SPTL251121P00024000 Option on SPDR Barclays Long

SPTL Etf  USD 26.87  0.04  0.15%   
SPTL251121P00024000 is a PUT option contract on SPDR Barclays' common stock with a strick price of 24.0 expiring on 2025-11-21. The contract was not traded in recent days and, as of today, has 62 days remaining before the expiration. The option is currently trading at an ask price of $0.1. The implied volatility as of the 20th of September is 62.0.
When exercised, put options on SPDR Barclays produce a short position in SPDR Etf. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on SPDR Barclays' downside price movement.

Rule 16 of 2025-11-21 Option Contract

The options market is anticipating that SPDR Barclays Long will have an average daily up or down price movement of about 0.0137% per day over the life of the option. With SPDR Barclays trading at USD 26.87, that is roughly USD 0.003691. If you think that the market is fully understating SPDR Barclays' daily price movement you should consider buying SPDR Barclays Long options at that current volatility level of 0.22%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on SPDR Barclays

An 'Out of The Money' option on SPDR has a strike price that SPDR 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 SPDR Barclays' 'Out of The Money' options include buying the options if you expect a big move in SPDR Barclays' 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 NameSPTL251121P00024000
Expires On2025-11-21
Days Before Expriration62
Vega0.017429
Gamma0.064916
Theoretical Value0.1
Open Interest143
Strike Price24.0
Last Traded At0.1
Current Price Spread0.0 | 0.1
Rule 16 Daily Up or DownUSD 0.003691

SPDR short PUT Option Greeks

SPDR Barclays' Option Greeks for the contract ending on 2025-11-21 at a strike price of 24.0 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 SPDR Barclays' option greeks, its implied volatility helps estimate the risk of SPDR Barclays stock implied by the prices of the options on SPDR Barclays' stock.
Delta-0.086323
Gamma0.064916
Theta-0.002834
Vega0.017429
Rho-0.003764

SPDR long PUT Option Payoff at expiration

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

SPDR short PUT Option Payoff at expiration

By selling SPDR Barclays' put option, the investors signal their bearish sentiment. A short position in a put option written on SPDR Barclays will generally make money when the underlying price is above the strike price. Therefore SPDR Barclays' put payoff at expiration depends on where the SPDR Etf price is relative to the put option strike price. The breakeven price of 23.9 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 SPDR Barclays' price. Finally, at the strike price of 24.0, the payoff chart is constant and positive.
   Profit   
       SPDR Barclays Price At Expiration  
View All SPDR Barclays Options

SPDR Barclays Long Available Put Options

SPDR Barclays' option chain is a display of a range of information that helps investors for ways to trade options on SPDR. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for SPDR. It also shows strike prices and maturity days for a SPDR Barclays 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
SPTL251121P00040000040.013.1 - 13.313.1In
 Put
SPTL251121P00037000037.010.1 - 10.310.1In
 Put
SPTL251121P00036000036.08.6 - 9.38.6In
 Put
SPTL251121P000350002435.07.6 - 8.39.1In
 Put
SPTL251121P00034000034.06.7 - 7.36.7In
 Put
SPTL251121P00033000033.05.7 - 6.35.7In
 Put
SPTL251121P00032000032.04.6 - 5.34.6In
 Put
SPTL251121P00031000031.03.7 - 4.33.7In
 Put
SPTL251121P00030000030.02.7 - 3.32.7In
 Put
SPTL251121P00029000729.02.15 - 2.252.1In
 Put
SPTL251121P00028000328.01.2 - 1.31.84In
 Put
SPTL251121P000270007027.00.5 - 0.60.5Out
 Put
SPTL251121P000260001426.00.15 - 0.20.12Out
 Put
SPTL251121P000250002425.00.0 - 0.10.1Out
 Put
SPTL251121P0002400014324.00.0 - 0.10.1Out
 Put
SPTL251121P00022000122.00.0 - 0.10.1Out
When determining whether SPDR Barclays Long is a strong investment it is important to analyze SPDR Barclays' 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 SPDR Barclays' future performance. For an informed investment choice regarding SPDR Etf, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SPDR Barclays Long. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in housing.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
The market value of SPDR Barclays Long is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR Barclays' value that differs from its market value or its book value, called intrinsic value, which is SPDR Barclays' 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 SPDR Barclays' market value can be influenced by many factors that don't directly affect SPDR Barclays' 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 SPDR Barclays' value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR Barclays is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR Barclays' 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.