2024-09-20 PUT at $165.0 Option on Jazz Pharmaceuticals PLC

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 Jazz Pharmaceuticals 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 Jazz Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.

Jazz Pharmaceuticals' Option Greeks for the contract ending on 2024-09-20 at a strike price of 165.0 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 Jazz Pharmaceuticals' option greeks, its implied volatility helps estimate the risk of Jazz Pharmaceuticals stock implied by the prices of the options on Jazz Pharmaceuticals' stock.

Put options written on Jazz Pharmaceuticals grant holders of the option the right to sell a specified amount of Jazz Pharmaceuticals 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 Jazz Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Jazz Pharmaceuticals is like buying insurance aginst Jazz Pharmaceuticals' downside shift.

By selling Jazz Pharmaceuticals' put option, the investors signal their bearish sentiment. A short position in a put option written on Jazz Pharmaceuticals will generally make money when the underlying price is above the strike price. Therefore Jazz Pharmaceuticals' put payoff at expiration depends on where the Jazz Stock price is relative to the put option strike price. The breakeven price of 108.5 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 Jazz Pharmaceuticals' price. Finally, at the strike price of 165.0, the payoff chart is constant and positive.

Jazz Pharmaceuticals' option chain is a display of a range of information that helps investors for ways to trade options on Jazz. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Jazz. It also shows strike prices and maturity days for a Jazz Pharmaceuticals 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.

When running Jazz Pharmaceuticals' price analysis, check to measure Jazz Pharmaceuticals' 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 Jazz Pharmaceuticals is operating at the current time. Most of Jazz Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Jazz Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jazz Pharmaceuticals' price. Additionally, you may evaluate how the addition of Jazz Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.