INTT250321C00012500 Option on inTest
INTT Stock | USD 9.37 0.25 2.74% |
INTT250321C00012500 is a PUT option contract on InTest's common stock with a strick price of 12.5 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 56 days remaining before the expiration. The option is currently trading at an ask price of $0.35. The implied volatility as of the 24th of January is 56.0.
InTest |
When exercised, put options on InTest produce a short position in InTest Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on InTest's downside price movement.
Rule 16 of 2025-03-21 Option Contract
The options market is anticipating that inTest will have an average daily up or down price movement of about 0.0397% per day over the life of the option. With InTest trading at USD 9.37, that is roughly USD 0.003722. If you think that the market is fully understating InTest's daily price movement you should consider buying inTest options at that current volatility level of 0.64%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Call Option on InTest
An 'Out of The Money' option on InTest has a strike price that InTest 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 InTest's 'Out of The Money' options include buying the options if you expect a big move in InTest'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 | INTT250321C00012500 |
Expires On | 2025-03-21 |
Days Before Expriration | 56 |
Delta | 0.156818 |
Vega | 0.008954 |
Gamma | 0.10096 |
Theoretical Value | 0.18 |
Open Interest | 29 |
Strike Price | 12.5 |
Last Traded At | 0.15 |
Current Price Spread | 0.0 | 0.35 |
Rule 16 Daily Up or Down | USD 0.003722 |
InTest short PUT Option Greeks
InTest's Option Greeks for the contract ending on 2025-03-21 at a strike price of 12.5 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 InTest's option greeks, its implied volatility helps estimate the risk of InTest stock implied by the prices of the options on InTest's stock.
Delta | 0.156818 | |
Gamma | 0.10096 | |
Theta | -0.004928 | |
Vega | 0.008954 | |
Rho | 0.002029 |
InTest long PUT Option Payoff at expiration
Put options written on InTest grant holders of the option the right to sell a specified amount of InTest 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 InTest Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on InTest is like buying insurance aginst InTest's downside shift.
Profit |
InTest Price At Expiration |
InTest short PUT Option Payoff at expiration
By selling InTest's put option, the investors signal their bearish sentiment. A short position in a put option written on InTest will generally make money when the underlying price is above the strike price. Therefore InTest's put payoff at expiration depends on where the InTest Stock price is relative to the put option strike price. The breakeven price of 12.68 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 InTest's price. Finally, at the strike price of 12.5, the payoff chart is constant and positive.
Profit |
InTest Price At Expiration |
inTest Available Call Options
InTest's option chain is a display of a range of information that helps investors for ways to trade options on InTest. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for InTest. It also shows strike prices and maturity days for a InTest 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 | INTT250321C00002500 | 0 | 2.5 | 6.5 - 7.2 | 6.5 | In |
Call | INTT250321C00005000 | 7 | 5.0 | 4.0 - 5.6 | 4.5 | In |
Call | INTT250321C00007500 | 54 | 7.5 | 1.65 - 2.3 | 1.65 | In |
Call | INTT250321C00010000 | 405 | 10.0 | 0.0 - 0.75 | 0.85 | Out |
Call | INTT250321C00012500 | 29 | 12.5 | 0.0 - 0.35 | 0.15 | Out |
Call | INTT250321C00015000 | 1 | 15.0 | 0.0 - 0.75 | 0.3 | Out |
Call | INTT250321C00017500 | 2 | 17.5 | 0.0 - 0.75 | 0.05 | Out |
Call | INTT250321C00020000 | 0 | 20.0 | 0.0 - 0.75 | 0.75 | |
Call | INTT250321C00022500 | 0 | 22.5 | 0.0 - 0.75 | 0.75 |
InTest Corporate Management
Joe McManus | Division Test | Profile | |
Susan Dawson | Finance Manager | Profile | |
Duncan Gilmour | Treasurer CFO | Profile | |
Joseph McManus | Division Test | Profile | |
Richard Rogoff | Vice Development | Profile | |
Meghan Moseley | Vice Resources | Profile |
Additional Tools for InTest Stock Analysis
When running InTest's price analysis, check to measure InTest'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 InTest is operating at the current time. Most of InTest's value examination focuses on studying past and present price action to predict the probability of InTest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InTest's price. Additionally, you may evaluate how the addition of InTest to your portfolios can decrease your overall portfolio volatility.