ALIT250815P00006000 Option on Alight Inc
ALIT Stock | USD 5.68 0.25 4.22% |
ALIT250815P00006000 is a PUT option contract on Alight's common stock with a strick price of 6.0 expiring on 2025-08-15. The contract was not traded in recent days and, as of today, has 33 days remaining before the expiration. The option is currently trading at a bid price of $0.5, and an ask price of $0.6. The implied volatility as of the 13th of July 2025 is 33.0.
When exercised, put options on Alight produce a short position in Alight Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Alight's downside price movement.
Rule 16 of 2025-08-15 Option Contract
The options market is anticipating that Alight Inc will have an average daily up or down price movement of about 0.033% per day over the life of the option. With Alight trading at USD 5.68, that is roughly USD 0.001872. If you think that the market is fully understating Alight's daily price movement you should consider buying Alight Inc options at that current volatility level of 0.53%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Put Option on Alight
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 Alight 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 Alight 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 | ALIT250815P00006000 |
Expires On | 2025-08-15 |
Days Before Expriration | 33 |
Vega | 0.006679 |
Gamma | 0.423276 |
Theoretical Value | 0.55 |
Open Interest | 209 |
Current Trading Volume | 2.0 |
Strike Price | 6.0 |
Last Traded At | 0.45 |
Current Price Spread | 0.5 | 0.6 |
Rule 16 Daily Up or Down | USD 0.001872 |
Alight short PUT Option Greeks
Alight's Option Greeks for the contract ending on 2025-08-15 at a strike price of 6.0 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 Alight's option greeks, its implied volatility helps estimate the risk of Alight stock implied by the prices of the options on Alight's stock.
Delta | -0.599258 | |
Gamma | 0.423276 | |
Theta | -0.005007 | |
Vega | 0.006679 | |
Rho | -0.00304 |
Alight long PUT Option Payoff at expiration
Put options written on Alight grant holders of the option the right to sell a specified amount of Alight 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 Alight Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Alight is like buying insurance aginst Alight's downside shift.
Profit |
Alight Price At Expiration |
Alight short PUT Option Payoff at expiration
By selling Alight's put option, the investors signal their bearish sentiment. A short position in a put option written on Alight will generally make money when the underlying price is above the strike price. Therefore Alight's put payoff at expiration depends on where the Alight Stock price is relative to the put option strike price. The breakeven price of 5.45 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 Alight's price. Finally, at the strike price of 6.0, the payoff chart is constant and positive.
Profit |
Alight Price At Expiration |
Alight Inc Available Put Options
Alight's option chain is a display of a range of information that helps investors for ways to trade options on Alight. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Alight. It also shows strike prices and maturity days for a Alight 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 | ALIT250815P00014000 | 0 | 14.0 | 8.2 - 8.4 | 8.2 | In |
Put | ALIT250815P00013000 | 0 | 13.0 | 7.2 - 7.4 | 7.2 | In |
Put | ALIT250815P00012000 | 0 | 12.0 | 6.2 - 6.4 | 6.2 | In |
Put | ALIT250815P00011000 | 0 | 11.0 | 5.2 - 5.4 | 5.2 | In |
Put | ALIT250815P00010000 | 0 | 10.0 | 4.2 - 4.4 | 4.2 | In |
Put | ALIT250815P00009000 | 186 | 9.0 | 3.2 - 3.4 | 3.2 | In |
Put | ALIT250815P00008000 | 67 | 8.0 | 2.25 - 2.45 | 2.2 | In |
Put | ALIT250815P00007000 | 26 | 7.0 | 1.3 - 1.65 | 1.1 | In |
Put | ALIT250815P00006000 | 209 | 6.0 | 0.5 - 0.6 | 0.45 | In |
Put | ALIT250815P00005000 | 15147 | 5.0 | 0.05 - 0.15 | 0.1 | Out |
Put | ALIT250815P00004000 | 738 | 4.0 | 0.0 - 0.35 | 0.35 | Out |
Alight Corporate Management
Cesar Jelvez | Chief Officer | Profile | |
Robert Sturrus | Chief Officer | Profile | |
Jeremy Cohen | Vice Relations | Profile | |
David Essary | Chief Officer | Profile | |
Gregory Faje | VP Relations | Profile | |
Jeremy Heaton | Operating Officer | Profile | |
Stephan Scholl | CEO Director | Profile |
Additional Tools for Alight Stock Analysis
When running Alight's price analysis, check to measure Alight'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 Alight is operating at the current time. Most of Alight's value examination focuses on studying past and present price action to predict the probability of Alight's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alight's price. Additionally, you may evaluate how the addition of Alight to your portfolios can decrease your overall portfolio volatility.