2024-05-17 PUT at $54.0 Option on PIMCO 15 Year
| LTPZ Etf | USD 52.52 0.27 0.52% |
2024-05-17 PUT at $54.0 is a PUT option contract on PIMCO 15's common stock with a strick price of 54.0 expiring on 2024-05-17. The contract was last traded on 2024-03-19 at 10:53:52 for $1.12 and, as of today, has 15 days remaining before the expiration. The option is currently trading at a bid price of $1.5, and an ask price of $1.7. The implied volatility as of the 3rd of May is 16.18.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in PIMCO 15 Year. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
PIMCO |
A put option written on PIMCO 15 becomes more valuable as the price of PIMCO 15 drops. Conversely, PIMCO 15's put option loses its value as PIMCO Etf rises. When exercised, put options on PIMCO 15 produce a short position in PIMCO Etf. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on PIMCO 15's downside price movement.
Rule 16 of 2024-05-17 Option Contract
The options market is anticipating that PIMCO 15 Year will have an average daily up or down price movement of about 1.01% per day over the life of the option. With PIMCO 15 trading at USD 52.52, that is roughly USD 0.53. If you think that the market is fully understating PIMCO 15's daily price movement you should consider buying PIMCO 15 Year options at that current volatility level of 16.18%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Put Option on PIMCO 15
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 PIMCO 15 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 PIMCO Etf have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
| Put Contract Name | 2024-05-17 PUT at $54.0 |
| Expires On | 2024-05-17 |
| Days Before Expriration | 15 |
| Last Traded On | 2024-03-19 10:53:52 |
| Contract Period | MONTHLY |
| Open Interest | 105 |
| Current Trading Volume | 0.0 |
| Strike Price | 54.0 |
| Last Traded At | 1.12 |
| Current Price Spread | 1.5 | 1.7 |
| Rule 16 Daily Up or Down | USD0.53 |
PIMCO short PUT Option Greeks
PIMCO 15's Option Greeks for the contract ending on 2024-05-17 at a strike price of 54.0 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 PIMCO 15's option greeks, its implied volatility helps estimate the risk of PIMCO 15 stock implied by the prices of the options on PIMCO 15's stock.
| Delta | -0.8095 | |
| Gamma | 0.17 | |
| Theta | -0.0124 | |
| Vega | 0.0274 | |
| Rho | -0.0096 |
PIMCO long PUT Option Payoff at expiration
Put options written on PIMCO 15 grant holders of the option the right to sell a specified amount of PIMCO 15 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 PIMCO Etf cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on PIMCO 15 is like buying insurance aginst PIMCO 15's downside shift.
Profit |
| PIMCO 15 Price At Expiration |
PIMCO short PUT Option Payoff at expiration
By selling PIMCO 15's put option, the investors signal their bearish sentiment. A short position in a put option written on PIMCO 15 will generally make money when the underlying price is above the strike price. Therefore PIMCO 15's put payoff at expiration depends on where the PIMCO Etf price is relative to the put option strike price. The breakeven price of 52.4 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 PIMCO 15's price. Finally, at the strike price of 54.0, the payoff chart is constant and positive.
Profit |
| PIMCO 15 Price At Expiration |
PIMCO 15 Year Available Put Options
PIMCO 15's option chain is a display of a range of information that helps investors for ways to trade options on PIMCO. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for PIMCO. It also shows strike prices and maturity days for a PIMCO 15 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.
| Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Put | 2024-05-17 PUT at $54.0 | -0.8095 | 0.17 | 105 | 2024-05-17 | 1.5 - 1.7 | 1.12 | In |
Put | 2024-05-17 PUT at $55.0 | -0.9057 | 0.092 | 0 | 2024-05-17 | 2.4 - 2.65 | 0.0 | In |
Put | 2024-05-17 PUT at $56.0 | -0.9055 | 0.2267 | 0 | 2024-05-17 | 3.4 - 3.7 | 0.0 | In |
Put | 2024-05-17 PUT at $57.0 | -0.9192 | 0.0676 | 0 | 2024-05-17 | 4.4 - 4.7 | 0.0 | In |
Put | 2024-05-17 PUT at $58.0 | -0.9284 | 0.0393 | 0 | 2024-05-17 | 5.4 - 5.7 | 0.0 | In |
Put | 2024-05-17 PUT at $59.0 | -0.9647 | 0.0229 | 0 | 2024-05-17 | 6.4 - 6.6 | 0.0 | In |
Put | 2024-05-17 PUT at $60.0 | -0.9708 | 0.0173 | 0 | 2024-05-17 | 7.4 - 7.6 | 0.0 | In |
Put | 2024-05-17 PUT at $61.0 | -0.9731 | 0.0147 | 0 | 2024-05-17 | 8.4 - 8.6 | 0.0 | In |
Put | 2024-05-17 PUT at $62.0 | -0.9748 | 0.0419 | 0 | 2024-05-17 | 9.4 - 9.6 | 0.0 | In |
Put | 2024-05-17 PUT at $63.0 | -0.9762 | 0.0678 | 0 | 2024-05-17 | 10.4 - 10.6 | 0.0 | In |
Put | 2024-05-17 PUT at $64.0 | -0.9773 | 0.0225 | 0 | 2024-05-17 | 11.4 - 11.6 | 0.0 | In |
Put | 2024-05-17 PUT at $65.0 | -0.9784 | 0.0092 | 0 | 2024-05-17 | 12.4 - 12.6 | 0.0 | In |
Put | 2024-05-17 PUT at $66.0 | -0.9793 | 0.0083 | 0 | 2024-05-17 | 13.4 - 13.6 | 0.0 | In |
Put | 2024-05-17 PUT at $67.0 | -0.9802 | 0.0076 | 0 | 2024-05-17 | 14.4 - 14.6 | 0.0 | In |
Put | 2024-05-17 PUT at $68.0 | -0.9809 | 0.007 | 0 | 2024-05-17 | 15.4 - 15.6 | 0.0 | In |
Be your own money manager
Our tools can tell you how much better you can do entering a position in PIMCO 15 without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Already Invested in PIMCO 15 Year?
The danger of trading PIMCO 15 Year is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of PIMCO 15 is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than PIMCO 15. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile PIMCO 15 Year is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether PIMCO 15 Year offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PIMCO 15's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Pimco 15 Year Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Pimco 15 Year Etf: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in PIMCO 15 Year. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
The market value of PIMCO 15 Year is measured differently than its book value, which is the value of PIMCO that is recorded on the company's balance sheet. Investors also form their own opinion of PIMCO 15's value that differs from its market value or its book value, called intrinsic value, which is PIMCO 15'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 PIMCO 15's market value can be influenced by many factors that don't directly affect PIMCO 15'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 PIMCO 15's value and its price as these two are different measures arrived at by different means. Investors typically determine if PIMCO 15 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PIMCO 15'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.