VHT251219P00230000 Option on Vanguard Health Care
VHT Etf | USD 266.54 3.03 1.12% |
VHT251219P00230000 is a PUT option contract on Vanguard Health's common stock with a strick price of 230.0 expiring on 2025-12-19. The contract was not traded in recent days and, as of today, has 76 days remaining before the expiration. The option is currently trading at an ask price of $3.0. The implied volatility as of the 4th of October is 76.0.
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When exercised, put options on Vanguard Health produce a short position in Vanguard Etf. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Vanguard Health's downside price movement.
Rule 16 of 2025-12-19 Option Contract
The options market is anticipating that Vanguard Health Care will have an average daily up or down price movement of about 0.0215% per day over the life of the option. With Vanguard Health trading at USD 266.54, that is roughly USD 0.0572. If you think that the market is fully understating Vanguard Health's daily price movement you should consider buying Vanguard Health Care options at that current volatility level of 0.34%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on Vanguard Health
An 'Out of The Money' option on Vanguard has a strike price that Vanguard 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 Vanguard Health's 'Out of The Money' options include buying the options if you expect a big move in Vanguard Health'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 Name | VHT251219P00230000 |
Expires On | 2025-12-19 |
Days Before Expriration | 76 |
Vega | 0.262382 |
Gamma | 0.00506 |
Theoretical Value | 3.0 |
Open Interest | 7 |
Strike Price | 230.0 |
Last Traded At | 1.47 |
Current Price Spread | 0.0 | 3.0 |
Rule 16 Daily Up or Down | USD 0.0572 |
Vanguard short PUT Option Greeks
Vanguard Health's Option Greeks for the contract ending on 2025-12-19 at a strike price of 230.0 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 Vanguard Health's option greeks, its implied volatility helps estimate the risk of Vanguard Health stock implied by the prices of the options on Vanguard Health's stock.
Delta | -0.131808 | |
Gamma | 0.00506 | |
Theta | -0.057186 | |
Vega | 0.262382 | |
Rho | -0.073349 |
Vanguard long PUT Option Payoff at expiration
Put options written on Vanguard Health grant holders of the option the right to sell a specified amount of Vanguard Health 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 Vanguard Etf cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Vanguard Health is like buying insurance aginst Vanguard Health's downside shift.
Profit |
Vanguard Health Price At Expiration |
Vanguard short PUT Option Payoff at expiration
By selling Vanguard Health's put option, the investors signal their bearish sentiment. A short position in a put option written on Vanguard Health will generally make money when the underlying price is above the strike price. Therefore Vanguard Health's put payoff at expiration depends on where the Vanguard Etf price is relative to the put option strike price. The breakeven price of 227.0 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 Vanguard Health's price. Finally, at the strike price of 230.0, the payoff chart is constant and positive.
Profit |
Vanguard Health Price At Expiration |
Vanguard Health Care Available Put Options
Vanguard Health's option chain is a display of a range of information that helps investors for ways to trade options on Vanguard. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Vanguard. It also shows strike prices and maturity days for a Vanguard Health 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 Int | Strike Price | Current Spread | Last Price | |||
Put | VHT251219P00340000 | 0 | 340.0 | 68.0 - 72.7 | 68.0 | In |
Put | VHT251219P00335000 | 0 | 335.0 | 63.0 - 67.9 | 63.0 | In |
Put | VHT251219P00330000 | 0 | 330.0 | 58.0 - 62.7 | 58.0 | In |
Put | VHT251219P00325000 | 0 | 325.0 | 53.0 - 57.7 | 53.0 | In |
Put | VHT251219P00320000 | 0 | 320.0 | 48.0 - 52.7 | 48.0 | In |
Put | VHT251219P00315000 | 0 | 315.0 | 43.0 - 47.7 | 43.0 | In |
Put | VHT251219P00310000 | 0 | 310.0 | 38.0 - 42.4 | 38.0 | In |
Put | VHT251219P00305000 | 0 | 305.0 | 33.0 - 37.7 | 33.0 | In |
Put | VHT251219P00300000 | 0 | 300.0 | 28.0 - 32.9 | 28.0 | In |
Put | VHT251219P00295000 | 0 | 295.0 | 23.1 - 27.0 | 23.1 | In |
Put | VHT251219P00260000 | 2 | 260.0 | 2.0 - 5.8 | 5.02 | Out |
Put | VHT251219P00255000 | 4 | 255.0 | 1.0 - 5.0 | 4.2 | Out |
Put | VHT251219P00250000 | 8 | 250.0 | 1.0 - 4.0 | 3.91 | Out |
Put | VHT251219P00245000 | 21 | 245.0 | 1.0 - 3.9 | 7.1 | Out |
Put | VHT251219P00240000 | 37 | 240.0 | 0.0 - 3.4 | 1.28 | Out |
Put | VHT251219P00235000 | 8 | 235.0 | 0.0 - 3.3 | 3.6 | Out |
Put | VHT251219P00230000 | 7 | 230.0 | 0.0 - 3.0 | 1.47 | Out |
Put | VHT251219P00225000 | 8 | 225.0 | 0.0 - 2.15 | 1.4 | Out |
Put | VHT251219P00220000 | 16 | 220.0 | 0.0 - 2.2 | 0.7 | Out |
Put | VHT251219P00215000 | 8 | 215.0 | 0.0 - 3.7 | 2.25 | Out |
Put | VHT251219P00200000 | 11 | 200.0 | 0.0 - 3.5 | 0.52 | Out |
Put | VHT251219P00180000 | 1 | 180.0 | 0.0 - 3.4 | 3.4 | Out |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vanguard Health Care. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
The market value of Vanguard Health Care is measured differently than its book value, which is the value of Vanguard that is recorded on the company's balance sheet. Investors also form their own opinion of Vanguard Health's value that differs from its market value or its book value, called intrinsic value, which is Vanguard Health'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 Vanguard Health's market value can be influenced by many factors that don't directly affect Vanguard Health'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 Vanguard Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vanguard Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vanguard Health'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.