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.
Valley |
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 Name | VLY250117P00007000 |
Expires On | 2025-01-17 |
Days Before Expriration | 11 |
Vega | 0.030009 |
Gamma | 0.07438 |
Theoretical Value | 0.95 |
Open Interest | 52 |
Strike Price | 7.0 |
Current Price Spread | 0.85 | 1.05 |
Rule 16 Daily Up or Down | USD 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 | |
Gamma | 0.07438 | |
Theta | -0.001339 | |
Vega | 0.030009 | |
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 |
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 Int | Strike Price | Current Spread | Last Price | |||
Put | VLY250117P00003000 | 1 | 3.0 | 0.0 - 1.7 | 1.7 | Out |
Put | VLY250117P00004000 | 0 | 4.0 | 0.3 - 0.45 | 0.3 | |
Put | VLY250117P00005000 | 1 | 5.0 | 0.3 - 0.55 | 0.3 | Out |
Put | VLY250117P00006000 | 0 | 6.0 | 0.8 - 0.95 | 0.8 | |
Put | VLY250117P00007000 | 52 | 7.0 | 0.85 - 1.05 | 0.85 | Out |
Put | VLY250117P00008000 | 0 | 8.0 | 1.75 - 1.9 | 1.75 | |
Put | VLY250117P00010000 | 800 | 10.0 | 1.1 - 2.45 | 1.1 | Out |
Put | VLY250117P00012000 | 151 | 12.0 | 3.7 - 4.1 | 3.7 | Out |
Put | VLY250117P00015000 | 0 | 15.0 | 4.1 - 8.9 | 4.1 | |
Put | VLY250117P00020000 | 0 | 20.0 | 9.2 - 13.8 | 9.2 |
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.
Russell Barrett | Senior COO | Profile |
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.