SPTN251017P00015000 Option on SpartanNash
SPTN Stock | USD 26.57 0.01 0.04% |
SPTN251017P00015000 is a PUT option contract on SpartanNash's common stock with a strick price of 15.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 90 days remaining before the expiration. The option is currently trading at an ask price of $0.85. The implied volatility as of the 19th of July is 90.0.
SpartanNash | Build AI portfolio with SpartanNash Stock |
A put option written on SpartanNash becomes more valuable as the price of SpartanNash drops. Conversely, SpartanNash's put option loses its value as SpartanNash Stock rises.
Rule 16 of 2025-10-17 Option Contract
The options market is anticipating that SpartanNash Co will have an average daily up or down price movement of about 0.0569% per day over the life of the option. With SpartanNash trading at USD 26.57, that is roughly USD 0.0151. If you think that the market is fully understating SpartanNash's daily price movement you should consider buying SpartanNash Co options at that current volatility level of 0.91%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on SpartanNash
An 'Out of The Money' option on SpartanNash has a strike price that SpartanNash 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 SpartanNash's 'Out of The Money' options include buying the options if you expect a big move in SpartanNash'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 | SPTN251017P00015000 |
Expires On | 2025-10-17 |
Days Before Expriration | 90 |
Vega | 0.017038 |
Gamma | 0.010763 |
Theoretical Value | 0.43 |
Open Interest | 5 |
Strike Price | 15.0 |
Last Traded At | 0.05 |
Current Price Spread | 0.0 | 0.85 |
Rule 16 Daily Up or Down | USD 0.0151 |
SpartanNash short PUT Option Greeks
SpartanNash's Option Greeks for the contract ending on 2025-10-17 at a strike price of 15.0 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 SpartanNash's option greeks, its implied volatility helps estimate the risk of SpartanNash stock implied by the prices of the options on SpartanNash's stock.
Delta | -0.066685 | |
Gamma | 0.010763 | |
Theta | -0.008513 | |
Vega | 0.017038 | |
Rho | -0.004989 |
SpartanNash long PUT Option Payoff at expiration
Put options written on SpartanNash grant holders of the option the right to sell a specified amount of SpartanNash 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 SpartanNash Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on SpartanNash is like buying insurance aginst SpartanNash's downside shift.
Profit |
SpartanNash Price At Expiration |
SpartanNash short PUT Option Payoff at expiration
By selling SpartanNash's put option, the investors signal their bearish sentiment. A short position in a put option written on SpartanNash will generally make money when the underlying price is above the strike price. Therefore SpartanNash's put payoff at expiration depends on where the SpartanNash Stock price is relative to the put option strike price. The breakeven price of 14.57 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 SpartanNash's price. Finally, at the strike price of 15.0, the payoff chart is constant and positive.
Profit |
SpartanNash Price At Expiration |
SpartanNash Available Put Options
SpartanNash's option chain is a display of a range of information that helps investors for ways to trade options on SpartanNash. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for SpartanNash. It also shows strike prices and maturity days for a SpartanNash 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 | SPTN251017P00040000 | 0 | 40.0 | 11.2 - 15.5 | 11.2 | In |
Put | SPTN251017P00035000 | 0 | 35.0 | 6.2 - 10.5 | 6.2 | In |
Put | SPTN251017P00030000 | 0 | 30.0 | 2.95 - 5.4 | 2.95 | In |
Put | SPTN251017P00025000 | 23 | 25.0 | 0.05 - 0.35 | 0.05 | Out |
Put | SPTN251017P00022500 | 0 | 22.5 | 0.0 - 0.15 | 0.15 | |
Put | SPTN251017P00020000 | 4 | 20.0 | 0.0 - 0.1 | 0.1 | Out |
Put | SPTN251017P00017500 | 22 | 17.5 | 0.0 - 0.05 | 0.05 | Out |
Put | SPTN251017P00015000 | 5 | 15.0 | 0.0 - 0.85 | 0.05 | Out |
Put | SPTN251017P00012500 | 2 | 12.5 | 0.0 - 2.1 | 0.27 | Out |
Put | SPTN251017P00010000 | 0 | 10.0 | 0.0 - 2.1 | 2.1 |
SpartanNash Corporate Management
Ileana McAlary | Chief VP | Profile | |
Adrienne Chance | Senior Foundation | Profile | |
Amy McClellan | Executive Officer | Profile | |
Bill Jacobs | Vice Development | Profile | |
Erin Storm | Senior Officer | Profile | |
David Petko | Executive Officer | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SpartanNash Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Consumer Staples Distribution & Retail 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 SpartanNash. If investors know SpartanNash 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 SpartanNash 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 (0.84) | Dividend Share 0.873 | Earnings Share (0.31) | Revenue Per Share | Quarterly Revenue Growth 0.037 |
The market value of SpartanNash is measured differently than its book value, which is the value of SpartanNash that is recorded on the company's balance sheet. Investors also form their own opinion of SpartanNash's value that differs from its market value or its book value, called intrinsic value, which is SpartanNash'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 SpartanNash's market value can be influenced by many factors that don't directly affect SpartanNash'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 SpartanNash's value and its price as these two are different measures arrived at by different means. Investors typically determine if SpartanNash is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SpartanNash'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.