SYK250117P00220000 Option on Stryker

SYK Stock  USD 361.36  0.16  0.04%   
SYK250117P00220000 is a PUT option contract on Stryker's common stock with a strick price of 220.0 expiring on 2025-01-17. The contract was not traded in recent days and, as of today, has 11 days remaining before the expiration. The option is currently trading at a bid price of $9.9, and an ask price of $10.2. The implied volatility as of the 6th of January is 11.0.
  
When exercised, put options on Stryker produce a short position in Stryker Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Stryker's downside price movement.

Rule 16 of 2025-01-17 Option Contract

The options market is anticipating that Stryker will have an average daily up or down price movement of about 0.0189% per day over the life of the option. With Stryker trading at USD 361.36, that is roughly USD 0.0683. If you think that the market is fully understating Stryker's daily price movement you should consider buying Stryker options at that current volatility level of 0.3%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Stryker

An 'Out of The Money' option on Stryker has a strike price that Stryker 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 Stryker's 'Out of The Money' options include buying the options if you expect a big move in Stryker'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 NameSYK250117P00220000
Expires On2025-01-17
Days Before Expriration11
Vega0.785884
Gamma0.002765
Theoretical Value10.05
Open Interest39
Strike Price220.0
Current Price Spread9.9 | 10.2
Rule 16 Daily Up or DownUSD 0.0683

Stryker short PUT Option Greeks

Stryker's Option Greeks for the contract ending on 2025-01-17 at a strike price of 220.0 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 Stryker's option greeks, its implied volatility helps estimate the risk of Stryker stock implied by the prices of the options on Stryker's stock.
Delta-0.172252
Gamma0.002765
Theta-0.019322
Vega0.785884
Rho-0.606195

Stryker long PUT Option Payoff at expiration

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

Stryker short PUT Option Payoff at expiration

By selling Stryker's put option, the investors signal their bearish sentiment. A short position in a put option written on Stryker will generally make money when the underlying price is above the strike price. Therefore Stryker's put payoff at expiration depends on where the Stryker Stock price is relative to the put option strike price. The breakeven price of 209.95 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 Stryker's price. Finally, at the strike price of 220.0, the payoff chart is constant and positive.
   Profit   
       Stryker Price At Expiration  
View All Stryker Options

Stryker Available Put Options

Stryker's option chain is a display of a range of information that helps investors for ways to trade options on Stryker. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Stryker. It also shows strike prices and maturity days for a Stryker 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 IntStrike PriceCurrent SpreadLast Price
 Put
SYK250117P001050006105.00.05 - 1.00.05Out
 Put
SYK250117P001100001110.00.25 - 2.350.25Out
 Put
SYK250117P001150000115.00.3 - 2.450.3Out
 Put
SYK250117P0012000016120.00.4 - 2.60.4Out
 Put
SYK250117P0012500011125.00.75 - 2.750.75Out
 Put
SYK250117P0013000011130.00.85 - 2.90.85Out
 Put
SYK250117P001350001135.01.0 - 3.11.0Out
 Put
SYK250117P0014000056140.00.1 - 2.50.1Out
 Put
SYK250117P001450009145.00.15 - 3.50.15Out
 Put
SYK250117P001500006150.01.5 - 3.71.5Out
 Put
SYK250117P0015500035155.01.1 - 3.91.1Out
 Put
SYK250117P0016000017160.01.8 - 3.11.8Out
 Put
SYK250117P001650008165.03.2 - 3.53.2Out
 Put
SYK250117P0017500014175.03.6 - 4.23.6Out
 Put
SYK250117P001800007180.04.4 - 4.74.4Out
 Put
SYK250117P001850001185.04.9 - 5.24.9Out
 Put
SYK250117P001900004190.05.3 - 5.75.3Out
 Put
SYK250117P0019500041195.06.0 - 6.36.0Out
 Put
SYK250117P0020000024200.06.6 - 6.96.6Out
 Put
SYK250117P0021000036210.08.1 - 8.48.1Out
 Put
SYK250117P0022000039220.09.9 - 10.29.9Out
 Put
SYK250117P00230000762230.011.9 - 13.212.3Out
 Put
SYK250117P00240000225240.014.2 - 15.114.5Out
 Put
SYK250117P00250000279250.017.1 - 19.317.0Out
 Put
SYK250117P0026000070260.020.4 - 21.320.4Out
 Put
SYK250117P0027000091270.024.2 - 26.124.2Out
 Put
SYK250117P00280000178280.028.3 - 30.228.3Out
 Put
SYK250117P0029000052290.031.1 - 33.931.1Out
 Put
SYK250117P00300000109300.036.1 - 41.036.1Out
 Put
SYK250117P0031000030310.043.9 - 45.543.9Out
 Put
SYK250117P0032000050320.049.4 - 53.749.4Out
 Put
SYK250117P0033000022330.057.2 - 61.557.2Out
 Put
SYK250117P0034000024340.065.8 - 67.765.8Out
 Put
SYK250117P0035000074350.075.3 - 78.275.3Out
 Put
SYK250117P003600004360.083.6 - 88.583.6Out

Stryker Corporate Directors

Andrew SilvernailIndependent DirectorProfile
Sherilyn McCoyIndependent DirectorProfile
Ronda StrykerIndependent DirectorProfile
Allan GolstonLead Independent DirectorProfile
When determining whether Stryker is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Stryker Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Stryker Stock. Highlighted below are key reports to facilitate an investment decision about Stryker Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stryker. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Stryker Stock please use our How to buy in Stryker Stock guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Health Care Equipment & Supplies 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 Stryker. If investors know Stryker 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 Stryker 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
0.2
Dividend Share
3.2
Earnings Share
9.33
Revenue Per Share
57.728
Quarterly Revenue Growth
0.119
The market value of Stryker is measured differently than its book value, which is the value of Stryker that is recorded on the company's balance sheet. Investors also form their own opinion of Stryker's value that differs from its market value or its book value, called intrinsic value, which is Stryker'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 Stryker's market value can be influenced by many factors that don't directly affect Stryker'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 Stryker's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stryker is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stryker'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.