RELX251017P00045000 Option on Relx PLC ADR
RELX Stock | USD 53.07 0.39 0.74% |
RELX251017P00045000 is a PUT option contract on Relx PLC's common stock with a strick price of 45.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 86 days remaining before the expiration. The option is currently trading at an ask price of $2.45. The implied volatility as of the 23rd of July is 86.0.
A put option written on Relx PLC becomes more valuable as the price of Relx PLC drops. Conversely, Relx PLC's put option loses its value as Relx Stock rises.
Rule 16 of 2025-10-17 Option Contract
The options market is anticipating that Relx PLC ADR will have an average daily up or down price movement of about 0.0257% per day over the life of the option. With Relx PLC trading at USD 53.07, that is roughly USD 0.0137. If you think that the market is fully understating Relx PLC's daily price movement you should consider buying Relx PLC ADR options at that current volatility level of 0.41%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on Relx PLC
An 'Out of The Money' option on Relx has a strike price that Relx 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 Relx PLC's 'Out of The Money' options include buying the options if you expect a big move in Relx PLC'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 | RELX251017P00045000 |
Expires On | 2025-10-17 |
Days Before Expriration | 86 |
Vega | 0.069702 |
Gamma | 0.025359 |
Theoretical Value | 1.23 |
Open Interest | 6 |
Strike Price | 45.0 |
Current Price Spread | 0.0 | 2.45 |
Rule 16 Daily Up or Down | USD 0.0137 |
Relx short PUT Option Greeks
Relx PLC's Option Greeks for the contract ending on 2025-10-17 at a strike price of 45.0 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 Relx PLC's option greeks, its implied volatility helps estimate the risk of Relx PLC stock implied by the prices of the options on Relx PLC's stock.
Delta | -0.189243 | |
Gamma | 0.025359 | |
Theta | -0.016217 | |
Vega | 0.069702 | |
Rho | -0.024496 |
Relx long PUT Option Payoff at expiration
Put options written on Relx PLC grant holders of the option the right to sell a specified amount of Relx PLC 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 Relx Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Relx PLC is like buying insurance aginst Relx PLC's downside shift.
Profit |
Relx PLC Price At Expiration |
Relx short PUT Option Payoff at expiration
By selling Relx PLC's put option, the investors signal their bearish sentiment. A short position in a put option written on Relx PLC will generally make money when the underlying price is above the strike price. Therefore Relx PLC's put payoff at expiration depends on where the Relx Stock price is relative to the put option strike price. The breakeven price of 43.77 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 Relx PLC's price. Finally, at the strike price of 45.0, the payoff chart is constant and positive.
Profit |
Relx PLC Price At Expiration |
Relx PLC ADR Available Put Options
Relx PLC's option chain is a display of a range of information that helps investors for ways to trade options on Relx. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Relx. It also shows strike prices and maturity days for a Relx PLC 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 | RELX251017P00075000 | 0 | 75.0 | 20.0 - 24.5 | 20.0 | In |
Put | RELX251017P00070000 | 0 | 70.0 | 15.0 - 19.5 | 15.0 | In |
Put | RELX251017P00065000 | 0 | 65.0 | 10.0 - 14.5 | 10.0 | In |
Put | RELX251017P00060000 | 0 | 60.0 | 5.0 - 9.7 | 5.0 | In |
Put | RELX251017P00055000 | 0 | 55.0 | 0.9 - 5.5 | 0.9 | In |
Put | RELX251017P00050000 | 3 | 50.0 | 0.0 - 3.4 | 1.45 | Out |
Put | RELX251017P00045000 | 6 | 45.0 | 0.0 - 2.45 | 2.45 | Out |
Put | RELX251017P00040000 | 1 | 40.0 | 0.0 - 1.85 | 1.85 | Out |
Put | RELX251017P00035000 | 0 | 35.0 | 0.0 - 4.8 | 4.8 | |
Put | RELX251017P00030000 | 0 | 30.0 | 0.0 - 4.8 | 4.8 | |
Put | RELX251017P00025000 | 5 | 25.0 | 0.0 - 4.8 | 4.8 | Out |
Relx PLC Corporate Directors
Nicholas Luff | Chief Financial Officer, Executive Director | Profile | |
Wolfhart Hauser | Senior Independent Non-Executive Director | Profile | |
Robert MacLeod | Non-Executive Independent Director | Profile | |
Suzanne Wood | Non-Executive Independent Director | Profile |
Additional Tools for Relx Stock Analysis
When running Relx PLC's price analysis, check to measure Relx PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Relx PLC is operating at the current time. Most of Relx PLC's value examination focuses on studying past and present price action to predict the probability of Relx PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Relx PLC's price. Additionally, you may evaluate how the addition of Relx PLC to your portfolios can decrease your overall portfolio volatility.