ZLAB250919P00035000 Option on Zai Lab
ZLAB Stock | USD 32.73 1.35 3.96% |
ZLAB250919P00035000 is a PUT option contract on Zai Lab's common stock with a strick price of 35.0 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 68 days remaining before the expiration. The option is currently trading at a bid price of $2.15, and an ask price of $6.7. The implied volatility as of the 13th of July 2025 is 68.0.
A put option written on Zai Lab becomes more valuable as the price of Zai Lab drops. Conversely, Zai Lab's put option loses its value as Zai Stock rises.
Rule 16 of 2025-09-19 Option Contract
The options market is anticipating that Zai Lab will have an average daily up or down price movement of about 0.0354% per day over the life of the option. With Zai Lab trading at USD 32.73, that is roughly USD 0.0116. If you think that the market is fully understating Zai Lab's daily price movement you should consider buying Zai Lab options at that current volatility level of 0.57%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Put Option on Zai Lab
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 Zai Lab 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 Zai 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 | ZLAB250919P00035000 |
Expires On | 2025-09-19 |
Days Before Expriration | 68 |
Vega | 0.056153 |
Gamma | 0.049597 |
Theoretical Value | 4.43 |
Open Interest | 21 |
Strike Price | 35.0 |
Last Traded At | 3.4 |
Current Price Spread | 2.15 | 6.7 |
Rule 16 Daily Up or Down | USD 0.0116 |
Zai short PUT Option Greeks
Zai Lab's Option Greeks for the contract ending on 2025-09-19 at a strike price of 35.0 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 Zai Lab's option greeks, its implied volatility helps estimate the risk of Zai Lab stock implied by the prices of the options on Zai Lab's stock.
Delta | -0.551499 | |
Gamma | 0.049597 | |
Theta | -0.020975 | |
Vega | 0.056153 | |
Rho | -0.033177 |
Zai long PUT Option Payoff at expiration
Put options written on Zai Lab grant holders of the option the right to sell a specified amount of Zai Lab 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 Zai Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Zai Lab is like buying insurance aginst Zai Lab's downside shift.
Profit |
Zai Lab Price At Expiration |
Zai short PUT Option Payoff at expiration
By selling Zai Lab's put option, the investors signal their bearish sentiment. A short position in a put option written on Zai Lab will generally make money when the underlying price is above the strike price. Therefore Zai Lab's put payoff at expiration depends on where the Zai Stock price is relative to the put option strike price. The breakeven price of 30.57 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 Zai Lab's price. Finally, at the strike price of 35.0, the payoff chart is constant and positive.
Profit |
Zai Lab Price At Expiration |
Zai Lab Available Put Options
Zai Lab's option chain is a display of a range of information that helps investors for ways to trade options on Zai. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Zai. It also shows strike prices and maturity days for a Zai Lab 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 | ZLAB250919P00065000 | 0 | 65.0 | 30.2 - 34.5 | 30.2 | In |
Put | ZLAB250919P00060000 | 1 | 60.0 | 25.3 - 29.8 | 21.8 | In |
Put | ZLAB250919P00055000 | 4 | 55.0 | 20.7 - 24.8 | 19.1 | In |
Put | ZLAB250919P00050000 | 0 | 50.0 | 15.5 - 20.0 | 15.5 | In |
Put | ZLAB250919P00045000 | 3 | 45.0 | 10.9 - 14.7 | 8.8 | In |
Put | ZLAB250919P00040000 | 22 | 40.0 | 6.0 - 10.7 | 5.1 | In |
Put | ZLAB250919P00035000 | 21 | 35.0 | 2.15 - 6.7 | 3.4 | In |
Put | ZLAB250919P00030000 | 91 | 30.0 | 1.4 - 1.9 | 1.6 | Out |
Put | ZLAB250919P00025000 | 5 | 25.0 | 0.0 - 1.0 | 0.5 | Out |
Put | ZLAB250919P00022500 | 0 | 22.5 | 0.0 - 3.0 | 3.0 | |
Put | ZLAB250919P00020000 | 10 | 20.0 | 0.0 - 3.0 | 3.0 | Out |
Zai Lab Corporate Management
Peter Huang | Chief Officer | Profile | |
Dr MBA | Chief Officer | Profile | |
Joshua Smiley | Chief Officer | Profile | |
Frazor III | Chief Sec | Profile | |
Christine Chiou | Senior Relations | Profile | |
Harald MD | Autoimmune Neuroscience | Profile |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zai Lab. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For information on how to trade Zai Stock refer to our How to Trade Zai Stock guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Biotechnology 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 Zai Lab. If investors know Zai 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 Zai Lab listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.50) | Revenue Per Share | Quarterly Revenue Growth 0.222 | Return On Assets | Return On Equity |
The market value of Zai Lab is measured differently than its book value, which is the value of Zai that is recorded on the company's balance sheet. Investors also form their own opinion of Zai Lab's value that differs from its market value or its book value, called intrinsic value, which is Zai Lab'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 Zai Lab's market value can be influenced by many factors that don't directly affect Zai Lab'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 Zai Lab's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zai Lab is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zai Lab'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.