SKT250919C00029000 Option on Tanger Factory Outlet

SKT Stock  USD 29.52  0.50  1.67%   
SKT250919C00029000 is a PUT option contract on Tanger Factory's common stock with a strick price of 29.0 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 46 days remaining before the expiration. The option is currently trading at a bid price of $0.9, and an ask price of $2.55. The implied volatility as of the 4th of August is 46.0.
When exercised, put options on Tanger Factory produce a short position in Tanger Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Tanger Factory's downside price movement.

Rule 16 of 2025-09-19 Option Contract

The options market is anticipating that Tanger Factory Outlet will have an average daily up or down price movement of about 0.0214% per day over the life of the option. With Tanger Factory trading at USD 29.52, that is roughly USD 0.006317. If you think that the market is fully understating Tanger Factory's daily price movement you should consider buying Tanger Factory Outlet options at that current volatility level of 0.34%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call Option on Tanger Factory

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 Tanger Factory 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 Tanger 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 NameSKT250919C00029000
Expires On2025-09-19
Days Before Expriration46
Delta0.580681
Vega0.041595
Gamma0.106062
Theoretical Value1.73
Open Interest6
Strike Price29.0
Last Traded At2.0
Current Price Spread0.9 | 2.55
Rule 16 Daily Up or DownUSD 0.006317

Tanger short PUT Option Greeks

Tanger Factory's Option Greeks for the contract ending on 2025-09-19 at a strike price of 29.0 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 Tanger Factory's option greeks, its implied volatility helps estimate the risk of Tanger Factory stock implied by the prices of the options on Tanger Factory's stock.
Delta0.580681
Gamma0.106062
Theta-0.014872
Vega0.041595
Rho0.018563

Tanger long PUT Option Payoff at expiration

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

Tanger short PUT Option Payoff at expiration

By selling Tanger Factory's put option, the investors signal their bearish sentiment. A short position in a put option written on Tanger Factory will generally make money when the underlying price is above the strike price. Therefore Tanger Factory's put payoff at expiration depends on where the Tanger Stock price is relative to the put option strike price. The breakeven price of 30.73 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 Tanger Factory's price. Finally, at the strike price of 29.0, the payoff chart is constant and positive.
   Profit   
       Tanger Factory Price At Expiration  
View All Tanger Factory Options

Tanger Factory Outlet Available Call Options

Tanger Factory's option chain is a display of a range of information that helps investors for ways to trade options on Tanger. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Tanger. It also shows strike prices and maturity days for a Tanger Factory 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
SKT250919C000450001845.00.0 - 1.350.05Out
Call
SKT250919C00043000243.00.0 - 0.750.75Out
Call
SKT250919C00042000042.00.0 - 1.351.35Out
Call
SKT250919C000410001041.00.0 - 1.251.25Out
Call
SKT250919C0004000012640.00.0 - 1.350.1Out
Call
SKT250919C00039000739.00.0 - 1.351.35Out
Call
SKT250919C000380003038.00.0 - 1.350.1Out
Call
SKT250919C0003700018837.00.0 - 0.80.8Out
Call
SKT250919C000360003436.00.0 - 1.30.05Out
Call
SKT250919C00035000121235.00.05 - 0.20.15Out
Call
SKT250919C0003400080334.00.0 - 0.20.15Out
Call
SKT250919C000330006533.00.0 - 0.30.53Out
Call
SKT250919C0003200013032.00.0 - 0.550.78Out
Call
SKT250919C000310002731.00.0 - 0.851.71Out
Call
SKT250919C000300001230.00.95 - 1.31.98Out
Call
SKT250919C00029000629.00.9 - 2.552.0In
Call
SKT250919C00028000328.01.95 - 2.63.5In
Call
SKT250919C000270002127.02.95 - 3.43.7In
Call
SKT250919C00026000126.03.7 - 4.33.7In

Tanger Factory Corporate Directors

Sandeep MathraniIndependent DirectorProfile
Jeffrey CitrinIndependent DirectorProfile
Thomas ReddinIndependent DirectorProfile
Luis UbinasIndependent DirectorProfile

Additional Tools for Tanger Stock Analysis

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