BITX250919P00017000 Option on Volatility Shares Trust

BITX Etf   64.31  1.15  1.76%   
BITX250919P00017000 is a PUT option contract on Volatility Shares' common stock with a strick price of 17.0 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 58 days remaining before the expiration. The option is currently trading at an ask price of $0.75. The implied volatility as of the 23rd of July is 58.0.
A put option written on Volatility Shares becomes more valuable as the price of Volatility Shares drops. Conversely, Volatility Shares' put option loses its value as Volatility Etf rises.

Rule 16 of 2025-09-19 Option Contract

The options market is anticipating that Volatility Shares Trust will have an average daily up or down price movement of about 0.12% per day over the life of the option. With Volatility Shares trading at USD 64.31, that is roughly USD 0.0767. If you think that the market is fully understating Volatility Shares' daily price movement you should consider buying Volatility Shares Trust options at that current volatility level of 1.91%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Volatility Shares

An 'Out of The Money' option on Volatility has a strike price that Volatility 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 Volatility Shares' 'Out of The Money' options include buying the options if you expect a big move in Volatility Shares' 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 NameBITX250919P00017000
Expires On2025-09-19
Days Before Expriration58
Vega0.010419
Gamma7.88E-4
Theoretical Value0.38
Open Interest145
Strike Price17.0
Last Traded At0.2
Current Price Spread0.0 | 0.75
Rule 16 Daily Up or DownUSD 0.0767

Volatility short PUT Option Greeks

Volatility Shares' Option Greeks for the contract ending on 2025-09-19 at a strike price of 17.0 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 Volatility Shares' option greeks, its implied volatility helps estimate the risk of Volatility Shares stock implied by the prices of the options on Volatility Shares' stock.
Delta-0.015791
Gamma7.88E-4
Theta-0.016689
Vega0.010419
Rho-0.002116

Volatility long PUT Option Payoff at expiration

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

Volatility short PUT Option Payoff at expiration

By selling Volatility Shares' put option, the investors signal their bearish sentiment. A short position in a put option written on Volatility Shares will generally make money when the underlying price is above the strike price. Therefore Volatility Shares' put payoff at expiration depends on where the Volatility Etf price is relative to the put option strike price. The breakeven price of 16.62 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 Volatility Shares' price. Finally, at the strike price of 17.0, the payoff chart is constant and positive.
   Profit   
       Volatility Shares Price At Expiration  
View All Volatility Shares Options

Volatility Shares Trust Available Put Options

Volatility Shares' option chain is a display of a range of information that helps investors for ways to trade options on Volatility. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Volatility. It also shows strike prices and maturity days for a Volatility Shares 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
BITX250919P001300005130.064.5 - 66.8564.5In
 Put
BITX250919P00125000100125.059.9 - 61.7559.9In
 Put
BITX250919P001200000120.054.15 - 57.9554.15In
 Put
BITX250919P001150001115.049.3 - 52.9549.3In
 Put
BITX250919P001100000110.044.45 - 48.344.45In
 Put
BITX250919P001050000105.040.1 - 43.440.1In
 Put
BITX250919P001000001100.034.95 - 38.734.95In
 Put
BITX250919P00095000095.030.25 - 34.230.25In
 Put
BITX250919P00090000990.026.55 - 28.5529.7In
 Put
BITX250919P00089000089.025.75 - 27.5525.75In
 Put
BITX250919P00085000385.022.3 - 24.533.0In
 Put
BITX250919P00084000284.021.75 - 23.1521.28In
 Put
BITX250919P00081000181.019.2 - 20.721.24In
 Put
BITX250919P000800004280.018.5 - 20.119.83In
 Put
BITX250919P00077000377.016.0 - 17.328.05In
 Put
BITX250919P000750001075.014.4 - 16.114.4In
 Put
BITX250919P00074000374.013.8 - 15.2513.61In
 Put
BITX250919P00073000273.013.15 - 14.621.55In
 Put
BITX250919P000720001172.012.35 - 13.912.8In
 Put
BITX250919P000700008670.011.1 - 12.4511.6In
 Put
BITX250919P000680001168.09.9 - 11.2510.95In
 Put
BITX250919P00067000367.09.25 - 10.659.79In
 Put
BITX250919P00066000266.08.65 - 10.059.46In
 Put
BITX250919P000650006265.08.15 - 9.58.84Out
 Put
BITX250919P000640005664.07.75 - 9.058.25Out
 Put
BITX250919P000630003963.07.05 - 8.157.8Out
 Put
BITX250919P0006200018962.06.65 - 7.66.9Out
 Put
BITX250919P00061000961.06.1 - 7.213.65Out
 Put
BITX250919P0006000014760.06.0 - 6.356.05Out
 Put
BITX250919P000590001659.05.25 - 5.955.55Out
 Put
BITX250919P000580004458.04.7 - 5.75.14Out
 Put
BITX250919P000570002857.04.6 - 5.35.25Out
 Put
BITX250919P000560008356.04.15 - 4.94.45Out
 Put
BITX250919P0005500037955.03.75 - 4.353.95Out
 Put
BITX250919P0005400024854.03.3 - 4.453.9Out
 Put
BITX250919P0005300014353.02.79 - 3.93.25Out
 Put
BITX250919P000520005852.02.51 - 3.653.0Out
 Put
BITX250919P000510008551.02.28 - 3.33.65Out
 Put
BITX250919P0005000025750.02.13 - 2.982.5Out
 Put
BITX250919P000490003349.01.65 - 2.975.27Out
 Put
BITX250919P000480006448.01.44 - 2.52.35Out
 Put
BITX250919P000470004047.01.25 - 2.622.05Out
 Put
BITX250919P000460002146.01.05 - 2.422.0Out
 Put
BITX250919P0004500012945.01.02 - 2.251.58Out
 Put
BITX250919P000440005644.00.63 - 2.881.55Out
 Put
BITX250919P0004300011743.00.05 - 2.691.47Out
 Put
BITX250919P0004200016842.00.25 - 1.911.2Out
 Put
BITX250919P0004100022141.00.05 - 2.371.45Out
 Put
BITX250919P0004000028340.00.5 - 1.110.96Out
 Put
BITX250919P000390005439.00.05 - 1.781.0Out
 Put
BITX250919P000380007938.00.8 - 2.281.09Out
 Put
BITX250919P0003700054337.00.65 - 1.980.75Out
 Put
BITX250919P000360003636.00.0 - 1.410.74Out
 Put
BITX250919P0003500049035.00.64 - 1.00.67Out
 Put
BITX250919P000340001734.00.0 - 1.90.72Out
 Put
BITX250919P0003300023033.00.0 - 1.280.64Out
 Put
BITX250919P0003200011832.00.0 - 1.40.68Out
 Put
BITX250919P0003100020831.00.0 - 1.030.3Out
 Put
BITX250919P00030000129630.00.51 - 0.850.56Out
 Put
BITX250919P000290003429.00.0 - 1.011.2Out
 Put
BITX250919P000280002228.00.06 - 1.230.96Out
 Put
BITX250919P00027000627.00.0 - 1.210.58Out
 Put
BITX250919P00026000526.00.0 - 0.750.43Out
 Put
BITX250919P0002500061925.00.26 - 0.340.33Out
 Put
BITX250919P000240001024.00.0 - 0.750.3Out
 Put
BITX250919P000230005423.00.03 - 0.750.5Out
 Put
BITX250919P000220003722.00.0 - 0.750.75Out
 Put
BITX250919P00021000721.00.0 - 0.750.75Out
 Put
BITX250919P0002000012820.00.05 - 0.250.34Out
 Put
BITX250919P00019000219.00.0 - 0.750.3Out
 Put
BITX250919P000180005518.00.0 - 0.750.32Out
 Put
BITX250919P0001700014517.00.0 - 0.750.2Out
 Put
BITX250919P00016000716.00.0 - 0.750.75Out
 Put
BITX250919P0001500010115.00.0 - 0.750.41Out
 Put
BITX250919P00014000314.00.0 - 0.750.75Out
 Put
BITX250919P00012000712.00.0 - 0.750.35Out
 Put
BITX250919P000110002011.00.0 - 0.750.75Out
 Put
BITX250919P000100003910.00.0 - 0.750.7Out
 Put
BITX250919P0000500015.00.01 - 0.750.01Out
 Put
BITX250919P0000400014.00.0 - 0.150.02Out
 Put
BITX250919P00003000413.00.0 - 0.090.03Out

Other Information on Investing in Volatility Etf

Volatility Shares financial ratios help investors to determine whether Volatility Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Volatility with respect to the benefits of owning Volatility Shares security.