ORA250919P00070000 Option on Ormat Technologies

ORA Stock  USD 89.83  1.51  1.71%   
ORA250919P00070000 is a PUT option contract on Ormat Technologies' common stock with a strick price of 70.0 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 an ask price of $1.25. The implied volatility as of the 19th of July is 62.0.
A put option written on Ormat Technologies becomes more valuable as the price of Ormat Technologies drops. Conversely, Ormat Technologies' put option loses its value as Ormat Stock rises.

Rule 16 of 2025-09-19 Option Contract

The options market is anticipating that Ormat Technologies will have an average daily up or down price movement of about 0.0289% per day over the life of the option. With Ormat Technologies trading at USD 89.83, that is roughly USD 0.0259. If you think that the market is fully understating Ormat Technologies' daily price movement you should consider buying Ormat Technologies 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.

Out Of The Money Put Option on Ormat Technologies

An 'Out of The Money' option on Ormat has a strike price that Ormat 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 Ormat Technologies' 'Out of The Money' options include buying the options if you expect a big move in Ormat Technologies' 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 NameORA250919P00070000
Expires On2025-09-19
Days Before Expriration62
Vega0.052623
Gamma0.008319
Theoretical Value0.63
Open Interest5
Strike Price70.0
Current Price Spread0.0 | 1.25
Rule 16 Daily Up or DownUSD 0.0259

Ormat short PUT Option Greeks

Ormat Technologies' Option Greeks for the contract ending on 2025-09-19 at a strike price of 70.0 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 Ormat Technologies' option greeks, its implied volatility helps estimate the risk of Ormat Technologies stock implied by the prices of the options on Ormat Technologies' stock.
Delta-0.07542
Gamma0.008319
Theta-0.018884
Vega0.052623
Rho-0.011592

Ormat long PUT Option Payoff at expiration

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

Ormat short PUT Option Payoff at expiration

By selling Ormat Technologies' put option, the investors signal their bearish sentiment. A short position in a put option written on Ormat Technologies will generally make money when the underlying price is above the strike price. Therefore Ormat Technologies' put payoff at expiration depends on where the Ormat Stock price is relative to the put option strike price. The breakeven price of 69.37 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 Ormat Technologies' price. Finally, at the strike price of 70.0, the payoff chart is constant and positive.
   Profit   
       Ormat Technologies Price At Expiration  
View All Ormat Technologies Options

Ormat Technologies Available Put Options

Ormat Technologies' option chain is a display of a range of information that helps investors for ways to trade options on Ormat. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Ormat. It also shows strike prices and maturity days for a Ormat Technologies 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
ORA250919P001150000115.023.5 - 27.423.5In
 Put
ORA250919P001100000110.018.5 - 22.418.5In
 Put
ORA250919P001050000105.013.4 - 17.413.4In
 Put
ORA250919P001000000100.08.7 - 12.78.7In
 Put
ORA250919P00095000095.06.0 - 8.76.0In
 Put
ORA250919P00090000590.03.4 - 5.75.0Out
 Put
ORA250919P00085000585.01.6 - 2.72.1Out
 Put
ORA250919P00080000780.00.4 - 1.43.1Out
 Put
ORA250919P000750001175.00.4 - 1.751.95Out
 Put
ORA250919P00070000570.00.0 - 1.251.25Out
 Put
ORA250919P00065000965.00.0 - 1.151.75Out
 Put
ORA250919P00060000260.00.0 - 1.151.15Out
 Put
ORA250919P00055000355.00.0 - 0.750.75Out

Ormat Technologies Corporate Directors

Ravit BarnivIndependent DirectorProfile
Stanley SternIndependent DirectorProfile
Dan FalkLead Independent DirectorProfile
Byron WongIndependent DirectorProfile
When determining whether Ormat Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ormat Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ormat Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ormat Technologies Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ormat Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Ormat Stock refer to our How to Trade Ormat Stock guide.
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Is Independent Power and Renewable Electricity Producers 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 Ormat Technologies. If investors know Ormat 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 Ormat Technologies 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
0.033
Dividend Share
0.48
Earnings Share
2.06
Revenue Per Share
14.633
Quarterly Revenue Growth
0.025
The market value of Ormat Technologies is measured differently than its book value, which is the value of Ormat that is recorded on the company's balance sheet. Investors also form their own opinion of Ormat Technologies' value that differs from its market value or its book value, called intrinsic value, which is Ormat Technologies' 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 Ormat Technologies' market value can be influenced by many factors that don't directly affect Ormat Technologies' 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 Ormat Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ormat Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ormat Technologies' 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.