Eledon Pharmaceuticals Stock Options
| ELDN Stock | USD 3.61 0.10 2.85% |
Eledon Pharmaceuticals' latest option contracts expiring on May 16th 2025 are carrying combined implied volatility of 1.37 with a put-to-call open interest ratio of 0.0 over 8 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on May 16th 2025.
Open Interest Against May 16th 2025 Option Contracts
2025-05-16
The chart above shows Eledon Pharmaceuticals' 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. Eledon Pharmaceuticals' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Eledon Pharmaceuticals' option, there is no secondary market available for investors to trade.
In The Money vs. Out of Money Option Contracts on Eledon Pharmaceuticals
Analyzing Eledon Pharmaceuticals' in-the-money options over time can help investors to take a profitable long position in Eledon Pharmaceuticals regardless of its overall volatility. This is especially true when Eledon Pharmaceuticals' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Eledon Pharmaceuticals' options could be used as guardians of the underlying stock as they move almost dollar for dollar with Eledon Pharmaceuticals' stock while costing only a fraction of its price.
Please note that buying 'in-the-money' options on Eledon Pharmaceuticals lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Eledon Pharmaceuticals' value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money Eledon Pharmaceuticals contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if Eledon Stock moves the wrong way.
Eledon Pharmaceuticals In The Money Call Balance
When Eledon Pharmaceuticals' strike price is surpassing the current stock price, the option contract against Eledon Pharmaceuticals stock is said to be in the money. When it comes to buying Eledon Pharmaceuticals' 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 Eledon Pharmaceuticals 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.
Eledon Current Options Market Mood
Eledon Pharmaceuticals' 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 Eledon 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 Eledon Pharmaceuticals' options investors are not very successful. Eledon Pharmaceuticals' 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 Eledon contract
Base on the Rule 16, the options market is currently suggesting that Eledon Pharmaceuticals will have an average daily up or down price movement of about 0.0856% per day over the life of the 2025-05-16 option contract. With Eledon Pharmaceuticals trading at USD 3.61, that is roughly USD 0.003091. If you think that the market is fully incorporating Eledon Pharmaceuticals' daily price movement you should consider buying Eledon Pharmaceuticals options at the current volatility level of 1.37%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Eledon |
Purchasing Eledon Pharmaceuticals 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" Eledon calls. Remember, the seller must deliver Eledon Pharmaceuticals stock to the call owner when a call is exercised.
Eledon Pharmaceuticals Option Chain
When Eledon Pharmaceuticals' strike price is surpassing the current stock price, the option contract against Eledon Pharmaceuticals 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.
Eledon Pharmaceuticals' option chain is a display of a range of information that helps investors for ways to trade options on Eledon. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Eledon. It also shows strike prices and maturity days for a Eledon Pharmaceuticals 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 | ELDN250516C00010000 | 0 | 10.0 | 0.0 - 0.5 | 0.5 | |
Call | ELDN250516C00007500 | 429 | 7.5 | 0.0 - 0.3 | 0.01 | Out |
Call | ELDN250516C00005000 | 1450 | 5.0 | 0.1 - 0.4 | 0.15 | Out |
Call | ELDN250516C00002500 | 49 | 2.5 | 0.9 - 1.3 | 2.4 | In |
Put | ELDN250516P00010000 | 2 | 10.0 | 6.4 - 6.7 | 5.3 | In |
Put | ELDN250516P00007500 | 0 | 7.5 | 3.9 - 4.1 | 3.9 | In |
Put | ELDN250516P00005000 | 2 | 5.0 | 0.0 - 1.9 | 1.2 | In |
Put | ELDN250516P00002500 | 5 | 2.5 | 0.05 - 0.2 | 0.15 | Out |
Eledon Pharmaceuticals Market Cap Over Time
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Eledon Total Stockholder Equity
Total Stockholder Equity |
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Eledon Pharmaceuticals Corporate Management
| Marina Escudero | VP Operations | Profile | |
| Gregory Flesher | Consultant | Profile | |
| Bryan JD | Corporate Counsel | Profile | |
| John Herberger | Vice Operations | Profile | |
| Paul Little | Chief Officer | Profile | |
| David Hovland | Chief Officer | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eledon Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. To learn how to invest in Eledon Stock, please use our How to Invest in Eledon Pharmaceuticals guide.You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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 Eledon Pharmaceuticals. If investors know Eledon 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 Eledon Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Eledon Pharmaceuticals is measured differently than its book value, which is the value of Eledon that is recorded on the company's balance sheet. Investors also form their own opinion of Eledon Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Eledon Pharmaceuticals' 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 Eledon Pharmaceuticals' market value can be influenced by many factors that don't directly affect Eledon Pharmaceuticals' 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 Eledon Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Eledon Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eledon Pharmaceuticals' 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.