UA250117C00002500 Option on Under Armour C
UA Stock | USD 7.53 0.08 1.05% |
UA250117C00002500 is a PUT option contract on Under Armour's common stock with a strick price of 2.5 expiring on 2025-01-17. The contract was not traded in recent days and, as of today, has 9 days remaining before the expiration. The option is currently trading at a bid price of $3.7, and an ask price of $6.5. The implied volatility as of the 8th of January is 9.0.
Under |
A put option written on Under Armour becomes more valuable as the price of Under Armour drops. Conversely, Under Armour's put option loses its value as Under Stock rises.
Rule 16 of 2025-01-17 Option Contract
The options market is anticipating that Under Armour C will have an average daily up or down price movement of about 0.11% per day over the life of the option. With Under Armour trading at USD 7.53, that is roughly USD 0.008302. If you think that the market is fully understating Under Armour's daily price movement you should consider buying Under Armour C options at that current volatility level of 1.76%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Call Option on Under Armour
An 'Out of The Money' option on Under has a strike price that Under 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 Under Armour's 'Out of The Money' options include buying the options if you expect a big move in Under Armour'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.
Call Contract Name | UA250117C00002500 |
Expires On | 2025-01-17 |
Days Before Expriration | 9 |
Delta | 0.932339 |
Vega | 0.009267 |
Gamma | 0.010467 |
Theoretical Value | 5.1 |
Open Interest | 125 |
Strike Price | 2.5 |
Current Price Spread | 3.7 | 6.5 |
Rule 16 Daily Up or Down | USD 0.008302 |
Under short PUT Option Greeks
Under Armour's Option Greeks for the contract ending on 2025-01-17 at a strike price of 2.5 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 Under Armour's option greeks, its implied volatility helps estimate the risk of Under Armour stock implied by the prices of the options on Under Armour's stock.
Delta | 0.932339 | |
Gamma | 0.010467 | |
Theta | -0.001838 | |
Vega | 0.009267 | |
Rho | 0.009161 |
Under long PUT Option Payoff at expiration
Put options written on Under Armour grant holders of the option the right to sell a specified amount of Under Armour 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 Under Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Under Armour is like buying insurance aginst Under Armour's downside shift.
Profit |
Under Armour Price At Expiration |
Under short PUT Option Payoff at expiration
By selling Under Armour's put option, the investors signal their bearish sentiment. A short position in a put option written on Under Armour will generally make money when the underlying price is above the strike price. Therefore Under Armour's put payoff at expiration depends on where the Under Stock price is relative to the put option strike price. The breakeven price of 7.6 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 Under Armour's price. Finally, at the strike price of 2.5, the payoff chart is constant and positive.
Profit |
Under Armour Price At Expiration |
Under Armour C Available Call Options
Under Armour's option chain is a display of a range of information that helps investors for ways to trade options on Under. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Under. It also shows strike prices and maturity days for a Under Armour 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 | UA250117C00002500 | 125 | 2.5 | 3.7 - 6.5 | 3.7 | Out |
Call | UA250117C00005000 | 623 | 5.0 | 2.15 - 2.35 | 2.15 | Out |
Call | UA250117C00007500 | 2006 | 7.5 | 1.05 - 1.2 | 1.08 | Out |
Call | UA250117C00010000 | 3529 | 10.0 | 0.5 - 0.6 | 0.5 | Out |
Call | UA250117C00012500 | 1259 | 12.5 | 0.25 - 0.35 | 0.25 | Out |
Call | UA250117C00015000 | 11702 | 15.0 | 0.1 - 0.2 | 0.1 | Out |
Call | UA250117C00017500 | 77 | 17.5 | 0.1 - 0.15 | 0.1 | Out |
Call | UA250117C00020000 | 661 | 20.0 | 0.05 - 0.25 | 0.05 | Out |
Call | UA250117C00022500 | 58 | 22.5 | 0.05 - 0.15 | 0.05 | Out |
Under Armour Corporate Directors
Westley Moore | Independent Director | Profile | |
Mohamed ElErian | Lead Independent Director | Profile | |
Harvey Sanders | Independent Director | Profile | |
Alvin Krongard | Lead Independent Director | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Under Armour C. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Apparel, Accessories & Luxury Goods 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 Under Armour. If investors know Under 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 Under Armour 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 0.686 | Earnings Share (0.04) | Revenue Per Share | Quarterly Revenue Growth (0.11) | Return On Assets |
The market value of Under Armour C is measured differently than its book value, which is the value of Under that is recorded on the company's balance sheet. Investors also form their own opinion of Under Armour's value that differs from its market value or its book value, called intrinsic value, which is Under Armour'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 Under Armour's market value can be influenced by many factors that don't directly affect Under Armour'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 Under Armour's value and its price as these two are different measures arrived at by different means. Investors typically determine if Under Armour is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Under Armour'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.