ARRY251017C00006000 Option on Array Technologies
ARRY Stock | USD 7.10 0.21 3.05% |
ARRY251017C00006000 is a PUT option contract on Array Technologies' common stock with a strick price of 6.0 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 $1.65, and an ask price of $1.8. The implied volatility as of the 20th of July is 89.0.
A put option written on Array Technologies becomes more valuable as the price of Array Technologies drops. Conversely, Array Technologies' put option loses its value as Array Stock rises.
Rule 16 of 2025-10-17 Option Contract
The options market is anticipating that Array Technologies will have an average daily up or down price movement of about 0.0508% per day over the life of the option. With Array Technologies trading at USD 7.1, that is roughly USD 0.00361. If you think that the market is fully understating Array Technologies' daily price movement you should consider buying Array Technologies options at that current volatility level of 0.81%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Call Option on Array Technologies
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 Array Technologies 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 Array Stock 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 | ARRY251017C00006000 |
Expires On | 2025-10-17 |
Days Before Expriration | 89 |
Delta | 0.740753 |
Vega | 0.011418 |
Gamma | 0.112938 |
Theoretical Value | 1.72 |
Open Interest | 259 |
Strike Price | 6.0 |
Last Traded At | 1.65 |
Current Price Spread | 1.65 | 1.8 |
Rule 16 Daily Up or Down | USD 0.00361 |
Array short PUT Option Greeks
Array Technologies' Option Greeks for the contract ending on 2025-10-17 at a strike price of 6.0 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 Array Technologies' option greeks, its implied volatility helps estimate the risk of Array Technologies stock implied by the prices of the options on Array Technologies' stock.
Delta | 0.740753 | |
Gamma | 0.112938 | |
Theta | -0.005588 | |
Vega | 0.011418 | |
Rho | 0.008715 |
Array long PUT Option Payoff at expiration
Put options written on Array Technologies grant holders of the option the right to sell a specified amount of Array Technologies 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 Array Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Array Technologies is like buying insurance aginst Array Technologies' downside shift.
Profit |
Array Technologies Price At Expiration |
Array short PUT Option Payoff at expiration
By selling Array Technologies' put option, the investors signal their bearish sentiment. A short position in a put option written on Array Technologies will generally make money when the underlying price is above the strike price. Therefore Array Technologies' put payoff at expiration depends on where the Array Stock price is relative to the put option strike price. The breakeven price of 7.72 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 Array Technologies' price. Finally, at the strike price of 6.0, the payoff chart is constant and positive.
Profit |
Array Technologies Price At Expiration |
Array Technologies Available Call Options
Array Technologies' option chain is a display of a range of information that helps investors for ways to trade options on Array. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Array. It also shows strike prices and maturity days for a Array Technologies 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 | ARRY251017C00016000 | 12 | 16.0 | 0.0 - 0.2 | 0.05 | Out |
Call | ARRY251017C00015000 | 6 | 15.0 | 0.0 - 0.65 | 0.17 | Out |
Call | ARRY251017C00014000 | 0 | 14.0 | 0.0 - 0.2 | 0.2 | |
Call | ARRY251017C00013000 | 172 | 13.0 | 0.1 - 0.2 | 0.22 | Out |
Call | ARRY251017C00012000 | 102 | 12.0 | 0.1 - 0.25 | 0.23 | Out |
Call | ARRY251017C00011000 | 1928 | 11.0 | 0.15 - 0.3 | 0.21 | Out |
Call | ARRY251017C00010000 | 16207 | 10.0 | 0.35 - 0.4 | 0.35 | Out |
Call | ARRY251017C00009000 | 388 | 9.0 | 0.5 - 0.55 | 0.5 | Out |
Call | ARRY251017C00008000 | 583 | 8.0 | 0.75 - 0.85 | 0.77 | Out |
Call | ARRY251017C00007000 | 2903 | 7.0 | 1.1 - 1.25 | 1.17 | In |
Call | ARRY251017C00006000 | 259 | 6.0 | 1.65 - 1.8 | 1.65 | In |
Call | ARRY251017C00005000 | 173 | 5.0 | 2.35 - 2.5 | 2.3 | In |
Call | ARRY251017C00004000 | 214 | 4.0 | 3.0 - 3.3 | 3.1 | In |
Call | ARRY251017C00003000 | 34 | 3.0 | 4.1 - 4.3 | 4.1 | In |
Call | ARRY251017C00002000 | 3 | 2.0 | 4.8 - 5.3 | 5.0 | In |
Array Technologies Corporate Management
Kevin Hostetler | CEO Director | Profile | |
Aaron Gabelnick | Chief Officer | Profile | |
Gina JD | Chief Secretary | Profile | |
Nick Strevel | Senior Sales | Profile | |
Erica Brinker | Social Environmental | Profile | |
Thierry MarinMartinod | Chief Officer | Profile |
Additional Tools for Array Stock Analysis
When running Array Technologies' price analysis, check to measure Array Technologies' 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 Array Technologies is operating at the current time. Most of Array Technologies' value examination focuses on studying past and present price action to predict the probability of Array Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Array Technologies' price. Additionally, you may evaluate how the addition of Array Technologies to your portfolios can decrease your overall portfolio volatility.