SPDR SP Stock Options
SPDW Etf | USD 34.61 0.34 0.99% |
SPDR SP's latest option contracts expiring on January 17th 2025 are carrying combined implied volatility of 0.25. The SPDR SP option chain provides detailed quote and price information for the current SPDR SP World option contracts. It shows all of SPDR SP's listed puts, calls, expiration dates, strike prices, and other pricing information.
In The Money vs. Out of Money Option Contracts on SPDR SP
Analyzing SPDR SP's in-the-money options over time can help investors to take a profitable long position in SPDR SP regardless of its overall volatility. This is especially true when SPDR SP's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money SPDR SP's options could be used as guardians of the underlying stock as they move almost dollar for dollar with SPDR SP's stock while costing only a fraction of its price.
SPDR SP World In The Money Call Balance
When SPDR SP's strike price is surpassing the current stock price, the option contract against SPDR SP World stock is said to be in the money. When it comes to buying SPDR SP's 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 SPDR SP World 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.
SPDR Current Options Market Mood
SPDR SP's 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 SPDR Etf'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 Volume
Most options investors, including buyers and sellers of SPDR SP's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. SPDR SP's 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 SPDR contract
Base on the Rule 16, the options market is currently suggesting that SPDR SP World will have an average daily up or down price movement of about 0.0156% per day over the life of the 2025-01-17 option contract. With SPDR SP trading at USD 34.61, that is roughly USD 0.005408. If you think that the market is fully incorporating SPDR SP's daily price movement you should consider buying SPDR SP World options at the current volatility level of 0.25%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
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Purchasing SPDR SP 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" SPDR calls. Remember, the seller must deliver SPDR SP World stock to the call owner when a call is exercised.
SPDR SP Option Chain
When SPDR SP's strike price is surpassing the current stock price, the option contract against SPDR SP World 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.
SPDR SP's option chain is a display of a range of information that helps investors for ways to trade options on SPDR. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for SPDR. It also shows strike prices and maturity days for a SPDR SP 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 | SPDW250117C00031000 | 0 | 31.0 | 2.15 - 4.1 | 2.15 | In |
Call | SPDW250117C00032000 | 0 | 32.0 | 2.0 - 4.4 | 2.0 | In |
Call | SPDW250117C00033000 | 0 | 33.0 | 1.0 - 3.6 | 1.0 | In |
Call | SPDW250117C00034000 | 0 | 34.0 | 0.2 - 2.65 | 0.2 | In |
Call | SPDW250117C00035000 | 0 | 35.0 | 0.0 - 1.75 | 1.75 | |
Call | SPDW250117C00036000 | 0 | 36.0 | 0.0 - 1.4 | 1.4 | |
Call | SPDW250117C00037000 | 0 | 37.0 | 0.0 - 1.2 | 1.2 | |
Call | SPDW250117C00038000 | 0 | 38.0 | 0.0 - 0.2 | 0.2 | |
Call | SPDW250117C00039000 | 0 | 39.0 | 0.0 - 0.25 | 0.25 | |
Put | SPDW250117P00031000 | 0 | 31.0 | 0.0 - 0.9 | 0.9 | |
Put | SPDW250117P00032000 | 0 | 32.0 | 0.0 - 1.25 | 1.25 | |
Put | SPDW250117P00033000 | 0 | 33.0 | 0.0 - 1.35 | 1.35 | |
Put | SPDW250117P00034000 | 0 | 34.0 | 0.0 - 1.55 | 1.55 | |
Put | SPDW250117P00035000 | 0 | 35.0 | 0.0 - 1.95 | 1.95 | |
Put | SPDW250117P00036000 | 0 | 36.0 | 0.1 - 2.75 | 0.1 | In |
Put | SPDW250117P00037000 | 0 | 37.0 | 0.95 - 3.6 | 0.95 | In |
Put | SPDW250117P00038000 | 0 | 38.0 | 1.9 - 4.6 | 1.9 | In |
Put | SPDW250117P00039000 | 0 | 39.0 | 2.25 - 4.7 | 2.25 | In |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPDR SP World. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
The market value of SPDR SP World is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR SP's value that differs from its market value or its book value, called intrinsic value, which is SPDR SP'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 SPDR SP's market value can be influenced by many factors that don't directly affect SPDR SP'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 SPDR SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SP'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.