BOOT250919P00190000 Option on Boot Barn Holdings
BOOT Stock | USD 171.90 4.92 2.78% |
BOOT250919P00190000 is a PUT option contract on Boot Barn's common stock with a strick price of 190.0 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 49 days remaining before the expiration. The option is currently trading at a bid price of $23.6, and an ask price of $26.4. The implied volatility as of the 1st of August is 49.0.
When exercised, put options on Boot Barn produce a short position in Boot Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Boot Barn's downside price movement.
Rule 16 of 2025-09-19 Option Contract
The options market is anticipating that Boot Barn Holdings will have an average daily up or down price movement of about 0.0349% per day over the life of the option. With Boot Barn trading at USD 171.9, that is roughly USD 0.06. If you think that the market is fully understating Boot Barn's daily price movement you should consider buying Boot Barn Holdings options at that current volatility level of 0.56%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Put Option on Boot Barn
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 Boot Barn 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 Boot Stock 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 | BOOT250919P00190000 |
Expires On | 2025-09-19 |
Days Before Expriration | 49 |
Vega | 0.236594 |
Gamma | 0.010629 |
Theoretical Value | 25.0 |
Open Interest | 2 |
Strike Price | 190.0 |
Last Traded At | 21.3 |
Current Price Spread | 23.6 | 26.4 |
Rule 16 Daily Up or Down | USD 0.06 |
Boot short PUT Option Greeks
Boot Barn's Option Greeks for the contract ending on 2025-09-19 at a strike price of 190.0 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 Boot Barn's option greeks, its implied volatility helps estimate the risk of Boot Barn stock implied by the prices of the options on Boot Barn's stock.
Delta | -0.643356 | |
Gamma | 0.010629 | |
Theta | -0.119864 | |
Vega | 0.236594 | |
Rho | -0.140501 |
Boot long PUT Option Payoff at expiration
Put options written on Boot Barn grant holders of the option the right to sell a specified amount of Boot Barn 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 Boot Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Boot Barn is like buying insurance aginst Boot Barn's downside shift.
Profit |
Boot Barn Price At Expiration |
Boot short PUT Option Payoff at expiration
By selling Boot Barn's put option, the investors signal their bearish sentiment. A short position in a put option written on Boot Barn will generally make money when the underlying price is above the strike price. Therefore Boot Barn's put payoff at expiration depends on where the Boot Stock price is relative to the put option strike price. The breakeven price of 165.0 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 Boot Barn's price. Finally, at the strike price of 190.0, the payoff chart is constant and positive.
Profit |
Boot Barn Price At Expiration |
Boot Barn Holdings Available Put Options
Boot Barn's option chain is a display of a range of information that helps investors for ways to trade options on Boot. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Boot. It also shows strike prices and maturity days for a Boot Barn 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 | |||
Put | BOOT250919P00260000 | 0 | 260.0 | 86.1 - 91.0 | 86.1 | In |
Put | BOOT250919P00250000 | 0 | 250.0 | 77.5 - 81.0 | 77.5 | In |
Put | BOOT250919P00240000 | 0 | 240.0 | 67.5 - 71.0 | 67.5 | In |
Put | BOOT250919P00230000 | 0 | 230.0 | 57.9 - 61.5 | 57.9 | In |
Put | BOOT250919P00220000 | 0 | 220.0 | 48.6 - 52.2 | 48.6 | In |
Put | BOOT250919P00210000 | 0 | 210.0 | 39.6 - 42.7 | 39.6 | In |
Put | BOOT250919P00200000 | 0 | 200.0 | 31.1 - 34.1 | 31.1 | In |
Put | BOOT250919P00195000 | 0 | 195.0 | 26.0 - 30.8 | 26.0 | In |
Put | BOOT250919P00190000 | 2 | 190.0 | 23.6 - 26.4 | 21.3 | In |
Put | BOOT250919P00185000 | 6 | 185.0 | 20.6 - 22.9 | 20.9 | In |
Put | BOOT250919P00180000 | 7 | 180.0 | 17.2 - 19.7 | 16.9 | In |
Put | BOOT250919P00175000 | 4 | 175.0 | 14.3 - 16.8 | 16.0 | In |
Put | BOOT250919P00170000 | 1 | 170.0 | 11.5 - 14.0 | 13.3 | Out |
Put | BOOT250919P00165000 | 6 | 165.0 | 9.3 - 11.8 | 9.8 | Out |
Put | BOOT250919P00160000 | 1 | 160.0 | 7.2 - 10.1 | 7.57 | Out |
Put | BOOT250919P00155000 | 25 | 155.0 | 5.7 - 7.8 | 6.58 | Out |
Put | BOOT250919P00150000 | 5 | 150.0 | 3.9 - 6.3 | 4.68 | Out |
Put | BOOT250919P00145000 | 1 | 145.0 | 3.0 - 5.0 | 4.2 | Out |
Put | BOOT250919P00135000 | 1 | 135.0 | 1.65 - 4.0 | 3.0 | Out |
Boot Barn Corporate Directors
Christopher Bruzzo | Independent Director | Profile | |
Anne MacDonald | Independent Director | Profile | |
Brenda Morris | Independent Director | Profile | |
Lisa Laube | Independent Director | Profile |
Additional Tools for Boot Stock Analysis
When running Boot Barn's price analysis, check to measure Boot Barn'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 Boot Barn is operating at the current time. Most of Boot Barn's value examination focuses on studying past and present price action to predict the probability of Boot Barn's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boot Barn's price. Additionally, you may evaluate how the addition of Boot Barn to your portfolios can decrease your overall portfolio volatility.