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 NameSJM251017P00080000
Expires On2025-10-17
Days Before Expriration89
Vega0.065014
Gamma0.005842
Theoretical Value0.63
Open Interest347
Strike Price80.0
Last Traded At0.4
Current Price Spread0.3 | 0.95
Rule 16 Daily Up or DownUSD 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
Gamma0.005842
Theta-0.014329
Vega0.065014
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  
View All JM Smucker Options

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 IntStrike PriceCurrent SpreadLast Price
 Put
SJM251017P00055000655.00.0 - 0.30.1Out
 Put
SJM251017P000600002660.00.0 - 0.250.13Out
 Put
SJM251017P000650003865.00.0 - 0.350.35Out
 Put
SJM251017P000700003970.00.15 - 0.40.21Out
 Put
SJM251017P0007500016975.00.15 - 0.70.5Out
 Put
SJM251017P0008000034780.00.3 - 0.950.4Out
 Put
SJM251017P0008500044585.00.4 - 0.750.42Out
 Put
SJM251017P0009000032990.00.65 - 1.00.7Out
 Put
SJM251017P0009500074595.01.15 - 1.41.32Out
 Put
SJM251017P00100000363100.02.3 - 2.51.95Out
 Put
SJM251017P00105000518105.04.1 - 4.44.3Out
 Put
SJM251017P0011000076110.06.7 - 7.47.0In
 Put
SJM251017P00115000147115.010.0 - 11.412.36In
 Put
SJM251017P0012000029120.013.7 - 16.320.5In
 Put
SJM251017P001250006125.017.7 - 20.729.5In
 Put
SJM251017P001300000130.022.7 - 25.522.7In
 Put
SJM251017P001350000135.027.6 - 31.527.6In
 Put
SJM251017P001400000140.032.6 - 36.532.6In
 Put
SJM251017P001450000145.037.4 - 41.337.4In
 Put
SJM251017P001500000150.042.4 - 46.542.4In
 Put
SJM251017P001550000155.047.3 - 51.547.3In
 Put
SJM251017P001600000160.052.3 - 56.452.3In
 Put
SJM251017P001650000165.057.5 - 61.457.5In

JM Smucker Corporate Directors

Nancy RussellIndependent DirectorProfile
Alex ShumateLead Independent DirectorProfile
Gary OateyIndependent DirectorProfile
Kirk PerryIndependent DirectorProfile
When determining whether JM Smucker is a strong investment it is important to analyze JM Smucker's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact JM Smucker's future performance. For an informed investment choice regarding SJM Stock, refer to the following important reports:
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
82.012
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.