BEN250117P00030000 Option on Franklin Resources
| BEN Stock | USD 22.76 0.08 0.35% |
Franklin Resources' latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 0.89 with a put-to-call open interest ratio of 0.29 over 13 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2024-12-20. The total put volume is at 77.0, with calls trading at the volume of 77.0. This yields a 0.32 put-to-call volume ratio.
Open Interest Against 2024-12-20 Option Contracts
2024-12-20
The chart above shows Franklin Resources' distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Franklin Resources' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Franklin Resources' option, there is no secondary market available for investors to trade.
Franklin Resources Maximum Pain Price across 2024-12-20 Option Contracts
Max pain occurs when Franklin Resources' market makers reach a net positive position across all Franklin Resources' options at a strike price where option holders stand to lose the most money. By contrast, Franklin Resources' option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Franklin Resources' option chain provides insight into all available option contracts written on Franklin Resources' stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Franklin Resources' stock options below provides a detailed picture of the payoff. Comparing vital and dynamic information of various option contracts across diverse expiration periods will help you make an educated decision on your market timing strategies around investing in a given Franklin option contract.
In The Money vs. Out of Money Option Contracts on Franklin Resources
Analyzing Franklin Resources' in-the-money options over time can help investors to take a profitable long position in Franklin Resources regardless of its overall volatility. This is especially true when Franklin Resources' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Franklin Resources' options could be used as guardians of the underlying stock as they move almost dollar for dollar with Franklin Resources' stock while costing only a fraction of its price.
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.
Please note that buying 'in-the-money' options on Franklin Resources lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Franklin Resources' value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money Franklin Resources contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if Franklin Stock moves the wrong way.
Franklin Resources In The Money Call Balance
When Franklin Resources' strike price is surpassing the current stock price, the option contract against Franklin Resources stock is said to be in the money. When it comes to buying Franklin Resources' options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Franklin Resources are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.
Franklin Current Options Market Mood
Franklin Resources' open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Franklin Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.
Put-to-Call Open Interest
Put-to-Call Volume
Unfortunately, most Franklin Resources' options investors are not very successful. Franklin Resources' option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.
Rule 16 of the current Franklin contract
Base on the Rule 16, the options market is currently suggesting that Franklin Resources will have an average daily up or down price movement of about 0.0556% per day over the life of the 2024-12-20 option contract. With Franklin Resources trading at USD 22.76, that is roughly USD 0.0127. If you think that the market is fully incorporating Franklin Resources' daily price movement you should consider buying Franklin Resources options at the current volatility level of 0.89%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Franklin |
Purchasing Franklin Resources options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Franklin calls. Remember, the seller must deliver Franklin Resources stock to the call owner when a call is exercised.
Franklin Resources Option Chain
When Franklin Resources' strike price is surpassing the current stock price, the option contract against Franklin Resources stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
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 Int | Expiration | Current Spread | Last Price | |||
Call | BEN Option Call 20-12-2024 12 | 3 | 2024-12-20 | 8.0 - 10.7 | 10.03 | In |
Call | BEN Option Call 20-12-2024 15 | 1 | 2024-12-20 | 6.3 - 8.2 | 6.61 | In |
Call | BEN Option Call 20-12-2024 17 | 19 | 2024-12-20 | 3.0 - 5.5 | 3.85 | In |
Call | BEN Option Call 20-12-2024 20 | 455 | 2024-12-20 | 1.55 - 3.4 | 2.6 | In |
Call | BEN Option Call 20-12-2024 22 | 9400 | 2024-12-20 | 0.6 - 0.7 | 0.65 | In |
Call | BEN Option Call 20-12-2024 25 | 592 | 2024-12-20 | 0.0 - 0.1 | 0.05 | Out |
Call | BEN Option Call 20-12-2024 30 | 684 | 2024-12-20 | 0.0 - 0.2 | 0.05 | Out |
Put | BEN Option Put 20-12-2024 12 | 20 | 2024-12-20 | 0.0 - 0.75 | 0.4 | Out |
Put | BEN Option Put 20-12-2024 15 | 294 | 2024-12-20 | 0.0 - 0.05 | 0.04 | Out |
Put | BEN Option Put 20-12-2024 17 | 1269 | 2024-12-20 | 0.0 - 0.05 | 0.03 | Out |
Put | BEN Option Put 20-12-2024 20 | 1298 | 2024-12-20 | 0.05 - 0.1 | 0.05 | Out |
Put | BEN Option Put 20-12-2024 22 | 324 | 2024-12-20 | 0.35 - 0.45 | 0.48 | Out |
Put | BEN Option Put 20-12-2024 25 | 1 | 2024-12-20 | 1.0 - 3.9 | 2.2 | In |
Franklin Resources Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
| Timeline |
Franklin Total Stockholder Equity
Total Stockholder Equity |
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Franklin Resources Corporate Directors
| Seth Waugh | Independent Director | Profile | |
| Peter Barker | Lead Independent Director | Profile | |
| Charles Johnson | Director | Profile | |
| Laura Stein | Independent Director | Profile |
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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
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.