2024-05-17 CALL at $195.0 Option on Jones Lang LaSalle
| JLL Stock | USD 185.52 1.53 0.83% |
2024-05-17 CALL at $195.0 is a CALL option contract on Jones Lang's common stock with a strick price of 195.0 expiring on 2024-05-17. The contract was last traded on 2024-05-03 at 15:11:20 for $2.5 and, as of today, has 12 days remaining before the expiration. The option is currently trading at a bid price of $1.5, and an ask price of $2.65. The implied volatility as of the 5th of May is 41.98.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jones Lang LaSalle. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Jones |
Call options on Jones Lang give the investor right to buy Jones Stock at a specified price within a specific period. The strike price represents the predetermined price at which a call buyer can buy Jones Stock. Call options may be purchased for speculation or sold for income purposes, or simply combined for various spread or combination strategies. If Jones Lang's price is above the strike price at expiry, the profit is the current Jones Lang's stock price, minus the strike price and the premium.
Rule 16 of 2024-05-17 Option Contract
The options market is anticipating that Jones Lang LaSalle will have an average daily up or down price movement of about 2.62% per day over the life of the option. With Jones Lang trading at USD 185.52, that is roughly USD 4.87. If you think that the market is fully understating Jones Lang's daily price movement you should consider buying Jones Lang LaSalle options at that current volatility level of 41.98%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Call Option on Jones Lang
An 'Out of The Money' option on Jones has a strike price that Jones 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 Jones Lang's 'Out of The Money' options include buying the options if you expect a big move in Jones Lang'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.
| Call Contract Name | 2024-05-17 CALL at $195.0 |
| Expires On | 2024-05-17 |
| Days Before Expriration | 12 |
| Last Traded On | 2024-05-03 15:11:20 |
| Contract Period | MONTHLY |
| Open Interest | 8 |
| Current Trading Volume | 42.0 |
| Strike Price | 195.0 |
| Last Traded At | 2.5 |
| Current Price Spread | 1.5 | 2.65 |
| Rule 16 Daily Up or Down | USD4.87 |
Jones short CALL Option Greeks
Jones Lang's Option Greeks for the contract ending on 2024-05-17 at a strike price of 195.0 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 Jones Lang's option greeks, its implied volatility helps estimate the risk of Jones Lang stock implied by the prices of the options on Jones Lang's stock.
| Delta | 0.2844 | |
| Gamma | 0.0231 | |
| Theta | -0.1977 | |
| Vega | 0.1187 | |
| Rho | 0.0179 |
Jones long CALL Option Payoff at expiration
Buying Jones Lang's call option is the simplest of option trades. A call option on Jones Stock gives investors the right (but not the obligation) to purchase Jones Lang at the given strike price. Therefore Jones Lang's call intrinsic value or payoff at expiration depends on where the Jones Stock price is relative to the call option strike price. The strike price of 195.0 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and negative (the trade is a loss). Above the strike, the payoff line is upward sloping as the option payoff rises in proportion with Jones Lang's price. Finally, at the break-even point of 197.5, the line crosses zero, and trading Jones becomes profitable.
Profit |
| Jones Lang Price At Expiration |
Jones short CALL Option Payoff at expiration
By selling Jones Lang's call option, the investors signals his or her bearish sentiment. A short position in a call option written on Jones Lang will generally make money when the underlying price goes down. Therefore Jones Lang's call intrinsic value or payoff at expiration depends on where the Jones Stock price is relative to the call option strike price. The strike price of 195.0 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and positive (the seller makes a profit). Above the strike, the payoff line is downward sloping as the option payoff drops in proportion to Jones Lang's price. Finally, at the break-even point of 197.5, the line crosses zero, and trading Jones becomes disadvantageous with no downside limits.
Profit |
| Jones Lang Price At Expiration |
Jones Lang LaSalle Available Call Options
Jones Lang's option chain is a display of a range of information that helps investors for ways to trade options on Jones. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Jones. It also shows strike prices and maturity days for a Jones Lang 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 | |||
Call | 2024-05-17 CALL at $90.0 | 0.9526 | 0.001 | 0 | 2024-05-17 | 93.0 - 97.9 | 0.0 | In |
Call | 2024-05-17 CALL at $95.0 | 0.9495 | 0.0012 | 0 | 2024-05-17 | 88.0 - 92.9 | 0.0 | In |
Call | 2024-05-17 CALL at $100.0 | 0.9447 | 0.0013 | 0 | 2024-05-17 | 83.2 - 88.0 | 0.0 | In |
Call | 2024-05-17 CALL at $105.0 | 0.941 | 0.0015 | 0 | 2024-05-17 | 78.2 - 83.0 | 0.0 | In |
Call | 2024-05-17 CALL at $110.0 | 0.9369 | 0.0017 | 0 | 2024-05-17 | 73.2 - 78.0 | 0.0 | In |
Call | 2024-05-17 CALL at $115.0 | 0.9939 | 5.0E-4 | 0 | 2024-05-17 | 68.5 - 73.0 | 0.0 | In |
Call | 2024-05-17 CALL at $120.0 | 0.994 | 5.0E-4 | 0 | 2024-05-17 | 63.5 - 68.0 | 0.0 | In |
Call | 2024-05-17 CALL at $125.0 | 0.9943 | 5.0E-4 | 0 | 2024-05-17 | 58.5 - 63.0 | 0.0 | In |
Call | 2024-05-17 CALL at $130.0 | 0.9808 | 0.0014 | 0 | 2024-05-17 | 53.5 - 58.4 | 0.0 | In |
Call | 2024-05-17 CALL at $135.0 | 0.9796 | 0.0016 | 0 | 2024-05-17 | 48.5 - 53.4 | 0.0 | In |
Call | 2024-05-17 CALL at $140.0 | 0.9782 | 0.0019 | 0 | 2024-05-17 | 43.5 - 48.4 | 0.0 | In |
Call | 2024-05-17 CALL at $145.0 | 0.9765 | 0.0023 | 0 | 2024-05-17 | 38.5 - 43.4 | 0.0 | In |
Call | 2024-05-17 CALL at $150.0 | 0.9746 | 0.0028 | 0 | 2024-05-17 | 33.5 - 38.4 | 0.0 | In |
Call | 2024-05-17 CALL at $155.0 | 0.9833 | 0.0025 | 0 | 2024-05-17 | 28.5 - 33.2 | 0.0 | In |
Call | 2024-05-17 CALL at $160.0 | 0.9403 | 0.0064 | 0 | 2024-05-17 | 24.0 - 28.5 | 0.0 | In |
Call | 2024-05-17 CALL at $165.0 | 0.9265 | 0.0089 | 0 | 2024-05-17 | 19.1 - 23.5 | 0.0 | In |
Call | 2024-05-17 CALL at $170.0 | 0.8738 | 0.0139 | 0 | 2024-05-17 | 14.6 - 18.9 | 0.0 | In |
Call | 2024-05-17 CALL at $175.0 | 0.759 | 0.0184 | 1 | 2024-05-17 | 11.6 - 15.0 | 8.3 | In |
Call | 2024-05-17 CALL at $180.0 | 0.6935 | 0.0281 | 0 | 2024-05-17 | 8.3 - 11.4 | 8.33 | In |
Call | 2024-05-17 CALL at $185.0 | 0.5374 | 0.026 | 4 | 2024-05-17 | 5.4 - 7.6 | 5.34 | In |
Call | 2024-05-17 CALL at $190.0 | 0.4092 | 0.0254 | 724 | 2024-05-17 | 3.3 - 4.3 | 4.3 | Out |
Call | 2024-05-17 CALL at $195.0 | 0.2844 | 0.0231 | 8 | 2024-05-17 | 1.5 - 2.65 | 2.5 | Out |
Call | 2024-05-17 CALL at $200.0 | 0.1722 | 0.0184 | 35 | 2024-05-17 | 0.2 - 1.75 | 1.24 | Out |
Call | 2024-05-17 CALL at $210.0 | 0.0647 | 0.0087 | 3 | 2024-05-17 | 0.0 - 0.7 | 0.4 | Out |
Call | 2024-05-17 CALL at $230.0 | 0.016 | 0.0022 | 0 | 2024-05-17 | 0.0 - 0.15 | 0.1 | Out |
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Our tools can tell you how much better you can do entering a position in Jones Lang 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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Jones Lang Corporate Directors
Jones Lang corporate directors refer to members of a Jones Lang board of directors. The board of directors generally takes responsibility for the Jones Lang'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 Jones Lang's board members must vote for the resolution. The Jones Lang board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Matthew Carter | Non-Executive Independent Director | Profile | |
| Samuel Piazza | Non-Executive Independent Director | Profile | |
| Deborah McAneny | Non-Executive Independent Director | Profile | |
| Ming Lu | Non-Executive Independent Director | Profile |
Already Invested in Jones Lang LaSalle?
The danger of trading Jones Lang LaSalle 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 Jones Lang 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 Jones Lang. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Jones Lang LaSalle 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 Jones Lang LaSalle is a strong investment it is important to analyze Jones Lang's 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 Jones Lang's future performance. For an informed investment choice regarding Jones Stock, refer to the following important reports: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jones Lang LaSalle. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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When running Jones Lang's price analysis, check to measure Jones Lang'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 Jones Lang is operating at the current time. Most of Jones Lang's value examination focuses on studying past and present price action to predict the probability of Jones Lang's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jones Lang's price. Additionally, you may evaluate how the addition of Jones Lang to your portfolios can decrease your overall portfolio volatility.
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Is Jones Lang'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 Jones Lang. If investors know Jones 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 Jones Lang 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 (0.02) | Earnings Share 4.68 | Revenue Per Share 435.895 | Quarterly Revenue Growth 0.049 | Return On Assets 0.0267 |
The market value of Jones Lang LaSalle is measured differently than its book value, which is the value of Jones that is recorded on the company's balance sheet. Investors also form their own opinion of Jones Lang's value that differs from its market value or its book value, called intrinsic value, which is Jones Lang'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 Jones Lang's market value can be influenced by many factors that don't directly affect Jones Lang'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 Jones Lang's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jones Lang is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jones Lang'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.