BEN Option Call 20-12-2024 22 Option on Franklin Resources

BEN Stock  USD 22.39  0.04  0.18%   
BEN Option Call 20-12-2024 22 is a CALL option contract on Franklin Resources' common stock with a strick price of 22.5 expiring on 2024-12-20. The contract was last traded on 2024-12-11 at 12:14:39 for $0.41 and, as of today, has 9 days remaining before the expiration. The option is currently trading at a bid price of $0.4, and an ask price of $0.45. The implied volatility as of the 11th of December 2024 is 9.0.
  
The strike price represents the predetermined price at which a call buyer can buy Franklin Stock. Call options may be purchased for speculation or sold for income purposes, or simply combined for various spread or combination strategies. If Franklin Resources' price is above the strike price at expiry, the profit is the current Franklin Resources' stock price, minus the strike price and the premium.

Rule 16 of 2024-12-20 Option Contract

The options market is anticipating that Franklin Resources will have an average daily up or down price movement of about 0.0203% per day over the life of the option. With Franklin Resources trading at USD 22.39, that is roughly USD 0.004537. If you think that the market is fully understating Franklin Resources' daily price movement you should consider buying Franklin Resources options at that current volatility level of 0.32%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on Franklin Resources

An 'Out of The Money' option on Franklin has a strike price that Franklin Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for Franklin Resources' 'Out of The Money' options include buying the options if you expect a big move in Franklin Resources' stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Call Contract NameBEN Option Call 20-12-2024 22
Expires On2024-12-20
Days Before Expriration9
Last Traded On2024-12-11 12:14:39
Open Interest8516
Current Trading Volume12.0
Strike Price22.5
Last Traded At0.41
Current Price Spread0.4 | 0.45
Rule 16 Daily Up or DownUSD 0.004537

Franklin long CALL Option Payoff at expiration

Buying Franklin Resources' call option is the simplest of option trades. A call option on Franklin Stock gives investors the right (but not the obligation) to purchase Franklin Resources at the given strike price. Therefore Franklin Resources' call intrinsic value or payoff at expiration depends on where the Franklin Stock price is relative to the call option strike price. The strike price of 22.5 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 Franklin Resources' price. Finally, at the break-even point of 22.5, the line crosses zero, and trading Franklin becomes profitable.
   Profit   
       Franklin Resources Price At Expiration  

Franklin short CALL Option Payoff at expiration

By selling Franklin Resources' call option, the investors signals his or her bearish sentiment. A short position in a call option written on Franklin Resources will generally make money when the underlying price goes down. Therefore Franklin Resources' call intrinsic value or payoff at expiration depends on where the Franklin Stock price is relative to the call option strike price. The strike price of 22.5 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 Franklin Resources' price. Finally, at the break-even point of 22.5, the line crosses zero, and trading Franklin becomes disadvantageous with no downside limits.
   Profit   
       Franklin Resources Price At Expiration  
View All Franklin Resources Options

Franklin Resources Available Call Options

Franklin Resources' option chain is a display of a range of information that helps investors for ways to trade options on Franklin. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Franklin. It also shows strike prices and maturity days for a Franklin Resources 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.
Open IntExpirationCurrent SpreadLast Price
Call
BEN Option Call 20-12-2024 1242024-12-209.8 - 10.610.03In
Call
BEN Option Call 20-12-2024 1512024-12-206.5 - 8.96.61In
Call
BEN Option Call 20-12-2024 17192024-12-204.9 - 5.84.75In
Call
BEN Option Call 20-12-2024 204272024-12-202.4 - 2.62.68In
Call
BEN Option Call 20-12-2024 2285162024-12-200.4 - 0.450.41Out
Call
BEN Option Call 20-12-2024 2577732024-12-200.0 - 0.050.04Out
Call
BEN Option Call 20-12-2024 2712024-12-200.0 - 0.050.05Out
Call
BEN Option Call 20-12-2024 306842024-12-200.0 - 0.20.05Out

Franklin Resources Corporate Directors

Seth WaughIndependent DirectorProfile
Peter BarkerLead Independent DirectorProfile
Charles JohnsonDirectorProfile
Laura SteinIndependent DirectorProfile
When determining whether Franklin Resources offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Franklin Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Franklin Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Franklin Resources Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Franklin Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Franklin Stock, please use our How to Invest in Franklin Resources guide.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is Asset Management & Custody Banks 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 Franklin Resources. If investors know Franklin 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 Franklin Resources 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
(0.27)
Dividend Share
1.24
Earnings Share
0.85
Revenue Per Share
16.64
Quarterly Revenue Growth
0.113
The market value of Franklin Resources is measured differently than its book value, which is the value of Franklin that is recorded on the company's balance sheet. Investors also form their own opinion of Franklin Resources' value that differs from its market value or its book value, called intrinsic value, which is Franklin Resources' 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 Franklin Resources' market value can be influenced by many factors that don't directly affect Franklin Resources' 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 Franklin Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Franklin Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Franklin Resources' 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.