TOST251017P00038000 Option on Toast Inc

TOST Stock  USD 46.66  2.18  4.46%   
TOST251017P00038000 is a PUT option contract on Toast's common stock with a strick price of 38.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 76 days remaining before the expiration. The option is currently trading at a bid price of $0.99, and an ask price of $1.25. The implied volatility as of the 2nd of August is 76.0.
When exercised, put options on Toast produce a short position in Toast Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Toast's downside price movement.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that Toast Inc will have an average daily up or down price movement of about 0.034% per day over the life of the option. With Toast trading at USD 46.66, that is roughly USD 0.0159. If you think that the market is fully understating Toast's daily price movement you should consider buying Toast Inc options at that current volatility level of 0.54%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Toast

An 'Out of The Money' option on Toast has a strike price that Toast 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 Toast's 'Out of The Money' options include buying the options if you expect a big move in Toast'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.
Put Contract NameTOST251017P00038000
Expires On2025-10-17
Days Before Expriration76
Vega0.052386
Gamma0.021292
Theoretical Value1.12
Open Interest6
Current Trading Volume1.0
Strike Price38.0
Last Traded At0.98
Current Price Spread0.99 | 1.25
Rule 16 Daily Up or DownUSD 0.0159

Toast short PUT Option Greeks

Toast's Option Greeks for the contract ending on 2025-10-17 at a strike price of 38.0 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 Toast's option greeks, its implied volatility helps estimate the risk of Toast stock implied by the prices of the options on Toast's stock.
Delta-0.162805
Gamma0.021292
Theta-0.017818
Vega0.052386
Rho-0.016359

Toast long PUT Option Payoff at expiration

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

Toast short PUT Option Payoff at expiration

By selling Toast's put option, the investors signal their bearish sentiment. A short position in a put option written on Toast will generally make money when the underlying price is above the strike price. Therefore Toast's put payoff at expiration depends on where the Toast Stock price is relative to the put option strike price. The breakeven price of 36.88 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 Toast's price. Finally, at the strike price of 38.0, the payoff chart is constant and positive.
   Profit   
       Toast Price At Expiration  
View All Toast Options

Toast Inc Available Put Options

Toast's option chain is a display of a range of information that helps investors for ways to trade options on Toast. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Toast. It also shows strike prices and maturity days for a Toast 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
TOST251017P00070000570.023.2 - 25.0521.1In
 Put
TOST251017P00065000165.018.3 - 18.7516.98In
 Put
TOST251017P00060000160.013.65 - 14.612.78In
 Put
TOST251017P000550002055.08.55 - 10.257.5In
 Put
TOST251017P0005000062450.05.85 - 5.955.65In
 Put
TOST251017P0004900015949.05.2 - 5.455.05In
 Put
TOST251017P0004800012748.04.65 - 4.754.65In
 Put
TOST251017P0004700013847.04.1 - 4.24.1In
 Put
TOST251017P0004600015946.03.6 - 3.73.6Out
 Put
TOST251017P0004500014845.03.15 - 3.252.24Out
 Put
TOST251017P0004400022944.02.74 - 2.942.73Out
 Put
TOST251017P0004300012143.02.36 - 2.522.5Out
 Put
TOST251017P0004200012342.02.02 - 2.12.1Out
 Put
TOST251017P000410009441.01.68 - 1.891.96Out
 Put
TOST251017P00040000207240.01.42 - 1.561.52Out
 Put
TOST251017P0003900010639.01.15 - 1.411.23Out
 Put
TOST251017P00038000638.00.99 - 1.250.98Out
 Put
TOST251017P000370002837.00.8 - 1.160.85Out
 Put
TOST251017P000360005236.00.0 - 0.770.48Out
 Put
TOST251017P000350005935.00.5 - 0.820.33Out
 Put
TOST251017P000330005533.00.0 - 0.610.17Out
 Put
TOST251017P00032000132.00.0 - 1.310.72Out
 Put
TOST251017P00031000231.00.0 - 1.640.87Out
 Put
TOST251017P000300001230.00.0 - 1.440.12Out
 Put
TOST251017P00025000125.00.0 - 1.520.05Out

Toast Corporate Management

Jerome LuoChief StaffProfile
Annie DrapeauChief People OfficerProfile
Deborah ChrapatyChief OfficerProfile
Steve FredettePresident Co-FounderProfile
Mike GutnerChief OfficerProfile
Jennifer DiricoGeneral Manager, Head of InternationalProfile

Additional Tools for Toast Stock Analysis

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