CVS251017P00080000 Option on CVS Health Corp

CVS Stock  USD 61.96  1.34  2.12%   
CVS251017P00080000 is a PUT option contract on CVS Health's common stock with a strick price of 80.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 89 days remaining before the expiration. The option is currently trading at a bid price of $18.55, and an ask price of $20.1. The implied volatility as of the 20th of July is 89.0.
When exercised, put options on CVS Health produce a short position in CVS Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on CVS Health's downside price movement.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that CVS Health Corp will have an average daily up or down price movement of about 0.0318% per day over the life of the option. With CVS Health trading at USD 61.96, that is roughly USD 0.0197. If you think that the market is fully understating CVS Health's daily price movement you should consider buying CVS Health Corp options at that current volatility level of 0.51%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Put Option on CVS Health

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 CVS Health 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 CVS 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 NameCVS251017P00080000
Expires On2025-10-17
Days Before Expriration89
Vega0.081449
Gamma0.017238
Theoretical Value19.33
Open Interest33
Strike Price80.0
Last Traded At13.7
Current Price Spread18.55 | 20.1
Rule 16 Daily Up or DownUSD 0.0197

CVS short PUT Option Greeks

CVS Health's Option Greeks for the contract ending on 2025-10-17 at a strike price of 80.0 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 CVS Health's option greeks, its implied volatility helps estimate the risk of CVS Health stock implied by the prices of the options on CVS Health's stock.
Delta-0.809486
Gamma0.017238
Theta-0.021417
Vega0.081449
Rho-0.116261

CVS long PUT Option Payoff at expiration

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

CVS short PUT Option Payoff at expiration

By selling CVS Health's put option, the investors signal their bearish sentiment. A short position in a put option written on CVS Health will generally make money when the underlying price is above the strike price. Therefore CVS Health's put payoff at expiration depends on where the CVS Stock price is relative to the put option strike price. The breakeven price of 60.67 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 CVS Health's price. Finally, at the strike price of 80.0, the payoff chart is constant and positive.
   Profit   
       CVS Health Price At Expiration  
View All CVS Health Options

CVS Health Corp Available Put Options

CVS Health's option chain is a display of a range of information that helps investors for ways to trade options on CVS. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for CVS. It also shows strike prices and maturity days for a CVS Health 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
CVS251017P001000000100.037.6 - 39.637.6In
 Put
CVS251017P00095000095.032.65 - 34.532.65In
 Put
CVS251017P00090000090.027.6 - 29.627.6In
 Put
CVS251017P00085000085.022.6 - 24.6522.6In
 Put
CVS251017P000800003380.018.55 - 20.113.7In
 Put
CVS251017P00077500577.516.05 - 16.3511.4In
 Put
CVS251017P000750003975.013.65 - 14.059.55In
 Put
CVS251017P0007250016472.510.25 - 12.357.75In
 Put
CVS251017P0007000021070.08.75 - 9.758.87In
 Put
CVS251017P0006750047167.57.35 - 8.66.5In
 Put
CVS251017P0006500024865.05.45 - 5.855.82In
 Put
CVS251017P000625006562.54.2 - 4.34.3In
 Put
CVS251017P0006000017360.03.05 - 3.23.05Out
 Put
CVS251017P000575002357.52.09 - 2.152.12Out
 Put
CVS251017P000550004655.01.38 - 1.461.39Out
 Put
CVS251017P000500004250.00.51 - 0.80.54Out
 Put
CVS251017P00047500247.50.0 - 0.490.32Out

CVS Health Corporate Directors

Edward LudwigIndependent DirectorProfile
Mary SchapiroIndependent DirectorProfile
Fernando AguirreIndependent DirectorProfile
NancyAnn DeParleIndependent DirectorProfile

Additional Tools for CVS Stock Analysis

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