PYCR250321C00015000 Option on Paycor HCM

PYCR Stock  USD 22.21  0.01  0.04%   
PYCR250321C00015000 is a PUT option contract on Paycor HCM's common stock with a strick price of 15.0 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 26 days remaining before the expiration. The option is currently trading at a bid price of $7.1, and an ask price of $9.4. The implied volatility as of the 23rd of February is 26.0.
  
When exercised, put options on Paycor HCM produce a short position in Paycor Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Paycor HCM's downside price movement.

Rule 16 of 2025-03-21 Option Contract

The options market is anticipating that Paycor HCM will have an average daily up or down price movement of about 0.11% per day over the life of the option. With Paycor HCM trading at USD 22.21, that is roughly USD 0.0245. If you think that the market is fully understating Paycor HCM's daily price movement you should consider buying Paycor HCM options at that current volatility level of 1.77%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call Option on Paycor HCM

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 Paycor HCM 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 Paycor Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract NamePYCR250321C00015000
Expires On2025-03-21
Days Before Expriration26
Delta0.856328
Vega0.013683
Gamma0.02123
Theoretical Value8.25
Open Interest54
Strike Price15.0
Last Traded At7.2
Current Price Spread7.1 | 9.4
Rule 16 Daily Up or DownUSD 0.0245

Paycor short PUT Option Greeks

Paycor HCM's Option Greeks for the contract ending on 2025-03-21 at a strike price of 15.0 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 Paycor HCM's option greeks, its implied volatility helps estimate the risk of Paycor HCM stock implied by the prices of the options on Paycor HCM's stock.
Delta0.856328
Gamma0.02123
Theta-0.046036
Vega0.013683
Rho0.007966

Paycor long PUT Option Payoff at expiration

Put options written on Paycor HCM grant holders of the option the right to sell a specified amount of Paycor HCM 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 Paycor Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Paycor HCM is like buying insurance aginst Paycor HCM's downside shift.
   Profit   
Strike Price 15Current Price 22.21Break Even 23.25100%
       Paycor HCM Price At Expiration  

Paycor short PUT Option Payoff at expiration

By selling Paycor HCM's put option, the investors signal their bearish sentiment. A short position in a put option written on Paycor HCM will generally make money when the underlying price is above the strike price. Therefore Paycor HCM's put payoff at expiration depends on where the Paycor Stock price is relative to the put option strike price. The breakeven price of 23.25 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 Paycor HCM's price. Finally, at the strike price of 15.0, the payoff chart is constant and positive.
   Profit   
       Paycor HCM Price At Expiration  
View All Paycor HCM Options

Paycor HCM Available Call Options

Paycor HCM's option chain is a display of a range of information that helps investors for ways to trade options on Paycor. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Paycor. It also shows strike prices and maturity days for a Paycor HCM 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
PYCR250417C00012500012.57.7 - 12.37.7In
Call
PYCR250417C00015000015.05.2 - 9.95.2In
Call
PYCR250417C00017500017.52.75 - 7.22.75In
Call
PYCR250417C00020000020.00.3 - 4.90.3In
Call
PYCR250417C00022500022.50.0 - 0.550.55Out
Call
PYCR250417C000250001025.00.0 - 3.20.05Out
Call
PYCR250417C00030000030.00.0 - 4.84.8Out

Paycor HCM Corporate Management

Ryan BergstromChief OfficerProfile
Joe FrassicaExecutive SalesProfile
Alice JDChief SecretaryProfile
Rick HuffChief OfficerProfile
Alice GeeneChief SecretaryProfile
Charles MuellerChief OfficerProfile

Additional Tools for Paycor Stock Analysis

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