2024-06-21 PUT at $48.0 Option on Main Sector Rotation
| SECT Etf | USD 50.19 0.24 0.48% |
2024-06-21 PUT at $48.0 is a PUT option contract on Main Sector's common stock with a strick price of 48.0 expiring on 2024-06-21. The contract was not traded in recent days and, as of today, has 19 days remaining before the expiration. The option is currently trading at a bid price of $0.1, and an ask price of $4.7. The implied volatility as of the 2nd of June is 14.65.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Main Sector Rotation. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Main |
A put option written on Main Sector becomes more valuable as the price of Main Sector drops. Conversely, Main Sector's put option loses its value as Main Etf rises. When exercised, put options on Main Sector produce a short position in Main Etf. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Main Sector's downside price movement.
Rule 16 of 2024-06-21 Option Contract
The options market is anticipating that Main Sector Rotation will have an average daily up or down price movement of about 0.92% per day over the life of the option. With Main Sector trading at USD 50.19, that is roughly USD 0.46. If you think that the market is fully understating Main Sector's daily price movement you should consider buying Main Sector Rotation options at that current volatility level of 14.65%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on Main Sector
An 'Out of The Money' option on Main has a strike price that Main Etf 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 Main Sector's 'Out of The Money' options include buying the options if you expect a big move in Main Sector'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 | 2024-06-21 PUT at $48.0 |
| Expires On | 2024-06-21 |
| Days Before Expriration | 19 |
| Last Traded On | 0000-00-00 00:00:00 |
| Contract Period | MONTHLY |
| Open Interest | 0 |
| Current Trading Volume | 0.0 |
| Strike Price | 48.0 |
| Last Traded At | 0.0 |
| Current Price Spread | 0.1 | 4.7 |
| Rule 16 Daily Up or Down | USD0.46 |
Main short PUT Option Greeks
Main Sector's Option Greeks for the contract ending on 2024-06-21 at a strike price of 48.0 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 Main Sector's option greeks, its implied volatility helps estimate the risk of Main Sector stock implied by the prices of the options on Main Sector's stock.
| Delta | -0.6196 | |
| Gamma | 0.0904 | |
| Theta | -0.0026 | |
| Vega | 0.1105 | |
| Rho | -0.0714 |
Main long PUT Option Payoff at expiration
Put options written on Main Sector grant holders of the option the right to sell a specified amount of Main Sector 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 Main Etf cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Main Sector is like buying insurance aginst Main Sector's downside shift.
Profit |
| Main Sector Price At Expiration |
Main short PUT Option Payoff at expiration
By selling Main Sector's put option, the investors signal their bearish sentiment. A short position in a put option written on Main Sector will generally make money when the underlying price is above the strike price. Therefore Main Sector's put payoff at expiration depends on where the Main Etf price is relative to the put option strike price. The breakeven price of 45.6 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 Main Sector's price. Finally, at the strike price of 48.0, the payoff chart is constant and positive.
Profit |
| Main Sector Price At Expiration |
Main Sector Rotation Available Put Options
Main Sector's option chain is a display of a range of information that helps investors for ways to trade options on Main. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Main. It also shows strike prices and maturity days for a Main Sector 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 $48.0 | -0.6196 | 0.0904 | 0 | 2024-06-21 | 0.1 - 4.7 | 0.0 | Out |
Put | 2024-06-21 PUT at $49.0 | -0.7165 | 0.0743 | 0 | 2024-06-21 | 0.9 - 5.5 | 0.0 | Out |
Put | 2024-06-21 PUT at $50.0 | -0.7451 | 0.1643 | 0 | 2024-06-21 | 1.9 - 6.5 | 0.0 | Out |
Put | 2024-06-21 PUT at $51.0 | -0.7676 | 0.0507 | 0 | 2024-06-21 | 2.9 - 7.5 | 0.0 | In |
Put | 2024-06-21 PUT at $52.0 | -0.7849 | 0.0437 | 0 | 2024-06-21 | 3.9 - 8.5 | 0.0 | In |
Put | 2024-06-21 PUT at $53.0 | -0.7982 | 0.0385 | 0 | 2024-06-21 | 4.9 - 9.5 | 0.0 | In |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Main Sector 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 Main Sector Rotation?
The danger of trading Main Sector Rotation 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 Main Sector 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 Main Sector. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Main Sector Rotation 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 Main Sector Rotation is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Main Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Main Sector Rotation Etf. Highlighted below are key reports to facilitate an investment decision about Main Sector Rotation Etf: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Main Sector Rotation. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Main Sector Rotation information on this page should be used as a complementary analysis to other Main Sector's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
The market value of Main Sector Rotation is measured differently than its book value, which is the value of Main that is recorded on the company's balance sheet. Investors also form their own opinion of Main Sector's value that differs from its market value or its book value, called intrinsic value, which is Main Sector'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 Main Sector's market value can be influenced by many factors that don't directly affect Main Sector'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 Main Sector's value and its price as these two are different measures arrived at by different means. Investors typically determine if Main Sector is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Main Sector'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.