APPS250919P00006000 Option on Digital Turbine

APPS Stock  USD 5.45  0.45  9.00%   
APPS250919P00006000 is a PUT option contract on Digital Turbine's common stock with a strick price of 6.0 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 49 days remaining before the expiration. The option is currently trading at a bid price of $1.2, and an ask price of $1.3. The implied volatility as of the 1st of August is 49.0.
When exercised, put options on Digital Turbine produce a short position in Digital Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Digital Turbine's downside price movement.

Rule 16 of 2025-09-19 Option Contract

The options market is anticipating that Digital Turbine will have an average daily up or down price movement of about 0.0724% per day over the life of the option. With Digital Turbine trading at USD 5.45, that is roughly USD 0.003943. If you think that the market is fully understating Digital Turbine's daily price movement you should consider buying Digital Turbine options at that current volatility level of 1.16%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Put Option on Digital Turbine

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 Digital Turbine 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 Digital 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 NameAPPS250919P00006000
Expires On2025-09-19
Days Before Expriration49
Vega0.008042
Gamma0.171614
Theoretical Value1.25
Open Interest197
Current Trading Volume9.0
Strike Price6.0
Last Traded At1.35
Current Price Spread1.2 | 1.3
Rule 16 Daily Up or DownUSD 0.003943

Digital short PUT Option Greeks

Digital Turbine's Option Greeks for the contract ending on 2025-09-19 at a strike price of 6.0 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 Digital Turbine's option greeks, its implied volatility helps estimate the risk of Digital Turbine stock implied by the prices of the options on Digital Turbine's stock.
Delta-0.500472
Gamma0.171614
Theta-0.00892
Vega0.008042
Rho-0.00446

Digital long PUT Option Payoff at expiration

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

Digital short PUT Option Payoff at expiration

By selling Digital Turbine's put option, the investors signal their bearish sentiment. A short position in a put option written on Digital Turbine will generally make money when the underlying price is above the strike price. Therefore Digital Turbine's put payoff at expiration depends on where the Digital Stock price is relative to the put option strike price. The breakeven price of 4.75 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 Digital Turbine's price. Finally, at the strike price of 6.0, the payoff chart is constant and positive.
   Profit   
       Digital Turbine Price At Expiration  
View All Digital Turbine Options

Digital Turbine Available Put Options

Digital Turbine's option chain is a display of a range of information that helps investors for ways to trade options on Digital. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Digital. It also shows strike prices and maturity days for a Digital Turbine 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
 Put
APPS250919P00015000015.09.5 - 9.89.5In
 Put
APPS250919P00014000014.08.4 - 8.78.4In
 Put
APPS250919P00013000013.07.5 - 7.87.5In
 Put
APPS250919P00012000412.06.5 - 6.76.7In
 Put
APPS250919P00011000211.05.5 - 5.74.3In
 Put
APPS250919P00010000810.04.6 - 4.84.49In
 Put
APPS250919P000090001739.03.6 - 3.83.6In
 Put
APPS250919P000080001008.02.75 - 2.93.1In
 Put
APPS250919P000070007237.01.95 - 2.052.18In
 Put
APPS250919P000060001976.01.2 - 1.31.35In
 Put
APPS250919P000055008405.50.9 - 1.01.07In
 Put
APPS250919P000050002515.00.6 - 0.70.78Out
 Put
APPS250919P000045006364.50.4 - 0.50.5Out
 Put
APPS250919P000040005664.00.2 - 0.30.35Out
 Put
APPS250919P000035004573.50.1 - 0.20.16Out
 Put
APPS250919P000030006113.00.05 - 0.10.09Out
 Put
APPS250919P000025001962.50.0 - 0.050.05Out
 Put
APPS250919P000020001812.00.0 - 0.050.05Out
 Put
APPS250919P00001500291.50.0 - 0.050.03Out
 Put
APPS250919P0000100051.00.0 - 0.250.25Out

Digital Turbine Corporate Management

Matthew GillisPres OfficerProfile
Joshua KinsellChief OfficerProfile
David WeschChief Accounting Officer, ControllerProfile
Barrett GarrisonStrategic AdvisorProfile
Michael MillerChief OfficerProfile
Senthilkumaran KanagaratnamChief OfficerProfile
Senthil KumaranChief OfficerProfile

Additional Tools for Digital Stock Analysis

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