EXTR250919C00021000 Option on Extreme Networks
EXTR Stock | USD 17.52 0.04 0.23% |
EXTR250919C00021000 is a PUT option contract on Extreme Networks' common stock with a strick price of 21.0 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 60 days remaining before the expiration. The option is currently trading at an ask price of $0.6. The implied volatility as of the 21st of July is 60.0.
When exercised, put options on Extreme Networks produce a short position in Extreme Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Extreme Networks' downside price movement.
Rule 16 of 2025-09-19 Option Contract
The options market is anticipating that Extreme Networks will have an average daily up or down price movement of about 0.0271% per day over the life of the option. With Extreme Networks trading at USD 17.52, that is roughly USD 0.004753. If you think that the market is fully understating Extreme Networks' daily price movement you should consider buying Extreme Networks options at that current volatility level of 0.43%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Call Option on Extreme Networks
An 'Out of The Money' option on Extreme has a strike price that Extreme 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 Extreme Networks' 'Out of The Money' options include buying the options if you expect a big move in Extreme Networks' 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.
Call Contract Name | EXTR250919C00021000 |
Expires On | 2025-09-19 |
Days Before Expriration | 60 |
Delta | 0.188902 |
Vega | 0.019525 |
Gamma | 0.086272 |
Theoretical Value | 0.3 |
Open Interest | 52 |
Strike Price | 21.0 |
Last Traded At | 0.48 |
Current Price Spread | 0.0 | 0.6 |
Rule 16 Daily Up or Down | USD 0.004753 |
Extreme short PUT Option Greeks
Extreme Networks' Option Greeks for the contract ending on 2025-09-19 at a strike price of 21.0 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 Extreme Networks' option greeks, its implied volatility helps estimate the risk of Extreme Networks stock implied by the prices of the options on Extreme Networks' stock.
Delta | 0.188902 | |
Gamma | 0.086272 | |
Theta | -0.007195 | |
Vega | 0.019525 | |
Rho | 0.005112 |
Extreme long PUT Option Payoff at expiration
Put options written on Extreme Networks grant holders of the option the right to sell a specified amount of Extreme Networks 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 Extreme Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Extreme Networks is like buying insurance aginst Extreme Networks' downside shift.
Profit |
Extreme Networks Price At Expiration |
Extreme short PUT Option Payoff at expiration
By selling Extreme Networks' put option, the investors signal their bearish sentiment. A short position in a put option written on Extreme Networks will generally make money when the underlying price is above the strike price. Therefore Extreme Networks' put payoff at expiration depends on where the Extreme Stock price is relative to the put option strike price. The breakeven price of 21.3 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 Extreme Networks' price. Finally, at the strike price of 21.0, the payoff chart is constant and positive.
Profit |
Extreme Networks Price At Expiration |
Extreme Networks Available Call Options
Extreme Networks' option chain is a display of a range of information that helps investors for ways to trade options on Extreme. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Extreme. It also shows strike prices and maturity days for a Extreme Networks 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 | |||
Call | EXTR250919C00035000 | 1 | 35.0 | 0.0 - 0.75 | 0.75 | Out |
Call | EXTR250919C00030000 | 0 | 30.0 | 0.0 - 0.75 | 0.75 | |
Call | EXTR250919C00025000 | 0 | 25.0 | 0.0 - 0.75 | 0.75 | |
Call | EXTR250919C00024000 | 3 | 24.0 | 0.0 - 0.75 | 0.12 | Out |
Call | EXTR250919C00023000 | 3 | 23.0 | 0.0 - 0.45 | 0.45 | Out |
Call | EXTR250919C00022000 | 61 | 22.0 | 0.0 - 0.25 | 0.4 | Out |
Call | EXTR250919C00021000 | 52 | 21.0 | 0.0 - 0.6 | 0.48 | Out |
Call | EXTR250919C00020000 | 27 | 20.0 | 0.15 - 0.6 | 0.4 | Out |
Call | EXTR250919C00019000 | 20 | 19.0 | 0.0 - 0.9 | 1.25 | Out |
Call | EXTR250919C00018000 | 26 | 18.0 | 0.75 - 1.2 | 0.75 | Out |
Call | EXTR250919C00017000 | 49 | 17.0 | 1.2 - 2.5 | 2.41 | In |
Call | EXTR250919C00016000 | 34 | 16.0 | 2.2 - 2.4 | 2.25 | In |
Call | EXTR250919C00015000 | 34 | 15.0 | 2.45 - 4.6 | 2.79 | In |
Call | EXTR250919C00014000 | 30 | 14.0 | 3.5 - 4.9 | 3.15 | In |
Call | EXTR250919C00013000 | 18 | 13.0 | 4.6 - 5.8 | 3.85 | In |
Call | EXTR250919C00012000 | 7 | 12.0 | 5.3 - 7.0 | 5.3 | In |
Call | EXTR250919C00011000 | 11 | 11.0 | 6.2 - 7.4 | 5.8 | In |
Call | EXTR250919C00010000 | 1 | 10.0 | 7.2 - 8.8 | 7.2 | In |
Extreme Networks Corporate Management
Joseph Vitalone | Chief Officer | Profile | |
Gina Christopher | Deputy Counsel | Profile | |
Paul Semak | Senior International | Profile | |
Rmi Thomas | Ex CFO | Profile | |
Wesley Durow | Chief Officer | Profile |
Additional Tools for Extreme Stock Analysis
When running Extreme Networks' price analysis, check to measure Extreme Networks' 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 Extreme Networks is operating at the current time. Most of Extreme Networks' value examination focuses on studying past and present price action to predict the probability of Extreme Networks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Extreme Networks' price. Additionally, you may evaluate how the addition of Extreme Networks to your portfolios can decrease your overall portfolio volatility.