SMST250919P00004000 Option on Defiance Daily Target

SMST Etf   26.10  4.00  18.10%   
SMST250919P00004000 is a PUT option contract on Defiance Daily's common stock with a strick price of 4.0 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 47 days remaining before the expiration. The option is currently trading at an ask price of $0.0. The implied volatility as of the 3rd of August is 47.0.
When exercised, put options on Defiance Daily produce a short position in Defiance Etf. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Defiance Daily's downside price movement.

Rule 16 of 2025-09-19 Option Contract

The options market is anticipating that Defiance Daily Target will have an average daily up or down price movement of about 0.0% per day over the life of the option. With Defiance Daily trading at USD 26.1, that is roughly USD 0.0. If you think that the market is fully understating Defiance Daily's daily price movement you should consider buying Defiance Daily Target 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 Defiance Daily

An 'Out of The Money' option on Defiance has a strike price that Defiance Etf 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 Defiance Daily's 'Out of The Money' options include buying the options if you expect a big move in Defiance Daily'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 NameSMST250919P00004000
Expires On2025-09-19
Days Before Expriration47
Open Interest280
Strike Price4.0
Current Price Spread0.0 | 0.0

Defiance long PUT Option Payoff at expiration

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

Defiance short PUT Option Payoff at expiration

By selling Defiance Daily's put option, the investors signal their bearish sentiment. A short position in a put option written on Defiance Daily will generally make money when the underlying price is above the strike price. Therefore Defiance Daily's put payoff at expiration depends on where the Defiance Etf price is relative to the put option strike price. The breakeven price of 4.0 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 Defiance Daily's price. Finally, at the strike price of 4.0, the payoff chart is constant and positive.
   Profit   
       Defiance Daily Price At Expiration  
View All Defiance Daily Options

Defiance Daily Target Available Put Options

Defiance Daily's option chain is a display of a range of information that helps investors for ways to trade options on Defiance. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Defiance. It also shows strike prices and maturity days for a Defiance Daily 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
SMST250919P00045000045.019.7 - 21.919.7In
 Put
SMST250919P00044000044.018.7 - 20.918.7In
 Put
SMST250919P00043000043.017.8 - 20.017.8In
 Put
SMST250919P00042000042.016.8 - 19.016.8In
 Put
SMST250919P00041000041.015.9 - 18.115.9In
 Put
SMST250919P00040000040.014.9 - 17.114.9In
 Put
SMST250919P00039000039.014.6 - 15.414.6In
 Put
SMST250919P00038000038.013.8 - 14.413.8In
 Put
SMST250919P00037000037.012.6 - 13.512.6In
 Put
SMST250919P00036000036.011.6 - 12.611.6In
 Put
SMST250919P00035000235.011.1 - 11.716.65In
 Put
SMST250919P00030000230.06.9 - 7.69.5In
 Put
SMST250919P00029000629.06.3 - 6.96.85In
 Put
SMST250919P00028000528.05.6 - 7.111.0In
 Put
SMST250919P000260001126.03.6 - 4.89.7Out
 Put
SMST250919P000250003425.02.95 - 4.25.7Out
 Put
SMST250919P00024000524.02.3 - 3.65.05Out
 Put
SMST250919P00023000423.02.55 - 3.15.3Out
 Put
SMST250919P00022000322.02.1 - 2.553.8Out
 Put
SMST250919P00021000721.01.65 - 2.152.8Out
 Put
SMST250919P00020000820.00.35 - 2.03.13Out
 Put
SMST250919P000190001519.00.95 - 1.452.2Out
 Put
SMST250919P00018000618.00.0 - 1.21.44Out
 Put
SMST250919P000170001517.00.0 - 1.051.3Out
 Put
SMST250919P00016000616.00.0 - 1.71.2Out
 Put
SMST250919P00015000815.00.0 - 1.51.56Out
 Put
SMST250919P0001200023812.00.0 - 0.950.21Out
 Put
SMST250919P000110001011.00.0 - 0.00.0Out
 Put
SMST250919P00009000119.00.0 - 0.00.0Out
 Put
SMST250919P00008000238.00.0 - 0.00.0Out
 Put
SMST250919P000070001367.00.0 - 0.00.0Out
 Put
SMST250919P000060002566.00.0 - 0.00.0Out
 Put
SMST250919P000050002245.00.0 - 0.00.0Out
 Put
SMST250919P000040002804.00.0 - 0.00.0Out
 Put
SMST250919P0000300014313.00.0 - 0.00.0Out
 Put
SMST250919P000020003732.00.0 - 0.01.0Out
 Put
SMST250919P0000100010421.00.0 - 0.00.26Out
When determining whether Defiance Daily Target is a strong investment it is important to analyze Defiance Daily's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Defiance Daily's future performance. For an informed investment choice regarding Defiance Etf, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Defiance Daily Target. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state.
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The market value of Defiance Daily Target is measured differently than its book value, which is the value of Defiance that is recorded on the company's balance sheet. Investors also form their own opinion of Defiance Daily's value that differs from its market value or its book value, called intrinsic value, which is Defiance Daily'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 Defiance Daily's market value can be influenced by many factors that don't directly affect Defiance Daily'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 Defiance Daily's value and its price as these two are different measures arrived at by different means. Investors typically determine if Defiance Daily is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Defiance Daily'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.