2024-05-17 PUT at $17.5 Option on Mednax Inc
| MD Stock | USD 9.33 0.21 2.30% |
2024-05-17 PUT at $17.5 is a PUT option contract on Mednax's common stock with a strick price of 17.5 expiring on 2024-05-17. The contract was not traded in recent days and, as of today, has 13 days remaining before the expiration. The option is currently trading at a bid price of $8.4, and an ask price of $8.8. The implied volatility as of the 5th of May is 209.59.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mednax 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 unemployment.
Mednax |
A put option written on Mednax becomes more valuable as the price of Mednax drops. Conversely, Mednax's put option loses its value as Mednax Stock rises. When exercised, put options on Mednax produce a short position in Mednax Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Mednax's downside price movement.
Rule 16 of 2024-05-17 Option Contract
The options market is anticipating that Mednax Inc will have an average daily up or down price movement of about 13.1% per day over the life of the option. With Mednax trading at USD 9.33, that is roughly USD 1.22. If you think that the market is fully understating Mednax's daily price movement you should consider buying Mednax Inc options at that current volatility level of 209.59%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Put Option on Mednax
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 Mednax 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 Mednax Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
| Put Contract Name | 2024-05-17 PUT at $17.5 |
| Expires On | 2024-05-17 |
| Days Before Expriration | 13 |
| Last Traded On | 0000-00-00 00:00:00 |
| Contract Period | MONTHLY |
| Open Interest | 0 |
| Current Trading Volume | 0.0 |
| Strike Price | 17.5 |
| Last Traded At | 0.0 |
| Current Price Spread | 8.4 | 8.8 |
| Rule 16 Daily Up or Down | USD1.22 |
Mednax short PUT Option Greeks
Mednax's Option Greeks for the contract ending on 2024-05-17 at a strike price of 17.5 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 Mednax's option greeks, its implied volatility helps estimate the risk of Mednax stock implied by the prices of the options on Mednax's stock.
| Delta | -0.914 | |
| Gamma | 0.0417 | |
| Theta | -0.0186 | |
| Vega | 0.0029 | |
| Rho | -0.0038 |
Mednax long PUT Option Payoff at expiration
Put options written on Mednax grant holders of the option the right to sell a specified amount of Mednax 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 Mednax Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Mednax is like buying insurance aginst Mednax's downside shift.
Profit |
| Mednax Price At Expiration |
Mednax short PUT Option Payoff at expiration
By selling Mednax's put option, the investors signal their bearish sentiment. A short position in a put option written on Mednax will generally make money when the underlying price is above the strike price. Therefore Mednax's put payoff at expiration depends on where the Mednax Stock price is relative to the put option strike price. The breakeven price of 8.9 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 Mednax's price. Finally, at the strike price of 17.5, the payoff chart is constant and positive.
Profit |
| Mednax Price At Expiration |
Mednax Inc Available Put Options
Mednax's option chain is a display of a range of information that helps investors for ways to trade options on Mednax. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Mednax. It also shows strike prices and maturity days for a Mednax 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 | |||
Put | 2024-05-17 PUT at $10.0 | -0.7202 | 0.2409 | 10 | 2024-05-17 | 0.25 - 2.15 | 1.15 | In |
Put | 2024-05-17 PUT at $12.5 | -0.8772 | 0.1692 | 0 | 2024-05-17 | 3.4 - 3.8 | 0.0 | In |
Put | 2024-05-17 PUT at $15.0 | -0.9015 | 0.0558 | 0 | 2024-05-17 | 5.9 - 6.3 | 0.0 | In |
Put | 2024-05-17 PUT at $17.5 | -0.914 | 0.0417 | 0 | 2024-05-17 | 8.4 - 8.8 | 0.0 | In |
Put | 2024-05-17 PUT at $20.0 | -0.9214 | 0.034 | 0 | 2024-05-17 | 10.9 - 11.3 | 0.0 | In |
Put | 2024-05-17 PUT at $22.5 | -0.8564 | 0.0384 | 0 | 2024-05-17 | 12.2 - 15.4 | 0.0 | In |
Put | 2024-05-17 PUT at $25.0 | -0.983 | 0.0107 | 0 | 2024-05-17 | 15.8 - 16.2 | 0.0 | In |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Mednax 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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Mednax Corporate Directors
Mednax corporate directors refer to members of a Mednax board of directors. The board of directors generally takes responsibility for the Mednax'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 Mednax's board members must vote for the resolution. The Mednax board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Pascal Goldschmidt | Independent Director | Profile | |
| Waldemar Carlo | Independent Director | Profile | |
| Enrique Sosa | Independent Director | Profile | |
| Paul Gabos | Independent Director | Profile |
Already Invested in Mednax Inc?
The danger of trading Mednax 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 Mednax 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 Mednax. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Mednax 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.
When determining whether Mednax Inc is a strong investment it is important to analyze Mednax'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 Mednax's future performance. For an informed investment choice regarding Mednax Stock, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mednax 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 unemployment. Note that the Mednax Inc information on this page should be used as a complementary analysis to other Mednax'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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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When running Mednax's price analysis, check to measure Mednax'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 Mednax is operating at the current time. Most of Mednax's value examination focuses on studying past and present price action to predict the probability of Mednax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mednax's price. Additionally, you may evaluate how the addition of Mednax to your portfolios can decrease your overall portfolio volatility.
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Is Mednax'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 Mednax. If investors know Mednax 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 Mednax 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 (0.31) | Revenue Per Share 24.265 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0432 | Return On Equity (0.07) |
The market value of Mednax Inc is measured differently than its book value, which is the value of Mednax that is recorded on the company's balance sheet. Investors also form their own opinion of Mednax's value that differs from its market value or its book value, called intrinsic value, which is Mednax'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 Mednax's market value can be influenced by many factors that don't directly affect Mednax'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 Mednax's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mednax is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mednax'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.