SLS251017P00002000 Option on Sellas Life Sciences
SLS Stock | USD 1.90 0.13 7.34% |
SLS251017P00002000 is a PUT option contract on Sellas Life's common stock with a strick price of 2.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 88 days remaining before the expiration. The option is currently trading at an ask price of $0.9. The implied volatility as of the 21st of July is 88.0.
When exercised, put options on Sellas Life produce a short position in Sellas Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Sellas Life's downside price movement.
Rule 16 of 2025-10-17 Option Contract
The options market is anticipating that Sellas Life Sciences will have an average daily up or down price movement of about 0.0566% per day over the life of the option. With Sellas Life trading at USD 1.9, that is roughly USD 0.001075. If you think that the market is fully understating Sellas Life's daily price movement you should consider buying Sellas Life Sciences options at that current volatility level of 0.91%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Put Option on Sellas Life
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 Sellas Life 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 Sellas 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 Name | SLS251017P00002000 |
Expires On | 2025-10-17 |
Days Before Expriration | 88 |
Vega | 0.0035 |
Gamma | 0.505723 |
Theoretical Value | 0.45 |
Open Interest | 500 |
Strike Price | 2.0 |
Last Traded At | 0.6 |
Current Price Spread | 0.0 | 0.9 |
Rule 16 Daily Up or Down | USD 0.001075 |
Sellas short PUT Option Greeks
Sellas Life's Option Greeks for the contract ending on 2025-10-17 at a strike price of 2.0 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 Sellas Life's option greeks, its implied volatility helps estimate the risk of Sellas Life stock implied by the prices of the options on Sellas Life's stock.
Delta | -0.51319 | |
Gamma | 0.505723 | |
Theta | -0.001629 | |
Vega | 0.0035 | |
Rho | -0.00266 |
Sellas long PUT Option Payoff at expiration
Put options written on Sellas Life grant holders of the option the right to sell a specified amount of Sellas Life 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 Sellas Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Sellas Life is like buying insurance aginst Sellas Life's downside shift.
Profit |
Sellas Life Price At Expiration |
Sellas short PUT Option Payoff at expiration
By selling Sellas Life's put option, the investors signal their bearish sentiment. A short position in a put option written on Sellas Life will generally make money when the underlying price is above the strike price. Therefore Sellas Life's put payoff at expiration depends on where the Sellas Stock price is relative to the put option strike price. The breakeven price of 1.55 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 Sellas Life's price. Finally, at the strike price of 2.0, the payoff chart is constant and positive.
Profit |
Sellas Life Price At Expiration |
Sellas Life Sciences Available Put Options
Sellas Life's option chain is a display of a range of information that helps investors for ways to trade options on Sellas. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Sellas. It also shows strike prices and maturity days for a Sellas Life 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 | SLS251017P00006000 | 0 | 6.0 | 3.9 - 4.6 | 3.9 | In |
Put | SLS251017P00005000 | 0 | 5.0 | 3.1 - 4.1 | 3.1 | In |
Put | SLS251017P00004000 | 0 | 4.0 | 1.65 - 2.65 | 1.65 | In |
Put | SLS251017P00003500 | 0 | 3.5 | 1.6 - 2.45 | 1.6 | In |
Put | SLS251017P00003000 | 10 | 3.0 | 0.7 - 1.7 | 1.2 | In |
Put | SLS251017P00002500 | 2 | 2.5 | 0.3 - 1.3 | 0.95 | In |
Put | SLS251017P00002000 | 500 | 2.0 | 0.0 - 0.9 | 0.6 | In |
Put | SLS251017P00001500 | 63 | 1.5 | 0.0 - 0.8 | 0.3 | Out |
Put | SLS251017P00001000 | 0 | 1.0 | 0.0 - 0.4 | 0.4 | |
Put | SLS251017P00000500 | 0 | 0.5 | 0.0 - 0.5 | 0.5 |
Sellas Life Corporate Management
Barbara Esq | General VP | Profile | |
Stacy Yeung | Associate VP | Profile | |
Jrg Breitkopf | Head Operations | Profile | |
ScD MD | President, Founder | Profile | |
Barbara Wood | Gen VP | Profile | |
Andrew Elnatan | Chemistry, Affairs | Profile | |
Robert Francomano | Senior Officer | Profile |
Additional Tools for Sellas Stock Analysis
When running Sellas Life's price analysis, check to measure Sellas Life's 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 Sellas Life is operating at the current time. Most of Sellas Life's value examination focuses on studying past and present price action to predict the probability of Sellas Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sellas Life's price. Additionally, you may evaluate how the addition of Sellas Life to your portfolios can decrease your overall portfolio volatility.