MDT251017C00087500 Option on Medtronic PLC

MDT Stock  USD 91.65  1.95  2.17%   
MDT251017C00087500 is a PUT option contract on Medtronic PLC's common stock with a strick price of 87.5 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 85 days remaining before the expiration. The option is currently trading at a bid price of $4.65, and an ask price of $8.35. The implied volatility as of the 24th of July is 85.0.
When exercised, put options on Medtronic PLC produce a short position in Medtronic Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Medtronic PLC's downside price movement.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that Medtronic PLC will have an average daily up or down price movement of about 0.0132% per day over the life of the option. With Medtronic PLC trading at USD 91.65, that is roughly USD 0.0121. If you think that the market is fully understating Medtronic PLC's daily price movement you should consider buying Medtronic PLC options at that current volatility level of 0.21%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call Option on Medtronic PLC

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 Medtronic PLC 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 Medtronic Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract NameMDT251017C00087500
Expires On2025-10-17
Days Before Expriration85
Delta0.710694
Vega0.15034
Gamma0.035595
Theoretical Value6.5
Open Interest23
Strike Price87.5
Last Traded At5.55
Current Price Spread4.65 | 8.35
Rule 16 Daily Up or DownUSD 0.0121

Medtronic short PUT Option Greeks

Medtronic PLC's Option Greeks for the contract ending on 2025-10-17 at a strike price of 87.5 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 Medtronic PLC's option greeks, its implied volatility helps estimate the risk of Medtronic PLC stock implied by the prices of the options on Medtronic PLC's stock.
Delta0.710694
Gamma0.035595
Theta-0.020083
Vega0.15034
Rho0.138749

Medtronic long PUT Option Payoff at expiration

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

Medtronic short PUT Option Payoff at expiration

By selling Medtronic PLC's put option, the investors signal their bearish sentiment. A short position in a put option written on Medtronic PLC will generally make money when the underlying price is above the strike price. Therefore Medtronic PLC's put payoff at expiration depends on where the Medtronic Stock price is relative to the put option strike price. The breakeven price of 94.0 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 Medtronic PLC's price. Finally, at the strike price of 87.5, the payoff chart is constant and positive.
   Profit   
       Medtronic PLC Price At Expiration  
View All Medtronic PLC Options

Medtronic PLC Available Call Options

Medtronic PLC's option chain is a display of a range of information that helps investors for ways to trade options on Medtronic. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Medtronic. It also shows strike prices and maturity days for a Medtronic PLC 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
MDT251017C001300000130.00.0 - 2.142.14Out
Call
MDT251017C001250000125.00.0 - 2.152.15Out
Call
MDT251017C001200000120.00.0 - 2.162.16Out
Call
MDT251017C001150000115.00.0 - 2.172.17Out
Call
MDT251017C001100000110.00.0 - 0.760.76Out
Call
MDT251017C001050000105.00.0 - 2.02.0Out
Call
MDT251017C0010000056100.00.52 - 0.910.58Out
Call
MDT251017C0009750044397.50.95 - 1.321.21Out
Call
MDT251017C0009500054295.01.67 - 2.281.84Out
Call
MDT251017C000925009392.52.94 - 3.32.97Out
Call
MDT251017C0009000075990.02.73 - 5.254.05In
Call
MDT251017C000875002387.54.65 - 8.355.55In

Medtronic PLC Corporate Directors

Scott DonnellyLead Independent DirectorProfile
Richard AndersonLead Independent DirectorProfile
Elizabeth NabelIndependent DirectorProfile
James LenehanIndependent DirectorProfile

Additional Tools for Medtronic Stock Analysis

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