CAR250919P00050000 Option on Avis Budget Group

CAR Stock  USD 169.05  5.17  2.97%   
CAR250919P00050000 is a PUT option contract on Avis Budget's common stock with a strick price of 50.0 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 an ask price of $1.45. The implied volatility as of the 1st of July is 80.0.
When exercised, put options on Avis Budget produce a short position in Avis Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Avis Budget's downside price movement.

Rule 16 of 2025-09-19 Option Contract

The options market is anticipating that Avis Budget Group will have an average daily up or down price movement of about 0.0878% per day over the life of the option. With Avis Budget trading at USD 169.05, that is roughly USD 0.15. If you think that the market is fully understating Avis Budget's daily price movement you should consider buying Avis Budget Group options at that current volatility level of 1.41%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Avis Budget

An 'Out of The Money' option on Avis has a strike price that Avis 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 Avis Budget's 'Out of The Money' options include buying the options if you expect a big move in Avis Budget'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 NameCAR250919P00050000
Expires On2025-09-19
Days Before Expriration80
Vega0.029256
Gamma3.28E-4
Theoretical Value0.72
Open Interest1201
Strike Price50.0
Last Traded At0.56
Current Price Spread0.0 | 1.45
Rule 16 Daily Up or DownUSD 0.15

Avis short PUT Option Greeks

Avis Budget's Option Greeks for the contract ending on 2025-09-19 at a strike price of 50.0 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 Avis Budget's option greeks, its implied volatility helps estimate the risk of Avis Budget stock implied by the prices of the options on Avis Budget's stock.
Delta-0.014475
Gamma3.28E-4
Theta-0.025037
Vega0.029256
Rho-0.006563

Avis long PUT Option Payoff at expiration

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

Avis short PUT Option Payoff at expiration

By selling Avis Budget's put option, the investors signal their bearish sentiment. A short position in a put option written on Avis Budget will generally make money when the underlying price is above the strike price. Therefore Avis Budget's put payoff at expiration depends on where the Avis Stock price is relative to the put option strike price. The breakeven price of 49.28 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 Avis Budget's price. Finally, at the strike price of 50.0, the payoff chart is constant and positive.
   Profit   
       Avis Budget Price At Expiration  
View All Avis Budget Options

Avis Budget Group Available Put Options

Avis Budget's option chain is a display of a range of information that helps investors for ways to trade options on Avis. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Avis. It also shows strike prices and maturity days for a Avis Budget 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
CAR250919P002600000260.089.7 - 93.489.7In
 Put
CAR250919P002500000250.081.0 - 83.681.0In
 Put
CAR250919P002400006240.070.8 - 74.773.3In
 Put
CAR250919P002300001230.062.2 - 65.661.0In
 Put
CAR250919P002200000220.053.3 - 56.553.3In
 Put
CAR250919P002100000210.045.8 - 48.045.8In
 Put
CAR250919P002000000200.038.0 - 41.138.0In
 Put
CAR250919P001950009195.034.8 - 37.637.5In
 Put
CAR250919P0019000015190.031.3 - 32.629.8In
 Put
CAR250919P0018500023185.027.2 - 30.628.74In
 Put
CAR250919P00180000546180.023.8 - 26.225.83In
 Put
CAR250919P001750001061175.020.7 - 24.521.35In
 Put
CAR250919P00170000280170.019.2 - 21.121.8In
 Put
CAR250919P00165000131165.015.6 - 18.618.38Out
 Put
CAR250919P001600001307160.014.2 - 15.014.8Out
 Put
CAR250919P0015500028155.012.1 - 12.913.71Out
 Put
CAR250919P0015000054150.010.0 - 10.811.7Out
 Put
CAR250919P001450004145.08.2 - 9.09.0Out
 Put
CAR250919P001400001200140.06.8 - 7.47.3Out
 Put
CAR250919P001350006135.05.5 - 6.06.7Out
 Put
CAR250919P0013000035130.04.5 - 4.85.0Out
 Put
CAR250919P00125000423125.03.2 - 3.93.95Out
 Put
CAR250919P0012000067120.02.3 - 3.52.95Out
 Put
CAR250919P0011500098115.01.8 - 2.42.15Out
 Put
CAR250919P001100001077110.01.2 - 1.851.33Out
 Put
CAR250919P00105000100105.00.8 - 2.551.95Out
 Put
CAR250919P001000001115100.00.5 - 1.050.99Out
 Put
CAR250919P0009500028795.00.0 - 2.051.0Out
 Put
CAR250919P0009000028690.00.3 - 2.04.5Out
 Put
CAR250919P0008500031385.00.0 - 1.750.6Out
 Put
CAR250919P00080000223380.00.0 - 1.651.4Out
 Put
CAR250919P0007500092275.00.0 - 0.750.35Out
 Put
CAR250919P00070000304070.00.15 - 0.750.35Out
 Put
CAR250919P0006500015365.00.0 - 1.01.45Out
 Put
CAR250919P000600003660.00.0 - 1.50.65Out
 Put
CAR250919P0005500024855.00.0 - 1.451.45Out
 Put
CAR250919P00050000120150.00.0 - 1.450.56Out
 Put
CAR250919P0004500016345.00.0 - 2.152.15Out
 Put
CAR250919P0004000028140.00.0 - 1.351.35Out
 Put
CAR250919P000350001535.00.0 - 1.41.4Out

Avis Budget Corporate Management

Jean SeraGeneral VPProfile
Brian ChoiExecutive OfficerProfile
Bernardo HeesNonIndependent ChairmanProfile
John ONeillSenior OperationsProfile
Vanessa WolczakHead MarketingProfile

Additional Tools for Avis Stock Analysis

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