RCUS251017P00007500 Option on Arcus Biosciences
RCUS Stock | USD 9.29 0.14 1.53% |
RCUS251017P00007500 is a PUT option contract on Arcus Biosciences' common stock with a strick price of 7.5 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 87 days remaining before the expiration. The option is currently trading at a bid price of $0.4, and an ask price of $1.75. The implied volatility as of the 22nd of July is 87.0.
When exercised, put options on Arcus Biosciences produce a short position in Arcus Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Arcus Biosciences' downside price movement.
Rule 16 of 2025-10-17 Option Contract
The options market is anticipating that Arcus Biosciences will have an average daily up or down price movement of about 0.0532% per day over the life of the option. With Arcus Biosciences trading at USD 9.29, that is roughly USD 0.004942. If you think that the market is fully understating Arcus Biosciences' daily price movement you should consider buying Arcus Biosciences options at that current volatility level of 0.85%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on Arcus Biosciences
An 'Out of The Money' option on Arcus has a strike price that Arcus 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 Arcus Biosciences' 'Out of The Money' options include buying the options if you expect a big move in Arcus Biosciences' 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 | RCUS251017P00007500 |
Expires On | 2025-10-17 |
Days Before Expriration | 87 |
Vega | 0.013848 |
Gamma | 0.078979 |
Theoretical Value | 0.65 |
Open Interest | 503 |
Current Trading Volume | 3.0 |
Strike Price | 7.5 |
Last Traded At | 0.65 |
Current Price Spread | 0.4 | 1.75 |
Rule 16 Daily Up or Down | USD 0.004942 |
Arcus short PUT Option Greeks
Arcus Biosciences' Option Greeks for the contract ending on 2025-10-17 at a strike price of 7.5 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 Arcus Biosciences' option greeks, its implied volatility helps estimate the risk of Arcus Biosciences stock implied by the prices of the options on Arcus Biosciences' stock.
Delta | -0.231379 | |
Gamma | 0.078979 | |
Theta | -0.006404 | |
Vega | 0.013848 | |
Rho | -0.005917 |
Arcus long PUT Option Payoff at expiration
Put options written on Arcus Biosciences grant holders of the option the right to sell a specified amount of Arcus Biosciences 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 Arcus Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Arcus Biosciences is like buying insurance aginst Arcus Biosciences' downside shift.
Profit |
Arcus Biosciences Price At Expiration |
Arcus short PUT Option Payoff at expiration
By selling Arcus Biosciences' put option, the investors signal their bearish sentiment. A short position in a put option written on Arcus Biosciences will generally make money when the underlying price is above the strike price. Therefore Arcus Biosciences' put payoff at expiration depends on where the Arcus Stock price is relative to the put option strike price. The breakeven price of 6.85 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 Arcus Biosciences' price. Finally, at the strike price of 7.5, the payoff chart is constant and positive.
Profit |
Arcus Biosciences Price At Expiration |
Arcus Biosciences Available Put Options
Arcus Biosciences' option chain is a display of a range of information that helps investors for ways to trade options on Arcus. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Arcus. It also shows strike prices and maturity days for a Arcus Biosciences 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 | RCUS251017P00002500 | 0 | 2.5 | 0.0 - 5.0 | 5.0 | |
Put | RCUS251017P00005000 | 61 | 5.0 | 0.0 - 0.9 | 0.9 | Out |
Put | RCUS251017P00007500 | 503 | 7.5 | 0.4 - 1.75 | 0.65 | Out |
Put | RCUS251017P00010000 | 422 | 10.0 | 0.0 - 2.95 | 1.8 | In |
Put | RCUS251017P00012500 | 9 | 12.5 | 3.1 - 5.0 | 5.25 | In |
Put | RCUS251017P00015000 | 0 | 15.0 | 5.3 - 8.5 | 5.3 | In |
Put | RCUS251017P00017500 | 0 | 17.5 | 7.6 - 10.5 | 7.6 | In |
Put | RCUS251017P00020000 | 0 | 20.0 | 10.2 - 13.0 | 10.2 | In |
Put | RCUS251017P00022500 | 0 | 22.5 | 12.6 - 15.5 | 12.6 | In |
Arcus Biosciences Corporate Directors
Patrick Machado | Independent Director | Profile | |
Antoni Ribas | Independent Director | Profile | |
Andrew Perlman | Independent Director | Profile | |
Yasunori Kaneko | Lead Independent Director | Profile |
Additional Tools for Arcus Stock Analysis
When running Arcus Biosciences' price analysis, check to measure Arcus Biosciences' 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 Arcus Biosciences is operating at the current time. Most of Arcus Biosciences' value examination focuses on studying past and present price action to predict the probability of Arcus Biosciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arcus Biosciences' price. Additionally, you may evaluate how the addition of Arcus Biosciences to your portfolios can decrease your overall portfolio volatility.