BFLY250117C00010000 Option on Butterfly Network

BFLY Stock  USD 3.94  0.27  7.36%   
Butterfly Network's latest option contracts expiring on April 17th 2025 are carrying combined implied volatility of 1.27 with a put-to-call open interest ratio of 0.15 over 24 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on April 17th 2025.

Open Interest Against April 17th 2025 Option Contracts

Butterfly Network option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Butterfly Network's lending market. For example, when Butterfly Network's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Butterfly Network, he or she must hedge the risk by shorting Butterfly Network stock over its option's life.
The chart above shows Butterfly Network's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Butterfly Network's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Butterfly Network's option, there is no secondary market available for investors to trade.

Butterfly Network Maximum Pain Price Across 2025-04-17 Option Contracts

Max pain occurs when Butterfly Network's market makers reach a net positive position across all Butterfly Network's options at a strike price where option holders stand to lose the most money. By contrast, Butterfly Network's option sellers may reap the most after selling more options than buying, causing them to expire worthless.

In The Money vs. Out of Money Option Contracts on Butterfly Network

Analyzing Butterfly Network's in-the-money options over time can help investors to take a profitable long position in Butterfly Network regardless of its overall volatility. This is especially true when Butterfly Network's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Butterfly Network's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Butterfly Network's stock while costing only a fraction of its price.

Butterfly Network In The Money Call Balance

When Butterfly Network's strike price is surpassing the current stock price, the option contract against Butterfly Network stock is said to be in the money. When it comes to buying Butterfly Network's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Butterfly Network are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Butterfly Current Options Market Mood

Butterfly Network's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Butterfly Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Unfortunately, most Butterfly Network's options investors are not very successful. Butterfly Network's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.

Rule 16 of the current Butterfly contract

Base on the Rule 16, the options market is currently suggesting that Butterfly Network will have an average daily up or down price movement of about 0.0794% per day over the life of the 2025-04-17 option contract. With Butterfly Network trading at USD 3.94, that is roughly USD 0.003127. If you think that the market is fully incorporating Butterfly Network's daily price movement you should consider buying Butterfly Network options at the current volatility level of 1.27%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Butterfly Network options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Butterfly calls. Remember, the seller must deliver Butterfly Network stock to the call owner when a call is exercised.

Butterfly Network Option Chain

When Butterfly Network's strike price is surpassing the current stock price, the option contract against Butterfly Network stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Butterfly Network's option chain is a display of a range of information that helps investors for ways to trade options on Butterfly. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Butterfly. It also shows strike prices and maturity days for a Butterfly Network 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
Call
BFLY250417C000015003731.52.1 - 2.351.87In
Call
BFLY250417C00001000981.02.55 - 2.952.3In
Call
BFLY250417C00000500310.53.1 - 3.33.8In
Call
BFLY250417C000035001523.50.7 - 0.90.86In
Call
BFLY250417C00003000263.00.9 - 1.251.19In
Call
BFLY250417C0000250020092.51.25 - 1.51.35In
Call
BFLY250417C000020008022.01.65 - 1.91.75In
Call
BFLY250417C00005500945.50.0 - 0.350.47Out
Call
BFLY250417C0000500032105.00.3 - 0.450.36Out
Call
BFLY250417C000045002794.50.35 - 0.550.5Out
Call
BFLY250417C000040002174.00.5 - 0.70.65Out
Call
BFLY250417C0000750024427.50.1 - 0.20.12Out
 Put
BFLY250417P00001500691.50.0 - 0.40.1Out
 Put
BFLY250417P00001000861.00.0 - 0.10.05Out
 Put
BFLY250417P0000050050.50.0 - 0.10.01Out
 Put
BFLY250417P00003500343.50.5 - 0.70.55Out
 Put
BFLY250417P00003000523.00.0 - 0.450.36Out
 Put
BFLY250417P000025006542.50.15 - 0.250.18Out
 Put
BFLY250417P000020004972.00.0 - 0.20.15Out
 Put
BFLY250417P00005500195.52.0 - 2.152.11In
 Put
BFLY250417P00005000385.01.6 - 1.751.73In
 Put
BFLY250417P0000450064.51.2 - 1.31.2In
 Put
BFLY250417P0000400034.00.2 - 1.050.88In
 Put
BFLY250417P0000750007.53.8 - 4.03.9In

Butterfly Network Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

Butterfly Network Market Cap Over Time

   Market Cap   
       Timeline  

Butterfly Total Stockholder Equity

Total Stockholder Equity

171.56 Million

At this time, Butterfly Network's Total Stockholder Equity is fairly stable compared to the past year.

Butterfly Network Corporate Management

David RamseyChief OfficerProfile
John HammergrenIndependent DirectorProfile
Dawn CarforaIndependent DirectorProfile
Stacey PughChief Commercial OfficerProfile
John MartinChief Medical OfficerProfile

Additional Tools for Butterfly Stock Analysis

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