NATL251017P00020000 Option on NCR Atleos

NATL Stock   27.53  0.68  2.53%   
NATL251017P00020000 is a PUT option contract on NCR Atleos' 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 86 days remaining before the expiration. The option is currently trading at a bid price of $0.1, and an ask price of $0.6. The implied volatility as of the 23rd of July is 86.0.
When exercised, put options on NCR Atleos produce a short position in NCR Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on NCR Atleos' downside price movement.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that NCR Atleos will have an average daily up or down price movement of about 0.0331% per day over the life of the option. With NCR Atleos trading at USD 27.53, that is roughly USD 0.009116. If you think that the market is fully understating NCR Atleos' daily price movement you should consider buying NCR Atleos options at that current volatility level of 0.53%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on NCR Atleos

An 'Out of The Money' option on NCR has a strike price that NCR 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 NCR Atleos' 'Out of The Money' options include buying the options if you expect a big move in NCR Atleos' 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 NameNATL251017P00020000
Expires On2025-10-17
Days Before Expriration86
Vega0.022345
Gamma0.024598
Theoretical Value0.35
Open Interest23
Strike Price20.0
Last Traded At0.22
Current Price Spread0.1 | 0.6
Rule 16 Daily Up or DownUSD 0.009116

NCR short PUT Option Greeks

NCR Atleos' 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 NCR Atleos' option greeks, its implied volatility helps estimate the risk of NCR Atleos stock implied by the prices of the options on NCR Atleos' stock.
Delta-0.096119
Gamma0.024598
Theta-0.006486
Vega0.022345
Rho-0.006371

NCR long PUT Option Payoff at expiration

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

NCR short PUT Option Payoff at expiration

By selling NCR Atleos' put option, the investors signal their bearish sentiment. A short position in a put option written on NCR Atleos will generally make money when the underlying price is above the strike price. Therefore NCR Atleos' put payoff at expiration depends on where the NCR Stock price is relative to the put option strike price. The breakeven price of 19.65 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 NCR Atleos' price. Finally, at the strike price of 20.0, the payoff chart is constant and positive.
   Profit   
       NCR Atleos Price At Expiration  
View All NCR Atleos Options

NCR Atleos Available Put Options

NCR Atleos' option chain is a display of a range of information that helps investors for ways to trade options on NCR. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for NCR. It also shows strike prices and maturity days for a NCR Atleos 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
NATL251017P00045000045.017.2 - 18.617.2In
 Put
NATL251017P00040000040.012.3 - 13.512.3In
 Put
NATL251017P000350005735.07.7 - 8.67.7In
 Put
NATL251017P0003000011530.03.8 - 4.03.7In
 Put
NATL251017P000250003325.00.6 - 2.01.23Out
 Put
NATL251017P000225004322.50.6 - 0.750.75Out
 Put
NATL251017P000200002320.00.1 - 0.60.22Out
 Put
NATL251017P00017500017.50.0 - 2.252.25Out
 Put
NATL251017P00015000015.00.05 - 0.250.05Out
 Put
NATL251017P00012500012.50.0 - 0.250.25Out

NCR Atleos Corporate Management

When determining whether NCR Atleos is a strong investment it is important to analyze NCR Atleos' 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 NCR Atleos' future performance. For an informed investment choice regarding NCR Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NCR Atleos. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy NCR Stock please use our How to buy in NCR Stock guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Application Software 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 NCR Atleos. If investors know NCR 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 NCR Atleos 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
(0.48)
Earnings Share
1.57
Revenue Per Share
58.519
Quarterly Revenue Growth
(0.07)
Return On Assets
0.0616
The market value of NCR Atleos is measured differently than its book value, which is the value of NCR that is recorded on the company's balance sheet. Investors also form their own opinion of NCR Atleos' value that differs from its market value or its book value, called intrinsic value, which is NCR Atleos' 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 NCR Atleos' market value can be influenced by many factors that don't directly affect NCR Atleos' 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 NCR Atleos' value and its price as these two are different measures arrived at by different means. Investors typically determine if NCR Atleos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NCR Atleos' 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.