2024-06-21 PUT at $145.0 Option on Raymond James Financial
| RJF Stock | USD 122.75 0.86 0.71% |
2024-06-21 PUT at $145.0 is a PUT option contract on Raymond James' 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 19 days remaining before the expiration. The option is currently trading at a bid price of $20.8, and an ask price of $24.8. The implied volatility as of the 2nd of June is 54.1.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Raymond James Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation.
Raymond |
A put option written on Raymond James becomes more valuable as the price of Raymond James drops. Conversely, Raymond James' put option loses its value as Raymond Stock rises. When exercised, put options on Raymond James produce a short position in Raymond Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Raymond James' downside price movement.
Rule 16 of 2024-06-21 Option Contract
The options market is anticipating that Raymond James Financial will have an average daily up or down price movement of about 3.38% per day over the life of the option. With Raymond James trading at USD 122.75, that is roughly USD 4.15. If you think that the market is fully understating Raymond James' daily price movement you should consider buying Raymond James Financial options at that current volatility level of 54.1%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Put Option on Raymond James
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 Raymond James 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 Raymond 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 | 2024-06-21 PUT at $145.0 |
| Expires On | 2024-06-21 |
| Days Before Expriration | 19 |
| 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 | 20.8 | 24.8 |
| Rule 16 Daily Up or Down | USD4.15 |
Raymond short PUT Option Greeks
Raymond James' 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 Raymond James' option greeks, its implied volatility helps estimate the risk of Raymond James stock implied by the prices of the options on Raymond James' stock.
| Delta | -0.8975 | |
| Gamma | 0.0118 | |
| Theta | -0.0601 | |
| Vega | 0.0508 | |
| Rho | -0.0425 |
Raymond long PUT Option Payoff at expiration
Put options written on Raymond James grant holders of the option the right to sell a specified amount of Raymond James 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 Raymond Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Raymond James is like buying insurance aginst Raymond James' downside shift.
Profit |
| Raymond James Price At Expiration |
Raymond short PUT Option Payoff at expiration
By selling Raymond James' put option, the investors signal their bearish sentiment. A short position in a put option written on Raymond James will generally make money when the underlying price is above the strike price. Therefore Raymond James' put payoff at expiration depends on where the Raymond Stock price is relative to the put option strike price. The breakeven price of 122.2 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 Raymond James' price. Finally, at the strike price of 145.0, the payoff chart is constant and positive.
Profit |
| Raymond James Price At Expiration |
Raymond James Financial Available Put Options
Raymond James' option chain is a display of a range of information that helps investors for ways to trade options on Raymond. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Raymond. It also shows strike prices and maturity days for a Raymond James 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 | 2024-06-21 PUT at $115.0 | -0.1222 | 0.0279 | 64 | 2024-06-21 | 0.2 - 1.05 | 0.45 | Out |
Put | 2024-06-21 PUT at $120.0 | -0.2852 | 0.0619 | 217 | 2024-06-21 | 0.9 - 1.1 | 1.25 | Out |
Put | 2024-06-21 PUT at $125.0 | -0.6139 | 0.0591 | 135 | 2024-06-21 | 2.65 - 4.9 | 3.3 | In |
Put | 2024-06-21 PUT at $130.0 | -0.901 | 0.0323 | 3 | 2024-06-21 | 5.3 - 9.5 | 8.45 | In |
Put | 2024-06-21 PUT at $135.0 | -0.8669 | 0.0216 | 0 | 2024-06-21 | 10.6 - 14.9 | 0.0 | In |
Put | 2024-06-21 PUT at $140.0 | -0.9678 | 0.0079 | 0 | 2024-06-21 | 15.1 - 19.5 | 0.0 | In |
Put | 2024-06-21 PUT at $145.0 | -0.8975 | 0.0118 | 0 | 2024-06-21 | 20.8 - 24.8 | 0.0 | In |
Put | 2024-06-21 PUT at $165.0 | -0.8376 | 0.0076 | 0 | 2024-06-21 | 39.7 - 44.5 | 0.0 | In |
Put | 2024-06-21 PUT at $170.0 | -0.9817 | 0.0023 | 0 | 2024-06-21 | 45.1 - 49.5 | 0.0 | In |
Put | 2024-06-21 PUT at $175.0 | -0.9826 | 0.0021 | 0 | 2024-06-21 | 50.1 - 54.5 | 0.0 | In |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Raymond James 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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Raymond James Corporate Directors
Raymond James corporate directors refer to members of a Raymond James board of directors. The board of directors generally takes responsibility for the Raymond James' 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 Raymond James' board members must vote for the resolution. The Raymond James board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Susan Story | Non-Executive Lead Independent Director | Profile | |
| Jeffrey Edwards | Non-Executive Independent Director | Profile | |
| Gordon Johnson | Non-Executive Independent Director | Profile | |
| Roderick McGeary | Non-Executive Independent Director | Profile |
Already Invested in Raymond James Financial?
The danger of trading Raymond James Financial 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 Raymond James 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 Raymond James. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Raymond James Financial 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 Raymond James Financial is a strong investment it is important to analyze Raymond James' 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 Raymond James' future performance. For an informed investment choice regarding Raymond Stock, refer to the following important reports: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Raymond James Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in inflation. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Raymond Stock analysis
When running Raymond James' price analysis, check to measure Raymond James' 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 Raymond James is operating at the current time. Most of Raymond James' value examination focuses on studying past and present price action to predict the probability of Raymond James' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Raymond James' price. Additionally, you may evaluate how the addition of Raymond James to your portfolios can decrease your overall portfolio volatility.
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Is Raymond James' 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 Raymond James. If investors know Raymond 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 Raymond James 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 0.15 | Dividend Share 1.74 | Earnings Share 8.29 | Revenue Per Share 57.308 | Quarterly Revenue Growth 0.078 |
The market value of Raymond James Financial is measured differently than its book value, which is the value of Raymond that is recorded on the company's balance sheet. Investors also form their own opinion of Raymond James' value that differs from its market value or its book value, called intrinsic value, which is Raymond James' 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 Raymond James' market value can be influenced by many factors that don't directly affect Raymond James' 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 Raymond James' value and its price as these two are different measures arrived at by different means. Investors typically determine if Raymond James is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Raymond James' 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.