MT260116P00018000 Option on ArcelorMittal SA ADR

MT Stock  USD 42.23  1.61  3.96%   
MT260116P00018000 is a PUT option contract on ArcelorMittal's common stock with a strick price of 18.0 expiring on 2026-01-16. The contract was not traded in recent days and, as of today, has 50 days remaining before the expiration. The option is currently trading at an ask price of $1.05. The implied volatility as of the 27th of November is 50.0.
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 2026-01-16 Option Contract

The options market is anticipating that ArcelorMittal SA ADR will have an average daily up or down price movement of about 0.12% per day over the life of the option. With ArcelorMittal trading at USD 42.23, that is roughly USD 0.051. 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 1.93%. 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 NameMT260116P00018000
Expires On2026-01-16
Days Before Expriration50
Vega0.018593
Gamma0.003695
Theoretical Value1.05
Open Interest409
Strike Price18.0
Current Price Spread0.0 | 1.05
Rule 16 Daily Up or DownUSD 0.051

ArcelorMittal short PUT Option Greeks

ArcelorMittal's Option Greeks for the contract ending on 2026-01-16 at a strike price of 18.0 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-0.057574
Gamma0.003695
Theta-0.035034
Vega0.018593
Rho-0.004527

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 16.95 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 18.0, 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
MT260116P00050000050.07.0 - 7.27.0In
 Put
MT260116P00049000049.04.3 - 7.04.3In
 Put
MT260116P00048000148.05.2 - 5.57.55In
 Put
MT260116P00047000047.04.4 - 4.74.4In
 Put
MT260116P00046000046.03.7 - 3.95.99In
 Put
MT260116P00045000045.03.0 - 3.23.0In
 Put
MT260116P00044000144.02.4 - 2.54.9In
 Put
MT260116P00043000043.01.85 - 2.01.85Out
 Put
MT260116P0004200059742.01.4 - 1.751.45Out
 Put
MT260116P0004100026041.01.05 - 1.21.15Out
 Put
MT260116P0004000098940.00.75 - 0.91.1Out
 Put
MT260116P0003900063339.00.55 - 0.70.88Out
 Put
MT260116P0003800030438.00.4 - 0.550.6Out
 Put
MT260116P0003700060037.00.3 - 0.851.02Out
 Put
MT260116P0003600012336.00.2 - 0.350.25Out
 Put
MT260116P0003500066135.00.15 - 0.250.28Out
 Put
MT260116P000340004034.00.1 - 0.20.37Out
 Put
MT260116P00032000108832.00.05 - 0.150.2Out
 Put
MT260116P00030000142330.00.0 - 0.150.1Out
 Put
MT260116P00027000240627.00.0 - 0.10.09Out
 Put
MT260116P00025000297925.00.0 - 0.050.14Out
 Put
MT260116P00023000110423.00.0 - 0.50.06Out
 Put
MT260116P00020000201920.00.0 - 1.10.1Out
 Put
MT260116P0001800040918.00.0 - 1.051.05Out
 Put
MT260116P0001500050515.00.0 - 1.050.1Out

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.