RNG251017P00017500 Option on Ringcentral
RNG Stock | USD 26.67 0.10 0.38% |
RNG251017P00017500 is a PUT option contract on Ringcentral's common stock with a strick price of 17.5 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 89 days remaining before the expiration. The option is currently trading at an ask price of $0.45. The implied volatility as of the 20th of July is 89.0.
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When exercised, put options on Ringcentral produce a short position in Ringcentral Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Ringcentral's downside price movement.
Rule 16 of 2025-10-17 Option Contract
The options market is anticipating that Ringcentral will have an average daily up or down price movement of about 0.0381% per day over the life of the option. With Ringcentral trading at USD 26.67, that is roughly USD 0.0102. If you think that the market is fully understating Ringcentral's daily price movement you should consider buying Ringcentral options at that current volatility level of 0.61%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on Ringcentral
An 'Out of The Money' option on Ringcentral has a strike price that Ringcentral 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 Ringcentral's 'Out of The Money' options include buying the options if you expect a big move in Ringcentral'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 | RNG251017P00017500 |
Expires On | 2025-10-17 |
Days Before Expriration | 89 |
Vega | 0.015295 |
Gamma | 0.014307 |
Theoretical Value | 0.22 |
Open Interest | 5 |
Strike Price | 17.5 |
Current Price Spread | 0.0 | 0.45 |
Rule 16 Daily Up or Down | USD 0.0102 |
Ringcentral short PUT Option Greeks
Ringcentral's Option Greeks for the contract ending on 2025-10-17 at a strike price of 17.5 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 Ringcentral's option greeks, its implied volatility helps estimate the risk of Ringcentral stock implied by the prices of the options on Ringcentral's stock.
Delta | -0.057678 | |
Gamma | 0.014307 | |
Theta | -0.00499 | |
Vega | 0.015295 | |
Rho | -0.004012 |
Ringcentral long PUT Option Payoff at expiration
Put options written on Ringcentral grant holders of the option the right to sell a specified amount of Ringcentral 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 Ringcentral Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Ringcentral is like buying insurance aginst Ringcentral's downside shift.
Profit |
Ringcentral Price At Expiration |
Ringcentral short PUT Option Payoff at expiration
By selling Ringcentral's put option, the investors signal their bearish sentiment. A short position in a put option written on Ringcentral will generally make money when the underlying price is above the strike price. Therefore Ringcentral's put payoff at expiration depends on where the Ringcentral Stock price is relative to the put option strike price. The breakeven price of 17.28 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 Ringcentral's price. Finally, at the strike price of 17.5, the payoff chart is constant and positive.
Profit |
Ringcentral Price At Expiration |
Ringcentral Available Put Options
Ringcentral's option chain is a display of a range of information that helps investors for ways to trade options on Ringcentral. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Ringcentral. It also shows strike prices and maturity days for a Ringcentral 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 | RNG251017P00050000 | 0 | 50.0 | 23.2 - 23.5 | 23.2 | In |
Put | RNG251017P00045000 | 0 | 45.0 | 16.9 - 18.5 | 16.9 | In |
Put | RNG251017P00040000 | 0 | 40.0 | 13.2 - 13.5 | 13.2 | In |
Put | RNG251017P00035000 | 186 | 35.0 | 7.7 - 8.6 | 8.7 | In |
Put | RNG251017P00030000 | 150 | 30.0 | 4.0 - 4.4 | 2.65 | In |
Put | RNG251017P00025000 | 245 | 25.0 | 1.4 - 1.6 | 1.41 | Out |
Put | RNG251017P00022500 | 20 | 22.5 | 0.65 - 0.85 | 0.85 | Out |
Put | RNG251017P00020000 | 422 | 20.0 | 0.3 - 0.45 | 0.4 | Out |
Put | RNG251017P00017500 | 5 | 17.5 | 0.0 - 0.45 | 0.45 | Out |
Put | RNG251017P00015000 | 30 | 15.0 | 0.0 - 0.4 | 0.4 | Out |
Ringcentral Corporate Directors
Michelle McKenna | Independent Directors | Profile | |
Robert Theis | Lead Independent Director | Profile | |
Godfrey Sullivan | Independent Director | Profile | |
Arne Duncan | Independent Director | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ringcentral. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For more detail on how to invest in Ringcentral Stock please use our How to Invest in Ringcentral guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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 Ringcentral. If investors know Ringcentral 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 Ringcentral listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.43) | Revenue Per Share | Quarterly Revenue Growth 0.048 | Return On Assets | Return On Equity |
The market value of Ringcentral is measured differently than its book value, which is the value of Ringcentral that is recorded on the company's balance sheet. Investors also form their own opinion of Ringcentral's value that differs from its market value or its book value, called intrinsic value, which is Ringcentral'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 Ringcentral's market value can be influenced by many factors that don't directly affect Ringcentral'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 Ringcentral's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ringcentral is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ringcentral'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.