ENB251017P00030000 Option on Enbridge

ENB Stock  USD 44.59  0.50  1.11%   
ENB251017P00030000 is a PUT option contract on Enbridge's common stock with a strick price of 30.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 88 days remaining before the expiration. The option is currently trading at an ask price of $0.05. The implied volatility as of the 21st of July is 88.0.
A put option written on Enbridge becomes more valuable as the price of Enbridge drops. Conversely, Enbridge's put option loses its value as Enbridge Stock rises.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that Enbridge will have an average daily up or down price movement of about 0.0223% per day over the life of the option. With Enbridge trading at USD 44.59, that is roughly USD 0.009944. If you think that the market is fully understating Enbridge's daily price movement you should consider buying Enbridge options at that current volatility level of 0.36%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Enbridge

An 'Out of The Money' option on Enbridge has a strike price that Enbridge 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 Enbridge's 'Out of The Money' options include buying the options if you expect a big move in Enbridge'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 NameENB251017P00030000
Expires On2025-10-17
Days Before Expriration88
Vega0.00534
Gamma0.002982
Theoretical Value0.02
Open Interest103
Strike Price30.0
Current Price Spread0.0 | 0.05
Rule 16 Daily Up or DownUSD 0.009944

Enbridge short PUT Option Greeks

Enbridge's Option Greeks for the contract ending on 2025-10-17 at a strike price of 30.0 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 Enbridge's option greeks, its implied volatility helps estimate the risk of Enbridge stock implied by the prices of the options on Enbridge's stock.
Delta-0.008823
Gamma0.002982
Theta-0.001071
Vega0.00534
Rho-0.001042

Enbridge long PUT Option Payoff at expiration

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

Enbridge short PUT Option Payoff at expiration

By selling Enbridge's put option, the investors signal their bearish sentiment. A short position in a put option written on Enbridge will generally make money when the underlying price is above the strike price. Therefore Enbridge's put payoff at expiration depends on where the Enbridge Stock price is relative to the put option strike price. The breakeven price of 29.98 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 Enbridge's price. Finally, at the strike price of 30.0, the payoff chart is constant and positive.
   Profit   
       Enbridge Price At Expiration  
View All Enbridge Options

Enbridge Available Put Options

Enbridge's option chain is a display of a range of information that helps investors for ways to trade options on Enbridge. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Enbridge. It also shows strike prices and maturity days for a Enbridge 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
ENB251017P00060000060.013.9 - 16.513.9In
 Put
ENB251017P00055000155.09.0 - 11.79.0In
 Put
ENB251017P00052500052.56.5 - 9.26.5In
 Put
ENB251017P000500001250.04.8 - 6.76.0In
 Put
ENB251017P0004750028947.53.0 - 3.34.49In
 Put
ENB251017P0004500052245.01.45 - 1.651.65Out
 Put
ENB251017P00042500129842.50.6 - 0.70.73Out
 Put
ENB251017P0004000081040.00.2 - 0.40.37Out
 Put
ENB251017P0003750019537.50.0 - 0.70.13Out
 Put
ENB251017P000350007335.00.0 - 0.950.13Out
 Put
ENB251017P000325009032.50.0 - 0.10.05Out
 Put
ENB251017P0003000010330.00.0 - 0.050.05Out

Enbridge Corporate Directors

Stephen PolozIndependent DirectorProfile
Jonathan GouldDirector, Investor RelationsProfile
Teresa MaddenIndependent DirectorProfile
Susan CunninghamIndependent DirectorProfile
When determining whether Enbridge offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enbridge's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Enbridge Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enbridge Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enbridge. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Enbridge Stock refer to our How to Trade Enbridge Stock guide.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Enbridge. If investors know Enbridge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Enbridge listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.543
Dividend Share
3.683
Earnings Share
1.97
Revenue Per Share
28.104
Quarterly Revenue Growth
0.676
The market value of Enbridge is measured differently than its book value, which is the value of Enbridge that is recorded on the company's balance sheet. Investors also form their own opinion of Enbridge's value that differs from its market value or its book value, called intrinsic value, which is Enbridge'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 Enbridge's market value can be influenced by many factors that don't directly affect Enbridge'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 Enbridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enbridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enbridge'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.