NICE250117P00190000 Option on Nice Ltd ADR
NICE Stock | USD 170.13 0.33 0.19% |
NICE250117P00190000 is a PUT option contract on Nice's common stock with a strick price of 190.0 expiring on 2025-01-17. The contract was not traded in recent days and, as of today, has 10 days remaining before the expiration. The option is currently trading at a bid price of $28.8, and an ask price of $31.2. The implied volatility as of the 7th of January is 10.0.
Nice |
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 2025-01-17 Option Contract
The options market is anticipating that Nice Ltd ADR will have an average daily up or down price movement of about 0.0201% per day over the life of the option. With Nice trading at USD 170.13, that is roughly USD 0.0342. 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 0.32%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on Nice
An 'Out of The Money' option on Nice has a strike price that Nice 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 Nice's 'Out of The Money' options include buying the options if you expect a big move in Nice's 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.
Put Contract Name | NICE250117P00190000 |
Expires On | 2025-01-17 |
Days Before Expriration | 10 |
Vega | 0.752836 |
Gamma | 0.006703 |
Theoretical Value | 30.0 |
Open Interest | 50 |
Strike Price | 190.0 |
Current Price Spread | 28.8 | 31.2 |
Rule 16 Daily Up or Down | USD 0.0342 |
Nice short PUT Option Greeks
Nice's Option Greeks for the contract ending on 2025-01-17 at a strike price of 190.0 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 | -0.508444 | |
Gamma | 0.006703 | |
Theta | -0.015525 | |
Vega | 0.752836 | |
Rho | -0.912911 |
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 160.0 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 190.0, 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.
Open Int | Strike Price | Current Spread | Last Price | |||
Put | NICE250117P00085000 | 0 | 85.0 | 0.65 - 5.0 | 0.65 | |
Put | NICE250117P00090000 | 0 | 90.0 | 1.15 - 2.9 | 1.15 | |
Put | NICE250117P00095000 | 0 | 95.0 | 3.0 - 3.4 | 3.0 | |
Put | NICE250117P00100000 | 2 | 100.0 | 3.5 - 5.3 | 3.5 | Out |
Put | NICE250117P00105000 | 0 | 105.0 | 4.1 - 5.9 | 4.1 | |
Put | NICE250117P00110000 | 0 | 110.0 | 4.8 - 6.2 | 4.8 | |
Put | NICE250117P00115000 | 0 | 115.0 | 5.6 - 7.5 | 5.6 | |
Put | NICE250117P00120000 | 0 | 120.0 | 6.3 - 7.1 | 6.3 | |
Put | NICE250117P00125000 | 0 | 125.0 | 7.3 - 8.0 | 7.3 | |
Put | NICE250117P00130000 | 0 | 130.0 | 8.4 - 9.0 | 8.4 | |
Put | NICE250117P00175000 | 13 | 175.0 | 21.3 - 23.5 | 21.3 | Out |
Put | NICE250117P00180000 | 5 | 180.0 | 23.8 - 25.9 | 23.8 | Out |
Put | NICE250117P00185000 | 1 | 185.0 | 25.5 - 28.4 | 25.5 | Out |
Put | NICE250117P00190000 | 50 | 190.0 | 28.8 - 31.2 | 28.8 | Out |
Nice Corporate Management
Awan Roy | VP GTC | Profile | |
Gil Vassoly | Vice Finance | Profile | |
Beth Gaspich | Chief Officer | Profile | |
Liran Frenkel | Senior Management | Profile | |
Craig Costigan | Chief Actimize | Profile |
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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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 0.344 | Earnings Share 6.46 | Revenue Per Share | Quarterly Revenue Growth 0.143 | Return On Assets |
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.