SBIO251017C00033000 Option on ALPS Medical Breakth
SBIO Etf | USD 33.43 0.80 2.45% |
SBIO251017C00033000 is a PUT option contract on ALPS Medical's common stock with a strick price of 33.0 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 $2.35. The implied volatility as of the 23rd of July is 86.0.
A put option written on ALPS Medical becomes more valuable as the price of ALPS Medical drops. Conversely, ALPS Medical's put option loses its value as ALPS Etf rises.
Rule 16 of 2025-10-17 Option Contract
The options market is anticipating that ALPS Medical Breakthroughs will have an average daily up or down price movement of about 0.0116% per day over the life of the option. With ALPS Medical trading at USD 33.43, that is roughly USD 0.003888. If you think that the market is fully understating ALPS Medical's daily price movement you should consider buying ALPS Medical Breakthroughs options at that current volatility level of 0.19%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Call Option on ALPS Medical
An 'Out of The Money' option on ALPS has a strike price that ALPS Etf 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 ALPS Medical's 'Out of The Money' options include buying the options if you expect a big move in ALPS Medical'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.
Call Contract Name | SBIO251017C00033000 |
Expires On | 2025-10-17 |
Days Before Expriration | 86 |
Delta | 0.514342 |
Vega | 0.063867 |
Gamma | 0.133748 |
Theoretical Value | 1.18 |
Open Interest | 1 |
Strike Price | 33.0 |
Current Price Spread | 0.0 | 2.35 |
Rule 16 Daily Up or Down | USD 0.003888 |
ALPS short PUT Option Greeks
ALPS Medical's Option Greeks for the contract ending on 2025-10-17 at a strike price of 33.0 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 ALPS Medical's option greeks, its implied volatility helps estimate the risk of ALPS Medical stock implied by the prices of the options on ALPS Medical's stock.
Delta | 0.514342 | |
Gamma | 0.133748 | |
Theta | -0.008613 | |
Vega | 0.063867 | |
Rho | 0.03763 |
ALPS long PUT Option Payoff at expiration
Put options written on ALPS Medical grant holders of the option the right to sell a specified amount of ALPS Medical 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 ALPS Etf cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on ALPS Medical is like buying insurance aginst ALPS Medical's downside shift.
Profit |
ALPS Medical Price At Expiration |
ALPS short PUT Option Payoff at expiration
By selling ALPS Medical's put option, the investors signal their bearish sentiment. A short position in a put option written on ALPS Medical will generally make money when the underlying price is above the strike price. Therefore ALPS Medical's put payoff at expiration depends on where the ALPS Etf price is relative to the put option strike price. The breakeven price of 34.18 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 ALPS Medical's price. Finally, at the strike price of 33.0, the payoff chart is constant and positive.
Profit |
ALPS Medical Price At Expiration |
ALPS Medical Breakth Available Call Options
ALPS Medical's option chain is a display of a range of information that helps investors for ways to trade options on ALPS. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for ALPS. It also shows strike prices and maturity days for a ALPS Medical 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 | |||
Call | SBIO251017C00045000 | 0 | 45.0 | 0.0 - 0.75 | 0.75 | |
Call | SBIO251017C00042000 | 0 | 42.0 | 0.0 - 0.75 | 0.75 | |
Call | SBIO251017C00041000 | 0 | 41.0 | 0.0 - 0.75 | 0.75 | |
Call | SBIO251017C00040000 | 0 | 40.0 | 0.0 - 0.9 | 0.9 | |
Call | SBIO251017C00039000 | 0 | 39.0 | 0.0 - 0.55 | 0.55 | |
Call | SBIO251017C00038000 | 0 | 38.0 | 0.0 - 0.6 | 0.6 | |
Call | SBIO251017C00037000 | 0 | 37.0 | 0.0 - 1.1 | 1.1 | |
Call | SBIO251017C00036000 | 0 | 36.0 | 0.0 - 1.3 | 1.3 | |
Call | SBIO251017C00035000 | 5 | 35.0 | 0.0 - 1.3 | 0.97 | Out |
Call | SBIO251017C00034000 | 0 | 34.0 | 0.0 - 1.8 | 1.03 | |
Call | SBIO251017C00033000 | 1 | 33.0 | 0.0 - 2.35 | 2.35 | Out |
Call | SBIO251017C00032000 | 13 | 32.0 | 1.85 - 3.0 | 2.6 | In |
Call | SBIO251017C00031000 | 2 | 31.0 | 2.45 - 3.6 | 2.76 | In |
Call | SBIO251017C00029000 | 2 | 29.0 | 3.9 - 5.3 | 3.92 | In |
Call | SBIO251017C00028000 | 1 | 28.0 | 4.8 - 6.0 | 2.85 | In |
Call | SBIO251017C00025000 | 1 | 25.0 | 7.3 - 8.6 | 5.2 | In |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ALPS Medical Breakthroughs. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
The market value of ALPS Medical Breakth is measured differently than its book value, which is the value of ALPS that is recorded on the company's balance sheet. Investors also form their own opinion of ALPS Medical's value that differs from its market value or its book value, called intrinsic value, which is ALPS Medical'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 ALPS Medical's market value can be influenced by many factors that don't directly affect ALPS Medical'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 ALPS Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if ALPS Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ALPS Medical'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.