ALGN250919P00100000 Option on Align Technology
ALGN Stock | USD 189.04 1.73 0.91% |
ALGN250919P00100000 is a PUT option contract on Align Technology's common stock with a strick price of 100.0 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 an ask price of $2.8. 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 0.063% per day over the life of the option. With Align Technology trading at USD 189.04, that is roughly USD 0.12. 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 1.01%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on Align Technology
An 'Out of The Money' option on Align has a strike price that Align 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 Align Technology's 'Out of The Money' options include buying the options if you expect a big move in Align Technology's 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 Name | ALGN250919P00100000 |
Expires On | 2025-09-19 |
Days Before Expriration | 60 |
Vega | 0.064475 |
Gamma | 0.001035 |
Theoretical Value | 1.4 |
Open Interest | 79 |
Strike Price | 100.0 |
Last Traded At | 0.75 |
Current Price Spread | 0.0 | 2.8 |
Rule 16 Daily Up or Down | USD 0.12 |
Align short PUT Option Greeks
Align Technology's Option Greeks for the contract ending on 2025-09-19 at a strike price of 100.0 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.
Delta | -0.03763 | |
Gamma | 0.001035 | |
Theta | -0.051459 | |
Vega | 0.064475 | |
Rho | -0.013531 |
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 98.6 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 100.0, the payoff chart is constant and positive.
Profit |
Align Technology Price At Expiration |
Align Technology Available Put 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 Int | Strike Price | Current Spread | Last Price | |||
Put | ALGN251017P00085000 | 8 | 85.0 | 0.0 - 4.3 | 4.3 | Out |
Put | ALGN251017P00090000 | 216 | 90.0 | 0.0 - 4.3 | 4.3 | Out |
Put | ALGN251017P00095000 | 3 | 95.0 | 0.0 - 2.7 | 0.3 | Out |
Put | ALGN251017P00100000 | 76 | 100.0 | 0.0 - 3.5 | 0.9 | Out |
Put | ALGN251017P00105000 | 5 | 105.0 | 0.0 - 2.8 | 0.51 | Out |
Put | ALGN251017P00110000 | 107 | 110.0 | 0.0 - 2.9 | 2.9 | Out |
Put | ALGN251017P00115000 | 51 | 115.0 | 0.0 - 3.0 | 0.5 | Out |
Put | ALGN251017P00120000 | 6 | 120.0 | 0.0 - 3.2 | 2.0 | Out |
Put | ALGN251017P00125000 | 14 | 125.0 | 0.0 - 3.4 | 2.08 | Out |
Put | ALGN251017P00130000 | 42 | 130.0 | 0.0 - 1.85 | 0.68 | Out |
Put | ALGN251017P00135000 | 53 | 135.0 | 1.05 - 2.35 | 2.8 | Out |
Put | ALGN251017P00140000 | 38 | 140.0 | 1.6 - 2.7 | 1.98 | Out |
Put | ALGN251017P00145000 | 97 | 145.0 | 1.85 - 3.6 | 2.88 | Out |
Put | ALGN251017P00150000 | 82 | 150.0 | 2.45 - 5.4 | 3.47 | Out |
Put | ALGN251017P00155000 | 42 | 155.0 | 0.95 - 8.0 | 3.52 | Out |
Put | ALGN251017P00160000 | 27 | 160.0 | 4.0 - 8.6 | 4.5 | Out |
Put | ALGN251017P00165000 | 20 | 165.0 | 5.1 - 10.0 | 5.6 | Out |
Put | ALGN251017P00170000 | 97 | 170.0 | 6.4 - 8.7 | 6.9 | Out |
Put | ALGN251017P00175000 | 78 | 175.0 | 7.6 - 10.9 | 8.43 | Out |
Put | ALGN251017P00180000 | 185 | 180.0 | 9.6 - 10.8 | 10.35 | Out |
Put | ALGN251017P00185000 | 52 | 185.0 | 11.5 - 13.0 | 9.3 | Out |
Put | ALGN251017P00190000 | 97 | 190.0 | 13.4 - 16.7 | 14.4 | Out |
Put | ALGN251017P00195000 | 32 | 195.0 | 16.3 - 20.3 | 17.8 | In |
Put | ALGN251017P00200000 | 23 | 200.0 | 19.0 - 22.0 | 18.95 | In |
Put | ALGN251017P00210000 | 4 | 210.0 | 22.0 - 30.5 | 25.89 | In |
Put | ALGN251017P00220000 | 49 | 220.0 | 31.4 - 37.4 | 27.6 | In |
Put | ALGN251017P00230000 | 3 | 230.0 | 37.7 - 45.8 | 37.7 | In |
Put | ALGN251017P00240000 | 4 | 240.0 | 46.3 - 54.6 | 46.3 | In |
Put | ALGN251017P00250000 | 1 | 250.0 | 55.6 - 63.9 | 79.7 | In |
Put | ALGN251017P00260000 | 0 | 260.0 | 65.4 - 73.4 | 65.4 | In |
Put | ALGN251017P00270000 | 0 | 270.0 | 75.3 - 83.3 | 75.3 | In |
Put | ALGN251017P00280000 | 0 | 280.0 | 85.3 - 93.2 | 85.3 | In |
Put | ALGN251017P00290000 | 0 | 290.0 | 95.3 - 103.2 | 95.3 | In |
Put | ALGN251017P00300000 | 0 | 300.0 | 105.3 - 113.3 | 105.3 | In |
Put | ALGN251017P00310000 | 0 | 310.0 | 115.0 - 123.3 | 115.0 | In |
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.
John Morici | CFO Finance | Profile |
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.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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 | Quarterly Revenue Growth (0.02) | Return On Assets |
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.