CHKP260116P00230000 Option on Check Point Software

CHKP Stock  USD 192.00  1.56  0.81%   
CHKP260116P00230000 is a PUT option contract on Check Point's common stock with a strick price of 230.0 expiring on 2026-01-16. The contract was not traded in recent days and, as of today, has 83 days remaining before the expiration. The option is currently trading at a bid price of $36.0, and an ask price of $39.9. The implied volatility as of the 25th of October is 83.0.
When exercised, put options on Check Point produce a short position in Check Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Check Point's downside price movement.

Rule 16 of 2026-01-16 Option Contract

The options market is anticipating that Check Point Software will have an average daily up or down price movement of about 0.0215% per day over the life of the option. With Check Point trading at USD 192.0, that is roughly USD 0.0412. If you think that the market is fully understating Check Point's daily price movement you should consider buying Check Point Software options at that current volatility level of 0.34%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Put Option on Check Point

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 Check Point 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 Check 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 NameCHKP260116P00230000
Expires On2026-01-16
Days Before Expriration83
Vega0.216965
Gamma0.007847
Theoretical Value37.95
Open Interest4
Strike Price230.0
Last Traded At38.85
Current Price Spread36.0 | 39.9
Rule 16 Daily Up or DownUSD 0.0412

Check short PUT Option Greeks

Check Point's Option Greeks for the contract ending on 2026-01-16 at a strike price of 230.0 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 Check Point's option greeks, its implied volatility helps estimate the risk of Check Point stock implied by the prices of the options on Check Point's stock.
Delta-0.84358
Gamma0.007847
Theta-0.03277
Vega0.216965
Rho-0.228815

Check long PUT Option Payoff at expiration

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

Check short PUT Option Payoff at expiration

By selling Check Point's put option, the investors signal their bearish sentiment. A short position in a put option written on Check Point will generally make money when the underlying price is above the strike price. Therefore Check Point's put payoff at expiration depends on where the Check Stock price is relative to the put option strike price. The breakeven price of 192.05 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 Check Point's price. Finally, at the strike price of 230.0, the payoff chart is constant and positive.
   Profit   
       Check Point Price At Expiration  
View All Check Point Options

Check Point Software Available Put Options

Check Point's option chain is a display of a range of information that helps investors for ways to trade options on Check. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Check. It also shows strike prices and maturity days for a Check Point 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
CHKP260116P003300000330.0134.6 - 138.6134.6In
 Put
CHKP260116P003200000320.0124.6 - 128.6124.6In
 Put
CHKP260116P003100000310.0114.6 - 118.6114.6In
 Put
CHKP260116P003000000300.0104.6 - 108.6104.6In
 Put
CHKP260116P002900000290.094.6 - 98.694.6In
 Put
CHKP260116P002800000280.084.6 - 88.784.6In
 Put
CHKP260116P002700000270.074.6 - 78.674.6In
 Put
CHKP260116P002600000260.064.4 - 68.764.4In
 Put
CHKP260116P002500000250.054.9 - 58.749.3In
 Put
CHKP260116P002400001240.045.4 - 49.239.9In
 Put
CHKP260116P002300004230.036.0 - 39.938.85In
 Put
CHKP260116P002200006220.028.5 - 30.423.0In
 Put
CHKP260116P0021000020210.020.7 - 22.616.8In
 Put
CHKP260116P0020000033200.014.7 - 16.217.2In
 Put
CHKP260116P0019500021195.012.1 - 13.610.8In
 Put
CHKP260116P0019000045190.09.6 - 11.210.7Out
 Put
CHKP260116P0018500031185.07.5 - 9.26.9Out
 Put
CHKP260116P0018000057180.05.8 - 7.66.21Out
 Put
CHKP260116P001750008175.04.3 - 5.94.0Out
 Put
CHKP260116P0017000018170.03.0 - 5.03.4Out
 Put
CHKP260116P00165000229165.01.2 - 3.72.0Out
 Put
CHKP260116P001600002160.01.25 - 2.353.1Out
 Put
CHKP260116P0015500011155.00.05 - 2.81.9Out
 Put
CHKP260116P0015000023150.00.0 - 2.451.1Out
 Put
CHKP260116P001450009145.00.0 - 2.20.72Out
 Put
CHKP260116P001400002140.00.0 - 1.00.88Out

Check Point Corporate Management

Additional Tools for Check Stock Analysis

When running Check Point's price analysis, check to measure Check Point'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 Check Point is operating at the current time. Most of Check Point's value examination focuses on studying past and present price action to predict the probability of Check Point's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Check Point's price. Additionally, you may evaluate how the addition of Check Point to your portfolios can decrease your overall portfolio volatility.