ANGL251017P00030000 Option on VanEck Fallen Angel
ANGL Etf | USD 29.08 0.01 0.03% |
ANGL251017P00030000 is a PUT option contract on VanEck Fallen's 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 88 days remaining before the expiration. The option is currently trading at an ask price of $2.9. The implied volatility as of the 21st of July is 88.0.
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 0.0115% per day over the life of the option. With VanEck Fallen trading at USD 29.08, that is roughly USD 0.003351. 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 0.18%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Put Option on VanEck Fallen
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 VanEck Fallen 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 VanEck 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 | ANGL251017P00030000 |
Expires On | 2025-10-17 |
Days Before Expriration | 88 |
Vega | 0.054933 |
Gamma | 0.151477 |
Theoretical Value | 1.45 |
Open Interest | 1 |
Strike Price | 30.0 |
Current Price Spread | 0.0 | 2.9 |
Rule 16 Daily Up or Down | USD 0.003351 |
VanEck short PUT Option Greeks
VanEck Fallen's 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 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 | -0.597906 | |
Gamma | 0.151477 | |
Theta | -0.004092 | |
Vega | 0.054933 | |
Rho | -0.031311 |
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 28.55 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 30.0, the payoff chart is constant and positive.
Profit |
VanEck Fallen Price At Expiration |
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 Int | Strike Price | Current Spread | Last Price | |||
Put | ANGL251017P00032000 | 0 | 32.0 | 2.1 - 4.9 | 2.1 | In |
Put | ANGL251017P00031000 | 0 | 31.0 | 0.65 - 3.9 | 0.65 | In |
Put | ANGL251017P00030000 | 1 | 30.0 | 0.0 - 2.9 | 2.9 | In |
Put | ANGL251017P00029000 | 4 | 29.0 | 0.0 - 1.05 | 1.05 | Out |
Put | ANGL251017P00028000 | 17 | 28.0 | 0.0 - 0.45 | 2.43 | Out |
Put | ANGL251017P00027000 | 20 | 27.0 | 0.0 - 0.6 | 2.37 | Out |
Put | ANGL251017P00026000 | 156 | 26.0 | 0.0 - 0.95 | 0.95 | Out |
Put | ANGL251017P00025000 | 10 | 25.0 | 0.0 - 0.95 | 0.1 | Out |
Put | ANGL251017P00024000 | 0 | 24.0 | 0.0 - 0.95 | 0.95 |
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 Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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.