KMT251017P00017500 Option on Kennametal

KMT Stock  USD 24.51  0.06  0.24%   
KMT251017P00017500 is a PUT option contract on Kennametal's common stock with a strick price of 17.5 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 $0.75. The implied volatility as of the 21st of July is 88.0.
When exercised, put options on Kennametal produce a short position in Kennametal Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Kennametal's downside price movement.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that Kennametal will have an average daily up or down price movement of about 0.0374% per day over the life of the option. With Kennametal trading at USD 24.51, that is roughly USD 0.009161. If you think that the market is fully understating Kennametal's daily price movement you should consider buying Kennametal options at that current volatility level of 0.6%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Kennametal

An 'Out of The Money' option on Kennametal has a strike price that Kennametal 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 Kennametal's 'Out of The Money' options include buying the options if you expect a big move in Kennametal'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 NameKMT251017P00017500
Expires On2025-10-17
Days Before Expriration88
Vega0.020757
Gamma0.023335
Theoretical Value0.37
Open Interest5
Strike Price17.5
Current Price Spread0.0 | 0.75
Rule 16 Daily Up or DownUSD 0.009161

Kennametal short PUT Option Greeks

Kennametal's Option Greeks for the contract ending on 2025-10-17 at a strike price of 17.5 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 Kennametal's option greeks, its implied volatility helps estimate the risk of Kennametal stock implied by the prices of the options on Kennametal's stock.
Delta-0.096085
Gamma0.023335
Theta-0.006784
Vega0.020757
Rho-0.006196

Kennametal long PUT Option Payoff at expiration

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

Kennametal short PUT Option Payoff at expiration

By selling Kennametal's put option, the investors signal their bearish sentiment. A short position in a put option written on Kennametal will generally make money when the underlying price is above the strike price. Therefore Kennametal's put payoff at expiration depends on where the Kennametal Stock price is relative to the put option strike price. The breakeven price of 17.13 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 Kennametal's price. Finally, at the strike price of 17.5, the payoff chart is constant and positive.
   Profit   
       Kennametal Price At Expiration  
View All Kennametal Options

Kennametal Available Put Options

Kennametal's option chain is a display of a range of information that helps investors for ways to trade options on Kennametal. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Kennametal. It also shows strike prices and maturity days for a Kennametal 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
KMT251017P00035000035.09.9 - 11.29.9In
 Put
KMT251017P00030000030.05.3 - 6.25.3In
 Put
KMT251017P00025000225.00.95 - 2.551.91In
 Put
KMT251017P00022500522.50.0 - 1.21.86Out
 Put
KMT251017P000200002620.00.0 - 0.650.55Out
 Put
KMT251017P00017500517.50.0 - 0.750.75Out
 Put
KMT251017P00015000015.00.0 - 0.750.75Out
 Put
KMT251017P00012500012.50.0 - 0.750.75Out
 Put
KMT251017P00010000010.00.0 - 0.750.75Out
 Put
KMT251017P0000750017.50.0 - 0.750.11Out

Kennametal Corporate Directors

William HarveyIndependent DirectorProfile
Cynthia DavisIndependent DirectorProfile
Steven WunningIndependent DirectorProfile
Joseph AlvaradoIndependent DirectorProfile

Additional Tools for Kennametal Stock Analysis

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