JOAN230217P00010000 Option on Joann Inc
| JOAN Stock | USD 0.08 0.01 8.78% |
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.
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 2024-04-19 are carrying combined implied volatility of 757.3 with a put-to-call open interest ratio of 0.01 over 6 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2024-04-19. The current put volume is at 12, with calls trading at the volume of 3. This yields a 4.0 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 2024-04-19 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.
2024-04-19
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.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Joann Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. 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.
At this time, Joann's Stock Based Compensation is very stable compared to the past year. As of the 16th of April 2024, Stock Based Compensation To Revenue is likely to grow to 0.0008, while Common Stock Shares Outstanding is likely to drop about 37.2 M. 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 47.33% per day over the life of the 2024-04-19 option contract. With Joann trading at USD 0.08, that is roughly USD 0.0379. 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 757.3%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Joann |
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.
Joann Common Stock Shares Outstanding Over Time
The total number of shares of a company's common stock that are currently owned by all its shareholders. Common Stock Shares Outstanding |
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Joann Total Stockholder Equity Over Time
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders. Total Stockholder Equity |
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Joann Total Stockholder Equity
Total Stockholder Equity |
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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.Did you try this?
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Joann Corporate Management
Elected by the shareholders, the Joann's board of directors comprises two types of representatives: Joann inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Joann. The board's role is to monitor Joann's management team and ensure that shareholders' interests are well served. Joann's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Joann's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ajay Jain | Investor Director | Profile | |
| Mario Sampson | Senior Chain | Profile | |
| Wade Miquelon | Pres Chairman | Profile | |
| Janet Duliga | Executive Officer | Profile | |
| Christopher DiTullio | Executive Officer | Profile | |
| Robert Will | Executive Officer | Profile |
Already Invested in Joann Inc?
The danger of trading Joann Inc 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 Joann 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 Joann. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Joann Inc 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 Joann Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. 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 the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for Joann Stock analysis
When running Joann's 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 the 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 (0.69) | Earnings Share (5.81) | Revenue Per Share 52.125 | Quarterly Revenue Growth (0.04) | Return On Assets (0.03) |
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 if Joann is a good investment 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.