CCCS250321C00015000 Option on CCC Intelligent Solutions
CCCS Stock | USD 11.20 0.09 0.81% |
CCCS250321C00015000 is a PUT option contract on CCC Intelligent's common stock with a strick price of 15.0 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 61 days remaining before the expiration. The option is currently trading at an ask price of $0.75. The implied volatility as of the 19th of January is 61.0.
CCC |
When exercised, put options on CCC Intelligent produce a short position in CCC Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on CCC Intelligent's downside price movement.
Rule 16 of 2025-03-21 Option Contract
The options market is anticipating that CCC Intelligent Solutions will have an average daily up or down price movement of about 0.0465% per day over the life of the option. With CCC Intelligent trading at USD 11.2, that is roughly USD 0.005209. If you think that the market is fully understating CCC Intelligent's daily price movement you should consider buying CCC Intelligent Solutions options at that current volatility level of 0.74%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Call Option on CCC Intelligent
An 'Out of The Money' option on CCC has a strike price that CCC 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 CCC Intelligent's 'Out of The Money' options include buying the options if you expect a big move in CCC Intelligent'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.
Call Contract Name | CCCS250321C00015000 |
Expires On | 2025-03-21 |
Days Before Expriration | 61 |
Delta | 0.219234 |
Vega | 0.01364 |
Gamma | 0.086024 |
Theoretical Value | 0.37 |
Open Interest | 11 |
Strike Price | 15.0 |
Last Traded At | 0.1 |
Current Price Spread | 0.0 | 0.75 |
Rule 16 Daily Up or Down | USD 0.005209 |
CCC short PUT Option Greeks
CCC Intelligent's Option Greeks for the contract ending on 2025-03-21 at a strike price of 15.0 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 CCC Intelligent's option greeks, its implied volatility helps estimate the risk of CCC Intelligent stock implied by the prices of the options on CCC Intelligent's stock.
Delta | 0.219234 | |
Gamma | 0.086024 | |
Theta | -0.008438 | |
Vega | 0.01364 | |
Rho | 0.003534 |
CCC long PUT Option Payoff at expiration
Put options written on CCC Intelligent grant holders of the option the right to sell a specified amount of CCC Intelligent 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 CCC Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on CCC Intelligent is like buying insurance aginst CCC Intelligent's downside shift.
Profit |
CCC Intelligent Price At Expiration |
CCC short PUT Option Payoff at expiration
By selling CCC Intelligent's put option, the investors signal their bearish sentiment. A short position in a put option written on CCC Intelligent will generally make money when the underlying price is above the strike price. Therefore CCC Intelligent's put payoff at expiration depends on where the CCC Stock price is relative to the put option strike price. The breakeven price of 15.37 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 CCC Intelligent's price. Finally, at the strike price of 15.0, the payoff chart is constant and positive.
Profit |
CCC Intelligent Price At Expiration |
CCC Intelligent Solutions Available Call Options
CCC Intelligent's option chain is a display of a range of information that helps investors for ways to trade options on CCC. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for CCC. It also shows strike prices and maturity days for a CCC Intelligent 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 | CCCS250321C00002500 | 0 | 2.5 | 8.0 - 9.8 | 8.0 | In |
Call | CCCS250321C00005000 | 0 | 5.0 | 5.5 - 7.3 | 5.5 | In |
Call | CCCS250321C00007500 | 1 | 7.5 | 3.6 - 4.0 | 4.37 | In |
Call | CCCS250321C00010000 | 9 | 10.0 | 0.55 - 2.6 | 1.6 | In |
Call | CCCS250321C00012500 | 505 | 12.5 | 0.2 - 0.3 | 0.2 | Out |
Call | CCCS250321C00015000 | 11 | 15.0 | 0.0 - 0.75 | 0.1 | Out |
Call | CCCS250321C00017500 | 0 | 17.5 | 0.0 - 0.75 | 0.75 | |
Call | CCCS250321C00020000 | 0 | 20.0 | 0.0 - 0.75 | 0.75 | |
Call | CCCS250321C00022500 | 0 | 22.5 | 0.0 - 0.75 | 0.75 |
CCC Intelligent Corporate Management
Barrett Callaghan | Executive Vice President - Markets and Customer Success | Profile | |
Rodney Christo | Chief Officer | Profile | |
Steven Puccinelli | Independent Director | Profile | |
Eric Wei | Independent Director | Profile | |
Kevin Ho | Senior China | Profile |
Additional Tools for CCC Stock Analysis
When running CCC Intelligent's price analysis, check to measure CCC Intelligent's 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 CCC Intelligent is operating at the current time. Most of CCC Intelligent's value examination focuses on studying past and present price action to predict the probability of CCC Intelligent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CCC Intelligent's price. Additionally, you may evaluate how the addition of CCC Intelligent to your portfolios can decrease your overall portfolio volatility.