PCEF250919P00014000 Option on Invesco CEF Income
| PCEF Etf | USD 19.67 0.02 0.10% |
PCEF250919P00014000 is a PUT option contract on Invesco CEF's common stock with a strick price of 14.0 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 59 days remaining before the expiration. The option is currently trading at an ask price of $1.3. The implied volatility as of the 22nd of July is 59.0.
When exercised, put options on Invesco CEF produce a short position in Invesco Etf. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Invesco CEF's downside price movement.
Rule 16 of 2025-09-19 Option Contract
The options market is anticipating that Invesco CEF Income will have an average daily up or down price movement of about 0.0586% per day over the life of the option. With Invesco CEF trading at USD 19.67, that is roughly USD 0.0115. If you think that the market is fully understating Invesco CEF's daily price movement you should consider buying Invesco CEF Income options at that current volatility level of 0.94%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on Invesco CEF
An 'Out of The Money' option on Invesco has a strike price that Invesco 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 Invesco CEF's 'Out of The Money' options include buying the options if you expect a big move in Invesco CEF'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 Name | PCEF250919P00014000 |
| Expires On | 2025-09-19 |
| Days Before Expriration | 59 |
| Vega | 0.017807 |
| Gamma | 0.030398 |
| Theoretical Value | 0.65 |
| Open Interest | 1 |
| Strike Price | 14.0 |
| Current Price Spread | 0.0 | 1.3 |
| Rule 16 Daily Up or Down | USD 0.0115 |
Invesco short PUT Option Greeks
Invesco CEF's Option Greeks for the contract ending on 2025-09-19 at a strike price of 14.0 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 Invesco CEF's option greeks, its implied volatility helps estimate the risk of Invesco CEF stock implied by the prices of the options on Invesco CEF's stock.
| Delta | -0.14282 | |
| Gamma | 0.030398 | |
| Theta | -0.013796 | |
| Vega | 0.017807 | |
| Rho | -0.005133 |
Invesco long PUT Option Payoff at expiration
Put options written on Invesco CEF grant holders of the option the right to sell a specified amount of Invesco CEF 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 Invesco Etf cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Invesco CEF is like buying insurance aginst Invesco CEF's downside shift.
Profit |
| Invesco CEF Price At Expiration |
Invesco short PUT Option Payoff at expiration
By selling Invesco CEF's put option, the investors signal their bearish sentiment. A short position in a put option written on Invesco CEF will generally make money when the underlying price is above the strike price. Therefore Invesco CEF's put payoff at expiration depends on where the Invesco Etf price is relative to the put option strike price. The breakeven price of 13.35 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 Invesco CEF's price. Finally, at the strike price of 14.0, the payoff chart is constant and positive.
Profit |
| Invesco CEF Price At Expiration |
Invesco CEF Income Available Put Options
Invesco CEF's option chain is a display of a range of information that helps investors for ways to trade options on Invesco. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Invesco. It also shows strike prices and maturity days for a Invesco CEF 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 Int | Strike Price | Current Spread | Last Price | |||
Put | PCEF250919P00023000 | 0 | 23.0 | 2.25 - 4.9 | 2.25 | In |
Put | PCEF250919P00022000 | 0 | 22.0 | 1.2 - 3.9 | 1.2 | In |
Put | PCEF250919P00021000 | 0 | 21.0 | 0.2 - 2.9 | 0.2 | In |
Put | PCEF250919P00020000 | 0 | 20.0 | 0.0 - 1.95 | 1.95 | In |
Put | PCEF250919P00019000 | 14 | 19.0 | 0.25 - 1.5 | 0.25 | Out |
Put | PCEF250919P00018000 | 0 | 18.0 | 0.0 - 1.35 | 1.35 | |
Put | PCEF250919P00017000 | 0 | 17.0 | 0.0 - 1.35 | 1.35 | |
Put | PCEF250919P00016000 | 0 | 16.0 | 0.0 - 1.3 | 1.3 | |
Put | PCEF250919P00015000 | 0 | 15.0 | 0.0 - 1.3 | 1.3 | |
Put | PCEF250919P00014000 | 1 | 14.0 | 0.0 - 1.3 | 1.3 | Out |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Invesco CEF Income. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
The market value of Invesco CEF Income is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco CEF's value that differs from its market value or its book value, called intrinsic value, which is Invesco CEF'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 Invesco CEF's market value can be influenced by many factors that don't directly affect Invesco CEF'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 Invesco CEF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco CEF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco CEF'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.