NTAP251017C00090000 Option on NetApp Inc

NTAP Stock  USD 104.13  0.57  0.54%   
NTAP251017C00090000 is a PUT option contract on NetApp's common stock with a strick price of 90.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 78 days remaining before the expiration. The option is currently trading at a bid price of $16.5, and an ask price of $17.6. The implied volatility as of the 31st of July is 78.0.
When exercised, put options on NetApp produce a short position in NetApp Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on NetApp's downside price movement.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that NetApp Inc will have an average daily up or down price movement of about 0.0247% per day over the life of the option. With NetApp trading at USD 104.13, that is roughly USD 0.0258. If you think that the market is fully understating NetApp's daily price movement you should consider buying NetApp Inc options at that current volatility level of 0.4%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call Option on NetApp

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 NetApp 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 NetApp Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract NameNTAP251017C00090000
Expires On2025-10-17
Days Before Expriration78
Delta0.823407
Vega0.124155
Gamma0.013222
Theoretical Value17.05
Open Interest2
Strike Price90.0
Last Traded At19.4
Current Price Spread16.5 | 17.6
Rule 16 Daily Up or DownUSD 0.0258

NetApp short PUT Option Greeks

NetApp's Option Greeks for the contract ending on 2025-10-17 at a strike price of 90.0 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 NetApp's option greeks, its implied volatility helps estimate the risk of NetApp stock implied by the prices of the options on NetApp's stock.
Delta0.823407
Gamma0.013222
Theta-0.034734
Vega0.124155
Rho0.149692

NetApp long PUT Option Payoff at expiration

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

NetApp short PUT Option Payoff at expiration

By selling NetApp's put option, the investors signal their bearish sentiment. A short position in a put option written on NetApp will generally make money when the underlying price is above the strike price. Therefore NetApp's put payoff at expiration depends on where the NetApp Stock price is relative to the put option strike price. The breakeven price of 107.05 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 NetApp's price. Finally, at the strike price of 90.0, the payoff chart is constant and positive.
   Profit   
       NetApp Price At Expiration  
View All NetApp Options

NetApp Inc Available Call Options

NetApp's option chain is a display of a range of information that helps investors for ways to trade options on NetApp. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for NetApp. It also shows strike prices and maturity days for a NetApp 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
Call
NTAP251017C001500000150.00.0 - 2.12.1Out
Call
NTAP251017C001450000145.00.0 - 0.450.45Out
Call
NTAP251017C001400000140.00.0 - 1.01.0Out
Call
NTAP251017C001350000135.00.0 - 0.80.8Out
Call
NTAP251017C001300000130.00.35 - 0.650.35Out
Call
NTAP251017C0012500088125.00.7 - 1.01.25Out
Call
NTAP251017C0012000054120.01.35 - 1.71.64Out
Call
NTAP251017C0011500023115.02.25 - 2.83.65Out
Call
NTAP251017C0011000028110.04.0 - 4.45.1Out
Call
NTAP251017C0010500044105.06.2 - 6.77.1Out
Call
NTAP251017C001000002100.09.2 - 9.79.5In
Call
NTAP251017C00090000290.016.5 - 17.619.4In
Call
NTAP251017C00080000280.025.5 - 26.425.8In

NetApp Corporate Management

Elizabeth JDInterim VPProfile
Daniel LorenzoController VPProfile
Puneet GuptaManaging ServicesProfile
Gus ShahinExecutive OperationsProfile
Alessandra YockelsonExecutive CHROProfile
Andrew SotiropoulosSenior PacificProfile

Additional Tools for NetApp Stock Analysis

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