LIT251017P00036000 Option on Global X Lithium

LIT Etf  USD 42.52  0.37  0.88%   
LIT251017P00036000 is a PUT option contract on Global X's common stock with a strick price of 36.0 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 a bid price of $0.3, and an ask price of $0.85. The implied volatility as of the 21st of July is 88.0.
When exercised, put options on Global X produce a short position in Global Etf. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Global X's downside price movement.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that Global X Lithium will have an average daily up or down price movement of about 0.0216% per day over the life of the option. With Global X trading at USD 42.52, that is roughly USD 0.009168. If you think that the market is fully understating Global X's daily price movement you should consider buying Global X Lithium options at that current volatility level of 0.35%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Global X

An 'Out of The Money' option on Global has a strike price that Global Etf 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 Global X's 'Out of The Money' options include buying the options if you expect a big move in Global X'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 NameLIT251017P00036000
Expires On2025-10-17
Days Before Expriration88
Vega0.047475
Gamma0.031575
Theoretical Value0.58
Open Interest7
Strike Price36.0
Last Traded At0.79
Current Price Spread0.3 | 0.85
Rule 16 Daily Up or DownUSD 0.009168

Global short PUT Option Greeks

Global X's Option Greeks for the contract ending on 2025-10-17 at a strike price of 36.0 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 Global X's option greeks, its implied volatility helps estimate the risk of Global X stock implied by the prices of the options on Global X's stock.
Delta-0.144077
Gamma0.031575
Theta-0.008378
Vega0.047475
Rho-0.01471

Global long PUT Option Payoff at expiration

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

Global short PUT Option Payoff at expiration

By selling Global X's put option, the investors signal their bearish sentiment. A short position in a put option written on Global X will generally make money when the underlying price is above the strike price. Therefore Global X's put payoff at expiration depends on where the Global Etf price is relative to the put option strike price. The breakeven price of 35.42 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 Global X's price. Finally, at the strike price of 36.0, the payoff chart is constant and positive.
   Profit   
       Global X Price At Expiration  
View All Global X Options

Global X Lithium Available Put Options

Global X's option chain is a display of a range of information that helps investors for ways to trade options on Global. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Global. It also shows strike prices and maturity days for a Global X 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
LIT251017P00060000060.017.2 - 19.117.2In
 Put
LIT251017P00055000055.012.0 - 14.212.0In
 Put
LIT251017P00052000052.09.4 - 11.99.4In
 Put
LIT251017P00051000051.08.4 - 9.98.4In
 Put
LIT251017P00050000050.07.4 - 8.97.4In
 Put
LIT251017P00049000049.06.5 - 8.06.5In
 Put
LIT251017P00048000048.05.7 - 7.25.7In
 Put
LIT251017P00047000247.04.8 - 6.24.8In
 Put
LIT251017P00046000046.04.2 - 5.04.2In
 Put
LIT251017P00045000245.03.7 - 4.35.32In
 Put
LIT251017P00044000544.02.85 - 3.62.85In
 Put
LIT251017P00042000342.01.9 - 2.33.6Out
 Put
LIT251017P00041000141.01.5 - 1.92.83Out
 Put
LIT251017P000400001340.01.2 - 1.452.0Out
 Put
LIT251017P000390001739.00.9 - 1.151.05Out
 Put
LIT251017P00038000238.00.7 - 0.91.19Out
 Put
LIT251017P00037000637.00.45 - 1.11.14Out
 Put
LIT251017P00036000736.00.3 - 0.850.79Out
 Put
LIT251017P000350001735.00.0 - 1.050.85Out
 Put
LIT251017P000340004334.00.0 - 0.40.25Out
 Put
LIT251017P00033000133.00.0 - 0.751.26Out
 Put
LIT251017P00031000431.00.0 - 0.750.75Out
 Put
LIT251017P00030000130.00.0 - 0.750.75Out
 Put
LIT251017P00025000125.00.0 - 0.750.75Out
When determining whether Global X Lithium is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Global Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Global X Lithium Etf. Highlighted below are key reports to facilitate an investment decision about Global X Lithium Etf:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Global X Lithium. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
The market value of Global X Lithium is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global X's value that differs from its market value or its book value, called intrinsic value, which is Global X'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 Global X's market value can be influenced by many factors that don't directly affect Global X'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 Global X's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global X is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global X'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.