2024-05-17 PUT at $210.0 Option on Aspen Technology
| AZPN Stock | USD 201.37 6.19 3.17% |
2024-05-17 PUT at $210.0 is a PUT option contract on Aspen Technology's common stock with a strick price of 210.0 expiring on 2024-05-17. The contract was last traded on 2024-04-08 at 15:14:07 for $9.7 and, as of today, has 14 days remaining before the expiration. The option is currently trading at a bid price of $14.8, and an ask price of $17.5. The implied volatility as of the 3rd of May is 72.0.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aspen Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Aspen Stock, please use our How to Invest in Aspen Technology guide.
Aspen |
A put option written on Aspen Technology becomes more valuable as the price of Aspen Technology drops. Conversely, Aspen Technology's put option loses its value as Aspen Stock rises. When exercised, put options on Aspen Technology produce a short position in Aspen Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Aspen Technology's downside price movement.
Rule 16 of 2024-05-17 Option Contract
The options market is anticipating that Aspen Technology will have an average daily up or down price movement of about 4.5% per day over the life of the option. With Aspen Technology trading at USD 201.37, that is roughly USD 9.06. If you think that the market is fully understating Aspen Technology's daily price movement you should consider buying Aspen Technology options at that current volatility level of 72.0%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Put Option on Aspen 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 Aspen 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 Aspen 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 | 2024-05-17 PUT at $210.0 |
| Expires On | 2024-05-17 |
| Days Before Expriration | 14 |
| Last Traded On | 2024-04-08 15:14:07 |
| Contract Period | MONTHLY |
| Open Interest | 4 |
| Current Trading Volume | 0.0 |
| Strike Price | 210.0 |
| Last Traded At | 9.7 |
| Current Price Spread | 14.8 | 17.5 |
| Rule 16 Daily Up or Down | USD9.06 |
Aspen short PUT Option Greeks
Aspen Technology's Option Greeks for the contract ending on 2024-05-17 at a strike price of 210.0 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 Aspen Technology's option greeks, its implied volatility helps estimate the risk of Aspen Technology stock implied by the prices of the options on Aspen Technology's stock.
| Delta | -0.5861 | |
| Gamma | 0.0138 | |
| Theta | -0.3787 | |
| Vega | 0.1536 | |
| Rho | -0.0424 |
Aspen long PUT Option Payoff at expiration
Put options written on Aspen Technology grant holders of the option the right to sell a specified amount of Aspen 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 Aspen Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Aspen Technology is like buying insurance aginst Aspen Technology's downside shift.
Profit |
| Aspen Technology Price At Expiration |
Aspen short PUT Option Payoff at expiration
By selling Aspen Technology's put option, the investors signal their bearish sentiment. A short position in a put option written on Aspen Technology will generally make money when the underlying price is above the strike price. Therefore Aspen Technology's put payoff at expiration depends on where the Aspen Stock price is relative to the put option strike price. The breakeven price of 193.85 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 Aspen Technology's price. Finally, at the strike price of 210.0, the payoff chart is constant and positive.
Profit |
| Aspen Technology Price At Expiration |
Aspen Technology Available Put Options
Aspen Technology's option chain is a display of a range of information that helps investors for ways to trade options on Aspen. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Aspen. It also shows strike prices and maturity days for a Aspen 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.
| Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Put | 2024-05-17 PUT at $150.0 | -0.0961 | 0.0034 | 0 | 2024-05-17 | 0.1 - 5.0 | 0.0 | Out |
Put | 2024-05-17 PUT at $155.0 | -0.1041 | 0.0039 | 0 | 2024-05-17 | 0.1 - 5.0 | 0.0 | Out |
Put | 2024-05-17 PUT at $160.0 | -0.0569 | 0.0037 | 0 | 2024-05-17 | 0.25 - 1.75 | 0.8 | Out |
Put | 2024-05-17 PUT at $165.0 | -0.1246 | 0.0054 | 0 | 2024-05-17 | 0.45 - 4.7 | 0.0 | Out |
Put | 2024-05-17 PUT at $170.0 | -0.1188 | 0.0064 | 2 | 2024-05-17 | 1.05 - 2.85 | 1.86 | Out |
Put | 2024-05-17 PUT at $175.0 | -0.1658 | 0.0078 | 1 | 2024-05-17 | 2.0 - 4.1 | 2.72 | Out |
Put | 2024-05-17 PUT at $180.0 | -0.209 | 0.0092 | 211 | 2024-05-17 | 3.0 - 5.0 | 3.8 | Out |
Put | 2024-05-17 PUT at $185.0 | -0.2333 | 0.0116 | 664 | 2024-05-17 | 2.65 - 5.0 | 5.4 | Out |
Put | 2024-05-17 PUT at $190.0 | -0.3177 | 0.0118 | 0 | 2024-05-17 | 5.5 - 8.0 | 0.0 | Out |
Put | 2024-05-17 PUT at $195.0 | -0.3815 | 0.0127 | 3 | 2024-05-17 | 7.4 - 10.0 | 3.9 | Out |
Put | 2024-05-17 PUT at $200.0 | -0.448 | 0.0135 | 7 | 2024-05-17 | 9.6 - 12.0 | 10.93 | Out |
Put | 2024-05-17 PUT at $210.0 | -0.5861 | 0.0138 | 4 | 2024-05-17 | 14.8 - 17.5 | 9.7 | In |
Put | 2024-05-17 PUT at $220.0 | -0.7215 | 0.0126 | 4 | 2024-05-17 | 20.8 - 24.5 | 14.9 | In |
Put | 2024-05-17 PUT at $230.0 | -0.794 | 0.0096 | 0 | 2024-05-17 | 30.1 - 33.0 | 0.0 | In |
Put | 2024-05-17 PUT at $240.0 | -0.8831 | 0.0071 | 0 | 2024-05-17 | 37.8 - 42.0 | 0.0 | In |
Put | 2024-05-17 PUT at $250.0 | -0.9332 | 0.0047 | 0 | 2024-05-17 | 46.9 - 51.5 | 0.0 | In |
Put | 2024-05-17 PUT at $260.0 | -0.9744 | 0.0023 | 0 | 2024-05-17 | 56.5 - 61.0 | 0.0 | In |
Put | 2024-05-17 PUT at $270.0 | -0.9764 | 0.0019 | 0 | 2024-05-17 | 66.5 - 71.0 | 0.0 | In |
Put | 2024-05-17 PUT at $280.0 | -0.978 | 0.0016 | 0 | 2024-05-17 | 76.5 - 81.0 | 0.0 | In |
Put | 2024-05-17 PUT at $290.0 | -0.9793 | 0.0014 | 0 | 2024-05-17 | 86.5 - 91.0 | 0.0 | In |
Put | 2024-05-17 PUT at $300.0 | -0.9803 | 0.0013 | 0 | 2024-05-17 | 96.5 - 101.0 | 0.0 | In |
Put | 2024-05-17 PUT at $310.0 | -0.9812 | 0.0011 | 0 | 2024-05-17 | 106.5 - 111.0 | 0.0 | In |
Put | 2024-05-17 PUT at $320.0 | -0.9819 | 0.001 | 0 | 2024-05-17 | 116.5 - 121.0 | 0.0 | In |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Aspen Technology without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Global Markets Map Now
Global Markets MapGet a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes |
| All Next | Launch Module |
Aspen Technology Corporate Directors
Aspen Technology corporate directors refer to members of an Aspen Technology board of directors. The board of directors generally takes responsibility for the Aspen Technology's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Aspen Technology's board members must vote for the resolution. The Aspen Technology board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Gary Haroian | Independent Director | Profile | |
| Georgia Keresty | Director | Profile | |
| Donald Casey | Independent Director | Profile | |
| Simon Gann | Independent Director | Profile |
Already Invested in Aspen Technology?
The danger of trading Aspen Technology is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Aspen Technology is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Aspen Technology. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Aspen Technology is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Aspen Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aspen 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 Aspen Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aspen Technology Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aspen Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. To learn how to invest in Aspen Stock, please use our How to Invest in Aspen Technology guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Aspen Stock analysis
When running Aspen Technology's price analysis, check to measure Aspen Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aspen Technology is operating at the current time. Most of Aspen Technology's value examination focuses on studying past and present price action to predict the probability of Aspen Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aspen Technology's price. Additionally, you may evaluate how the addition of Aspen Technology to your portfolios can decrease your overall portfolio volatility.
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |
Is Aspen Technology's industry 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 Aspen Technology. If investors know Aspen 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 Aspen 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 (0.63) | Earnings Share (1.35) | Revenue Per Share 16.424 | Quarterly Revenue Growth 0.059 | Return On Assets (0.01) |
The market value of Aspen Technology is measured differently than its book value, which is the value of Aspen that is recorded on the company's balance sheet. Investors also form their own opinion of Aspen Technology's value that differs from its market value or its book value, called intrinsic value, which is Aspen 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 Aspen Technology's market value can be influenced by many factors that don't directly affect Aspen 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 Aspen Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aspen Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aspen 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.