VIRC251017P00007500 Option on Virco Manufacturing
VIRC Stock | USD 7.85 0.25 3.09% |
VIRC251017P00007500 is a PUT option contract on Virco Manufacturing's common stock with a strick price of 7.5 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 $0.8. The implied volatility as of the 21st of July is 88.0.
A put option written on Virco Manufacturing becomes more valuable as the price of Virco Manufacturing drops. Conversely, Virco Manufacturing's put option loses its value as Virco Stock rises.
Rule 16 of 2025-10-17 Option Contract
The options market is anticipating that Virco Manufacturing will have an average daily up or down price movement of about 0.0239% per day over the life of the option. With Virco Manufacturing trading at USD 7.85, that is roughly USD 0.001879. If you think that the market is fully understating Virco Manufacturing's daily price movement you should consider buying Virco Manufacturing options at that current volatility level of 0.38%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on Virco Manufacturing
An 'Out of The Money' option on Virco has a strike price that Virco 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 Virco Manufacturing's 'Out of The Money' options include buying the options if you expect a big move in Virco Manufacturing'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 | VIRC251017P00007500 |
Expires On | 2025-10-17 |
Days Before Expriration | 88 |
Vega | 0.01449 |
Gamma | 0.250929 |
Theoretical Value | 0.4 |
Open Interest | 57 |
Strike Price | 7.5 |
Last Traded At | 0.65 |
Current Price Spread | 0.0 | 0.8 |
Rule 16 Daily Up or Down | USD 0.001879 |
Virco short PUT Option Greeks
Virco Manufacturing's Option Greeks for the contract ending on 2025-10-17 at a strike price of 7.5 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 Virco Manufacturing's option greeks, its implied volatility helps estimate the risk of Virco Manufacturing stock implied by the prices of the options on Virco Manufacturing's stock.
Delta | -0.355949 | |
Gamma | 0.250929 | |
Theta | -0.002837 | |
Vega | 0.01449 | |
Rho | -0.006735 |
Virco long PUT Option Payoff at expiration
Put options written on Virco Manufacturing grant holders of the option the right to sell a specified amount of Virco Manufacturing 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 Virco Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Virco Manufacturing is like buying insurance aginst Virco Manufacturing's downside shift.
Profit |
Virco Manufacturing Price At Expiration |
Virco short PUT Option Payoff at expiration
By selling Virco Manufacturing's put option, the investors signal their bearish sentiment. A short position in a put option written on Virco Manufacturing will generally make money when the underlying price is above the strike price. Therefore Virco Manufacturing's put payoff at expiration depends on where the Virco Stock price is relative to the put option strike price. The breakeven price of 7.1 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 Virco Manufacturing's price. Finally, at the strike price of 7.5, the payoff chart is constant and positive.
Profit |
Virco Manufacturing Price At Expiration |
Virco Manufacturing Available Put Options
Virco Manufacturing's option chain is a display of a range of information that helps investors for ways to trade options on Virco. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Virco. It also shows strike prices and maturity days for a Virco Manufacturing 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 | VIRC251017P00022500 | 0 | 22.5 | 14.5 - 14.9 | 14.5 | In |
Put | VIRC251017P00020000 | 0 | 20.0 | 11.9 - 12.4 | 11.9 | In |
Put | VIRC251017P00017500 | 0 | 17.5 | 9.4 - 9.9 | 9.4 | In |
Put | VIRC251017P00015000 | 0 | 15.0 | 7.0 - 7.4 | 7.1 | In |
Put | VIRC251017P00012500 | 0 | 12.5 | 4.5 - 4.9 | 4.5 | In |
Put | VIRC251017P00010000 | 25 | 10.0 | 2.0 - 2.55 | 2.0 | In |
Put | VIRC251017P00007500 | 57 | 7.5 | 0.0 - 0.8 | 0.65 | Out |
Put | VIRC251017P00005000 | 0 | 5.0 | 0.0 - 0.2 | 0.2 | |
Put | VIRC251017P00002500 | 0 | 2.5 | 0.0 - 0.75 | 0.75 |
Virco Manufacturing Corporate Management
Bassey Yau | Principal Accounting Officer, VP of Accounting, Corporate Controller, Assistant Secretary and Assistant Treasurer | Profile | |
Patricia Quinones | VP of Logistics Marketing Services and Information Technology | Profile | |
Robert Dose | Principal Financial Officer, VP of Fin., Treasurer and Secretary | Profile | |
Robert Hupe | General Counsel | Profile | |
James II | VP Officer | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Virco Manufacturing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Virco Stock refer to our How to Trade Virco Stock guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Commercial Services & Supplies 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 Virco Manufacturing. If investors know Virco 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 Virco Manufacturing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.64) | Dividend Share 0.095 | Earnings Share 1.24 | Revenue Per Share | Quarterly Revenue Growth (0.28) |
The market value of Virco Manufacturing is measured differently than its book value, which is the value of Virco that is recorded on the company's balance sheet. Investors also form their own opinion of Virco Manufacturing's value that differs from its market value or its book value, called intrinsic value, which is Virco Manufacturing'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 Virco Manufacturing's market value can be influenced by many factors that don't directly affect Virco Manufacturing'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 Virco Manufacturing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Virco Manufacturing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virco Manufacturing'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.