FLUT260116P00280000 Option on Flutter Entertainment plc

FLUT Stock   250.49  1.37  0.54%   
FLUT260116P00280000 is a PUT option contract on Flutter Entertainment's common stock with a strick price of 280.0 expiring on 2026-01-16. 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 $33.4, and an ask price of $36.4. The implied volatility as of the 21st of October is 87.0.
When exercised, put options on Flutter Entertainment produce a short position in Flutter Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Flutter Entertainment's downside price movement.

Rule 16 of 2026-01-16 Option Contract

The options market is anticipating that Flutter Entertainment plc will have an average daily up or down price movement of about 0.0226% per day over the life of the option. With Flutter Entertainment trading at USD 250.49, that is roughly USD 0.0566. If you think that the market is fully understating Flutter Entertainment's daily price movement you should consider buying Flutter Entertainment plc options at that current volatility level of 0.36%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Put Option on Flutter Entertainment

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 Flutter Entertainment 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 Flutter 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 NameFLUT260116P00280000
Expires On2026-01-16
Days Before Expriration87
Vega0.421826
Gamma0.008048
Theoretical Value35.5
Open Interest50
Current Trading Volume4.0
Strike Price280.0
Last Traded At35.5
Current Price Spread33.4 | 36.4
Rule 16 Daily Up or DownUSD 0.0566

Flutter short PUT Option Greeks

Flutter Entertainment's Option Greeks for the contract ending on 2026-01-16 at a strike price of 280.0 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 Flutter Entertainment's option greeks, its implied volatility helps estimate the risk of Flutter Entertainment stock implied by the prices of the options on Flutter Entertainment's stock.
Delta-0.701536
Gamma0.008048
Theta-0.070728
Vega0.421826
Rho-0.334809

Flutter long PUT Option Payoff at expiration

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

Flutter short PUT Option Payoff at expiration

By selling Flutter Entertainment's put option, the investors signal their bearish sentiment. A short position in a put option written on Flutter Entertainment will generally make money when the underlying price is above the strike price. Therefore Flutter Entertainment's put payoff at expiration depends on where the Flutter Stock price is relative to the put option strike price. The breakeven price of 244.5 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 Flutter Entertainment's price. Finally, at the strike price of 280.0, the payoff chart is constant and positive.
   Profit   
       Flutter Entertainment Price At Expiration  
View All Flutter Entertainment Options

Flutter Entertainment plc Available Put Options

Flutter Entertainment's option chain is a display of a range of information that helps investors for ways to trade options on Flutter. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Flutter. It also shows strike prices and maturity days for a Flutter Entertainment 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
FLUT260116P004500000450.0197.3 - 201.4197.3In
 Put
FLUT260116P004400000440.0187.3 - 191.4187.3In
 Put
FLUT260116P004300000430.0177.3 - 181.4141.5In
 Put
FLUT260116P004200000420.0167.3 - 171.4131.5In
 Put
FLUT260116P004100000410.0157.3 - 161.4116.9In
 Put
FLUT260116P004000000400.0147.3 - 151.4141.1In
 Put
FLUT260116P003900000390.0137.3 - 141.4131.1In
 Put
FLUT260116P003800000380.0127.3 - 131.476.5In
 Put
FLUT260116P003700000370.0117.3 - 121.476.0In
 Put
FLUT260116P003600000360.0107.3 - 111.4107.3In
 Put
FLUT260116P0031000016310.058.6 - 62.028.5In
 Put
FLUT260116P0030000049300.049.7 - 53.028.5In
 Put
FLUT260116P00290000125290.041.1 - 44.520.95In
 Put
FLUT260116P0028000050280.033.4 - 36.435.5In
 Put
FLUT260116P0027000075270.027.3 - 29.628.7In
 Put
FLUT260116P00260000107260.021.3 - 22.523.2In
 Put
FLUT260116P00250000734250.016.1 - 17.317.7Out
 Put
FLUT260116P0024000067240.011.0 - 13.113.1Out
 Put
FLUT260116P0023000048230.07.9 - 10.79.6Out
 Put
FLUT260116P0022000077220.05.1 - 8.36.8Out
 Put
FLUT260116P00210000529210.03.9 - 4.84.8Out
 Put
FLUT260116P00200000274200.02.0 - 4.33.5Out
 Put
FLUT260116P00195000335195.01.1 - 4.65.2Out
 Put
FLUT260116P001900003190.00.75 - 3.52.4Out
 Put
FLUT260116P0018500013185.00.2 - 3.62.1Out
 Put
FLUT260116P001800001180.00.0 - 3.33.3Out
 Put
FLUT260116P001750002175.00.0 - 3.31.63Out
 Put
FLUT260116P001700008170.00.0 - 3.21.25Out
 Put
FLUT260116P001650004165.00.55 - 2.31.83Out
 Put
FLUT260116P0016000011160.00.25 - 2.91.48Out
 Put
FLUT260116P0015500051155.00.0 - 2.32.3Out
 Put
FLUT260116P0015000020150.00.0 - 2.12.1Out
 Put
FLUT260116P001450001145.00.0 - 2.62.6Out
 Put
FLUT260116P001400001140.00.0 - 2.52.5Out
 Put
FLUT260116P001300003130.00.0 - 2.42.4Out
 Put
FLUT260116P0012500022125.00.0 - 2.352.35Out
 Put
FLUT260116P0012000040120.00.0 - 1.60.2Out
 Put
FLUT260116P0011500028115.00.0 - 2.00.47Out

Flutter Entertainment Corporate Management

Phil BishopChief OfficerProfile
Padraig RiordainGroup OfficerProfile
Robert ColdrakeChief OfficerProfile
Paul TymmsGroup RelationsProfile
Daniel TaylorChief InternationalProfile
Fiona GildeaHead SecretaryProfile

Additional Tools for Flutter Stock Analysis

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