QTEC251017P00215000 Option on First Trust NASDAQ

QTEC Etf  USD 216.66  0.40  0.18%   
QTEC251017P00215000 is a PUT option contract on First Trust's common stock with a strick price of 215.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 85 days remaining before the expiration. The option is currently trading at a bid price of $6.1, and an ask price of $9.4. The implied volatility as of the 24th of July is 85.0.
A put option written on First Trust becomes more valuable as the price of First Trust drops. Conversely, First Trust's put option loses its value as First Etf rises.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that First Trust NASDAQ 100 Technology will have an average daily up or down price movement of about 0.0147% per day over the life of the option. With First Trust trading at USD 216.66, that is roughly USD 0.0319. If you think that the market is fully understating First Trust's daily price movement you should consider buying First Trust NASDAQ 100 Technology options at that current volatility level of 0.24%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on First Trust

An 'Out of The Money' option on First has a strike price that First 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 First Trust's 'Out of The Money' options include buying the options if you expect a big move in First Trust'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 NameQTEC251017P00215000
Expires On2025-10-17
Days Before Expriration85
Vega0.413227
Gamma0.015631
Theoretical Value7.75
Open Interest1
Strike Price215.0
Last Traded At10.12
Current Price Spread6.1 | 9.4
Rule 16 Daily Up or DownUSD 0.0319

First short PUT Option Greeks

First Trust's Option Greeks for the contract ending on 2025-10-17 at a strike price of 215.0 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 First Trust's option greeks, its implied volatility helps estimate the risk of First Trust stock implied by the prices of the options on First Trust's stock.
Delta-0.405994
Gamma0.015631
Theta-0.046426
Vega0.413227
Rho-0.18712

First long PUT Option Payoff at expiration

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

First short PUT Option Payoff at expiration

By selling First Trust's put option, the investors signal their bearish sentiment. A short position in a put option written on First Trust will generally make money when the underlying price is above the strike price. Therefore First Trust's put payoff at expiration depends on where the First Etf price is relative to the put option strike price. The breakeven price of 207.25 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 First Trust's price. Finally, at the strike price of 215.0, the payoff chart is constant and positive.
   Profit   
       First Trust Price At Expiration  
View All First Trust Options

First Trust NASDAQ Available Put Options

First Trust's option chain is a display of a range of information that helps investors for ways to trade options on First. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for First. It also shows strike prices and maturity days for a First Trust 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
QTEC251017P002300000230.013.1 - 16.413.1In
 Put
QTEC251017P002250000225.010.1 - 13.610.1In
 Put
QTEC251017P002200000220.07.6 - 11.17.6In
 Put
QTEC251017P002150001215.06.1 - 9.410.12Out
 Put
QTEC251017P002100000210.05.2 - 7.95.2Out
 Put
QTEC251017P0020500015205.03.9 - 6.73.9Out
 Put
QTEC251017P002000000200.02.85 - 5.72.85Out
 Put
QTEC251017P001990000199.02.7 - 5.52.7Out
 Put
QTEC251017P001980000198.02.55 - 5.32.55Out
 Put
QTEC251017P001970000197.02.4 - 5.12.4Out
When determining whether First Trust NASDAQ offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Trust's 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 First Trust Nasdaq 100 Technology Etf. Outlined below are crucial reports that will aid in making a well-informed decision on First Trust Nasdaq 100 Technology Etf:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in First Trust NASDAQ 100 Technology. 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.
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The market value of First Trust NASDAQ is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust'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 First Trust's market value can be influenced by many factors that don't directly affect First Trust'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 First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust'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.