VZ251121P00039000 Option on Verizon Communications

VZ Stock  USD 43.52  0.12  0.28%   
VZ251121P00039000 is a PUT option contract on Verizon Communications' common stock with a strick price of 39.0 expiring on 2025-11-21. The contract was not traded in recent days and, as of today, has 49 days remaining before the expiration. The option is currently trading at a bid price of $0.25, and an ask price of $0.26. The implied volatility as of the 3rd of October is 49.0.
A put option written on Verizon Communications becomes more valuable as the price of Verizon Communications drops. Conversely, Verizon Communications' put option loses its value as Verizon Stock rises.

Rule 16 of 2025-11-21 Option Contract

The options market is anticipating that Verizon Communications will have an average daily up or down price movement of about 0.0157% per day over the life of the option. With Verizon Communications trading at USD 43.52, that is roughly USD 0.006838. If you think that the market is fully understating Verizon Communications' daily price movement you should consider buying Verizon Communications options at that current volatility level of 0.25%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Verizon Communications

An 'Out of The Money' option on Verizon has a strike price that Verizon 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 Verizon Communications' 'Out of The Money' options include buying the options if you expect a big move in Verizon Communications' 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 NameVZ251121P00039000
Expires On2025-11-21
Days Before Expriration49
Vega0.032142
Gamma0.049548
Theoretical Value0.25
Open Interest377
Current Trading Volume62.0
Strike Price39.0
Last Traded At0.25
Current Price Spread0.25 | 0.26
Rule 16 Daily Up or DownUSD 0.006838

Verizon short PUT Option Greeks

Verizon Communications' Option Greeks for the contract ending on 2025-11-21 at a strike price of 39.0 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 Verizon Communications' option greeks, its implied volatility helps estimate the risk of Verizon Communications stock implied by the prices of the options on Verizon Communications' stock.
Delta-0.120461
Gamma0.049548
Theta-0.008322
Vega0.032142
Rho-0.007503

Verizon long PUT Option Payoff at expiration

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

Verizon short PUT Option Payoff at expiration

By selling Verizon Communications' put option, the investors signal their bearish sentiment. A short position in a put option written on Verizon Communications will generally make money when the underlying price is above the strike price. Therefore Verizon Communications' put payoff at expiration depends on where the Verizon Stock price is relative to the put option strike price. The breakeven price of 38.75 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 Verizon Communications' price. Finally, at the strike price of 39.0, the payoff chart is constant and positive.
   Profit   
       Verizon Communications Price At Expiration  
View All Verizon Communications Options

Verizon Communications Available Put Options

Verizon Communications' option chain is a display of a range of information that helps investors for ways to trade options on Verizon. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Verizon. It also shows strike prices and maturity days for a Verizon Communications 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
VZ251121P00060000160.017.05 - 17.317.01In
 Put
VZ251121P00055000055.012.1 - 12.3512.1In
 Put
VZ251121P00052500052.59.65 - 9.89.65In
 Put
VZ251121P00050000150.07.1 - 7.37.05In
 Put
VZ251121P00049000049.06.15 - 6.36.15In
 Put
VZ251121P00048000048.05.15 - 5.355.15In
 Put
VZ251121P00047000047.04.2 - 4.44.2In
 Put
VZ251121P00046000246.03.3 - 3.453.35In
 Put
VZ251121P000450002245.02.53 - 2.592.41In
 Put
VZ251121P0004400050544.01.85 - 1.891.83In
 Put
VZ251121P00043000239843.01.31 - 1.41.31Out
 Put
VZ251121P00042000101742.00.88 - 0.910.89Out
 Put
VZ251121P00041000109241.00.59 - 0.60.57Out
 Put
VZ251121P0004000054140.00.37 - 0.390.37Out
 Put
VZ251121P0003900037739.00.25 - 0.260.25Out
 Put
VZ251121P000380005438.00.15 - 0.180.16Out
 Put
VZ251121P000370007137.00.1 - 0.140.12Out
 Put
VZ251121P000360004036.00.0 - 0.510.09Out
 Put
VZ251121P000350002035.00.0 - 0.10.07Out
 Put
VZ251121P00030000130.00.0 - 0.090.05Out

Verizon Communications Corporate Directors

Gregory WeaverIndependent DirectorProfile
Daniel SchulmanIndependent DirectorProfile
Clarence OtisLead Independent DirectorProfile
Mark BertoliniIndependent DirectorProfile

Additional Tools for Verizon Stock Analysis

When running Verizon Communications' price analysis, check to measure Verizon Communications' 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 Verizon Communications is operating at the current time. Most of Verizon Communications' value examination focuses on studying past and present price action to predict the probability of Verizon Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Verizon Communications' price. Additionally, you may evaluate how the addition of Verizon Communications to your portfolios can decrease your overall portfolio volatility.