ALGN250919C00140000 Option on Align Technology

ALGN Stock  USD 193.14  2.37  1.24%   
ALGN250919C00140000 is a PUT option contract on Align Technology's common stock with a strick price of 140.0 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 60 days remaining before the expiration. The option is currently trading at a bid price of $48.9, and an ask price of $57.1. The implied volatility as of the 21st of July is 60.0.
A put option written on Align Technology becomes more valuable as the price of Align Technology drops. Conversely, Align Technology's put option loses its value as Align Stock rises.

Rule 16 of 2025-09-19 Option Contract

The options market is anticipating that Align Technology will have an average daily up or down price movement of about 0.0334% per day over the life of the option. With Align Technology trading at USD 193.14, that is roughly USD 0.0644. If you think that the market is fully understating Align Technology's daily price movement you should consider buying Align Technology options at that current volatility level of 0.53%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call Option on Align Technology

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 Align Technology 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 Align 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 NameALGN250919C00140000
Expires On2025-09-19
Days Before Expriration60
Delta0.939527
Vega0.094247
Gamma0.002856
Theoretical Value53.0
Open Interest2
Strike Price140.0
Current Price Spread48.9 | 57.1
Rule 16 Daily Up or DownUSD 0.0644

Align short PUT Option Greeks

Align Technology's Option Greeks for the contract ending on 2025-09-19 at a strike price of 140.0 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 Align Technology's option greeks, its implied volatility helps estimate the risk of Align Technology stock implied by the prices of the options on Align Technology's stock.
Delta0.939527
Gamma0.002856
Theta-0.055669
Vega0.094247
Rho0.214424

Align long PUT Option Payoff at expiration

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

Align short PUT Option Payoff at expiration

By selling Align Technology's put option, the investors signal their bearish sentiment. A short position in a put option written on Align Technology will generally make money when the underlying price is above the strike price. Therefore Align Technology's put payoff at expiration depends on where the Align Stock price is relative to the put option strike price. The breakeven price of 193.0 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 Align Technology's price. Finally, at the strike price of 140.0, the payoff chart is constant and positive.
   Profit   
       Align Technology Price At Expiration  
View All Align Technology Options

Align Technology Available Call Options

Align Technology's option chain is a display of a range of information that helps investors for ways to trade options on Align. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Align. It also shows strike prices and maturity days for a Align Technology 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
ALGN251017C003100000310.00.0 - 4.44.4Out
Call
ALGN251017C003000002300.00.0 - 4.44.4Out
Call
ALGN251017C002900000290.00.0 - 2.82.8Out
Call
ALGN251017C002800000280.00.0 - 2.92.9Out
Call
ALGN251017C002700001270.00.0 - 4.84.8Out
Call
ALGN251017C002600006260.00.0 - 3.51.16Out
Call
ALGN251017C0025000045250.00.0 - 3.43.4Out
Call
ALGN251017C00240000111240.01.75 - 4.74.6Out
Call
ALGN251017C0023000099230.02.9 - 5.34.2Out
Call
ALGN251017C0022000043220.05.0 - 6.56.5Out
Call
ALGN251017C00210000135210.07.9 - 9.48.4Out
Call
ALGN251017C00200000118200.011.8 - 13.313.1Out
Call
ALGN251017C00195000102195.013.8 - 15.524.0Out
Call
ALGN251017C0019000095190.016.8 - 18.219.0Out
Call
ALGN251017C00185000100185.019.6 - 22.224.76In
Call
ALGN251017C0018000028180.022.6 - 25.022.5In
Call
ALGN251017C001750003175.025.4 - 30.328.59In
Call
ALGN251017C0017000017170.028.3 - 32.725.0In
Call
ALGN251017C001650009165.029.2 - 36.331.3In
Call
ALGN251017C0014000010140.050.1 - 58.454.57In
Call
ALGN251017C00080000180.0108.1 - 115.9108.1In
Call
ALGN251017C00075000275.0113.0 - 120.9113.0In

Align Technology Corporate Executives

Elected by the shareholders, the Align Technology's board of directors comprises two types of representatives: Align Technology inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Align. The board's role is to monitor Align Technology's management team and ensure that shareholders' interests are well served. Align Technology's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Align Technology's outside directors are responsible for providing unbiased perspectives on the board's policies.
When determining whether Align Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Align Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Align Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Align Technology Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Align Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Align Stock, please use our How to Invest in Align Technology guide.
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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 Align Technology. If investors know Align 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 Align Technology 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
(0.09)
Earnings Share
5.49
Revenue Per Share
53.453
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0672
The market value of Align Technology is measured differently than its book value, which is the value of Align that is recorded on the company's balance sheet. Investors also form their own opinion of Align Technology's value that differs from its market value or its book value, called intrinsic value, which is Align Technology'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 Align Technology's market value can be influenced by many factors that don't directly affect Align Technology'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 Align Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Align Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Align Technology'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.