SOC251017P00017500 Option on Sable Offshore Corp
SOC Stock | 29.75 1.94 6.12% |
SOC251017P00017500 is a PUT option contract on Sable Offshore's common stock with a strick price of 17.5 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 87 days remaining before the expiration. The option is currently trading at an ask price of $0.55. The implied volatility as of the 22nd of July is 87.0.
A put option written on Sable Offshore becomes more valuable as the price of Sable Offshore drops. Conversely, Sable Offshore's put option loses its value as Sable Stock rises.
Rule 16 of 2025-10-17 Option Contract
The options market is anticipating that Sable Offshore Corp will have an average daily up or down price movement of about 0.0475% per day over the life of the option. With Sable Offshore trading at USD 29.75, that is roughly USD 0.0141. If you think that the market is fully understating Sable Offshore's daily price movement you should consider buying Sable Offshore Corp options at that current volatility level of 0.76%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on Sable Offshore
An 'Out of The Money' option on Sable has a strike price that Sable 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 Sable Offshore's 'Out of The Money' options include buying the options if you expect a big move in Sable Offshore'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 | SOC251017P00017500 |
Expires On | 2025-10-17 |
Days Before Expriration | 87 |
Vega | 0.015306 |
Gamma | 0.009453 |
Theoretical Value | 0.28 |
Open Interest | 193 |
Strike Price | 17.5 |
Last Traded At | 1.9 |
Current Price Spread | 0.0 | 0.55 |
Rule 16 Daily Up or Down | USD 0.0141 |
Sable short PUT Option Greeks
Sable Offshore's Option Greeks for the contract ending on 2025-10-17 at a strike price of 17.5 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 Sable Offshore's option greeks, its implied volatility helps estimate the risk of Sable Offshore stock implied by the prices of the options on Sable Offshore's stock.
Delta | -0.050996 | |
Gamma | 0.009453 | |
Theta | -0.006406 | |
Vega | 0.015306 | |
Rho | -0.003997 |
Sable long PUT Option Payoff at expiration
Put options written on Sable Offshore grant holders of the option the right to sell a specified amount of Sable Offshore 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 Sable Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Sable Offshore is like buying insurance aginst Sable Offshore's downside shift.
Profit |
Sable Offshore Price At Expiration |
Sable short PUT Option Payoff at expiration
By selling Sable Offshore's put option, the investors signal their bearish sentiment. A short position in a put option written on Sable Offshore will generally make money when the underlying price is above the strike price. Therefore Sable Offshore's put payoff at expiration depends on where the Sable Stock price is relative to the put option strike price. The breakeven price of 17.22 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 Sable Offshore's price. Finally, at the strike price of 17.5, the payoff chart is constant and positive.
Profit |
Sable Offshore Price At Expiration |
Sable Offshore Corp Available Put Options
Sable Offshore's option chain is a display of a range of information that helps investors for ways to trade options on Sable. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Sable. It also shows strike prices and maturity days for a Sable Offshore 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 | SOC251017P00050000 | 0 | 50.0 | 19.7 - 21.5 | 19.7 | In |
Put | SOC251017P00047500 | 0 | 47.5 | 17.3 - 19.8 | 17.3 | In |
Put | SOC251017P00045000 | 9 | 45.0 | 15.1 - 16.3 | 15.1 | In |
Put | SOC251017P00042500 | 0 | 42.5 | 13.1 - 14.1 | 13.1 | In |
Put | SOC251017P00040000 | 87 | 40.0 | 11.1 - 11.6 | 13.6 | In |
Put | SOC251017P00037500 | 14 | 37.5 | 9.0 - 9.5 | 8.5 | In |
Put | SOC251017P00035000 | 76 | 35.0 | 7.0 - 7.3 | 7.2 | In |
Put | SOC251017P00032500 | 25 | 32.5 | 5.1 - 5.6 | 5.5 | In |
Put | SOC251017P00031000 | 0 | 31.0 | 4.3 - 4.7 | 4.7 | In |
Put | SOC251017P00030000 | 56 | 30.0 | 3.5 - 4.1 | 3.9 | In |
Put | SOC251017P00029000 | 17 | 29.0 | 3.3 - 3.6 | 3.4 | Out |
Put | SOC251017P00027500 | 730 | 27.5 | 2.0 - 3.0 | 2.65 | Out |
Put | SOC251017P00026000 | 4 | 26.0 | 2.1 - 2.65 | 3.51 | Out |
Put | SOC251017P00025000 | 422 | 25.0 | 1.0 - 2.0 | 2.0 | Out |
Put | SOC251017P00024000 | 1 | 24.0 | 1.25 - 1.65 | 5.2 | Out |
Put | SOC251017P00022500 | 337 | 22.5 | 1.05 - 1.35 | 1.12 | Out |
Put | SOC251017P00020000 | 648 | 20.0 | 0.0 - 0.85 | 0.9 | Out |
Put | SOC251017P00019000 | 34 | 19.0 | 0.0 - 0.75 | 0.5 | Out |
Put | SOC251017P00017500 | 193 | 17.5 | 0.0 - 0.55 | 1.9 | Out |
Put | SOC251017P00016000 | 9 | 16.0 | 0.0 - 1.1 | 0.22 | Out |
Put | SOC251017P00015000 | 19 | 15.0 | 0.0 - 1.2 | 0.89 | Out |
Put | SOC251017P00012500 | 10 | 12.5 | 0.0 - 0.95 | 0.33 | Out |
Put | SOC251017P00010000 | 19 | 10.0 | 0.0 - 1.25 | 1.25 | Out |
Sable Offshore Corporate Executives
Elected by the shareholders, the Sable Offshore's board of directors comprises two types of representatives: Sable Offshore inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Sable. The board's role is to monitor Sable Offshore's management team and ensure that shareholders' interests are well served. Sable Offshore's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Sable Offshore's outside directors are responsible for providing unbiased perspectives on the board's policies.
Gregory Patrinely | Executive CFO | Profile | |
Doss Bourgeois | Executive COO | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sable Offshore Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Oil & Gas Exploration & Production space 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 Sable Offshore. If investors know Sable 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 Sable Offshore listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Sable Offshore Corp is measured differently than its book value, which is the value of Sable that is recorded on the company's balance sheet. Investors also form their own opinion of Sable Offshore's value that differs from its market value or its book value, called intrinsic value, which is Sable Offshore'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 Sable Offshore's market value can be influenced by many factors that don't directly affect Sable Offshore'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 Sable Offshore's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sable Offshore is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sable Offshore'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.