JOAN221021P00007500 Option on Joann

JOAN
 Stock
  

USD 5.03  0.10  2.03%   

Joann's option chain provides insight into all available option contracts written on Joann's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Joann's stock options below provides a detailed picture of the payoff. Comparing vital and dynamic information of various option contracts across diverse expiration periods will help you make an educated decision on your market timing strategies around investing in a given Joann option contract. View S&P 500 options
  
Purchasing Joann options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Joann calls. Remember, the seller must deliver Joann Inc stock to the call owner when a call is exercised.

In The Money vs. Out of Money Option Contracts on Joann

Analyzing Joann's in-the-money options over time can help investors to take a profitable long position in Joann regardless of its overall volatility. This is especially true when Joann's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Joann's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Joann's stock while costing only a fraction of its price.
Joann's latest option contracts expiring on 2022-12-16 are carrying combined implied volatility of 310.64 with a put-to-call open interest ratio of 1.0 over 20 outstanding agreements suggesting . The current put volume is at 586, with calls trading at the volume of 153. This yields a 3.83 put-to-call volume ratio. The Joann option chain provides detailed quote and price information for the current Joann Inc option contracts. It shows all of Joann's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2022-12-16 Option Contracts

Joann option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Joann's lending market. For example, when Joann's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Joann, he or she must hedge the risk by shorting Joann stock over its option's life.
The chart above shows Joann's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Joann's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Joann's option, there is no secondary market available for investors to trade.
Joann's stock options are financial instruments that give investors the right to buy or sell shares of Joann Inc common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Joann stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Joann's stock price goes up or down, the stock options follow.
Please see Risk vs Return Analysis.
Please note that buying 'in-the-money' options on Joann lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Joann's value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money Joann contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if Joann Stock moves the wrong way.

Joann Inc In The Money Call Balance

When Joann's strike price is surpassing the current stock price, the option contract against Joann Inc stock is said to be in the money. When it comes to buying Joann's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Joann Inc are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Joann Current Options Market Mood

Joann's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Joann Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Most options investors, including buyers and sellers of Joann's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Joann's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction. Using current Joann's option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.

Rule 16 of the current Joann contract

Base on the Rule 16, the options market is currently suggesting that Joann Inc will have an average daily up or down price movement of about 19.42% per day over the life of the 2022-12-16 option contract. With Joann trading at USD5.03, that is roughly USD0.98. If you think that the market is fully incorporating Joann's daily price movement you should consider buying Joann Inc options at the current volatility level of 310.64%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Joann Option Chain

When Joann's strike price is surpassing the current stock price, the option contract against Joann Inc stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
2022-12-162023-01-202023-02-172023-05-192024-01-192025-01-17
Joann's option chain is a display of a range of information that helps investors for ways to trade options on Joann. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Joann. It also shows strike prices and maturity days for a Joann 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
Call
2022-12-16 CALL at $2.50.92360.0484472022-12-162.25 - 2.553.3In
Call
2022-12-16 CALL at $5.00.50650.4122682022-12-160.35 - 0.50.35Out
 Put
2022-12-16 PUT at $2.5-0.03220.03541002022-12-160.0 - 0.050.03Out
 Put
2022-12-16 PUT at $5.0-0.45710.25896192022-12-160.5 - 0.70.65In
 Put
2022-12-16 PUT at $7.5-0.83920.1379422022-12-162.6 - 3.12.7In
 Put
2022-12-16 PUT at $10.0-0.78960.09244332022-12-165.1 - 5.65.3In
 Put
2022-12-16 PUT at $12.5-0.83190.07175682022-12-167.5 - 8.17.05In
 Put
2022-12-16 PUT at $15.0-0.86650.058192022-12-1610.0 - 10.50.0In
 Put
2022-12-16 PUT at $17.5-0.82760.05693022022-12-1612.6 - 13.10.0In
 Put
2022-12-16 PUT at $20.0-0.8770.04697512022-12-1615.0 - 15.50.0In
 Put
2022-12-16 PUT at $22.5-0.88010.04369912022-12-1617.5 - 18.00.0In
 Put
2022-12-16 PUT at $25.0-0.88280.0416302022-12-1620.0 - 20.519.9In

Be your own money manager

Our tools can tell you how much better you can do entering a position in Joann 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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Please see Risk vs Return Analysis. Note that the Joann Inc information on this page should be used as a complementary analysis to other Joann's 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 Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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When running Joann Inc price analysis, check to measure Joann'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 Joann is operating at the current time. Most of Joann's value examination focuses on studying past and present price action to predict the probability of Joann's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Joann's price. Additionally, you may evaluate how the addition of Joann to your portfolios can decrease your overall portfolio volatility.
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Is Joann'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 Joann. If investors know Joann 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 Joann 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 YOY
(0.69) 
Market Capitalization
201.1 M
Quarterly Revenue Growth YOY
(0.07) 
Return On Assets
(0.0086) 
Return On Equity
(0.59) 
The market value of Joann Inc is measured differently than its book value, which is the value of Joann that is recorded on the company's balance sheet. Investors also form their own opinion of Joann's value that differs from its market value or its book value, called intrinsic value, which is Joann'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 Joann's market value can be influenced by many factors that don't directly affect Joann'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 Joann's value and its price as these two are different measures arrived at by different means. Investors typically determine Joann value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Joann'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.