SPXC250815P00170000 Option on SPX Corp

SPXC Stock  USD 174.44  3.41  1.92%   
SPXC250815P00170000 is a PUT option contract on SPX Corp's common stock with a strick price of 170.0 expiring on 2025-08-15. The contract was not traded in recent days and, as of today, has 23 days remaining before the expiration. The option is currently trading at a bid price of $3.1, and an ask price of $6.4. The implied volatility as of the 23rd of July is 23.0.
A put option written on SPX Corp becomes more valuable as the price of SPX Corp drops. Conversely, SPX Corp's put option loses its value as SPX Stock rises.

Rule 16 of 2025-08-15 Option Contract

The options market is anticipating that SPX Corp will have an average daily up or down price movement of about 0.0236% per day over the life of the option. With SPX Corp trading at USD 174.44, that is roughly USD 0.0412. If you think that the market is fully understating SPX Corp's daily price movement you should consider buying SPX Corp 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 Put Option on SPX Corp

An 'Out of The Money' option on SPX has a strike price that SPX 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 SPX Corp's 'Out of The Money' options include buying the options if you expect a big move in SPX Corp'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 NameSPXC250815P00170000
Expires On2025-08-15
Days Before Expriration23
Vega0.169981
Gamma0.022741
Theoretical Value4.75
Open Interest3
Strike Price170.0
Last Traded At9.1
Current Price Spread3.1 | 6.4
Rule 16 Daily Up or DownUSD 0.0412

SPX short PUT Option Greeks

SPX Corp's Option Greeks for the contract ending on 2025-08-15 at a strike price of 170.0 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 SPX Corp's option greeks, its implied volatility helps estimate the risk of SPX Corp stock implied by the prices of the options on SPX Corp's stock.
Delta-0.382746
Gamma0.022741
Theta-0.127694
Vega0.169981
Rho-0.040928

SPX long PUT Option Payoff at expiration

Put options written on SPX Corp grant holders of the option the right to sell a specified amount of SPX Corp 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 SPX Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on SPX Corp is like buying insurance aginst SPX Corp's downside shift.
   Profit   
       SPX Corp Price At Expiration  

SPX short PUT Option Payoff at expiration

By selling SPX Corp's put option, the investors signal their bearish sentiment. A short position in a put option written on SPX Corp will generally make money when the underlying price is above the strike price. Therefore SPX Corp's put payoff at expiration depends on where the SPX Stock price is relative to the put option strike price. The breakeven price of 165.25 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 SPX Corp's price. Finally, at the strike price of 170.0, the payoff chart is constant and positive.
   Profit   
       SPX Corp Price At Expiration  
View All SPX Corp Options

SPX Corp Available Put Options

SPX Corp's option chain is a display of a range of information that helps investors for ways to trade options on SPX. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for SPX. It also shows strike prices and maturity days for a SPX Corp 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
 Put
SPXC250919P00075000175.00.0 - 2.22.2Out
 Put
SPXC250919P00090000190.00.0 - 2.252.25Out
 Put
SPXC250919P00095000595.00.0 - 1.81.8Out
 Put
SPXC250919P001000002100.00.0 - 2.350.75Out
 Put
SPXC250919P001050003105.00.0 - 2.350.85Out
 Put
SPXC250919P001100002110.00.0 - 2.451.15Out
 Put
SPXC250919P001150002115.00.0 - 2.50.37Out
 Put
SPXC250919P001250002125.00.0 - 2.652.65Out
 Put
SPXC250919P0013000078130.00.1 - 2.80.1Out
 Put
SPXC250919P001500002150.00.6 - 3.90.6Out
 Put
SPXC250919P001650000165.02.95 - 6.32.95Out
 Put
SPXC250919P001700001170.04.9 - 8.011.2Out
 Put
SPXC250919P001750000175.06.9 - 10.36.9In
 Put
SPXC250919P001800000180.09.4 - 12.59.4In
 Put
SPXC250919P001850000185.012.6 - 15.512.6In
 Put
SPXC250919P001900000190.016.0 - 18.916.0In
 Put
SPXC250919P001950000195.020.6 - 23.320.6In
 Put
SPXC250919P002000000200.024.4 - 27.624.4In
 Put
SPXC250919P002100000210.034.0 - 37.834.0In
 Put
SPXC250919P002200000220.044.0 - 48.044.0In

SPX Corp Corporate Directors

David RobertsIndependent DirectorProfile
Ricky PuckettIndependent DirectorProfile
Robert TothIndependent DirectorProfile
Rick PuckettIndependent DirectorProfile
When determining whether SPX Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPX Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Spx Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Spx Corp Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPX 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 interest.
For information on how to trade SPX Stock refer to our How to Trade SPX Stock guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Industrial Machinery & Supplies & Components 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 SPX Corp. If investors know SPX 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 SPX Corp 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
0.042
Earnings Share
4.35
Revenue Per Share
43.184
Quarterly Revenue Growth
0.037
Return On Assets
0.0683
The market value of SPX Corp is measured differently than its book value, which is the value of SPX that is recorded on the company's balance sheet. Investors also form their own opinion of SPX Corp's value that differs from its market value or its book value, called intrinsic value, which is SPX Corp'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 SPX Corp's market value can be influenced by many factors that don't directly affect SPX Corp'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 SPX Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPX Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPX Corp'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.