SKT250919P00027000 Option on Tanger Factory Outlet

SKT Stock  USD 30.47  0.95  3.22%   
SKT250919P00027000 is a PUT option contract on Tanger Factory's common stock with a strick price of 27.0 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 $0.25, and an ask price of $0.45. 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 0.0198% per day over the life of the option. With Tanger Factory trading at USD 30.47, that is roughly USD 0.006031. 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 0.32%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Tanger Factory

An 'Out of The Money' option on Tanger has a strike price that Tanger 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 Tanger Factory's 'Out of The Money' options include buying the options if you expect a big move in Tanger Factory'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 NameSKT250919P00027000
Expires On2025-09-19
Days Before Expriration46
Vega0.029896
Gamma0.082427
Theoretical Value0.4
Open Interest40
Current Trading Volume1.0
Strike Price27.0
Last Traded At0.4
Current Price Spread0.25 | 0.45
Rule 16 Daily Up or DownUSD 0.006031

Tanger short PUT Option Greeks

Tanger Factory's Option Greeks for the contract ending on 2025-09-19 at a strike price of 27.0 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.
Delta-0.199766
Gamma0.082427
Theta-0.00975
Vega0.029896
Rho-0.007537

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 26.6 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 27.0, the payoff chart is constant and positive.
   Profit   
       Tanger Factory Price At Expiration  
View All Tanger Factory Options

Tanger Factory Outlet Available Put 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
 Put
SKT250919P00045000045.014.7 - 16.314.7In
 Put
SKT250919P00043000043.012.9 - 14.612.9In
 Put
SKT250919P00042000042.011.9 - 13.111.9In
 Put
SKT250919P00041000041.010.8 - 12.610.8In
 Put
SKT250919P00040000040.010.0 - 11.310.0In
 Put
SKT250919P00039000039.09.0 - 10.49.0In
 Put
SKT250919P00038000038.07.9 - 9.47.9In
 Put
SKT250919P00037000037.06.8 - 8.46.8In
 Put
SKT250919P00036000036.05.8 - 7.35.8In
 Put
SKT250919P00035000035.05.0 - 6.43.65In
 Put
SKT250919P000340002434.03.8 - 5.14.11In
 Put
SKT250919P00033000833.03.0 - 4.23.6In
 Put
SKT250919P000320002832.02.4 - 3.01.4In
 Put
SKT250919P000310001931.01.65 - 2.22.03In
 Put
SKT250919P0003000042030.01.2 - 1.50.6In
 Put
SKT250919P0002900087329.00.0 - 1.750.6Out
 Put
SKT250919P0002800072028.00.5 - 1.20.47Out
 Put
SKT250919P000270004027.00.25 - 0.450.4Out
 Put
SKT250919P00026000926.00.0 - 0.350.28Out
 Put
SKT250919P000250006225.00.1 - 0.250.47Out
 Put
SKT250919P00024000124.00.05 - 0.250.13Out
 Put
SKT250919P000230001023.00.0 - 1.40.1Out
 Put
SKT250919P0002000017420.00.0 - 1.350.1Out

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.