PRIM250919P00062500 Option on Primoris Services
PRIM Stock | USD 84.71 2.71 3.30% |
PRIM250919P00062500 is a PUT option contract on Primoris Services' common stock with a strick price of 62.5 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 76 days remaining before the expiration. The option is currently trading at a bid price of $0.3, and an ask price of $2.55. The implied volatility as of the 5th of July is 76.0.
When exercised, put options on Primoris Services produce a short position in Primoris Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Primoris Services' downside price movement.
Rule 16 of 2025-09-19 Option Contract
The options market is anticipating that Primoris Services will have an average daily up or down price movement of about 0.0385% per day over the life of the option. With Primoris Services trading at USD 84.71, that is roughly USD 0.0326. If you think that the market is fully understating Primoris Services' daily price movement you should consider buying Primoris Services options at that current volatility level of 0.62%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on Primoris Services
An 'Out of The Money' option on Primoris has a strike price that Primoris 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 Primoris Services' 'Out of The Money' options include buying the options if you expect a big move in Primoris Services' 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 | PRIM250919P00062500 |
Expires On | 2025-09-19 |
Days Before Expriration | 76 |
Vega | 0.072776 |
Gamma | 0.007713 |
Theoretical Value | 1.43 |
Open Interest | 1 |
Strike Price | 62.5 |
Last Traded At | 2.2 |
Current Price Spread | 0.3 | 2.55 |
Rule 16 Daily Up or Down | USD 0.0326 |
Primoris short PUT Option Greeks
Primoris Services' Option Greeks for the contract ending on 2025-09-19 at a strike price of 62.5 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 Primoris Services' option greeks, its implied volatility helps estimate the risk of Primoris Services stock implied by the prices of the options on Primoris Services' stock.
Delta | -0.108253 | |
Gamma | 0.007713 | |
Theta | -0.027726 | |
Vega | 0.072776 | |
Rho | -0.020696 |
Primoris long PUT Option Payoff at expiration
Put options written on Primoris Services grant holders of the option the right to sell a specified amount of Primoris Services 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 Primoris Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Primoris Services is like buying insurance aginst Primoris Services' downside shift.
Profit |
Primoris Services Price At Expiration |
Primoris short PUT Option Payoff at expiration
By selling Primoris Services' put option, the investors signal their bearish sentiment. A short position in a put option written on Primoris Services will generally make money when the underlying price is above the strike price. Therefore Primoris Services' put payoff at expiration depends on where the Primoris Stock price is relative to the put option strike price. The breakeven price of 61.07 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 Primoris Services' price. Finally, at the strike price of 62.5, the payoff chart is constant and positive.
Profit |
Primoris Services Price At Expiration |
Primoris Services Available Put Options
Primoris Services' option chain is a display of a range of information that helps investors for ways to trade options on Primoris. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Primoris. It also shows strike prices and maturity days for a Primoris Services 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 | PRIM250919P00030000 | 1 | 30.0 | 0.05 - 0.25 | 0.05 | Out |
Put | PRIM250919P00032500 | 1 | 32.5 | 0.0 - 1.75 | 1.75 | Out |
Put | PRIM250919P00035000 | 1 | 35.0 | 0.0 - 0.75 | 0.75 | Out |
Put | PRIM250919P00037500 | 1 | 37.5 | 0.0 - 2.15 | 2.15 | Out |
Put | PRIM250919P00040000 | 1 | 40.0 | 0.0 - 0.95 | 0.95 | Out |
Put | PRIM250919P00042500 | 1 | 42.5 | 0.0 - 0.95 | 0.95 | Out |
Put | PRIM250919P00050000 | 132 | 50.0 | 0.0 - 2.2 | 2.2 | Out |
Put | PRIM250919P00052500 | 1 | 52.5 | 0.0 - 0.75 | 0.75 | Out |
Put | PRIM250919P00055000 | 39 | 55.0 | 0.0 - 0.75 | 0.43 | Out |
Put | PRIM250919P00057500 | 1 | 57.5 | 0.0 - 0.75 | 0.75 | Out |
Put | PRIM250919P00060000 | 1 | 60.0 | 0.0 - 2.55 | 2.55 | Out |
Put | PRIM250919P00062500 | 1 | 62.5 | 0.3 - 2.55 | 2.2 | Out |
Put | PRIM250919P00065000 | 2 | 65.0 | 0.35 - 2.75 | 3.0 | Out |
Put | PRIM250919P00067500 | 1 | 67.5 | 0.0 - 2.95 | 2.95 | Out |
Put | PRIM250919P00070000 | 7 | 70.0 | 0.15 - 3.5 | 4.57 | Out |
Put | PRIM250919P00075000 | 5 | 75.0 | 0.65 - 4.5 | 0.65 | Out |
Put | PRIM250919P00090000 | 0 | 90.0 | 7.7 - 11.0 | 7.7 | In |
Put | PRIM250919P00092500 | 0 | 92.5 | 9.4 - 12.5 | 9.4 | In |
Put | PRIM250919P00095000 | 0 | 95.0 | 11.2 - 14.4 | 11.2 | In |
Put | PRIM250919P00100000 | 0 | 100.0 | 15.4 - 18.3 | 15.4 | In |
Put | PRIM250919P00105000 | 0 | 105.0 | 19.2 - 22.7 | 19.2 | In |
Put | PRIM250919P00110000 | 0 | 110.0 | 24.3 - 27.5 | 24.3 | In |
Put | PRIM250919P00115000 | 0 | 115.0 | 28.5 - 32.4 | 28.5 | In |
Put | PRIM250919P00120000 | 0 | 120.0 | 33.6 - 37.4 | 33.6 | In |
Put | PRIM250919P00125000 | 0 | 125.0 | 38.6 - 42.1 | 38.6 | In |
Put | PRIM250919P00130000 | 0 | 130.0 | 43.5 - 47.4 | 43.5 | In |
Primoris Services Corporate Executives
Elected by the shareholders, the Primoris Services' board of directors comprises two types of representatives: Primoris Services inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Primoris. The board's role is to monitor Primoris Services' management team and ensure that shareholders' interests are well served. Primoris Services' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Primoris Services' outside directors are responsible for providing unbiased perspectives on the board's policies.
Kenneth CPA | Executive CFO | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Primoris Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Primoris Stock, please use our How to Invest in Primoris Services guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Construction & Engineering 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 Primoris Services. If investors know Primoris 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 Primoris Services 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 1.314 | Dividend Share 0.28 | Earnings Share 3.77 | Revenue Per Share 122.908 | Quarterly Revenue Growth 0.167 |
The market value of Primoris Services is measured differently than its book value, which is the value of Primoris that is recorded on the company's balance sheet. Investors also form their own opinion of Primoris Services' value that differs from its market value or its book value, called intrinsic value, which is Primoris Services' 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 Primoris Services' market value can be influenced by many factors that don't directly affect Primoris Services' 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 Primoris Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Primoris Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Primoris Services' 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.