SPDR Morgan Stock Options
| XNTK Etf | USD 241.51 1.24 0.52% |
SPDR Morgan's latest option contracts expiring on September 19th 2025 are carrying combined implied volatility of 0.26 with a put-to-call open interest ratio of 3.5 over 20 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on September 19th 2025.
Open Interest Against September 19th 2025 Option Contracts
2025-09-19
The chart above shows SPDR Morgan's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. SPDR Morgan's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for SPDR Morgan's option, there is no secondary market available for investors to trade.
SPDR Morgan Maximum Pain Price Across 2025-09-19 Option Contracts
SPDR Morgan's max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.
In The Money vs. Out of Money Option Contracts on SPDR Morgan
Analyzing SPDR Morgan's in-the-money options over time can help investors to take a profitable long position in SPDR Morgan regardless of its overall volatility. This is especially true when SPDR Morgan's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money SPDR Morgan's options could be used as guardians of the underlying stock as they move almost dollar for dollar with SPDR Morgan's stock while costing only a fraction of its price.
SPDR Morgan Stanley In The Money Call Balance
When SPDR Morgan's strike price is surpassing the current stock price, the option contract against SPDR Morgan Stanley stock is said to be in the money. When it comes to buying SPDR Morgan's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on SPDR Morgan Stanley are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.
SPDR Current Options Market Mood
SPDR Morgan's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps SPDR Etf's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.
Put-to-Call Open Interest
Put-to-Call Volume
Unfortunately, most SPDR Morgan's options investors are not very successful. SPDR Morgan's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.
Rule 16 of the current SPDR contract
Base on the Rule 16, the options market is currently suggesting that SPDR Morgan Stanley will have an average daily up or down price movement of about 0.0163% per day over the life of the 2025-09-19 option contract. With SPDR Morgan trading at USD 241.51, that is roughly USD 0.0392. If you think that the market is fully incorporating SPDR Morgan's daily price movement you should consider buying SPDR Morgan Stanley options at the current volatility level of 0.26%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing SPDR Morgan options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" SPDR calls. Remember, the seller must deliver SPDR Morgan Stanley stock to the call owner when a call is exercised.
SPDR Morgan Option Chain
When SPDR Morgan's strike price is surpassing the current stock price, the option contract against SPDR Morgan Stanley stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
SPDR Morgan's option chain is a display of a range of information that helps investors for ways to trade options on SPDR. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for SPDR. It also shows strike prices and maturity days for a SPDR Morgan 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 | |||
Call | XNTK250919C00250000 | 0 | 250.0 | 2.5 - 6.8 | 2.5 | |
Call | XNTK250919C00245000 | 0 | 245.0 | 4.6 - 8.9 | 4.6 | |
Call | XNTK250919C00240000 | 0 | 240.0 | 7.1 - 11.5 | 7.1 | |
Call | XNTK250919C00235000 | 0 | 235.0 | 10.2 - 14.5 | 10.2 | In |
Call | XNTK250919C00230000 | 0 | 230.0 | 13.9 - 18.0 | 13.9 | In |
Call | XNTK250919C00225000 | 0 | 225.0 | 17.6 - 21.8 | 17.6 | In |
Call | XNTK250919C00220000 | 1 | 220.0 | 21.6 - 25.9 | 21.6 | In |
Call | XNTK250919C00215000 | 1 | 215.0 | 25.9 - 30.0 | 25.9 | In |
Call | XNTK250919C00210000 | 0 | 210.0 | 30.4 - 34.4 | 30.4 | In |
Call | XNTK250919C00205000 | 0 | 205.0 | 34.9 - 39.0 | 34.9 | In |
Put | XNTK250919P00250000 | 2 | 250.0 | 12.4 - 16.6 | 15.5 | In |
Put | XNTK250919P00245000 | 0 | 245.0 | 9.3 - 13.6 | 9.3 | In |
Put | XNTK250919P00240000 | 0 | 240.0 | 6.9 - 11.2 | 6.9 | |
Put | XNTK250919P00235000 | 0 | 235.0 | 5.0 - 9.4 | 5.0 | |
Put | XNTK250919P00230000 | 0 | 230.0 | 3.5 - 7.9 | 3.5 | |
Put | XNTK250919P00225000 | 0 | 225.0 | 2.4 - 6.7 | 2.4 | |
Put | XNTK250919P00220000 | 2 | 220.0 | 1.5 - 5.0 | 1.5 | Out |
Put | XNTK250919P00215000 | 1 | 215.0 | 0.75 - 5.0 | 10.7 | Out |
Put | XNTK250919P00210000 | 2 | 210.0 | 0.2 - 4.5 | 0.2 | Out |
Put | XNTK250919P00205000 | 0 | 205.0 | 0.0 - 4.1 | 4.1 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in SPDR Morgan Stanley. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
The market value of SPDR Morgan Stanley is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR Morgan's value that differs from its market value or its book value, called intrinsic value, which is SPDR Morgan'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 SPDR Morgan's market value can be influenced by many factors that don't directly affect SPDR Morgan'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 SPDR Morgan's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Morgan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Morgan'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.