SPDR SP Stock Options
| XTN Etf | USD 89.01 0.77 0.87% |
SPDR SP's latest option contracts expiring on January 17th 2025 are carrying combined implied volatility of 0.17. The SPDR SP option chain provides detailed quote and price information for the current SPDR SP Transportation option contracts. It shows all of SPDR SP's listed puts, calls, expiration dates, strike prices, and other pricing information.
SPDR SP Maximum Pain Price Across 2025-01-17 Option Contracts
Max pain occurs when SPDR SP's market makers reach a net positive position across all SPDR SP's options at a strike price where option holders stand to lose the most money. By contrast, SPDR SP's option sellers may reap the most after selling more options than buying, causing them to expire worthless.
In The Money vs. Out of Money Option Contracts on SPDR SP
Analyzing SPDR SP's in-the-money options over time can help investors to take a profitable long position in SPDR SP regardless of its overall volatility. This is especially true when SPDR SP's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money SPDR SP's options could be used as guardians of the underlying stock as they move almost dollar for dollar with SPDR SP's stock while costing only a fraction of its price.
Please note that buying 'in-the-money' options on SPDR SP lessens the impact of time decay, as they carry both intrinsic and time value. So, even if SPDR SP's value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money SPDR SP contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if SPDR Etf moves the wrong way.
SPDR Current Options Market Mood
SPDR SP's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps SPDR Etf's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.
Put-to-Call Volume
It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Using current SPDR SP's option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.
Rule 16 of the current SPDR contract
Base on the Rule 16, the options market is currently suggesting that SPDR SP Transportation will have an average daily up or down price movement of about 0.0106% per day over the life of the 2025-01-17 option contract. With SPDR SP trading at USD 89.01, that is roughly USD 0.009457. If you think that the market is fully incorporating SPDR SP's daily price movement you should consider buying SPDR SP Transportation options at the current volatility level of 0.17%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
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Purchasing SPDR SP options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" SPDR calls. Remember, the seller must deliver SPDR SP Transportation stock to the call owner when a call is exercised.
SPDR SP Option Chain
When SPDR SP's strike price is surpassing the current stock price, the option contract against SPDR SP Transportation stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
SPDR SP's option chain is a display of a range of information that helps investors for ways to trade options on SPDR. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for SPDR. It also shows strike prices and maturity days for a SPDR SP 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 | XTN250117C00076000 | 0 | 76.0 | 4.3 - 9.3 | 4.3 | |
Call | XTN250117C00077000 | 0 | 77.0 | 3.6 - 8.6 | 3.6 | |
Call | XTN250117C00078000 | 0 | 78.0 | 3.3 - 8.2 | 3.3 | |
Call | XTN250117C00079000 | 0 | 79.0 | 2.6 - 7.6 | 2.6 | |
Call | XTN250117C00080000 | 0 | 80.0 | 2.1 - 7.1 | 2.1 | |
Call | XTN250117C00081000 | 0 | 81.0 | 1.6 - 6.6 | 1.6 | |
Call | XTN250117C00082000 | 0 | 82.0 | 1.1 - 6.1 | 1.1 | |
Call | XTN250117C00083000 | 0 | 83.0 | 0.7 - 5.7 | 0.7 | |
Call | XTN250117C00084000 | 0 | 84.0 | 0.3 - 5.3 | 0.3 | |
Call | XTN250117C00085000 | 0 | 85.0 | 0.0 - 4.8 | 4.8 | |
Put | XTN250117P00076000 | 0 | 76.0 | 0.6 - 5.6 | 0.6 | |
Put | XTN250117P00077000 | 0 | 77.0 | 1.0 - 6.0 | 1.0 | |
Put | XTN250117P00078000 | 0 | 78.0 | 1.4 - 6.4 | 1.4 | |
Put | XTN250117P00079000 | 0 | 79.0 | 1.8 - 6.8 | 1.8 | |
Put | XTN250117P00080000 | 0 | 80.0 | 2.3 - 7.3 | 2.3 | |
Put | XTN250117P00081000 | 0 | 81.0 | 2.7 - 7.7 | 2.7 | |
Put | XTN250117P00082000 | 0 | 82.0 | 3.4 - 8.3 | 3.4 | |
Put | XTN250117P00083000 | 0 | 83.0 | 4.0 - 8.9 | 4.0 | |
Put | XTN250117P00084000 | 0 | 84.0 | 4.6 - 9.5 | 4.6 | |
Put | XTN250117P00085000 | 0 | 85.0 | 5.3 - 10.2 | 5.3 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in SPDR SP Transportation. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
The market value of SPDR SP Transportation is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR SP's value that differs from its market value or its book value, called intrinsic value, which is SPDR SP'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 SPDR SP's market value can be influenced by many factors that don't directly affect SPDR SP'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 SPDR SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SP'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.