SPOT251017P00480000 Option on Spotify Technology

SPOT Stock  USD 689.35  0.12  0.02%   
SPOT251017P00480000 is a PUT option contract on Spotify Technology's common stock with a strick price of 480.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 66 days remaining before the expiration. The option is currently trading at a bid price of $0.08, and an ask price of $2.48. The implied volatility as of the 12th of August 2025 is 66.0.
When exercised, put options on Spotify Technology produce a short position in Spotify Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Spotify Technology's downside price movement.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that Spotify Technology SA will have an average daily up or down price movement of about 0.0286% per day over the life of the option. With Spotify Technology trading at USD 689.35, that is roughly USD 0.2. If you think that the market is fully understating Spotify Technology's daily price movement you should consider buying Spotify Technology SA options at that current volatility level of 0.46%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Spotify Technology

An 'Out of The Money' option on Spotify has a strike price that Spotify 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 Spotify Technology's 'Out of The Money' options include buying the options if you expect a big move in Spotify Technology'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 NameSPOT251017P00480000
Expires On2025-10-17
Days Before Expriration66
Vega0.164523
Gamma4.13E-4
Theoretical Value1.28
Open Interest149
Strike Price480.0
Last Traded At1.29
Current Price Spread0.08 | 2.48
Rule 16 Daily Up or DownUSD 0.2

Spotify short PUT Option Greeks

Spotify Technology's Option Greeks for the contract ending on 2025-10-17 at a strike price of 480.0 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 Spotify Technology's option greeks, its implied volatility helps estimate the risk of Spotify Technology stock implied by the prices of the options on Spotify Technology's stock.
Delta-0.023611
Gamma4.13E-4
Theta-0.054102
Vega0.164523
Rho-0.030157

Spotify long PUT Option Payoff at expiration

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

Spotify short PUT Option Payoff at expiration

By selling Spotify Technology's put option, the investors signal their bearish sentiment. A short position in a put option written on Spotify Technology will generally make money when the underlying price is above the strike price. Therefore Spotify Technology's put payoff at expiration depends on where the Spotify Stock price is relative to the put option strike price. The breakeven price of 478.72 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 Spotify Technology's price. Finally, at the strike price of 480.0, the payoff chart is constant and positive.
   Profit   
       Spotify Technology Price At Expiration  
View All Spotify Technology Options

Spotify Technology Available Put Options

Spotify Technology's option chain is a display of a range of information that helps investors for ways to trade options on Spotify. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Spotify. It also shows strike prices and maturity days for a Spotify Technology 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
SPOT251017P0025000015250.00.0 - 4.40.58Out
 Put
SPOT251017P0026000017260.00.0 - 1.380.25Out
 Put
SPOT251017P0027000014270.00.0 - 1.590.21Out
 Put
SPOT251017P0028000012280.00.0 - 4.450.43Out
 Put
SPOT251017P0029000022290.00.0 - 4.450.28Out
 Put
SPOT251017P0030000053300.00.08 - 3.50.24Out
 Put
SPOT251017P003100002310.00.0 - 1.420.28Out
 Put
SPOT251017P003200007320.00.0 - 1.440.59Out
 Put
SPOT251017P003300002330.00.0 - 1.460.7Out
 Put
SPOT251017P003400005340.00.0 - 1.280.63Out
 Put
SPOT251017P0035000014350.00.0 - 1.311.73Out
 Put
SPOT251017P00360000126360.00.0 - 1.840.3Out
 Put
SPOT251017P003800004380.00.0 - 1.121.11Out
 Put
SPOT251017P0039000067390.00.0 - 1.370.49Out
 Put
SPOT251017P00400000176400.00.0 - 1.220.7Out
 Put
SPOT251017P0041000098410.00.0 - 1.690.62Out
 Put
SPOT251017P0042000026420.00.0 - 1.661.67Out
 Put
SPOT251017P0043000067430.00.0 - 1.462.07Out
 Put
SPOT251017P0044000043440.00.0 - 1.785.55Out
 Put
SPOT251017P0045000069450.00.0 - 2.060.95Out
 Put
SPOT251017P0046000056460.00.04 - 1.991.56Out
 Put
SPOT251017P00470000173470.00.0 - 3.051.5Out
 Put
SPOT251017P00480000149480.00.08 - 2.481.29Out
 Put
SPOT251017P00490000358490.00.75 - 3.451.69Out
 Put
SPOT251017P00500000472500.01.75 - 2.92.1Out
 Put
SPOT251017P00510000112510.02.11 - 3.42.42Out
 Put
SPOT251017P00520000269520.02.44 - 4.12.96Out
 Put
SPOT251017P0053000070530.02.5 - 4.83.09Out
 Put
SPOT251017P00540000239540.03.75 - 5.154.11Out
 Put
SPOT251017P00550000225550.02.69 - 6.75.22Out
 Put
SPOT251017P00560000154560.02.25 - 7.36.05Out
 Put
SPOT251017P00570000196570.05.25 - 8.66.93Out
 Put
SPOT251017P00580000130580.07.25 - 9.957.9Out
 Put
SPOT251017P00590000136590.08.6 - 11.110.3Out
 Put
SPOT251017P00600000322600.012.15 - 13.0512.72Out
 Put
SPOT251017P00610000289610.013.7 - 16.0514.3Out
 Put
SPOT251017P00620000196620.016.5 - 17.916.64Out
 Put
SPOT251017P00630000120630.019.4 - 22.018.48Out
 Put
SPOT251017P00640000195640.021.1 - 25.519.36Out
 Put
SPOT251017P00650000163650.025.75 - 27.6525.57Out
 Put
SPOT251017P0066000067660.027.4 - 31.3526.6Out
 Put
SPOT251017P0067000042670.033.45 - 35.033.21Out
 Put
SPOT251017P00680000117680.034.75 - 40.7533.23Out
 Put
SPOT251017P0069000057690.041.0 - 44.539.1Out
 Put
SPOT251017P0070000080700.045.55 - 49.4547.55In
 Put
SPOT251017P00710000103710.053.2 - 55.5551.1In
 Put
SPOT251017P0072000024720.057.75 - 61.7557.8In
 Put
SPOT251017P0073000029730.062.35 - 67.558.05In
 Put
SPOT251017P0074000038740.068.0 - 74.55127.0In
 Put
SPOT251017P0075000050750.075.15 - 80.880.7In
 Put
SPOT251017P007600006760.082.35 - 87.9578.4In
 Put
SPOT251017P0077000013770.089.7 - 95.45129.0In
 Put
SPOT251017P0078000019780.097.55 - 102.95108.45In
 Put
SPOT251017P0080000025800.0113.85 - 119.5110.12In
 Put
SPOT251017P0082000010820.0131.1 - 137.6114.75In
 Put
SPOT251017P008800000880.0187.0 - 193.2187.0In
 Put
SPOT251017P009000000900.0206.35 - 212.65209.75In
 Put
SPOT251017P009200000920.0226.0 - 232.9226.0In
 Put
SPOT251017P009400000940.0246.05 - 254.95180.25In
 Put
SPOT251017P009600000960.0266.0 - 272.9264.95In
 Put
SPOT251017P009800000980.0286.05 - 292.9286.05In
 Put
SPOT251017P0100000001000.0306.0 - 314.05306.0In
 Put
SPOT251017P0102000001020.0326.0 - 332.9398.13In
 Put
SPOT251017P0104000001040.0346.0 - 354.7418.15In
 Put
SPOT251017P0106000001060.0366.05 - 372.9438.85In

Spotify Technology Corporate Directors

Additional Tools for Spotify Stock Analysis

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