2024-06-21 PUT at $22.5 Option on Jamf Holding

JAMF Etf  USD 15.04  0.19  1.25%   
2024-06-21 PUT at $22.5 is a PUT option contract on Jamf Holding's common stock with a strick price of 22.5 expiring on 2024-06-21. The contract was last traded on 2024-05-23 at 14:20:33 for $5.92 and, as of today, has 10 days remaining before the expiration. The option is currently trading at a bid price of $7.1, and an ask price of $9.5. The implied volatility as of the 12th of June 2024 is 291.1.
  
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 closely tied 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 2024-06-21 Option Contract

The options market is anticipating that Jamf Holding will have an average daily up or down price movement of about 18.19% per day over the life of the option. With Jamf Holding trading at USD 15.04, that is roughly USD 2.74. 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 291.1%. 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 Name2024-06-21 PUT at $22.5
Expires On2024-06-21
Days Before Expriration10
Last Traded On2024-05-23 14:20:33
Contract PeriodMONTHLY
Open Interest1
Current Trading Volume0.0
Strike Price22.5
Last Traded At5.92
Current Price Spread7.1 | 9.5
Rule 16 Daily Up or DownUSD2.74

Jamf short PUT Option Greeks

Jamf Holding's Option Greeks for the contract ending on 2024-06-21 at a strike price of 22.5 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 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-0.7428
Gamma0.047
Theta-0.121
Vega0.0076
Rho-0.0037

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 14.2 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 22.5, 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
2024-06-21 PUT at $15.0-0.46410.42011122024-06-210.25 - 1.550.35Out
 Put
2024-06-21 PUT at $17.5-0.90010.1042472024-06-212.1 - 2.951.4In
 Put
2024-06-21 PUT at $20.0-0.79170.064662024-06-214.5 - 5.43.92In
 Put
2024-06-21 PUT at $22.5-0.74280.04712024-06-217.1 - 9.55.92In
 Put
2024-06-21 PUT at $25.0-0.76270.039502024-06-219.5 - 12.10.0In
 Put
2024-06-21 PUT at $30.0-0.78710.031102024-06-2114.6 - 17.00.0In

Other Information on Investing in Jamf Etf

Jamf Holding financial ratios help investors to determine whether Jamf Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Jamf with respect to the benefits of owning Jamf Holding security.