SD251017C00010000 Option on SandRidge Energy

SD Stock  USD 10.14  0.08  0.78%   
SD251017C00010000 is a PUT option contract on SandRidge Energy's common stock with a strick price of 10.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 87 days remaining before the expiration. The option is currently trading at a bid price of $0.6, and an ask price of $0.85. The implied volatility as of the 22nd of July is 87.0.
When exercised, put options on SandRidge Energy produce a short position in SandRidge Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on SandRidge Energy's downside price movement.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that SandRidge Energy will have an average daily up or down price movement of about 0.0209% per day over the life of the option. With SandRidge Energy trading at USD 10.14, that is roughly USD 0.002115. If you think that the market is fully understating SandRidge Energy's daily price movement you should consider buying SandRidge Energy options at that current volatility level of 0.33%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call Option on SandRidge Energy

An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their SandRidge Energy positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on SandRidge Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract NameSD251017C00010000
Expires On2025-10-17
Days Before Expriration87
Delta0.562475
Vega0.019421
Gamma0.235337
Theoretical Value0.73
Open Interest306
Strike Price10.0
Last Traded At0.9
Current Price Spread0.6 | 0.85
Rule 16 Daily Up or DownUSD 0.002115

SandRidge short PUT Option Greeks

SandRidge Energy's Option Greeks for the contract ending on 2025-10-17 at a strike price of 10.0 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 SandRidge Energy's option greeks, its implied volatility helps estimate the risk of SandRidge Energy stock implied by the prices of the options on SandRidge Energy's stock.
Delta0.562475
Gamma0.235337
Theta-0.003628
Vega0.019421
Rho0.010373

SandRidge long PUT Option Payoff at expiration

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

SandRidge short PUT Option Payoff at expiration

By selling SandRidge Energy's put option, the investors signal their bearish sentiment. A short position in a put option written on SandRidge Energy will generally make money when the underlying price is above the strike price. Therefore SandRidge Energy's put payoff at expiration depends on where the SandRidge Stock price is relative to the put option strike price. The breakeven price of 10.73 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 SandRidge Energy's price. Finally, at the strike price of 10.0, the payoff chart is constant and positive.
   Profit   
       SandRidge Energy Price At Expiration  
View All SandRidge Energy Options

SandRidge Energy Available Call Options

SandRidge Energy's option chain is a display of a range of information that helps investors for ways to trade options on SandRidge. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for SandRidge. It also shows strike prices and maturity days for a SandRidge Energy 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
Call
SD251017C000225003922.50.0 - 0.750.75Out
Call
SD251017C000200001020.00.0 - 0.750.75Out
Call
SD251017C0001750021817.50.0 - 0.550.07Out
Call
SD251017C0001500018115.00.05 - 0.20.06Out
Call
SD251017C0001250055712.50.05 - 0.150.15Out
Call
SD251017C0001000030610.00.6 - 0.850.9In
Call
SD251017C00007500867.52.45 - 3.05.1In
Call
SD251017C0000500005.04.9 - 5.44.9In
Call
SD251017C0000250002.57.1 - 8.57.1In
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SandRidge Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade SandRidge Stock refer to our How to Trade SandRidge Stock guide.
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Is Oil & Gas Exploration & Production 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 SandRidge Energy. If investors know SandRidge 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 SandRidge Energy 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
0.167
Dividend Share
0.44
Earnings Share
1.74
Revenue Per Share
3.709
Quarterly Revenue Growth
0.407
The market value of SandRidge Energy is measured differently than its book value, which is the value of SandRidge that is recorded on the company's balance sheet. Investors also form their own opinion of SandRidge Energy's value that differs from its market value or its book value, called intrinsic value, which is SandRidge Energy'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 SandRidge Energy's market value can be influenced by many factors that don't directly affect SandRidge Energy'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 SandRidge Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if SandRidge Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SandRidge Energy'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.