SPOT251017P00690000 Option on Spotify Technology

SPOT Stock  USD 732.81  34.31  4.91%   
SPOT251017P00690000 is a PUT option contract on Spotify Technology's common stock with a strick price of 690.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 63 days remaining before the expiration. The option is currently trading at a bid price of $25.4, and an ask price of $28.05. The implied volatility as of the 15th of August 2025 is 63.0.
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 0.0253% per day over the life of the option. With Spotify Technology trading at USD 732.81, that is roughly USD 0.19. 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 0.41%. 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 NameSPOT251017P00690000
Expires On2025-10-17
Days Before Expriration63
Vega0.999999
Gamma0.002922
Theoretical Value27.2
Open Interest62
Current Trading Volume2.0
Strike Price690.0
Last Traded At27.2
Current Price Spread25.4 | 28.05
Rule 16 Daily Up or DownUSD 0.19

Spotify short PUT Option Greeks

Spotify Technology's Option Greeks for the contract ending on 2025-10-17 at a strike price of 690.0 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-0.315259
Gamma0.002922
Theta-0.323033
Vega0.999999
Rho-0.378927

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 662.8 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 690.0, 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
SPOT251121P0104000001040.0306.45 - 311.85306.45In
 Put
SPOT251121P0102000001020.0286.5 - 292.0286.5In
 Put
SPOT251121P0100000001000.0267.45 - 272.9267.45In
 Put
SPOT251121P009800000980.0248.25 - 253.85248.25In
 Put
SPOT251121P009600000960.0229.05 - 232.95232.85In
 Put
SPOT251121P009400000940.0210.6 - 217.0288.9In
 Put
SPOT251121P009200000920.0194.05 - 199.25194.05In
 Put
SPOT251121P009000000900.0176.0 - 182.0169.65In
 Put
SPOT251121P008900000890.0168.4 - 173.8168.4In
 Put
SPOT251121P008800000880.0159.2 - 165.15159.2In
 Put
SPOT251121P008700005870.0151.65 - 157.25166.5In
 Put
SPOT251121P007800001780.088.55 - 91.9101.0In
 Put
SPOT251121P007700001770.082.35 - 86.0154.44In
 Put
SPOT251121P007600001760.076.8 - 80.05149.25In
 Put
SPOT251121P007500002750.069.3 - 75.593.3In
 Put
SPOT251121P007400002740.066.3 - 68.668.5In
 Put
SPOT251121P0073000010730.060.95 - 62.4562.5Out
 Put
SPOT251121P0072000031720.056.15 - 57.657.41Out
 Put
SPOT251121P0071000024710.049.7 - 54.2551.12Out
 Put
SPOT251121P0070000018700.047.2 - 49.047.46Out
 Put
SPOT251121P0069000064690.043.55 - 45.242.18Out
 Put
SPOT251121P0068000061680.039.6 - 41.4551.4Out
 Put
SPOT251121P0067000097670.036.0 - 37.9535.35Out
 Put
SPOT251121P0066000043660.032.45 - 36.131.35Out
 Put
SPOT251121P0065000020650.029.5 - 32.429.0Out
 Put
SPOT251121P0064000016640.026.6 - 28.325.88Out
 Put
SPOT251121P006300009630.023.75 - 26.923.29Out
 Put
SPOT251121P0062000029620.021.2 - 22.8530.05Out
 Put
SPOT251121P0061000020610.019.05 - 20.424.7Out
 Put
SPOT251121P0060000028600.016.8 - 18.215.91Out
 Put
SPOT251121P0059000038590.014.55 - 17.320.63Out
 Put
SPOT251121P0058000023580.013.05 - 14.512.92Out
 Put
SPOT251121P0057000024570.011.6 - 12.4511.94Out
 Put
SPOT251121P0056000079560.09.7 - 12.2516.93Out
 Put
SPOT251121P00550000160550.08.6 - 10.159.15Out
 Put
SPOT251121P0054000047540.07.55 - 8.857.81Out
 Put
SPOT251121P005300008530.06.15 - 8.256.6Out
 Put
SPOT251121P0052000015520.05.55 - 7.07.8Out
 Put
SPOT251121P005100005510.03.35 - 6.410.5Out
 Put
SPOT251121P0050000031500.02.79 - 5.855.93Out
 Put
SPOT251121P0049000012490.02.25 - 5.055.21Out
 Put
SPOT251121P0048000041480.02.84 - 4.254.47Out
 Put
SPOT251121P004700004470.02.37 - 3.559.09Out
 Put
SPOT251121P0046000012460.01.85 - 4.24.8Out
 Put
SPOT251121P0045000010450.01.59 - 2.692.9Out
 Put
SPOT251121P0044000030440.00.0 - 4.652.79Out
 Put
SPOT251121P004300003430.00.0 - 4.81.84Out
 Put
SPOT251121P004200009420.00.0 - 2.472.35Out
 Put
SPOT251121P004100001410.00.6 - 1.923.57Out
 Put
SPOT251121P004000002400.00.28 - 1.781.03Out
 Put
SPOT251121P0038000014380.00.0 - 2.531.16Out

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.