2024-10-18 PUT at $89.0 Option on Invesco SP 500
| SPMO Etf | USD 87.35 1.16 1.35% |
2024-10-18 PUT at $89.0 is a PUT option contract on Invesco SP's common stock with a strick price of 89.0 expiring on 2024-10-18. The contract was not traded in recent days and, as of today, has 114 days remaining before the expiration. The option is currently trading at a bid price of $1.25, and an ask price of $4.6. The implied volatility as of the 26th of June is 13.53.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Invesco SP 500. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population.
Invesco |
A put option written on Invesco SP becomes more valuable as the price of Invesco SP drops. Conversely, Invesco SP's put option loses its value as Invesco Etf rises. When exercised, put options on Invesco SP produce a short position in Invesco Etf. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Invesco SP's downside price movement.
Rule 16 of 2024-10-18 Option Contract
The options market is anticipating that Invesco SP 500 will have an average daily up or down price movement of about 0.85% per day over the life of the option. With Invesco SP trading at USD 87.35, that is roughly USD 0.74. If you think that the market is fully understating Invesco SP's daily price movement you should consider buying Invesco SP 500 options at that current volatility level of 13.53%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Put Option on Invesco SP
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 Invesco SP 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 Invesco Etf 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 | 2024-10-18 PUT at $89.0 |
| Expires On | 2024-10-18 |
| Days Before Expriration | 114 |
| Last Traded On | 0000-00-00 00:00:00 |
| Contract Period | MONTHLY |
| Open Interest | 0 |
| Current Trading Volume | 0.0 |
| Strike Price | 89.0 |
| Last Traded At | 0.0 |
| Current Price Spread | 1.25 | 4.6 |
| Rule 16 Daily Up or Down | USD0.74 |
Invesco short PUT Option Greeks
Invesco SP's Option Greeks for the contract ending on 2024-10-18 at a strike price of 89.0 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 Invesco SP's option greeks, its implied volatility helps estimate the risk of Invesco SP stock implied by the prices of the options on Invesco SP's stock.
| Delta | -0.5474 | |
| Gamma | 0.0639 | |
| Theta | -0.0064 | |
| Vega | 0.1862 | |
| Rho | -0.0967 |
Invesco long PUT Option Payoff at expiration
Put options written on Invesco SP grant holders of the option the right to sell a specified amount of Invesco SP 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 Invesco Etf cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Invesco SP is like buying insurance aginst Invesco SP's downside shift.
Profit |
| Invesco SP Price At Expiration |
Invesco short PUT Option Payoff at expiration
By selling Invesco SP's put option, the investors signal their bearish sentiment. A short position in a put option written on Invesco SP will generally make money when the underlying price is above the strike price. Therefore Invesco SP's put payoff at expiration depends on where the Invesco Etf price is relative to the put option strike price. The breakeven price of 86.07 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 Invesco SP's price. Finally, at the strike price of 89.0, the payoff chart is constant and positive.
Profit |
| Invesco SP Price At Expiration |
Invesco SP 500 Available Put Options
Invesco SP's option chain is a display of a range of information that helps investors for ways to trade options on Invesco. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Invesco. It also shows strike prices and maturity days for a Invesco 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.
| Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Put | 2024-07-19 PUT at $85.0 | -0.2866 | 0.0698 | 4 | 2024-07-19 | 0.25 - 1.0 | 0.9 | Out |
Put | 2024-07-19 PUT at $87.0 | -0.415 | 0.1408 | 0 | 2024-07-19 | 0.7 - 1.0 | 0.0 | Out |
Put | 2024-07-19 PUT at $88.0 | -0.5665 | 0.1507 | 1 | 2024-07-19 | 1.25 - 2.0 | 1.3 | In |
Put | 2024-07-19 PUT at $89.0 | -0.6739 | 0.1143 | 1 | 2024-07-19 | 1.6 - 2.7 | 1.15 | In |
Put | 2024-07-19 PUT at $90.0 | -0.8315 | 0.0951 | 0 | 2024-07-19 | 0.75 - 4.8 | 0.0 | In |
Put | 2024-07-19 PUT at $91.0 | -0.624 | 0.0415 | 0 | 2024-07-19 | 1.6 - 5.7 | 0.0 | In |
Additional Information and Resources on Investing in Invesco Etf
When determining whether Invesco SP 500 is a strong investment it is important to analyze Invesco SP's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Invesco SP's future performance. For an informed investment choice regarding Invesco Etf, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Invesco SP 500. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
The market value of Invesco SP 500 is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco SP's value that differs from its market value or its book value, called intrinsic value, which is Invesco 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 Invesco SP's market value can be influenced by many factors that don't directly affect Invesco 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 Invesco SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco 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.