ALKS250919C00034000 Option on Alkermes Plc

ALKS Stock  USD 26.27  0.28  1.05%   
ALKS250919C00034000 is a PUT option contract on Alkermes Plc's common stock with a strick price of 34.0 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 46 days remaining before the expiration. The option is currently trading at an ask price of $2.2. The implied volatility as of the 4th of August is 46.0.
When exercised, put options on Alkermes Plc produce a short position in Alkermes Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Alkermes Plc's downside price movement.

Rule 16 of 2025-09-19 Option Contract

The options market is anticipating that Alkermes Plc will have an average daily up or down price movement of about 0.0524% per day over the life of the option. With Alkermes Plc trading at USD 26.27, that is roughly USD 0.0138. If you think that the market is fully understating Alkermes Plc's daily price movement you should consider buying Alkermes Plc options at that current volatility level of 0.84%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on Alkermes Plc

An 'Out of The Money' option on Alkermes has a strike price that Alkermes 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 Alkermes Plc's 'Out of The Money' options include buying the options if you expect a big move in Alkermes Plc'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 NameALKS250919C00034000
Expires On2025-09-19
Days Before Expriration46
Delta0.260465
Vega0.031258
Gamma0.040189
Theoretical Value1.1
Open Interest18
Strike Price34.0
Last Traded At1.9
Current Price Spread0.0 | 2.2
Rule 16 Daily Up or DownUSD 0.0138

Alkermes short PUT Option Greeks

Alkermes Plc's Option Greeks for the contract ending on 2025-09-19 at a strike price of 34.0 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 Alkermes Plc's option greeks, its implied volatility helps estimate the risk of Alkermes Plc stock implied by the prices of the options on Alkermes Plc's stock.
Delta0.260465
Gamma0.040189
Theta-0.028017
Vega0.031258
Rho0.007648

Alkermes long PUT Option Payoff at expiration

Put options written on Alkermes Plc grant holders of the option the right to sell a specified amount of Alkermes Plc 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 Alkermes Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Alkermes Plc is like buying insurance aginst Alkermes Plc's downside shift.
   Profit   
       Alkermes Plc Price At Expiration  

Alkermes short PUT Option Payoff at expiration

By selling Alkermes Plc's put option, the investors signal their bearish sentiment. A short position in a put option written on Alkermes Plc will generally make money when the underlying price is above the strike price. Therefore Alkermes Plc's put payoff at expiration depends on where the Alkermes Stock price is relative to the put option strike price. The breakeven price of 35.1 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 Alkermes Plc's price. Finally, at the strike price of 34.0, the payoff chart is constant and positive.
   Profit   
       Alkermes Plc Price At Expiration  
View All Alkermes Plc Options

Alkermes Plc Available Call Options

Alkermes Plc's option chain is a display of a range of information that helps investors for ways to trade options on Alkermes. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Alkermes. It also shows strike prices and maturity days for a Alkermes Plc 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 IntStrike PriceCurrent SpreadLast Price
Call
ALKS250919C00045000445.00.0 - 2.20.45Out
Call
ALKS250919C00040000040.00.0 - 2.252.25Out
Call
ALKS250919C00039000039.00.0 - 2.352.35Out
Call
ALKS250919C00038000138.00.0 - 2.251.0Out
Call
ALKS250919C000370001537.00.0 - 2.01.25Out
Call
ALKS250919C000360001536.00.0 - 2.051.3Out
Call
ALKS250919C000350001235.00.0 - 2.11.0Out
Call
ALKS250919C000340001834.00.0 - 2.21.9Out
Call
ALKS250919C000330001033.00.0 - 0.81.14Out
Call
ALKS250919C0003200048232.00.55 - 1.051.2Out
Call
ALKS250919C00031000341131.00.7 - 1.150.94Out
Call
ALKS250919C0003000028830.00.85 - 1.41.15Out
Call
ALKS250919C0002900027729.00.8 - 1.652.02Out
Call
ALKS250919C000280008428.01.45 - 1.91.73Out
Call
ALKS250919C0002700012827.01.85 - 3.12.3Out
Call
ALKS250919C0002600011626.02.4 - 2.853.02In
Call
ALKS250919C000250001025.02.9 - 4.03.25In
Call
ALKS250919C000200003320.05.2 - 9.39.8In

Alkermes Plc Corporate Management

Peter NormanSenior RelationsProfile
Iain BrownChief Accounting OfficerProfile
Todd NicholsSenior OfficerProfile
Blair JacksonExecutive OfficerProfile
Declan OConnorHealth EnvironmentProfile

Additional Tools for Alkermes Stock Analysis

When running Alkermes Plc's price analysis, check to measure Alkermes Plc'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 Alkermes Plc is operating at the current time. Most of Alkermes Plc's value examination focuses on studying past and present price action to predict the probability of Alkermes Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alkermes Plc's price. Additionally, you may evaluate how the addition of Alkermes Plc to your portfolios can decrease your overall portfolio volatility.