HZO251017P00020000 Option on MarineMax
HZO Stock | USD 24.25 0.22 0.90% |
HZO251017P00020000 is a PUT option contract on MarineMax's common stock with a strick price of 20.0 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 $0.65, and an ask price of $0.85. The implied volatility as of the 19th of July is 90.0.
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A put option written on MarineMax becomes more valuable as the price of MarineMax drops. Conversely, MarineMax's put option loses its value as MarineMax Stock rises.
Rule 16 of 2025-10-17 Option Contract
The options market is anticipating that MarineMax will have an average daily up or down price movement of about 0.0345% per day over the life of the option. With MarineMax trading at USD 24.25, that is roughly USD 0.008371. If you think that the market is fully understating MarineMax's daily price movement you should consider buying MarineMax options at that current volatility level of 0.55%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on MarineMax
An 'Out of The Money' option on MarineMax has a strike price that MarineMax 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 MarineMax's 'Out of The Money' options include buying the options if you expect a big move in MarineMax'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 Name | HZO251017P00020000 |
Expires On | 2025-10-17 |
Days Before Expriration | 90 |
Vega | 0.03278 |
Gamma | 0.041094 |
Theoretical Value | 0.8 |
Open Interest | 84 |
Current Trading Volume | 15.0 |
Strike Price | 20.0 |
Last Traded At | 0.8 |
Current Price Spread | 0.65 | 0.85 |
Rule 16 Daily Up or Down | USD 0.008371 |
MarineMax short PUT Option Greeks
MarineMax's Option Greeks for the contract ending on 2025-10-17 at a strike price of 20.0 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 MarineMax's option greeks, its implied volatility helps estimate the risk of MarineMax stock implied by the prices of the options on MarineMax's stock.
Delta | -0.191081 | |
Gamma | 0.041094 | |
Theta | -0.009473 | |
Vega | 0.03278 | |
Rho | -0.011944 |
MarineMax long PUT Option Payoff at expiration
Put options written on MarineMax grant holders of the option the right to sell a specified amount of MarineMax 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 MarineMax Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on MarineMax is like buying insurance aginst MarineMax's downside shift.
Profit |
MarineMax Price At Expiration |
MarineMax short PUT Option Payoff at expiration
By selling MarineMax's put option, the investors signal their bearish sentiment. A short position in a put option written on MarineMax will generally make money when the underlying price is above the strike price. Therefore MarineMax's put payoff at expiration depends on where the MarineMax Stock price is relative to the put option strike price. The breakeven price of 19.2 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 MarineMax's price. Finally, at the strike price of 20.0, the payoff chart is constant and positive.
Profit |
MarineMax Price At Expiration |
MarineMax Available Put Options
MarineMax's option chain is a display of a range of information that helps investors for ways to trade options on MarineMax. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for MarineMax. It also shows strike prices and maturity days for a MarineMax 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 Int | Strike Price | Current Spread | Last Price | |||
Put | HZO251017P00040000 | 0 | 40.0 | 14.3 - 17.9 | 14.3 | In |
Put | HZO251017P00035000 | 1 | 35.0 | 9.2 - 11.7 | 9.65 | In |
Put | HZO251017P00030000 | 5 | 30.0 | 5.9 - 6.6 | 3.9 | In |
Put | HZO251017P00025000 | 25 | 25.0 | 1.3 - 2.9 | 1.65 | In |
Put | HZO251017P00022500 | 129 | 22.5 | 1.3 - 1.95 | 1.42 | Out |
Put | HZO251017P00020000 | 84 | 20.0 | 0.65 - 0.85 | 0.8 | Out |
Put | HZO251017P00017500 | 190 | 17.5 | 0.25 - 0.55 | 0.3 | Out |
Put | HZO251017P00015000 | 13 | 15.0 | 0.0 - 0.75 | 0.64 | Out |
Put | HZO251017P00012500 | 5 | 12.5 | 0.0 - 0.3 | 0.3 | Out |
Put | HZO251017P00010000 | 0 | 10.0 | 0.0 - 0.75 | 0.75 |
MarineMax Corporate Directors
Dean Woodman | Director Emeritus | Profile | |
Adam Johnson | Independent Director | Profile | |
Evelyn Follit | Independent Director | Profile | |
Charles Oglesby | Independent Director | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in MarineMax. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. To learn how to invest in MarineMax Stock, please use our How to Invest in MarineMax guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Other Specialty Retail 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 MarineMax. If investors know MarineMax 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 MarineMax 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 1 | Earnings Share 2.45 | Revenue Per Share | Quarterly Revenue Growth 0.083 | Return On Assets |
The market value of MarineMax is measured differently than its book value, which is the value of MarineMax that is recorded on the company's balance sheet. Investors also form their own opinion of MarineMax's value that differs from its market value or its book value, called intrinsic value, which is MarineMax'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 MarineMax's market value can be influenced by many factors that don't directly affect MarineMax'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 MarineMax's value and its price as these two are different measures arrived at by different means. Investors typically determine if MarineMax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MarineMax'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.