NX250919P00020000 Option on Quanex Building Products

NX Stock  USD 18.43  0.41  2.18%   
NX250919P00020000 is a PUT option contract on Quanex Building's common stock with a strick price of 20.0 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 62 days remaining before the expiration. The option is currently trading at a bid price of $1.85, and an ask price of $2.75. The implied volatility as of the 19th of July is 62.0.
A put option written on Quanex Building becomes more valuable as the price of Quanex Building drops. Conversely, Quanex Building's put option loses its value as Quanex Stock rises.

Rule 16 of 2025-09-19 Option Contract

The options market is anticipating that Quanex Building Products will have an average daily up or down price movement of about 0.0285% per day over the life of the option. With Quanex Building trading at USD 18.43, that is roughly USD 0.005248. If you think that the market is fully understating Quanex Building's daily price movement you should consider buying Quanex Building Products options at that current volatility level of 0.46%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Put Option on Quanex Building

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 Quanex Building 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 Quanex Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Put Contract NameNX250919P00020000
Expires On2025-09-19
Days Before Expriration62
Vega0.028578
Gamma0.110179
Theoretical Value2.3
Open Interest1
Strike Price20.0
Last Traded At2.21
Current Price Spread1.85 | 2.75
Rule 16 Daily Up or DownUSD 0.005248

Quanex short PUT Option Greeks

Quanex Building's Option Greeks for the contract ending on 2025-09-19 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 Quanex Building's option greeks, its implied volatility helps estimate the risk of Quanex Building stock implied by the prices of the options on Quanex Building's stock.
Delta-0.627965
Gamma0.110179
Theta-0.009647
Vega0.028578
Rho-0.018206

Quanex long PUT Option Payoff at expiration

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

Quanex short PUT Option Payoff at expiration

By selling Quanex Building's put option, the investors signal their bearish sentiment. A short position in a put option written on Quanex Building will generally make money when the underlying price is above the strike price. Therefore Quanex Building's put payoff at expiration depends on where the Quanex Stock price is relative to the put option strike price. The breakeven price of 17.7 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 Quanex Building's price. Finally, at the strike price of 20.0, the payoff chart is constant and positive.
   Profit   
       Quanex Building Price At Expiration  
View All Quanex Building Options

Quanex Building Products Available Put Options

Quanex Building's option chain is a display of a range of information that helps investors for ways to trade options on Quanex. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Quanex. It also shows strike prices and maturity days for a Quanex Building 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
NX250919P00035000035.016.1 - 17.716.1In
 Put
NX250919P00030000030.011.4 - 11.711.4In
 Put
NX250919P00025000025.06.4 - 6.96.4In
 Put
NX250919P00022500422.54.0 - 4.62.48In
 Put
NX250919P00020000120.01.85 - 2.752.21In
 Put
NX250919P000175001217.50.55 - 1.450.93Out
 Put
NX250919P000150001615.00.15 - 0.81.0Out
 Put
NX250919P00012500512.50.0 - 0.550.55Out
 Put
NX250919P00010000010.00.0 - 0.750.75Out
 Put
NX250919P0000750007.50.0 - 0.750.75Out

Quanex Building Corporate Directors

Robert BuckDirector and Member of Audit CommitteeProfile
Joseph RuppLead Independent DirectorProfile
Donald MaierIndependent DirectorProfile
William WaltzIndependent DirectorProfile

Additional Tools for Quanex Stock Analysis

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