UPWK250117C00017500 Option on Upwork Inc
UPWK Stock | USD 15.98 0.22 1.36% |
UPWK250117C00017500 is a PUT option contract on Upwork's common stock with a strick price of 17.5 expiring on 2025-01-17. The contract was not traded in recent days and, as of today, has 9 days remaining before the expiration. The option is currently trading at a bid price of $1.7, and an ask price of $1.8. The implied volatility as of the 8th of January is 9.0.
Upwork |
When exercised, put options on Upwork produce a short position in Upwork Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Upwork's downside price movement.
Rule 16 of 2025-01-17 Option Contract
The options market is anticipating that Upwork Inc will have an average daily up or down price movement of about 0.0368% per day over the life of the option. With Upwork trading at USD 15.98, that is roughly USD 0.005888. If you think that the market is fully understating Upwork's daily price movement you should consider buying Upwork Inc 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 Call Option on Upwork
An 'Out of The Money' option on Upwork has a strike price that Upwork 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 Upwork's 'Out of The Money' options include buying the options if you expect a big move in Upwork'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.
Call Contract Name | UPWK250117C00017500 |
Expires On | 2025-01-17 |
Days Before Expriration | 9 |
Delta | 0.431354 |
Vega | 0.051842 |
Gamma | 0.050544 |
Theoretical Value | 1.75 |
Open Interest | 120 |
Strike Price | 17.5 |
Current Price Spread | 1.7 | 1.8 |
Rule 16 Daily Up or Down | USD 0.005888 |
Upwork short PUT Option Greeks
Upwork's Option Greeks for the contract ending on 2025-01-17 at a strike price of 17.5 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 Upwork's option greeks, its implied volatility helps estimate the risk of Upwork stock implied by the prices of the options on Upwork's stock.
Delta | 0.431354 | |
Gamma | 0.050544 | |
Theta | -0.003724 | |
Vega | 0.051842 | |
Rho | 0.042078 |
Upwork long PUT Option Payoff at expiration
Put options written on Upwork grant holders of the option the right to sell a specified amount of Upwork 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 Upwork Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Upwork is like buying insurance aginst Upwork's downside shift.
Profit |
Upwork Price At Expiration |
Upwork short PUT Option Payoff at expiration
By selling Upwork's put option, the investors signal their bearish sentiment. A short position in a put option written on Upwork will generally make money when the underlying price is above the strike price. Therefore Upwork's put payoff at expiration depends on where the Upwork Stock price is relative to the put option strike price. The breakeven price of 19.25 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 Upwork's price. Finally, at the strike price of 17.5, the payoff chart is constant and positive.
Profit |
Upwork Price At Expiration |
Upwork Inc Available Call Options
Upwork's option chain is a display of a range of information that helps investors for ways to trade options on Upwork. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Upwork. It also shows strike prices and maturity days for a Upwork 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 | UPWK250117C00002500 | 73 | 2.5 | 9.1 - 9.5 | 9.1 | Out |
Call | UPWK250117C00005000 | 191 | 5.0 | 7.0 - 7.4 | 7.0 | Out |
Call | UPWK250117C00007500 | 145 | 7.5 | 5.5 - 5.7 | 5.5 | Out |
Call | UPWK250117C00010000 | 441 | 10.0 | 4.0 - 4.3 | 4.23 | Out |
Call | UPWK250117C00012500 | 1449 | 12.5 | 3.0 - 3.2 | 3.1 | Out |
Call | UPWK250117C00015000 | 287 | 15.0 | 2.25 - 2.4 | 2.31 | Out |
Call | UPWK250117C00017500 | 120 | 17.5 | 1.7 - 1.8 | 1.7 | Out |
Call | UPWK250117C00020000 | 421 | 20.0 | 1.25 - 1.4 | 1.3 | Out |
Call | UPWK250117C00022500 | 296 | 22.5 | 0.95 - 1.05 | 0.95 | Out |
Call | UPWK250117C00025000 | 162 | 25.0 | 0.75 - 0.85 | 0.75 | Out |
Call | UPWK250117C00027500 | 132 | 27.5 | 0.55 - 0.65 | 0.55 | Out |
Call | UPWK250117C00030000 | 101 | 30.0 | 0.45 - 0.55 | 0.45 | Out |
Call | UPWK250117C00032500 | 6 | 32.5 | 0.35 - 0.45 | 0.35 | Out |
Call | UPWK250117C00035000 | 605 | 35.0 | 0.25 - 0.5 | 0.25 | Out |
Upwork Corporate Management
Andrew Rabinovich | Head VP | Profile | |
Dave Bottoms | General Marketplace | Profile | |
Jeff McCombs | Chief Officer | Profile | |
Erin Thomas | Inclusion Diversity | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Upwork Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Human Resource & Employment Services 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 Upwork. If investors know Upwork 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 Upwork listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.7 | Earnings Share 0.62 | Revenue Per Share | Quarterly Revenue Growth 0.103 | Return On Assets |
The market value of Upwork Inc is measured differently than its book value, which is the value of Upwork that is recorded on the company's balance sheet. Investors also form their own opinion of Upwork's value that differs from its market value or its book value, called intrinsic value, which is Upwork's 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 Upwork's market value can be influenced by many factors that don't directly affect Upwork's 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 Upwork's value and its price as these two are different measures arrived at by different means. Investors typically determine if Upwork is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Upwork's 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.