MITK251017P00010000 Option on Mitek Systems

MITK Stock  USD 9.42  0.02  0.21%   
MITK251017P00010000 is a PUT option contract on Mitek Systems' common stock with a strick price of 10.0 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 a bid price of $1.0, and an ask price of $1.1. The implied volatility as of the 21st of July is 88.0.
When exercised, put options on Mitek Systems produce a short position in Mitek Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Mitek Systems' downside price movement.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that Mitek Systems will have an average daily up or down price movement of about 0.0259% per day over the life of the option. With Mitek Systems trading at USD 9.42, that is roughly USD 0.002436. If you think that the market is fully understating Mitek Systems' daily price movement you should consider buying Mitek Systems options at that current volatility level of 0.41%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Put Option on Mitek Systems

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 Mitek Systems 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 Mitek Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Put Contract NameMITK251017P00010000
Expires On2025-10-17
Days Before Expriration88
Vega0.018424
Gamma0.207165
Theoretical Value1.05
Open Interest95
Strike Price10.0
Last Traded At1.01
Current Price Spread1.0 | 1.1
Rule 16 Daily Up or DownUSD 0.002436

Mitek short PUT Option Greeks

Mitek Systems' Option Greeks for the contract ending on 2025-10-17 at a strike price of 10.0 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 Mitek Systems' option greeks, its implied volatility helps estimate the risk of Mitek Systems stock implied by the prices of the options on Mitek Systems' stock.
Delta-0.558854
Gamma0.207165
Theta-0.003649
Vega0.018424
Rho-0.01191

Mitek long PUT Option Payoff at expiration

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

Mitek short PUT Option Payoff at expiration

By selling Mitek Systems' put option, the investors signal their bearish sentiment. A short position in a put option written on Mitek Systems will generally make money when the underlying price is above the strike price. Therefore Mitek Systems' put payoff at expiration depends on where the Mitek Stock price is relative to the put option strike price. The breakeven price of 8.95 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 Mitek Systems' price. Finally, at the strike price of 10.0, the payoff chart is constant and positive.
   Profit   
       Mitek Systems Price At Expiration  
View All Mitek Systems Options

Mitek Systems Available Put Options

Mitek Systems' option chain is a display of a range of information that helps investors for ways to trade options on Mitek. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Mitek. It also shows strike prices and maturity days for a Mitek Systems 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
MITK251017P00020000020.010.2 - 11.210.2In
 Put
MITK251017P00017500017.57.7 - 8.57.7In
 Put
MITK251017P00015000015.05.2 - 7.35.2In
 Put
MITK251017P000125001512.52.85 - 3.32.79In
 Put
MITK251017P000100009510.01.0 - 1.11.01In
 Put
MITK251017P00007500157.50.0 - 0.250.29Out
 Put
MITK251017P0000500005.00.0 - 0.750.75Out
 Put
MITK251017P0000250002.50.0 - 0.750.75Out

Mitek Systems Corporate Management

Jason JDChief OfficerProfile
Scott MarcusG CounselProfile
David LyleChief OfficerProfile
Michael DiamondChief Revenue OfficerProfile
Stephen RitterChief OfficerProfile
When determining whether Mitek Systems 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 Mitek Stock 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 Mitek Systems Stock. Highlighted below are key reports to facilitate an investment decision about Mitek Systems Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mitek Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Mitek Stock please use our How to buy in Mitek Stock guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mitek Systems. If investors know Mitek will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mitek Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
32.261
Earnings Share
0.29
Revenue Per Share
3.855
Quarterly Revenue Growth
0.106
Return On Assets
0.0278
The market value of Mitek Systems is measured differently than its book value, which is the value of Mitek that is recorded on the company's balance sheet. Investors also form their own opinion of Mitek Systems' value that differs from its market value or its book value, called intrinsic value, which is Mitek Systems' 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 Mitek Systems' market value can be influenced by many factors that don't directly affect Mitek Systems' 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 Mitek Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Mitek Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mitek Systems' 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.