CASY250919P00480000 Option on Caseys General Stores

CASY Stock  USD 510.25  5.42  1.05%   
CASY250919P00480000 is a PUT option contract on Caseys General's common stock with a strick price of 480.0 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 61 days remaining before the expiration. The option is currently trading at a bid price of $9.9, and an ask price of $12.5. The implied volatility as of the 20th of July is 61.0.
A put option written on Caseys General becomes more valuable as the price of Caseys General drops. Conversely, Caseys General's put option loses its value as Caseys Stock rises.

Rule 16 of 2025-09-19 Option Contract

The options market is anticipating that Caseys General Stores will have an average daily up or down price movement of about 0.0186% per day over the life of the option. With Caseys General trading at USD 510.25, that is roughly USD 0.0949. If you think that the market is fully understating Caseys General's daily price movement you should consider buying Caseys General Stores options at that current volatility level of 0.3%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Caseys General

An 'Out of The Money' option on Caseys has a strike price that Caseys 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 Caseys General's 'Out of The Money' options include buying the options if you expect a big move in Caseys General'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 NameCASY250919P00480000
Expires On2025-09-19
Days Before Expriration61
Vega0.697508
Gamma0.005337
Theoretical Value11.1
Open Interest1
Current Trading Volume2.0
Strike Price480.0
Last Traded At11.1
Current Price Spread9.9 | 12.5
Rule 16 Daily Up or DownUSD 0.0949

Caseys short PUT Option Greeks

Caseys General's Option Greeks for the contract ending on 2025-09-19 at a strike price of 480.0 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 Caseys General's option greeks, its implied volatility helps estimate the risk of Caseys General stock implied by the prices of the options on Caseys General's stock.
Delta-0.272319
Gamma0.005337
Theta-0.153089
Vega0.697508
Rho-0.222336

Caseys long PUT Option Payoff at expiration

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

Caseys short PUT Option Payoff at expiration

By selling Caseys General's put option, the investors signal their bearish sentiment. A short position in a put option written on Caseys General will generally make money when the underlying price is above the strike price. Therefore Caseys General's put payoff at expiration depends on where the Caseys Stock price is relative to the put option strike price. The breakeven price of 468.9 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 Caseys General's price. Finally, at the strike price of 480.0, the payoff chart is constant and positive.
   Profit   
       Caseys General Price At Expiration  
View All Caseys General Options

Caseys General Stores Available Put Options

Caseys General's option chain is a display of a range of information that helps investors for ways to trade options on Caseys. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Caseys. It also shows strike prices and maturity days for a Caseys General 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
CASY250919P006600000660.0147.5 - 152.4147.5In
 Put
CASY250919P006500000650.0137.5 - 142.3137.5In
 Put
CASY250919P006400000640.0127.5 - 132.4127.5In
 Put
CASY250919P006300000630.0117.7 - 122.5117.7In
 Put
CASY250919P006200000620.0107.6 - 112.5107.6In
 Put
CASY250919P006100000610.098.0 - 102.298.0In
 Put
CASY250919P006000000600.088.4 - 92.188.4In
 Put
CASY250919P005900000590.079.0 - 82.579.0In
 Put
CASY250919P005800000580.070.1 - 73.070.1In
 Put
CASY250919P005700000570.061.3 - 65.061.3In
 Put
CASY250919P004800001480.09.9 - 12.511.1Out

Caseys General Corporate Management

Additional Tools for Caseys Stock Analysis

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