a strike price that Universal 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 Universal Display's 'Out of The Money' options include buying the options if you expect a big move in Universal Display'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 NameOLED250117P00155000
Expires On2025-01-17
Days Before Expriration10
Vega0.660236
Gamma0.005973
Theoretical Value21.4
Open Interest42
Strike Price155.0
Current Price Spread20.3 | 22.5
Rule 16 Daily Up or DownUSD 0.0359

Universal short PUT Option Greeks

Universal Display's Option Greeks for the contract ending on 2025-01-17 at a strike price of 155.0 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 Universal Display's option greeks, its implied volatility helps estimate the risk of Universal Display stock implied by the prices of the options on Universal Display's stock.
Delta-0.378334
Gamma0.005973
Theta-0.018494
Vega0.660236
Rho-0.739977

Universal long PUT Option Payoff at expiration

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

Universal short PUT Option Payoff at expiration

By selling Universal Display's put option, the investors signal their bearish sentiment. A short position in a put option written on Universal Display will generally make money when the underlying price is above the strike price. Therefore Universal Display's put payoff at expiration depends on where the Universal Stock price is relative to the put option strike price. The breakeven price of 133.6 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 Universal Display's price. Finally, at the strike price of 155.0, the payoff chart is constant and positive.
   Profit   
       Universal Display Price At Expiration  
View All Universal Display Options

Universal Display Available Put Options

Universal Display's option chain is a display of a range of information that helps investors for ways to trade options on Universal. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Universal. It also shows strike prices and maturity days for a Universal Display 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
OLED250117P00050000150.00.1 - 1.50.1Out
 Put
OLED250117P00055000055.00.15 - 2.30.15Out
 Put
OLED250117P00060000560.00.3 - 2.550.3Out
 Put
OLED250117P00065000265.00.45 - 2.850.45Out
 Put
OLED250117P00070000570.00.6 - 3.20.6Out
 Put
OLED250117P0007500021275.00.05 - 3.62.25Out
 Put
OLED250117P000800001180.02.25 - 4.62.25Out
 Put
OLED250117P000850001785.02.85 - 3.32.85Out
 Put
OLED250117P000900001390.02.0 - 3.92.0Out
 Put
OLED250117P00095000795.02.75 - 5.02.75Out
 Put
OLED250117P0010000074100.04.8 - 5.44.8Out
 Put
OLED250117P001050009105.04.5 - 6.34.5Out
 Put
OLED250117P0011000083110.06.6 - 7.46.6Out
 Put
OLED250117P001150001115.06.6 - 8.56.6Out
 Put
OLED250117P00120000123120.08.3 - 9.88.3Out
 Put
OLED250117P0012500076125.09.5 - 11.19.5Out
 Put
OLED250117P00130000174130.011.1 - 12.611.1Out
 Put
OLED250117P00135000186135.012.1 - 14.412.1Out
 Put
OLED250117P00140000119140.014.5 - 17.014.5Out
 Put
OLED250117P0014500013145.016.3 - 18.516.3Out
 Put
OLED250117P0015000010150.019.2 - 20.719.2Out
 Put
OLED250117P0015500042155.020.3 - 22.520.3Out
 Put
OLED250117P0016000051160.023.0 - 25.023.0Out
 Put
OLED250117P0016500098165.026.3 - 27.726.3Out
 Put
OLED250117P001700002170.028.8 - 30.528.8Out
 Put
OLED250117P00175000124175.030.8 - 33.430.8Out
 Put
OLED250117P001800003180.034.6 - 36.634.6Out
 Put
OLED250117P001850003185.038.4 - 40.138.4Out
 Put
OLED250117P002000005200.048.0 - 50.548.0Out

Universal Display Corporate Executives

Elected by the shareholders, the Universal Display's board of directors comprises two types of representatives: Universal Display inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Universal. The board's role is to monitor Universal Display's management team and ensure that shareholders' interests are well served. Universal Display's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Universal Display's outside directors are responsible for providing unbiased perspectives on the board's policies.
Brian CPACFO VPProfile
Julia BrownCTO, Sr. VP and Member of Scientific Advisory BoardProfile
When determining whether Universal Display is a strong investment it is important to analyze Universal Display'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 Universal Display's future performance. For an informed investment choice regarding Universal Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Universal Display. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
For information on how to trade Universal Stock refer to our How to Trade Universal Stock guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Universal Display. If investors know Universal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Universal Display listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.299
Dividend Share
1.55
Earnings Share
4.99
Revenue Per Share
13.536
Quarterly Revenue Growth
0.146
The market value of Universal Display is measured differently than its book value, which is the value of Universal that is recorded on the company's balance sheet. Investors also form their own opinion of Universal Display's value that differs from its market value or its book value, called intrinsic value, which is Universal Display'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 Universal Display's market value can be influenced by many factors that don't directly affect Universal Display'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 Universal Display's value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Display is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Display'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.