GL250815C00150000 Option on Globe Life

GL Stock  USD 117.74  2.95  2.44%   
GL250815C00150000 is a PUT option contract on Globe Life's common stock with a strick price of 150.0 expiring on 2025-08-15. The contract was not traded in recent days and, as of today, has 30 days remaining before the expiration. The option is currently trading at an ask price of $2.2. The implied volatility as of the 16th of July 2025 is 30.0.
When exercised, put options on Globe Life produce a short position in Globe Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Globe Life's downside price movement.

Rule 16 of 2025-08-15 Option Contract

The options market is anticipating that Globe Life will have an average daily up or down price movement of about 0.0372% per day over the life of the option. With Globe Life trading at USD 117.74, that is roughly USD 0.0438. If you think that the market is fully understating Globe Life's daily price movement you should consider buying Globe Life options at that current volatility level of 0.59%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on Globe Life

An 'Out of The Money' option on Globe has a strike price that Globe 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 Globe Life's 'Out of The Money' options include buying the options if you expect a big move in Globe Life'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 NameGL250815C00150000
Expires On2025-08-15
Days Before Expriration30
Delta0.113606
Vega0.069363
Gamma0.008968
Theoretical Value1.1
Open Interest5
Strike Price150.0
Last Traded At0.3
Current Price Spread0.0 | 2.2
Rule 16 Daily Up or DownUSD 0.0438

Globe short PUT Option Greeks

Globe Life's Option Greeks for the contract ending on 2025-08-15 at a strike price of 150.0 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 Globe Life's option greeks, its implied volatility helps estimate the risk of Globe Life stock implied by the prices of the options on Globe Life's stock.
Delta0.113606
Gamma0.008968
Theta-0.06182
Vega0.069363
Rho0.011477

Globe long PUT Option Payoff at expiration

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

Globe short PUT Option Payoff at expiration

By selling Globe Life's put option, the investors signal their bearish sentiment. A short position in a put option written on Globe Life will generally make money when the underlying price is above the strike price. Therefore Globe Life's put payoff at expiration depends on where the Globe Stock price is relative to the put option strike price. The breakeven price of 151.1 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 Globe Life's price. Finally, at the strike price of 150.0, the payoff chart is constant and positive.
   Profit   
       Globe Life Price At Expiration  
View All Globe Life Options

Globe Life Available Call Options

Globe Life's option chain is a display of a range of information that helps investors for ways to trade options on Globe. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Globe. It also shows strike prices and maturity days for a Globe Life 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
GL250815C001900000190.00.0 - 1.151.15Out
Call
GL250815C001850001185.00.0 - 1.151.15Out
Call
GL250815C001800000180.00.0 - 1.01.0Out
Call
GL250815C001750000175.00.0 - 1.151.15Out
Call
GL250815C001700000170.00.0 - 1.151.15Out
Call
GL250815C0016500054165.00.0 - 0.950.95Out
Call
GL250815C0016000019160.00.0 - 2.152.15Out
Call
GL250815C001550001155.00.0 - 2.152.15Out
Call
GL250815C001500005150.00.0 - 2.20.3Out
Call
GL250815C0014500040145.00.0 - 2.250.56Out
Call
GL250815C0014000018140.00.0 - 0.60.7Out
Call
GL250815C0013500042135.00.15 - 1.051.35Out
Call
GL250815C00130000138130.00.0 - 1.80.85Out
Call
GL250815C00125000196125.01.1 - 2.12.0Out
Call
GL250815C00120000520120.03.5 - 4.34.12Out
Call
GL250815C00115000305115.06.4 - 7.26.75In
Call
GL250815C0011000024110.010.3 - 11.410.55In
Call
GL250815C0010500015105.013.0 - 16.113.0In
Call
GL250815C001000004100.018.2 - 20.722.15In
Call
GL250815C00095000395.022.1 - 26.222.1In
Call
GL250815C000900004290.027.7 - 31.032.65In
Call
GL250815C000800001780.036.8 - 40.844.32In
Call
GL250815C000700001070.046.7 - 50.754.0In
Call
GL250815C00055000855.061.5 - 65.568.93In

Globe Life Corporate Management

Shane HenrieCorporate OfficerProfile
Pamela RamirezCorporate Senior Vice President - Enterprise TransformationProfile
James BrannenIndependent DirectorProfile
Mary ThigpenIndependent DirectorProfile
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globe Life. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Globe Stock please use our How to buy in Globe Stock guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Life & Health Insurance 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 Globe Life. If investors know Globe 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 Globe Life 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
0.127
Dividend Share
0.99
Earnings Share
12.28
Revenue Per Share
67.4
Quarterly Revenue Growth
0.045
The market value of Globe Life is measured differently than its book value, which is the value of Globe that is recorded on the company's balance sheet. Investors also form their own opinion of Globe Life's value that differs from its market value or its book value, called intrinsic value, which is Globe Life'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 Globe Life's market value can be influenced by many factors that don't directly affect Globe Life'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 Globe Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globe Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globe Life'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.