2024-05-17 PUT at $270.0 Option on Nice Ltd ADR
| NICE Stock | USD 221.48 1.96 0.89% |
2024-05-17 PUT at $270.0 is a PUT option contract on Nice's common stock with a strick price of 270.0 expiring on 2024-05-17. The contract was last traded on 2024-04-17 at 14:19:56 for $39.48 and, as of today, has 12 days remaining before the expiration. The option is currently trading at a bid price of $46.4, and an ask price of $50.6. The implied volatility as of the 5th of May is 88.98.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nice Ltd ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Nice |
A put option written on Nice becomes more valuable as the price of Nice drops. Conversely, Nice's put option loses its value as Nice Stock rises. When exercised, put options on Nice produce a short position in Nice Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Nice's downside price movement.
Rule 16 of 2024-05-17 Option Contract
The options market is anticipating that Nice Ltd ADR will have an average daily up or down price movement of about 5.56% per day over the life of the option. With Nice trading at USD 221.48, that is roughly USD 12.32. If you think that the market is fully understating Nice's daily price movement you should consider buying Nice Ltd ADR options at that current volatility level of 88.98%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Put Option on Nice
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 Nice 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 Nice 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 $270.0 |
| Expires On | 2024-05-17 |
| Days Before Expriration | 12 |
| Last Traded On | 2024-04-17 14:19:56 |
| Contract Period | MONTHLY |
| Open Interest | 26 |
| Current Trading Volume | 0.0 |
| Strike Price | 270.0 |
| Last Traded At | 39.48 |
| Current Price Spread | 46.4 | 50.6 |
| Rule 16 Daily Up or Down | USD12.32 |
Nice short PUT Option Greeks
Nice's Option Greeks for the contract ending on 2024-05-17 at a strike price of 270.0 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 Nice's option greeks, its implied volatility helps estimate the risk of Nice stock implied by the prices of the options on Nice's stock.
| Delta | -0.8645 | |
| Gamma | 0.0078 | |
| Theta | -0.2879 | |
| Vega | 0.0907 | |
| Rho | -0.0564 |
Nice long PUT Option Payoff at expiration
Put options written on Nice grant holders of the option the right to sell a specified amount of Nice 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 Nice Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Nice is like buying insurance aginst Nice's downside shift.
Profit |
| Nice Price At Expiration |
Nice short PUT Option Payoff at expiration
By selling Nice's put option, the investors signal their bearish sentiment. A short position in a put option written on Nice will generally make money when the underlying price is above the strike price. Therefore Nice's put payoff at expiration depends on where the Nice Stock price is relative to the put option strike price. The breakeven price of 219.4 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 Nice's price. Finally, at the strike price of 270.0, the payoff chart is constant and positive.
Profit |
| Nice Price At Expiration |
Nice Ltd ADR Available Put Options
Nice's option chain is a display of a range of information that helps investors for ways to trade options on Nice. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Nice. It also shows strike prices and maturity days for a Nice 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 $155.0 | -0.0461 | 0.0019 | 28 | 2024-05-17 | 0.05 - 2.05 | 0.88 | Out |
Put | 2024-05-17 PUT at $160.0 | -0.0377 | 0.0019 | 22 | 2024-05-17 | 0.05 - 1.35 | 0.95 | Out |
Put | 2024-05-17 PUT at $175.0 | -0.0515 | 0.0031 | 32 | 2024-05-17 | 0.05 - 1.5 | 0.43 | Out |
Put | 2024-05-17 PUT at $180.0 | -0.0295 | 0.0027 | 65 | 2024-05-17 | 0.1 - 0.4 | 0.3 | Out |
Put | 2024-05-17 PUT at $185.0 | -0.0451 | 0.0039 | 173 | 2024-05-17 | 0.15 - 0.8 | 0.65 | Out |
Put | 2024-05-17 PUT at $190.0 | -0.0682 | 0.0055 | 66 | 2024-05-17 | 0.35 - 0.95 | 0.75 | Out |
Put | 2024-05-17 PUT at $195.0 | -0.1 | 0.0076 | 168 | 2024-05-17 | 0.7 - 1.4 | 1.15 | Out |
Put | 2024-05-17 PUT at $200.0 | -0.1698 | 0.0099 | 618 | 2024-05-17 | 1.3 - 3.6 | 1.45 | Out |
Put | 2024-05-17 PUT at $210.0 | -0.2815 | 0.0147 | 298 | 2024-05-17 | 3.5 - 5.2 | 4.25 | Out |
Put | 2024-05-17 PUT at $220.0 | -0.4474 | 0.0184 | 130 | 2024-05-17 | 7.3 - 9.0 | 7.7 | Out |
Put | 2024-05-17 PUT at $230.0 | -0.6301 | 0.0178 | 162 | 2024-05-17 | 12.9 - 13.8 | 14.1 | In |
Put | 2024-05-17 PUT at $240.0 | -0.7601 | 0.0135 | 201 | 2024-05-17 | 18.9 - 22.4 | 21.34 | In |
Put | 2024-05-17 PUT at $250.0 | -0.8329 | 0.0097 | 126 | 2024-05-17 | 27.3 - 30.9 | 30.45 | In |
Put | 2024-05-17 PUT at $260.0 | -0.9491 | 0.005 | 65 | 2024-05-17 | 36.6 - 41.0 | 42.0 | In |
Put | 2024-05-17 PUT at $270.0 | -0.8645 | 0.0078 | 26 | 2024-05-17 | 46.4 - 50.6 | 39.48 | In |
Put | 2024-05-17 PUT at $280.0 | -0.8757 | 0.005 | 0 | 2024-05-17 | 56.3 - 60.6 | 21.3 | In |
Put | 2024-05-17 PUT at $290.0 | -0.8844 | 0.0043 | 0 | 2024-05-17 | 66.3 - 70.6 | 26.6 | In |
Put | 2024-05-17 PUT at $300.0 | -0.8944 | 0.0037 | 0 | 2024-05-17 | 76.3 - 80.5 | 0.0 | In |
Put | 2024-05-17 PUT at $310.0 | -0.8943 | 0.0034 | 0 | 2024-05-17 | 86.3 - 90.7 | 0.0 | In |
Put | 2024-05-17 PUT at $320.0 | -0.9897 | 8.0E-4 | 0 | 2024-05-17 | 96.3 - 100.8 | 0.0 | In |
Put | 2024-05-17 PUT at $330.0 | -0.9058 | 0.0028 | 0 | 2024-05-17 | 106.3 - 110.6 | 0.0 | In |
Put | 2024-05-17 PUT at $340.0 | -0.912 | 0.0025 | 0 | 2024-05-17 | 116.3 - 120.5 | 0.0 | In |
Put | 2024-05-17 PUT at $350.0 | -0.9935 | 0.0091 | 0 | 2024-05-17 | 126.3 - 130.8 | 0.0 | In |
Put | 2024-05-17 PUT at $360.0 | -0.9938 | 4.0E-4 | 0 | 2024-05-17 | 136.3 - 140.8 | 0.0 | In |
Put | 2024-05-17 PUT at $370.0 | -0.9204 | 0.0021 | 0 | 2024-05-17 | 146.3 - 150.5 | 0.0 | In |
Put | 2024-05-17 PUT at $380.0 | -0.9941 | 3.0E-4 | 0 | 2024-05-17 | 156.3 - 160.8 | 0.0 | In |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Nice 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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Nice Corporate Management
Elected by the shareholders, the Nice's board of directors comprises two types of representatives: Nice inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nice. The board's role is to monitor Nice's management team and ensure that shareholders' interests are well served. Nice'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, Nice's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Gil Vassoly | Vice Finance | Profile | |
| Beth Gaspich | Chief Officer | Profile | |
| Liran Frenkel | Senior Management | Profile | |
| Craig Costigan | Chief Actimize | Profile |
Already Invested in Nice Ltd ADR?
The danger of trading Nice Ltd ADR 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 Nice 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 Nice. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nice Ltd ADR 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 Nice Ltd ADR is a strong investment it is important to analyze Nice'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 Nice's future performance. For an informed investment choice regarding Nice Stock, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nice Ltd ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Nice Ltd ADR information on this page should be used as a complementary analysis to other Nice'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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Nice Stock analysis
When running Nice's price analysis, check to measure Nice'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 Nice is operating at the current time. Most of Nice's value examination focuses on studying past and present price action to predict the probability of Nice's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nice's price. Additionally, you may evaluate how the addition of Nice to your portfolios can decrease your overall portfolio volatility.
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Is Nice'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 Nice. If investors know Nice 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 Nice 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 0.168 | Earnings Share 5.12 | Revenue Per Share 1.4955 | Quarterly Revenue Growth 0.096 | Return On Assets 0.054 |
The market value of Nice Ltd ADR is measured differently than its book value, which is the value of Nice that is recorded on the company's balance sheet. Investors also form their own opinion of Nice's value that differs from its market value or its book value, called intrinsic value, which is Nice'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 Nice's market value can be influenced by many factors that don't directly affect Nice'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 Nice's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nice is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nice'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.