DOCS250321P00060000 Option on Doximity

DOCS Stock  USD 53.72  0.51  0.96%   
DOCS250321P00060000 is a PUT option contract on Doximity's common stock with a strick price of 60.0 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 62 days remaining before the expiration. The option is currently trading at a bid price of $8.6, and an ask price of $8.9. The implied volatility as of the 18th of January 2025 is 62.0.
  
When exercised, put options on Doximity produce a short position in Doximity Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Doximity's downside price movement.

Rule 16 of 2025-03-21 Option Contract

The options market is anticipating that Doximity will have an average daily up or down price movement of about 0.0354% per day over the life of the option. With Doximity trading at USD 53.72, that is roughly USD 0.019. If you think that the market is fully understating Doximity's daily price movement you should consider buying Doximity options at that current volatility level of 0.57%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Put Option on Doximity

An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Doximity positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Doximity Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Put Contract NameDOCS250321P00060000
Expires On2025-03-21
Days Before Expriration62
Vega0.083107
Gamma0.030407
Theoretical Value8.75
Open Interest160
Current Trading Volume1.0
Strike Price60.0
Last Traded At8.5
Current Price Spread8.6 | 8.9
Rule 16 Daily Up or DownUSD 0.019

Doximity short PUT Option Greeks

Doximity's Option Greeks for the contract ending on 2025-03-21 at a strike price of 60.0 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 Doximity's option greeks, its implied volatility helps estimate the risk of Doximity stock implied by the prices of the options on Doximity's stock.
Delta-0.633446
Gamma0.030407
Theta-0.034084
Vega0.083107
Rho-0.054978

Doximity long PUT Option Payoff at expiration

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

Doximity short PUT Option Payoff at expiration

By selling Doximity's put option, the investors signal their bearish sentiment. A short position in a put option written on Doximity will generally make money when the underlying price is above the strike price. Therefore Doximity's put payoff at expiration depends on where the Doximity Stock price is relative to the put option strike price. The breakeven price of 51.25 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 Doximity's price. Finally, at the strike price of 60.0, the payoff chart is constant and positive.
   Profit   
       Doximity Price At Expiration  
View All Doximity Options

Doximity Available Put Options

Doximity's option chain is a display of a range of information that helps investors for ways to trade options on Doximity. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Doximity. It also shows strike prices and maturity days for a Doximity 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
 Put
DOCS250321P000150001115.00.0 - 0.750.05Out
 Put
DOCS250321P000175005617.50.0 - 0.80.41Out
 Put
DOCS250321P000200005520.00.0 - 1.350.19Out
 Put
DOCS250321P000225001422.50.0 - 1.40.57Out
 Put
DOCS250321P000250003625.00.0 - 1.41.0Out
 Put
DOCS250321P000275005727.50.0 - 1.450.65Out
 Put
DOCS250321P00030000130.00.05 - 1.450.8Out
 Put
DOCS250321P0003250020032.50.1 - 1.550.44Out
 Put
DOCS250321P000350005435.00.15 - 0.750.4Out
 Put
DOCS250321P000375004337.50.4 - 0.550.51Out
 Put
DOCS250321P000400002140.00.65 - 0.80.72Out
 Put
DOCS250321P000425006042.51.0 - 1.21.65Out
 Put
DOCS250321P0004500071445.01.5 - 1.71.51Out
 Put
DOCS250321P0004750056547.52.2 - 3.42.2Out
 Put
DOCS250321P0005000055250.03.0 - 3.33.8Out
 Put
DOCS250321P000525008052.54.1 - 4.54.5Out
 Put
DOCS250321P0005500016855.05.4 - 5.85.4In
 Put
DOCS250321P0005750016157.56.9 - 7.27.6In
 Put
DOCS250321P0006000016060.08.6 - 8.98.5In
 Put
DOCS250321P000625005162.510.4 - 10.810.0In
 Put
DOCS250321P000650004465.012.1 - 13.611.42In
 Put
DOCS250321P00067500067.513.3 - 15.813.3In
 Put
DOCS250321P00070000970.015.8 - 17.815.1In
 Put
DOCS250321P00075000075.021.0 - 23.119.55In
 Put
DOCS250321P00080000080.024.2 - 27.924.2In
 Put
DOCS250321P00085000085.029.8 - 33.029.8In
 Put
DOCS250321P00090000090.035.0 - 38.335.0In

Doximity Corporate Management

Perry GoldHead RelationsProfile
Paul JorgensenChief OfficerProfile
Jim RivasHead CommunicationsProfile
Joel DavisSenior ProductProfile
Jennifer JDGeneral SecretaryProfile
Bruno MirandaSenior EngineeringProfile

Additional Tools for Doximity Stock Analysis

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