ARRY251017C00016000 Option on Array Technologies

ARRY Stock  USD 7.10  0.21  3.05%   
ARRY251017C00016000 is a PUT option contract on Array Technologies' common stock with a strick price of 16.0 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 an ask price of $0.2. 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 0.0607% per day over the life of the option. With Array Technologies trading at USD 7.1, that is roughly USD 0.004307. 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 0.97%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on Array Technologies

An 'Out of The Money' option on Array has a strike price that Array 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 Array Technologies' 'Out of The Money' options include buying the options if you expect a big move in Array Technologies' 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.
Call Contract NameARRY251017C00016000
Expires On2025-10-17
Days Before Expriration89
Delta0.077475
Vega0.005116
Gamma0.042386
Theoretical Value0.1
Open Interest12
Strike Price16.0
Last Traded At0.05
Current Price Spread0.0 | 0.2
Rule 16 Daily Up or DownUSD 0.004307

Array short PUT Option Greeks

Array Technologies' Option Greeks for the contract ending on 2025-10-17 at a strike price of 16.0 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.
Delta0.077475
Gamma0.042386
Theta-0.002813
Vega0.005116
Rho0.00111

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 16.1 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 16.0, the payoff chart is constant and positive.
   Profit   
       Array Technologies Price At Expiration  
View All Array Technologies Options

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 IntStrike PriceCurrent SpreadLast Price
Call
ARRY251017C000160001216.00.0 - 0.20.05Out
Call
ARRY251017C00015000615.00.0 - 0.650.17Out
Call
ARRY251017C00014000014.00.0 - 0.20.2Out
Call
ARRY251017C0001300017213.00.1 - 0.20.22Out
Call
ARRY251017C0001200010212.00.1 - 0.250.23Out
Call
ARRY251017C00011000192811.00.15 - 0.30.21Out
Call
ARRY251017C000100001620710.00.35 - 0.40.35Out
Call
ARRY251017C000090003889.00.5 - 0.550.5Out
Call
ARRY251017C000080005838.00.75 - 0.850.77Out
Call
ARRY251017C0000700029037.01.1 - 1.251.17In
Call
ARRY251017C000060002596.01.65 - 1.81.65In
Call
ARRY251017C000050001735.02.35 - 2.52.3In
Call
ARRY251017C000040002144.03.0 - 3.33.1In
Call
ARRY251017C00003000343.04.1 - 4.34.1In
Call
ARRY251017C0000200032.04.8 - 5.35.0In

Array Technologies Corporate Management

Kevin HostetlerCEO DirectorProfile
Aaron GabelnickChief OfficerProfile
Gina JDChief SecretaryProfile
Nick StrevelSenior SalesProfile
Erica BrinkerSocial EnvironmentalProfile
Thierry MarinMartinodChief OfficerProfile

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.