SQ250110P00088000 Option on Block Inc

SQ Stock  USD 91.94  0.22  0.24%   
SQ250110P00088000 is a PUT option contract on Block's common stock with a strick price of 88.0 expiring on 2025-01-10. The contract was not traded in recent days and, as of today, has 3 days remaining before the expiration. The option is currently trading at a bid price of $4.1, and an ask price of $4.6. The implied volatility as of the 7th of January is 3.0.
  
When exercised, put options on Block produce a short position in Block Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Block's downside price movement.

Rule 16 of 2025-01-10 Option Contract

The options market is anticipating that Block Inc will have an average daily up or down price movement of about 0.0266% per day over the life of the option. With Block trading at USD 91.94, that is roughly USD 0.0245. If you think that the market is fully understating Block's daily price movement you should consider buying Block Inc options at that current volatility level of 0.43%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Block

An 'Out of The Money' option on Block has a strike price that Block 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 Block's 'Out of The Money' options include buying the options if you expect a big move in Block'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 NameSQ250110P00088000
Expires On2025-01-10
Days Before Expriration3
Vega0.117075
Gamma0.031468
Theoretical Value4.55
Open Interest1
Current Trading Volume2.0
Strike Price88.0
Last Traded At4.55
Current Price Spread4.1 | 4.6
Rule 16 Daily Up or DownUSD 0.0245

Block short PUT Option Greeks

Block's Option Greeks for the contract ending on 2025-01-10 at a strike price of 88.0 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 Block's option greeks, its implied volatility helps estimate the risk of Block stock implied by the prices of the options on Block's stock.
Delta-0.443149
Gamma0.031468
Theta-0.05604
Vega0.117075
Rho-0.041327

Block long PUT Option Payoff at expiration

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

Block short PUT Option Payoff at expiration

By selling Block's put option, the investors signal their bearish sentiment. A short position in a put option written on Block will generally make money when the underlying price is above the strike price. Therefore Block's put payoff at expiration depends on where the Block Stock price is relative to the put option strike price. The breakeven price of 83.45 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 Block's price. Finally, at the strike price of 88.0, the payoff chart is constant and positive.
   Profit   
       Block Price At Expiration  
View All Block Options

Block Inc Available Put Options

Block's option chain is a display of a range of information that helps investors for ways to trade options on Block. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Block. It also shows strike prices and maturity days for a Block 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
SQ250110P00050000050.00.0 - 2.052.05Out
 Put
SQ250110P00055000055.00.0 - 1.21.2Out
 Put
SQ250110P00060000060.00.0 - 2.142.14Out
 Put
SQ250110P00065000065.00.0 - 2.192.19Out
 Put
SQ250110P00070000070.00.0 - 0.60.6Out
 Put
SQ250110P00075000075.00.0 - 2.612.61Out
 Put
SQ250110P00078000078.00.8 - 1.280.8Out
 Put
SQ250110P00079000079.00.0 - 2.992.99Out
 Put
SQ250110P00080000080.01.38 - 2.841.45Out
 Put
SQ250110P00081000081.01.49 - 3.41.49Out
 Put
SQ250110P00082000182.01.71 - 2.652.21Out
 Put
SQ250110P00083000683.01.88 - 3.62.17Out
 Put
SQ250110P00088000188.04.1 - 4.64.55Out
 Put
SQ250110P00089000889.04.7 - 5.74.27In
 Put
SQ250110P00093000393.07.1 - 7.56.81In

Block Corporate Directors

Darren WalkerIndependent DirectorProfile
James McKelveyIndependent DirectorProfile
Amy BrooksIndependent DirectorProfile
Lawrence SummersIndependent DirectorProfile

Additional Tools for Block Stock Analysis

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