APP250110P00295000 Option on Applovin Corp

APP Stock  USD 354.93  4.28  1.22%   
APP250110P00295000 is a PUT option contract on Applovin Corp's common stock with a strick price of 295.0 expiring on 2025-01-10. The contract was not traded in recent days and, as of today, has 3 days remaining before the expiration. The option is currently trading at a bid price of $8.2, and an ask price of $12.1. The implied volatility as of the 7th of January is 3.0.
  
When exercised, put options on Applovin Corp produce a short position in Applovin Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Applovin Corp's downside price movement.

Rule 16 of 2025-01-10 Option Contract

The options market is anticipating that Applovin Corp will have an average daily up or down price movement of about 0.0366% per day over the life of the option. With Applovin Corp trading at USD 354.93, that is roughly USD 0.13. If you think that the market is fully understating Applovin Corp's daily price movement you should consider buying Applovin Corp options at that current volatility level of 0.59%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Applovin Corp

An 'Out of The Money' option on Applovin has a strike price that Applovin 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 Applovin Corp's 'Out of The Money' options include buying the options if you expect a big move in Applovin Corp'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 NameAPP250110P00295000
Expires On2025-01-10
Days Before Expriration3
Vega0.327746
Gamma0.004409
Theoretical Value8.79
Open Interest3
Current Trading Volume1.0
Strike Price295.0
Last Traded At8.79
Current Price Spread8.2 | 12.1
Rule 16 Daily Up or DownUSD 0.13

Applovin short PUT Option Greeks

Applovin Corp's Option Greeks for the contract ending on 2025-01-10 at a strike price of 295.0 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 Applovin Corp's option greeks, its implied volatility helps estimate the risk of Applovin Corp stock implied by the prices of the options on Applovin Corp's stock.
Delta-0.212801
Gamma0.004409
Theta-0.224465
Vega0.327746
Rho-0.081001

Applovin long PUT Option Payoff at expiration

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

Applovin short PUT Option Payoff at expiration

By selling Applovin Corp's put option, the investors signal their bearish sentiment. A short position in a put option written on Applovin Corp will generally make money when the underlying price is above the strike price. Therefore Applovin Corp's put payoff at expiration depends on where the Applovin Stock price is relative to the put option strike price. The breakeven price of 286.21 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 Applovin Corp's price. Finally, at the strike price of 295.0, the payoff chart is constant and positive.
   Profit   
       Applovin Corp Price At Expiration  
View All Applovin Corp Options

Applovin Corp Available Put Options

Applovin Corp's option chain is a display of a range of information that helps investors for ways to trade options on Applovin. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Applovin. It also shows strike prices and maturity days for a Applovin Corp 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
APP250110P001600000160.00.0 - 2.152.15Out
 Put
APP250110P001650000165.00.0 - 2.152.15Out
 Put
APP250110P001700000170.00.0 - 2.152.15Out
 Put
APP250110P001750000175.00.0 - 2.152.15Out
 Put
APP250110P001800000180.00.0 - 2.152.15Out
 Put
APP250110P001850000185.00.0 - 2.152.15Out
 Put
APP250110P001900000190.00.0 - 2.152.15Out
 Put
APP250110P001950000195.00.0 - 2.152.15Out
 Put
APP250110P002000000200.00.0 - 2.22.2Out
 Put
APP250110P002050000205.00.0 - 2.252.25Out
 Put
APP250110P002600001260.01.4 - 5.34.91Out
 Put
APP250110P002850001285.05.6 - 9.56.57Out
 Put
APP250110P002950003295.08.2 - 12.18.79Out
 Put
APP250110P0030000010300.010.0 - 13.610.25Out
 Put
APP250110P0030500010305.011.5 - 15.512.13Out
 Put
APP250110P003175001317.516.4 - 20.727.6Out

Applovin Corp Corporate Management

Additional Tools for Applovin Stock Analysis

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