ARRY251017P00005000 Option on Array Technologies

ARRY Stock  USD 7.16  0.06  0.85%   
ARRY251017P00005000 is a PUT option contract on Array Technologies' common stock with a strick price of 5.0 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 a bid price of $0.2, and an ask price of $0.35. The implied volatility as of the 21st of July is 88.0.
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 0.0536% per day over the life of the option. With Array Technologies trading at USD 7.16, that is roughly USD 0.003835. 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 0.86%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put 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.
Put Contract NameARRY251017P00005000
Expires On2025-10-17
Days Before Expriration88
Vega0.008025
Gamma0.075504
Theoretical Value0.28
Open Interest196
Strike Price5.0
Last Traded At0.29
Current Price Spread0.2 | 0.35
Rule 16 Daily Up or DownUSD 0.003835

Array short PUT Option Greeks

Array Technologies' Option Greeks for the contract ending on 2025-10-17 at a strike price of 5.0 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-0.14473
Gamma0.075504
Theta-0.003678
Vega0.008025
Rho-0.002896

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 4.72 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 5.0, the payoff chart is constant and positive.
   Profit   
       Array Technologies Price At Expiration  
View All Array Technologies Options

Array Technologies Available Put 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
 Put
ARRY251017P00016000016.08.8 - 9.08.8In
 Put
ARRY251017P00015000015.07.6 - 8.27.6In
 Put
ARRY251017P00014000014.06.8 - 7.06.8In
 Put
ARRY251017P00013000013.05.9 - 6.15.37In
 Put
ARRY251017P00012000012.04.9 - 5.14.9In
 Put
ARRY251017P000110001511.04.0 - 5.04.1In
 Put
ARRY251017P00010000310.03.1 - 3.32.71In
 Put
ARRY251017P000090007909.02.3 - 2.42.39In
 Put
ARRY251017P000080005198.01.55 - 1.651.52In
 Put
ARRY251017P000070005447.00.95 - 1.051.16Out
 Put
ARRY251017P0000600011866.00.5 - 0.60.6Out
 Put
ARRY251017P000050001965.00.2 - 0.350.29Out
 Put
ARRY251017P000040001984.00.05 - 0.150.12Out
 Put
ARRY251017P0000300093.00.0 - 0.30.1Out
 Put
ARRY251017P00002000302.00.0 - 0.550.05Out

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.