CNDT250417C00007000 Option on Conduent

CNDT Stock  USD 3.96  0.06  1.49%   
CNDT250417C00007000 is a PUT option contract on Conduent's common stock with a strick price of 7.0 expiring on 2025-04-17. The contract was not traded in recent days and, as of today, has 74 days remaining before the expiration. The option is currently trading at an ask price of $0.15. The implied volatility as of the 2nd of February is 74.0.
  
When exercised, put options on Conduent produce a short position in Conduent Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Conduent's downside price movement.

Rule 16 of 2025-04-17 Option Contract

The options market is anticipating that Conduent will have an average daily up or down price movement of about 0.055% per day over the life of the option. With Conduent trading at USD 3.96, that is roughly USD 0.00218. If you think that the market is fully understating Conduent's daily price movement you should consider buying Conduent options at that current volatility level of 0.88%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on Conduent

An 'Out of The Money' option on Conduent has a strike price that Conduent 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 Conduent's 'Out of The Money' options include buying the options if you expect a big move in Conduent'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 NameCNDT250417C00007000
Expires On2025-04-17
Days Before Expriration74
Delta0.114202
Vega0.003467
Gamma0.122143
Theoretical Value0.07
Open Interest34
Strike Price7.0
Last Traded At0.02
Current Price Spread0.0 | 0.15
Rule 16 Daily Up or DownUSD 0.00218

Conduent short PUT Option Greeks

Conduent's Option Greeks for the contract ending on 2025-04-17 at a strike price of 7.0 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 Conduent's option greeks, its implied volatility helps estimate the risk of Conduent stock implied by the prices of the options on Conduent's stock.
Delta0.114202
Gamma0.122143
Theta-0.002082
Vega0.003467
Rho7.75E-4

Conduent long PUT Option Payoff at expiration

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

Conduent short PUT Option Payoff at expiration

By selling Conduent's put option, the investors signal their bearish sentiment. A short position in a put option written on Conduent will generally make money when the underlying price is above the strike price. Therefore Conduent's put payoff at expiration depends on where the Conduent Stock price is relative to the put option strike price. The breakeven price of 7.07 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 Conduent's price. Finally, at the strike price of 7.0, the payoff chart is constant and positive.
   Profit   
       Conduent Price At Expiration  
View All Conduent Options

Conduent Available Call Options

Conduent's option chain is a display of a range of information that helps investors for ways to trade options on Conduent. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Conduent. It also shows strike prices and maturity days for a Conduent 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
CNDT250417C000010002701.02.55 - 3.13.0In
Call
CNDT250417C0000200002.01.9 - 2.51.9In
Call
CNDT250417C000030001983.00.7 - 1.151.25In
Call
CNDT250417C000040006394.00.35 - 0.50.45Out
Call
CNDT250417C000050003415.00.0 - 0.20.09Out
Call
CNDT250417C00006000676.00.0 - 0.10.05Out
Call
CNDT250417C00007000347.00.0 - 0.150.02Out
Call
CNDT250417C0000800008.00.0 - 0.450.45Out

Conduent Corporate Management

Additional Tools for Conduent Stock Analysis

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