RNST250919P00030000 Option on Renasant

RNST Stock  USD 38.46  0.34  0.88%   
RNST250919P00030000 is a PUT option contract on Renasant's common stock with a strick price of 30.0 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 $2.2. The implied volatility as of the 21st of July is 60.0.
When exercised, put options on Renasant produce a short position in Renasant Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Renasant's downside price movement.

Rule 16 of 2025-09-19 Option Contract

The options market is anticipating that Renasant will have an average daily up or down price movement of about 0.0459% per day over the life of the option. With Renasant trading at USD 38.46, that is roughly USD 0.0176. If you think that the market is fully understating Renasant's daily price movement you should consider buying Renasant options at that current volatility level of 0.73%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Renasant

An 'Out of The Money' option on Renasant has a strike price that Renasant 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 Renasant's 'Out of The Money' options include buying the options if you expect a big move in Renasant'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 NameRNST250919P00030000
Expires On2025-09-19
Days Before Expriration60
Vega0.038492
Gamma0.019623
Theoretical Value1.1
Open Interest4
Strike Price30.0
Last Traded At0.7
Current Price Spread0.0 | 2.2
Rule 16 Daily Up or DownUSD 0.0176

Renasant short PUT Option Greeks

Renasant's Option Greeks for the contract ending on 2025-09-19 at a strike price of 30.0 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 Renasant's option greeks, its implied volatility helps estimate the risk of Renasant stock implied by the prices of the options on Renasant's stock.
Delta-0.152321
Gamma0.019623
Theta-0.021628
Vega0.038492
Rho-0.011225

Renasant long PUT Option Payoff at expiration

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

Renasant short PUT Option Payoff at expiration

By selling Renasant's put option, the investors signal their bearish sentiment. A short position in a put option written on Renasant will generally make money when the underlying price is above the strike price. Therefore Renasant's put payoff at expiration depends on where the Renasant Stock price is relative to the put option strike price. The breakeven price of 28.9 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 Renasant's price. Finally, at the strike price of 30.0, the payoff chart is constant and positive.
   Profit   
       Renasant Price At Expiration  
View All Renasant Options

Renasant Available Put Options

Renasant's option chain is a display of a range of information that helps investors for ways to trade options on Renasant. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Renasant. It also shows strike prices and maturity days for a Renasant 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
RNST250919P00017500017.50.0 - 2.152.15Out
 Put
RNST250919P00020000020.00.0 - 2.152.15Out
 Put
RNST250919P00022500022.50.0 - 2.152.15Out
 Put
RNST250919P00025000025.00.0 - 2.152.15Out
 Put
RNST250919P00030000430.00.0 - 2.20.7Out
 Put
RNST250919P000350002035.00.0 - 1.81.8Out
 Put
RNST250919P000400001040.00.95 - 4.10.95In
 Put
RNST250919P00045000045.04.6 - 8.24.6In
 Put
RNST250919P00050000050.09.4 - 13.09.4In

Renasant Corporate Executives

Elected by the shareholders, the Renasant's board of directors comprises two types of representatives: Renasant inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Renasant. The board's role is to monitor Renasant's management team and ensure that shareholders' interests are well served. Renasant'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, Renasant's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kevin ChapmanCFO, Executive VP, Sr. Executive VP of Renasant Bank and CFO of Renasant BankProfile
James IVExecutive CFOProfile

Additional Tools for Renasant Stock Analysis

When running Renasant's price analysis, check to measure Renasant'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 Renasant is operating at the current time. Most of Renasant's value examination focuses on studying past and present price action to predict the probability of Renasant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renasant's price. Additionally, you may evaluate how the addition of Renasant to your portfolios can decrease your overall portfolio volatility.