LZ250321C00009000 Option on LegalZoom
LZ Stock | USD 8.20 0.03 0.37% |
LZ250321C00009000 is a PUT option contract on LegalZoom's common stock with a strick price of 9.0 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 $0.4, and an ask price of $0.5. The implied volatility as of the 18th of January 2025 is 62.0.
LegalZoom |
A put option written on LegalZoom becomes more valuable as the price of LegalZoom drops. Conversely, LegalZoom's put option loses its value as LegalZoom Stock rises.
Rule 16 of 2025-03-21 Option Contract
The options market is anticipating that LegalZoom will have an average daily up or down price movement of about 0.0348% per day over the life of the option. With LegalZoom trading at USD 8.2, that is roughly USD 0.002855. If you think that the market is fully understating LegalZoom's daily price movement you should consider buying LegalZoom options at that current volatility level of 0.56%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Call Option on LegalZoom
An 'Out of The Money' option on LegalZoom has a strike price that LegalZoom 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 LegalZoom's 'Out of The Money' options include buying the options if you expect a big move in LegalZoom'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 | LZ250321C00009000 |
Expires On | 2025-03-21 |
Days Before Expriration | 62 |
Delta | 0.398185 |
Vega | 0.01304 |
Gamma | 0.205002 |
Theoretical Value | 0.47 |
Open Interest | 2094 |
Current Trading Volume | 1.0 |
Strike Price | 9.0 |
Last Traded At | 0.47 |
Current Price Spread | 0.4 | 0.5 |
Rule 16 Daily Up or Down | USD 0.002855 |
LegalZoom short PUT Option Greeks
LegalZoom's Option Greeks for the contract ending on 2025-03-21 at a strike price of 9.0 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 LegalZoom's option greeks, its implied volatility helps estimate the risk of LegalZoom stock implied by the prices of the options on LegalZoom's stock.
Delta | 0.398185 | |
Gamma | 0.205002 | |
Theta | -0.006197 | |
Vega | 0.01304 | |
Rho | 0.004748 |
LegalZoom long PUT Option Payoff at expiration
Put options written on LegalZoom grant holders of the option the right to sell a specified amount of LegalZoom 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 LegalZoom Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on LegalZoom is like buying insurance aginst LegalZoom's downside shift.
Profit |
LegalZoom Price At Expiration |
LegalZoom short PUT Option Payoff at expiration
By selling LegalZoom's put option, the investors signal their bearish sentiment. A short position in a put option written on LegalZoom will generally make money when the underlying price is above the strike price. Therefore LegalZoom's put payoff at expiration depends on where the LegalZoom Stock price is relative to the put option strike price. The breakeven price of 9.47 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 LegalZoom's price. Finally, at the strike price of 9.0, the payoff chart is constant and positive.
Profit |
LegalZoom Price At Expiration |
LegalZoom Available Call Options
LegalZoom's option chain is a display of a range of information that helps investors for ways to trade options on LegalZoom. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for LegalZoom. It also shows strike prices and maturity days for a LegalZoom 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 | LZ250321C00004000 | 7 | 4.0 | 3.0 - 5.4 | 2.66 | In |
Call | LZ250321C00005000 | 376 | 5.0 | 3.2 - 3.4 | 2.8 | In |
Call | LZ250321C00006000 | 1565 | 6.0 | 2.25 - 2.45 | 2.3 | In |
Call | LZ250321C00007000 | 4540 | 7.0 | 1.45 - 1.6 | 1.45 | In |
Call | LZ250321C00008000 | 314 | 8.0 | 0.8 - 0.95 | 0.85 | In |
Call | LZ250321C00009000 | 2094 | 9.0 | 0.4 - 0.5 | 0.47 | Out |
Call | LZ250321C00010000 | 866 | 10.0 | 0.0 - 0.25 | 0.19 | Out |
Call | LZ250321C00011000 | 10 | 11.0 | 0.05 - 0.15 | 0.13 | Out |
Call | LZ250321C00012000 | 20 | 12.0 | 0.0 - 1.1 | 0.28 | Out |
Call | LZ250321C00013000 | 11 | 13.0 | 0.0 - 0.5 | 0.05 | Out |
Call | LZ250321C00015000 | 0 | 15.0 | 0.0 - 0.5 | 0.5 |
LegalZoom Corporate Management
Nicole Miller | General VP | Profile | |
Sheily Panchal | Chief Officer | Profile | |
Richard Preece | Chief Officer | Profile | |
Noel Watson | Chief Officer | Profile | |
Daniel Lysaught | Chief Officer | Profile | |
Madeleine Crane | Head Relations | Profile |
Additional Tools for LegalZoom Stock Analysis
When running LegalZoom's price analysis, check to measure LegalZoom'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 LegalZoom is operating at the current time. Most of LegalZoom's value examination focuses on studying past and present price action to predict the probability of LegalZoom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LegalZoom's price. Additionally, you may evaluate how the addition of LegalZoom to your portfolios can decrease your overall portfolio volatility.