VLY250117P00007000 Option on Valley National Bancorp

VLY Stock  USD 9.06  0.01  0.11%   
VLY250117P00007000 is a PUT option contract on Valley National's common stock with a strick price of 7.0 expiring on 2025-01-17. The contract was not traded in recent days and, as of today, has 11 days remaining before the expiration. The option is currently trading at a bid price of $0.85, and an ask price of $1.05. The implied volatility as of the 6th of January is 11.0.
  
A put option written on Valley National becomes more valuable as the price of Valley National drops. Conversely, Valley National's put option loses its value as Valley Stock rises.

Rule 16 of 2025-01-17 Option Contract

The options market is anticipating that Valley National Bancorp will have an average daily up or down price movement of about 0.0288% per day over the life of the option. With Valley National trading at USD 9.06, that is roughly USD 0.002606. If you think that the market is fully understating Valley National's daily price movement you should consider buying Valley National Bancorp options at that current volatility level of 0.46%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Valley National

An 'Out of The Money' option on Valley has a strike price that Valley 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 Valley National's 'Out of The Money' options include buying the options if you expect a big move in Valley National'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 NameVLY250117P00007000
Expires On2025-01-17
Days Before Expriration11
Vega0.030009
Gamma0.07438
Theoretical Value0.95
Open Interest52
Strike Price7.0
Current Price Spread0.85 | 1.05
Rule 16 Daily Up or DownUSD 0.002606

Valley short PUT Option Greeks

Valley National's Option Greeks for the contract ending on 2025-01-17 at a strike price of 7.0 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 Valley National's option greeks, its implied volatility helps estimate the risk of Valley National stock implied by the prices of the options on Valley National's stock.
Delta-0.264846
Gamma0.07438
Theta-0.001339
Vega0.030009
Rho-0.033886

Valley long PUT Option Payoff at expiration

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

Valley short PUT Option Payoff at expiration

By selling Valley National's put option, the investors signal their bearish sentiment. A short position in a put option written on Valley National will generally make money when the underlying price is above the strike price. Therefore Valley National's put payoff at expiration depends on where the Valley Stock price is relative to the put option strike price. The breakeven price of 6.05 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 Valley National's price. Finally, at the strike price of 7.0, the payoff chart is constant and positive.
   Profit   
       Valley National Price At Expiration  
View All Valley National Options

Valley National Bancorp Available Put Options

Valley National's option chain is a display of a range of information that helps investors for ways to trade options on Valley. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Valley. It also shows strike prices and maturity days for a Valley National 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
VLY250117P0000300013.00.0 - 1.71.7Out
 Put
VLY250117P0000400004.00.3 - 0.450.3Out
 Put
VLY250117P0000500015.00.3 - 0.550.3Out
 Put
VLY250117P0000600006.00.8 - 0.950.8Out
 Put
VLY250117P00007000527.00.85 - 1.050.85Out
 Put
VLY250117P0000800008.01.75 - 1.91.75Out
 Put
VLY250117P0001000080010.01.1 - 2.451.1Out
 Put
VLY250117P0001200015112.03.7 - 4.13.7Out
 Put
VLY250117P00015000015.04.1 - 8.94.1Out
 Put
VLY250117P00020000020.09.2 - 13.89.2Out

Valley National Corporate Executives

Elected by the shareholders, the Valley National's board of directors comprises two types of representatives: Valley National inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Valley. The board's role is to monitor Valley National's management team and ensure that shareholders' interests are well served. Valley National's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Valley National's outside directors are responsible for providing unbiased perspectives on the board's policies.

Additional Tools for Valley Stock Analysis

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