SJM251017P00080000 Option on JM Smucker
SJM Stock | USD 106.16 2.74 2.52% |
SJM251017P00080000 is a PUT option contract on JM Smucker's common stock with a strick price of 80.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 89 days remaining before the expiration. The option is currently trading at a bid price of $0.3, and an ask price of $0.95. The implied volatility as of the 20th of July is 89.0.
When exercised, put options on JM Smucker produce a short position in SJM Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on JM Smucker's downside price movement.
Rule 16 of 2025-10-17 Option Contract
The options market is anticipating that JM Smucker will have an average daily up or down price movement of about 0.025% per day over the life of the option. With JM Smucker trading at USD 106.16, that is roughly USD 0.0266. If you think that the market is fully understating JM Smucker's daily price movement you should consider buying JM Smucker options at that current volatility level of 0.4%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on JM Smucker
An 'Out of The Money' option on SJM has a strike price that SJM Stock 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 JM Smucker's 'Out of The Money' options include buying the options if you expect a big move in JM Smucker'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 | SJM251017P00080000 |
Expires On | 2025-10-17 |
Days Before Expriration | 89 |
Vega | 0.065014 |
Gamma | 0.005842 |
Theoretical Value | 0.63 |
Open Interest | 347 |
Strike Price | 80.0 |
Last Traded At | 0.4 |
Current Price Spread | 0.3 | 0.95 |
Rule 16 Daily Up or Down | USD 0.0266 |
SJM short PUT Option Greeks
JM Smucker's Option Greeks for the contract ending on 2025-10-17 at a strike price of 80.0 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 JM Smucker's option greeks, its implied volatility helps estimate the risk of JM Smucker stock implied by the prices of the options on JM Smucker's stock.
Delta | -0.062875 | |
Gamma | 0.005842 | |
Theta | -0.014329 | |
Vega | 0.065014 | |
Rho | -0.016696 |
SJM long PUT Option Payoff at expiration
Put options written on JM Smucker grant holders of the option the right to sell a specified amount of JM Smucker 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 SJM Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on JM Smucker is like buying insurance aginst JM Smucker's downside shift.
Profit |
JM Smucker Price At Expiration |
SJM short PUT Option Payoff at expiration
By selling JM Smucker's put option, the investors signal their bearish sentiment. A short position in a put option written on JM Smucker will generally make money when the underlying price is above the strike price. Therefore JM Smucker's put payoff at expiration depends on where the SJM Stock price is relative to the put option strike price. The breakeven price of 79.37 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 JM Smucker's price. Finally, at the strike price of 80.0, the payoff chart is constant and positive.
Profit |
JM Smucker Price At Expiration |
JM Smucker Available Put Options
JM Smucker's option chain is a display of a range of information that helps investors for ways to trade options on SJM. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for SJM. It also shows strike prices and maturity days for a JM Smucker 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 | SJM251017P00055000 | 6 | 55.0 | 0.0 - 0.3 | 0.1 | Out |
Put | SJM251017P00060000 | 26 | 60.0 | 0.0 - 0.25 | 0.13 | Out |
Put | SJM251017P00065000 | 38 | 65.0 | 0.0 - 0.35 | 0.35 | Out |
Put | SJM251017P00070000 | 39 | 70.0 | 0.15 - 0.4 | 0.21 | Out |
Put | SJM251017P00075000 | 169 | 75.0 | 0.15 - 0.7 | 0.5 | Out |
Put | SJM251017P00080000 | 347 | 80.0 | 0.3 - 0.95 | 0.4 | Out |
Put | SJM251017P00085000 | 445 | 85.0 | 0.4 - 0.75 | 0.42 | Out |
Put | SJM251017P00090000 | 329 | 90.0 | 0.65 - 1.0 | 0.7 | Out |
Put | SJM251017P00095000 | 745 | 95.0 | 1.15 - 1.4 | 1.32 | Out |
Put | SJM251017P00100000 | 363 | 100.0 | 2.3 - 2.5 | 1.95 | Out |
Put | SJM251017P00105000 | 518 | 105.0 | 4.1 - 4.4 | 4.3 | Out |
Put | SJM251017P00110000 | 76 | 110.0 | 6.7 - 7.4 | 7.0 | In |
Put | SJM251017P00115000 | 147 | 115.0 | 10.0 - 11.4 | 12.36 | In |
Put | SJM251017P00120000 | 29 | 120.0 | 13.7 - 16.3 | 20.5 | In |
Put | SJM251017P00125000 | 6 | 125.0 | 17.7 - 20.7 | 29.5 | In |
Put | SJM251017P00130000 | 0 | 130.0 | 22.7 - 25.5 | 22.7 | In |
Put | SJM251017P00135000 | 0 | 135.0 | 27.6 - 31.5 | 27.6 | In |
Put | SJM251017P00140000 | 0 | 140.0 | 32.6 - 36.5 | 32.6 | In |
Put | SJM251017P00145000 | 0 | 145.0 | 37.4 - 41.3 | 37.4 | In |
Put | SJM251017P00150000 | 0 | 150.0 | 42.4 - 46.5 | 42.4 | In |
Put | SJM251017P00155000 | 0 | 155.0 | 47.3 - 51.5 | 47.3 | In |
Put | SJM251017P00160000 | 0 | 160.0 | 52.3 - 56.4 | 52.3 | In |
Put | SJM251017P00165000 | 0 | 165.0 | 57.5 - 61.4 | 57.5 | In |
JM Smucker Corporate Directors
Nancy Russell | Independent Director | Profile | |
Alex Shumate | Lead Independent Director | Profile | |
Gary Oatey | Independent Director | Profile | |
Kirk Perry | Independent Director | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in JM Smucker. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in inflation. To learn how to invest in SJM Stock, please use our How to Invest in JM Smucker guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Packaged Foods & Meats 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 JM Smucker. If investors know SJM 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 JM Smucker 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 (0.03) | Dividend Share 4.32 | Earnings Share (11.57) | Revenue Per Share | Quarterly Revenue Growth (0.03) |
The market value of JM Smucker is measured differently than its book value, which is the value of SJM that is recorded on the company's balance sheet. Investors also form their own opinion of JM Smucker's value that differs from its market value or its book value, called intrinsic value, which is JM Smucker'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 JM Smucker's market value can be influenced by many factors that don't directly affect JM Smucker'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 JM Smucker's value and its price as these two are different measures arrived at by different means. Investors typically determine if JM Smucker is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JM Smucker'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.