TYL250321C00540000 Option on Tyler Technologies

TYL Stock  USD 584.55  15.22  2.67%   
TYL250321C00540000 is a PUT option contract on Tyler Technologies' common stock with a strick price of 540.0 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 58 days remaining before the expiration. The option is currently trading at a bid price of $52.0, and an ask price of $60.0. The implied volatility as of the 22nd of January is 58.0.
  
When exercised, put options on Tyler Technologies produce a short position in Tyler Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Tyler Technologies' downside price movement.

Rule 16 of 2025-03-21 Option Contract

The options market is anticipating that Tyler Technologies will have an average daily up or down price movement of about 0.0171% per day over the life of the option. With Tyler Technologies trading at USD 584.55, that is roughly USD 0.1. If you think that the market is fully understating Tyler Technologies' daily price movement you should consider buying Tyler Technologies options at that current volatility level of 0.27%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call Option on Tyler Technologies

An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Tyler Technologies positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Tyler Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract NameTYL250321C00540000
Expires On2025-03-21
Days Before Expriration58
Delta0.79944
Vega0.659013
Gamma0.004355
Theoretical Value56.0
Open Interest1
Strike Price540.0
Last Traded At88.1
Current Price Spread52.0 | 60.0
Rule 16 Daily Up or DownUSD 0.1

Tyler short PUT Option Greeks

Tyler Technologies' Option Greeks for the contract ending on 2025-03-21 at a strike price of 540.0 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 Tyler Technologies' option greeks, its implied volatility helps estimate the risk of Tyler Technologies stock implied by the prices of the options on Tyler Technologies' stock.
Delta0.79944
Gamma0.004355
Theta-0.202752
Vega0.659013
Rho0.664876

Tyler long PUT Option Payoff at expiration

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

Tyler short PUT Option Payoff at expiration

By selling Tyler Technologies' put option, the investors signal their bearish sentiment. A short position in a put option written on Tyler Technologies will generally make money when the underlying price is above the strike price. Therefore Tyler Technologies' put payoff at expiration depends on where the Tyler Stock price is relative to the put option strike price. The breakeven price of 596.0 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 Tyler Technologies' price. Finally, at the strike price of 540.0, the payoff chart is constant and positive.
   Profit   
       Tyler Technologies Price At Expiration  
View All Tyler Technologies Options

Tyler Technologies Available Call Options

Tyler Technologies' option chain is a display of a range of information that helps investors for ways to trade options on Tyler. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Tyler. It also shows strike prices and maturity days for a Tyler Technologies 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
Call
TYL250321C004100002410.0174.0 - 182.9173.03In
Call
TYL250321C004200001420.0164.0 - 173.0168.83In
Call
TYL250321C004300001430.0154.0 - 163.0170.5In
Call
TYL250321C004400002440.0144.0 - 153.5187.62In
Call
TYL250321C0048000021480.0105.0 - 113.9143.17In
Call
TYL250321C005000007500.087.0 - 95.0119.48In
Call
TYL250321C0051000020510.078.1 - 86.0121.73In
Call
TYL250321C005300004530.060.0 - 69.0104.07In
Call
TYL250321C005400001540.052.0 - 60.088.1In
Call
TYL250321C005500004550.043.5 - 52.898.5In
Call
TYL250321C005600005560.038.2 - 44.733.06In
Call
TYL250321C005700002570.029.0 - 38.027.56In
Call
TYL250321C005800004580.026.0 - 32.029.0In
Call
TYL250321C00590000113590.022.7 - 26.621.45Out
Call
TYL250321C0060000025600.015.9 - 21.713.45Out
Call
TYL250321C0061000014610.012.0 - 18.717.1Out
Call
TYL250321C006200009620.09.1 - 12.110.9Out
Call
TYL250321C006300003630.03.0 - 11.96.99Out
Call
TYL250321C006400009640.01.0 - 10.55.4Out
Call
TYL250321C006500008650.00.05 - 10.04.98Out
Call
TYL250321C006700003670.00.15 - 10.017.37Out
Call
TYL250321C006800005680.00.0 - 4.814.03Out
Call
TYL250321C0070000014700.00.0 - 4.84.9Out
Call
TYL250321C0072000018720.00.0 - 4.87.16Out
Call
TYL250321C007400005740.00.0 - 4.82.7Out
Call
TYL250321C007600002760.00.0 - 4.83.2Out
Call
TYL250321C007800007780.00.0 - 4.82.45Out
Call
TYL250321C0080000022800.00.0 - 2.22.15Out
Call
TYL250321C008200000820.00.0 - 4.84.8Out
Call
TYL250321C008400000840.00.0 - 4.84.8Out
Call
TYL250321C008600001860.00.0 - 4.80.9Out
Call
TYL250321C008800008880.00.0 - 4.80.9Out

Tyler Technologies Corporate Directors

Donald BrattainLead Independent DirectorProfile
Glenn CarterLead Independent DirectorProfile
Brenda ClineIndependent DirectorProfile
Daniel PopeIndependent DirectorProfile
When determining whether Tyler Technologies is a strong investment it is important to analyze Tyler Technologies' 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 Tyler Technologies' future performance. For an informed investment choice regarding Tyler Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tyler Technologies. 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 Tyler Stock please use our How to buy in Tyler Stock guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Application Software 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 Tyler Technologies. If investors know Tyler 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 Tyler Technologies 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
0.582
Earnings Share
5.47
Revenue Per Share
48.923
Quarterly Revenue Growth
0.098
Return On Assets
0.0358
The market value of Tyler Technologies is measured differently than its book value, which is the value of Tyler that is recorded on the company's balance sheet. Investors also form their own opinion of Tyler Technologies' value that differs from its market value or its book value, called intrinsic value, which is Tyler Technologies' 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 Tyler Technologies' market value can be influenced by many factors that don't directly affect Tyler Technologies' 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 Tyler Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tyler Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tyler Technologies' 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.