2024-05-17 PUT at $105.0 Option on Invesco SP 500

SPGP Etf  USD 102.28  0.77  0.76%   
2024-05-17 PUT at $105.0 is a PUT option contract on Invesco SP's common stock with a strick price of 105.0 expiring on 2024-05-17. The contract was last traded on 2024-04-04 at 14:23:05 for $1.15 and, as of today, has 11 days remaining before the expiration. The option is currently trading at a bid price of $2.6, and an ask price of $5.0. The implied volatility as of the 7th of May is 20.56.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Invesco SP 500. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in price.
A put option written on Invesco SP becomes more valuable as the price of Invesco SP drops. Conversely, Invesco SP's put option loses its value as Invesco Etf rises. When exercised, put options on Invesco SP produce a short position in Invesco Etf. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Invesco SP's downside price movement.

Rule 16 of 2024-05-17 Option Contract

The options market is anticipating that Invesco SP 500 will have an average daily up or down price movement of about 1.29% per day over the life of the option. With Invesco SP trading at USD 102.28, that is roughly USD 1.31. If you think that the market is fully understating Invesco SP's daily price movement you should consider buying Invesco SP 500 options at that current volatility level of 20.56%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Put Option on Invesco SP

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 Invesco SP 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 Invesco 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 Name2024-05-17 PUT at $105.0
Expires On2024-05-17
Days Before Expriration11
Last Traded On2024-04-04 14:23:05
Contract PeriodMONTHLY
Open Interest1
Current Trading Volume0.0
Strike Price105.0
Last Traded At1.15
Current Price Spread2.6 | 5.0
Rule 16 Daily Up or DownUSD1.31

Invesco short PUT Option Greeks

Invesco SP's Option Greeks for the contract ending on 2024-05-17 at a strike price of 105.0 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 Invesco SP's option greeks, its implied volatility helps estimate the risk of Invesco SP stock implied by the prices of the options on Invesco SP's stock.
Delta-0.8028
Gamma0.0729
Theta-0.0337
Vega0.0526
Rho-0.0192

Invesco long PUT Option Payoff at expiration

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

Invesco short PUT Option Payoff at expiration

By selling Invesco SP's put option, the investors signal their bearish sentiment. A short position in a put option written on Invesco SP will generally make money when the underlying price is above the strike price. Therefore Invesco SP's put payoff at expiration depends on where the Invesco Etf price is relative to the put option strike price. The breakeven price of 101.2 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 Invesco SP's price. Finally, at the strike price of 105.0, the payoff chart is constant and positive.
   Profit   
       Invesco SP Price At Expiration  
View All Invesco SP Options

Invesco SP 500 Available Put Options

Invesco SP's option chain is a display of a range of information that helps investors for ways to trade options on Invesco. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Invesco. It also shows strike prices and maturity days for a Invesco 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.
DeltaGammaOpen IntExpirationCurrent SpreadLast Price
 Put
2024-05-17 PUT at $101.0-0.40490.134732024-05-170.05 - 1.651.6Out
 Put
2024-05-17 PUT at $102.0-0.54360.136912024-05-170.5 - 2.21.6In
 Put
2024-05-17 PUT at $103.0-0.66410.11802024-05-170.9 - 3.20.0In
 Put
2024-05-17 PUT at $104.0-0.74710.092702024-05-171.7 - 4.10.0In
 Put
2024-05-17 PUT at $105.0-0.80280.072912024-05-172.6 - 5.01.15In
 Put
2024-05-17 PUT at $106.0-0.82570.057802024-05-173.6 - 6.00.0In
 Put
2024-05-17 PUT at $107.0-0.84260.047502024-05-174.6 - 7.00.0In
 Put
2024-05-17 PUT at $108.0-0.85560.040202024-05-175.6 - 8.00.0In
 Put
2024-05-17 PUT at $109.0-0.86590.043802024-05-176.6 - 9.00.0In
 Put
2024-05-17 PUT at $110.0-0.87520.030402024-05-177.6 - 10.00.0In

Be your own money manager

Our tools can tell you how much better you can do entering a position in Invesco SP 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.

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Already Invested in Invesco SP 500?

The danger of trading Invesco SP 500 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 Invesco SP 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 Invesco SP. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Invesco SP 500 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 Invesco SP 500 is a strong investment it is important to analyze Invesco SP's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Invesco SP's future performance. For an informed investment choice regarding Invesco Etf, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Invesco SP 500. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Invesco SP 500 information on this page should be used as a complementary analysis to other Invesco SP's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
The market value of Invesco SP 500 is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco SP's value that differs from its market value or its book value, called intrinsic value, which is Invesco 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 Invesco SP's market value can be influenced by many factors that don't directly affect Invesco 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 Invesco SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco 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.