SKYY251017C00122000 Option on First Trust Cloud

SKYY Etf  USD 124.06  1.19  0.97%   
SKYY251017C00122000 is a PUT option contract on First Trust's common stock with a strick price of 122.0 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 $5.0, and an ask price of $8.1. 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 Cloud will have an average daily up or down price movement of about 0.0124% per day over the life of the option. With First Trust trading at USD 124.06, that is roughly USD 0.0154. If you think that the market is fully understating First Trust's daily price movement you should consider buying First Trust Cloud options at that current volatility level of 0.2%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call Option on First Trust

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 First Trust 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 First Etf have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract NameSKYY251017C00122000
Expires On2025-10-17
Days Before Expriration85
Delta0.628463
Vega0.227664
Gamma0.031553
Theoretical Value6.55
Open Interest3
Strike Price122.0
Last Traded At7.17
Current Price Spread5.0 | 8.1
Rule 16 Daily Up or DownUSD 0.0154

First short PUT Option Greeks

First Trust's Option Greeks for the contract ending on 2025-10-17 at a strike price of 122.0 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.
Delta0.628463
Gamma0.031553
Theta-0.034852
Vega0.227664
Rho0.168282

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 128.55 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 122.0, the payoff chart is constant and positive.
   Profit   
       First Trust Price At Expiration  
View All First Trust Options

First Trust Cloud Available Call 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
Call
SKYY251017C001750000175.00.0 - 0.750.75Out
Call
SKYY251017C001700000170.00.0 - 0.750.75Out
Call
SKYY251017C001650000165.00.0 - 2.152.15Out
Call
SKYY251017C001600000160.00.0 - 2.22.2Out
Call
SKYY251017C001550000155.00.0 - 1.71.7Out
Call
SKYY251017C001500000150.00.0 - 2.252.25Out
Call
SKYY251017C001450000145.00.0 - 1.951.95Out
Call
SKYY251017C001400000140.00.0 - 2.72.7Out
Call
SKYY251017C001390000139.00.0 - 2.052.05Out
Call
SKYY251017C001380000138.00.0 - 2.152.15Out
Call
SKYY251017C001350001135.00.55 - 3.40.55Out
Call
SKYY251017C001340001134.00.55 - 3.01.1Out
Call
SKYY251017C001310002131.01.1 - 3.91.1Out
Call
SKYY251017C001300002130.01.5 - 4.01.5Out
Call
SKYY251017C00127000173127.02.8 - 5.64.6Out
Call
SKYY251017C001220003122.05.0 - 8.17.17In
Call
SKYY251017C001200002120.06.5 - 10.06.5In
Call
SKYY251017C0011500014115.010.0 - 13.29.6In
Call
SKYY251017C0011000010110.014.6 - 17.411.0In
Call
SKYY251017C001050004105.019.2 - 22.619.2In
Call
SKYY251017C001000001100.023.5 - 27.123.5In
Call
SKYY251017C00095000595.028.5 - 31.728.5In
Call
SKYY251017C00085000185.038.0 - 41.538.0In
Call
SKYY251017C00075000275.047.5 - 51.447.5In
Call
SKYY251017C00070000170.052.5 - 56.052.5In
When determining whether First Trust Cloud 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 Cloud Etf. Outlined below are crucial reports that will aid in making a well-informed decision on First Trust Cloud Etf:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in First Trust Cloud. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
The market value of First Trust Cloud 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.