2024-05-17 PUT at $15.0 Option on Cryoport
| CYRX Stock | USD 15.95 1.21 7.05% |
2024-05-17 PUT at $15.0 is a PUT option contract on Cryoport's common stock with a strick price of 15.0 expiring on 2024-05-17. The contract was last traded on 2024-05-03 at 15:59:59 for $0.95 and, as of today, has 12 days remaining before the expiration. The option is currently trading at a bid price of $0.65, and an ask price of $0.9. The implied volatility as of the 5th of May is 103.3.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cryoport. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Cryoport Stock please use our How to Invest in Cryoport guide.
Cryoport |
A put option written on Cryoport becomes more valuable as the price of Cryoport drops. Conversely, Cryoport's put option loses its value as Cryoport Stock rises. When exercised, put options on Cryoport produce a short position in Cryoport Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Cryoport's downside price movement.
Rule 16 of 2024-05-17 Option Contract
The options market is anticipating that Cryoport will have an average daily up or down price movement of about 6.46% per day over the life of the option. With Cryoport trading at USD 15.95, that is roughly USD 1.03. If you think that the market is fully understating Cryoport's daily price movement you should consider buying Cryoport options at that current volatility level of 103.3%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on Cryoport
An 'Out of The Money' option on Cryoport has a strike price that Cryoport 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 Cryoport's 'Out of The Money' options include buying the options if you expect a big move in Cryoport'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 Name | 2024-05-17 PUT at $15.0 |
| Expires On | 2024-05-17 |
| Days Before Expriration | 12 |
| Last Traded On | 2024-05-03 15:59:59 |
| Contract Period | MONTHLY |
| Open Interest | 523 |
| Current Trading Volume | 500.0 |
| Strike Price | 15.0 |
| Last Traded At | 0.95 |
| Current Price Spread | 0.65 | 0.9 |
| Rule 16 Daily Up or Down | USD1.03 |
Cryoport short PUT Option Greeks
Cryoport's Option Greeks for the contract ending on 2024-05-17 at a strike price of 15.0 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 Cryoport's option greeks, its implied volatility helps estimate the risk of Cryoport stock implied by the prices of the options on Cryoport's stock.
| Delta | -0.337 | |
| Gamma | 0.1176 | |
| Theta | -0.0429 | |
| Vega | 0.011 | |
| Rho | -0.0019 |
Cryoport long PUT Option Payoff at expiration
Put options written on Cryoport grant holders of the option the right to sell a specified amount of Cryoport 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 Cryoport Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Cryoport is like buying insurance aginst Cryoport's downside shift.
Profit |
| Cryoport Price At Expiration |
Cryoport short PUT Option Payoff at expiration
By selling Cryoport's put option, the investors signal their bearish sentiment. A short position in a put option written on Cryoport will generally make money when the underlying price is above the strike price. Therefore Cryoport's put payoff at expiration depends on where the Cryoport Stock price is relative to the put option strike price. The breakeven price of 14.22 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 Cryoport's price. Finally, at the strike price of 15.0, the payoff chart is constant and positive.
Profit |
| Cryoport Price At Expiration |
Cryoport Available Put Options
Cryoport's option chain is a display of a range of information that helps investors for ways to trade options on Cryoport. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Cryoport. It also shows strike prices and maturity days for a Cryoport 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.
| Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Put | 2024-05-17 PUT at $12.5 | -0.1009 | 0.0529 | 756 | 2024-05-17 | 0.15 - 0.2 | 0.14 | Out |
Put | 2024-05-17 PUT at $15.0 | -0.337 | 0.1176 | 523 | 2024-05-17 | 0.65 - 0.9 | 0.95 | Out |
Put | 2024-05-17 PUT at $17.5 | -0.6592 | 0.1264 | 104 | 2024-05-17 | 2.05 - 2.2 | 1.83 | In |
Put | 2024-05-17 PUT at $20.0 | -0.7865 | 0.0745 | 6 | 2024-05-17 | 4.1 - 4.8 | 3.63 | In |
Put | 2024-05-17 PUT at $22.5 | -0.9202 | 0.0414 | 0 | 2024-05-17 | 5.7 - 7.6 | 0.0 | In |
Put | 2024-05-17 PUT at $25.0 | -0.8299 | 0.0408 | 0 | 2024-05-17 | 8.5 - 10.5 | 9.85 | In |
Put | 2024-05-17 PUT at $27.5 | -0.8904 | 0.0309 | 0 | 2024-05-17 | 11.0 - 12.6 | 0.0 | In |
Put | 2024-05-17 PUT at $30.0 | -0.8857 | 0.0275 | 0 | 2024-05-17 | 13.5 - 15.2 | 0.0 | In |
Put | 2024-05-17 PUT at $32.5 | -0.8088 | 0.0283 | 0 | 2024-05-17 | 16.0 - 18.6 | 0.0 | In |
Put | 2024-05-17 PUT at $35.0 | -0.9076 | 0.021 | 0 | 2024-05-17 | 18.3 - 20.3 | 0.0 | In |
Put | 2024-05-17 PUT at $37.5 | -0.9507 | 0.0142 | 0 | 2024-05-17 | 20.8 - 22.5 | 0.0 | In |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Cryoport without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Cryoport Corporate Management
Elected by the shareholders, the Cryoport's board of directors comprises two types of representatives: Cryoport inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cryoport. The board's role is to monitor Cryoport's management team and ensure that shareholders' interests are well served. Cryoport's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cryoport's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Thomas Heinzen | Vice Relations | Profile | |
| Tony Ippolito | VP Counsel | Profile | |
| Phil Wilson | LLC Systems | Profile | |
| Edward Zecchini | Senior Officer | Profile |
Already Invested in Cryoport?
The danger of trading Cryoport is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Cryoport is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Cryoport. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Cryoport is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Cryoport offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cryoport's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cryoport Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cryoport Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cryoport. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Cryoport Stock please use our How to Invest in Cryoport guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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When running Cryoport's price analysis, check to measure Cryoport'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 Cryoport is operating at the current time. Most of Cryoport's value examination focuses on studying past and present price action to predict the probability of Cryoport's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cryoport's price. Additionally, you may evaluate how the addition of Cryoport to your portfolios can decrease your overall portfolio volatility.
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Is Cryoport's industry 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 Cryoport. If investors know Cryoport 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 Cryoport listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.21) | Revenue Per Share 4.786 | Quarterly Revenue Growth (0.05) | Return On Assets (0.04) | Return On Equity (0.19) |
The market value of Cryoport is measured differently than its book value, which is the value of Cryoport that is recorded on the company's balance sheet. Investors also form their own opinion of Cryoport's value that differs from its market value or its book value, called intrinsic value, which is Cryoport'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 Cryoport's market value can be influenced by many factors that don't directly affect Cryoport'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 Cryoport's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cryoport is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cryoport'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.