ADPT251017P00007500 Option on Adaptive Biotechnologies
ADPT Stock | USD 10.53 0.22 2.13% |
ADPT251017P00007500 is a PUT option contract on Adaptive Biotechnologies' common stock with a strick price of 7.5 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 86 days remaining before the expiration. The option is currently trading at a bid price of $0.35, and an ask price of $0.95. The implied volatility as of the 23rd of July is 86.0.
When exercised, put options on Adaptive Biotechnologies produce a short position in Adaptive Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Adaptive Biotechnologies' downside price movement.
Rule 16 of 2025-10-17 Option Contract
The options market is anticipating that Adaptive Biotechnologies Corp will have an average daily up or down price movement of about 0.0653% per day over the life of the option. With Adaptive Biotechnologies trading at USD 10.53, that is roughly USD 0.006871. If you think that the market is fully understating Adaptive Biotechnologies' daily price movement you should consider buying Adaptive Biotechnologies Corp options at that current volatility level of 1.04%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on Adaptive Biotechnologies
An 'Out of The Money' option on Adaptive has a strike price that Adaptive 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 Adaptive Biotechnologies' 'Out of The Money' options include buying the options if you expect a big move in Adaptive Biotechnologies' 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 Name | ADPT251017P00007500 |
Expires On | 2025-10-17 |
Days Before Expriration | 86 |
Vega | 0.013208 |
Gamma | 0.047975 |
Theoretical Value | 0.65 |
Open Interest | 118 |
Strike Price | 7.5 |
Last Traded At | 0.7 |
Current Price Spread | 0.35 | 0.95 |
Rule 16 Daily Up or Down | USD 0.006871 |
Adaptive short PUT Option Greeks
Adaptive Biotechnologies' Option Greeks for the contract ending on 2025-10-17 at a strike price of 7.5 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 Adaptive Biotechnologies' option greeks, its implied volatility helps estimate the risk of Adaptive Biotechnologies stock implied by the prices of the options on Adaptive Biotechnologies' stock.
Delta | -0.174137 | |
Gamma | 0.047975 | |
Theta | -0.007663 | |
Vega | 0.013208 | |
Rho | -0.005264 |
Adaptive long PUT Option Payoff at expiration
Put options written on Adaptive Biotechnologies grant holders of the option the right to sell a specified amount of Adaptive Biotechnologies 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 Adaptive Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Adaptive Biotechnologies is like buying insurance aginst Adaptive Biotechnologies' downside shift.
Profit |
Adaptive Biotechnologies Price At Expiration |
Adaptive short PUT Option Payoff at expiration
By selling Adaptive Biotechnologies' put option, the investors signal their bearish sentiment. A short position in a put option written on Adaptive Biotechnologies will generally make money when the underlying price is above the strike price. Therefore Adaptive Biotechnologies' put payoff at expiration depends on where the Adaptive Stock price is relative to the put option strike price. The breakeven price of 6.85 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 Adaptive Biotechnologies' price. Finally, at the strike price of 7.5, the payoff chart is constant and positive.
Profit |
Adaptive Biotechnologies Price At Expiration |
Adaptive Biotechnologies Available Put Options
Adaptive Biotechnologies' option chain is a display of a range of information that helps investors for ways to trade options on Adaptive. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Adaptive. It also shows strike prices and maturity days for a Adaptive Biotechnologies 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 | ADPT251017P00020000 | 0 | 20.0 | 8.2 - 11.8 | 8.2 | In |
Put | ADPT251017P00017500 | 0 | 17.5 | 4.6 - 9.3 | 4.6 | In |
Put | ADPT251017P00015000 | 3 | 15.0 | 2.95 - 7.0 | 4.1 | In |
Put | ADPT251017P00012500 | 4 | 12.5 | 1.7 - 5.0 | 2.85 | In |
Put | ADPT251017P00010000 | 31 | 10.0 | 0.0 - 2.25 | 0.9 | Out |
Put | ADPT251017P00007500 | 118 | 7.5 | 0.35 - 0.95 | 0.7 | Out |
Put | ADPT251017P00005000 | 5 | 5.0 | 0.0 - 0.3 | 0.36 | Out |
Put | ADPT251017P00002500 | 0 | 2.5 | 0.0 - 0.95 | 0.95 |
Adaptive Biotechnologies Corporate Management
Stacy JD | General VP | Profile | |
Stacy Taylor | General VP | Profile | |
Yi Zhou | Chief Officer | Profile | |
Tycho Peterson | Chief Officer | Profile | |
Kyle Piskel | Principal Officer | Profile | |
Susan Bobulsky | Chief MRD | Profile |
Additional Tools for Adaptive Stock Analysis
When running Adaptive Biotechnologies' price analysis, check to measure Adaptive Biotechnologies' 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 Adaptive Biotechnologies is operating at the current time. Most of Adaptive Biotechnologies' value examination focuses on studying past and present price action to predict the probability of Adaptive Biotechnologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adaptive Biotechnologies' price. Additionally, you may evaluate how the addition of Adaptive Biotechnologies to your portfolios can decrease your overall portfolio volatility.