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 NameRELX251017P00045000
Expires On2025-10-17
Days Before Expriration86
Vega0.069702
Gamma0.025359
Theoretical Value1.23
Open Interest6
Strike Price45.0
Current Price Spread0.0 | 2.45
Rule 16 Daily Up or DownUSD 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
Gamma0.025359
Theta-0.016217
Vega0.069702
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  
View All Relx PLC Options

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 IntStrike PriceCurrent SpreadLast Price
 Put
RELX251017P00075000075.020.0 - 24.520.0In
 Put
RELX251017P00070000070.015.0 - 19.515.0In
 Put
RELX251017P00065000065.010.0 - 14.510.0In
 Put
RELX251017P00060000060.05.0 - 9.75.0In
 Put
RELX251017P00055000055.00.9 - 5.50.9In
 Put
RELX251017P00050000350.00.0 - 3.41.45Out
 Put
RELX251017P00045000645.00.0 - 2.452.45Out
 Put
RELX251017P00040000140.00.0 - 1.851.85Out
 Put
RELX251017P00035000035.00.0 - 4.84.8Out
 Put
RELX251017P00030000030.00.0 - 4.84.8Out
 Put
RELX251017P00025000525.00.0 - 4.84.8Out

Relx PLC Corporate Directors

Nicholas LuffChief Financial Officer, Executive DirectorProfile
Wolfhart HauserSenior Independent Non-Executive DirectorProfile
Robert MacLeodNon-Executive Independent DirectorProfile
Suzanne WoodNon-Executive Independent DirectorProfile

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.