JBBB250919P00048000 Option on Janus Detroit Street
JBBB Etf | USD 48.22 0.01 0.02% |
JBBB250919P00048000 is a PUT option contract on Janus Detroit's common stock with a strick price of 48.0 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 57 days remaining before the expiration. The option is currently trading at a bid price of $0.7, and an ask price of $0.95. The implied volatility as of the 24th of July is 57.0.
A put option written on Janus Detroit becomes more valuable as the price of Janus Detroit drops. Conversely, Janus Detroit's put option loses its value as Janus Etf rises.
Rule 16 of 2025-09-19 Option Contract
The options market is anticipating that Janus Detroit Street will have an average daily up or down price movement of about 0.009231% per day over the life of the option. With Janus Detroit trading at USD 48.22, that is roughly USD 0.004451. If you think that the market is fully understating Janus Detroit's daily price movement you should consider buying Janus Detroit Street options at that current volatility level of 0.15%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on Janus Detroit
An 'Out of The Money' option on Janus has a strike price that Janus Etf 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 Janus Detroit's 'Out of The Money' options include buying the options if you expect a big move in Janus Detroit'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 | JBBB250919P00048000 |
Expires On | 2025-09-19 |
Days Before Expriration | 57 |
Vega | 0.074839 |
Gamma | 0.141651 |
Theoretical Value | 0.9 |
Open Interest | 223 |
Current Trading Volume | 60.0 |
Strike Price | 48.0 |
Last Traded At | 0.9 |
Current Price Spread | 0.7 | 0.95 |
Rule 16 Daily Up or Down | USD 0.004451 |
Janus short PUT Option Greeks
Janus Detroit's Option Greeks for the contract ending on 2025-09-19 at a strike price of 48.0 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 Janus Detroit's option greeks, its implied volatility helps estimate the risk of Janus Detroit stock implied by the prices of the options on Janus Detroit's stock.
Delta | -0.426904 | |
Gamma | 0.141651 | |
Theta | -0.007532 | |
Vega | 0.074839 | |
Rho | -0.026595 |
Janus long PUT Option Payoff at expiration
Put options written on Janus Detroit grant holders of the option the right to sell a specified amount of Janus Detroit 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 Janus Etf cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Janus Detroit is like buying insurance aginst Janus Detroit's downside shift.
Profit |
Janus Detroit Price At Expiration |
Janus short PUT Option Payoff at expiration
By selling Janus Detroit's put option, the investors signal their bearish sentiment. A short position in a put option written on Janus Detroit will generally make money when the underlying price is above the strike price. Therefore Janus Detroit's put payoff at expiration depends on where the Janus Etf price is relative to the put option strike price. The breakeven price of 47.1 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 Janus Detroit's price. Finally, at the strike price of 48.0, the payoff chart is constant and positive.
Profit |
Janus Detroit Price At Expiration |
Janus Detroit Street Available Put Options
Janus Detroit's option chain is a display of a range of information that helps investors for ways to trade options on Janus. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Janus. It also shows strike prices and maturity days for a Janus Detroit 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 | JBBB250919P00053000 | 40 | 53.0 | 2.7 - 7.6 | 2.7 | In |
Put | JBBB250919P00052000 | 0 | 52.0 | 1.7 - 6.6 | 1.7 | In |
Put | JBBB250919P00051000 | 0 | 51.0 | 0.7 - 5.6 | 0.7 | In |
Put | JBBB250919P00050000 | 0 | 50.0 | 0.0 - 4.8 | 4.8 | In |
Put | JBBB250919P00049000 | 1 | 49.0 | 0.4 - 4.4 | 1.65 | In |
Put | JBBB250919P00048000 | 223 | 48.0 | 0.7 - 0.95 | 0.9 | Out |
Put | JBBB250919P00047000 | 243 | 47.0 | 0.2 - 0.55 | 0.35 | Out |
Put | JBBB250919P00046000 | 23 | 46.0 | 0.1 - 0.35 | 0.37 | Out |
Put | JBBB250919P00045000 | 237 | 45.0 | 0.05 - 0.25 | 0.05 | Out |
Put | JBBB250919P00044000 | 60 | 44.0 | 0.0 - 3.9 | 0.11 | Out |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Janus Detroit Street. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Janus Detroit Street is measured differently than its book value, which is the value of Janus that is recorded on the company's balance sheet. Investors also form their own opinion of Janus Detroit's value that differs from its market value or its book value, called intrinsic value, which is Janus Detroit'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 Janus Detroit's market value can be influenced by many factors that don't directly affect Janus Detroit'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 Janus Detroit's value and its price as these two are different measures arrived at by different means. Investors typically determine if Janus Detroit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Janus Detroit'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.