WWW250919C00015000 Option on Wolverine World Wide

WWW Stock  USD 20.42  0.06  0.29%   
WWW250919C00015000 is a PUT option contract on Wolverine World's common stock with a strick price of 15.0 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 a bid price of $5.8, and an ask price of $6.0. The implied volatility as of the 21st of July is 60.0.
When exercised, put options on Wolverine World produce a short position in Wolverine Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Wolverine World's downside price movement.

Rule 16 of 2025-09-19 Option Contract

The options market is anticipating that Wolverine World Wide will have an average daily up or down price movement of about 0.0469% per day over the life of the option. With Wolverine World trading at USD 20.42, that is roughly USD 0.009577. If you think that the market is fully understating Wolverine World's daily price movement you should consider buying Wolverine World Wide options at that current volatility level of 0.75%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call Option on Wolverine World

An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Wolverine World positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Wolverine Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract NameWWW250919C00015000
Expires On2025-09-19
Days Before Expriration60
Delta0.875239
Vega0.016975
Gamma0.031939
Theoretical Value5.9
Open Interest382
Strike Price15.0
Last Traded At5.18
Current Price Spread5.8 | 6.0
Rule 16 Daily Up or DownUSD 0.009577

Wolverine short PUT Option Greeks

Wolverine World's Option Greeks for the contract ending on 2025-09-19 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 Wolverine World's option greeks, its implied volatility helps estimate the risk of Wolverine World stock implied by the prices of the options on Wolverine World's stock.
Delta0.875239
Gamma0.031939
Theta-0.010758
Vega0.016975
Rho0.020153

Wolverine long PUT Option Payoff at expiration

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

Wolverine short PUT Option Payoff at expiration

By selling Wolverine World's put option, the investors signal their bearish sentiment. A short position in a put option written on Wolverine World will generally make money when the underlying price is above the strike price. Therefore Wolverine World's put payoff at expiration depends on where the Wolverine Stock price is relative to the put option strike price. The breakeven price of 20.9 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 Wolverine World's price. Finally, at the strike price of 15.0, the payoff chart is constant and positive.
   Profit   
       Wolverine World Price At Expiration  
View All Wolverine World Options

Wolverine World Wide Available Call Options

Wolverine World's option chain is a display of a range of information that helps investors for ways to trade options on Wolverine. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Wolverine. It also shows strike prices and maturity days for a Wolverine World 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
Call
WWW250919C00035000235.00.0 - 0.50.5Out
Call
WWW250919C00030000030.00.0 - 0.50.5Out
Call
WWW250919C00025000625.00.4 - 0.60.4Out
Call
WWW250919C0002250018922.51.0 - 1.151.15Out
Call
WWW250919C00020000681020.02.05 - 2.252.15In
Call
WWW250919C000175006917.53.7 - 3.93.8In
Call
WWW250919C0001500038215.05.8 - 6.05.18In
Call
WWW250919C0001250082612.57.6 - 8.35.2In
Call
WWW250919C000100001410.09.8 - 11.39.8In
Call
WWW250919C0000750047.512.8 - 14.012.34In

Wolverine World Corporate Directors

Jeffrey BoromisaIndependent DirectorProfile
David KollatLead Independent DirectorProfile
Gina BoswellIndependent DirectorProfile
Michael VolkemaIndependent DirectorProfile

Additional Tools for Wolverine Stock Analysis

When running Wolverine World's price analysis, check to measure Wolverine World'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 Wolverine World is operating at the current time. Most of Wolverine World's value examination focuses on studying past and present price action to predict the probability of Wolverine World's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wolverine World's price. Additionally, you may evaluate how the addition of Wolverine World to your portfolios can decrease your overall portfolio volatility.