PCG250919C00021000 Option on PGE Corp
PCG Stock | USD 13.45 0.19 1.43% |
PCG250919C00021000 is a PUT option contract on PGE Corp's common stock with a strick price of 21.0 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 60 days remaining before the expiration. The option is currently trading at an ask price of $0.53. The implied volatility as of the 21st of July is 60.0.
When exercised, put options on PGE Corp produce a short position in PGE Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on PGE Corp's downside price movement.
Rule 16 of 2025-09-19 Option Contract
The options market is anticipating that PGE Corp will have an average daily up or down price movement of about 0.0518% per day over the life of the option. With PGE Corp trading at USD 13.45, that is roughly USD 0.006965. If you think that the market is fully understating PGE Corp's daily price movement you should consider buying PGE Corp options at that current volatility level of 0.83%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Call Option on PGE Corp
An 'Out of The Money' option on PGE has a strike price that PGE 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 PGE Corp's 'Out of The Money' options include buying the options if you expect a big move in PGE Corp'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.
Call Contract Name | PCG250919C00021000 |
Expires On | 2025-09-19 |
Days Before Expriration | 60 |
Delta | 0.132044 |
Vega | 0.011849 |
Gamma | 0.046531 |
Theoretical Value | 0.27 |
Open Interest | 91 |
Strike Price | 21.0 |
Last Traded At | 0.03 |
Current Price Spread | 0.0 | 0.53 |
Rule 16 Daily Up or Down | USD 0.006965 |
PGE short PUT Option Greeks
PGE Corp's Option Greeks for the contract ending on 2025-09-19 at a strike price of 21.0 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 PGE Corp's option greeks, its implied volatility helps estimate the risk of PGE Corp stock implied by the prices of the options on PGE Corp's stock.
Delta | 0.132044 | |
Gamma | 0.046531 | |
Theta | -0.008063 | |
Vega | 0.011849 | |
Rho | 0.002567 |
PGE long PUT Option Payoff at expiration
Put options written on PGE Corp grant holders of the option the right to sell a specified amount of PGE Corp 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 PGE Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on PGE Corp is like buying insurance aginst PGE Corp's downside shift.
Profit |
PGE Corp Price At Expiration |
PGE short PUT Option Payoff at expiration
By selling PGE Corp's put option, the investors signal their bearish sentiment. A short position in a put option written on PGE Corp will generally make money when the underlying price is above the strike price. Therefore PGE Corp's put payoff at expiration depends on where the PGE Stock price is relative to the put option strike price. The breakeven price of 21.27 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 PGE Corp's price. Finally, at the strike price of 21.0, the payoff chart is constant and positive.
Profit |
PGE Corp Price At Expiration |
PGE Corp Available Call Options
PGE Corp's option chain is a display of a range of information that helps investors for ways to trade options on PGE. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for PGE. It also shows strike prices and maturity days for a PGE Corp 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 | |||
Call | PCG250919C00035000 | 2 | 35.0 | 0.0 - 0.71 | 0.71 | Out |
Call | PCG250919C00030000 | 16 | 30.0 | 0.0 - 1.26 | 1.26 | Out |
Call | PCG250919C00027000 | 361 | 27.0 | 0.0 - 0.02 | 0.02 | Out |
Call | PCG250919C00025000 | 3277 | 25.0 | 0.0 - 0.08 | 0.02 | Out |
Call | PCG250919C00024000 | 18 | 24.0 | 0.0 - 1.27 | 0.01 | Out |
Call | PCG250919C00023000 | 33 | 23.0 | 0.0 - 0.77 | 0.77 | Out |
Call | PCG250919C00022000 | 563 | 22.0 | 0.0 - 0.35 | 0.02 | Out |
Call | PCG250919C00021000 | 91 | 21.0 | 0.0 - 0.53 | 0.03 | Out |
Call | PCG250919C00020000 | 43238 | 20.0 | 0.03 - 0.09 | 0.06 | Out |
Call | PCG250919C00019000 | 1637 | 19.0 | 0.05 - 0.56 | 0.15 | Out |
Call | PCG250919C00018000 | 168948 | 18.0 | 0.08 - 0.09 | 0.08 | Out |
Call | PCG250919C00017000 | 91881 | 17.0 | 0.13 - 0.14 | 0.14 | Out |
Call | PCG250919C00016000 | 174412 | 16.0 | 0.21 - 0.23 | 0.2 | Out |
Call | PCG250919C00015000 | 18012 | 15.0 | 0.37 - 0.39 | 0.38 | Out |
Call | PCG250919C00014000 | 17659 | 14.0 | 0.67 - 0.7 | 0.69 | Out |
Call | PCG250919C00013000 | 2794 | 13.0 | 1.16 - 1.21 | 1.18 | In |
Call | PCG250919C00012000 | 91 | 12.0 | 1.83 - 2.09 | 1.88 | In |
Call | PCG250919C00011000 | 18 | 11.0 | 2.65 - 2.86 | 2.79 | In |
Call | PCG250919C00010000 | 540 | 10.0 | 3.55 - 3.65 | 3.37 | In |
Call | PCG250919C00009000 | 5 | 9.0 | 4.45 - 4.65 | 4.7 | In |
Call | PCG250919C00008000 | 133 | 8.0 | 5.45 - 6.35 | 5.39 | In |
Call | PCG250919C00005000 | 2 | 5.0 | 7.4 - 9.95 | 8.15 | In |
PGE Corp Corporate Executives
Elected by the shareholders, the PGE Corp's board of directors comprises two types of representatives: PGE Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of PGE. The board's role is to monitor PGE Corp's management team and ensure that shareholders' interests are well served. PGE Corp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, PGE Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Dinyar Mistry | VP, Controller, CFO of Pacific Gas and Electric Company, VP of Pacific Gas and Electric Company and Controller of Pacific Gas and Electric Company | Profile | |
Carolyn Burke | CFO VP | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PGE Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For more detail on how to invest in PGE Stock please use our How to Invest in PGE Corp guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Electric Utilities 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 PGE Corp. If investors know PGE 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 PGE Corp 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 (0.19) | Dividend Share 0.07 | Earnings Share 1.09 | Revenue Per Share | Quarterly Revenue Growth 0.021 |
The market value of PGE Corp is measured differently than its book value, which is the value of PGE that is recorded on the company's balance sheet. Investors also form their own opinion of PGE Corp's value that differs from its market value or its book value, called intrinsic value, which is PGE Corp'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 PGE Corp's market value can be influenced by many factors that don't directly affect PGE Corp'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 PGE Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if PGE Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PGE Corp'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.