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.
Vir |
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 Name | VIR250417P00012500 |
Expires On | 2025-04-17 |
Days Before Expriration | 83 |
Vega | 0.019063 |
Gamma | 0.109368 |
Theoretical Value | 2.63 |
Open Interest | 85 |
Strike Price | 12.5 |
Last Traded At | 2.5 |
Current Price Spread | 2.05 | 3.2 |
Rule 16 Daily Up or Down | USD 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 | |
Gamma | 0.109368 | |
Theta | -0.0069 | |
Vega | 0.019063 | |
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 |
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 Int | Strike Price | Current Spread | Last Price | |||
Put | VIR250417P00002500 | 0 | 2.5 | 0.0 - 2.75 | 2.75 | |
Put | VIR250417P00005000 | 102 | 5.0 | 0.0 - 0.75 | 0.75 | Out |
Put | VIR250417P00007500 | 128 | 7.5 | 0.0 - 0.45 | 0.3 | Out |
Put | VIR250417P00010000 | 127 | 10.0 | 0.8 - 1.2 | 1.15 | Out |
Put | VIR250417P00012500 | 85 | 12.5 | 2.05 - 3.2 | 2.5 | In |
Put | VIR250417P00015000 | 112 | 15.0 | 4.4 - 5.0 | 4.94 | In |
Put | VIR250417P00017500 | 0 | 17.5 | 5.4 - 7.8 | 5.4 | In |
Put | VIR250417P00020000 | 0 | 20.0 | 8.0 - 10.4 | 8.0 | In |
Put | VIR250417P00022500 | 0 | 22.5 | 10.1 - 12.9 | 10.1 | In |
Put | VIR250417P00025000 | 0 | 25.0 | 13.3 - 15.9 | 13.3 | In |
Vir Biotechnology Corporate Management
Vanina JD | General VP | Profile | |
Klaus Frueh | CoFounder Advisor | Profile | |
Lawrence MD | CoFounder Advisor | Profile | |
Johanna FriedlNaderer | Ex COO | Profile | |
George Scangos | CEO Pres | Profile | |
Louis MD | CoFounder Advisor | Profile |
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.