GT251017P00013000 Option on Goodyear Tire Rubber

GT Stock  USD 11.54  0.53  4.81%   
GT251017P00013000 is a PUT option contract on Goodyear Tire's common stock with a strick price of 13.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 86 days remaining before the expiration. The option is currently trading at a bid price of $1.95, and an ask price of $2.05. The implied volatility as of the 23rd of July is 86.0.
When exercised, put options on Goodyear Tire produce a short position in Goodyear Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Goodyear Tire's downside price movement.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that Goodyear Tire Rubber will have an average daily up or down price movement of about 0.0236% per day over the life of the option. With Goodyear Tire trading at USD 11.54, that is roughly USD 0.002728. If you think that the market is fully understating Goodyear Tire's daily price movement you should consider buying Goodyear Tire Rubber options at that current volatility level of 0.38%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Put Option on Goodyear Tire

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 Goodyear Tire 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 Goodyear 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 NameGT251017P00013000
Expires On2025-10-17
Days Before Expriration86
Vega0.017213
Gamma0.150172
Theoretical Value2.0
Open Interest32
Current Trading Volume1.0
Strike Price13.0
Last Traded At2.0
Current Price Spread1.95 | 2.05
Rule 16 Daily Up or DownUSD 0.002728

Goodyear short PUT Option Greeks

Goodyear Tire's Option Greeks for the contract ending on 2025-10-17 at a strike price of 13.0 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 Goodyear Tire's option greeks, its implied volatility helps estimate the risk of Goodyear Tire stock implied by the prices of the options on Goodyear Tire's stock.
Delta-0.745421
Gamma0.150172
Theta-0.00379
Vega0.017213
Rho-0.021241

Goodyear long PUT Option Payoff at expiration

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

Goodyear short PUT Option Payoff at expiration

By selling Goodyear Tire's put option, the investors signal their bearish sentiment. A short position in a put option written on Goodyear Tire will generally make money when the underlying price is above the strike price. Therefore Goodyear Tire's put payoff at expiration depends on where the Goodyear Stock price is relative to the put option strike price. The breakeven price of 11.0 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 Goodyear Tire's price. Finally, at the strike price of 13.0, the payoff chart is constant and positive.
   Profit   
       Goodyear Tire Price At Expiration  
View All Goodyear Tire Options

Goodyear Tire Rubber Available Put Options

Goodyear Tire's option chain is a display of a range of information that helps investors for ways to trade options on Goodyear. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Goodyear. It also shows strike prices and maturity days for a Goodyear Tire 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
GT251017P00020000020.08.6 - 9.18.6In
 Put
GT251017P00018000018.05.8 - 7.75.8In
 Put
GT251017P00017000017.05.6 - 5.85.6In
 Put
GT251017P00016000016.04.6 - 4.84.6In
 Put
GT251017P00015000015.03.7 - 3.83.7In
 Put
GT251017P000140004814.02.8 - 2.93.1In
 Put
GT251017P000130003213.01.95 - 2.052.0In
 Put
GT251017P0001200088412.01.25 - 1.351.7In
 Put
GT251017P0001100044111.00.7 - 0.80.85Out
 Put
GT251017P00010000281310.00.35 - 0.450.61Out
 Put
GT251017P000090004199.00.15 - 0.250.28Out
 Put
GT251017P000080009338.00.0 - 0.150.15Out
 Put
GT251017P0000700047057.00.0 - 0.50.11Out
 Put
GT251017P00006000246.00.0 - 0.50.5Out
 Put
GT251017P000050001025.00.0 - 0.50.5Out

Goodyear Tire Corporate Management

Margaret SnyderVP ControllerProfile
Mamatha ChamarthiSenior OfficerProfile
David EsqSenior CounselProfile
Will RolandSenior OfficerProfile

Additional Tools for Goodyear Stock Analysis

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