SNV250919P00050000 Option on Synovus Financial Corp
SNV Stock | USD 54.38 0.00 0.00% |
SNV250919P00050000 is a PUT option contract on Synovus Financial's common stock with a strick price of 50.0 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 79 days remaining before the expiration. The option is currently trading at a bid price of $1.4, and an ask price of $1.7. The implied volatility as of the 2nd of July is 79.0.
When exercised, put options on Synovus Financial produce a short position in Synovus Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Synovus Financial's downside price movement.
Rule 16 of 2025-09-19 Option Contract
The options market is anticipating that Synovus Financial Corp will have an average daily up or down price movement of about 0.0207% per day over the life of the option. With Synovus Financial trading at USD 54.38, that is roughly USD 0.0112. If you think that the market is fully understating Synovus Financial's daily price movement you should consider buying Synovus Financial Corp 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.
Out Of The Money Put Option on Synovus Financial
An 'Out of The Money' option on Synovus has a strike price that Synovus 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 Synovus Financial's 'Out of The Money' options include buying the options if you expect a big move in Synovus Financial'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 | SNV250919P00050000 |
Expires On | 2025-09-19 |
Days Before Expriration | 79 |
Vega | 0.085151 |
Gamma | 0.040761 |
Theoretical Value | 1.6 |
Open Interest | 57 |
Current Trading Volume | 1.0 |
Strike Price | 50.0 |
Last Traded At | 1.6 |
Current Price Spread | 1.4 | 1.7 |
Rule 16 Daily Up or Down | USD 0.0112 |
Synovus short PUT Option Greeks
Synovus Financial's Option Greeks for the contract ending on 2025-09-19 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 Synovus Financial's option greeks, its implied volatility helps estimate the risk of Synovus Financial stock implied by the prices of the options on Synovus Financial's stock.
Delta | -0.284344 | |
Gamma | 0.040761 | |
Theta | -0.016931 | |
Vega | 0.085151 | |
Rho | -0.032873 |
Synovus long PUT Option Payoff at expiration
Put options written on Synovus Financial grant holders of the option the right to sell a specified amount of Synovus Financial 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 Synovus Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Synovus Financial is like buying insurance aginst Synovus Financial's downside shift.
Profit |
Synovus Financial Price At Expiration |
Synovus short PUT Option Payoff at expiration
By selling Synovus Financial's put option, the investors signal their bearish sentiment. A short position in a put option written on Synovus Financial will generally make money when the underlying price is above the strike price. Therefore Synovus Financial's put payoff at expiration depends on where the Synovus Stock price is relative to the put option strike price. The breakeven price of 48.4 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 Synovus Financial's price. Finally, at the strike price of 50.0, the payoff chart is constant and positive.
Profit |
Synovus Financial Price At Expiration |
Synovus Financial Corp Available Put Options
Synovus Financial's option chain is a display of a range of information that helps investors for ways to trade options on Synovus. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Synovus. It also shows strike prices and maturity days for a Synovus Financial 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 | |||
Put | SNV250919P00085000 | 0 | 85.0 | 29.3 - 33.3 | 29.3 | In |
Put | SNV250919P00080000 | 0 | 80.0 | 25.7 - 28.3 | 25.7 | In |
Put | SNV250919P00075000 | 0 | 75.0 | 20.5 - 22.5 | 20.5 | In |
Put | SNV250919P00070000 | 0 | 70.0 | 14.7 - 17.5 | 14.7 | In |
Put | SNV250919P00065000 | 0 | 65.0 | 10.7 - 13.0 | 10.7 | In |
Put | SNV250919P00062500 | 0 | 62.5 | 7.4 - 10.2 | 7.4 | In |
Put | SNV250919P00060000 | 9 | 60.0 | 6.6 - 6.9 | 6.6 | In |
Put | SNV250919P00057500 | 28 | 57.5 | 4.8 - 5.1 | 4.8 | In |
Put | SNV250919P00055000 | 11 | 55.0 | 3.3 - 4.2 | 3.3 | In |
Put | SNV250919P00052500 | 0 | 52.5 | 2.2 - 2.5 | 2.2 | |
Put | SNV250919P00050000 | 57 | 50.0 | 1.4 - 1.7 | 1.6 | Out |
Put | SNV250919P00045000 | 29 | 45.0 | 0.55 - 0.75 | 0.7 | Out |
Put | SNV250919P00040000 | 25 | 40.0 | 0.2 - 0.5 | 1.05 | Out |
Put | SNV250919P00035000 | 11 | 35.0 | 0.0 - 1.85 | 0.18 | Out |
Put | SNV250919P00025000 | 13 | 25.0 | 0.0 - 1.2 | 1.2 | Out |
Put | SNV250919P00020000 | 19 | 20.0 | 0.0 - 0.75 | 0.75 | Out |
Synovus Financial Corporate Directors
Harris Pastides | Independent Director | Profile | |
Tim Bentsen | Independent Director | Profile | |
Teresa White | Independent Director | Profile | |
Joseph Prochaska | Independent Director | Profile |
Additional Tools for Synovus Stock Analysis
When running Synovus Financial's price analysis, check to measure Synovus Financial'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 Synovus Financial is operating at the current time. Most of Synovus Financial's value examination focuses on studying past and present price action to predict the probability of Synovus Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synovus Financial's price. Additionally, you may evaluate how the addition of Synovus Financial to your portfolios can decrease your overall portfolio volatility.