ZH250321P00005000 Option on Zhihu Inc ADR
ZH Stock | USD 3.45 0.02 0.58% |
ZH250321P00005000 is a PUT option contract on Zhihu's common stock with a strick price of 5.0 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 $1.6, and an ask price of $1.75. The implied volatility as of the 7th of February is 42.0.
Zhihu |
A put option written on Zhihu becomes more valuable as the price of Zhihu drops. Conversely, Zhihu's put option loses its value as Zhihu Stock rises.
Rule 16 of 2025-03-21 Option Contract
The options market is anticipating that Zhihu Inc ADR will have an average daily up or down price movement of about 0.0582% per day over the life of the option. With Zhihu trading at USD 3.45, that is roughly USD 0.002007. If you think that the market is fully understating Zhihu's daily price movement you should consider buying Zhihu Inc ADR options at that current volatility level of 0.93%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Put Option on Zhihu
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 Zhihu 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 Zhihu 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 | ZH250321P00005000 |
Expires On | 2025-03-21 |
Days Before Expriration | 42 |
Vega | 0.002941 |
Gamma | 0.22412 |
Theoretical Value | 1.6 |
Open Interest | 30 |
Current Trading Volume | 155.0 |
Strike Price | 5.0 |
Last Traded At | 1.6 |
Current Price Spread | 1.6 | 1.75 |
Rule 16 Daily Up or Down | USD 0.002007 |
Zhihu short PUT Option Greeks
Zhihu's Option Greeks for the contract ending on 2025-03-21 at a strike price of 5.0 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 Zhihu's option greeks, its implied volatility helps estimate the risk of Zhihu stock implied by the prices of the options on Zhihu's stock.
Delta | -0.837279 | |
Gamma | 0.22412 | |
Theta | -0.002788 | |
Vega | 0.002941 | |
Rho | -0.00325 |
Zhihu long PUT Option Payoff at expiration
Put options written on Zhihu grant holders of the option the right to sell a specified amount of Zhihu 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 Zhihu Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Zhihu is like buying insurance aginst Zhihu's downside shift.
Profit |
Zhihu Price At Expiration |
Zhihu short PUT Option Payoff at expiration
By selling Zhihu's put option, the investors signal their bearish sentiment. A short position in a put option written on Zhihu will generally make money when the underlying price is above the strike price. Therefore Zhihu's put payoff at expiration depends on where the Zhihu Stock price is relative to the put option strike price. The breakeven price of 3.4 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 Zhihu's price. Finally, at the strike price of 5.0, the payoff chart is constant and positive.
Profit |
Zhihu Price At Expiration |
Zhihu Inc ADR Available Put Options
Zhihu's option chain is a display of a range of information that helps investors for ways to trade options on Zhihu. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Zhihu. It also shows strike prices and maturity days for a Zhihu 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 | ZH250321P00002500 | 73 | 2.5 | 0.0 - 0.2 | 0.15 | Out |
Put | ZH250321P00005000 | 30 | 5.0 | 1.6 - 1.75 | 1.6 | In |
Put | ZH250321P00007500 | 0 | 7.5 | 3.9 - 4.5 | 3.9 | In |
Zhihu Corporate Management
Dahai Li | CTO Director | Profile | |
Bin Sun | Chief Officer | Profile | |
Yuan Zhou | Chairman Founder | Profile | |
Wei Sun | CFO Director | Profile | |
Yee Lau | Company Secretary | Profile | |
Wang Han | Chief Officer | Profile | |
Han Wang | Chief Officer | Profile |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zhihu Inc ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Zhihu. If investors know Zhihu will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Zhihu listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.54) | Revenue Per Share | Quarterly Revenue Growth (0.11) | Return On Assets | Return On Equity |
The market value of Zhihu Inc ADR is measured differently than its book value, which is the value of Zhihu that is recorded on the company's balance sheet. Investors also form their own opinion of Zhihu's value that differs from its market value or its book value, called intrinsic value, which is Zhihu's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Zhihu's market value can be influenced by many factors that don't directly affect Zhihu's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Zhihu's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zhihu is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zhihu's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.