Planet Fitness Stock Options
| PLNT Stock | USD 104.46 1.52 1.43% |
Planet Fitness' latest option contracts expiring on March 21st 2025 are carrying combined implied volatility of 0.45 with a put-to-call open interest ratio of 6.33 over 24 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on March 21st 2025. The total put volume is at 1.0, with calls trading at the volume of 26.0. This yields a 0.04 put-to-call volume ratio.
Open Interest Against March 21st 2025 Option Contracts
Planet Fitness option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Planet Fitness' lending market. For example, when Planet Fitness' puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Planet Fitness, he or she must hedge the risk by shorting Planet Fitness stock over its option's life.
2025-03-21
The chart above shows Planet Fitness' distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Planet Fitness' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Planet Fitness' option, there is no secondary market available for investors to trade.
Planet Fitness Maximum Pain Price Across 2025-03-21 Option Contracts
Max pain occurs when Planet Fitness' market makers reach a net positive position across all Planet Fitness' options at a strike price where option holders stand to lose the most money. By contrast, Planet Fitness' option sellers may reap the most after selling more options than buying, causing them to expire worthless.
In The Money vs. Out of Money Option Contracts on Planet Fitness
Analyzing Planet Fitness' in-the-money options over time can help investors to take a profitable long position in Planet Fitness regardless of its overall volatility. This is especially true when Planet Fitness' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Planet Fitness' options could be used as guardians of the underlying stock as they move almost dollar for dollar with Planet Fitness' stock while costing only a fraction of its price.
Planet Fitness In The Money Call Balance
When Planet Fitness' strike price is surpassing the current stock price, the option contract against Planet Fitness stock is said to be in the money. When it comes to buying Planet Fitness' options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Planet Fitness are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.
Planet Current Options Market Mood
Planet Fitness' open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Planet Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.
Put-to-Call Open Interest
Put-to-Call Volume
Unfortunately, most Planet Fitness' options investors are not very successful. Planet Fitness' option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.
Rule 16 of the current Planet contract
Base on the Rule 16, the options market is currently suggesting that Planet Fitness will have an average daily up or down price movement of about 0.0281% per day over the life of the 2025-03-21 option contract. With Planet Fitness trading at USD 104.46, that is roughly USD 0.0294. If you think that the market is fully incorporating Planet Fitness' daily price movement you should consider buying Planet Fitness options at the current volatility level of 0.45%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Planet |
Purchasing Planet Fitness options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Planet calls. Remember, the seller must deliver Planet Fitness stock to the call owner when a call is exercised.
Planet Fitness Option Chain
When Planet Fitness' strike price is surpassing the current stock price, the option contract against Planet Fitness stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Planet Fitness' option chain is a display of a range of information that helps investors for ways to trade options on Planet. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Planet. It also shows strike prices and maturity days for a Planet Fitness 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 | |||
Call | PLNT250321C00090000 | 2 | 90.0 | 16.1 - 16.8 | 19.22 | In |
Call | PLNT250321C00100000 | 1 | 100.0 | 8.5 - 9.0 | 11.2 | In |
Call | PLNT250321C00110000 | 1 | 110.0 | 3.5 - 3.8 | 4.1 | Out |
Call | PLNT250321C00115000 | 2 | 115.0 | 2.05 - 2.35 | 2.65 | Out |
Call | PLNT250321C00120000 | 0 | 120.0 | 1.15 - 1.4 | 1.15 | |
Call | PLNT250321C00125000 | 0 | 125.0 | 0.35 - 1.15 | 0.35 | |
Call | PLNT250321C00130000 | 0 | 130.0 | 0.25 - 0.65 | 0.25 | |
Call | PLNT250321C00135000 | 0 | 135.0 | 0.05 - 0.75 | 0.05 | |
Call | PLNT250321C00140000 | 0 | 140.0 | 0.0 - 0.75 | 0.75 | |
Call | PLNT250321C00145000 | 0 | 145.0 | 0.0 - 0.75 | 0.75 | |
Call | PLNT250321C00150000 | 0 | 150.0 | 0.0 - 0.75 | 0.75 | |
Call | PLNT250321C00155000 | 0 | 155.0 | 0.0 - 0.75 | 0.75 | |
Put | PLNT250321P00097500 | 1 | 97.5 | 2.55 - 2.9 | 2.45 | Out |
Put | PLNT250321P00100000 | 37 | 100.0 | 3.4 - 3.6 | 3.48 | Out |
Put | PLNT250321P00110000 | 0 | 110.0 | 8.1 - 8.7 | 8.1 | In |
Put | PLNT250321P00115000 | 0 | 115.0 | 11.3 - 12.2 | 11.3 | In |
Put | PLNT250321P00120000 | 0 | 120.0 | 15.6 - 17.4 | 15.6 | In |
Put | PLNT250321P00125000 | 0 | 125.0 | 19.4 - 21.2 | 19.4 | In |
Put | PLNT250321P00130000 | 0 | 130.0 | 23.4 - 26.7 | 23.4 | In |
Put | PLNT250321P00135000 | 0 | 135.0 | 28.4 - 32.4 | 28.4 | In |
Put | PLNT250321P00140000 | 0 | 140.0 | 33.4 - 37.4 | 33.4 | In |
Put | PLNT250321P00145000 | 0 | 145.0 | 38.5 - 42.3 | 38.5 | In |
Put | PLNT250321P00150000 | 0 | 150.0 | 43.6 - 47.3 | 43.6 | In |
Put | PLNT250321P00155000 | 0 | 155.0 | 48.6 - 52.4 | 48.6 | In |
Planet Fitness Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
| Timeline |
Planet Fitness Market Cap Over Time
Market Cap |
| Timeline |
Planet Total Stockholder Equity
Total Stockholder Equity |
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Planet Fitness Corporate Directors
| Frances Rathke | Independent Director | Profile | |
| Governor Benson | Interim Director | Profile | |
| Cammie Dunaway | Independent Director | Profile | |
| Craig Benson | Independent Director | Profile |
Additional Tools for Planet Stock Analysis
When running Planet Fitness' price analysis, check to measure Planet Fitness' 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 Planet Fitness is operating at the current time. Most of Planet Fitness' value examination focuses on studying past and present price action to predict the probability of Planet Fitness' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Planet Fitness' price. Additionally, you may evaluate how the addition of Planet Fitness to your portfolios can decrease your overall portfolio volatility.