XOP251017P00111000 Option on SPDR SP Oil

XOP Etf  USD 126.17  3.24  2.50%   
XOP251017P00111000 is a PUT option contract on SPDR SP's common stock with a strick price of 111.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 87 days remaining before the expiration. The option is currently trading at a bid price of $1.86, and an ask price of $1.99. The implied volatility as of the 22nd of July is 87.0.
When exercised, put options on SPDR SP produce a short position in SPDR Etf. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on SPDR SP's downside price movement.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that SPDR SP Oil will have an average daily up or down price movement of about 0.0199% per day over the life of the option. With SPDR SP trading at USD 126.17, that is roughly USD 0.0251. If you think that the market is fully understating SPDR SP's daily price movement you should consider buying SPDR SP Oil options at that current volatility level of 0.32%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on SPDR SP

An 'Out of The Money' option on SPDR has a strike price that SPDR Etf 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 SPDR SP's 'Out of The Money' options include buying the options if you expect a big move in SPDR SP'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 NameXOP251017P00111000
Expires On2025-10-17
Days Before Expriration87
Vega0.156762
Gamma0.012892
Theoretical Value1.93
Open Interest620
Current Trading Volume1.0
Strike Price111.0
Last Traded At1.65
Current Price Spread1.86 | 1.99
Rule 16 Daily Up or DownUSD 0.0251

SPDR short PUT Option Greeks

SPDR SP's Option Greeks for the contract ending on 2025-10-17 at a strike price of 111.0 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 SPDR SP's option greeks, its implied volatility helps estimate the risk of SPDR SP stock implied by the prices of the options on SPDR SP's stock.
Delta-0.170156
Gamma0.012892
Theta-0.025974
Vega0.156762
Rho-0.050433

SPDR long PUT Option Payoff at expiration

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

SPDR short PUT Option Payoff at expiration

By selling SPDR SP's put option, the investors signal their bearish sentiment. A short position in a put option written on SPDR SP will generally make money when the underlying price is above the strike price. Therefore SPDR SP's put payoff at expiration depends on where the SPDR Etf price is relative to the put option strike price. The breakeven price of 109.07 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 SPDR SP's price. Finally, at the strike price of 111.0, the payoff chart is constant and positive.
   Profit   
       SPDR SP Price At Expiration  
View All SPDR SP Options

SPDR SP Oil Available Put Options

SPDR SP'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 SP 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
XOP251017P001950000195.068.3 - 69.568.3In
 Put
XOP251017P001900000190.063.3 - 64.4563.3In
 Put
XOP251017P001850000185.058.25 - 59.458.25In
 Put
XOP251017P001800000180.053.35 - 54.4553.35In
 Put
XOP251017P001750000175.048.3 - 49.4548.3In
 Put
XOP251017P001700000170.043.35 - 44.543.35In
 Put
XOP251017P001650000165.038.3 - 40.4538.3In
 Put
XOP251017P001600000160.033.3 - 34.6533.3In
 Put
XOP251017P001550000155.028.5 - 29.627.74In
 Put
XOP251017P001500000150.023.85 - 24.923.15In
 Put
XOP251017P0014500023145.019.45 - 20.2518.35In
 Put
XOP251017P001400003140.015.45 - 15.815.1In
 Put
XOP251017P001380001138.013.9 - 14.313.93In
 Put
XOP251017P001370001137.013.2 - 13.5512.83In
 Put
XOP251017P001360001136.011.9 - 14.012.13In
 Put
XOP251017P0013500058135.011.8 - 12.110.05In
 Put
XOP251017P0013400051134.010.75 - 12.110.97In
 Put
XOP251017P001330009133.010.45 - 10.78.87In
 Put
XOP251017P001320004132.09.85 - 11.08.25In
 Put
XOP251017P0013100018131.09.25 - 9.49.35In
 Put
XOP251017P0013000053130.08.65 - 8.88.75In
 Put
XOP251017P0012900033129.08.1 - 8.258.0In
 Put
XOP251017P0012800012128.07.55 - 7.75.68In
 Put
XOP251017P0012700027127.07.05 - 7.26.65In
 Put
XOP251017P001260002126.06.5 - 6.76.0Out
 Put
XOP251017P0012500034125.06.05 - 7.55.7Out
 Put
XOP251017P001240001124.05.65 - 5.85.89Out
 Put
XOP251017P0012300025123.05.2 - 5.354.15Out
 Put
XOP251017P0012200048122.04.8 - 4.954.3Out
 Put
XOP251017P00121000101121.04.45 - 4.63.5Out
 Put
XOP251017P0012000049120.04.1 - 4.253.8Out
 Put
XOP251017P0011900039119.03.8 - 3.952.72Out
 Put
XOP251017P0011800032118.03.5 - 3.62.53Out
 Put
XOP251017P00117000215117.03.2 - 3.33.22Out
 Put
XOP251017P0011600073116.02.94 - 3.052.97Out
 Put
XOP251017P00115000129115.02.69 - 2.82.5Out
 Put
XOP251017P001140009114.02.45 - 2.582.53Out
 Put
XOP251017P001130003113.02.24 - 2.371.67Out
 Put
XOP251017P0011200067112.02.03 - 2.182.96Out
 Put
XOP251017P00111000620111.01.86 - 1.991.65Out
 Put
XOP251017P00110000719110.01.69 - 1.841.68Out
 Put
XOP251017P00105000147105.01.02 - 1.181.07Out
 Put
XOP251017P001000004867100.00.62 - 0.760.66Out
 Put
XOP251017P0009500053895.00.22 - 0.920.61Out
 Put
XOP251017P000900008890.00.12 - 0.970.27Out
 Put
XOP251017P000850008785.00.0 - 2.252.25Out
 Put
XOP251017P000800005280.00.0 - 2.212.21Out
 Put
XOP251017P0007500030075.00.0 - 0.990.99Out
 Put
XOP251017P00070000503170.00.0 - 0.670.3Out
 Put
XOP251017P000650001565.00.0 - 0.740.74Out
 Put
XOP251017P00055000655.00.0 - 2.132.13Out
When determining whether SPDR SP Oil is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if SPDR Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Spdr Sp Oil Etf. Highlighted below are key reports to facilitate an investment decision about Spdr Sp Oil Etf:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in SPDR SP Oil. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons.
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The market value of SPDR SP Oil 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 SP's value that differs from its market value or its book value, called intrinsic value, which is SPDR SP'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 SP's market value can be influenced by many factors that don't directly affect SPDR SP'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 SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SP'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.