UTHR250321C00380000 Option on United Therapeutics
UTHR Stock | USD 367.97 9.04 2.52% |
UTHR250321C00380000 is a PUT option contract on United Therapeutics' common stock with a strick price of 380.0 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 58 days remaining before the expiration. The option is currently trading at a bid price of $10.0, and an ask price of $16.0. The implied volatility as of the 22nd of January is 58.0.
United |
When exercised, put options on United Therapeutics produce a short position in United Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on United Therapeutics' downside price movement.
Rule 16 of 2025-03-21 Option Contract
The options market is anticipating that United Therapeutics will have an average daily up or down price movement of about 0.0159% per day over the life of the option. With United Therapeutics trading at USD 367.97, that is roughly USD 0.0586. If you think that the market is fully understating United Therapeutics' daily price movement you should consider buying United Therapeutics options at that current volatility level of 0.25%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Call Option on United Therapeutics
An 'Out of The Money' option on United has a strike price that United 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 United Therapeutics' 'Out of The Money' options include buying the options if you expect a big move in United 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 Name | UTHR250321C00380000 |
Expires On | 2025-03-21 |
Days Before Expriration | 58 |
Delta | 0.423396 |
Vega | 0.579261 |
Gamma | 0.010398 |
Theoretical Value | 11.0 |
Open Interest | 91 |
Current Trading Volume | 1.0 |
Strike Price | 380.0 |
Last Traded At | 11.0 |
Current Price Spread | 10.0 | 16.0 |
Rule 16 Daily Up or Down | USD 0.0586 |
United short PUT Option Greeks
United Therapeutics' Option Greeks for the contract ending on 2025-03-21 at a strike price of 380.0 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 United Therapeutics' option greeks, its implied volatility helps estimate the risk of United Therapeutics stock implied by the prices of the options on United Therapeutics' stock.
Delta | 0.423396 | |
Gamma | 0.010398 | |
Theta | -0.142544 | |
Vega | 0.579261 | |
Rho | 0.234072 |
United long PUT Option Payoff at expiration
Put options written on United Therapeutics grant holders of the option the right to sell a specified amount of United 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 United Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on United Therapeutics is like buying insurance aginst United Therapeutics' downside shift.
Profit |
United Therapeutics Price At Expiration |
United short PUT Option Payoff at expiration
By selling United Therapeutics' put option, the investors signal their bearish sentiment. A short position in a put option written on United Therapeutics will generally make money when the underlying price is above the strike price. Therefore United Therapeutics' put payoff at expiration depends on where the United Stock price is relative to the put option strike price. The breakeven price of 391.0 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 United Therapeutics' price. Finally, at the strike price of 380.0, the payoff chart is constant and positive.
Profit |
United Therapeutics Price At Expiration |
United Therapeutics Available Call Options
United Therapeutics' option chain is a display of a range of information that helps investors for ways to trade options on United. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for United. It also shows strike prices and maturity days for a United 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 Int | Strike Price | Current Spread | Last Price | |||
Call | UTHR250321C00380000 | 91 | 380.0 | 10.0 - 16.0 | 11.0 | Out |
Call | UTHR250321C00430000 | 0 | 430.0 | 0.3 - 10.0 | 0.3 | |
Call | UTHR250321C00440000 | 1 | 440.0 | 0.0 - 4.8 | 3.5 | Out |
Call | UTHR250321C00450000 | 1 | 450.0 | 0.0 - 4.8 | 3.2 | Out |
Call | UTHR250321C00460000 | 0 | 460.0 | 0.0 - 4.8 | 4.8 | |
Call | UTHR250321C00470000 | 1 | 470.0 | 0.0 - 4.8 | 1.8 | Out |
Call | UTHR250321C00480000 | 0 | 480.0 | 0.0 - 4.8 | 4.8 | |
Call | UTHR250321C00490000 | 0 | 490.0 | 0.0 - 4.8 | 4.8 | |
Call | UTHR250321C00500000 | 0 | 500.0 | 0.0 - 4.8 | 4.8 | |
Call | UTHR250321C00520000 | 0 | 520.0 | 0.0 - 4.8 | 4.8 | |
Call | UTHR250321C00540000 | 1 | 540.0 | 0.0 - 4.8 | 0.5 | Out |
United Therapeutics Corporate Management
Holly Hobson | Associate Resources | Profile | |
JD MBA | Chairman Founder | Profile | |
Gil Golden | Senior Officer | Profile | |
Dewey CFA | Head Relations | Profile | |
Kevin Gray | Senior Logistics | Profile |
Additional Tools for United Stock Analysis
When running United Therapeutics' price analysis, check to measure United 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 United Therapeutics is operating at the current time. Most of United Therapeutics' value examination focuses on studying past and present price action to predict the probability of United Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Therapeutics' price. Additionally, you may evaluate how the addition of United Therapeutics to your portfolios can decrease your overall portfolio volatility.