WWW250919P00005000 Option on Wolverine World Wide

WWW Stock  USD 20.88  0.46  2.25%   
WWW250919P00005000 is a PUT option contract on Wolverine World's common stock with a strick price of 5.0 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 an ask price of $0.45. 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 0.14% per day over the life of the option. With Wolverine World trading at USD 20.88, that is roughly USD 0.0289. 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 2.22%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Wolverine World

An 'Out of The Money' option on Wolverine has a strike price that Wolverine 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 Wolverine World's 'Out of The Money' options include buying the options if you expect a big move in Wolverine World'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 NameWWW250919P00005000
Expires On2025-09-19
Days Before Expriration60
Vega0.004516
Gamma0.002878
Theoretical Value0.23
Open Interest8
Strike Price5.0
Current Price Spread0.0 | 0.45
Rule 16 Daily Up or DownUSD 0.0289

Wolverine short PUT Option Greeks

Wolverine World's Option Greeks for the contract ending on 2025-09-19 at a strike price of 5.0 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.
Delta-0.022595
Gamma0.002878
Theta-0.008017
Vega0.004516
Rho-0.001076

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 4.77 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 5.0, the payoff chart is constant and positive.
   Profit   
       Wolverine World Price At Expiration  
View All Wolverine World Options

Wolverine World Wide Available Put 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
 Put
WWW250919P00035000035.014.2 - 15.214.2In
 Put
WWW250919P00030000030.08.9 - 10.38.9In
 Put
WWW250919P00025000425.04.8 - 5.58.48In
 Put
WWW250919P00022500022.52.95 - 3.12.95In
 Put
WWW250919P000200002920.01.5 - 1.651.6Out
 Put
WWW250919P0001750040417.50.65 - 0.81.03Out
 Put
WWW250919P0001500031015.00.25 - 0.40.43Out
 Put
WWW250919P0001250015512.50.0 - 0.450.55Out
 Put
WWW250919P0001000026310.00.0 - 0.50.5Out
 Put
WWW250919P00007500367.50.0 - 0.050.06Out
 Put
WWW250919P0000500085.00.0 - 0.450.45Out

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.