VIR250417P00012500 Option on Vir Biotechnology

VIR Stock  USD 10.63  0.57  5.09%   
VIR250417P00012500 is a PUT option contract on Vir Biotechnology's common stock with a strick price of 12.5 expiring on 2025-04-17. The contract was not traded in recent days and, as of today, has 83 days remaining before the expiration. The option is currently trading at a bid price of $2.05, and an ask price of $3.2. The implied volatility as of the 24th of January is 83.0.
  
When exercised, put options on Vir Biotechnology produce a short position in Vir Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Vir Biotechnology's downside price movement.

Rule 16 of 2025-04-17 Option Contract

The options market is anticipating that Vir Biotechnology will have an average daily up or down price movement of about 0.043% per day over the life of the option. With Vir Biotechnology trading at USD 10.63, that is roughly USD 0.004576. If you think that the market is fully understating Vir Biotechnology's daily price movement you should consider buying Vir Biotechnology 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 Put Option on Vir Biotechnology

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 Vir Biotechnology 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 Vir Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Put Contract NameVIR250417P00012500
Expires On2025-04-17
Days Before Expriration83
Vega0.019063
Gamma0.109368
Theoretical Value2.63
Open Interest85
Strike Price12.5
Last Traded At2.5
Current Price Spread2.05 | 3.2
Rule 16 Daily Up or DownUSD 0.004576

Vir short PUT Option Greeks

Vir Biotechnology's Option Greeks for the contract ending on 2025-04-17 at a strike price of 12.5 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 Vir Biotechnology's option greeks, its implied volatility helps estimate the risk of Vir Biotechnology stock implied by the prices of the options on Vir Biotechnology's stock.
Delta-0.63263
Gamma0.109368
Theta-0.0069
Vega0.019063
Rho-0.015777

Vir long PUT Option Payoff at expiration

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

Vir short PUT Option Payoff at expiration

By selling Vir Biotechnology's put option, the investors signal their bearish sentiment. A short position in a put option written on Vir Biotechnology will generally make money when the underlying price is above the strike price. Therefore Vir Biotechnology's put payoff at expiration depends on where the Vir Stock price is relative to the put option strike price. The breakeven price of 9.87 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 Vir Biotechnology's price. Finally, at the strike price of 12.5, the payoff chart is constant and positive.
   Profit   
       Vir Biotechnology Price At Expiration  
View All Vir Biotechnology Options

Vir Biotechnology Available Put Options

Vir Biotechnology's option chain is a display of a range of information that helps investors for ways to trade options on Vir. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Vir. It also shows strike prices and maturity days for a Vir Biotechnology 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
VIR250417P0000250002.50.0 - 2.752.75Out
 Put
VIR250417P000050001025.00.0 - 0.750.75Out
 Put
VIR250417P000075001287.50.0 - 0.450.3Out
 Put
VIR250417P0001000012710.00.8 - 1.21.15Out
 Put
VIR250417P000125008512.52.05 - 3.22.5In
 Put
VIR250417P0001500011215.04.4 - 5.04.94In
 Put
VIR250417P00017500017.55.4 - 7.85.4In
 Put
VIR250417P00020000020.08.0 - 10.48.0In
 Put
VIR250417P00022500022.510.1 - 12.910.1In
 Put
VIR250417P00025000025.013.3 - 15.913.3In

Vir Biotechnology Corporate Management

Additional Tools for Vir Stock Analysis

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