GRMN250919P00230000 Option on Garmin

GRMN Stock  USD 201.74  0.00  0.00%   
GRMN250919P00230000 is a PUT option contract on Garmin's common stock with a strick price of 230.0 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 88 days remaining before the expiration. The option is currently trading at a bid price of $29.9, and an ask price of $33.7. The implied volatility as of the 23rd of June is 88.0.
A put option written on Garmin becomes more valuable as the price of Garmin drops. Conversely, Garmin's put option loses its value as Garmin Stock rises.

Rule 16 of 2025-09-19 Option Contract

The options market is anticipating that Garmin will have an average daily up or down price movement of about 0.0181% per day over the life of the option. With Garmin trading at USD 201.74, that is roughly USD 0.0366. If you think that the market is fully understating Garmin's daily price movement you should consider buying Garmin options at that current volatility level of 0.29%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Put Option on Garmin

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 Garmin 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 Garmin 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 NameGRMN250919P00230000
Expires On2025-09-19
Days Before Expriration88
Vega0.252651
Gamma0.009392
Theoretical Value31.8
Open Interest2
Strike Price230.0
Current Price Spread29.9 | 33.7
Rule 16 Daily Up or DownUSD 0.0366

Garmin short PUT Option Greeks

Garmin's Option Greeks for the contract ending on 2025-09-19 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 Garmin's option greeks, its implied volatility helps estimate the risk of Garmin stock implied by the prices of the options on Garmin's stock.
Delta-0.820783
Gamma0.009392
Theta-0.032245
Vega0.252651
Rho-0.265417

Garmin long PUT Option Payoff at expiration

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

Garmin short PUT Option Payoff at expiration

By selling Garmin's put option, the investors signal their bearish sentiment. A short position in a put option written on Garmin will generally make money when the underlying price is above the strike price. Therefore Garmin's put payoff at expiration depends on where the Garmin Stock price is relative to the put option strike price. The breakeven price of 198.2 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 Garmin's price. Finally, at the strike price of 230.0, the payoff chart is constant and positive.
   Profit   
       Garmin Price At Expiration  
View All Garmin Options

Garmin Available Put Options

Garmin's option chain is a display of a range of information that helps investors for ways to trade options on Garmin. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Garmin. It also shows strike prices and maturity days for a Garmin 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
GRMN250919P001250001125.00.0 - 2.252.25Out
 Put
GRMN250919P001300001130.00.0 - 1.651.65Out
 Put
GRMN250919P001450001145.00.05 - 1.70.05Out
 Put
GRMN250919P0015000016150.00.05 - 3.01.4Out
 Put
GRMN250919P001550002155.00.05 - 3.10.05Out
 Put
GRMN250919P0016000095160.00.35 - 3.51.55Out
 Put
GRMN250919P0016500023165.01.45 - 3.01.45Out
 Put
GRMN250919P0017000038170.02.1 - 3.82.05Out
 Put
GRMN250919P0017500035175.02.9 - 4.82.9Out
 Put
GRMN250919P0018000046180.03.6 - 5.95.1Out
 Put
GRMN250919P0018500024185.05.2 - 6.76.97Out
 Put
GRMN250919P0019000014190.06.1 - 8.98.55Out
 Put
GRMN250919P001950003195.07.9 - 10.810.35Out
 Put
GRMN250919P0020000023200.010.1 - 12.912.62Out
 Put
GRMN250919P0021000029210.015.2 - 18.215.6In
 Put
GRMN250919P0022000054220.022.6 - 24.718.6In
 Put
GRMN250919P002300002230.029.9 - 33.729.9In
 Put
GRMN250919P002400007240.038.8 - 42.138.8In
 Put
GRMN250919P002700000270.068.1 - 71.868.1In
 Put
GRMN250919P002800000280.078.0 - 81.878.0In
 Put
GRMN250919P002900000290.088.0 - 91.888.0In
 Put
GRMN250919P003000000300.098.0 - 101.898.0In
 Put
GRMN250919P003100000310.0108.3 - 112.1108.3In
 Put
GRMN250919P003200000320.0118.0 - 122.1118.0In
 Put
GRMN250919P003300000330.0128.4 - 132.1128.4In
 Put
GRMN250919P003400000340.0138.0 - 141.8138.0In
 Put
GRMN250919P003500000350.0148.0 - 152.1148.0In
 Put
GRMN250919P003600000360.0158.2 - 162.1158.2In

Garmin Corporate Executives

Elected by the shareholders, the Garmin's board of directors comprises two types of representatives: Garmin inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Garmin. The board's role is to monitor Garmin's management team and ensure that shareholders' interests are well served. Garmin'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, Garmin's outside directors are responsible for providing unbiased perspectives on the board's policies.
Douglas BoessenChief Financial Officer, TreasurerProfile
Douglas CPACFO TreasurerProfile
When determining whether Garmin offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Garmin'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 Garmin Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Garmin Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Garmin. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Garmin Stock, please use our How to Invest in Garmin guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Consumer Electronics 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 Garmin. If investors know Garmin 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 Garmin 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
0.203
Dividend Share
3.6
Earnings Share
7.58
Revenue Per Share
33.557
Quarterly Revenue Growth
0.111
The market value of Garmin is measured differently than its book value, which is the value of Garmin that is recorded on the company's balance sheet. Investors also form their own opinion of Garmin's value that differs from its market value or its book value, called intrinsic value, which is Garmin'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 Garmin's market value can be influenced by many factors that don't directly affect Garmin'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 Garmin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Garmin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Garmin'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.