2024-05-17 PUT at $44.0 Option on HR Block
| HRB Stock | USD 48.03 0.33 0.69% |
2024-05-17 PUT at $44.0 is a PUT option contract on HR Block's common stock with a strick price of 44.0 expiring on 2024-05-17. The contract was last traded on 2024-04-30 at 13:57:12 for $0.63 and, as of today, has 15 days remaining before the expiration. The option is currently trading at a bid price of $0.4, and an ask price of $0.5. The implied volatility as of the 3rd of May is 50.11.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HR Block. 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 information on how to trade HRB Stock refer to our How to Trade HRB Stock guide.
HRB |
A put option written on HR Block becomes more valuable as the price of HR Block drops. Conversely, HR Block's put option loses its value as HRB Stock rises. When exercised, put options on HR Block produce a short position in HRB Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on HR Block's downside price movement.
Rule 16 of 2024-05-17 Option Contract
The options market is anticipating that HR Block will have an average daily up or down price movement of about 3.13% per day over the life of the option. With HR Block trading at USD 48.03, that is roughly USD 1.5. If you think that the market is fully understating HR Block's daily price movement you should consider buying HR Block options at that current volatility level of 50.11%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on HR Block
An 'Out of The Money' option on HRB has a strike price that HRB 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 HR Block's 'Out of The Money' options include buying the options if you expect a big move in HR Block'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 $44.0 |
| Expires On | 2024-05-17 |
| Days Before Expriration | 15 |
| Last Traded On | 2024-04-30 13:57:12 |
| Contract Period | MONTHLY |
| Open Interest | 152 |
| Current Trading Volume | 0.0 |
| Strike Price | 44.0 |
| Last Traded At | 0.63 |
| Current Price Spread | 0.4 | 0.5 |
| Rule 16 Daily Up or Down | USD1.5 |
HRB short PUT Option Greeks
HR Block's Option Greeks for the contract ending on 2024-05-17 at a strike price of 44.0 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 HR Block's option greeks, its implied volatility helps estimate the risk of HR Block stock implied by the prices of the options on HR Block's stock.
| Delta | -0.1705 | |
| Gamma | 0.0538 | |
| Theta | -0.0421 | |
| Vega | 0.0238 | |
| Rho | -0.003 |
HRB long PUT Option Payoff at expiration
Put options written on HR Block grant holders of the option the right to sell a specified amount of HR Block 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 HRB Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on HR Block is like buying insurance aginst HR Block's downside shift.
Profit |
| HR Block Price At Expiration |
HRB short PUT Option Payoff at expiration
By selling HR Block's put option, the investors signal their bearish sentiment. A short position in a put option written on HR Block will generally make money when the underlying price is above the strike price. Therefore HR Block's put payoff at expiration depends on where the HRB Stock price is relative to the put option strike price. The breakeven price of 43.55 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 HR Block's price. Finally, at the strike price of 44.0, the payoff chart is constant and positive.
Profit |
| HR Block Price At Expiration |
HR Block Available Put Options
HR Block's option chain is a display of a range of information that helps investors for ways to trade options on HRB. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for HRB. It also shows strike prices and maturity days for a HR Block 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 $70.0 | -0.8895 | 0.0142 | 0 | 2024-05-17 | 20.6 - 24.5 | 0.0 | In |
Put | 2024-05-17 PUT at $65.0 | -0.9497 | 0.0124 | 0 | 2024-05-17 | 15.0 - 19.2 | 0.0 | In |
Put | 2024-05-17 PUT at $60.0 | -0.9047 | 0.0221 | 0 | 2024-05-17 | 10.0 - 14.5 | 0.0 | In |
Put | 2024-05-17 PUT at $55.0 | -0.8337 | 0.0399 | 20 | 2024-05-17 | 5.7 - 9.2 | 6.3 | In |
Put | 2024-05-17 PUT at $50.0 | -0.6485 | 0.084 | 26 | 2024-05-17 | 2.85 - 3.0 | 3.9 | In |
Put | 2024-05-17 PUT at $49.0 | -0.5604 | 0.0859 | 56 | 2024-05-17 | 2.2 - 2.35 | 2.35 | In |
Put | 2024-05-17 PUT at $48.0 | -0.4745 | 0.0864 | 128 | 2024-05-17 | 1.65 - 1.8 | 1.8 | Out |
Put | 2024-05-17 PUT at $47.0 | -0.3849 | 0.087 | 153 | 2024-05-17 | 1.2 - 1.35 | 1.25 | Out |
Put | 2024-05-17 PUT at $46.0 | -0.3013 | 0.078 | 154 | 2024-05-17 | 0.85 - 0.95 | 1.0 | Out |
Put | 2024-05-17 PUT at $45.0 | -0.2307 | 0.0659 | 296 | 2024-05-17 | 0.6 - 0.7 | 0.71 | Out |
Put | 2024-05-17 PUT at $44.0 | -0.1705 | 0.0538 | 152 | 2024-05-17 | 0.4 - 0.5 | 0.63 | Out |
Put | 2024-05-17 PUT at $43.0 | -0.1214 | 0.0421 | 123 | 2024-05-17 | 0.25 - 0.35 | 0.35 | Out |
Put | 2024-05-17 PUT at $42.0 | -0.0851 | 0.0317 | 50 | 2024-05-17 | 0.15 - 0.25 | 0.3 | Out |
Put | 2024-05-17 PUT at $41.0 | -0.0636 | 0.024 | 0 | 2024-05-17 | 0.1 - 0.2 | 0.0 | Out |
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Our tools can tell you how much better you can do entering a position in HR Block 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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HR Block Corporate Directors
HR Block corporate directors refer to members of a HR Block board of directors. The board of directors generally takes responsibility for the HR Block's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of HR Block's board members must vote for the resolution. The HR Block board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Paul Brown | Independent Director | Profile | |
| James Wright | Independent Director | Profile | |
| Sean Cohan | Independent Director | Profile | |
| Richard Johnson | Independent Director | Profile |
Already Invested in HR Block?
The danger of trading HR Block 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 HR Block 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 HR Block. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile HR Block 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 HR Block offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of HR Block'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 Hr Block Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hr Block Stock: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in HR Block. 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 information on how to trade HRB Stock refer to our How to Trade HRB Stock guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
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When running HR Block's price analysis, check to measure HR Block'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 HR Block is operating at the current time. Most of HR Block's value examination focuses on studying past and present price action to predict the probability of HR Block's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HR Block's price. Additionally, you may evaluate how the addition of HR Block to your portfolios can decrease your overall portfolio volatility.
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Is HR Block'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 HR Block. If investors know HRB 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 HR Block 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 0.444 | Dividend Share 1.22 | Earnings Share 3.6 | Revenue Per Share 23.597 | Quarterly Revenue Growth 0.076 |
The market value of HR Block is measured differently than its book value, which is the value of HRB that is recorded on the company's balance sheet. Investors also form their own opinion of HR Block's value that differs from its market value or its book value, called intrinsic value, which is HR Block'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 HR Block's market value can be influenced by many factors that don't directly affect HR Block'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 HR Block's value and its price as these two are different measures arrived at by different means. Investors typically determine if HR Block is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HR Block'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.