XES250919C00086000 Option on SPDR SP Oil

XES Etf  USD 63.86  2.90  4.34%   
XES250919C00086000 is a PUT option contract on SPDR SP's common stock with a strick price of 86.0 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 48 days remaining before the expiration. The option is currently trading at an ask price of $0.75. The implied volatility as of the 2nd of August is 48.0.
When exercised, put options on SPDR SP produce a short position in SPDR Etf. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on SPDR SP's downside price movement.

Rule 16 of 2025-09-19 Option Contract

The options market is anticipating that SPDR SP Oil will have an average daily up or down price movement of about 0.0327% per day over the life of the option. With SPDR SP trading at USD 63.86, that is roughly USD 0.0209. If you think that the market is fully understating SPDR SP's daily price movement you should consider buying SPDR SP Oil options at that current volatility level of 0.52%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on SPDR SP

An 'Out of The Money' option on SPDR has a strike price that SPDR 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 SPDR SP's 'Out of The Money' options include buying the options if you expect a big move in SPDR SP'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.
Call Contract NameXES250919C00086000
Expires On2025-09-19
Days Before Expriration48
Delta0.074366
Vega0.032571
Gamma0.011597
Theoretical Value0.38
Open Interest4
Strike Price86.0
Last Traded At0.47
Current Price Spread0.0 | 0.75
Rule 16 Daily Up or DownUSD 0.0209

SPDR short PUT Option Greeks

SPDR SP's Option Greeks for the contract ending on 2025-09-19 at a strike price of 86.0 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 SPDR SP's option greeks, its implied volatility helps estimate the risk of SPDR SP stock implied by the prices of the options on SPDR SP's stock.
Delta0.074366
Gamma0.011597
Theta-0.018263
Vega0.032571
Rho0.005752

SPDR long PUT Option Payoff at expiration

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

SPDR short PUT Option Payoff at expiration

By selling SPDR SP's put option, the investors signal their bearish sentiment. A short position in a put option written on SPDR SP will generally make money when the underlying price is above the strike price. Therefore SPDR SP's put payoff at expiration depends on where the SPDR Etf price is relative to the put option strike price. The breakeven price of 86.38 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 SPDR SP's price. Finally, at the strike price of 86.0, the payoff chart is constant and positive.
   Profit   
       SPDR SP Price At Expiration  
View All SPDR SP Options

SPDR SP Oil Available Call Options

SPDR SP's option chain is a display of a range of information that helps investors for ways to trade options on SPDR. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for SPDR. It also shows strike prices and maturity days for a SPDR SP 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
Call
XES250919C001250000125.00.0 - 0.750.75Out
Call
XES250919C001200000120.00.0 - 0.750.75Out
Call
XES250919C001150002115.00.0 - 0.750.1Out
Call
XES250919C001100000110.00.0 - 0.750.75Out
Call
XES250919C001050000105.00.0 - 0.750.75Out
Call
XES250919C001000002100.00.0 - 0.750.75Out
Call
XES250919C00095000395.00.0 - 0.750.75Out
Call
XES250919C00094000094.00.0 - 0.750.75Out
Call
XES250919C00093000093.00.0 - 0.750.75Out
Call
XES250919C00092000092.00.0 - 0.750.75Out
Call
XES250919C00090000890.00.0 - 0.750.75Out
Call
XES250919C00088000588.00.0 - 0.750.75Out
Call
XES250919C00087000787.00.0 - 0.750.75Out
Call
XES250919C00086000486.00.0 - 0.750.47Out
Call
XES250919C00085000985.00.0 - 0.750.85Out
Call
XES250919C00083000683.00.0 - 0.750.5Out
Call
XES250919C000800004180.00.0 - 0.70.5Out
Call
XES250919C00078000378.00.0 - 0.650.9Out
Call
XES250919C000770004377.00.0 - 0.70.65Out
Call
XES250919C00076000176.00.0 - 0.750.48Out
Call
XES250919C000750001075.00.0 - 0.751.25Out
Call
XES250919C00070000370.01.1 - 1.751.53Out
Call
XES250919C00066000366.02.4 - 3.03.53Out
Call
XES250919C00065000165.02.85 - 3.53.0Out
Call
XES250919C00064000264.03.4 - 4.07.2Out
Call
XES250919C00063000163.03.8 - 4.53.8In
Call
XES250919C000600004860.05.6 - 6.49.4In
Call
XES250919C00055000155.09.6 - 10.213.3In
When determining whether SPDR SP Oil is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if SPDR Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Spdr Sp Oil Etf. Highlighted below are key reports to facilitate an investment decision about Spdr Sp Oil Etf:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in SPDR SP Oil. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
The market value of SPDR SP Oil is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR SP's value that differs from its market value or its book value, called intrinsic value, which is SPDR SP'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 SPDR SP's market value can be influenced by many factors that don't directly affect SPDR SP'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 SPDR SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR SP'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.