ANGL251017P00029000 Option on VanEck Fallen Angel

ANGL Etf  USD 29.21  0.05  0.17%   
ANGL251017P00029000 is a PUT option contract on VanEck Fallen's common stock with a strick price of 29.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 86 days remaining before the expiration. The option is currently trading at an ask price of $0.95. The implied volatility as of the 23rd of July is 86.0.
When exercised, put options on VanEck Fallen produce a short position in VanEck Etf. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on VanEck Fallen's downside price movement.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that VanEck Fallen Angel will have an average daily up or down price movement of about 0.006881% per day over the life of the option. With VanEck Fallen trading at USD 29.21, that is roughly USD 0.00201. If you think that the market is fully understating VanEck Fallen's daily price movement you should consider buying VanEck Fallen Angel options at that current volatility level of 0.11%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on VanEck Fallen

An 'Out of The Money' option on VanEck has a strike price that VanEck 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 VanEck Fallen's 'Out of The Money' options include buying the options if you expect a big move in VanEck Fallen'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 NameANGL251017P00029000
Expires On2025-10-17
Days Before Expriration86
Vega0.054863
Gamma0.259426
Theoretical Value0.48
Open Interest4
Strike Price29.0
Current Price Spread0.0 | 0.95
Rule 16 Daily Up or DownUSD 0.00201

VanEck short PUT Option Greeks

VanEck Fallen's Option Greeks for the contract ending on 2025-10-17 at a strike price of 29.0 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 VanEck Fallen's option greeks, its implied volatility helps estimate the risk of VanEck Fallen stock implied by the prices of the options on VanEck Fallen's stock.
Delta-0.421358
Gamma0.259426
Theta-0.002338
Vega0.054863
Rho-0.022125

VanEck long PUT Option Payoff at expiration

Put options written on VanEck Fallen grant holders of the option the right to sell a specified amount of VanEck Fallen 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 VanEck Etf cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on VanEck Fallen is like buying insurance aginst VanEck Fallen's downside shift.
   Profit   
       VanEck Fallen Price At Expiration  

VanEck short PUT Option Payoff at expiration

By selling VanEck Fallen's put option, the investors signal their bearish sentiment. A short position in a put option written on VanEck Fallen will generally make money when the underlying price is above the strike price. Therefore VanEck Fallen's put payoff at expiration depends on where the VanEck Etf price is relative to the put option strike price. The breakeven price of 28.52 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 VanEck Fallen's price. Finally, at the strike price of 29.0, the payoff chart is constant and positive.
   Profit   
       VanEck Fallen Price At Expiration  
View All VanEck Fallen Options

VanEck Fallen Angel Available Put Options

VanEck Fallen's option chain is a display of a range of information that helps investors for ways to trade options on VanEck. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for VanEck. It also shows strike prices and maturity days for a VanEck Fallen 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
ANGL251017P00032000032.02.0 - 4.92.0In
 Put
ANGL251017P00031000031.01.4 - 3.91.4In
 Put
ANGL251017P00030000130.00.0 - 2.852.85In
 Put
ANGL251017P00029000429.00.0 - 0.950.95Out
 Put
ANGL251017P000280001728.00.0 - 0.452.43Out
 Put
ANGL251017P000270002027.00.0 - 0.62.37Out
 Put
ANGL251017P0002600015626.00.0 - 0.950.95Out
 Put
ANGL251017P000250001025.00.0 - 0.950.1Out
 Put
ANGL251017P00024000024.00.0 - 0.950.95Out
When determining whether VanEck Fallen Angel is a strong investment it is important to analyze VanEck Fallen'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 VanEck Fallen's future performance. For an informed investment choice regarding VanEck Etf, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in VanEck Fallen Angel. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
The market value of VanEck Fallen Angel is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck Fallen's value that differs from its market value or its book value, called intrinsic value, which is VanEck Fallen'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 VanEck Fallen's market value can be influenced by many factors that don't directly affect VanEck Fallen'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 VanEck Fallen's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Fallen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Fallen'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.