BITQ251017P00010000 Option on Bitwise Crypto Industry
BITQ Etf | USD 21.80 0.19 0.86% |
BITQ251017P00010000 is a PUT option contract on Bitwise Crypto's common stock with a strick price of 10.0 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 an ask price of $2.25. The implied volatility as of the 23rd of July is 86.0.
When exercised, put options on Bitwise Crypto produce a short position in Bitwise Etf. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Bitwise Crypto's downside price movement.
Rule 16 of 2025-10-17 Option Contract
The options market is anticipating that Bitwise Crypto Industry will have an average daily up or down price movement of about 0.11% per day over the life of the option. With Bitwise Crypto trading at USD 21.8, that is roughly USD 0.0237. If you think that the market is fully understating Bitwise Crypto's daily price movement you should consider buying Bitwise Crypto Industry options at that current volatility level of 1.74%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on Bitwise Crypto
An 'Out of The Money' option on Bitwise has a strike price that Bitwise Etf 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 Bitwise Crypto's 'Out of The Money' options include buying the options if you expect a big move in Bitwise Crypto'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 Name | BITQ251017P00010000 |
Expires On | 2025-10-17 |
Days Before Expriration | 86 |
Vega | 0.016997 |
Gamma | 0.008581 |
Theoretical Value | 1.13 |
Open Interest | 5 |
Strike Price | 10.0 |
Last Traded At | 1.08 |
Current Price Spread | 0.0 | 2.25 |
Rule 16 Daily Up or Down | USD 0.0237 |
Bitwise short PUT Option Greeks
Bitwise Crypto's Option Greeks for the contract ending on 2025-10-17 at a strike price of 10.0 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 Bitwise Crypto's option greeks, its implied volatility helps estimate the risk of Bitwise Crypto stock implied by the prices of the options on Bitwise Crypto's stock.
Delta | -0.087726 | |
Gamma | 0.008581 | |
Theta | -0.016693 | |
Vega | 0.016997 | |
Rho | -0.006539 |
Bitwise long PUT Option Payoff at expiration
Put options written on Bitwise Crypto grant holders of the option the right to sell a specified amount of Bitwise Crypto 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 Bitwise Etf cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Bitwise Crypto is like buying insurance aginst Bitwise Crypto's downside shift.
Profit |
Bitwise Crypto Price At Expiration |
Bitwise short PUT Option Payoff at expiration
By selling Bitwise Crypto's put option, the investors signal their bearish sentiment. A short position in a put option written on Bitwise Crypto will generally make money when the underlying price is above the strike price. Therefore Bitwise Crypto's put payoff at expiration depends on where the Bitwise Etf price is relative to the put option strike price. The breakeven price of 8.87 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 Bitwise Crypto's price. Finally, at the strike price of 10.0, the payoff chart is constant and positive.
Profit |
Bitwise Crypto Price At Expiration |
Bitwise Crypto Industry Available Put Options
Bitwise Crypto's option chain is a display of a range of information that helps investors for ways to trade options on Bitwise. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Bitwise. It also shows strike prices and maturity days for a Bitwise Crypto 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 | BITQ251017P00028000 | 0 | 28.0 | 5.0 - 8.4 | 5.0 | In |
Put | BITQ251017P00027000 | 0 | 27.0 | 4.1 - 7.5 | 4.1 | In |
Put | BITQ251017P00026000 | 0 | 26.0 | 3.2 - 6.7 | 3.2 | In |
Put | BITQ251017P00025000 | 0 | 25.0 | 2.4 - 5.8 | 2.4 | In |
Put | BITQ251017P00024000 | 0 | 24.0 | 1.7 - 5.1 | 1.7 | In |
Put | BITQ251017P00023000 | 0 | 23.0 | 1.0 - 4.5 | 1.0 | In |
Put | BITQ251017P00022000 | 0 | 22.0 | 0.55 - 4.1 | 0.55 | In |
Put | BITQ251017P00021000 | 0 | 21.0 | 0.05 - 3.7 | 0.05 | |
Put | BITQ251017P00020000 | 3 | 20.0 | 0.0 - 3.3 | 0.85 | Out |
Put | BITQ251017P00019000 | 0 | 19.0 | 0.0 - 3.0 | 3.0 | |
Put | BITQ251017P00016000 | 2 | 16.0 | 0.0 - 2.5 | 0.17 | Out |
Put | BITQ251017P00015000 | 2005 | 15.0 | 0.0 - 2.35 | 1.6 | Out |
Put | BITQ251017P00011000 | 2000 | 11.0 | 0.0 - 2.2 | 0.9 | Out |
Put | BITQ251017P00010000 | 5 | 10.0 | 0.0 - 2.25 | 1.08 | Out |
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The market value of Bitwise Crypto Industry is measured differently than its book value, which is the value of Bitwise that is recorded on the company's balance sheet. Investors also form their own opinion of Bitwise Crypto's value that differs from its market value or its book value, called intrinsic value, which is Bitwise Crypto'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 Bitwise Crypto's market value can be influenced by many factors that don't directly affect Bitwise Crypto'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 Bitwise Crypto's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bitwise Crypto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bitwise Crypto'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.