2024-05-17 PUT at $35.0 Option on Kimball Electronics
| KE Stock | USD 22.33 0.25 1.11% |
2024-05-17 PUT at $35.0 is a PUT option contract on Kimball Electronics' common stock with a strick price of 35.0 expiring on 2024-05-17. The contract was not traded in recent days and, as of today, has 6 days remaining before the expiration. The option is currently trading at a bid price of $12.1, and an ask price of $14.2. The implied volatility as of the 11th of May 2024 is 280.13.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kimball Electronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For information on how to trade Kimball Stock refer to our How to Trade Kimball Stock guide.
Kimball |
A put option written on Kimball Electronics becomes more valuable as the price of Kimball Electronics drops. Conversely, Kimball Electronics' put option loses its value as Kimball Stock rises. When exercised, put options on Kimball Electronics produce a short position in Kimball Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Kimball Electronics' downside price movement.
Rule 16 of 2024-05-17 Option Contract
The options market is anticipating that Kimball Electronics will have an average daily up or down price movement of about 17.51% per day over the life of the option. With Kimball Electronics trading at USD 22.33, that is roughly USD 3.91. If you think that the market is fully understating Kimball Electronics' daily price movement you should consider buying Kimball Electronics options at that current volatility level of 280.13%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Put Option on Kimball Electronics
An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Kimball Electronics positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Kimball Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
| Put Contract Name | 2024-05-17 PUT at $35.0 |
| Expires On | 2024-05-17 |
| Days Before Expriration | 6 |
| Last Traded On | 0000-00-00 00:00:00 |
| Contract Period | MONTHLY |
| Open Interest | 0 |
| Current Trading Volume | 0.0 |
| Strike Price | 35.0 |
| Last Traded At | 0.0 |
| Current Price Spread | 12.1 | 14.2 |
| Rule 16 Daily Up or Down | USD3.91 |
Kimball short PUT Option Greeks
Kimball Electronics' Option Greeks for the contract ending on 2024-05-17 at a strike price of 35.0 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 Kimball Electronics' option greeks, its implied volatility helps estimate the risk of Kimball Electronics stock implied by the prices of the options on Kimball Electronics' stock.
| Delta | -0.8583 | |
| Gamma | 0.0281 | |
| Theta | -0.1465 | |
| Vega | 0.0064 | |
| Rho | -0.0038 |
Kimball long PUT Option Payoff at expiration
Put options written on Kimball Electronics grant holders of the option the right to sell a specified amount of Kimball Electronics 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 Kimball Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Kimball Electronics is like buying insurance aginst Kimball Electronics' downside shift.
Profit |
| Kimball Electronics Price At Expiration |
Kimball short PUT Option Payoff at expiration
By selling Kimball Electronics' put option, the investors signal their bearish sentiment. A short position in a put option written on Kimball Electronics will generally make money when the underlying price is above the strike price. Therefore Kimball Electronics' put payoff at expiration depends on where the Kimball Stock price is relative to the put option strike price. The breakeven price of 21.85 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 Kimball Electronics' price. Finally, at the strike price of 35.0, the payoff chart is constant and positive.
Profit |
| Kimball Electronics Price At Expiration |
Kimball Electronics Available Put Options
Kimball Electronics' option chain is a display of a range of information that helps investors for ways to trade options on Kimball. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Kimball. It also shows strike prices and maturity days for a Kimball Electronics 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 $25.0 | -0.6283 | 0.0682 | 0 | 2024-05-17 | 1.1 - 3.9 | 0.0 | In |
Put | 2024-05-17 PUT at $30.0 | -0.9212 | 0.0339 | 0 | 2024-05-17 | 6.3 - 9.3 | 0.0 | In |
Put | 2024-05-17 PUT at $35.0 | -0.8583 | 0.0281 | 0 | 2024-05-17 | 12.1 - 14.2 | 0.0 | In |
Put | 2024-05-17 PUT at $40.0 | -0.9614 | 0.0124 | 0 | 2024-05-17 | 16.2 - 19.3 | 0.0 | In |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Kimball Electronics 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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Kimball Electronics Corporate Management
Elected by the shareholders, the Kimball Electronics' board of directors comprises two types of representatives: Kimball Electronics inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Kimball. The board's role is to monitor Kimball Electronics' management team and ensure that shareholders' interests are well served. Kimball Electronics' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Kimball Electronics' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Isabel Wells | Chief Officer | Profile | |
| Andrew Regrut | Vice Relations | Profile | |
| Jessica DeLorenzo | Vice Resources | Profile | |
| Douglas Hass | Chief Secretary | Profile | |
| Adam Smith | Treasurer | Profile |
Already Invested in Kimball Electronics?
The danger of trading Kimball Electronics 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 Kimball Electronics 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 Kimball Electronics. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Kimball Electronics 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 Kimball Electronics is a strong investment it is important to analyze Kimball Electronics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Kimball Electronics' future performance. For an informed investment choice regarding Kimball Stock, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kimball Electronics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For information on how to trade Kimball Stock refer to our How to Trade Kimball Stock guide.Note that the Kimball Electronics information on this page should be used as a complementary analysis to other Kimball Electronics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Kimball Stock analysis
When running Kimball Electronics' price analysis, check to measure Kimball Electronics' 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 Kimball Electronics is operating at the current time. Most of Kimball Electronics' value examination focuses on studying past and present price action to predict the probability of Kimball Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kimball Electronics' price. Additionally, you may evaluate how the addition of Kimball Electronics to your portfolios can decrease your overall portfolio volatility.
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Is Kimball Electronics' 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 Kimball Electronics. If investors know Kimball 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 Kimball Electronics 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 0.906 | Earnings Share 1.27 | Revenue Per Share 71.032 | Quarterly Revenue Growth 0.15 | Return On Assets 0.044 |
The market value of Kimball Electronics is measured differently than its book value, which is the value of Kimball that is recorded on the company's balance sheet. Investors also form their own opinion of Kimball Electronics' value that differs from its market value or its book value, called intrinsic value, which is Kimball Electronics' 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 Kimball Electronics' market value can be influenced by many factors that don't directly affect Kimball Electronics' 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 Kimball Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kimball Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kimball Electronics' 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.