EXTR250919P00015000 Option on Extreme Networks

EXTR Stock  USD 17.73  0.21  1.20%   
EXTR250919P00015000 is a PUT option contract on Extreme Networks' common stock with a strick price of 15.0 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 $0.75. 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 0.0302% per day over the life of the option. With Extreme Networks trading at USD 17.73, that is roughly USD 0.005346. 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 0.48%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put 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.
Put Contract NameEXTR250919P00015000
Expires On2025-09-19
Days Before Expriration60
Vega0.018981
Gamma0.075687
Theoretical Value0.38
Open Interest4
Strike Price15.0
Last Traded At0.85
Current Price Spread0.0 | 0.75
Rule 16 Daily Up or DownUSD 0.005346

Extreme short PUT Option Greeks

Extreme Networks' Option Greeks for the contract ending on 2025-09-19 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 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-0.18056
Gamma0.075687
Theta-0.007003
Vega0.018981
Rho-0.005414

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 14.62 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 15.0, the payoff chart is constant and positive.
   Profit   
       Extreme Networks Price At Expiration  
View All Extreme Networks Options

Extreme Networks Available Put 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 IntStrike PriceCurrent SpreadLast Price
 Put
EXTR250919P00035000035.017.1 - 17.817.1In
 Put
EXTR250919P00030000030.012.3 - 12.712.3In
 Put
EXTR250919P00025000025.07.1 - 7.97.1In
 Put
EXTR250919P00024000024.06.1 - 6.96.1In
 Put
EXTR250919P00023000023.05.2 - 5.85.2In
 Put
EXTR250919P00022000022.04.2 - 4.84.2In
 Put
EXTR250919P00021000021.03.2 - 4.03.2In
 Put
EXTR250919P00020000020.02.35 - 3.22.35In
 Put
EXTR250919P00019000619.01.95 - 2.251.78In
 Put
EXTR250919P00018000818.00.5 - 1.651.1In
 Put
EXTR250919P00017000517.00.0 - 1.350.9Out
 Put
EXTR250919P000160002516.00.0 - 0.90.85Out
 Put
EXTR250919P00015000415.00.0 - 0.750.85Out
 Put
EXTR250919P000140002914.00.0 - 0.50.75Out
 Put
EXTR250919P000130005213.00.0 - 0.350.3Out
 Put
EXTR250919P00012000812.00.0 - 0.250.25Out
 Put
EXTR250919P000110001011.00.0 - 0.750.75Out
 Put
EXTR250919P00010000310.00.0 - 0.750.75Out
 Put
EXTR250919P0000800018.00.0 - 0.750.75Out

Extreme Networks Corporate Management

Joseph VitaloneChief OfficerProfile
Gina ChristopherDeputy CounselProfile
Paul SemakSenior InternationalProfile
Rmi ThomasEx CFOProfile
Wesley DurowChief OfficerProfile

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.