PYCR250321P00010000 Option on Paycor HCM
PYCR Stock | USD 22.16 0.05 0.23% |
PYCR250321P00010000 is a PUT option contract on Paycor HCM's common stock with a strick price of 10.0 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 50 days remaining before the expiration. The option is currently trading at an ask price of $0.05. The implied volatility as of the 30th of January is 50.0.
Paycor |
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 0.0606% per day over the life of the option. With Paycor HCM trading at USD 22.16, that is roughly USD 0.0134. 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 0.97%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on Paycor HCM
An 'Out of The Money' option on Paycor has a strike price that Paycor 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 Paycor HCM's 'Out of The Money' options include buying the options if you expect a big move in Paycor HCM'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.
Put Contract Name | PYCR250321P00010000 |
Expires On | 2025-03-21 |
Days Before Expriration | 50 |
Vega | 0.001882 |
Gamma | 0.002829 |
Theoretical Value | 0.03 |
Open Interest | 5 |
Strike Price | 10.0 |
Last Traded At | 0.05 |
Current Price Spread | 0.0 | 0.05 |
Rule 16 Daily Up or Down | USD 0.0134 |
Paycor short PUT Option Greeks
Paycor HCM's Option Greeks for the contract ending on 2025-03-21 at a strike price of 10.0 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.
Delta | -0.008331 | |
Gamma | 0.002829 | |
Theta | -0.001764 | |
Vega | 0.001882 | |
Rho | -2.76E-4 |
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 |
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 9.97 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 10.0, the payoff chart is constant and positive.
Profit |
Paycor HCM Price At Expiration |
Paycor HCM Available Put 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 Int | Strike Price | Current Spread | Last Price | |||
Put | PYCR250321P00007500 | 0 | 7.5 | 0.0 - 2.15 | 2.15 | |
Put | PYCR250321P00010000 | 5 | 10.0 | 0.0 - 0.05 | 0.05 | Out |
Put | PYCR250321P00012500 | 10 | 12.5 | 0.0 - 0.05 | 0.61 | Out |
Put | PYCR250321P00015000 | 62 | 15.0 | 0.0 - 0.05 | 0.05 | Out |
Put | PYCR250321P00017500 | 118 | 17.5 | 0.0 - 0.1 | 0.1 | Out |
Put | PYCR250321P00020000 | 72 | 20.0 | 0.0 - 0.15 | 0.08 | Out |
Put | PYCR250321P00022500 | 16 | 22.5 | 0.0 - 0.5 | 0.45 | In |
Put | PYCR250321P00025000 | 1 | 25.0 | 2.2 - 5.5 | 2.9 | In |
Put | PYCR250321P00030000 | 0 | 30.0 | 7.1 - 10.5 | 7.1 | In |
Put | PYCR250321P00035000 | 0 | 35.0 | 11.6 - 15.5 | 11.6 | In |
Paycor HCM Corporate Management
Ryan Bergstrom | Chief Officer | Profile | |
Joe Frassica | Executive Sales | Profile | |
Alice JD | Chief Secretary | Profile | |
Rick Huff | Chief Officer | Profile | |
Alice Geene | Chief Secretary | Profile | |
Charles Mueller | Chief Officer | Profile |
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.