VIRT250321P00037000 Option on Virtu Financial

VIRT Stock  USD 39.67  0.06  0.15%   
VIRT250321P00037000 is a PUT option contract on Virtu Financial's common stock with a strick price of 37.0 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 49 days remaining before the expiration. The option is currently trading at a bid price of $1.25, and an ask price of $1.4. The implied volatility as of the 31st of January is 49.0.
  
When exercised, put options on Virtu Financial produce a short position in Virtu Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Virtu Financial's downside price movement.

Rule 16 of 2025-03-21 Option Contract

The options market is anticipating that Virtu Financial will have an average daily up or down price movement of about 0.0259% per day over the life of the option. With Virtu Financial trading at USD 39.67, that is roughly USD 0.0103. If you think that the market is fully understating Virtu Financial's daily price movement you should consider buying Virtu Financial options at that current volatility level of 0.41%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Virtu Financial

An 'Out of The Money' option on Virtu has a strike price that Virtu 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 Virtu Financial's 'Out of The Money' options include buying the options if you expect a big move in Virtu Financial's 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 NameVIRT250321P00037000
Expires On2025-03-21
Days Before Expriration49
Vega0.05366
Gamma0.055269
Theoretical Value1.35
Open Interest85
Current Trading Volume11.0
Strike Price37.0
Last Traded At1.35
Current Price Spread1.25 | 1.4
Rule 16 Daily Up or DownUSD 0.0103

Virtu short PUT Option Greeks

Virtu Financial's Option Greeks for the contract ending on 2025-03-21 at a strike price of 37.0 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 Virtu Financial's option greeks, its implied volatility helps estimate the risk of Virtu Financial stock implied by the prices of the options on Virtu Financial's stock.
Delta-0.305322
Gamma0.055269
Theta-0.019448
Vega0.05366
Rho-0.01789

Virtu long PUT Option Payoff at expiration

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

Virtu short PUT Option Payoff at expiration

By selling Virtu Financial's put option, the investors signal their bearish sentiment. A short position in a put option written on Virtu Financial will generally make money when the underlying price is above the strike price. Therefore Virtu Financial's put payoff at expiration depends on where the Virtu Stock price is relative to the put option strike price. The breakeven price of 35.65 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 Virtu Financial's price. Finally, at the strike price of 37.0, the payoff chart is constant and positive.
   Profit   
       Virtu Financial Price At Expiration  
View All Virtu Financial Options

Virtu Financial Available Put Options

Virtu Financial's option chain is a display of a range of information that helps investors for ways to trade options on Virtu. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Virtu. It also shows strike prices and maturity days for a Virtu Financial 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
VIRT250321P000150001015.00.0 - 0.10.05Out
 Put
VIRT250321P00016000416.00.0 - 0.150.15Out
 Put
VIRT250321P00017000217.00.0 - 0.50.05Out
 Put
VIRT250321P00019000219.00.0 - 0.50.17Out
 Put
VIRT250321P000200004720.00.0 - 0.50.1Out
 Put
VIRT250321P00021000321.00.0 - 0.50.1Out
 Put
VIRT250321P00022000322.00.0 - 0.50.26Out
 Put
VIRT250321P00023000323.00.0 - 0.50.15Out
 Put
VIRT250321P00024000624.00.0 - 0.50.13Out
 Put
VIRT250321P000250008325.00.0 - 0.150.08Out
 Put
VIRT250321P000260008326.00.0 - 0.50.13Out
 Put
VIRT250321P000270002727.00.0 - 0.50.27Out
 Put
VIRT250321P000280003928.00.0 - 0.50.37Out
 Put
VIRT250321P0002900010129.00.05 - 0.50.3Out
 Put
VIRT250321P0003000016230.00.1 - 0.250.18Out
 Put
VIRT250321P000310002831.00.15 - 0.30.38Out
 Put
VIRT250321P000320004132.00.25 - 0.40.37Out
 Put
VIRT250321P000330002233.00.35 - 0.50.43Out
 Put
VIRT250321P000340002134.00.5 - 0.650.55Out
 Put
VIRT250321P000350006935.00.65 - 0.80.8Out
 Put
VIRT250321P000360002136.00.9 - 1.11.07Out
 Put
VIRT250321P000370008537.01.25 - 1.41.35Out
 Put
VIRT250321P000380001638.01.55 - 1.82.0Out
 Put
VIRT250321P000390002839.02.05 - 2.252.2Out
 Put
VIRT250321P00040000040.02.15 - 2.952.75In
 Put
VIRT250321P00041000841.02.05 - 3.36.1In
 Put
VIRT250321P00042000142.02.35 - 4.85.7In
 Put
VIRT250321P00043000043.03.9 - 5.53.9In
 Put
VIRT250321P00044000044.04.6 - 6.34.6In
 Put
VIRT250321P00045000045.05.3 - 6.65.3In

Virtu Financial Corporate Management

Justin WaldieGeneral VPProfile
Justin JDGeneral VPProfile
Stephen SrExecutive ServicesProfile
Cindy LeeChief OfficerProfile

Additional Tools for Virtu Stock Analysis

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