VIAV250321C00009000 Option on Viavi Solutions

VIAV Stock  USD 12.80  0.13  1.03%   
VIAV250321C00009000 is a PUT option contract on Viavi Solutions' 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 42 days remaining before the expiration. The option is currently trading at a bid price of $3.6, and an ask price of $3.8. The implied volatility as of the 7th of February is 42.0.
  
When exercised, put options on Viavi Solutions produce a short position in Viavi Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Viavi Solutions' downside price movement.

Rule 16 of 2025-03-21 Option Contract

The options market is anticipating that Viavi Solutions will have an average daily up or down price movement of about 0.0431% per day over the life of the option. With Viavi Solutions trading at USD 12.8, that is roughly USD 0.005511. If you think that the market is fully understating Viavi Solutions' daily price movement you should consider buying Viavi Solutions options at that current volatility level of 0.69%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call Option on Viavi Solutions

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 Viavi Solutions 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 Viavi 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 NameVIAV250321C00009000
Expires On2025-03-21
Days Before Expriration42
Delta0.941981
Vega0.005105
Gamma0.038281
Theoretical Value3.8
Open Interest66
Strike Price9.0
Last Traded At3.38
Current Price Spread3.6 | 3.8
Rule 16 Daily Up or DownUSD 0.005511

Viavi short PUT Option Greeks

Viavi Solutions' 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 Viavi Solutions' option greeks, its implied volatility helps estimate the risk of Viavi Solutions stock implied by the prices of the options on Viavi Solutions' stock.
Delta0.941981
Gamma0.038281
Theta-0.004968
Vega0.005105
Rho0.009806

Viavi long PUT Option Payoff at expiration

Put options written on Viavi Solutions grant holders of the option the right to sell a specified amount of Viavi Solutions 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 Viavi Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Viavi Solutions is like buying insurance aginst Viavi Solutions' downside shift.
   Profit   
       Viavi Solutions Price At Expiration  

Viavi short PUT Option Payoff at expiration

By selling Viavi Solutions' put option, the investors signal their bearish sentiment. A short position in a put option written on Viavi Solutions will generally make money when the underlying price is above the strike price. Therefore Viavi Solutions' put payoff at expiration depends on where the Viavi Stock price is relative to the put option strike price. The breakeven price of 12.8 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 Viavi Solutions' price. Finally, at the strike price of 9.0, the payoff chart is constant and positive.
   Profit   
       Viavi Solutions Price At Expiration  
View All Viavi Solutions Options

Viavi Solutions Available Call Options

Viavi Solutions' option chain is a display of a range of information that helps investors for ways to trade options on Viavi. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Viavi. It also shows strike prices and maturity days for a Viavi Solutions 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
VIAV250321C0000700027.04.5 - 7.11.6In
Call
VIAV250321C00008000258.03.8 - 6.12.84In
Call
VIAV250321C00009000669.03.6 - 3.83.38In
Call
VIAV250321C000100006810.02.7 - 2.852.82In
Call
VIAV250321C0001100021011.01.75 - 1.91.93In
Call
VIAV250321C0001200030612.01.0 - 1.151.05In
Call
VIAV250321C0001300017013.00.4 - 0.550.5Out
Call
VIAV250321C0001400013714.00.1 - 0.20.15Out
Call
VIAV250321C0001500051415.00.0 - 0.10.05Out
Call
VIAV250321C00016000016.00.0 - 0.750.75Out
Call
VIAV250321C00017000017.00.0 - 0.750.75Out
Call
VIAV250321C00018000018.00.0 - 0.750.75Out
Call
VIAV250321C00019000019.00.0 - 0.750.75Out
Call
VIAV250321C00020000020.00.0 - 1.21.2Out
Call
VIAV250321C00025000025.00.0 - 0.750.75Out

Viavi Solutions Corporate Management

Petra NagelSenior ResourcesProfile
Pamela AventGlobal ControllerProfile
Sagar HebbarHead RelationsProfile
Michael SeidlSr ManagementProfile
Jim VelerChief OfficerProfile

Additional Tools for Viavi Stock Analysis

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