SRPT250321C00185000 Option on Sarepta Therapeutics

SRPT Stock  USD 105.56  0.72  0.68%   
SRPT250321C00185000 is a PUT option contract on Sarepta Therapeutics' common stock with a strick price of 185.0 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 24 days remaining before the expiration. The option is currently trading at an ask price of $2.15. The implied volatility as of the 25th of February is 24.0.
  
When exercised, put options on Sarepta Therapeutics produce a short position in Sarepta Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Sarepta Therapeutics' downside price movement.

Rule 16 of 2025-03-21 Option Contract

The options market is anticipating that Sarepta Therapeutics will have an average daily up or down price movement of about 0.0826% per day over the life of the option. With Sarepta Therapeutics trading at USD 105.56, that is roughly USD 0.0872. If you think that the market is fully understating Sarepta Therapeutics' daily price movement you should consider buying Sarepta Therapeutics options at that current volatility level of 1.32%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on Sarepta Therapeutics

An 'Out of The Money' option on Sarepta has a strike price that Sarepta 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 Sarepta Therapeutics' 'Out of The Money' options include buying the options if you expect a big move in Sarepta Therapeutics' 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 NameSRPT250321C00185000
Expires On2025-03-21
Days Before Expriration24
Delta0.074846
Vega0.039048
Gamma0.00387
Theoretical Value1.08
Open Interest3
Strike Price185.0
Last Traded At2.33
Current Price Spread0.0 | 2.15
Rule 16 Daily Up or DownUSD 0.0872

Sarepta short PUT Option Greeks

Sarepta Therapeutics' Option Greeks for the contract ending on 2025-03-21 at a strike price of 185.0 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 Sarepta Therapeutics' option greeks, its implied volatility helps estimate the risk of Sarepta Therapeutics stock implied by the prices of the options on Sarepta Therapeutics' stock.
Delta0.074846
Gamma0.00387
Theta-0.104025
Vega0.039048
Rho0.004675

Sarepta long PUT Option Payoff at expiration

Put options written on Sarepta Therapeutics grant holders of the option the right to sell a specified amount of Sarepta Therapeutics 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 Sarepta Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Sarepta Therapeutics is like buying insurance aginst Sarepta Therapeutics' downside shift.
   Profit   
Current Price 105.56Strike Price 185Break Even 186.08100%
       Sarepta Therapeutics Price At Expiration  

Sarepta short PUT Option Payoff at expiration

By selling Sarepta Therapeutics' put option, the investors signal their bearish sentiment. A short position in a put option written on Sarepta Therapeutics will generally make money when the underlying price is above the strike price. Therefore Sarepta Therapeutics' put payoff at expiration depends on where the Sarepta Stock price is relative to the put option strike price. The breakeven price of 186.08 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 Sarepta Therapeutics' price. Finally, at the strike price of 185.0, the payoff chart is constant and positive.
   Profit   
       Sarepta Therapeutics Price At Expiration  
View All Sarepta Therapeutics Options

Sarepta Therapeutics Available Call Options

Sarepta Therapeutics' option chain is a display of a range of information that helps investors for ways to trade options on Sarepta. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Sarepta. It also shows strike prices and maturity days for a Sarepta Therapeutics 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
SRPT250516C000800003780.026.3 - 30.047.07In
Call
SRPT250516C00090000390.018.1 - 22.119.75In
Call
SRPT250516C00095000595.014.8 - 18.316.5In
Call
SRPT250516C0010000034100.011.7 - 15.315.42In
Call
SRPT250516C0010500072105.010.0 - 12.513.83In
Call
SRPT250516C0011000037110.07.7 - 9.78.8Out
Call
SRPT250516C001150007115.05.8 - 7.85.98Out
Call
SRPT250516C00120000277120.04.5 - 5.75.13Out
Call
SRPT250516C0012500042125.03.4 - 4.24.1Out
Call
SRPT250516C0013000021130.02.3 - 4.34.0Out
Call
SRPT250516C0013500048135.01.25 - 2.752.68Out
Call
SRPT250516C00140000292140.00.8 - 2.41.9Out
Call
SRPT250516C0014500042145.00.0 - 3.02.48Out
Call
SRPT250516C0015000010150.00.15 - 2.22.35Out
Call
SRPT250516C001550003155.00.0 - 1.653.04Out
Call
SRPT250516C0016000021160.00.0 - 0.850.8Out
Call
SRPT250516C001650004165.00.0 - 2.451.5Out
Call
SRPT250516C0017000041170.00.0 - 1.51.05Out
Call
SRPT250516C0017500034175.00.05 - 0.51.5Out
Call
SRPT250516C0018000020180.00.0 - 2.30.75Out
Call
SRPT250516C0018500056185.00.0 - 2.30.97Out
Call
SRPT250516C001900006190.00.0 - 2.251.6Out
Call
SRPT250516C001950002195.00.0 - 2.251.45Out

Sarepta Therapeutics Corporate Management

Additional Tools for Sarepta Stock Analysis

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