ARDX251017P00003000 Option on Ardelyx

ARDX Stock  USD 4.42  0.01  0.23%   
ARDX251017P00003000 is a PUT option contract on Ardelyx's common stock with a strick price of 3.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 88 days remaining before the expiration. The option is currently trading at an ask price of $0.25. The implied volatility as of the 21st of July is 88.0.
A put option written on Ardelyx becomes more valuable as the price of Ardelyx drops. Conversely, Ardelyx's put option loses its value as Ardelyx Stock rises.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that Ardelyx will have an average daily up or down price movement of about 0.0508% per day over the life of the option. With Ardelyx trading at USD 4.42, that is roughly USD 0.002245. If you think that the market is fully understating Ardelyx's daily price movement you should consider buying Ardelyx options at that current volatility level of 0.81%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Ardelyx

An 'Out of The Money' option on Ardelyx has a strike price that Ardelyx 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 Ardelyx's 'Out of The Money' options include buying the options if you expect a big move in Ardelyx'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 NameARDX251017P00003000
Expires On2025-10-17
Days Before Expriration88
Vega0.004353
Gamma0.111889
Theoretical Value0.13
Open Interest363
Strike Price3.0
Last Traded At0.29
Current Price Spread0.0 | 0.25
Rule 16 Daily Up or DownUSD 0.002245

Ardelyx short PUT Option Greeks

Ardelyx's Option Greeks for the contract ending on 2025-10-17 at a strike price of 3.0 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 Ardelyx's option greeks, its implied volatility helps estimate the risk of Ardelyx stock implied by the prices of the options on Ardelyx's stock.
Delta-0.118937
Gamma0.111889
Theta-0.001894
Vega0.004353
Rho-0.001453

Ardelyx long PUT Option Payoff at expiration

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

Ardelyx short PUT Option Payoff at expiration

By selling Ardelyx's put option, the investors signal their bearish sentiment. A short position in a put option written on Ardelyx will generally make money when the underlying price is above the strike price. Therefore Ardelyx's put payoff at expiration depends on where the Ardelyx Stock price is relative to the put option strike price. The breakeven price of 2.87 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 Ardelyx's price. Finally, at the strike price of 3.0, the payoff chart is constant and positive.
   Profit   
       Ardelyx Price At Expiration  
View All Ardelyx Options

Ardelyx Available Put Options

Ardelyx's option chain is a display of a range of information that helps investors for ways to trade options on Ardelyx. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Ardelyx. It also shows strike prices and maturity days for a Ardelyx 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
ARDX251017P00012000012.07.2 - 7.77.2In
 Put
ARDX251017P00011000011.06.3 - 7.06.3In
 Put
ARDX251017P00010000010.05.5 - 6.05.5In
 Put
ARDX251017P0000900009.04.3 - 6.64.3In
 Put
ARDX251017P0000800008.03.5 - 3.73.5In
 Put
ARDX251017P0000700007.02.55 - 3.02.55In
 Put
ARDX251017P00006000166.00.0 - 2.21.58In
 Put
ARDX251017P00005000385.00.0 - 1.050.77In
 Put
ARDX251017P000040006044.00.3 - 0.40.35Out
 Put
ARDX251017P000030003633.00.0 - 0.250.29Out
 Put
ARDX251017P0000200022.00.0 - 0.750.75Out

Ardelyx Corporate Management

Elizabeth EsqChief SecretaryProfile
James BradyChief OfficerProfile
Susan RodriguezChief OfficerProfile
Joseph ReillySenior OfficerProfile
CPA MSTCFO TreasurerProfile

Additional Tools for Ardelyx Stock Analysis

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