JSML250919C00061000 Option on Janus Henderson Small
JSML Etf | USD 68.60 1.15 1.70% |
JSML250919C00061000 is a PUT option contract on Janus Henderson's common stock with a strick price of 61.0 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 58 days remaining before the expiration. The option is currently trading at a bid price of $5.5, and an ask price of $7.6. The implied volatility as of the 23rd of July is 58.0.
When exercised, put options on Janus Henderson produce a short position in Janus Etf. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Janus Henderson's downside price movement.
Rule 16 of 2025-09-19 Option Contract
The options market is anticipating that Janus Henderson Small will have an average daily up or down price movement of about 0.0153% per day over the life of the option. With Janus Henderson trading at USD 68.6, that is roughly USD 0.0105. If you think that the market is fully understating Janus Henderson's daily price movement you should consider buying Janus Henderson Small options at that current volatility level of 0.24%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Call Option on Janus Henderson
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 Janus Henderson 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 Janus Etf have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract Name | JSML250919C00061000 |
Expires On | 2025-09-19 |
Days Before Expriration | 58 |
Delta | 0.785302 |
Vega | 0.094483 |
Gamma | 0.036949 |
Theoretical Value | 6.55 |
Open Interest | 2 |
Strike Price | 61.0 |
Current Price Spread | 5.5 | 7.6 |
Rule 16 Daily Up or Down | USD 0.0105 |
Janus short PUT Option Greeks
Janus Henderson's Option Greeks for the contract ending on 2025-09-19 at a strike price of 61.0 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 Henderson's option greeks, its implied volatility helps estimate the risk of Janus Henderson stock implied by the prices of the options on Janus Henderson's stock.
Delta | 0.785302 | |
Gamma | 0.036949 | |
Theta | -0.01831 | |
Vega | 0.094483 | |
Rho | 0.109001 |
Janus long PUT Option Payoff at expiration
Put options written on Janus Henderson grant holders of the option the right to sell a specified amount of Janus Henderson 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 Henderson is like buying insurance aginst Janus Henderson's downside shift.
Profit |
Janus Henderson Price At Expiration |
Janus short PUT Option Payoff at expiration
By selling Janus Henderson's put option, the investors signal their bearish sentiment. A short position in a put option written on Janus Henderson will generally make money when the underlying price is above the strike price. Therefore Janus Henderson's put payoff at expiration depends on where the Janus Etf price is relative to the put option strike price. The breakeven price of 67.55 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 Henderson's price. Finally, at the strike price of 61.0, the payoff chart is constant and positive.
Profit |
Janus Henderson Price At Expiration |
Janus Henderson Small Available Call Options
Janus Henderson'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 Henderson 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 | |||
Call | JSML250919C00075000 | 8 | 75.0 | 0.0 - 1.15 | 1.15 | Out |
Call | JSML250919C00074000 | 0 | 74.0 | 0.0 - 1.25 | 1.25 | |
Call | JSML250919C00073000 | 0 | 73.0 | 0.0 - 1.45 | 1.45 | |
Call | JSML250919C00072000 | 1 | 72.0 | 0.0 - 1.8 | 1.8 | Out |
Call | JSML250919C00071000 | 0 | 71.0 | 0.0 - 2.05 | 2.05 | |
Call | JSML250919C00070000 | 0 | 70.0 | 0.2 - 2.05 | 1.0 | |
Call | JSML250919C00069000 | 7 | 69.0 | 1.1 - 2.3 | 1.1 | Out |
Call | JSML250919C00068000 | 0 | 68.0 | 0.8 - 3.4 | 0.8 | |
Call | JSML250919C00067000 | 1 | 67.0 | 1.35 - 3.8 | 1.35 | Out |
Call | JSML250919C00066000 | 3 | 66.0 | 2.3 - 3.9 | 2.3 | In |
Call | JSML250919C00062000 | 3 | 62.0 | 4.8 - 6.8 | 4.8 | In |
Call | JSML250919C00061000 | 2 | 61.0 | 5.5 - 7.6 | 5.5 | In |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Janus Henderson Small. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
The market value of Janus Henderson Small 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 Henderson's value that differs from its market value or its book value, called intrinsic value, which is Janus Henderson'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 Henderson's market value can be influenced by many factors that don't directly affect Janus Henderson'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 Henderson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Janus Henderson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Janus Henderson'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.