GWW251017P00890000 Option on WW Grainger

GWW Stock  USD 932.44  107.10  10.30%   
GWW251017P00890000 is a PUT option contract on WW Grainger's common stock with a strick price of 890.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 75 days remaining before the expiration. The option is currently trading at a bid price of $16.6, and an ask price of $22.6. The implied volatility as of the 3rd of August is 75.0.
When exercised, put options on WW Grainger produce a short position in GWW Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on WW Grainger's downside price movement.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that WW Grainger will have an average daily up or down price movement of about 0.0148% per day over the life of the option. With WW Grainger trading at USD 932.44, that is roughly USD 0.14. If you think that the market is fully understating WW Grainger's daily price movement you should consider buying WW Grainger options at that current volatility level of 0.24%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on WW Grainger

An 'Out of The Money' option on GWW has a strike price that GWW 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 WW Grainger's 'Out of The Money' options include buying the options if you expect a big move in WW Grainger'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 NameGWW251017P00890000
Expires On2025-10-17
Days Before Expriration75
Vega0.999999
Gamma0.003455
Theoretical Value19.6
Open Interest3
Strike Price890.0
Current Price Spread16.6 | 22.6
Rule 16 Daily Up or DownUSD 0.14

GWW short PUT Option Greeks

WW Grainger's Option Greeks for the contract ending on 2025-10-17 at a strike price of 890.0 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 WW Grainger's option greeks, its implied volatility helps estimate the risk of WW Grainger stock implied by the prices of the options on WW Grainger's stock.
Delta-0.294063
Gamma0.003455
Theta-0.203159
Vega0.999999
Rho-0.529708

GWW long PUT Option Payoff at expiration

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

GWW short PUT Option Payoff at expiration

By selling WW Grainger's put option, the investors signal their bearish sentiment. A short position in a put option written on WW Grainger will generally make money when the underlying price is above the strike price. Therefore WW Grainger's put payoff at expiration depends on where the GWW Stock price is relative to the put option strike price. The breakeven price of 870.4 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 WW Grainger's price. Finally, at the strike price of 890.0, the payoff chart is constant and positive.
   Profit   
       WW Grainger Price At Expiration  
View All WW Grainger Options

WW Grainger Available Put Options

WW Grainger's option chain is a display of a range of information that helps investors for ways to trade options on GWW. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for GWW. It also shows strike prices and maturity days for a WW Grainger 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
GWW251017P0140000001400.0465.0 - 473.3465.0In
 Put
GWW251017P0138000001380.0445.0 - 453.3445.0In
 Put
GWW251017P0136000001360.0425.0 - 433.3425.0In
 Put
GWW251017P0134000001340.0405.0 - 413.4405.0In
 Put
GWW251017P0132000001320.0385.0 - 393.4385.0In
 Put
GWW251017P0130000001300.0365.0 - 373.7365.0In
 Put
GWW251017P0128000001280.0345.0 - 353.4345.0In
 Put
GWW251017P0126000001260.0325.0 - 333.8325.0In
 Put
GWW251017P0124000001240.0305.0 - 313.5305.0In
 Put
GWW251017P0122000001220.0285.0 - 293.5285.0In
 Put
GWW251017P0113000061130.0195.1 - 204.774.8In
 Put
GWW251017P01110000541110.0175.3 - 184.8177.5In
 Put
GWW251017P01100000381100.0166.2 - 173.8176.9In
 Put
GWW251017P01090000231090.0156.3 - 162.2167.0In
 Put
GWW251017P01080000321080.0146.5 - 152.961.6In
 Put
GWW251017P01070000161070.0136.7 - 143.6146.4In
 Put
GWW251017P01060000111060.0127.0 - 132.950.2In
 Put
GWW251017P0105000011050.0117.3 - 123.7101.5In
 Put
GWW251017P01040000201040.0108.0 - 115.0108.0In
 Put
GWW251017P01030000121030.099.0 - 105.631.3In
 Put
GWW251017P01020000151020.090.0 - 96.740.0In
 Put
GWW251017P01010000981010.082.0 - 88.824.8In
 Put
GWW251017P0100000051000.074.0 - 80.721.4In
 Put
GWW251017P0099000016990.066.0 - 73.427.7In
 Put
GWW251017P0098000013980.059.0 - 64.824.4In
 Put
GWW251017P0096000037960.046.0 - 53.545.3In
 Put
GWW251017P009500002950.040.3 - 45.836.5In
 Put
GWW251017P009400001940.035.3 - 40.935.3In
 Put
GWW251017P009300003930.030.0 - 38.030.0Out
 Put
GWW251017P009200002920.026.0 - 34.426.0Out
 Put
GWW251017P009100001910.022.7 - 29.822.7Out
 Put
GWW251017P009000002900.019.6 - 26.518.0Out
 Put
GWW251017P008900003890.016.6 - 22.616.6Out
 Put
GWW251017P008800005880.014.2 - 19.319.18Out
 Put
GWW251017P008600002860.09.1 - 16.09.1Out
 Put
GWW251017P008400002840.05.4 - 13.17.1Out
 Put
GWW251017P008200002820.04.0 - 10.33.4Out
 Put
GWW251017P008000002800.00.05 - 6.61.45Out
 Put
GWW251017P007800001780.00.05 - 7.60.05Out
 Put
GWW251017P007000004700.00.0 - 4.80.4Out
 Put
GWW251017P006800001680.00.0 - 4.84.8Out
 Put
GWW251017P006400001640.00.0 - 4.80.05Out

WW Grainger Corporate Directors

Brian AndersonLead Independent DirectorProfile
Michael RobertsIndependent DirectorProfile
Susan WilliamsIndependent DirectorProfile
Stuart LevenickLead Independent DirectorProfile

Additional Tools for GWW Stock Analysis

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