WRAP251017C00004000 Option on Wrap Technologies
WRAP Stock | USD 1.37 0.03 2.24% |
WRAP251017C00004000 is a PUT option contract on Wrap Technologies' common stock with a strick price of 4.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 90 days remaining before the expiration. The option is currently trading at an ask price of $0.75. The implied volatility as of the 19th of July is 90.0.
When exercised, put options on Wrap Technologies produce a short position in Wrap Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Wrap Technologies' downside price movement.
Rule 16 of 2025-10-17 Option Contract
The options market is anticipating that Wrap Technologies will have an average daily up or down price movement of about 0.18% per day over the life of the option. With Wrap Technologies trading at USD 1.37, that is roughly USD 0.002448. If you think that the market is fully understating Wrap Technologies' daily price movement you should consider buying Wrap Technologies options at that current volatility level of 2.86%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Call Option on Wrap Technologies
An 'Out of The Money' option on Wrap has a strike price that Wrap 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 Wrap Technologies' 'Out of The Money' options include buying the options if you expect a big move in Wrap Technologies' 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 | WRAP251017C00004000 |
Expires On | 2025-10-17 |
Days Before Expriration | 90 |
Delta | 0.484016 |
Vega | 0.002702 |
Gamma | 0.205722 |
Theoretical Value | 0.38 |
Open Interest | 140 |
Strike Price | 4.0 |
Last Traded At | 0.04 |
Current Price Spread | 0.0 | 0.75 |
Rule 16 Daily Up or Down | USD 0.002448 |
Wrap short PUT Option Greeks
Wrap Technologies' Option Greeks for the contract ending on 2025-10-17 at a strike price of 4.0 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 Wrap Technologies' option greeks, its implied volatility helps estimate the risk of Wrap Technologies stock implied by the prices of the options on Wrap Technologies' stock.
Delta | 0.484016 | |
Gamma | 0.205722 | |
Theta | -0.004325 | |
Vega | 0.002702 | |
Rho | 7.04E-4 |
Wrap long PUT Option Payoff at expiration
Put options written on Wrap Technologies grant holders of the option the right to sell a specified amount of Wrap Technologies 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 Wrap Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Wrap Technologies is like buying insurance aginst Wrap Technologies' downside shift.
Profit |
Wrap Technologies Price At Expiration |
Wrap short PUT Option Payoff at expiration
By selling Wrap Technologies' put option, the investors signal their bearish sentiment. A short position in a put option written on Wrap Technologies will generally make money when the underlying price is above the strike price. Therefore Wrap Technologies' put payoff at expiration depends on where the Wrap Stock price is relative to the put option strike price. The breakeven price of 4.38 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 Wrap Technologies' price. Finally, at the strike price of 4.0, the payoff chart is constant and positive.
Profit |
Wrap Technologies Price At Expiration |
Wrap Technologies Available Call Options
Wrap Technologies' option chain is a display of a range of information that helps investors for ways to trade options on Wrap. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Wrap. It also shows strike prices and maturity days for a Wrap Technologies 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 | WRAP251017C00005000 | 10 | 5.0 | 0.0 - 0.75 | 0.75 | Out |
Call | WRAP251017C00004000 | 140 | 4.0 | 0.0 - 0.75 | 0.04 | Out |
Call | WRAP251017C00003000 | 2453 | 3.0 | 0.0 - 0.1 | 0.1 | Out |
Call | WRAP251017C00002000 | 705 | 2.0 | 0.05 - 0.2 | 0.13 | Out |
Call | WRAP251017C00001000 | 263 | 1.0 | 0.0 - 0.7 | 0.5 | In |
Wrap Technologies Corporate Management
Glenn Hickman | Chief Officer | Profile | |
Christopher DeAlmeida | Chief Officer | Profile | |
Jags Gill | VP Sales | Profile | |
Carlos Casas | VP Marketing | Profile | |
Jared Novick | Chief Officer | Profile | |
TJ Kennedy | CEO Director | Profile |
Additional Tools for Wrap Stock Analysis
When running Wrap Technologies' price analysis, check to measure Wrap Technologies' 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 Wrap Technologies is operating at the current time. Most of Wrap Technologies' value examination focuses on studying past and present price action to predict the probability of Wrap Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wrap Technologies' price. Additionally, you may evaluate how the addition of Wrap Technologies to your portfolios can decrease your overall portfolio volatility.