AJG250417P00290000 Option on Arthur J Gallagher

AJG Stock  USD 294.82  0.97  0.33%   
AJG250417P00290000 is a PUT option contract on Arthur J's common stock with a strick price of 290.0 expiring on 2025-04-17. The contract was not traded in recent days and, as of today, has 89 days remaining before the expiration. The option is currently trading at a bid price of $7.0, and an ask price of $10.4. The implied volatility as of the 18th of January 2025 is 89.0.
  
When exercised, put options on Arthur J produce a short position in Arthur Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Arthur J's downside price movement.

Rule 16 of 2025-04-17 Option Contract

The options market is anticipating that Arthur J Gallagher will have an average daily up or down price movement of about 0.0129% per day over the life of the option. With Arthur J trading at USD 294.82, that is roughly USD 0.0381. If you think that the market is fully understating Arthur J's daily price movement you should consider buying Arthur J Gallagher options at that current volatility level of 0.21%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Arthur J

An 'Out of The Money' option on Arthur has a strike price that Arthur 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 Arthur J's 'Out of The Money' options include buying the options if you expect a big move in Arthur J'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 NameAJG250417P00290000
Expires On2025-04-17
Days Before Expriration89
Vega0.556464
Gamma0.012945
Theoretical Value8.7
Open Interest78
Strike Price290.0
Last Traded At14.62
Current Price Spread7.0 | 10.4
Rule 16 Daily Up or DownUSD 0.0381

Arthur short PUT Option Greeks

Arthur J's Option Greeks for the contract ending on 2025-04-17 at a strike price of 290.0 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 Arthur J's option greeks, its implied volatility helps estimate the risk of Arthur J stock implied by the prices of the options on Arthur J's stock.
Delta-0.391181
Gamma0.012945
Theta-0.054695
Vega0.556464
Rho-0.245996

Arthur long PUT Option Payoff at expiration

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

Arthur short PUT Option Payoff at expiration

By selling Arthur J's put option, the investors signal their bearish sentiment. A short position in a put option written on Arthur J will generally make money when the underlying price is above the strike price. Therefore Arthur J's put payoff at expiration depends on where the Arthur Stock price is relative to the put option strike price. The breakeven price of 281.3 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 Arthur J's price. Finally, at the strike price of 290.0, the payoff chart is constant and positive.
   Profit   
       Arthur J Price At Expiration  
View All Arthur J Options

Arthur J Gallagher Available Put Options

Arthur J's option chain is a display of a range of information that helps investors for ways to trade options on Arthur. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Arthur. It also shows strike prices and maturity days for a Arthur J 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
AJG250417P001850001185.00.05 - 0.950.9Out
 Put
AJG250417P002100001210.00.1 - 0.751.7Out
 Put
AJG250417P002200004220.00.2 - 1.051.7Out
 Put
AJG250417P0023000013230.00.35 - 1.050.88Out
 Put
AJG250417P0024000042240.00.6 - 1.21.95Out
 Put
AJG250417P002500007250.01.2 - 2.552.02Out
 Put
AJG250417P0026000078260.02.0 - 2.42.65Out
 Put
AJG250417P0027000075270.03.1 - 4.55.43Out
 Put
AJG250417P00280000112280.04.8 - 7.79.3Out
 Put
AJG250417P0029000078290.07.0 - 10.414.62Out
 Put
AJG250417P0030000058300.012.7 - 13.714.07In
 Put
AJG250417P0031000016310.018.2 - 20.516.32In
 Put
AJG250417P003200002320.025.3 - 27.536.21In
 Put
AJG250417P003300000330.034.2 - 36.834.2In
 Put
AJG250417P003400000340.043.2 - 46.850.5In
 Put
AJG250417P003500000350.053.2 - 56.853.2In
 Put
AJG250417P003600000360.063.1 - 66.869.7In
 Put
AJG250417P003700000370.073.1 - 76.873.1In
 Put
AJG250417P003800000380.082.9 - 86.882.9In
 Put
AJG250417P003900000390.093.2 - 96.893.2In
 Put
AJG250417P004000000400.0103.0 - 106.8112.5In
 Put
AJG250417P004100000410.0113.3 - 116.8113.3In
 Put
AJG250417P004200000420.0123.3 - 126.8123.3In

Arthur J Corporate Directors

William BaxIndependent DirectorProfile
Kay McCurdyIndependent DirectorProfile
Ralph NicolettiIndependent DirectorProfile
Teresa ClarkeIndependent DirectorProfile
When determining whether Arthur J Gallagher is a strong investment it is important to analyze Arthur J's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Arthur J's future performance. For an informed investment choice regarding Arthur Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arthur J Gallagher. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Insurance Brokers 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 Arthur J. If investors know Arthur 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 Arthur J 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
0.086
Dividend Share
2.35
Earnings Share
5.22
Revenue Per Share
48.957
Quarterly Revenue Growth
0.119
The market value of Arthur J Gallagher is measured differently than its book value, which is the value of Arthur that is recorded on the company's balance sheet. Investors also form their own opinion of Arthur J's value that differs from its market value or its book value, called intrinsic value, which is Arthur J'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 Arthur J's market value can be influenced by many factors that don't directly affect Arthur J'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 Arthur J's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arthur J is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arthur J'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.