MT251121P00029000 Option on ArcelorMittal SA ADR

MT Stock  USD 34.75  0.30  0.86%   
MT251121P00029000 is a PUT option contract on ArcelorMittal's common stock with a strick price of 29.0 expiring on 2025-11-21. The contract was not traded in recent days and, as of today, has 70 days remaining before the expiration. The option is currently trading at a bid price of $0.35, and an ask price of $0.45. The implied volatility as of the 12th of September 2025 is 70.0.
When exercised, put options on ArcelorMittal produce a short position in ArcelorMittal Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on ArcelorMittal's downside price movement.

Rule 16 of 2025-11-21 Option Contract

The options market is anticipating that ArcelorMittal SA ADR will have an average daily up or down price movement of about 0.0252% per day over the life of the option. With ArcelorMittal trading at USD 34.75, that is roughly USD 0.008757. If you think that the market is fully understating ArcelorMittal's daily price movement you should consider buying ArcelorMittal SA ADR options at that current volatility level of 0.4%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on ArcelorMittal

An 'Out of The Money' option on ArcelorMittal has a strike price that ArcelorMittal 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 ArcelorMittal's 'Out of The Money' options include buying the options if you expect a big move in ArcelorMittal'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 NameMT251121P00029000
Expires On2025-11-21
Days Before Expriration70
Vega0.030959
Gamma0.032168
Theoretical Value0.4
Open Interest472
Strike Price29.0
Last Traded At0.47
Current Price Spread0.35 | 0.45
Rule 16 Daily Up or DownUSD 0.008757

ArcelorMittal short PUT Option Greeks

ArcelorMittal's Option Greeks for the contract ending on 2025-11-21 at a strike price of 29.0 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 ArcelorMittal's option greeks, its implied volatility helps estimate the risk of ArcelorMittal stock implied by the prices of the options on ArcelorMittal's stock.
Delta-0.120423
Gamma0.032168
Theta-0.00858
Vega0.030959
Rho-0.008227

ArcelorMittal long PUT Option Payoff at expiration

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

ArcelorMittal short PUT Option Payoff at expiration

By selling ArcelorMittal's put option, the investors signal their bearish sentiment. A short position in a put option written on ArcelorMittal will generally make money when the underlying price is above the strike price. Therefore ArcelorMittal's put payoff at expiration depends on where the ArcelorMittal Stock price is relative to the put option strike price. The breakeven price of 28.6 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 ArcelorMittal's price. Finally, at the strike price of 29.0, the payoff chart is constant and positive.
   Profit   
       ArcelorMittal Price At Expiration  
View All ArcelorMittal Options

ArcelorMittal SA ADR Available Put Options

ArcelorMittal's option chain is a display of a range of information that helps investors for ways to trade options on ArcelorMittal. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for ArcelorMittal. It also shows strike prices and maturity days for a ArcelorMittal 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
MT251219P00050000050.014.8 - 15.114.8In
 Put
MT251219P00045000045.010.0 - 10.310.0In
 Put
MT251219P000400001840.05.6 - 5.95.6In
 Put
MT251219P00037000037.03.5 - 3.73.5In
 Put
MT251219P000360002436.02.95 - 3.13.3In
 Put
MT251219P000350007835.02.4 - 2.552.95Out
 Put
MT251219P000340006834.01.9 - 2.053.03Out
 Put
MT251219P000330006633.01.5 - 1.651.65Out
 Put
MT251219P0003200041032.01.2 - 1.31.38Out
 Put
MT251219P0003100032831.00.9 - 1.051.08Out
 Put
MT251219P0003000082730.00.7 - 0.80.82Out
 Put
MT251219P000290006329.00.5 - 0.650.88Out
 Put
MT251219P000280006128.00.4 - 0.50.5Out
 Put
MT251219P000270004127.00.3 - 0.40.46Out
 Put
MT251219P0002600013226.00.2 - 0.30.34Out
 Put
MT251219P000250001425.00.15 - 0.250.18Out
 Put
MT251219P000240001724.00.1 - 0.20.2Out
 Put
MT251219P00023000323.00.05 - 0.20.1Out
 Put
MT251219P00022000222.00.05 - 0.150.08Out
 Put
MT251219P00021000221.00.0 - 0.150.31Out

ArcelorMittal Corporate Directors

Bruno LafontLead Non-Executive Independent DirectorProfile
Tye BurtNon-Executive Independent DirectorProfile
Henk SchefferSecretary to the Company and Board of DirectorsProfile
Karel GuchtNon-Executive Independent DirectorProfile

Additional Tools for ArcelorMittal Stock Analysis

When running ArcelorMittal's price analysis, check to measure ArcelorMittal'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 ArcelorMittal is operating at the current time. Most of ArcelorMittal's value examination focuses on studying past and present price action to predict the probability of ArcelorMittal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ArcelorMittal's price. Additionally, you may evaluate how the addition of ArcelorMittal to your portfolios can decrease your overall portfolio volatility.