2024-06-21 PUT at $17.0 Option on Amplify High Income
| YYY Etf | USD 11.91 0.12 1.02% |
2024-06-21 PUT at $17.0 is a PUT option contract on Amplify High's common stock with a strick price of 17.0 expiring on 2024-06-21. The contract was not traded in recent days and, as of today, has 18 days remaining before the expiration. The option is currently trading at a bid price of $2.8, and an ask price of $7.6. The implied volatility as of the 3rd of June is 110.2.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Amplify High Income. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
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A put option written on Amplify High becomes more valuable as the price of Amplify High drops. Conversely, Amplify High's put option loses its value as Amplify Etf rises. When exercised, put options on Amplify High produce a short position in Amplify Etf. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Amplify High's downside price movement.
Rule 16 of 2024-06-21 Option Contract
The options market is anticipating that Amplify High Income will have an average daily up or down price movement of about 6.89% per day over the life of the option. With Amplify High trading at USD 11.91, that is roughly USD 0.82. If you think that the market is fully understating Amplify High's daily price movement you should consider buying Amplify High Income options at that current volatility level of 110.2%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Put Option on Amplify High
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 Amplify High 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 Amplify 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 | 2024-06-21 PUT at $17.0 |
| Expires On | 2024-06-21 |
| Days Before Expriration | 18 |
| Last Traded On | 0000-00-00 00:00:00 |
| Contract Period | MONTHLY |
| Open Interest | 0 |
| Current Trading Volume | 0.0 |
| Strike Price | 17.0 |
| Last Traded At | 0.0 |
| Current Price Spread | 2.8 | 7.6 |
| Rule 16 Daily Up or Down | USD0.82 |
Amplify short PUT Option Greeks
Amplify High's Option Greeks for the contract ending on 2024-06-21 at a strike price of 17.0 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 Amplify High's option greeks, its implied volatility helps estimate the risk of Amplify High stock implied by the prices of the options on Amplify High's stock.
| Delta | -0.8977 | |
| Gamma | 0.0594 | |
| Theta | -0.0123 | |
| Vega | 0.0049 | |
| Rho | -0.005 |
Amplify long PUT Option Payoff at expiration
Put options written on Amplify High grant holders of the option the right to sell a specified amount of Amplify High 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 Amplify Etf cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Amplify High is like buying insurance aginst Amplify High's downside shift.
Profit |
| Amplify High Price At Expiration |
Amplify short PUT Option Payoff at expiration
By selling Amplify High's put option, the investors signal their bearish sentiment. A short position in a put option written on Amplify High will generally make money when the underlying price is above the strike price. Therefore Amplify High's put payoff at expiration depends on where the Amplify Etf price is relative to the put option strike price. The breakeven price of 11.8 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 Amplify High's price. Finally, at the strike price of 17.0, the payoff chart is constant and positive.
Profit |
| Amplify High Price At Expiration |
Amplify High Income Available Put Options
Amplify High's option chain is a display of a range of information that helps investors for ways to trade options on Amplify. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Amplify. It also shows strike prices and maturity days for a Amplify High 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 | 2024-06-21 PUT at $17.0 | -0.8977 | 0.0594 | 0 | 2024-06-21 | 2.8 - 7.6 | 0.0 | In |
Put | 2024-06-21 PUT at $16.0 | -0.8873 | 0.0727 | 0 | 2024-06-21 | 1.8 - 6.6 | 0.0 | In |
Put | 2024-06-21 PUT at $15.0 | -0.8721 | 0.0946 | 0 | 2024-06-21 | 0.8 - 5.6 | 0.0 | In |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Amplify High without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Already Invested in Amplify High Income?
The danger of trading Amplify High Income is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Amplify High is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Amplify High. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Amplify High Income is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Amplify High Income offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Amplify High's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Amplify High Income Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Amplify High Income Etf: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Amplify High Income. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
The market value of Amplify High Income is measured differently than its book value, which is the value of Amplify that is recorded on the company's balance sheet. Investors also form their own opinion of Amplify High's value that differs from its market value or its book value, called intrinsic value, which is Amplify High'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 Amplify High's market value can be influenced by many factors that don't directly affect Amplify High'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 Amplify High's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amplify High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amplify High'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.