BBC251017P00012000 Option on Virtus LifeSci Biotech

BBC Etf  USD 21.64  0.03  0.14%   
BBC251017P00012000 is a PUT option contract on Virtus LifeSci's common stock with a strick price of 12.0 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 $0.7. The implied volatility as of the 21st of July is 88.0.
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 0.0589% per day over the life of the option. With Virtus LifeSci trading at USD 21.64, that is roughly USD 0.0127. 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 0.94%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Virtus LifeSci

An 'Out of The Money' option on Virtus has a strike price that Virtus Etf 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 Virtus LifeSci's 'Out of The Money' options include buying the options if you expect a big move in Virtus LifeSci'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 NameBBC251017P00012000
Expires On2025-10-17
Days Before Expriration88
Vega0.013637
Gamma0.012594
Theoretical Value0.35
Open Interest5
Strike Price12.0
Current Price Spread0.0 | 0.7
Rule 16 Daily Up or DownUSD 0.0127

Virtus short PUT Option Greeks

Virtus LifeSci's Option Greeks for the contract ending on 2025-10-17 at a strike price of 12.0 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.
Delta-0.065205
Gamma0.012594
Theta-0.006938
Vega0.013637
Rho-0.003988

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 11.65 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 12.0, the payoff chart is constant and positive.
   Profit   
       Virtus LifeSci Price At Expiration  
View All Virtus LifeSci Options

Virtus LifeSci Biotech Available Put 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
 Put
BBC251017P00027000027.04.7 - 5.94.7In
 Put
BBC251017P00026000026.03.7 - 5.03.7In
 Put
BBC251017P00025000025.02.9 - 4.42.9In
 Put
BBC251017P00024000024.02.1 - 3.22.1In
 Put
BBC251017P00023000023.01.8 - 2.551.8In
 Put
BBC251017P00022000022.00.85 - 2.050.85In
 Put
BBC251017P00021000021.00.45 - 1.650.45Out
 Put
BBC251017P00020000020.00.55 - 1.350.55Out
 Put
BBC251017P00019000119.00.0 - 1.151.15Out
 Put
BBC251017P00018000118.00.0 - 1.01.0Out
 Put
BBC251017P000160001216.00.0 - 0.350.35Out
 Put
BBC251017P00012000512.00.0 - 0.70.7Out
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.