OLLI250117P00062500 Option on Ollies Bargain Outlet
OLLI Stock | USD 106.17 0.46 0.43% |
OLLI250117P00062500 is a PUT option contract on Ollies Bargain's common stock with a strick price of 62.5 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 $3.9, and an ask price of $8.1. The implied volatility as of the 7th of January is 10.0.
Ollies |
A put option written on Ollies Bargain becomes more valuable as the price of Ollies Bargain drops. Conversely, Ollies Bargain's put option loses its value as Ollies Stock rises.
Rule 16 of 2025-01-17 Option Contract
The options market is anticipating that Ollies Bargain Outlet will have an average daily up or down price movement of about 0.0275% per day over the life of the option. With Ollies Bargain trading at USD 106.17, that is roughly USD 0.0292. If you think that the market is fully understating Ollies Bargain's daily price movement you should consider buying Ollies Bargain Outlet options at that current volatility level of 0.44%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on Ollies Bargain
An 'Out of The Money' option on Ollies has a strike price that Ollies 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 Ollies Bargain's 'Out of The Money' options include buying the options if you expect a big move in Ollies Bargain'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 | OLLI250117P00062500 |
Expires On | 2025-01-17 |
Days Before Expriration | 10 |
Vega | 0.255891 |
Gamma | 0.007678 |
Theoretical Value | 6.0 |
Open Interest | 3 |
Strike Price | 62.5 |
Current Price Spread | 3.9 | 8.1 |
Rule 16 Daily Up or Down | USD 0.0292 |
Ollies short PUT Option Greeks
Ollies Bargain's Option Greeks for the contract ending on 2025-01-17 at a strike price of 62.5 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 Ollies Bargain's option greeks, its implied volatility helps estimate the risk of Ollies Bargain stock implied by the prices of the options on Ollies Bargain's stock.
Delta | -0.214202 | |
Gamma | 0.007678 | |
Theta | -0.009238 | |
Vega | 0.255891 | |
Rho | -0.231961 |
Ollies long PUT Option Payoff at expiration
Put options written on Ollies Bargain grant holders of the option the right to sell a specified amount of Ollies Bargain 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 Ollies Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Ollies Bargain is like buying insurance aginst Ollies Bargain's downside shift.
Profit |
Ollies Bargain Price At Expiration |
Ollies short PUT Option Payoff at expiration
By selling Ollies Bargain's put option, the investors signal their bearish sentiment. A short position in a put option written on Ollies Bargain will generally make money when the underlying price is above the strike price. Therefore Ollies Bargain's put payoff at expiration depends on where the Ollies Stock price is relative to the put option strike price. The breakeven price of 56.5 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 Ollies Bargain's price. Finally, at the strike price of 62.5, the payoff chart is constant and positive.
Profit |
Ollies Bargain Price At Expiration |
Ollies Bargain Outlet Available Put Options
Ollies Bargain's option chain is a display of a range of information that helps investors for ways to trade options on Ollies. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Ollies. It also shows strike prices and maturity days for a Ollies Bargain 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 | OLLI250117P00025000 | 1 | 25.0 | 0.0 - 1.15 | 1.15 | Out |
Put | OLLI250117P00027500 | 2 | 27.5 | 0.0 - 1.4 | 1.4 | Out |
Put | OLLI250117P00030000 | 4 | 30.0 | 0.0 - 5.0 | 5.0 | Out |
Put | OLLI250117P00032500 | 1 | 32.5 | 0.15 - 1.95 | 0.15 | Out |
Put | OLLI250117P00035000 | 0 | 35.0 | 0.0 - 5.0 | 5.0 | |
Put | OLLI250117P00037500 | 1 | 37.5 | 0.0 - 4.2 | 4.2 | Out |
Put | OLLI250117P00040000 | 22 | 40.0 | 0.25 - 4.6 | 0.25 | Out |
Put | OLLI250117P00042500 | 89 | 42.5 | 0.05 - 5.0 | 0.05 | Out |
Put | OLLI250117P00045000 | 28 | 45.0 | 0.7 - 5.0 | 0.7 | Out |
Put | OLLI250117P00047500 | 1 | 47.5 | 0.05 - 5.0 | 0.05 | Out |
Put | OLLI250117P00050000 | 25 | 50.0 | 0.6 - 5.4 | 0.6 | Out |
Put | OLLI250117P00052500 | 5 | 52.5 | 1.0 - 6.0 | 1.0 | Out |
Put | OLLI250117P00055000 | 4 | 55.0 | 2.25 - 5.4 | 2.25 | Out |
Put | OLLI250117P00057500 | 6 | 57.5 | 2.15 - 6.8 | 2.15 | Out |
Put | OLLI250117P00060000 | 7 | 60.0 | 3.5 - 7.9 | 3.5 | Out |
Put | OLLI250117P00062500 | 3 | 62.5 | 3.9 - 8.1 | 3.9 | Out |
Put | OLLI250117P00065000 | 3 | 65.0 | 4.5 - 7.9 | 4.5 | Out |
Put | OLLI250117P00067500 | 9 | 67.5 | 5.8 - 8.4 | 5.8 | Out |
Put | OLLI250117P00070000 | 18 | 70.0 | 7.4 - 10.2 | 7.4 | Out |
Put | OLLI250117P00072500 | 1 | 72.5 | 9.0 - 10.6 | 9.0 | Out |
Put | OLLI250117P00075000 | 20 | 75.0 | 9.4 - 11.7 | 9.4 | Out |
Put | OLLI250117P00077500 | 14 | 77.5 | 11.2 - 12.4 | 11.2 | Out |
Put | OLLI250117P00082500 | 14 | 82.5 | 12.4 - 16.6 | 12.4 | Out |
Put | OLLI250117P00087500 | 14 | 87.5 | 16.1 - 18.9 | 16.1 | Out |
Put | OLLI250117P00090000 | 47 | 90.0 | 17.6 - 20.7 | 17.6 | Out |
Ollies Bargain Corporate Management
Jay Stasz | Chief Accounting Officer and Sr. VP of Fin. | Profile | |
James JD | General VP | Profile | |
James Comitale | Sr Counsel | Profile | |
Dan Haines | VP Advter | Profile | |
Larry Kraus | Senior Officer | Profile |
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Is Broadline Retail 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 Ollies Bargain. If investors know Ollies 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 Ollies Bargain 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 0.162 | Earnings Share 3.35 | Revenue Per Share | Quarterly Revenue Growth 0.124 | Return On Assets |
The market value of Ollies Bargain Outlet is measured differently than its book value, which is the value of Ollies that is recorded on the company's balance sheet. Investors also form their own opinion of Ollies Bargain's value that differs from its market value or its book value, called intrinsic value, which is Ollies Bargain'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 Ollies Bargain's market value can be influenced by many factors that don't directly affect Ollies Bargain'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 Ollies Bargain's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ollies Bargain is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ollies Bargain'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.