TYL250321P00640000 Option on Tyler Technologies
TYL Stock | USD 584.55 15.22 2.67% |
TYL250321P00640000 is a PUT option contract on Tyler Technologies' common stock with a strick price of 640.0 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 $54.0, and an ask price of $62.9. The implied volatility as of the 22nd of January is 58.0.
Tyler |
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 0.0149% per day over the life of the option. With Tyler Technologies trading at USD 584.55, that is roughly USD 0.0871. 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 0.24%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Put 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.
Put Contract Name | TYL250321P00640000 |
Expires On | 2025-03-21 |
Days Before Expriration | 58 |
Vega | 0.582616 |
Gamma | 0.00482 |
Theoretical Value | 58.45 |
Open Interest | 5 |
Strike Price | 640.0 |
Last Traded At | 40.3 |
Current Price Spread | 54.0 | 62.9 |
Rule 16 Daily Up or Down | USD 0.0871 |
Tyler short PUT Option Greeks
Tyler Technologies' Option Greeks for the contract ending on 2025-03-21 at a strike price of 640.0 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 | -0.826456 | |
Gamma | 0.00482 | |
Theta | -0.084965 | |
Vega | 0.582616 | |
Rho | -0.438166 |
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 581.55 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 640.0, the payoff chart is constant and positive.
Profit |
Tyler Technologies Price At Expiration |
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 Int | Strike Price | Current Spread | Last Price | |||
Put | TYL250321P00380000 | 1 | 380.0 | 0.0 - 4.8 | 3.1 | Out |
Put | TYL250321P00390000 | 2 | 390.0 | 0.0 - 4.8 | 3.6 | Out |
Put | TYL250321P00400000 | 1 | 400.0 | 0.0 - 4.8 | 1.71 | Out |
Put | TYL250321P00420000 | 1 | 420.0 | 0.0 - 4.8 | 3.0 | Out |
Put | TYL250321P00430000 | 2 | 430.0 | 0.0 - 4.8 | 3.5 | Out |
Put | TYL250321P00450000 | 10 | 450.0 | 0.0 - 4.8 | 0.94 | Out |
Put | TYL250321P00460000 | 2 | 460.0 | 0.0 - 4.8 | 6.1 | Out |
Put | TYL250321P00480000 | 5 | 480.0 | 0.05 - 10.0 | 1.8 | Out |
Put | TYL250321P00490000 | 1 | 490.0 | 0.4 - 10.0 | 1.75 | Out |
Put | TYL250321P00500000 | 1 | 500.0 | 0.05 - 10.0 | 8.38 | Out |
Put | TYL250321P00540000 | 1 | 540.0 | 3.0 - 11.9 | 8.6 | Out |
Put | TYL250321P00550000 | 2 | 550.0 | 4.4 - 14.0 | 12.68 | Out |
Put | TYL250321P00570000 | 53 | 570.0 | 10.0 - 19.7 | 18.98 | Out |
Put | TYL250321P00580000 | 3 | 580.0 | 17.4 - 23.6 | 23.42 | Out |
Put | TYL250321P00590000 | 58 | 590.0 | 23.5 - 28.0 | 27.1 | In |
Put | TYL250321P00600000 | 3 | 600.0 | 24.1 - 33.9 | 35.48 | In |
Put | TYL250321P00610000 | 20 | 610.0 | 31.0 - 40.0 | 38.6 | In |
Put | TYL250321P00620000 | 1 | 620.0 | 38.0 - 47.0 | 19.71 | In |
Put | TYL250321P00630000 | 1 | 630.0 | 46.1 - 54.9 | 38.8 | In |
Put | TYL250321P00640000 | 5 | 640.0 | 54.0 - 62.9 | 40.3 | In |
Put | TYL250321P00700000 | 0 | 700.0 | 111.0 - 120.0 | 111.0 | In |
Put | TYL250321P00720000 | 0 | 720.0 | 131.0 - 140.0 | 131.0 | In |
Put | TYL250321P00740000 | 0 | 740.0 | 151.0 - 160.0 | 151.0 | In |
Put | TYL250321P00760000 | 0 | 760.0 | 171.0 - 180.0 | 171.0 | In |
Put | TYL250321P00780000 | 0 | 780.0 | 191.0 - 200.0 | 191.0 | In |
Put | TYL250321P00800000 | 0 | 800.0 | 210.8 - 220.0 | 210.8 | In |
Put | TYL250321P00820000 | 0 | 820.0 | 231.0 - 240.0 | 231.0 | In |
Put | TYL250321P00840000 | 0 | 840.0 | 251.0 - 260.0 | 251.0 | In |
Put | TYL250321P00860000 | 0 | 860.0 | 271.0 - 280.0 | 271.0 | In |
Put | TYL250321P00880000 | 0 | 880.0 | 291.0 - 300.0 | 291.0 | In |
Tyler Technologies Corporate Directors
Donald Brattain | Lead Independent Director | Profile | |
Glenn Carter | Lead Independent Director | Profile | |
Brenda Cline | Independent Director | Profile | |
Daniel Pope | Independent Director | Profile |
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 5.47 | Revenue Per Share | Quarterly Revenue Growth 0.098 | Return On Assets |
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.