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 Name | ALKS250919C00034000 |
Expires On | 2025-09-19 |
Days Before Expriration | 46 |
Delta | 0.260465 |
Vega | 0.031258 |
Gamma | 0.040189 |
Theoretical Value | 1.1 |
Open Interest | 18 |
Strike Price | 34.0 |
Last Traded At | 1.9 |
Current Price Spread | 0.0 | 2.2 |
Rule 16 Daily Up or Down | USD 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.
Delta | 0.260465 | |
Gamma | 0.040189 | |
Theta | -0.028017 | |
Vega | 0.031258 | |
Rho | 0.007648 |
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 |
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 Int | Strike Price | Current Spread | Last Price | |||
Call | ALKS250919C00045000 | 4 | 45.0 | 0.0 - 2.2 | 0.45 | Out |
Call | ALKS250919C00040000 | 0 | 40.0 | 0.0 - 2.25 | 2.25 | |
Call | ALKS250919C00039000 | 0 | 39.0 | 0.0 - 2.35 | 2.35 | |
Call | ALKS250919C00038000 | 1 | 38.0 | 0.0 - 2.25 | 1.0 | Out |
Call | ALKS250919C00037000 | 15 | 37.0 | 0.0 - 2.0 | 1.25 | Out |
Call | ALKS250919C00036000 | 15 | 36.0 | 0.0 - 2.05 | 1.3 | Out |
Call | ALKS250919C00035000 | 12 | 35.0 | 0.0 - 2.1 | 1.0 | Out |
Call | ALKS250919C00034000 | 18 | 34.0 | 0.0 - 2.2 | 1.9 | Out |
Call | ALKS250919C00033000 | 10 | 33.0 | 0.0 - 0.8 | 1.14 | Out |
Call | ALKS250919C00032000 | 482 | 32.0 | 0.55 - 1.05 | 1.2 | Out |
Call | ALKS250919C00031000 | 3411 | 31.0 | 0.7 - 1.15 | 0.94 | Out |
Call | ALKS250919C00030000 | 288 | 30.0 | 0.85 - 1.4 | 1.15 | Out |
Call | ALKS250919C00029000 | 277 | 29.0 | 0.8 - 1.65 | 2.02 | Out |
Call | ALKS250919C00028000 | 84 | 28.0 | 1.45 - 1.9 | 1.73 | Out |
Call | ALKS250919C00027000 | 128 | 27.0 | 1.85 - 3.1 | 2.3 | Out |
Call | ALKS250919C00026000 | 116 | 26.0 | 2.4 - 2.85 | 3.02 | In |
Call | ALKS250919C00025000 | 10 | 25.0 | 2.9 - 4.0 | 3.25 | In |
Call | ALKS250919C00020000 | 33 | 20.0 | 5.2 - 9.3 | 9.8 | In |
Alkermes Plc Corporate Management
Peter Norman | Senior Relations | Profile | |
Iain Brown | Chief Accounting Officer | Profile | |
Todd Nichols | Senior Officer | Profile | |
Blair Jackson | Executive Officer | Profile | |
Declan OConnor | Health Environment | Profile |
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.