JBHT250321C00230000 Option on JB Hunt Transport
JBHT Stock | USD 173.36 1.43 0.83% |
JBHT250321C00230000 is a PUT option contract on JB Hunt's common stock with a strick price of 230.0 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 49 days remaining before the expiration. The option is currently trading at an ask price of $2.2. The implied volatility as of the 31st of January is 49.0.
JBHT |
When exercised, put options on JB Hunt produce a short position in JBHT Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on JB Hunt's downside price movement.
Rule 16 of 2025-03-21 Option Contract
The options market is anticipating that JB Hunt Transport will have an average daily up or down price movement of about 0.0314% per day over the life of the option. With JB Hunt trading at USD 173.36, that is roughly USD 0.0545. If you think that the market is fully understating JB Hunt's daily price movement you should consider buying JB Hunt Transport options at that current volatility level of 0.5%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Call Option on JB Hunt
An 'Out of The Money' option on JBHT has a strike price that JBHT 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 JB Hunt's 'Out of The Money' options include buying the options if you expect a big move in JB Hunt'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.
Call Contract Name | JBHT250321C00230000 |
Expires On | 2025-03-21 |
Days Before Expriration | 49 |
Delta | 0.080659 |
Vega | 0.095958 |
Gamma | 0.004632 |
Theoretical Value | 1.1 |
Open Interest | 1 |
Strike Price | 230.0 |
Last Traded At | 0.05 |
Current Price Spread | 0.0 | 2.2 |
Rule 16 Daily Up or Down | USD 0.0545 |
JBHT short PUT Option Greeks
JB Hunt's Option Greeks for the contract ending on 2025-03-21 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 JB Hunt's option greeks, its implied volatility helps estimate the risk of JB Hunt stock implied by the prices of the options on JB Hunt's stock.
Delta | 0.080659 | |
Gamma | 0.004632 | |
Theta | -0.049463 | |
Vega | 0.095958 | |
Rho | 0.017649 |
JBHT long PUT Option Payoff at expiration
Put options written on JB Hunt grant holders of the option the right to sell a specified amount of JB Hunt 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 JBHT Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on JB Hunt is like buying insurance aginst JB Hunt's downside shift.
Profit |
JB Hunt Price At Expiration |
JBHT short PUT Option Payoff at expiration
By selling JB Hunt's put option, the investors signal their bearish sentiment. A short position in a put option written on JB Hunt will generally make money when the underlying price is above the strike price. Therefore JB Hunt's put payoff at expiration depends on where the JBHT Stock price is relative to the put option strike price. The breakeven price of 231.1 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 JB Hunt's price. Finally, at the strike price of 230.0, the payoff chart is constant and positive.
Profit |
JB Hunt Price At Expiration |
JB Hunt Transport Available Call Options
JB Hunt's option chain is a display of a range of information that helps investors for ways to trade options on JBHT. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for JBHT. It also shows strike prices and maturity days for a JB Hunt 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 | |||
Call | JBHT250321C00160000 | 1 | 160.0 | 14.0 - 17.3 | 15.0 | In |
Call | JBHT250321C00165000 | 9 | 165.0 | 11.8 - 13.8 | 11.8 | In |
Call | JBHT250321C00170000 | 28 | 170.0 | 8.6 - 9.3 | 7.2 | In |
Call | JBHT250321C00175000 | 43 | 175.0 | 5.8 - 7.5 | 5.9 | Out |
Call | JBHT250321C00180000 | 71 | 180.0 | 3.6 - 4.2 | 4.1 | Out |
Call | JBHT250321C00185000 | 36 | 185.0 | 2.05 - 2.7 | 2.25 | Out |
Call | JBHT250321C00190000 | 94 | 190.0 | 1.0 - 1.65 | 0.8 | Out |
Call | JBHT250321C00195000 | 5 | 195.0 | 0.2 - 5.0 | 0.51 | Out |
Call | JBHT250321C00200000 | 305 | 200.0 | 0.05 - 0.9 | 0.3 | Out |
Call | JBHT250321C00210000 | 20 | 210.0 | 0.0 - 1.6 | 0.5 | Out |
Call | JBHT250321C00220000 | 0 | 220.0 | 0.0 - 2.25 | 2.25 | |
Call | JBHT250321C00230000 | 1 | 230.0 | 0.0 - 2.2 | 0.05 | Out |
Call | JBHT250321C00240000 | 0 | 240.0 | 0.0 - 2.2 | 2.2 | |
Call | JBHT250321C00250000 | 0 | 250.0 | 0.0 - 2.15 | 2.15 | |
Call | JBHT250321C00260000 | 0 | 260.0 | 0.0 - 2.15 | 2.15 | |
Call | JBHT250321C00270000 | 1 | 270.0 | 0.0 - 2.15 | 0.25 | Out |
JB Hunt Corporate Management
John Kuhlow | Chief Accounting Officer, Sr. VP of Fin. and Controller | Profile | |
Stacey Griffin | Senior Pricing | Profile | |
Greer Woodruff | Sustainability Safety | Profile | |
David Keefauver | Executive People | Profile |
Additional Tools for JBHT Stock Analysis
When running JB Hunt's price analysis, check to measure JB Hunt'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 JB Hunt is operating at the current time. Most of JB Hunt's value examination focuses on studying past and present price action to predict the probability of JB Hunt's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JB Hunt's price. Additionally, you may evaluate how the addition of JB Hunt to your portfolios can decrease your overall portfolio volatility.