ACT251017C00030000 Option on Enact Holdings
ACT Etf | USD 34.85 0.24 0.68% |
ACT251017C00030000 is a PUT option contract on Enact Holdings' common stock with a strick price of 30.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 89 days remaining before the expiration. The option is currently trading at a bid price of $4.4, and an ask price of $8.0. The implied volatility as of the 20th of July is 89.0.
When exercised, put options on Enact Holdings produce a short position in Enact Etf. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Enact Holdings' downside price movement.
Rule 16 of 2025-10-17 Option Contract
The options market is anticipating that Enact Holdings will have an average daily up or down price movement of about 0.0306% per day over the life of the option. With Enact Holdings trading at USD 34.85, that is roughly USD 0.0107. If you think that the market is fully understating Enact Holdings' daily price movement you should consider buying Enact Holdings options at that current volatility level of 0.49%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Call Option on Enact Holdings
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 Enact Holdings 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 Enact Etf have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract Name | ACT251017C00030000 |
Expires On | 2025-10-17 |
Days Before Expriration | 89 |
Delta | 0.771631 |
Vega | 0.051459 |
Gamma | 0.035145 |
Theoretical Value | 6.2 |
Open Interest | 5 |
Strike Price | 30.0 |
Last Traded At | 7.29 |
Current Price Spread | 4.4 | 8.0 |
Rule 16 Daily Up or Down | USD 0.0107 |
Enact short PUT Option Greeks
Enact Holdings' Option Greeks for the contract ending on 2025-10-17 at a strike price of 30.0 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 Enact Holdings' option greeks, its implied volatility helps estimate the risk of Enact Holdings stock implied by the prices of the options on Enact Holdings' stock.
Delta | 0.771631 | |
Gamma | 0.035145 | |
Theta | -0.014726 | |
Vega | 0.051459 | |
Rho | 0.050775 |
Enact long PUT Option Payoff at expiration
Put options written on Enact Holdings grant holders of the option the right to sell a specified amount of Enact Holdings 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 Enact Etf cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Enact Holdings is like buying insurance aginst Enact Holdings' downside shift.
Profit |
Enact Holdings Price At Expiration |
Enact short PUT Option Payoff at expiration
By selling Enact Holdings' put option, the investors signal their bearish sentiment. A short position in a put option written on Enact Holdings will generally make money when the underlying price is above the strike price. Therefore Enact Holdings' put payoff at expiration depends on where the Enact Etf price is relative to the put option strike price. The breakeven price of 36.2 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 Enact Holdings' price. Finally, at the strike price of 30.0, the payoff chart is constant and positive.
Profit |
Enact Holdings Price At Expiration |
Enact Holdings Available Call Options
Enact Holdings' option chain is a display of a range of information that helps investors for ways to trade options on Enact. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Enact. It also shows strike prices and maturity days for a Enact Holdings 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 | ACT251017C00050000 | 0 | 50.0 | 0.0 - 0.2 | 0.2 | |
Call | ACT251017C00045000 | 0 | 45.0 | 0.0 - 0.95 | 0.95 | |
Call | ACT251017C00040000 | 107 | 40.0 | 0.1 - 0.35 | 0.34 | Out |
Call | ACT251017C00035000 | 20 | 35.0 | 1.25 - 1.8 | 1.36 | Out |
Call | ACT251017C00030000 | 5 | 30.0 | 4.4 - 8.0 | 7.29 | In |
Call | ACT251017C00025000 | 0 | 25.0 | 8.3 - 12.5 | 8.3 | In |
Call | ACT251017C00022500 | 0 | 22.5 | 11.3 - 15.0 | 11.3 | In |
Call | ACT251017C00020000 | 0 | 20.0 | 13.0 - 17.5 | 13.0 | In |
Call | ACT251017C00017500 | 0 | 17.5 | 16.0 - 20.0 | 16.0 | In |
Other Information on Investing in Enact Etf
Enact Holdings financial ratios help investors to determine whether Enact Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Enact with respect to the benefits of owning Enact Holdings security.