ADP250221P00230000 Option on Automatic Data Processing

ADP Stock  USD 297.10  1.30  0.44%   
ADP250221P00230000 is a PUT option contract on Automatic Data's common stock with a strick price of 230.0 expiring on 2025-02-21. The contract was not traded in recent days and, as of today, has 26 days remaining before the expiration. The option is currently trading at a bid price of $0.1, and an ask price of $0.75. The implied volatility as of the 26th of January is 26.0.
  
When exercised, put options on Automatic Data produce a short position in Automatic Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Automatic Data's downside price movement.

Rule 16 of 2025-02-21 Option Contract

The options market is anticipating that Automatic Data Processing will have an average daily up or down price movement of about 0.0316% per day over the life of the option. With Automatic Data trading at USD 297.1, that is roughly USD 0.0939. If you think that the market is fully understating Automatic Data's daily price movement you should consider buying Automatic Data Processing options at that current volatility level of 0.51%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Automatic Data

An 'Out of The Money' option on Automatic has a strike price that Automatic 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 Automatic Data's 'Out of The Money' options include buying the options if you expect a big move in Automatic Data'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 NameADP250221P00230000
Expires On2025-02-21
Days Before Expriration26
Vega0.048903
Gamma0.001481
Theoretical Value0.43
Open Interest45
Strike Price230.0
Last Traded At0.45
Current Price Spread0.1 | 0.75
Rule 16 Daily Up or DownUSD 0.0939

Automatic short PUT Option Greeks

Automatic Data's Option Greeks for the contract ending on 2025-02-21 at a strike price of 230.0 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 Automatic Data's option greeks, its implied volatility helps estimate the risk of Automatic Data stock implied by the prices of the options on Automatic Data's stock.
Delta-0.026065
Gamma0.001481
Theta-0.045292
Vega0.048903
Rho-0.005665

Automatic long PUT Option Payoff at expiration

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

Automatic short PUT Option Payoff at expiration

By selling Automatic Data's put option, the investors signal their bearish sentiment. A short position in a put option written on Automatic Data will generally make money when the underlying price is above the strike price. Therefore Automatic Data's put payoff at expiration depends on where the Automatic Stock price is relative to the put option strike price. The breakeven price of 229.57 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 Automatic Data's price. Finally, at the strike price of 230.0, the payoff chart is constant and positive.
   Profit   
       Automatic Data Price At Expiration  
View All Automatic Data Options

Automatic Data Processing Available Put Options

Automatic Data's option chain is a display of a range of information that helps investors for ways to trade options on Automatic. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Automatic. It also shows strike prices and maturity days for a Automatic Data 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
ADP250321P002400001240.00.25 - 1.850.61Out
 Put
ADP250321P0025000010250.00.15 - 2.850.81Out
 Put
ADP250321P002600001260.00.95 - 1.21.01Out
 Put
ADP250321P002700008270.01.6 - 1.91.7Out
 Put
ADP250321P0028000024280.03.0 - 3.43.2Out
 Put
ADP250321P0029000012290.05.6 - 6.06.5Out
 Put
ADP250321P0030000023300.09.4 - 10.310.0In
 Put
ADP250321P003100009310.016.1 - 16.615.75In
 Put
ADP250321P003400000340.041.2 - 44.741.2In
 Put
ADP250321P003500000350.051.1 - 54.651.1In
 Put
ADP250321P003600000360.061.1 - 64.661.1In
 Put
ADP250321P003700000370.071.1 - 74.671.1In
 Put
ADP250321P003800000380.081.1 - 85.081.1In
 Put
ADP250321P003900000390.091.8 - 94.691.8In
 Put
ADP250321P004000000400.0101.7 - 104.8101.7In
 Put
ADP250321P004100000410.0111.1 - 114.6111.1In
 Put
ADP250321P004200000420.0121.1 - 125.0121.1In
 Put
ADP250321P004300000430.0131.7 - 134.6131.7In

Automatic Data Corporate Management

M HeronManaging OperationsProfile
Jonathan LehbergerCorporate OfficerProfile
David KwonChief VPProfile
Joseph DeSilvaExecutive OperationsProfile
Don McGuireChief OfficerProfile
Max LiGlobal OfficerProfile

Additional Tools for Automatic Stock Analysis

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