2024-10-18 PUT at $22.5 Option on Varex Imaging Corp

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 Varex Imaging 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 Varex Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.

Varex Imaging's Option Greeks for the contract ending on 2024-10-18 at a strike price of 22.5 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 Varex Imaging's option greeks, its implied volatility helps estimate the risk of Varex Imaging stock implied by the prices of the options on Varex Imaging's stock.

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

By selling Varex Imaging's put option, the investors signal their bearish sentiment. A short position in a put option written on Varex Imaging will generally make money when the underlying price is above the strike price. Therefore Varex Imaging's put payoff at expiration depends on where the Varex Stock price is relative to the put option strike price. The breakeven price of 10.8 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 Varex Imaging's price. Finally, at the strike price of 22.5, the payoff chart is constant and positive.

Varex Imaging's option chain is a display of a range of information that helps investors for ways to trade options on Varex. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Varex. It also shows strike prices and maturity days for a Varex Imaging 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.

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