EMLP250919C00041000 Option on First Trust North

EMLP Etf  USD 37.40  0.32  0.85%   
EMLP250919C00041000 is a PUT option contract on First Trust's common stock with a strick price of 41.0 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 $0.4. The implied volatility as of the 23rd of July is 58.0.
When exercised, put options on First Trust produce a short position in First Etf. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on First Trust's downside price movement.

Rule 16 of 2025-09-19 Option Contract

The options market is anticipating that First Trust North will have an average daily up or down price movement of about 0.0118% per day over the life of the option. With First Trust trading at USD 37.4, that is roughly USD 0.00442. If you think that the market is fully understating First Trust's daily price movement you should consider buying First Trust North options at that current volatility level of 0.19%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on First Trust

An 'Out of The Money' option on First has a strike price that First 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 First Trust's 'Out of The Money' options include buying the options if you expect a big move in First Trust'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.
Call Contract NameEMLP250919C00041000
Expires On2025-09-19
Days Before Expriration58
Delta0.137517
Vega0.034491
Gamma0.074118
Theoretical Value0.2
Open Interest25
Strike Price41.0
Current Price Spread0.0 | 0.4
Rule 16 Daily Up or DownUSD 0.00442

First short PUT Option Greeks

First Trust's Option Greeks for the contract ending on 2025-09-19 at a strike price of 41.0 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 First Trust's option greeks, its implied volatility helps estimate the risk of First Trust stock implied by the prices of the options on First Trust's stock.
Delta0.137517
Gamma0.074118
Theta-0.005605
Vega0.034491
Rho0.008748

First long PUT Option Payoff at expiration

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

First short PUT Option Payoff at expiration

By selling First Trust's put option, the investors signal their bearish sentiment. A short position in a put option written on First Trust will generally make money when the underlying price is above the strike price. Therefore First Trust's put payoff at expiration depends on where the First Etf price is relative to the put option strike price. The breakeven price of 41.2 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 First Trust's price. Finally, at the strike price of 41.0, the payoff chart is constant and positive.
   Profit   
       First Trust Price At Expiration  
View All First Trust Options

First Trust North Available Call Options

First Trust's option chain is a display of a range of information that helps investors for ways to trade options on First. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for First. It also shows strike prices and maturity days for a First Trust 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
Call
EMLP250919C00042000042.00.0 - 0.20.2Out
Call
EMLP250919C000410002541.00.0 - 0.40.4Out
Call
EMLP250919C00040000040.00.0 - 1.51.5Out
Call
EMLP250919C00039000039.00.0 - 1.61.6Out
Call
EMLP250919C00038000038.00.0 - 1.851.85Out
Call
EMLP250919C0003700030137.00.0 - 2.01.1In
Call
EMLP250919C00036000036.00.3 - 3.20.3In
Call
EMLP250919C000350001035.02.3 - 3.03.1In
Call
EMLP250919C00034000034.01.75 - 5.01.75In
Call
EMLP250919C00033000033.02.7 - 5.92.7In
When determining whether First Trust North is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if First Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about First Trust North Etf. Highlighted below are key reports to facilitate an investment decision about First Trust North Etf:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Trust North. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
The market value of First Trust North is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Trust's market value can be influenced by many factors that don't directly affect First Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.