2024-10-18 PUT at $45.0 Option on Webster Financial
WBS Stock | USD 47.43 0.60 1.25% |
2024-10-18 PUT at $45.0 is a PUT option contract on Webster Financial's common stock with a strick price of 45.0 expiring on 2024-10-18. The contract was last traded on 2024-09-19 at 12:30:45 for $0.8 and, as of today, has 24 days remaining before the expiration. The option is currently trading at a bid price of $0.5, and an ask price of $0.85. The implied volatility as of the 24th of September is 33.64.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Webster Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more information on how to buy Webster Stock please use our How to Invest in Webster Financial guide.
Webster |
A put option written on Webster Financial becomes more valuable as the price of Webster Financial drops. Conversely, Webster Financial's put option loses its value as Webster Stock rises. When exercised, put options on Webster Financial produce a short position in Webster Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Webster Financial's downside price movement.
Rule 16 of 2024-10-18 Option Contract
The options market is anticipating that Webster Financial will have an average daily up or down price movement of about 2.1% per day over the life of the option. With Webster Financial trading at USD 47.43, that is roughly USD 1.0. If you think that the market is fully understating Webster Financial's daily price movement you should consider buying Webster Financial options at that current volatility level of 33.64%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on Webster Financial
An 'Out of The Money' option on Webster has a strike price that Webster 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 Webster Financial's 'Out of The Money' options include buying the options if you expect a big move in Webster Financial'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 Name | 2024-10-18 PUT at $45.0 |
Expires On | 2024-10-18 |
Days Before Expriration | 24 |
Last Traded On | 2024-09-19 12:30:45 |
Contract Period | MONTHLY |
Open Interest | 130 |
Current Trading Volume | 0.0 |
Strike Price | 45.0 |
Last Traded At | 0.8 |
Current Price Spread | 0.5 | 0.85 |
Rule 16 Daily Up or Down | USD1.0 |
Webster short PUT Option Greeks
Webster Financial's Option Greeks for the contract ending on 2024-10-18 at a strike price of 45.0 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 Webster Financial's option greeks, its implied volatility helps estimate the risk of Webster Financial stock implied by the prices of the options on Webster Financial's stock.
Delta | -0.2568 | |
Gamma | 0.0772 | |
Theta | -0.0264 | |
Vega | 0.04 | |
Rho | -0.0079 |
Webster long PUT Option Payoff at expiration
Put options written on Webster Financial grant holders of the option the right to sell a specified amount of Webster Financial 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 Webster Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Webster Financial is like buying insurance aginst Webster Financial's downside shift.
Profit |
Webster Financial Price At Expiration |
Webster short PUT Option Payoff at expiration
By selling Webster Financial's put option, the investors signal their bearish sentiment. A short position in a put option written on Webster Financial will generally make money when the underlying price is above the strike price. Therefore Webster Financial's put payoff at expiration depends on where the Webster Stock price is relative to the put option strike price. The breakeven price of 44.32 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 Webster Financial's price. Finally, at the strike price of 45.0, the payoff chart is constant and positive.
Profit |
Webster Financial Price At Expiration |
Webster Financial Available Put Options
Webster Financial's option chain is a display of a range of information that helps investors for ways to trade options on Webster. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Webster. It also shows strike prices and maturity days for a Webster Financial 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.
Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Put | 2024-10-18 PUT at $35.0 | -0.0398 | 0.0099 | 187 | 2024-10-18 | 0.05 - 0.15 | 0.15 | Out |
Put | 2024-10-18 PUT at $45.0 | -0.2568 | 0.0772 | 130 | 2024-10-18 | 0.5 - 0.85 | 0.8 | Out |
Put | 2024-10-18 PUT at $50.0 | -0.8338 | 0.1008 | 115 | 2024-10-18 | 2.5 - 3.4 | 2.75 | In |
Put | 2024-10-18 PUT at $55.0 | -0.9201 | 0.031 | 0 | 2024-10-18 | 5.4 - 10.0 | 0.0 | In |
Put | 2024-10-18 PUT at $60.0 | -0.7038 | 0.0219 | 0 | 2024-10-18 | 10.1 - 15.0 | 0.0 | In |
Put | 2024-10-18 PUT at $65.0 | -0.978 | 0.0071 | 0 | 2024-10-18 | 15.2 - 20.0 | 0.0 | In |
Put | 2024-10-18 PUT at $70.0 | -0.7977 | 0.0157 | 0 | 2024-10-18 | 20.0 - 24.2 | 0.0 | In |
Webster Financial Corporate Directors
Mark Pettie | Independent Director | Profile | |
Emlen CFA | Director Relations | Profile | |
Laurence Morse | Independent Director | Profile | |
William Whiston | Independent Director | Profile |
Additional Tools for Webster Stock Analysis
When running Webster Financial's price analysis, check to measure Webster Financial'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 Webster Financial is operating at the current time. Most of Webster Financial's value examination focuses on studying past and present price action to predict the probability of Webster Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Webster Financial's price. Additionally, you may evaluate how the addition of Webster Financial to your portfolios can decrease your overall portfolio volatility.