BBC251017C00015000 Option on Virtus LifeSci Biotech

BBC Etf  USD 21.52  0.09  0.42%   
BBC251017C00015000 is a PUT option contract on Virtus LifeSci's common stock with a strick price of 15.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 87 days remaining before the expiration. The option is currently trading at a bid price of $6.3, and an ask price of $7.7. The implied volatility as of the 22nd of July is 87.0.
A put option written on Virtus LifeSci becomes more valuable as the price of Virtus LifeSci drops. Conversely, Virtus LifeSci's put option loses its value as Virtus Etf rises.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that Virtus LifeSci Biotech will have an average daily up or down price movement of about 0.0363% per day over the life of the option. With Virtus LifeSci trading at USD 21.52, that is roughly USD 0.007818. If you think that the market is fully understating Virtus LifeSci's daily price movement you should consider buying Virtus LifeSci Biotech options at that current volatility level of 0.58%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call Option on Virtus LifeSci

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 Virtus LifeSci 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 Virtus Etf have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract NameBBC251017C00015000
Expires On2025-10-17
Days Before Expriration87
Delta0.925938
Vega0.015042
Gamma0.022479
Theoretical Value7.0
Open Interest2
Strike Price15.0
Current Price Spread6.3 | 7.7
Rule 16 Daily Up or DownUSD 0.007818

Virtus short PUT Option Greeks

Virtus LifeSci's Option Greeks for the contract ending on 2025-10-17 at a strike price of 15.0 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 Virtus LifeSci's option greeks, its implied volatility helps estimate the risk of Virtus LifeSci stock implied by the prices of the options on Virtus LifeSci's stock.
Delta0.925938
Gamma0.022479
Theta-0.006429
Vega0.015042
Rho0.032067

Virtus long PUT Option Payoff at expiration

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

Virtus short PUT Option Payoff at expiration

By selling Virtus LifeSci's put option, the investors signal their bearish sentiment. A short position in a put option written on Virtus LifeSci will generally make money when the underlying price is above the strike price. Therefore Virtus LifeSci's put payoff at expiration depends on where the Virtus Etf price is relative to the put option strike price. The breakeven price of 22.0 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 Virtus LifeSci's price. Finally, at the strike price of 15.0, the payoff chart is constant and positive.
   Profit   
       Virtus LifeSci Price At Expiration  
View All Virtus LifeSci Options

Virtus LifeSci Biotech Available Call Options

Virtus LifeSci's option chain is a display of a range of information that helps investors for ways to trade options on Virtus. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Virtus. It also shows strike prices and maturity days for a Virtus LifeSci 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
Call
BBC251017C00027000027.00.0 - 0.950.95Out
Call
BBC251017C00026000026.00.0 - 1.01.0Out
Call
BBC251017C000250002325.00.2 - 0.60.2Out
Call
BBC251017C00024000024.00.1 - 1.450.1Out
Call
BBC251017C00023000323.00.65 - 1.20.3Out
Call
BBC251017C00022000022.01.0 - 2.151.0Out
Call
BBC251017C00021000021.01.6 - 2.71.6In
Call
BBC251017C0002000014420.02.3 - 2.83.0In
Call
BBC251017C000190001019.02.8 - 4.12.12In
Call
BBC251017C00018000018.03.6 - 5.03.6In
Call
BBC251017C00017000717.04.5 - 5.34.5In
Call
BBC251017C00015000215.06.3 - 7.76.3In
When determining whether Virtus LifeSci Biotech is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Virtus Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Virtus Lifesci Biotech Etf. Highlighted below are key reports to facilitate an investment decision about Virtus Lifesci Biotech Etf:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Virtus LifeSci Biotech. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
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The market value of Virtus LifeSci Biotech is measured differently than its book value, which is the value of Virtus that is recorded on the company's balance sheet. Investors also form their own opinion of Virtus LifeSci's value that differs from its market value or its book value, called intrinsic value, which is Virtus LifeSci'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 Virtus LifeSci's market value can be influenced by many factors that don't directly affect Virtus LifeSci'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 Virtus LifeSci's value and its price as these two are different measures arrived at by different means. Investors typically determine if Virtus LifeSci is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virtus LifeSci'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.