HTLD251017C00010000 Option on Heartland Express

HTLD Stock  USD 8.33  0.26  3.03%   
HTLD251017C00010000 is a PUT option contract on Heartland Express' common stock with a strick price of 10.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 90 days remaining before the expiration. The option is currently trading at a bid price of $0.05, and an ask price of $0.25. The implied volatility as of the 19th of July is 90.0.
When exercised, put options on Heartland Express produce a short position in Heartland Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Heartland Express' downside price movement.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that Heartland Express will have an average daily up or down price movement of about 0.023% per day over the life of the option. With Heartland Express trading at USD 8.33, that is roughly USD 0.001914. If you think that the market is fully understating Heartland Express' daily price movement you should consider buying Heartland Express options at that current volatility level of 0.37%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on Heartland Express

An 'Out of The Money' option on Heartland has a strike price that Heartland 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 Heartland Express' 'Out of The Money' options include buying the options if you expect a big move in Heartland Express' 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 NameHTLD251017C00010000
Expires On2025-10-17
Days Before Expriration90
Delta0.19362
Vega0.011345
Gamma0.180335
Theoretical Value0.15
Open Interest325
Strike Price10.0
Last Traded At0.2
Current Price Spread0.05 | 0.25
Rule 16 Daily Up or DownUSD 0.001914

Heartland short PUT Option Greeks

Heartland Express' Option Greeks for the contract ending on 2025-10-17 at a strike price of 10.0 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 Heartland Express' option greeks, its implied volatility helps estimate the risk of Heartland Express stock implied by the prices of the options on Heartland Express' stock.
Delta0.19362
Gamma0.180335
Theta-0.002452
Vega0.011345
Rho0.003607

Heartland long PUT Option Payoff at expiration

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

Heartland short PUT Option Payoff at expiration

By selling Heartland Express' put option, the investors signal their bearish sentiment. A short position in a put option written on Heartland Express will generally make money when the underlying price is above the strike price. Therefore Heartland Express' put payoff at expiration depends on where the Heartland Stock price is relative to the put option strike price. The breakeven price of 10.15 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 Heartland Express' price. Finally, at the strike price of 10.0, the payoff chart is constant and positive.
   Profit   
       Heartland Express Price At Expiration  
View All Heartland Express Options

Heartland Express Available Call Options

Heartland Express' option chain is a display of a range of information that helps investors for ways to trade options on Heartland. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Heartland. It also shows strike prices and maturity days for a Heartland Express 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
HTLD251017C00025000025.00.0 - 0.70.7Out
Call
HTLD251017C00022500022.50.0 - 0.750.75Out
Call
HTLD251017C0002000013020.00.0 - 0.750.75Out
Call
HTLD251017C00017500017.50.0 - 0.750.75Out
Call
HTLD251017C0001500016015.00.0 - 0.050.05Out
Call
HTLD251017C0001250048112.50.0 - 0.40.4Out
Call
HTLD251017C0001000032510.00.05 - 0.250.2Out
Call
HTLD251017C000075001747.51.05 - 1.252.15In
Call
HTLD251017C0000500005.03.1 - 3.73.95In
Call
HTLD251017C0000250002.54.2 - 7.54.2In
When determining whether Heartland Express is a strong investment it is important to analyze Heartland Express' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Heartland Express' future performance. For an informed investment choice regarding Heartland Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heartland Express. 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 information on how to trade Heartland Stock refer to our How to Trade Heartland Stock guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Cargo Ground 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 Heartland Express. If investors know Heartland 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 Heartland Express 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
(0.66)
Dividend Share
0.08
Earnings Share
(0.36)
Revenue Per Share
12.678
Quarterly Revenue Growth
(0.19)
The market value of Heartland Express is measured differently than its book value, which is the value of Heartland that is recorded on the company's balance sheet. Investors also form their own opinion of Heartland Express' value that differs from its market value or its book value, called intrinsic value, which is Heartland Express' 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 Heartland Express' market value can be influenced by many factors that don't directly affect Heartland Express' 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 Heartland Express' value and its price as these two are different measures arrived at by different means. Investors typically determine if Heartland Express is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heartland Express' 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.