2024-05-17 PUT at $50.0 Option on SL Green Realty
| SLG Stock | USD 51.47 0.64 1.23% |
2024-05-17 PUT at $50.0 is a PUT option contract on SL Green's common stock with a strick price of 50.0 expiring on 2024-05-17. The contract was last traded on 2024-05-03 at 15:56:42 for $1.1 and, as of today, has 12 days remaining before the expiration. The option is currently trading at a bid price of $0.95, and an ask price of $1.1. The implied volatility as of the 5th of May is 46.08.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SL Green Realty. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
SLG |
A put option written on SL Green becomes more valuable as the price of SL Green drops. Conversely, SL Green's put option loses its value as SLG Stock rises. When exercised, put options on SL Green produce a short position in SLG Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on SL Green's downside price movement.
Rule 16 of 2024-05-17 Option Contract
The options market is anticipating that SL Green Realty will have an average daily up or down price movement of about 2.88% per day over the life of the option. With SL Green trading at USD 51.47, that is roughly USD 1.48. If you think that the market is fully understating SL Green's daily price movement you should consider buying SL Green Realty options at that current volatility level of 46.08%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on SL Green
An 'Out of The Money' option on SLG has a strike price that SLG 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 SL Green's 'Out of The Money' options include buying the options if you expect a big move in SL Green'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 | 2024-05-17 PUT at $50.0 |
| Expires On | 2024-05-17 |
| Days Before Expriration | 12 |
| Last Traded On | 2024-05-03 15:56:42 |
| Contract Period | MONTHLY |
| Open Interest | 2113 |
| Current Trading Volume | 10.0 |
| Strike Price | 50.0 |
| Last Traded At | 1.1 |
| Current Price Spread | 0.95 | 1.1 |
| Rule 16 Daily Up or Down | USD1.48 |
SLG short PUT Option Greeks
SL Green's Option Greeks for the contract ending on 2024-05-17 at a strike price of 50.0 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 SL Green's option greeks, its implied volatility helps estimate the risk of SL Green stock implied by the prices of the options on SL Green's stock.
| Delta | -0.3486 | |
| Gamma | 0.0827 | |
| Theta | -0.062 | |
| Vega | 0.0359 | |
| Rho | -0.006 |
SLG long PUT Option Payoff at expiration
Put options written on SL Green grant holders of the option the right to sell a specified amount of SL Green 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 SLG Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on SL Green is like buying insurance aginst SL Green's downside shift.
Profit |
| SL Green Price At Expiration |
SLG short PUT Option Payoff at expiration
By selling SL Green's put option, the investors signal their bearish sentiment. A short position in a put option written on SL Green will generally make money when the underlying price is above the strike price. Therefore SL Green's put payoff at expiration depends on where the SLG Stock price is relative to the put option strike price. The breakeven price of 48.9 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 SL Green's price. Finally, at the strike price of 50.0, the payoff chart is constant and positive.
Profit |
| SL Green Price At Expiration |
SL Green Realty Available Put Options
SL Green's option chain is a display of a range of information that helps investors for ways to trade options on SLG. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for SLG. It also shows strike prices and maturity days for a SL Green 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.
| Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Put | 2024-05-17 PUT at $37.5 | -0.0082 | 0.0032 | 447 | 2024-05-17 | 0.0 - 0.05 | 0.02 | Out |
Put | 2024-05-17 PUT at $40.0 | -0.0199 | 0.0074 | 671 | 2024-05-17 | 0.05 - 0.1 | 0.05 | Out |
Put | 2024-05-17 PUT at $42.5 | -0.0375 | 0.0142 | 1286 | 2024-05-17 | 0.05 - 0.15 | 0.09 | Out |
Put | 2024-05-17 PUT at $45.0 | -0.0763 | 0.0284 | 2562 | 2024-05-17 | 0.1 - 0.25 | 0.18 | Out |
Put | 2024-05-17 PUT at $47.5 | -0.1796 | 0.0545 | 2354 | 2024-05-17 | 0.4 - 0.5 | 0.49 | Out |
Put | 2024-05-17 PUT at $50.0 | -0.3486 | 0.0827 | 2113 | 2024-05-17 | 0.95 - 1.1 | 1.1 | Out |
Put | 2024-05-17 PUT at $52.5 | -0.5745 | 0.0926 | 452 | 2024-05-17 | 2.1 - 2.3 | 2.24 | In |
Put | 2024-05-17 PUT at $55.0 | -0.66 | 0.0524 | 233 | 2024-05-17 | 3.9 - 6.0 | 4.2 | In |
Put | 2024-05-17 PUT at $57.5 | -0.7423 | 0.0415 | 22 | 2024-05-17 | 5.9 - 8.3 | 4.0 | In |
Put | 2024-05-17 PUT at $60.0 | -0.6957 | 0.0283 | 43 | 2024-05-17 | 7.7 - 10.6 | 8.1 | In |
Put | 2024-05-17 PUT at $62.5 | -0.8326 | 0.0267 | 2 | 2024-05-17 | 10.3 - 13.2 | 10.7 | In |
Put | 2024-05-17 PUT at $65.0 | -0.8948 | 0.0204 | 0 | 2024-05-17 | 12.7 - 15.1 | 20.5 | In |
Put | 2024-05-17 PUT at $70.0 | -0.9024 | 0.0154 | 0 | 2024-05-17 | 17.4 - 20.5 | 0.0 | In |
Put | 2024-05-17 PUT at $75.0 | -0.9336 | 0.0108 | 0 | 2024-05-17 | 21.7 - 23.8 | 0.0 | In |
Put | 2024-05-17 PUT at $80.0 | -0.8499 | 0.0126 | 0 | 2024-05-17 | 26.6 - 29.7 | 0.0 | In |
Be your own money manager
Our tools can tell you how much better you can do entering a position in SL Green without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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SL Green Corporate Directors
SL Green corporate directors refer to members of a SL Green board of directors. The board of directors generally takes responsibility for the SL Green's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of SL Green's board members must vote for the resolution. The SL Green board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| John Alschuler | Lead Independent Director | Profile | |
| Edwin Burton | Independent Director | Profile | |
| Lauren Dillard | Independent Director | Profile | |
| Craig Hatkoff | Independent Director | Profile |
Already Invested in SL Green Realty?
The danger of trading SL Green Realty is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of SL Green is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than SL Green. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SL Green Realty is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether SL Green Realty is a strong investment it is important to analyze SL Green's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SL Green's future performance. For an informed investment choice regarding SLG Stock, refer to the following important reports: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SL Green Realty. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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When running SL Green's price analysis, check to measure SL Green'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 SL Green is operating at the current time. Most of SL Green's value examination focuses on studying past and present price action to predict the probability of SL Green's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SL Green's price. Additionally, you may evaluate how the addition of SL Green to your portfolios can decrease your overall portfolio volatility.
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Is SL Green's industry 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 SL Green. If investors know SLG 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 SL Green 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 (0.98) | Dividend Share 3.166 | Earnings Share (8.29) | Revenue Per Share 12.622 | Quarterly Revenue Growth (0.01) |
The market value of SL Green Realty is measured differently than its book value, which is the value of SLG that is recorded on the company's balance sheet. Investors also form their own opinion of SL Green's value that differs from its market value or its book value, called intrinsic value, which is SL Green'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 SL Green's market value can be influenced by many factors that don't directly affect SL Green'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 SL Green's value and its price as these two are different measures arrived at by different means. Investors typically determine if SL Green is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SL Green'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.