SCS251017P00007500 Option on Steelcase

SCS Stock  USD 17.14  0.09  0.53%   
SCS251017P00007500 is a PUT option contract on Steelcase's common stock with a strick price of 7.5 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 41 days remaining before the expiration. The option is currently trading at an ask price of $0.75. The implied volatility as of the 6th of September is 41.0.
When exercised, put options on Steelcase produce a short position in Steelcase Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Steelcase's downside price movement.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that Steelcase will have an average daily up or down price movement of about 0.0% per day over the life of the option. With Steelcase trading at USD 17.14, that is roughly USD 0.0. If you think that the market is fully understating Steelcase's daily price movement you should consider buying Steelcase options at that current volatility level of 0.0%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Steelcase

An 'Out of The Money' option on Steelcase has a strike price that Steelcase 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 Steelcase's 'Out of The Money' options include buying the options if you expect a big move in Steelcase'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 NameSCS251017P00007500
Expires On2025-10-17
Days Before Expriration41
Open Interest47
Strike Price7.5
Last Traded At0.13
Current Price Spread0.0 | 0.75

Steelcase long PUT Option Payoff at expiration

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

Steelcase short PUT Option Payoff at expiration

By selling Steelcase's put option, the investors signal their bearish sentiment. A short position in a put option written on Steelcase will generally make money when the underlying price is above the strike price. Therefore Steelcase's put payoff at expiration depends on where the Steelcase Stock price is relative to the put option strike price. The breakeven price of 7.5 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 Steelcase's price. Finally, at the strike price of 7.5, the payoff chart is constant and positive.
   Profit   
       Steelcase Price At Expiration  
View All Steelcase Options

Steelcase Available Put Options

Steelcase's option chain is a display of a range of information that helps investors for ways to trade options on Steelcase. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Steelcase. It also shows strike prices and maturity days for a Steelcase 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
SCS251017P00030000030.012.7 - 13.212.7In
 Put
SCS251017P00025000025.07.6 - 8.27.6In
 Put
SCS251017P00022500022.53.7 - 5.73.7In
 Put
SCS251017P00020000920.02.9 - 3.23.4In
 Put
SCS251017P00017500117.50.0 - 1.151.42In
 Put
SCS251017P000150007815.00.05 - 0.20.15Out
 Put
SCS251017P0001250015112.50.0 - 0.050.1Out
 Put
SCS251017P000100006610.00.0 - 0.750.05Out
 Put
SCS251017P00007500477.50.0 - 0.750.13Out
 Put
SCS251017P0000500005.00.0 - 0.750.75Out

Steelcase Corporate Directors

Todd KelseyIndependent DirectorProfile
Peter WegeIndependent DirectorProfile
Catherine SchmetlerIndependent DirectorProfile
Kate WoltersIndependent DirectorProfile

Additional Tools for Steelcase Stock Analysis

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