SPT250117P00035000 Option on Sprout Social

SPT Stock  USD 32.00  0.35  1.08%   
SPT250117P00035000 is a PUT option contract on Sprout Social's common stock with a strick price of 35.0 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 $4.3, and an ask price of $7.0. The implied volatility as of the 7th of January is 10.0.
  
When exercised, put options on Sprout Social produce a short position in Sprout Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Sprout Social's downside price movement.

Rule 16 of 2025-01-17 Option Contract

The options market is anticipating that Sprout Social will have an average daily up or down price movement of about 0.0422% per day over the life of the option. With Sprout Social trading at USD 32.0, that is roughly USD 0.0135. If you think that the market is fully understating Sprout Social's daily price movement you should consider buying Sprout Social options at that current volatility level of 0.67%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Sprout Social

An 'Out of The Money' option on Sprout has a strike price that Sprout 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 Sprout Social's 'Out of The Money' options include buying the options if you expect a big move in Sprout Social'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 NameSPT250117P00035000
Expires On2025-01-17
Days Before Expriration10
Vega0.148829
Gamma0.007133
Theoretical Value5.65
Open Interest9
Strike Price35.0
Current Price Spread4.3 | 7.0
Rule 16 Daily Up or DownUSD 0.0135

Sprout short PUT Option Greeks

Sprout Social's Option Greeks for the contract ending on 2025-01-17 at a strike price of 35.0 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 Sprout Social's option greeks, its implied volatility helps estimate the risk of Sprout Social stock implied by the prices of the options on Sprout Social's stock.
Delta-0.183842
Gamma0.007133
Theta-0.008833
Vega0.148829
Rho-0.156209

Sprout long PUT Option Payoff at expiration

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

Sprout short PUT Option Payoff at expiration

By selling Sprout Social's put option, the investors signal their bearish sentiment. A short position in a put option written on Sprout Social will generally make money when the underlying price is above the strike price. Therefore Sprout Social's put payoff at expiration depends on where the Sprout Stock price is relative to the put option strike price. The breakeven price of 29.35 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 Sprout Social's price. Finally, at the strike price of 35.0, the payoff chart is constant and positive.
   Profit   
       Sprout Social Price At Expiration  
View All Sprout Social Options

Sprout Social Available Put Options

Sprout Social's option chain is a display of a range of information that helps investors for ways to trade options on Sprout. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Sprout. It also shows strike prices and maturity days for a Sprout Social 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
SPT250117P000200001820.00.7 - 1.950.7Out
 Put
SPT250117P00022500022.50.0 - 5.05.0Out
 Put
SPT250117P00025000025.00.0 - 5.05.0Out
 Put
SPT250117P00030000030.01.4 - 5.51.4Out
 Put
SPT250117P00035000935.04.3 - 7.04.3Out
 Put
SPT250117P00040000340.06.5 - 7.86.5Out
 Put
SPT250117P000450001145.08.7 - 9.08.7Out
 Put
SPT250117P00050000550.011.1 - 11.611.1Out
 Put
SPT250117P00055000055.012.1 - 16.812.1Out
 Put
SPT250117P00060000160.017.3 - 17.817.3Out

Sprout Social Corporate Management

Gerard MurnaghanVP EMEAProfile
Jamie GilpinChief OfficerProfile
Gilbert LaraCoFounder OfficerProfile
Justyn HowardChairman CoFounderProfile
Kristin JohnsonVice CommunicationsProfile
Scott MorrisChief OfficerProfile

Additional Tools for Sprout Stock Analysis

When running Sprout Social's price analysis, check to measure Sprout Social'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 Sprout Social is operating at the current time. Most of Sprout Social's value examination focuses on studying past and present price action to predict the probability of Sprout Social's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sprout Social's price. Additionally, you may evaluate how the addition of Sprout Social to your portfolios can decrease your overall portfolio volatility.