RCUS251017P00010000 Option on Arcus Biosciences

RCUS Stock  USD 9.16  0.10  1.08%   
RCUS251017P00010000 is a PUT option contract on Arcus Biosciences' 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 86 days remaining before the expiration. The option is currently trading at an ask price of $3.0. The implied volatility as of the 23rd of July is 86.0.
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 0.0365% per day over the life of the option. With Arcus Biosciences trading at USD 9.16, that is roughly USD 0.003342. 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 0.58%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Put Option on Arcus Biosciences

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 Arcus Biosciences 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 Arcus 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 NameRCUS251017P00010000
Expires On2025-10-17
Days Before Expriration86
Vega0.017599
Gamma0.153263
Theoretical Value1.5
Open Interest422
Strike Price10.0
Last Traded At1.8
Current Price Spread0.0 | 3.0
Rule 16 Daily Up or DownUSD 0.003342

Arcus short PUT Option Greeks

Arcus Biosciences' 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 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-0.557922
Gamma0.153263
Theta-0.005298
Vega0.017599
Rho-0.012125

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 8.5 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 10.0, the payoff chart is constant and positive.
   Profit   
       Arcus Biosciences Price At Expiration  
View All Arcus Biosciences Options

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 IntStrike PriceCurrent SpreadLast Price
 Put
RCUS251017P00022500022.512.5 - 15.512.5In
 Put
RCUS251017P00020000020.010.1 - 13.010.1In
 Put
RCUS251017P00017500017.57.6 - 10.57.6In
 Put
RCUS251017P00015000015.05.5 - 8.55.5In
 Put
RCUS251017P00012500912.51.85 - 4.95.25In
 Put
RCUS251017P0001000042210.00.0 - 3.01.8In
 Put
RCUS251017P000075005067.50.15 - 0.90.65Out
 Put
RCUS251017P00005000615.00.0 - 4.94.9Out
 Put
RCUS251017P0000250002.50.0 - 5.05.0Out

Arcus Biosciences Corporate Directors

Patrick MachadoIndependent DirectorProfile
Antoni RibasIndependent DirectorProfile
Andrew PerlmanIndependent DirectorProfile
Yasunori KanekoLead Independent DirectorProfile

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.