TXT250919P00037500 Option on Textron
TXT Stock | USD 84.75 0.25 0.29% |
TXT250919P00037500 is a PUT option contract on Textron's common stock with a strick price of 37.5 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 60 days remaining before the expiration. The option is currently trading at an ask price of $0.4. The implied volatility as of the 21st of July is 60.0.
When exercised, put options on Textron produce a short position in Textron Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Textron's downside price movement.
Rule 16 of 2025-09-19 Option Contract
The options market is anticipating that Textron will have an average daily up or down price movement of about 0.0629% per day over the life of the option. With Textron trading at USD 84.75, that is roughly USD 0.0533. If you think that the market is fully understating Textron's daily price movement you should consider buying Textron options at that current volatility level of 1.01%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on Textron
An 'Out of The Money' option on Textron has a strike price that Textron 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 Textron's 'Out of The Money' options include buying the options if you expect a big move in Textron'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 | TXT250919P00037500 |
Expires On | 2025-09-19 |
Days Before Expriration | 60 |
Vega | 0.012498 |
Gamma | 0.001012 |
Theoretical Value | 0.2 |
Open Interest | 2 |
Strike Price | 37.5 |
Current Price Spread | 0.0 | 0.4 |
Rule 16 Daily Up or Down | USD 0.0533 |
Textron short PUT Option Greeks
Textron's Option Greeks for the contract ending on 2025-09-19 at a strike price of 37.5 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 Textron's option greeks, its implied volatility helps estimate the risk of Textron stock implied by the prices of the options on Textron's stock.
Delta | -0.013992 | |
Gamma | 0.001012 | |
Theta | -0.009985 | |
Vega | 0.012498 | |
Rho | -0.002211 |
Textron long PUT Option Payoff at expiration
Put options written on Textron grant holders of the option the right to sell a specified amount of Textron 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 Textron Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Textron is like buying insurance aginst Textron's downside shift.
Profit |
Textron Price At Expiration |
Textron short PUT Option Payoff at expiration
By selling Textron's put option, the investors signal their bearish sentiment. A short position in a put option written on Textron will generally make money when the underlying price is above the strike price. Therefore Textron's put payoff at expiration depends on where the Textron Stock price is relative to the put option strike price. The breakeven price of 37.3 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 Textron's price. Finally, at the strike price of 37.5, the payoff chart is constant and positive.
Profit |
Textron Price At Expiration |
Textron Available Put Options
Textron's option chain is a display of a range of information that helps investors for ways to trade options on Textron. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Textron. It also shows strike prices and maturity days for a Textron 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 | TXT250919P00115000 | 0 | 115.0 | 29.3 - 30.7 | 29.3 | In |
Put | TXT250919P00110000 | 0 | 110.0 | 24.3 - 27.3 | 24.3 | In |
Put | TXT250919P00105000 | 0 | 105.0 | 19.6 - 21.5 | 19.6 | In |
Put | TXT250919P00100000 | 0 | 100.0 | 13.4 - 16.5 | 13.4 | In |
Put | TXT250919P00095000 | 0 | 95.0 | 9.9 - 10.9 | 9.9 | In |
Put | TXT250919P00092500 | 0 | 92.5 | 7.8 - 9.4 | 7.8 | In |
Put | TXT250919P00090000 | 0 | 90.0 | 5.9 - 7.6 | 5.9 | In |
Put | TXT250919P00087500 | 0 | 87.5 | 4.5 - 4.8 | 4.5 | In |
Put | TXT250919P00085000 | 49 | 85.0 | 3.0 - 3.7 | 3.3 | Out |
Put | TXT250919P00082500 | 7 | 82.5 | 1.95 - 2.4 | 2.3 | Out |
Put | TXT250919P00080000 | 35 | 80.0 | 1.25 - 1.7 | 1.6 | Out |
Put | TXT250919P00077500 | 44 | 77.5 | 0.75 - 1.1 | 1.0 | Out |
Put | TXT250919P00075000 | 63 | 75.0 | 0.6 - 0.75 | 0.75 | Out |
Put | TXT250919P00072500 | 53 | 72.5 | 0.15 - 0.7 | 1.2 | Out |
Put | TXT250919P00070000 | 233 | 70.0 | 0.1 - 0.6 | 0.35 | Out |
Put | TXT250919P00067500 | 82 | 67.5 | 0.05 - 0.9 | 0.5 | Out |
Put | TXT250919P00065000 | 201 | 65.0 | 0.0 - 0.5 | 0.97 | Out |
Put | TXT250919P00062500 | 670 | 62.5 | 0.0 - 0.7 | 0.4 | Out |
Put | TXT250919P00060000 | 40 | 60.0 | 0.0 - 0.3 | 0.35 | Out |
Put | TXT250919P00057500 | 1 | 57.5 | 0.0 - 0.5 | 0.5 | Out |
Put | TXT250919P00055000 | 556 | 55.0 | 0.0 - 0.45 | 0.5 | Out |
Put | TXT250919P00045000 | 1 | 45.0 | 0.0 - 0.4 | 0.4 | Out |
Put | TXT250919P00037500 | 2 | 37.5 | 0.0 - 0.4 | 0.4 | Out |
Textron Corporate Directors
Kathleen Bader | Independent Director | Profile | |
James Conway | Independent Director | Profile | |
Deborah James | Independent Director | Profile | |
R Clark | Lead Independent Director | Profile |
Additional Tools for Textron Stock Analysis
When running Textron's price analysis, check to measure Textron'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 Textron is operating at the current time. Most of Textron's value examination focuses on studying past and present price action to predict the probability of Textron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Textron's price. Additionally, you may evaluate how the addition of Textron to your portfolios can decrease your overall portfolio volatility.