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.
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 NameRNG251017P00017500
Expires On2025-10-17
Days Before Expriration89
Vega0.015295
Gamma0.014307
Theoretical Value0.22
Open Interest5
Strike Price17.5
Current Price Spread0.0 | 0.45
Rule 16 Daily Up or DownUSD 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
Gamma0.014307
Theta-0.00499
Vega0.015295
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  
View All Ringcentral Options

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 IntStrike PriceCurrent SpreadLast Price
 Put
RNG251017P00050000050.023.2 - 23.523.2In
 Put
RNG251017P00045000045.016.9 - 18.516.9In
 Put
RNG251017P00040000040.013.2 - 13.513.2In
 Put
RNG251017P0003500018635.07.7 - 8.68.7In
 Put
RNG251017P0003000015030.04.0 - 4.42.65In
 Put
RNG251017P0002500024525.01.4 - 1.61.41Out
 Put
RNG251017P000225002022.50.65 - 0.850.85Out
 Put
RNG251017P0002000042220.00.3 - 0.450.4Out
 Put
RNG251017P00017500517.50.0 - 0.450.45Out
 Put
RNG251017P000150003015.00.0 - 0.40.4Out

Ringcentral Corporate Directors

Michelle McKennaIndependent DirectorsProfile
Robert TheisLead Independent DirectorProfile
Godfrey SullivanIndependent DirectorProfile
Arne DuncanIndependent DirectorProfile
When determining whether Ringcentral is a strong investment it is important to analyze Ringcentral's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ringcentral's future performance. For an informed investment choice regarding Ringcentral Stock, refer to the following important reports:
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.
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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
26.515
Quarterly Revenue Growth
0.048
Return On Assets
0.0135
Return On Equity
(6.89)
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.