First Trust Stock Options
QTEC Etf | USD 178.40 0.41 0.23% |
First Trust's latest option contracts expiring on July 18th 2025 are carrying combined implied volatility of 0.3 with a put-to-call open interest ratio of 5.22 over 25 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on July 18th 2025.
Open Interest Against July 18th 2025 Option Contracts
2025-07-18
The chart above shows First Trust's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. First Trust's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for First Trust's option, there is no secondary market available for investors to trade.
In The Money vs. Out of Money Option Contracts on First Trust
Analyzing First Trust's in-the-money options over time can help investors to take a profitable long position in First Trust regardless of its overall volatility. This is especially true when First Trust's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money First Trust's options could be used as guardians of the underlying stock as they move almost dollar for dollar with First Trust's stock while costing only a fraction of its price.
First Trust's stock options are financial instruments that give investors the right to buy or sell shares of First Trust NASDAQ common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell First stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If First Trust's stock price goes up or down, the stock options follow.
First Current Options Market Mood
First Trust's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps First Etf's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.
Put-to-Call Open Interest
Put-to-Call Volume
Unfortunately, most First Trust's options investors are not very successful. First Trust's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.
Rule 16 of the current First contract
Base on the Rule 16, the options market is currently suggesting that First Trust NASDAQ 100 Technology will have an average daily up or down price movement of about 0.0188% per day over the life of the 2025-07-18 option contract. With First Trust trading at USD 178.4, that is roughly USD 0.0335. If you think that the market is fully incorporating First Trust's daily price movement you should consider buying First Trust NASDAQ 100 Technology options at the current volatility level of 0.3%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing First Trust options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" First calls. Remember, the seller must deliver First Trust NASDAQ 100 Technology stock to the call owner when a call is exercised.
First Trust Option Chain
When First Trust's strike price is surpassing the current stock price, the option contract against First Trust NASDAQ 100 Technology stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
First Trust's option chain is a display of a range of information that helps investors for ways to trade options on First. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for First. It also shows strike prices and maturity days for a First Trust 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 | |||
Call | QTEC250718C00225000 | 0 | 225.0 | 0.0 - 3.4 | 3.4 | |
Call | QTEC250718C00220000 | 0 | 220.0 | 0.0 - 3.5 | 3.5 | |
Call | QTEC250718C00215000 | 2 | 215.0 | 0.0 - 3.7 | 3.5 | Out |
Call | QTEC250718C00210000 | 4 | 210.0 | 0.15 - 3.9 | 4.4 | Out |
Call | QTEC250718C00205000 | 1 | 205.0 | 0.25 - 4.3 | 3.65 | Out |
Call | QTEC250718C00200000 | 0 | 200.0 | 0.3 - 4.8 | 2.28 | |
Call | QTEC250718C00199000 | 0 | 199.0 | 0.3 - 4.8 | 10.1 | |
Call | QTEC250718C00198000 | 0 | 198.0 | 0.5 - 4.8 | 0.5 | |
Call | QTEC250718C00197000 | 0 | 197.0 | 0.5 - 4.8 | 0.5 | |
Call | QTEC250718C00196000 | 0 | 196.0 | 1.0 - 4.8 | 1.0 | |
Call | QTEC250718C00190000 | 1 | 190.0 | 3.0 - 6.4 | 1.6 | Out |
Call | QTEC250718C00182000 | 1 | 182.0 | 6.5 - 11.0 | 24.3 | Out |
Put | QTEC250718P00225000 | 0 | 225.0 | 45.7 - 50.2 | 45.7 | In |
Put | QTEC250718P00220000 | 0 | 220.0 | 40.7 - 45.2 | 40.7 | In |
Put | QTEC250718P00215000 | 0 | 215.0 | 34.6 - 39.5 | 34.6 | In |
Put | QTEC250718P00210000 | 0 | 210.0 | 30.0 - 35.0 | 30.0 | In |
Put | QTEC250718P00205000 | 0 | 205.0 | 25.1 - 30.0 | 25.1 | In |
Put | QTEC250718P00200000 | 15 | 200.0 | 21.9 - 25.5 | 30.42 | In |
Put | QTEC250718P00199000 | 0 | 199.0 | 20.0 - 25.0 | 20.0 | In |
Put | QTEC250718P00198000 | 0 | 198.0 | 19.5 - 24.0 | 19.5 | In |
Put | QTEC250718P00197000 | 0 | 197.0 | 19.2 - 23.5 | 19.2 | In |
Put | QTEC250718P00196000 | 0 | 196.0 | 18.9 - 22.5 | 18.9 | In |
Put | QTEC250718P00190000 | 5 | 190.0 | 15.0 - 18.5 | 12.0 | In |
Put | QTEC250718P00185000 | 2 | 185.0 | 12.0 - 15.5 | 9.0 | In |
Put | QTEC250718P00175000 | 25 | 175.0 | 6.4 - 12.0 | 21.1 | Out |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in First Trust NASDAQ 100 Technology. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
The market value of First Trust NASDAQ is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Trust's value that differs from its market value or its book value, called intrinsic value, which is First Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Trust's market value can be influenced by many factors that don't directly affect First Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.