KZR250718C00005000 Option on Kezar Life Sciences

An 'Out of The Money' option on Kezar has a strike price that Kezar 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 Kezar Life's 'Out of The Money' options include buying the options if you expect a big move in Kezar Life'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.

Kezar Life's Option Greeks for the contract ending on 2025-07-18 at a strike price of 5.0 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 Kezar Life's option greeks, its implied volatility helps estimate the risk of Kezar Life stock implied by the prices of the options on Kezar Life's stock.

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

By selling Kezar Life's put option, the investors signal their bearish sentiment. A short position in a put option written on Kezar Life will generally make money when the underlying price is above the strike price. Therefore Kezar Life's put payoff at expiration depends on where the Kezar Stock price is relative to the put option strike price. The breakeven price of 7.68 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 Kezar Life's price. Finally, at the strike price of 5.0, the payoff chart is constant and positive.

Kezar Life's option chain is a display of a range of information that helps investors for ways to trade options on Kezar. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Kezar. It also shows strike prices and maturity days for a Kezar Life 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.

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