JKHY241220P00135000 Option on Jack Henry Associates
| JKHY Stock | USD 178.92 4.12 2.36% |
Jack Henry's latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 0.85 with a put-to-call open interest ratio of 1.16 over 29 outstanding agreements suggesting investors are buying more puts than calls on contracts expiring on 2024-12-20. The total put volume is at 26.0, with calls trading at the volume of 26.0. This yields a 1.24 put-to-call volume ratio.
Open Interest Against 2024-12-20 Option Contracts
Jack Henry option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Jack Henry's lending market. For example, when Jack Henry's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Jack Henry, he or she must hedge the risk by shorting Jack Henry stock over its option's life.
2024-12-20
The chart above shows Jack Henry's 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. Jack Henry's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Jack Henry's option, there is no secondary market available for investors to trade.
In The Money vs. Out of Money Option Contracts on Jack Henry
Analyzing Jack Henry's in-the-money options over time can help investors to take a profitable long position in Jack Henry regardless of its overall volatility. This is especially true when Jack Henry's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Jack Henry's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Jack Henry's stock while costing only a fraction of its price.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jack Henry Associates. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Jack Henry Associates In The Money Call Balance
When Jack Henry's strike price is surpassing the current stock price, the option contract against Jack Henry Associates stock is said to be in the money. When it comes to buying Jack Henry's 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 Jack Henry Associates 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.
Jack Current Options Market Mood
Jack Henry's 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 Jack 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 Jack Henry's options investors are not very successful. Jack Henry's 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 Jack contract
Base on the Rule 16, the options market is currently suggesting that Jack Henry Associates will have an average daily up or down price movement of about 0.0531% per day over the life of the 2024-12-20 option contract. With Jack Henry trading at USD 178.92, that is roughly USD 0.0951. If you think that the market is fully incorporating Jack Henry's daily price movement you should consider buying Jack Henry Associates options at the current volatility level of 0.85%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Jack |
Purchasing Jack Henry 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" Jack calls. Remember, the seller must deliver Jack Henry Associates stock to the call owner when a call is exercised.
Jack Henry Option Chain
When Jack Henry's strike price is surpassing the current stock price, the option contract against Jack Henry Associates 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.
Jack Henry's option chain is a display of a range of information that helps investors for ways to trade options on Jack. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Jack. It also shows strike prices and maturity days for a Jack Henry 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 | JKHY Option Call 20-12-2024 80 | 0 | 2024-12-20 | 101.0 - 105.8 | 96.53 | In |
Call | JKHY Option Call 20-12-2024 100 | 10 | 2024-12-20 | 61.6 - 66.5 | 70.99 | In |
Call | JKHY Option Call 20-12-2024 140 | 1 | 2024-12-20 | 0.0 - 0.0 | 28.0 | In |
Call | JKHY Option Call 20-12-2024 160 | 9 | 2024-12-20 | 17.0 - 20.9 | 16.6 | In |
Call | JKHY Option Call 20-12-2024 170 | 10 | 2024-12-20 | 7.0 - 11.0 | 4.5 | In |
Call | JKHY Option Call 20-12-2024 175 | 38 | 2024-12-20 | 3.7 - 6.4 | 5.3 | In |
Call | JKHY Option Call 20-12-2024 180 | 29 | 2024-12-20 | 0.25 - 3.1 | 1.75 | Out |
Call | JKHY Option Call 20-12-2024 185 | 30 | 2024-12-20 | 0.0 - 4.0 | 0.2 | Out |
Call | JKHY Option Call 20-12-2024 190 | 12 | 2024-12-20 | 0.0 - 0.7 | 0.15 | Out |
Call | JKHY Option Call 20-12-2024 195 | 4 | 2024-12-20 | 0.0 - 4.8 | 1.0 | Out |
Call | JKHY Option Call 20-12-2024 200 | 2 | 2024-12-20 | 0.0 - 4.4 | 1.65 | Out |
Call | JKHY Option Call 20-12-2024 210 | 1 | 2024-12-20 | 0.0 - 0.0 | 1.7 | Out |
Call | JKHY Option Call 20-12-2024 220 | 1 | 2024-12-20 | 0.0 - 0.0 | 1.2 | Out |
Put | JKHY Option Put 20-12-2024 100 | 3 | 2024-12-20 | 0.0 - 4.8 | 0.45 | Out |
Put | JKHY Option Put 20-12-2024 110 | 11 | 2024-12-20 | 0.0 - 0.0 | 0.9 | Out |
Put | JKHY Option Put 20-12-2024 115 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.95 | |
Put | JKHY Option Put 20-12-2024 125 | 1 | 2024-12-20 | 0.1 - 4.9 | 1.05 | Out |
Put | JKHY Option Put 20-12-2024 130 | 2 | 2024-12-20 | 0.0 - 0.0 | 1.4 | Out |
Put | JKHY Option Put 20-12-2024 135 | 2 | 2024-12-20 | 0.0 - 4.8 | 1.75 | Out |
Put | JKHY Option Put 20-12-2024 140 | 1 | 2024-12-20 | 0.0 - 4.8 | 1.5 | Out |
Put | JKHY Option Put 20-12-2024 145 | 2 | 2024-12-20 | 0.0 - 4.8 | 1.1 | Out |
Put | JKHY Option Put 20-12-2024 150 | 1 | 2024-12-20 | 0.0 - 1.9 | 2.15 | Out |
Put | JKHY Option Put 20-12-2024 155 | 2 | 2024-12-20 | 0.0 - 4.8 | 2.7 | Out |
Put | JKHY Option Put 20-12-2024 160 | 4 | 2024-12-20 | 0.0 - 4.8 | 1.6 | Out |
Put | JKHY Option Put 20-12-2024 165 | 12 | 2024-12-20 | 0.0 - 3.9 | 1.86 | Out |
Put | JKHY Option Put 20-12-2024 170 | 7 | 2024-12-20 | 0.0 - 4.8 | 2.25 | Out |
Put | JKHY Option Put 20-12-2024 175 | 52 | 2024-12-20 | 0.0 - 3.5 | 2.8 | Out |
Put | JKHY Option Put 20-12-2024 180 | 2 | 2024-12-20 | 0.8 - 4.6 | 6.5 | In |
Put | JKHY Option Put 20-12-2024 185 | 69 | 2024-12-20 | 4.4 - 8.5 | 14.8 | In |
Jack Henry Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
| Timeline |
Jack Henry Market Cap Over Time
Market Cap |
| Timeline |
Jack Total Stockholder Equity
Total Stockholder Equity |
|
Jack Henry Corporate Management
| Shanon McLachlan | Executive VP | Profile | |
| Stacey Zengel | Senior Solutions | Profile | |
| Mimi Carsley | CFO Treasurer | Profile | |
| Craig Morgan | General Counsel, Secretary | Profile | |
| Vance CFA | Vice Relations | Profile | |
| Benjamin Metz | Chief Officer | Profile |
Additional Tools for Jack Stock Analysis
When running Jack Henry's price analysis, check to measure Jack Henry'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 Jack Henry is operating at the current time. Most of Jack Henry's value examination focuses on studying past and present price action to predict the probability of Jack Henry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jack Henry's price. Additionally, you may evaluate how the addition of Jack Henry to your portfolios can decrease your overall portfolio volatility.