NE251219C00060000 Option on Noble plc

NE Stock  USD 29.23  0.23  0.79%   
NE251219C00060000 is a PUT option contract on Noble Plc's common stock with a strick price of 60.0 expiring on 2025-12-19. The contract was not traded in recent days and, as of today, has 82 days remaining before the expiration. The option is currently trading at an ask price of $0.1. The implied volatility as of the 28th of September is 82.0.
When exercised, put options on Noble Plc produce a short position in Noble Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Noble Plc's downside price movement.

Rule 16 of 2025-12-19 Option Contract

The options market is anticipating that Noble plc will have an average daily up or down price movement of about 0.0458% per day over the life of the option. With Noble Plc trading at USD 29.23, that is roughly USD 0.0134. If you think that the market is fully understating Noble Plc's daily price movement you should consider buying Noble plc options at that current volatility level of 0.73%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on Noble Plc

An 'Out of The Money' option on Noble has a strike price that Noble 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 Noble Plc's 'Out of The Money' options include buying the options if you expect a big move in Noble Plc'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 NameNE251219C00060000
Expires On2025-12-19
Days Before Expriration82
Delta0.028515
Vega0.009073
Gamma0.006369
Theoretical Value0.1
Open Interest97
Strike Price60.0
Last Traded At0.05
Current Price Spread0.0 | 0.1
Rule 16 Daily Up or DownUSD 0.0134

Noble short PUT Option Greeks

Noble Plc's Option Greeks for the contract ending on 2025-12-19 at a strike price of 60.0 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 Noble Plc's option greeks, its implied volatility helps estimate the risk of Noble Plc stock implied by the prices of the options on Noble Plc's stock.
Delta0.028515
Gamma0.006369
Theta-0.003944
Vega0.009073
Rho0.001574

Noble long PUT Option Payoff at expiration

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

Noble short PUT Option Payoff at expiration

By selling Noble Plc's put option, the investors signal their bearish sentiment. A short position in a put option written on Noble Plc will generally make money when the underlying price is above the strike price. Therefore Noble Plc's put payoff at expiration depends on where the Noble Stock price is relative to the put option strike price. The breakeven price of 60.1 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 Noble Plc's price. Finally, at the strike price of 60.0, the payoff chart is constant and positive.
   Profit   
       Noble Plc Price At Expiration  
View All Noble Plc Options

Noble plc Available Call Options

Noble Plc's option chain is a display of a range of information that helps investors for ways to trade options on Noble. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Noble. It also shows strike prices and maturity days for a Noble Plc 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
NE251219C000600009760.00.0 - 0.10.05Out
Call
NE251219C00055000855.00.0 - 0.750.1Out
Call
NE251219C000500004350.00.0 - 0.750.3Out
Call
NE251219C000475003647.50.0 - 0.750.3Out
Call
NE251219C000450002945.00.0 - 0.750.1Out
Call
NE251219C000425007142.50.0 - 0.20.72Out
Call
NE251219C0004000051340.00.0 - 0.30.4Out
Call
NE251219C0003750050837.50.3 - 0.40.3Out
Call
NE251219C00035000154935.00.6 - 0.70.75Out
Call
NE251219C00032500167432.51.15 - 1.31.05Out
Call
NE251219C0003000070130.02.05 - 2.152.0Out
Call
NE251219C00027500127327.53.3 - 3.53.0In
Call
NE251219C0002500038625.05.0 - 5.25.1In
Call
NE251219C0002250015822.57.1 - 7.38.4In
Call
NE251219C0002000013820.09.4 - 9.610.5In
Call
NE251219C000175004717.511.7 - 12.213.9In
Call
NE251219C000150001415.014.0 - 16.216.5In

Noble Plc Corporate Directors

Julie EdwardsIndependent DirectorProfile
Roger JenkinsIndependent DirectorProfile
Jon MarshallIndependent DirectorProfile
Gordon HallLead Independent DirectorProfile
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Noble plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in commodities.
For information on how to trade Noble Stock refer to our How to Trade Noble Stock guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Energy Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Noble Plc. If investors know Noble will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Noble Plc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.80)
Dividend Share
2
Earnings Share
1.9
Revenue Per Share
20.959
Quarterly Revenue Growth
0.229
The market value of Noble plc is measured differently than its book value, which is the value of Noble that is recorded on the company's balance sheet. Investors also form their own opinion of Noble Plc's value that differs from its market value or its book value, called intrinsic value, which is Noble Plc'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 Noble Plc's market value can be influenced by many factors that don't directly affect Noble Plc'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 Noble Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Noble Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Noble Plc'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.