SYK250321P00310000 Option on Stryker

SYK Stock  USD 391.07  4.08  1.03%   
SYK250321P00310000 is a PUT option contract on Stryker's common stock with a strick price of 310.0 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 50 days remaining before the expiration. The option is currently trading at a bid price of $0.05, and an ask price of $1.75. The implied volatility as of the 30th of January is 50.0.
  
When exercised, put options on Stryker produce a short position in Stryker Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Stryker's downside price movement.

Rule 16 of 2025-03-21 Option Contract

The options market is anticipating that Stryker will have an average daily up or down price movement of about 0.0234% per day over the life of the option. With Stryker trading at USD 391.07, that is roughly USD 0.0915. If you think that the market is fully understating Stryker's daily price movement you should consider buying Stryker options at that current volatility level of 0.37%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Stryker

An 'Out of The Money' option on Stryker has a strike price that Stryker 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 Stryker's 'Out of The Money' options include buying the options if you expect a big move in Stryker'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 NameSYK250321P00310000
Expires On2025-03-21
Days Before Expriration50
Vega0.123041
Gamma0.001539
Theoretical Value0.9
Open Interest24
Strike Price310.0
Last Traded At0.46
Current Price Spread0.05 | 1.75
Rule 16 Daily Up or DownUSD 0.0915

Stryker short PUT Option Greeks

Stryker's Option Greeks for the contract ending on 2025-03-21 at a strike price of 310.0 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 Stryker's option greeks, its implied volatility helps estimate the risk of Stryker stock implied by the prices of the options on Stryker's stock.
Delta-0.038863
Gamma0.001539
Theta-0.043654
Vega0.123041
Rho-0.020981

Stryker long PUT Option Payoff at expiration

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

Stryker short PUT Option Payoff at expiration

By selling Stryker's put option, the investors signal their bearish sentiment. A short position in a put option written on Stryker will generally make money when the underlying price is above the strike price. Therefore Stryker's put payoff at expiration depends on where the Stryker Stock price is relative to the put option strike price. The breakeven price of 309.1 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 Stryker's price. Finally, at the strike price of 310.0, the payoff chart is constant and positive.
   Profit   
       Stryker Price At Expiration  
View All Stryker Options

Stryker Available Put Options

Stryker's option chain is a display of a range of information that helps investors for ways to trade options on Stryker. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Stryker. It also shows strike prices and maturity days for a Stryker 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
SYK250321P001900001190.00.0 - 0.650.85Out
 Put
SYK250321P002400002240.00.0 - 1.350.95Out
 Put
SYK250321P002500002250.00.0 - 1.352.3Out
 Put
SYK250321P002600003260.00.0 - 1.41.26Out
 Put
SYK250321P0027000015270.00.0 - 1.21.35Out
 Put
SYK250321P00280000412280.00.0 - 1.60.58Out
 Put
SYK250321P002900008290.00.0 - 1.451.3Out
 Put
SYK250321P0030000014300.00.25 - 0.80.4Out
 Put
SYK250321P0031000024310.00.05 - 1.750.46Out
 Put
SYK250321P0032000085320.00.1 - 0.90.4Out
 Put
SYK250321P00330000111330.00.4 - 0.950.88Out
 Put
SYK250321P00340000155340.00.35 - 1.00.75Out
 Put
SYK250321P00350000133350.01.1 - 1.351.1Out
 Put
SYK250321P00360000337360.01.5 - 2.12.25Out
 Put
SYK250321P00370000164370.03.1 - 3.63.5Out
 Put
SYK250321P00380000526380.04.0 - 6.25.4Out
 Put
SYK250321P00390000148390.08.8 - 10.38.57Out
 Put
SYK250321P0040000028400.013.7 - 15.013.1In
 Put
SYK250321P004100000410.019.7 - 22.019.7In
 Put
SYK250321P004200000420.027.8 - 30.527.3In
 Put
SYK250321P004300000430.037.4 - 41.037.4In
 Put
SYK250321P004400000440.047.7 - 50.547.7In
 Put
SYK250321P004500000450.057.5 - 60.657.5In
 Put
SYK250321P004600000460.067.5 - 70.867.5In
 Put
SYK250321P004700000470.077.6 - 81.077.6In
 Put
SYK250321P004800000480.087.5 - 91.287.5In
 Put
SYK250321P004900000490.097.7 - 101.197.7In
 Put
SYK250321P005000000500.0107.5 - 110.8107.5In

Stryker Corporate Directors

Andrew SilvernailIndependent DirectorProfile
Sherilyn McCoyIndependent DirectorProfile
Ronda StrykerIndependent DirectorProfile
Allan GolstonLead Independent DirectorProfile
When determining whether Stryker is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Stryker Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Stryker Stock. Highlighted below are key reports to facilitate an investment decision about Stryker Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stryker. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Stryker Stock please use our How to buy in Stryker Stock guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Health Care Equipment & Supplies 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 Stryker. If investors know Stryker 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 Stryker 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
0.2
Earnings Share
7.74
Revenue Per Share
57.728
Quarterly Revenue Growth
0.119
Return On Assets
0.0711
The market value of Stryker is measured differently than its book value, which is the value of Stryker that is recorded on the company's balance sheet. Investors also form their own opinion of Stryker's value that differs from its market value or its book value, called intrinsic value, which is Stryker'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 Stryker's market value can be influenced by many factors that don't directly affect Stryker'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 Stryker's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stryker is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stryker'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.