CHKP251017P00200000 Option on Check Point Software

CHKP Stock  USD 222.64  7.16  3.32%   
CHKP251017P00200000 is a PUT option contract on Check Point's common stock with a strick price of 200.0 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 $3.4, and an ask price of $5.9. The implied volatility as of the 22nd of July is 87.0.
When exercised, put options on Check Point produce a short position in Check Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Check Point's downside price movement.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that Check Point Software will have an average daily up or down price movement of about 0.0205% per day over the life of the option. With Check Point trading at USD 222.64, that is roughly USD 0.0457. If you think that the market is fully understating Check Point's daily price movement you should consider buying Check Point Software options at that current volatility level of 0.33%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Check Point

An 'Out of The Money' option on Check has a strike price that Check Stock 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 Check Point's 'Out of The Money' options include buying the options if you expect a big move in Check Point'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 NameCHKP251017P00200000
Expires On2025-10-17
Days Before Expriration87
Vega0.316284
Gamma0.008112
Theoretical Value4.65
Open Interest21
Strike Price200.0
Last Traded At5.0
Current Price Spread3.4 | 5.9
Rule 16 Daily Up or DownUSD 0.0457

Check short PUT Option Greeks

Check Point's Option Greeks for the contract ending on 2025-10-17 at a strike price of 200.0 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 Check Point's option greeks, its implied volatility helps estimate the risk of Check Point stock implied by the prices of the options on Check Point's stock.
Delta-0.211723
Gamma0.008112
Theta-0.053636
Vega0.316284
Rho-0.109809

Check long PUT Option Payoff at expiration

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

Check short PUT Option Payoff at expiration

By selling Check Point's put option, the investors signal their bearish sentiment. A short position in a put option written on Check Point will generally make money when the underlying price is above the strike price. Therefore Check Point's put payoff at expiration depends on where the Check Stock price is relative to the put option strike price. The breakeven price of 195.35 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 Check Point's price. Finally, at the strike price of 200.0, the payoff chart is constant and positive.
   Profit   
       Check Point Price At Expiration  
View All Check Point Options

Check Point Software Available Put Options

Check Point's option chain is a display of a range of information that helps investors for ways to trade options on Check. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Check. It also shows strike prices and maturity days for a Check Point 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
CHKP251017P003400000340.0115.2 - 119.0115.2In
 Put
CHKP251017P003300000330.0105.3 - 108.8105.3In
 Put
CHKP251017P003200000320.095.2 - 99.395.2In
 Put
CHKP251017P003100000310.085.2 - 89.285.2In
 Put
CHKP251017P003000000300.075.3 - 78.775.3In
 Put
CHKP251017P002900000290.065.2 - 69.365.2In
 Put
CHKP251017P002800000280.055.2 - 58.855.2In
 Put
CHKP251017P002700000270.045.5 - 49.445.5In
 Put
CHKP251017P002600000260.036.2 - 39.636.2In
 Put
CHKP251017P002500005250.027.4 - 30.630.66In
 Put
CHKP251017P002400002240.020.2 - 22.223.5In
 Put
CHKP251017P002300001230.014.1 - 16.115.9In
 Put
CHKP251017P0022000015220.09.1 - 11.211.04Out
 Put
CHKP251017P0021000012210.05.7 - 7.24.27Out
 Put
CHKP251017P0020000021200.03.4 - 5.95.0Out
 Put
CHKP251017P0019500048195.01.2 - 4.73.08Out
 Put
CHKP251017P0019000010190.01.3 - 3.22.8Out
 Put
CHKP251017P001850007185.00.95 - 4.01.6Out
 Put
CHKP251017P001800005180.00.85 - 2.451.55Out
 Put
CHKP251017P0017500013175.00.6 - 2.01.2Out
 Put
CHKP251017P001700001170.00.05 - 2.650.05Out
 Put
CHKP251017P001650009165.00.65 - 2.850.7Out
 Put
CHKP251017P001550002155.00.0 - 2.62.6Out
 Put
CHKP251017P001500001150.00.0 - 2.52.5Out
 Put
CHKP251017P001100001110.00.0 - 2.152.15Out

Check Point Corporate Management

Additional Tools for Check Stock Analysis

When running Check Point's price analysis, check to measure Check Point'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 Check Point is operating at the current time. Most of Check Point's value examination focuses on studying past and present price action to predict the probability of Check Point's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Check Point's price. Additionally, you may evaluate how the addition of Check Point to your portfolios can decrease your overall portfolio volatility.