2024-09-20 PUT at $100.0 Option on Starbucks
SBUX Stock | USD 96.12 0.32 0.33% |
2024-09-20 PUT at $100.0 is a PUT option contract on Starbucks' common stock with a strick price of 100.0 expiring on 2024-09-20. The contract was last traded on 2024-09-17 at 15:59:45 for $3.9 and, as of today, has 2 days remaining before the expiration. The option is currently trading at a bid price of $3.6, and an ask price of $4.25. The implied volatility as of the 18th of September 2024 is 42.69.
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Starbucks |
A put option written on Starbucks becomes more valuable as the price of Starbucks drops. Conversely, Starbucks' put option loses its value as Starbucks Stock rises. When exercised, put options on Starbucks produce a short position in Starbucks Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Starbucks' downside price movement.
Rule 16 of 2024-09-20 Option Contract
The options market is anticipating that Starbucks will have an average daily up or down price movement of about 2.67% per day over the life of the option. With Starbucks trading at USD 96.12, that is roughly USD 2.56. If you think that the market is fully understating Starbucks' daily price movement you should consider buying Starbucks options at that current volatility level of 42.69%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Put Option on Starbucks
An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Starbucks positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Starbucks Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Put Contract Name | 2024-09-20 PUT at $100.0 |
Expires On | 2024-09-20 |
Days Before Expriration | 2 |
Last Traded On | 2024-09-17 15:59:45 |
Contract Period | MONTHLY |
Open Interest | 1317 |
Current Trading Volume | 362.0 |
Strike Price | 100.0 |
Last Traded At | 3.9 |
Current Price Spread | 3.6 | 4.25 |
Rule 16 Daily Up or Down | USD2.56 |
Starbucks short PUT Option Greeks
Starbucks' Option Greeks for the contract ending on 2024-09-20 at a strike price of 100.0 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 Starbucks' option greeks, its implied volatility helps estimate the risk of Starbucks stock implied by the prices of the options on Starbucks' stock.
Delta | -0.82 | |
Gamma | 0.0706 | |
Theta | -0.1577 | |
Vega | 0.0229 | |
Rho | -0.0052 |
Starbucks long PUT Option Payoff at expiration
Put options written on Starbucks grant holders of the option the right to sell a specified amount of Starbucks 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 Starbucks Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Starbucks is like buying insurance aginst Starbucks' downside shift.
Profit |
Starbucks Price At Expiration |
Starbucks short PUT Option Payoff at expiration
By selling Starbucks' put option, the investors signal their bearish sentiment. A short position in a put option written on Starbucks will generally make money when the underlying price is above the strike price. Therefore Starbucks' put payoff at expiration depends on where the Starbucks Stock price is relative to the put option strike price. The breakeven price of 96.1 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 Starbucks' price. Finally, at the strike price of 100.0, the payoff chart is constant and positive.
Profit |
Starbucks Price At Expiration |
Starbucks Available Put Options
Starbucks' option chain is a display of a range of information that helps investors for ways to trade options on Starbucks. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Starbucks. It also shows strike prices and maturity days for a Starbucks 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.
Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Put | 2024-09-20 PUT at $145.0 | -0.9652 | 0.0038 | 0 | 2024-09-20 | 47.95 - 49.65 | 71.95 | In |
Put | 2024-09-20 PUT at $140.0 | -0.8949 | 0.007 | 0 | 2024-09-20 | 42.4 - 44.7 | 0.0 | In |
Put | 2024-09-20 PUT at $135.0 | -0.955 | 0.0052 | 0 | 2024-09-20 | 37.55 - 40.15 | 0.0 | In |
Put | 2024-09-20 PUT at $130.0 | -0.9385 | 0.0069 | 0 | 2024-09-20 | 33.4 - 34.55 | 30.95 | In |
Put | 2024-09-20 PUT at $125.0 | -0.9676 | 0.0056 | 0 | 2024-09-20 | 27.45 - 28.7 | 28.06 | In |
Put | 2024-09-20 PUT at $120.0 | -0.9637 | 0.007 | 1 | 2024-09-20 | 23.3 - 23.7 | 22.5 | In |
Put | 2024-09-20 PUT at $115.0 | -0.99 | 0.0037 | 2 | 2024-09-20 | 18.4 - 18.75 | 19.6 | In |
Put | 2024-09-20 PUT at $112.0 | -0.934 | 0.0139 | 0 | 2024-09-20 | 15.2 - 15.8 | 0.0 | In |
Put | 2024-09-20 PUT at $111.0 | -0.881 | 0.0182 | 0 | 2024-09-20 | 13.3 - 15.15 | 14.09 | In |
Put | 2024-09-20 PUT at $110.0 | -0.9619 | 0.0119 | 3 | 2024-09-20 | 13.45 - 13.65 | 11.7 | In |
Put | 2024-09-20 PUT at $109.0 | -0.8994 | 0.0198 | 2 | 2024-09-20 | 10.95 - 12.95 | 10.35 | In |
Put | 2024-09-20 PUT at $108.0 | -0.8538 | 0.0232 | 0 | 2024-09-20 | 10.65 - 12.25 | 10.98 | In |
Put | 2024-09-20 PUT at $107.0 | -0.9854 | 0.0082 | 0 | 2024-09-20 | 10.45 - 10.7 | 10.15 | In |
Put | 2024-09-20 PUT at $106.0 | -0.9522 | 0.0186 | 0 | 2024-09-20 | 9.45 - 9.65 | 7.45 | In |
Put | 2024-09-20 PUT at $105.0 | -0.9256 | 0.034 | 4 | 2024-09-20 | 8.45 - 9.0 | 9.62 | In |
Put | 2024-09-20 PUT at $104.0 | -0.9815 | 0.0131 | 22 | 2024-09-20 | 7.45 - 7.7 | 8.29 | In |
Put | 2024-09-20 PUT at $103.0 | -0.9211 | 0.0335 | 16 | 2024-09-20 | 6.25 - 6.7 | 6.35 | In |
Put | 2024-09-20 PUT at $102.0 | -0.9128 | 0.0407 | 27 | 2024-09-20 | 3.7 - 5.7 | 5.94 | In |
Put | 2024-09-20 PUT at $101.0 | -0.8292 | 0.0558 | 154 | 2024-09-20 | 4.5 - 5.4 | 5.45 | In |
Put | 2024-09-20 PUT at $100.0 | -0.82 | 0.0706 | 1317 | 2024-09-20 | 3.6 - 4.25 | 3.9 | In |
Put | 2024-09-20 PUT at $99.0 | -0.8145 | 0.0985 | 317 | 2024-09-20 | 2.6 - 3.0 | 2.82 | In |
Put | 2024-09-20 PUT at $98.0 | -0.7179 | 0.1305 | 2225 | 2024-09-20 | 1.95 - 2.03 | 2.05 | In |
Put | 2024-09-20 PUT at $97.0 | -0.5755 | 0.1483 | 1037 | 2024-09-20 | 0.5 - 1.37 | 1.35 | In |
Put | 2024-09-20 PUT at $96.0 | -0.4255 | 0.1481 | 1618 | 2024-09-20 | 0.83 - 0.87 | 0.84 | Out |
Put | 2024-09-20 PUT at $95.0 | -0.2931 | 0.1239 | 8786 | 2024-09-20 | 0.34 - 0.56 | 0.52 | Out |
Put | 2024-09-20 PUT at $94.0 | -0.1881 | 0.0941 | 2507 | 2024-09-20 | 0.27 - 0.33 | 0.3 | Out |
Put | 2024-09-20 PUT at $93.0 | -0.123 | 0.0661 | 3538 | 2024-09-20 | 0.16 - 0.2 | 0.19 | Out |
Put | 2024-09-20 PUT at $92.0 | -0.0796 | 0.0451 | 5337 | 2024-09-20 | 0.09 - 0.13 | 0.12 | Out |
Put | 2024-09-20 PUT at $91.0 | -0.0531 | 0.0307 | 875 | 2024-09-20 | 0.08 - 0.09 | 0.08 | Out |
Put | 2024-09-20 PUT at $90.0 | -0.0338 | 0.0203 | 15682 | 2024-09-20 | 0.04 - 0.07 | 0.05 | Out |
Put | 2024-09-20 PUT at $89.0 | -0.0303 | 0.0164 | 1084 | 2024-09-20 | 0.02 - 0.12 | 0.05 | Out |
Put | 2024-09-20 PUT at $88.0 | -0.0233 | 0.0122 | 759 | 2024-09-20 | 0.01 - 0.05 | 0.04 | Out |
Put | 2024-09-20 PUT at $87.0 | -0.0126 | 0.0072 | 698 | 2024-09-20 | 0.01 - 0.05 | 0.02 | Out |
Put | 2024-09-20 PUT at $86.0 | -0.0158 | 0.0076 | 891 | 2024-09-20 | 0.0 - 0.03 | 0.03 | Out |
Put | 2024-09-20 PUT at $85.0 | -0.0147 | 0.0065 | 16724 | 2024-09-20 | 0.02 - 0.03 | 0.03 | Out |
Put | 2024-09-20 PUT at $84.0 | -0.0057 | 0.0031 | 128 | 2024-09-20 | 0.01 - 0.04 | 0.01 | Out |
Put | 2024-09-20 PUT at $83.0 | -0.0054 | 0.0027 | 91 | 2024-09-20 | 0.0 - 1.77 | 0.01 | Out |
Put | 2024-09-20 PUT at $82.0 | -0.005 | 0.0024 | 643 | 2024-09-20 | 0.0 - 0.02 | 0.01 | Out |
Put | 2024-09-20 PUT at $80.0 | -0.0045 | 0.0019 | 13189 | 2024-09-20 | 0.0 - 0.01 | 0.01 | Out |
Put | 2024-09-20 PUT at $75.0 | -0.0035 | 0.0011 | 14306 | 2024-09-20 | 0.0 - 0.01 | 0.01 | Out |
Put | 2024-09-20 PUT at $70.0 | -0.0028 | 8.0E-4 | 14140 | 2024-09-20 | 0.0 - 0.01 | 0.01 | Out |
Starbucks Corporate Management
Bao Bauduin | Senior Finance | Profile | |
Ashish Mishra | Deputy VP | Profile | |
Bradley Lerman | Executive Counsel | Profile | |
Aranthan II | Executive Affairs | Profile | |
Tiffany Willis | Vice Engagement | Profile | |
Michelle Burns | Executive Sustainability | Profile |
Additional Tools for Starbucks Stock Analysis
When running Starbucks' price analysis, check to measure Starbucks' 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 Starbucks is operating at the current time. Most of Starbucks' value examination focuses on studying past and present price action to predict the probability of Starbucks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Starbucks' price. Additionally, you may evaluate how the addition of Starbucks to your portfolios can decrease your overall portfolio volatility.