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 NameSMP250815C00030000
Expires On2025-08-15
Days Before Expriration50
Delta0.512049
Vega0.044276
Gamma0.094525
Theoretical Value1.6
Open Interest21
Strike Price30.0
Last Traded At1.5
Current Price Spread1.2 | 2.0
Rule 16 Daily Up or DownUSD 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.
Delta0.512049
Gamma0.094525
Theta-0.016246
Vega0.044276
Rho0.016854

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  
View All Standard Options

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 IntStrike PriceCurrent SpreadLast Price
Call
SMP250815C00050000050.00.0 - 4.64.6Out
Call
SMP250815C00045000045.00.0 - 0.450.45Out
Call
SMP250815C00040000140.00.0 - 4.64.6Out
Call
SMP250815C00035000335.00.0 - 4.80.4Out
Call
SMP250815C000300002130.01.2 - 2.01.5Out
Call
SMP250815C00025000225.03.1 - 7.53.1In
Call
SMP250815C00022500122.55.6 - 10.05.6In
Call
SMP250815C000200001120.09.7 - 10.59.7In
Call
SMP250815C00017500017.510.5 - 15.010.5In

Standard Corporate Directors

Roger WidmannIndependent DirectorProfile
Richard WardIndependent DirectorProfile
Patrick McClymontIndependent DirectorProfile
John GethinDirectorProfile

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.