SAM260320P00190000 Option on Boston Beer

SAM Stock  USD 198.32  3.08  1.53%   
SAM260320P00190000 is a PUT option contract on Boston Beer's common stock with a strick price of 190.0 expiring on 2026-03-20. The contract was not traded in recent days and, as of today, has 92 days remaining before the expiration. The option is currently trading at a bid price of $8.9, and an ask price of $11.2. The implied volatility as of the 18th of December 2025 is 92.0.
When exercised, put options on Boston Beer produce a short position in Boston Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Boston Beer's downside price movement.

Rule 16 of 2026-03-20 Option Contract

The options market is anticipating that Boston Beer will have an average daily up or down price movement of about 0.0249% per day over the life of the option. With Boston Beer trading at USD 198.32, that is roughly USD 0.0494. If you think that the market is fully understating Boston Beer's daily price movement you should consider buying Boston Beer 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 Boston Beer

An 'Out of The Money' option on Boston has a strike price that Boston 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 Boston Beer's 'Out of The Money' options include buying the options if you expect a big move in Boston Beer'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 NameSAM260320P00190000
Expires On2026-03-20
Days Before Expriration92
Vega0.371993
Gamma0.009014
Theoretical Value10.05
Open Interest20
Strike Price190.0
Last Traded At8.3
Current Price Spread8.9 | 11.2
Rule 16 Daily Up or DownUSD 0.0494

Boston short PUT Option Greeks

Boston Beer's Option Greeks for the contract ending on 2026-03-20 at a strike price of 190.0 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 Boston Beer's option greeks, its implied volatility helps estimate the risk of Boston Beer stock implied by the prices of the options on Boston Beer's stock.
Delta-0.334941
Gamma0.009014
Theta-0.072176
Vega0.371993
Rho-0.171232

Boston long PUT Option Payoff at expiration

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

Boston short PUT Option Payoff at expiration

By selling Boston Beer's put option, the investors signal their bearish sentiment. A short position in a put option written on Boston Beer will generally make money when the underlying price is above the strike price. Therefore Boston Beer's put payoff at expiration depends on where the Boston Stock price is relative to the put option strike price. The breakeven price of 179.95 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 Boston Beer's price. Finally, at the strike price of 190.0, the payoff chart is constant and positive.
   Profit   
       Boston Beer Price At Expiration  
View All Boston Beer Options

Boston Beer Available Put Options

Boston Beer's option chain is a display of a range of information that helps investors for ways to trade options on Boston. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Boston. It also shows strike prices and maturity days for a Boston Beer 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
SAM260320P0011000020110.00.0 - 4.80.27Out
 Put
SAM260320P0011500020115.00.0 - 4.80.9Out
 Put
SAM260320P0012000027120.00.0 - 4.81.05Out
 Put
SAM260320P0012500024125.00.0 - 4.80.92Out
 Put
SAM260320P001300005130.00.0 - 4.81.7Out
 Put
SAM260320P001350004135.00.0 - 4.81.26Out
 Put
SAM260320P001400002140.00.05 - 5.03.21Out
 Put
SAM260320P001500003150.00.05 - 4.82.52Out
 Put
SAM260320P001550003155.00.85 - 4.73.1Out
 Put
SAM260320P0016000020160.01.0 - 6.73.85Out
 Put
SAM260320P001650002165.02.75 - 7.04.77Out
 Put
SAM260320P0017000012170.02.15 - 5.55.39Out
 Put
SAM260320P001750005175.04.7 - 5.86.2Out
 Put
SAM260320P001800006180.06.0 - 7.26.1Out
 Put
SAM260320P0018500027185.07.4 - 9.59.0Out
 Put
SAM260320P0019000020190.08.9 - 11.28.3Out
 Put
SAM260320P0019500015195.010.7 - 13.215.1Out
 Put
SAM260320P0020000011200.012.8 - 14.217.97Out
 Put
SAM260320P0021000010210.018.0 - 20.719.0In
 Put
SAM260320P0022000023220.023.7 - 26.125.5In
 Put
SAM260320P0023000021230.031.3 - 34.237.3In
 Put
SAM260320P0024000011240.036.6 - 42.948.8In
 Put
SAM260320P002500003250.046.5 - 52.645.4In
 Put
SAM260320P002600006260.055.0 - 62.765.2In
 Put
SAM260320P002700000270.064.9 - 70.966.0In
 Put
SAM260320P002800000280.074.1 - 82.474.1In
 Put
SAM260320P002900000290.084.2 - 92.184.2In
 Put
SAM260320P003000000300.094.2 - 102.494.2In
 Put
SAM260320P003100000310.0104.2 - 112.5104.2In
 Put
SAM260320P003200000320.0114.2 - 122.1114.8In
 Put
SAM260320P003300000330.0124.2 - 132.5124.2In
 Put
SAM260320P003400000340.0134.2 - 142.5134.2In

Boston Beer Corporate Directors

Cynthia FisherIndependent DirectorProfile
JeanMichel ValetteLead Director, Independent DirectorProfile
Meghan JoyceIndependent DirectorProfile
Michael SpillaneIndependent DirectorProfile
When determining whether Boston Beer is a strong investment it is important to analyze Boston Beer'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 Boston Beer's future performance. For an informed investment choice regarding Boston Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Boston Beer. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in Boston Stock, please use our How to Invest in Boston Beer guide.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Beverages 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 Boston Beer. If investors know Boston 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 Boston Beer 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
0.486
Earnings Share
8.6
Revenue Per Share
177.894
Quarterly Revenue Growth
(0.11)
Return On Assets
0.075
The market value of Boston Beer is measured differently than its book value, which is the value of Boston that is recorded on the company's balance sheet. Investors also form their own opinion of Boston Beer's value that differs from its market value or its book value, called intrinsic value, which is Boston Beer'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 Boston Beer's market value can be influenced by many factors that don't directly affect Boston Beer'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 Boston Beer's value and its price as these two are different measures arrived at by different means. Investors typically determine if Boston Beer is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Boston Beer'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.