ARQT250321C00017500 Option on Arcutis Biotherapeutics
ARQT Stock | USD 13.24 0.43 3.15% |
ARQT250321C00017500 is a PUT option contract on Arcutis Biotherapeutics' common stock with a strick price of 17.5 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 47 days remaining before the expiration. The option is currently trading at a bid price of $0.4, and an ask price of $0.7. The implied volatility as of the 2nd of February is 47.0.
Arcutis |
When exercised, put options on Arcutis Biotherapeutics produce a short position in Arcutis Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Arcutis Biotherapeutics' downside price movement.
Rule 16 of 2025-03-21 Option Contract
The options market is anticipating that Arcutis Biotherapeutics will have an average daily up or down price movement of about 0.0515% per day over the life of the option. With Arcutis Biotherapeutics trading at USD 13.24, that is roughly USD 0.006814. If you think that the market is fully understating Arcutis Biotherapeutics' daily price movement you should consider buying Arcutis Biotherapeutics options at that current volatility level of 0.82%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Call Option on Arcutis Biotherapeutics
An 'Out of The Money' option on Arcutis has a strike price that Arcutis 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 Arcutis Biotherapeutics' 'Out of The Money' options include buying the options if you expect a big move in Arcutis Biotherapeutics' 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 Name | ARQT250321C00017500 |
Expires On | 2025-03-21 |
Days Before Expriration | 47 |
Delta | 0.221994 |
Vega | 0.01429 |
Gamma | 0.075285 |
Theoretical Value | 0.44 |
Open Interest | 140 |
Current Trading Volume | 13.0 |
Strike Price | 17.5 |
Last Traded At | 0.44 |
Current Price Spread | 0.4 | 0.7 |
Rule 16 Daily Up or Down | USD 0.006814 |
Arcutis short PUT Option Greeks
Arcutis Biotherapeutics' Option Greeks for the contract ending on 2025-03-21 at a strike price of 17.5 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 Arcutis Biotherapeutics' option greeks, its implied volatility helps estimate the risk of Arcutis Biotherapeutics stock implied by the prices of the options on Arcutis Biotherapeutics' stock.
Delta | 0.221994 | |
Gamma | 0.075285 | |
Theta | -0.012561 | |
Vega | 0.01429 | |
Rho | 0.003287 |
Arcutis long PUT Option Payoff at expiration
Put options written on Arcutis Biotherapeutics grant holders of the option the right to sell a specified amount of Arcutis Biotherapeutics 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 Arcutis Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Arcutis Biotherapeutics is like buying insurance aginst Arcutis Biotherapeutics' downside shift.
Profit |
Arcutis Biotherapeutics Price At Expiration |
Arcutis short PUT Option Payoff at expiration
By selling Arcutis Biotherapeutics' put option, the investors signal their bearish sentiment. A short position in a put option written on Arcutis Biotherapeutics will generally make money when the underlying price is above the strike price. Therefore Arcutis Biotherapeutics' put payoff at expiration depends on where the Arcutis Stock price is relative to the put option strike price. The breakeven price of 17.94 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 Arcutis Biotherapeutics' price. Finally, at the strike price of 17.5, the payoff chart is constant and positive.
Profit |
Arcutis Biotherapeutics Price At Expiration |
Arcutis Biotherapeutics Available Call Options
Arcutis Biotherapeutics' option chain is a display of a range of information that helps investors for ways to trade options on Arcutis. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Arcutis. It also shows strike prices and maturity days for a Arcutis Biotherapeutics 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 | |||
Call | ARQT250321C00005000 | 7 | 5.0 | 6.9 - 10.3 | 8.2 | In |
Call | ARQT250321C00007500 | 22 | 7.5 | 5.3 - 7.1 | 8.1 | In |
Call | ARQT250321C00010000 | 2226 | 10.0 | 3.5 - 3.9 | 4.04 | In |
Call | ARQT250321C00012500 | 215 | 12.5 | 1.85 - 2.15 | 2.0 | In |
Call | ARQT250321C00015000 | 756 | 15.0 | 0.8 - 1.2 | 1.1 | Out |
Call | ARQT250321C00017500 | 140 | 17.5 | 0.4 - 0.7 | 0.44 | Out |
Call | ARQT250321C00020000 | 68 | 20.0 | 0.15 - 0.25 | 0.2 | Out |
Call | ARQT250321C00022500 | 0 | 22.5 | 0.0 - 4.9 | 4.9 | |
Call | ARQT250321C00025000 | 0 | 25.0 | 0.0 - 0.75 | 0.75 | |
Call | ARQT250321C00030000 | 0 | 30.0 | 0.0 - 0.75 | 0.75 |
Arcutis Biotherapeutics Corporate Management
JD Esq | General VP | Profile | |
Patricia Turney | VP Operations | Profile | |
Todd Edwards | Executive Officer | Profile | |
Eric McIntyre | Head Relations | Profile | |
Ayisha Jeter | Head Access | Profile | |
David Osborne | Chief Officer | Profile | |
Bethany Dudek | Chief Officer | Profile |
Additional Tools for Arcutis Stock Analysis
When running Arcutis Biotherapeutics' price analysis, check to measure Arcutis Biotherapeutics' 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 Arcutis Biotherapeutics is operating at the current time. Most of Arcutis Biotherapeutics' value examination focuses on studying past and present price action to predict the probability of Arcutis Biotherapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arcutis Biotherapeutics' price. Additionally, you may evaluate how the addition of Arcutis Biotherapeutics to your portfolios can decrease your overall portfolio volatility.