2024-05-17 PUT at $20.0 Option on Jamf Holding

JAMF Etf  USD 17.45  0.28  1.58%   
2024-05-17 PUT at $20.0 is a PUT option contract on Jamf Holding's common stock with a strick price of 20.0 expiring on 2024-05-17. The contract was last traded on 2024-05-14 at 10:34:36 for $1.78 and, as of today, has 1 days remaining before the expiration. The option is currently trading at a bid price of $2.15, and an ask price of $3.2. The implied volatility as of the 16th of May 2024 is 221.33.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jamf Holding. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For more detail on how to invest in Jamf Etf please use our How to Invest in Jamf Holding guide.
A put option written on Jamf Holding becomes more valuable as the price of Jamf Holding drops. Conversely, Jamf Holding's put option loses its value as Jamf Etf rises. When exercised, put options on Jamf Holding produce a short position in Jamf Etf. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Jamf Holding's downside price movement.

Rule 16 of 2024-05-17 Option Contract

The options market is anticipating that Jamf Holding will have an average daily up or down price movement of about 13.83% per day over the life of the option. With Jamf Holding trading at USD 17.45, that is roughly USD 2.41. If you think that the market is fully understating Jamf Holding's daily price movement you should consider buying Jamf Holding options at that current volatility level of 221.33%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Put Option on Jamf Holding

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 Jamf Holding 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 Jamf Etf have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Put Contract Name2024-05-17 PUT at $20.0
Expires On2024-05-17
Days Before Expriration1
Last Traded On2024-05-14 10:34:36
Contract PeriodMONTHLY
Open Interest86
Current Trading Volume0.0
Strike Price20.0
Last Traded At1.78
Current Price Spread2.15 | 3.2
Rule 16 Daily Up or DownUSD2.41

Jamf short PUT Option Greeks

Jamf Holding's Option Greeks for the contract ending on 2024-05-17 at a strike price of 20.0 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 Jamf Holding's option greeks, its implied volatility helps estimate the risk of Jamf Holding stock implied by the prices of the options on Jamf Holding's stock.
Delta-0.8685
Gamma0.1056
Theta-0.2135
Vega0.0019
Rho-4.0E-4

Jamf long PUT Option Payoff at expiration

Put options written on Jamf Holding grant holders of the option the right to sell a specified amount of Jamf Holding 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 Jamf Etf cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Jamf Holding is like buying insurance aginst Jamf Holding's downside shift.
   Profit   
       Jamf Holding Price At Expiration  

Jamf short PUT Option Payoff at expiration

By selling Jamf Holding's put option, the investors signal their bearish sentiment. A short position in a put option written on Jamf Holding will generally make money when the underlying price is above the strike price. Therefore Jamf Holding's put payoff at expiration depends on where the Jamf Etf price is relative to the put option strike price. The breakeven price of 17.32 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 Jamf Holding's price. Finally, at the strike price of 20.0, the payoff chart is constant and positive.
   Profit   
       Jamf Holding Price At Expiration  
View All Jamf Holding Options

Jamf Holding Available Put Options

Jamf Holding's option chain is a display of a range of information that helps investors for ways to trade options on Jamf. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Jamf. It also shows strike prices and maturity days for a Jamf Holding 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.
DeltaGammaOpen IntExpirationCurrent SpreadLast Price
 Put
2024-05-17 PUT at $35.0-0.91480.020402024-05-1716.9 - 18.70.0In
 Put
2024-05-17 PUT at $25.0-0.65590.039302024-05-175.7 - 9.20.0In
 Put
2024-05-17 PUT at $22.5-0.94940.040312024-05-174.2 - 6.02.55In
 Put
2024-05-17 PUT at $20.0-0.86850.1056862024-05-172.15 - 3.21.78In
 Put
2024-05-17 PUT at $17.5-0.52740.70622502024-05-170.15 - 0.30.25In

Be your own money manager

Our tools can tell you how much better you can do entering a position in Jamf Holding 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.

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The danger of trading Jamf Holding is mainly related to its market volatility and ETF 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 Jamf Holding 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 Jamf Holding. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Jamf Holding 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.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jamf Holding. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For more detail on how to invest in Jamf Etf please use our How to Invest in Jamf Holding guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
The market value of Jamf Holding is measured differently than its book value, which is the value of Jamf that is recorded on the company's balance sheet. Investors also form their own opinion of Jamf Holding's value that differs from its market value or its book value, called intrinsic value, which is Jamf Holding'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 Jamf Holding's market value can be influenced by many factors that don't directly affect Jamf Holding'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 Jamf Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jamf Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jamf Holding'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.