SMP250815C00030000 Option on Standard Motor Products
SMP Stock | USD 29.85 0.46 1.52% |
SMP250815C00030000 is a PUT option contract on Standard's common stock with a strick price of 30.0 expiring on 2025-08-15. The contract was not traded in recent days and, as of today, has 50 days remaining before the expiration. The option is currently trading at a bid price of $1.2, and an ask price of $2.0. The implied volatility as of the 26th of June is 50.0.
When exercised, put options on Standard produce a short position in Standard Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Standard's downside price movement.
Rule 16 of 2025-08-15 Option Contract
The options market is anticipating that Standard Motor Products will have an average daily up or down price movement of about 0.0235% per day over the life of the option. With Standard trading at USD 29.85, that is roughly USD 0.007026. If you think that the market is fully understating Standard's daily price movement you should consider buying Standard Motor Products options at that current volatility level of 0.38%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Call Option on Standard
An 'Out of The Money' option on Standard has a strike price that Standard 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 Standard's 'Out of The Money' options include buying the options if you expect a big move in Standard'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.
Call Contract Name | SMP250815C00030000 |
Expires On | 2025-08-15 |
Days Before Expriration | 50 |
Delta | 0.512049 |
Vega | 0.044276 |
Gamma | 0.094525 |
Theoretical Value | 1.6 |
Open Interest | 21 |
Strike Price | 30.0 |
Last Traded At | 1.5 |
Current Price Spread | 1.2 | 2.0 |
Rule 16 Daily Up or Down | USD 0.007026 |
Standard short PUT Option Greeks
Standard's Option Greeks for the contract ending on 2025-08-15 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 Standard's option greeks, its implied volatility helps estimate the risk of Standard stock implied by the prices of the options on Standard's stock.
Delta | 0.512049 | |
Gamma | 0.094525 | |
Theta | -0.016246 | |
Vega | 0.044276 | |
Rho | 0.016854 |
Standard long PUT Option Payoff at expiration
Put options written on Standard grant holders of the option the right to sell a specified amount of Standard 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 Standard Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Standard is like buying insurance aginst Standard's downside shift.
Profit |
Standard Price At Expiration |
Standard short PUT Option Payoff at expiration
By selling Standard's put option, the investors signal their bearish sentiment. A short position in a put option written on Standard will generally make money when the underlying price is above the strike price. Therefore Standard's put payoff at expiration depends on where the Standard Stock price is relative to the put option strike price. The breakeven price of 31.6 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 Standard's price. Finally, at the strike price of 30.0, the payoff chart is constant and positive.
Profit |
Standard Price At Expiration |
Standard Motor Products Available Call Options
Standard's option chain is a display of a range of information that helps investors for ways to trade options on Standard. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Standard. It also shows strike prices and maturity days for a Standard 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 Int | Strike Price | Current Spread | Last Price | |||
Call | SMP250815C00050000 | 0 | 50.0 | 0.0 - 4.6 | 4.6 | |
Call | SMP250815C00045000 | 0 | 45.0 | 0.0 - 0.45 | 0.45 | |
Call | SMP250815C00040000 | 1 | 40.0 | 0.0 - 4.6 | 4.6 | Out |
Call | SMP250815C00035000 | 3 | 35.0 | 0.0 - 4.8 | 0.4 | Out |
Call | SMP250815C00030000 | 21 | 30.0 | 1.2 - 2.0 | 1.5 | Out |
Call | SMP250815C00025000 | 2 | 25.0 | 3.1 - 7.5 | 3.1 | In |
Call | SMP250815C00022500 | 1 | 22.5 | 5.6 - 10.0 | 5.6 | In |
Call | SMP250815C00020000 | 11 | 20.0 | 9.7 - 10.5 | 9.7 | In |
Call | SMP250815C00017500 | 0 | 17.5 | 10.5 - 15.0 | 10.5 | In |
Standard Corporate Directors
Roger Widmann | Independent Director | Profile | |
Richard Ward | Independent Director | Profile | |
Patrick McClymont | Independent Director | Profile | |
John Gethin | Director | Profile |
Additional Tools for Standard Stock Analysis
When running Standard's price analysis, check to measure Standard'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 Standard is operating at the current time. Most of Standard's value examination focuses on studying past and present price action to predict the probability of Standard's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Standard's price. Additionally, you may evaluate how the addition of Standard to your portfolios can decrease your overall portfolio volatility.