BMY250919P00048000 Option on Bristol Myers Squibb

BMY Stock  USD 47.50  1.21  2.61%   
BMY250919P00048000 is a PUT option contract on Bristol Myers' common stock with a strick price of 48.0 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 80 days remaining before the expiration. The option is currently trading at a bid price of $3.6, and an ask price of $3.75. The implied volatility as of the 1st of July is 80.0.
A put option written on Bristol Myers becomes more valuable as the price of Bristol Myers drops. Conversely, Bristol Myers' put option loses its value as Bristol Stock rises.

Rule 16 of 2025-09-19 Option Contract

The options market is anticipating that Bristol Myers Squibb will have an average daily up or down price movement of about 0.0191% per day over the life of the option. With Bristol Myers trading at USD 47.5, that is roughly USD 0.009081. If you think that the market is fully understating Bristol Myers' daily price movement you should consider buying Bristol Myers Squibb options at that current volatility level of 0.31%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Put Option on Bristol Myers

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 Bristol Myers 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 Bristol Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Put Contract NameBMY250919P00048000
Expires On2025-09-19
Days Before Expriration80
Vega0.084462
Gamma0.058098
Theoretical Value3.68
Open Interest1192
Strike Price48.0
Last Traded At3.54
Current Price Spread3.6 | 3.75
Rule 16 Daily Up or DownUSD 0.009081

Bristol short PUT Option Greeks

Bristol Myers' Option Greeks for the contract ending on 2025-09-19 at a strike price of 48.0 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 Bristol Myers' option greeks, its implied volatility helps estimate the risk of Bristol Myers stock implied by the prices of the options on Bristol Myers' stock.
Delta-0.571163
Gamma0.058098
Theta-0.016281
Vega0.084462
Rho-0.063571

Bristol long PUT Option Payoff at expiration

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

Bristol short PUT Option Payoff at expiration

By selling Bristol Myers' put option, the investors signal their bearish sentiment. A short position in a put option written on Bristol Myers will generally make money when the underlying price is above the strike price. Therefore Bristol Myers' put payoff at expiration depends on where the Bristol Stock price is relative to the put option strike price. The breakeven price of 44.32 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 Bristol Myers' price. Finally, at the strike price of 48.0, the payoff chart is constant and positive.
   Profit   
       Bristol Myers Price At Expiration  
View All Bristol Myers Options

Bristol Myers Squibb Available Put Options

Bristol Myers' option chain is a display of a range of information that helps investors for ways to trade options on Bristol. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Bristol. It also shows strike prices and maturity days for a Bristol Myers 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
BMY250919P00090000090.042.75 - 45.442.75In
 Put
BMY250919P00085000085.038.6 - 40.2538.6In
 Put
BMY250919P00080000080.033.65 - 35.033.65In
 Put
BMY250919P00075000075.029.05 - 29.829.05In
 Put
BMY250919P000700003870.024.1 - 25.024.1In
 Put
BMY250919P0006750017467.519.8 - 22.820.29In
 Put
BMY250919P0006500020265.019.1 - 20.319.1In
 Put
BMY250919P0006250039662.516.65 - 16.8516.65In
 Put
BMY250919P00060000183860.013.95 - 14.3513.7In
 Put
BMY250919P00057500106657.511.4 - 11.8511.5In
 Put
BMY250919P00055000153155.09.25 - 9.48.95In
 Put
BMY250919P00052500110452.56.95 - 7.254.85In
 Put
BMY250919P00050000248650.04.95 - 5.25.11In
 Put
BMY250919P0004900040549.03.85 - 4.354.1In
 Put
BMY250919P00048000119248.03.6 - 3.753.54In
 Put
BMY250919P00047000376947.03.05 - 3.153.0In
 Put
BMY250919P0004600050746.02.52 - 2.612.5Out
 Put
BMY250919P00045000631745.02.07 - 2.152.02Out
 Put
BMY250919P0004400074344.01.68 - 1.741.71Out
 Put
BMY250919P00043000327443.01.35 - 1.411.34Out
 Put
BMY250919P0004200072742.00.88 - 1.121.06Out
 Put
BMY250919P0004100097441.00.42 - 0.910.93Out
 Put
BMY250919P00040000223240.00.64 - 0.70.65Out
 Put
BMY250919P00038000806438.00.37 - 0.50.44Out
 Put
BMY250919P0003500010035.00.12 - 0.540.25Out
 Put
BMY250919P000330006033.00.1 - 0.20.2Out
 Put
BMY250919P000300002630.00.0 - 1.540.09Out
 Put
BMY250919P000280003828.00.0 - 1.520.17Out
 Put
BMY250919P00025000149525.00.0 - 0.10.04Out

Bristol Myers Corporate Directors

Michael BonneyIndependent DirectorProfile
Robert BertoliniIndependent DirectorProfile
Phyllis YaleIndependent DirectorProfile
Matthew EmmensIndependent DirectorProfile

Additional Tools for Bristol Stock Analysis

When running Bristol Myers' price analysis, check to measure Bristol Myers' 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 Bristol Myers is operating at the current time. Most of Bristol Myers' value examination focuses on studying past and present price action to predict the probability of Bristol Myers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bristol Myers' price. Additionally, you may evaluate how the addition of Bristol Myers to your portfolios can decrease your overall portfolio volatility.