ESPO251219P00086000 Option on VanEck Video Gaming
ESPO Etf | USD 118.58 0.79 0.66% |
ESPO251219P00086000 is a PUT option contract on VanEck Video's common stock with a strick price of 86.0 expiring on 2025-12-19. The contract was not traded in recent days and, as of today, has 84 days remaining before the expiration. The option is currently trading at an ask price of $2.55. The implied volatility as of the 26th of September is 84.0.
A put option written on VanEck Video becomes more valuable as the price of VanEck Video drops. Conversely, VanEck Video's put option loses its value as VanEck Etf rises.
Rule 16 of 2025-12-19 Option Contract
The options market is anticipating that VanEck Video Gaming will have an average daily up or down price movement of about 0.0417% per day over the life of the option. With VanEck Video trading at USD 118.58, that is roughly USD 0.0495. If you think that the market is fully understating VanEck Video's daily price movement you should consider buying VanEck Video Gaming options at that current volatility level of 0.67%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on VanEck Video
An 'Out of The Money' option on VanEck has a strike price that VanEck 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 VanEck Video's 'Out of The Money' options include buying the options if you expect a big move in VanEck Video'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 | ESPO251219P00086000 |
Expires On | 2025-12-19 |
Days Before Expriration | 84 |
Vega | 0.11305 |
Gamma | 0.005183 |
Theoretical Value | 2.55 |
Open Interest | 1 |
Strike Price | 86.0 |
Last Traded At | 1.6 |
Current Price Spread | 0.0 | 2.55 |
Rule 16 Daily Up or Down | USD 0.0495 |
VanEck short PUT Option Greeks
VanEck Video's Option Greeks for the contract ending on 2025-12-19 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 VanEck Video's option greeks, its implied volatility helps estimate the risk of VanEck Video stock implied by the prices of the options on VanEck Video's stock.
Delta | -0.117907 | |
Gamma | 0.005183 | |
Theta | -0.042655 | |
Vega | 0.11305 | |
Rho | -0.035032 |
VanEck long PUT Option Payoff at expiration
Put options written on VanEck Video grant holders of the option the right to sell a specified amount of VanEck Video 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 VanEck Etf cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on VanEck Video is like buying insurance aginst VanEck Video's downside shift.
Profit |
VanEck Video Price At Expiration |
VanEck short PUT Option Payoff at expiration
By selling VanEck Video's put option, the investors signal their bearish sentiment. A short position in a put option written on VanEck Video will generally make money when the underlying price is above the strike price. Therefore VanEck Video's put payoff at expiration depends on where the VanEck Etf price is relative to the put option strike price. The breakeven price of 83.45 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 VanEck Video's price. Finally, at the strike price of 86.0, the payoff chart is constant and positive.
Profit |
VanEck Video Price At Expiration |
VanEck Video Gaming Available Put Options
VanEck Video's option chain is a display of a range of information that helps investors for ways to trade options on VanEck. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for VanEck. It also shows strike prices and maturity days for a VanEck Video 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 Int | Strike Price | Current Spread | Last Price | |||
Put | ESPO251219P00085000 | 1 | 85.0 | 0.0 - 2.55 | 2.3 | Out |
Put | ESPO251219P00086000 | 1 | 86.0 | 0.0 - 2.55 | 1.6 | Out |
Put | ESPO251219P00095000 | 1 | 95.0 | 0.0 - 2.8 | 2.0 | Out |
Put | ESPO251219P00096000 | 1 | 96.0 | 0.0 - 2.75 | 2.25 | Out |
Put | ESPO251219P00100000 | 3 | 100.0 | 0.0 - 2.95 | 1.48 | Out |
Put | ESPO251219P00105000 | 2 | 105.0 | 0.0 - 3.5 | 1.64 | Out |
Put | ESPO251219P00110000 | 0 | 110.0 | 0.0 - 4.0 | 4.0 | |
Put | ESPO251219P00115000 | 1 | 115.0 | 0.65 - 4.8 | 2.0 | Out |
Put | ESPO251219P00120000 | 0 | 120.0 | 2.3 - 5.8 | 2.3 | In |
Put | ESPO251219P00125000 | 0 | 125.0 | 4.9 - 9.6 | 4.9 | In |
Put | ESPO251219P00130000 | 0 | 130.0 | 9.1 - 13.6 | 9.1 | In |
Put | ESPO251219P00135000 | 0 | 135.0 | 14.0 - 18.6 | 14.0 | In |
Put | ESPO251219P00140000 | 0 | 140.0 | 19.0 - 23.6 | 19.0 | In |
Put | ESPO251219P00145000 | 0 | 145.0 | 24.0 - 28.6 | 24.0 | In |
Put | ESPO251219P00150000 | 0 | 150.0 | 29.0 - 33.6 | 29.0 | In |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in VanEck Video Gaming. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
The market value of VanEck Video Gaming is measured differently than its book value, which is the value of VanEck that is recorded on the company's balance sheet. Investors also form their own opinion of VanEck Video's value that differs from its market value or its book value, called intrinsic value, which is VanEck Video'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 VanEck Video's market value can be influenced by many factors that don't directly affect VanEck Video'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 VanEck Video's value and its price as these two are different measures arrived at by different means. Investors typically determine if VanEck Video is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VanEck Video'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.