2024-06-21 CALL at $145.0 Option on Nice Ltd ADR
NICE Stock | USD 168.75 0.07 0.04% |
2024-06-21 CALL at $145.0 is a CALL option contract on Nice's common stock with a strick price of 145.0 expiring on 2024-06-21. The contract was not traded in recent days and, as of today, has 12 days remaining before the expiration. The option is currently trading at a bid price of $22.5, and an ask price of $25.7. The implied volatility as of the 9th of June is 40.13.
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 closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
Nice |
Call options on Nice give the investor right to buy Nice Stock at a specified price within a specific period. The strike price represents the predetermined price at which a call buyer can buy Nice Stock. Call options may be purchased for speculation or sold for income purposes, or simply combined for various spread or combination strategies. If Nice's price is above the strike price at expiry, the profit is the current Nice's stock price, minus the strike price and the premium.
Rule 16 of 2024-06-21 Option Contract
The options market is anticipating that Nice Ltd ADR will have an average daily up or down price movement of about 2.51% per day over the life of the option. With Nice trading at USD 168.75, that is roughly USD 4.23. 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 40.13%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Call 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.
Call Contract Name | 2024-06-21 CALL at $145.0 |
Expires On | 2024-06-21 |
Days Before Expriration | 12 |
Last Traded On | 0000-00-00 00:00:00 |
Contract Period | MONTHLY |
Open Interest | 0 |
Current Trading Volume | 0.0 |
Strike Price | 145.0 |
Last Traded At | 0.0 |
Current Price Spread | 22.5 | 25.7 |
Rule 16 Daily Up or Down | USD4.23 |
Nice short CALL Option Greeks
Nice's Option Greeks for the contract ending on 2024-06-21 at a strike price of 145.0 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 | 0.9804 | |
Gamma | 0.0037 | |
Theta | -0.0425 | |
Vega | 0.0151 | |
Rho | 0.0503 |
Nice long CALL Option Payoff at expiration
Buying Nice's call option is the simplest of option trades. A call option on Nice Stock gives investors the right (but not the obligation) to purchase Nice at the given strike price. Therefore Nice's call intrinsic value or payoff at expiration depends on where the Nice Stock price is relative to the call option strike price. The strike price of 145.0 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 Nice's price. Finally, at the break-even point of 169.1, the line crosses zero, and trading Nice becomes profitable.
Profit |
Nice Price At Expiration |
Nice short CALL Option Payoff at expiration
By selling Nice's call option, the investors signals his or her bearish sentiment. A short position in a call option written on Nice will generally make money when the underlying price goes down. Therefore Nice's call intrinsic value or payoff at expiration depends on where the Nice Stock price is relative to the call option strike price. The strike price of 145.0 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 Nice's price. Finally, at the break-even point of 169.1, the line crosses zero, and trading Nice becomes disadvantageous with no downside limits.
Profit |
Nice Price At Expiration |
Nice Ltd ADR Available Call 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 | |||
Call | 2024-06-21 CALL at $115.0 | 0.9337 | 0.0027 | 0 | 2024-06-21 | 52.0 - 55.5 | 0.0 | In |
Call | 2024-06-21 CALL at $120.0 | 0.9253 | 0.0032 | 0 | 2024-06-21 | 47.0 - 50.6 | 0.0 | In |
Call | 2024-06-21 CALL at $125.0 | 0.9245 | 0.0037 | 0 | 2024-06-21 | 41.7 - 45.4 | 0.0 | In |
Call | 2024-06-21 CALL at $130.0 | 0.9719 | 0.0027 | 0 | 2024-06-21 | 37.2 - 41.3 | 0.0 | In |
Call | 2024-06-21 CALL at $135.0 | 0.9009 | 0.0055 | 0 | 2024-06-21 | 32.0 - 35.6 | 0.0 | In |
Call | 2024-06-21 CALL at $140.0 | 0.8893 | 0.0068 | 3 | 2024-06-21 | 27.2 - 30.6 | 28.22 | In |
Call | 2024-06-21 CALL at $145.0 | 0.9804 | 0.0037 | 0 | 2024-06-21 | 22.5 - 25.7 | 0.0 | In |
Call | 2024-06-21 CALL at $150.0 | 0.86 | 0.0113 | 26 | 2024-06-21 | 17.5 - 20.5 | 12.3 | In |
Call | 2024-06-21 CALL at $155.0 | 0.9294 | 0.0133 | 10 | 2024-06-21 | 12.8 - 16.3 | 14.35 | In |
Call | 2024-06-21 CALL at $160.0 | 0.7941 | 0.0241 | 1053 | 2024-06-21 | 9.9 - 11.0 | 12.0 | In |
Call | 2024-06-21 CALL at $165.0 | 0.6588 | 0.0338 | 86 | 2024-06-21 | 6.6 - 7.1 | 6.6 | In |
Call | 2024-06-21 CALL at $170.0 | 0.4783 | 0.0366 | 232 | 2024-06-21 | 3.9 - 4.3 | 3.9 | Out |
Call | 2024-06-21 CALL at $175.0 | 0.3162 | 0.0312 | 120 | 2024-06-21 | 2.05 - 2.4 | 2.25 | Out |
Call | 2024-06-21 CALL at $180.0 | 0.1919 | 0.0233 | 79 | 2024-06-21 | 1.05 - 1.3 | 1.2 | Out |
Call | 2024-06-21 CALL at $185.0 | 0.113 | 0.0157 | 48 | 2024-06-21 | 0.55 - 0.75 | 0.72 | Out |
Call | 2024-06-21 CALL at $190.0 | 0.0768 | 0.0107 | 621 | 2024-06-21 | 0.35 - 0.5 | 0.45 | Out |
Call | 2024-06-21 CALL at $195.0 | 0.0513 | 0.0073 | 172 | 2024-06-21 | 0.25 - 0.55 | 0.3 | Out |
Call | 2024-06-21 CALL at $200.0 | 0.0344 | 0.005 | 475 | 2024-06-21 | 0.2 - 0.45 | 0.2 | Out |
Call | 2024-06-21 CALL at $210.0 | 0.0288 | 0.0035 | 1412 | 2024-06-21 | 0.05 - 0.2 | 0.2 | Out |
Call | 2024-06-21 CALL at $220.0 | 0.0085 | 0.0013 | 510 | 2024-06-21 | 0.05 - 0.1 | 0.05 | Out |
Call | 2024-06-21 CALL at $230.0 | 0.0063 | 9.0E-4 | 433 | 2024-06-21 | 0.0 - 0.05 | 0.04 | Out |
Nice Corporate Management
Gil Vassoly | Vice Finance | Profile | |
Beth Gaspich | Chief Officer | Profile | |
Liran Frenkel | Senior Management | Profile | |
Craig Costigan | Chief Actimize | Profile |
Additional Information and Resources on Investing in Nice Stock
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 closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Application Software space 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 0.391 | Earnings Share 5.55 | Revenue Per Share 1.5546 | Quarterly Revenue Growth 0.153 | Return On Assets 0.0571 |
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.