ERAS251017C00001000 Option on Erasca Inc

ERAS Stock  USD 1.73  0.05  2.98%   
ERAS251017C00001000 is a PUT option contract on Erasca's common stock with a strick price of 1.0 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 $0.05, and an ask price of $1.0. The implied volatility as of the 23rd of July is 86.0.
When exercised, put options on Erasca produce a short position in Erasca Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Erasca's downside price movement.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that Erasca Inc will have an average daily up or down price movement of about 0.15% per day over the life of the option. With Erasca trading at USD 1.73, that is roughly USD 0.002672. If you think that the market is fully understating Erasca's daily price movement you should consider buying Erasca Inc options at that current volatility level of 2.47%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call Option on Erasca

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 Erasca 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 Erasca Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract NameERAS251017C00001000
Expires On2025-10-17
Days Before Expriration86
Delta0.851271
Vega0.001902
Gamma0.114392
Theoretical Value1.0
Open Interest16
Strike Price1.0
Last Traded At0.67
Current Price Spread0.05 | 1.0
Rule 16 Daily Up or DownUSD 0.002672

Erasca short PUT Option Greeks

Erasca's Option Greeks for the contract ending on 2025-10-17 at a strike price of 1.0 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 Erasca's option greeks, its implied volatility helps estimate the risk of Erasca stock implied by the prices of the options on Erasca's stock.
Delta0.851271
Gamma0.114392
Theta-0.002752
Vega0.001902
Rho0.001025

Erasca long PUT Option Payoff at expiration

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

Erasca short PUT Option Payoff at expiration

By selling Erasca's put option, the investors signal their bearish sentiment. A short position in a put option written on Erasca will generally make money when the underlying price is above the strike price. Therefore Erasca's put payoff at expiration depends on where the Erasca Stock price is relative to the put option strike price. The breakeven price of 2.0 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 Erasca's price. Finally, at the strike price of 1.0, the payoff chart is constant and positive.
   Profit   
       Erasca Price At Expiration  
View All Erasca Options

Erasca Inc Available Call Options

Erasca's option chain is a display of a range of information that helps investors for ways to trade options on Erasca. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Erasca. It also shows strike prices and maturity days for a Erasca 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
ERAS251017C0000750007.50.0 - 3.13.1Out
Call
ERAS251017C0000500005.00.0 - 3.13.1Out
Call
ERAS251017C00002500452.50.0 - 0.20.15Out
Call
ERAS251017C000020001302.00.0 - 0.50.18Out
Call
ERAS251017C00001500421.50.0 - 0.90.35In
Call
ERAS251017C00001000161.00.05 - 1.00.67In
Call
ERAS251017C0000050000.50.8 - 1.80.8In

Erasca Corporate Management

Michael VarneyScientific DevelopmentProfile
Minli XieSenior OperationsProfile
Lisa TesvichBonoraChief OfficerProfile
Nik ChetwynVP OperationsProfile
CPA MSVP FinProfile
Wei MDChief OfficerProfile
JD EsqGeneral SecretaryProfile

Additional Tools for Erasca Stock Analysis

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