TYL250321P00500000 Option on Tyler Technologies

TYL Stock  USD 584.55  15.22  2.67%   
TYL250321P00500000 is a PUT option contract on Tyler Technologies' common stock with a strick price of 500.0 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 $0.05, and an ask price of $10.0. 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 0.0224% per day over the life of the option. With Tyler Technologies trading at USD 584.55, that is roughly USD 0.13. 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 Put 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.
Put Contract NameTYL250321P00500000
Expires On2025-03-21
Days Before Expriration58
Vega0.456247
Gamma0.00231
Theoretical Value5.03
Open Interest1
Strike Price500.0
Last Traded At8.38
Current Price Spread0.05 | 10.0
Rule 16 Daily Up or DownUSD 0.13

Tyler short PUT Option Greeks

Tyler Technologies' Option Greeks for the contract ending on 2025-03-21 at a strike price of 500.0 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.
Delta-0.115051
Gamma0.00231
Theta-0.130692
Vega0.456247
Rho-0.106536

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 494.97 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 500.0, the payoff chart is constant and positive.
   Profit   
       Tyler Technologies Price At Expiration  
View All Tyler Technologies Options

Tyler Technologies Available Put 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
 Put
TYL250321P003800001380.00.0 - 4.83.1Out
 Put
TYL250321P003900002390.00.0 - 4.83.6Out
 Put
TYL250321P004000001400.00.0 - 4.81.71Out
 Put
TYL250321P004200001420.00.0 - 4.83.0Out
 Put
TYL250321P004300002430.00.0 - 4.83.5Out
 Put
TYL250321P0045000010450.00.0 - 4.80.94Out
 Put
TYL250321P004600002460.00.0 - 4.86.1Out
 Put
TYL250321P004800005480.00.05 - 10.01.8Out
 Put
TYL250321P004900001490.00.4 - 10.01.75Out
 Put
TYL250321P005000001500.00.05 - 10.08.38Out
 Put
TYL250321P005400001540.03.0 - 11.98.6Out
 Put
TYL250321P005500002550.04.4 - 14.012.68Out
 Put
TYL250321P0057000053570.010.0 - 19.718.98Out
 Put
TYL250321P005800003580.017.4 - 23.623.42Out
 Put
TYL250321P0059000058590.023.5 - 28.027.1In
 Put
TYL250321P006000003600.024.1 - 33.935.48In
 Put
TYL250321P0061000020610.031.0 - 40.038.6In
 Put
TYL250321P006200001620.038.0 - 47.019.71In
 Put
TYL250321P006300001630.046.1 - 54.938.8In
 Put
TYL250321P006400005640.054.0 - 62.940.3In
 Put
TYL250321P007000000700.0111.0 - 120.0111.0In
 Put
TYL250321P007200000720.0131.0 - 140.0131.0In
 Put
TYL250321P007400000740.0151.0 - 160.0151.0In
 Put
TYL250321P007600000760.0171.0 - 180.0171.0In
 Put
TYL250321P007800000780.0191.0 - 200.0191.0In
 Put
TYL250321P008000000800.0210.8 - 220.0210.8In
 Put
TYL250321P008200000820.0231.0 - 240.0231.0In
 Put
TYL250321P008400000840.0251.0 - 260.0251.0In
 Put
TYL250321P008600000860.0271.0 - 280.0271.0In
 Put
TYL250321P008800000880.0291.0 - 300.0291.0In

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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.