ARR251017P00015000 Option on ARMOUR Residential REIT

ARR Stock  USD 16.68  0.37  2.27%   
ARR251017P00015000 is a PUT option contract on ARMOUR Residential's common stock with a strick price of 15.0 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 a bid price of $0.25, and an ask price of $0.4. The implied volatility as of the 23rd of July is 86.0.
When exercised, put options on ARMOUR Residential produce a short position in ARMOUR Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on ARMOUR Residential's downside price movement.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that ARMOUR Residential REIT will have an average daily up or down price movement of about 0.0202% per day over the life of the option. With ARMOUR Residential trading at USD 16.68, that is roughly USD 0.003369. If you think that the market is fully understating ARMOUR Residential's daily price movement you should consider buying ARMOUR Residential REIT options at that current volatility level of 0.32%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on ARMOUR Residential

An 'Out of The Money' option on ARMOUR has a strike price that ARMOUR Stock 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 ARMOUR Residential's 'Out of The Money' options include buying the options if you expect a big move in ARMOUR Residential'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 NameARR251017P00015000
Expires On2025-10-17
Days Before Expriration86
Vega0.024509
Gamma0.114374
Theoretical Value0.38
Open Interest257
Current Trading Volume701.0
Strike Price15.0
Last Traded At0.38
Current Price Spread0.25 | 0.4
Rule 16 Daily Up or DownUSD 0.003369

ARMOUR short PUT Option Greeks

ARMOUR Residential's Option Greeks for the contract ending on 2025-10-17 at a strike price of 15.0 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 ARMOUR Residential's option greeks, its implied volatility helps estimate the risk of ARMOUR Residential stock implied by the prices of the options on ARMOUR Residential's stock.
Delta-0.22873
Gamma0.114374
Theta-0.004637
Vega0.024509
Rho-0.009911

ARMOUR long PUT Option Payoff at expiration

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

ARMOUR short PUT Option Payoff at expiration

By selling ARMOUR Residential's put option, the investors signal their bearish sentiment. A short position in a put option written on ARMOUR Residential will generally make money when the underlying price is above the strike price. Therefore ARMOUR Residential's put payoff at expiration depends on where the ARMOUR Stock price is relative to the put option strike price. The breakeven price of 14.62 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 ARMOUR Residential's price. Finally, at the strike price of 15.0, the payoff chart is constant and positive.
   Profit   
       ARMOUR Residential Price At Expiration  
View All ARMOUR Residential Options

ARMOUR Residential REIT Available Put Options

ARMOUR Residential's option chain is a display of a range of information that helps investors for ways to trade options on ARMOUR. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for ARMOUR. It also shows strike prices and maturity days for a ARMOUR Residential 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
ARR251017P00030000030.013.6 - 13.913.6In
 Put
ARR251017P00027000027.010.1 - 11.210.1In
 Put
ARR251017P00026000126.08.0 - 10.98.0In
 Put
ARR251017P00025000025.08.1 - 9.08.1In
 Put
ARR251017P00024000024.06.1 - 8.36.1In
 Put
ARR251017P00023000023.05.0 - 6.95.0In
 Put
ARR251017P00022000022.04.2 - 6.34.2In
 Put
ARR251017P00021000021.04.0 - 5.24.0In
 Put
ARR251017P000200003720.03.6 - 4.43.7In
 Put
ARR251017P000190001519.01.7 - 3.23.0In
 Put
ARR251017P0001800015918.01.9 - 2.051.98In
 Put
ARR251017P0001700027817.00.0 - 1.51.3In
 Put
ARR251017P0001600068916.00.0 - 0.750.75Out
 Put
ARR251017P0001500025715.00.25 - 0.40.38Out
 Put
ARR251017P0001400013714.00.0 - 0.40.17Out
 Put
ARR251017P0001300019513.00.0 - 0.350.05Out
 Put
ARR251017P0001200065612.00.0 - 0.150.1Out
 Put
ARR251017P000110007211.00.0 - 0.40.4Out
 Put
ARR251017P00010000810.00.0 - 0.750.05Out

ARMOUR Residential Corporate Directors

Carolyn DowneyIndependent DirectorProfile
Thomas GubaLead Independent DirectorProfile
John HollihanIndependent DirectorProfile
Robert HainIndependent DirectorProfile

Additional Tools for ARMOUR Stock Analysis

When running ARMOUR Residential's price analysis, check to measure ARMOUR Residential's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ARMOUR Residential is operating at the current time. Most of ARMOUR Residential's value examination focuses on studying past and present price action to predict the probability of ARMOUR Residential's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ARMOUR Residential's price. Additionally, you may evaluate how the addition of ARMOUR Residential to your portfolios can decrease your overall portfolio volatility.