PCYO250919P00010000 Option on Pure Cycle
PCYO Stock | USD 9.97 0.06 0.60% |
PCYO250919P00010000 is a PUT option contract on Pure Cycle's common stock with a strick price of 10.0 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 $2.15. The implied volatility as of the 21st of July is 60.0.
A put option written on Pure Cycle becomes more valuable as the price of Pure Cycle drops. Conversely, Pure Cycle's put option loses its value as Pure Stock rises.
Rule 16 of 2025-09-19 Option Contract
The options market is anticipating that Pure Cycle will have an average daily up or down price movement of about 0.0418% per day over the life of the option. With Pure Cycle trading at USD 9.97, that is roughly USD 0.00417. If you think that the market is fully understating Pure Cycle's daily price movement you should consider buying Pure Cycle options at that current volatility level of 0.67%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on Pure Cycle
An 'Out of The Money' option on Pure has a strike price that Pure 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 Pure Cycle's 'Out of The Money' options include buying the options if you expect a big move in Pure Cycle'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.
Put Contract Name | PCYO250919P00010000 |
Expires On | 2025-09-19 |
Days Before Expriration | 60 |
Vega | 0.016204 |
Gamma | 0.144413 |
Theoretical Value | 1.07 |
Open Interest | 6 |
Strike Price | 10.0 |
Current Price Spread | 0.0 | 2.15 |
Rule 16 Daily Up or Down | USD 0.00417 |
Pure short PUT Option Greeks
Pure Cycle's Option Greeks for the contract ending on 2025-09-19 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 Pure Cycle's option greeks, its implied volatility helps estimate the risk of Pure Cycle stock implied by the prices of the options on Pure Cycle's stock.
Delta | -0.441724 | |
Gamma | 0.144413 | |
Theta | -0.008196 | |
Vega | 0.016204 | |
Rho | -0.00778 |
Pure long PUT Option Payoff at expiration
Put options written on Pure Cycle grant holders of the option the right to sell a specified amount of Pure Cycle 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 Pure Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Pure Cycle is like buying insurance aginst Pure Cycle's downside shift.
Profit |
Pure Cycle Price At Expiration |
Pure short PUT Option Payoff at expiration
By selling Pure Cycle's put option, the investors signal their bearish sentiment. A short position in a put option written on Pure Cycle will generally make money when the underlying price is above the strike price. Therefore Pure Cycle's put payoff at expiration depends on where the Pure Stock price is relative to the put option strike price. The breakeven price of 8.93 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 Pure Cycle's price. Finally, at the strike price of 10.0, the payoff chart is constant and positive.
Profit |
Pure Cycle Price At Expiration |
Pure Cycle Available Put Options
Pure Cycle's option chain is a display of a range of information that helps investors for ways to trade options on Pure. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Pure. It also shows strike prices and maturity days for a Pure Cycle 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 | PCYO250919P00022500 | 0 | 22.5 | 10.8 - 14.2 | 10.8 | In |
Put | PCYO250919P00020000 | 0 | 20.0 | 8.3 - 11.7 | 8.3 | In |
Put | PCYO250919P00017500 | 0 | 17.5 | 5.8 - 9.2 | 5.8 | In |
Put | PCYO250919P00015000 | 0 | 15.0 | 3.3 - 6.7 | 3.3 | In |
Put | PCYO250919P00012500 | 0 | 12.5 | 0.8 - 4.2 | 0.8 | In |
Put | PCYO250919P00010000 | 6 | 10.0 | 0.0 - 2.15 | 2.15 | Out |
Put | PCYO250919P00007500 | 0 | 7.5 | 0.0 - 1.75 | 1.75 | |
Put | PCYO250919P00005000 | 0 | 5.0 | 0.0 - 1.75 | 1.75 | |
Put | PCYO250919P00002500 | 0 | 2.5 | 0.0 - 1.75 | 1.75 |
Pure Cycle Corporate Executives
Elected by the shareholders, the Pure Cycle's board of directors comprises two types of representatives: Pure Cycle inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pure. The board's role is to monitor Pure Cycle's management team and ensure that shareholders' interests are well served. Pure Cycle's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Pure Cycle's outside directors are responsible for providing unbiased perspectives on the board's policies.
Marc Spezialy | CFO VP | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pure Cycle. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. To learn how to invest in Pure Stock, please use our How to Invest in Pure Cycle guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Water Utilities 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 Pure Cycle. If investors know Pure 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 Pure Cycle 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 5.14 | Earnings Share 0.56 | Revenue Per Share | Quarterly Revenue Growth 0.25 | Return On Assets |
The market value of Pure Cycle is measured differently than its book value, which is the value of Pure that is recorded on the company's balance sheet. Investors also form their own opinion of Pure Cycle's value that differs from its market value or its book value, called intrinsic value, which is Pure Cycle's 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 Pure Cycle's market value can be influenced by many factors that don't directly affect Pure Cycle's 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 Pure Cycle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pure Cycle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pure Cycle's 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.