TYL250321C00740000 Option on Tyler Technologies

TYL Stock  USD 601.64  2.75  0.46%   
TYL250321C00740000 is a PUT option contract on Tyler Technologies' common stock with a strick price of 740.0 expiring on 2025-03-21. The contract was not traded in recent days and, as of today, has 48 days remaining before the expiration. The option is currently trading at an ask price of $4.8. The implied volatility as of the 1st of February is 48.0.
  
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 0.0227% per day over the life of the option. With Tyler Technologies trading at USD 601.64, that is roughly USD 0.14. 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 0.36%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on Tyler Technologies

An 'Out of The Money' option on Tyler has a strike price that Tyler 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 Tyler Technologies' 'Out of The Money' options include buying the options if you expect a big move in Tyler Technologies' 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 NameTYL250321C00740000
Expires On2025-03-21
Days Before Expriration48
Delta0.071748
Vega0.298569
Gamma0.001728
Theoretical Value2.4
Open Interest5
Strike Price740.0
Last Traded At2.7
Current Price Spread0.0 | 4.8
Rule 16 Daily Up or DownUSD 0.14

Tyler short PUT Option Greeks

Tyler Technologies' Option Greeks for the contract ending on 2025-03-21 at a strike price of 740.0 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.
Delta0.071748
Gamma0.001728
Theta-0.117811
Vega0.298569
Rho0.053615

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 742.4 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 740.0, 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
TYL250321C004100002410.0190.0 - 198.9173.03In
Call
TYL250321C004200001420.0180.0 - 189.0168.83In
Call
TYL250321C004300001430.0170.0 - 179.0170.5In
Call
TYL250321C004400002440.0160.0 - 169.0187.62In
Call
TYL250321C0048000021480.0121.3 - 130.0143.17In
Call
TYL250321C005000007500.0102.0 - 110.9119.48In
Call
TYL250321C0051000020510.093.0 - 101.7121.73In
Call
TYL250321C005300004530.075.0 - 84.0104.07In
Call
TYL250321C005400001540.066.0 - 75.088.1In
Call
TYL250321C005500004550.058.0 - 66.898.5In
Call
TYL250321C005600007560.051.1 - 56.943.47In
Call
TYL250321C005700003570.043.1 - 49.936.65In
Call
TYL250321C005800005580.038.0 - 43.032.4In
Call
TYL250321C00590000112590.030.0 - 37.036.0In
Call
TYL250321C0060000026600.024.0 - 32.031.6Out
Call
TYL250321C0061000017610.021.1 - 26.634.65Out
Call
TYL250321C006200007620.017.4 - 22.120.52Out
Call
TYL250321C006300005630.011.3 - 20.616.25Out
Call
TYL250321C006400009640.08.3 - 17.013.05Out
Call
TYL250321C0065000010650.05.2 - 13.810.21Out
Call
TYL250321C006600003660.04.0 - 12.011.82Out
Call
TYL250321C0067000013670.01.0 - 10.68.4Out
Call
TYL250321C006800004680.03.1 - 10.08.1Out
Call
TYL250321C0070000014700.00.0 - 4.84.9Out
Call
TYL250321C0072000022720.00.0 - 4.82.05Out
Call
TYL250321C007400005740.00.0 - 4.82.7Out
Call
TYL250321C007600002760.00.0 - 4.83.2Out
Call
TYL250321C007800007780.00.0 - 4.82.45Out
Call
TYL250321C0080000090800.00.0 - 4.70.2Out
Call
TYL250321C008200000820.00.0 - 4.84.8Out
Call
TYL250321C008400000840.00.0 - 4.84.8Out
Call
TYL250321C008600001860.00.15 - 10.00.9Out
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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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
5.45
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.