ACT251017P00030000 Option on Enact Holdings

ACT Etf  USD 34.85  0.24  0.68%   
ACT251017P00030000 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 90 days remaining before the expiration. The option is currently trading at an ask price of $2.0. The implied volatility as of the 19th of July is 90.0.
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 0.0277% per day over the life of the option. With Enact Holdings trading at USD 34.85, that is roughly USD 0.009638. 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 0.44%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Enact Holdings

An 'Out of The Money' option on Enact has a strike price that Enact 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 Enact Holdings' 'Out of The Money' options include buying the options if you expect a big move in Enact Holdings' 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 NameACT251017P00030000
Expires On2025-10-17
Days Before Expriration90
Vega0.049414
Gamma0.037386
Theoretical Value1.0
Open Interest2
Strike Price30.0
Last Traded At0.5
Current Price Spread0.0 | 2.0
Rule 16 Daily Up or DownUSD 0.009638

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-0.207505
Gamma0.037386
Theta-0.011683
Vega0.049414
Rho-0.018183

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 29.0 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  
View All Enact Holdings Options

Enact Holdings Available Put 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 IntStrike PriceCurrent SpreadLast Price
 Put
ACT251017P00050000050.014.1 - 17.214.1In
 Put
ACT251017P00045000045.09.1 - 11.99.1In
 Put
ACT251017P00040000040.04.4 - 7.24.4In
 Put
ACT251017P000350003835.01.25 - 1.61.75Out
 Put
ACT251017P00030000230.00.0 - 2.00.5Out
 Put
ACT251017P00025000025.00.0 - 0.750.75Out
 Put
ACT251017P00022500022.50.0 - 4.84.8Out
 Put
ACT251017P00020000020.00.0 - 4.84.8Out
 Put
ACT251017P00017500017.50.0 - 0.750.75Out

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.