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.
Conduent |
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 Name | CNDT250417C00007000 |
Expires On | 2025-04-17 |
Days Before Expriration | 74 |
Delta | 0.114202 |
Vega | 0.003467 |
Gamma | 0.122143 |
Theoretical Value | 0.07 |
Open Interest | 34 |
Strike Price | 7.0 |
Last Traded At | 0.02 |
Current Price Spread | 0.0 | 0.15 |
Rule 16 Daily Up or Down | USD 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.
Delta | 0.114202 | |
Gamma | 0.122143 | |
Theta | -0.002082 | |
Vega | 0.003467 | |
Rho | 7.75E-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 |
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 Int | Strike Price | Current Spread | Last Price | |||
Call | CNDT250417C00001000 | 270 | 1.0 | 2.55 - 3.1 | 3.0 | In |
Call | CNDT250417C00002000 | 0 | 2.0 | 1.9 - 2.5 | 1.9 | In |
Call | CNDT250417C00003000 | 198 | 3.0 | 0.7 - 1.15 | 1.25 | In |
Call | CNDT250417C00004000 | 639 | 4.0 | 0.35 - 0.5 | 0.45 | Out |
Call | CNDT250417C00005000 | 341 | 5.0 | 0.0 - 0.2 | 0.09 | Out |
Call | CNDT250417C00006000 | 67 | 6.0 | 0.0 - 0.1 | 0.05 | Out |
Call | CNDT250417C00007000 | 34 | 7.0 | 0.0 - 0.15 | 0.02 | Out |
Call | CNDT250417C00008000 | 0 | 8.0 | 0.0 - 0.45 | 0.45 |
Conduent Corporate Management
Michael Krawitz | General VP | Profile | |
Mark Prout | Chief EVP | Profile | |
Michael McDaniel | Group Solutions | Profile | |
Tracy Yelencsics | Chief Officer | Profile | |
George Abate | Principal Officer | Profile | |
Giles Goodburn | VP Relations | Profile |
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.