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.
  
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 NameARQT250321C00017500
Expires On2025-03-21
Days Before Expriration47
Delta0.221994
Vega0.01429
Gamma0.075285
Theoretical Value0.44
Open Interest140
Current Trading Volume13.0
Strike Price17.5
Last Traded At0.44
Current Price Spread0.4 | 0.7
Rule 16 Daily Up or DownUSD 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.
Delta0.221994
Gamma0.075285
Theta-0.012561
Vega0.01429
Rho0.003287

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  
View All Arcutis Biotherapeutics Options

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 IntStrike PriceCurrent SpreadLast Price
Call
ARQT250321C0000500075.06.9 - 10.38.2In
Call
ARQT250321C00007500227.55.3 - 7.18.1In
Call
ARQT250321C00010000222610.03.5 - 3.94.04In
Call
ARQT250321C0001250021512.51.85 - 2.152.0In
Call
ARQT250321C0001500075615.00.8 - 1.21.1Out
Call
ARQT250321C0001750014017.50.4 - 0.70.44Out
Call
ARQT250321C000200006820.00.15 - 0.250.2Out
Call
ARQT250321C00022500022.50.0 - 4.94.9Out
Call
ARQT250321C00025000025.00.0 - 0.750.75Out
Call
ARQT250321C00030000030.00.0 - 0.750.75Out

Arcutis Biotherapeutics Corporate Management

JD EsqGeneral VPProfile
Patricia TurneyVP OperationsProfile
Todd EdwardsExecutive OfficerProfile
Eric McIntyreHead RelationsProfile
Ayisha JeterHead AccessProfile
David OsborneChief OfficerProfile
Bethany DudekChief OfficerProfile

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.