EXEL250919C00048000 Option on Exelixis
EXEL Stock | USD 37.26 1.04 2.87% |
EXEL250919C00048000 is a PUT option contract on Exelixis' common stock with a strick price of 48.0 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 48 days remaining before the expiration. The option is currently trading at an ask price of $0.35. The implied volatility as of the 2nd of August is 48.0.
When exercised, put options on Exelixis produce a short position in Exelixis Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Exelixis' downside price movement.
Rule 16 of 2025-09-19 Option Contract
The options market is anticipating that Exelixis will have an average daily up or down price movement of about 0.0241% per day over the life of the option. With Exelixis trading at USD 37.26, that is roughly USD 0.00897. If you think that the market is fully understating Exelixis' daily price movement you should consider buying Exelixis options at that current volatility level of 0.39%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Call Option on Exelixis
An 'Out of The Money' option on Exelixis has a strike price that Exelixis 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 Exelixis' 'Out of The Money' options include buying the options if you expect a big move in Exelixis' 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 | EXEL250919C00048000 |
Expires On | 2025-09-19 |
Days Before Expriration | 48 |
Delta | 0.031308 |
Vega | 0.009451 |
Gamma | 0.013644 |
Theoretical Value | 0.06 |
Open Interest | 101 |
Current Trading Volume | 2.0 |
Strike Price | 48.0 |
Last Traded At | 0.06 |
Current Price Spread | 0.0 | 0.35 |
Rule 16 Daily Up or Down | USD 0.00897 |
Exelixis short PUT Option Greeks
Exelixis' Option Greeks for the contract ending on 2025-09-19 at a strike price of 48.0 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 Exelixis' option greeks, its implied volatility helps estimate the risk of Exelixis stock implied by the prices of the options on Exelixis' stock.
Delta | 0.031308 | |
Gamma | 0.013644 | |
Theta | -0.003769 | |
Vega | 0.009451 | |
Rho | 0.001471 |
Exelixis long PUT Option Payoff at expiration
Put options written on Exelixis grant holders of the option the right to sell a specified amount of Exelixis 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 Exelixis Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Exelixis is like buying insurance aginst Exelixis' downside shift.
Profit |
Exelixis Price At Expiration |
Exelixis short PUT Option Payoff at expiration
By selling Exelixis' put option, the investors signal their bearish sentiment. A short position in a put option written on Exelixis will generally make money when the underlying price is above the strike price. Therefore Exelixis' put payoff at expiration depends on where the Exelixis Stock price is relative to the put option strike price. The breakeven price of 48.06 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 Exelixis' price. Finally, at the strike price of 48.0, the payoff chart is constant and positive.
Profit |
Exelixis Price At Expiration |
Exelixis Available Call Options
Exelixis' option chain is a display of a range of information that helps investors for ways to trade options on Exelixis. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Exelixis. It also shows strike prices and maturity days for a Exelixis 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 | EXEL250919C00065000 | 0 | 65.0 | 0.0 - 1.35 | 1.35 | |
Call | EXEL250919C00060000 | 37 | 60.0 | 0.0 - 0.3 | 0.18 | Out |
Call | EXEL250919C00055000 | 97 | 55.0 | 0.0 - 0.05 | 0.1 | Out |
Call | EXEL250919C00050000 | 189 | 50.0 | 0.0 - 0.35 | 0.35 | Out |
Call | EXEL250919C00049000 | 269 | 49.0 | 0.0 - 0.95 | 0.98 | Out |
Call | EXEL250919C00048000 | 101 | 48.0 | 0.0 - 0.35 | 0.06 | Out |
Call | EXEL250919C00047000 | 154 | 47.0 | 0.0 - 0.95 | 0.1 | Out |
Call | EXEL250919C00046000 | 120 | 46.0 | 0.0 - 1.55 | 1.16 | Out |
Call | EXEL250919C00045000 | 209 | 45.0 | 0.0 - 0.35 | 0.05 | Out |
Call | EXEL250919C00044000 | 72 | 44.0 | 0.0 - 0.3 | 0.18 | Out |
Call | EXEL250919C00043000 | 55 | 43.0 | 0.0 - 0.2 | 0.22 | Out |
Call | EXEL250919C00042000 | 27 | 42.0 | 0.2 - 0.3 | 0.4 | Out |
Call | EXEL250919C00041000 | 109 | 41.0 | 0.0 - 0.65 | 0.5 | Out |
Call | EXEL250919C00040000 | 1715 | 40.0 | 0.45 - 0.6 | 0.45 | Out |
Call | EXEL250919C00039000 | 150 | 39.0 | 0.7 - 0.85 | 0.75 | Out |
Call | EXEL250919C00038000 | 106 | 38.0 | 1.0 - 1.15 | 1.09 | Out |
Call | EXEL250919C00037000 | 236 | 37.0 | 1.15 - 1.55 | 1.8 | Out |
Call | EXEL250919C00036000 | 18 | 36.0 | 1.85 - 2.0 | 1.93 | In |
Call | EXEL250919C00035000 | 29 | 35.0 | 2.4 - 2.6 | 2.48 | In |
Exelixis Corporate Management
Laura Dillard | Executive Resources | Profile | |
Tony Redmond | Senior Resources | Profile | |
Gregg Bernier | VP Marketing | Profile | |
William MD | Senior Affairs | Profile | |
Amy MD | Executive Officer | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Exelixis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more information on how to buy Exelixis Stock please use our How to buy in Exelixis Stock guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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 Exelixis. If investors know Exelixis 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 Exelixis listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.16) | Earnings Share 2.08 | Revenue Per Share | Quarterly Revenue Growth (0.11) | Return On Assets |
The market value of Exelixis is measured differently than its book value, which is the value of Exelixis that is recorded on the company's balance sheet. Investors also form their own opinion of Exelixis' value that differs from its market value or its book value, called intrinsic value, which is Exelixis' 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 Exelixis' market value can be influenced by many factors that don't directly affect Exelixis' 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 Exelixis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Exelixis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Exelixis' 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.