XSD251017P00200000 Option on SPDR SP Semiconductor

XSD Etf  USD 270.33  1.34  0.50%   
XSD251017P00200000 is a PUT option contract on SPDR SP's common stock with a strick price of 200.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 78 days remaining before the expiration. The option is currently trading at an ask price of $3.1. The implied volatility as of the 31st of July is 78.0.
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 2025-10-17 Option Contract

The options market is anticipating that SPDR SP Semiconductor will have an average daily up or down price movement of about 0.0279% per day over the life of the option. With SPDR SP trading at USD 270.33, that is roughly USD 0.0755. If you think that the market is fully understating SPDR SP's daily price movement you should consider buying SPDR SP Semiconductor options at that current volatility level of 0.45%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put 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.
Put Contract NameXSD251017P00200000
Expires On2025-10-17
Days Before Expriration78
Vega0.148255
Gamma0.002096
Theoretical Value1.55
Open Interest2
Strike Price200.0
Current Price Spread0.0 | 3.1
Rule 16 Daily Up or DownUSD 0.0755

SPDR short PUT Option Greeks

SPDR SP's Option Greeks for the contract ending on 2025-10-17 at a strike price of 200.0 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.
Delta-0.059106
Gamma0.002096
Theta-0.039518
Vega0.148255
Rho-0.035369

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 198.45 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 200.0, the payoff chart is constant and positive.
   Profit   
       SPDR SP Price At Expiration  
View All SPDR SP Options

SPDR SP Semiconductor Available Put 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
 Put
XSD251017P003550000355.084.0 - 88.084.0In
 Put
XSD251017P003500000350.079.0 - 83.079.0In
 Put
XSD251017P003450000345.074.0 - 78.074.0In
 Put
XSD251017P003400000340.069.0 - 73.069.0In
 Put
XSD251017P003350000335.064.0 - 68.064.0In
 Put
XSD251017P003300000330.059.0 - 63.059.0In
 Put
XSD251017P003250000325.054.0 - 58.154.0In
 Put
XSD251017P003200000320.049.1 - 53.149.1In
 Put
XSD251017P003150000315.044.7 - 48.844.7In
 Put
XSD251017P003100000310.040.3 - 43.740.3In
 Put
XSD251017P0026500018265.010.3 - 13.516.82Out
 Put
XSD251017P002500001250.05.5 - 8.712.15Out
 Put
XSD251017P0024000024240.03.7 - 5.35.2Out
 Put
XSD251017P002350009235.02.75 - 4.43.8Out
 Put
XSD251017P002300002230.01.55 - 4.88.5Out
 Put
XSD251017P0022500017225.01.0 - 4.75.7Out
 Put
XSD251017P002150001215.01.1 - 3.91.1Out
 Put
XSD251017P002000002200.00.0 - 3.13.1Out
 Put
XSD251017P001990002199.00.0 - 3.13.1Out
 Put
XSD251017P001900003190.00.0 - 2.752.75Out
 Put
XSD251017P001800002180.00.0 - 2.552.22Out
 Put
XSD251017P001750005175.00.0 - 2.51.95Out
 Put
XSD251017P001700002170.00.0 - 2.452.45Out
 Put
XSD251017P001600002160.00.0 - 2.352.35Out
 Put
XSD251017P001550002155.00.0 - 2.32.3Out
 Put
XSD251017P001450003145.00.0 - 2.252.25Out
 Put
XSD251017P001200001120.00.05 - 2.150.05Out
 Put
XSD251017P001000001100.00.0 - 2.152.15Out
 Put
XSD251017P00095000195.00.0 - 2.152.15Out
When determining whether SPDR SP Semiconductor is a strong investment it is important to analyze SPDR SP'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 SPDR SP's future performance. For an informed investment choice regarding SPDR Etf, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in SPDR SP Semiconductor. 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.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
The market value of SPDR SP Semiconductor 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.