OSUR251017P00002500 Option on OraSure Technologies
OSUR Stock | USD 3.27 0.07 2.19% |
OSUR251017P00002500 is a PUT option contract on OraSure Technologies' common stock with a strick price of 2.5 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 an ask price of $0.3. The implied volatility as of the 21st of July is 88.0.
When exercised, put options on OraSure Technologies produce a short position in OraSure Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on OraSure Technologies' downside price movement.
Rule 16 of 2025-10-17 Option Contract
The options market is anticipating that OraSure Technologies will have an average daily up or down price movement of about 0.0171% per day over the life of the option. With OraSure Technologies trading at USD 3.27, that is roughly USD 5.6E-4. If you think that the market is fully understating OraSure Technologies' daily price movement you should consider buying OraSure Technologies options at that current volatility level of 0.27%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on OraSure Technologies
An 'Out of The Money' option on OraSure has a strike price that OraSure 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 OraSure Technologies' 'Out of The Money' options include buying the options if you expect a big move in OraSure Technologies' 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 Name | OSUR251017P00002500 |
Expires On | 2025-10-17 |
Days Before Expriration | 88 |
Vega | 0.004833 |
Gamma | 0.698833 |
Theoretical Value | 0.15 |
Open Interest | 15 |
Strike Price | 2.5 |
Last Traded At | 0.15 |
Current Price Spread | 0.0 | 0.3 |
Rule 16 Daily Up or Down | USD 5.6E-4 |
OraSure short PUT Option Greeks
OraSure Technologies' Option Greeks for the contract ending on 2025-10-17 at a strike price of 2.5 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 OraSure Technologies' option greeks, its implied volatility helps estimate the risk of OraSure Technologies stock implied by the prices of the options on OraSure Technologies' stock.
Delta | -0.390088 | |
Gamma | 0.698833 | |
Theta | -0.004324 | |
Vega | 0.004833 | |
Rho | -0.003448 |
OraSure long PUT Option Payoff at expiration
Put options written on OraSure Technologies grant holders of the option the right to sell a specified amount of OraSure Technologies 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 OraSure Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on OraSure Technologies is like buying insurance aginst OraSure Technologies' downside shift.
Profit |
OraSure Technologies Price At Expiration |
OraSure short PUT Option Payoff at expiration
By selling OraSure Technologies' put option, the investors signal their bearish sentiment. A short position in a put option written on OraSure Technologies will generally make money when the underlying price is above the strike price. Therefore OraSure Technologies' put payoff at expiration depends on where the OraSure Stock price is relative to the put option strike price. The breakeven price of 2.35 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 OraSure Technologies' price. Finally, at the strike price of 2.5, the payoff chart is constant and positive.
Profit |
OraSure Technologies Price At Expiration |
OraSure Technologies Available Put Options
OraSure Technologies' option chain is a display of a range of information that helps investors for ways to trade options on OraSure. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for OraSure. It also shows strike prices and maturity days for a OraSure Technologies 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 | |||
Put | OSUR251017P00007500 | 0 | 7.5 | 4.2 - 4.4 | 4.2 | In |
Put | OSUR251017P00005000 | 0 | 5.0 | 1.65 - 2.0 | 1.65 | In |
Put | OSUR251017P00002500 | 15 | 2.5 | 0.0 - 0.3 | 0.15 | Out |
OraSure Technologies Corporate Management
CFA CFA | Strategy Devel | Profile | |
Jason Plagman | Vice Relations | Profile | |
Amy Steigerwalt | Senior Resources | Profile | |
Stefano Taucer | General Secretary | Profile | |
David CFA | Strategy Development | Profile |
Additional Tools for OraSure Stock Analysis
When running OraSure Technologies' price analysis, check to measure OraSure Technologies' 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 OraSure Technologies is operating at the current time. Most of OraSure Technologies' value examination focuses on studying past and present price action to predict the probability of OraSure Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OraSure Technologies' price. Additionally, you may evaluate how the addition of OraSure Technologies to your portfolios can decrease your overall portfolio volatility.