VIAV250321P00007000 Option on Viavi Solutions

VIAV Stock  USD 9.99  0.10  1.01%   
VIAV250321P00007000 is a PUT option contract on Viavi Solutions' common stock with a strick price of 7.0 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 $0.15. The implied volatility as of the 30th of January is 50.0.
  
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 0.0419% per day over the life of the option. With Viavi Solutions trading at USD 9.99, that is roughly USD 0.004188. 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 0.67%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Viavi Solutions

An 'Out of The Money' option on Viavi has a strike price that Viavi 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 Viavi Solutions' 'Out of The Money' options include buying the options if you expect a big move in Viavi Solutions' 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 NameVIAV250321P00007000
Expires On2025-03-21
Days Before Expriration50
Vega0.004576
Gamma0.049854
Theoretical Value0.08
Open Interest2
Strike Price7.0
Last Traded At0.23
Current Price Spread0.0 | 0.15
Rule 16 Daily Up or DownUSD 0.004188

Viavi short PUT Option Greeks

Viavi Solutions' Option Greeks for the contract ending on 2025-03-21 at a strike price of 7.0 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.
Delta-0.062936
Gamma0.049854
Theta-0.002931
Vega0.004576
Rho-9.03E-4

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 6.92 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 7.0, the payoff chart is constant and positive.
   Profit   
       Viavi Solutions Price At Expiration  
View All Viavi Solutions Options

Viavi Solutions Available Put 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
 Put
VIAV250321P0000700027.00.0 - 0.150.23Out
 Put
VIAV250321P0000800008.00.0 - 0.20.2Out
 Put
VIAV250321P0000900019.00.25 - 0.40.23Out
 Put
VIAV250321P0001000015510.00.65 - 0.950.33In
 Put
VIAV250321P00011000211.01.3 - 1.41.07In
 Put
VIAV250321P000120004012.01.1 - 3.42.05In
 Put
VIAV250321P00013000013.01.95 - 4.22.5In
 Put
VIAV250321P00014000114.02.9 - 5.33.47In
 Put
VIAV250321P00015000015.05.0 - 6.34.4In
 Put
VIAV250321P00016000016.04.9 - 7.34.9In

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.