2024-05-17 PUT at $75.0 Option on Sysco
| SYY Stock | USD 75.02 0.34 0.45% |
2024-05-17 PUT at $75.0 is a PUT option contract on Sysco's common stock with a strick price of 75.0 expiring on 2024-05-17. The contract was last traded on 2024-05-03 at 15:35:26 for $0.65 and, as of today, has 11 days remaining before the expiration. The option is currently trading at a bid price of $0.55, and an ask price of $0.7. The implied volatility as of the 6th of May is 14.94.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sysco. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Sysco Stock please use our How to Invest in Sysco guide.
Sysco |
A put option written on Sysco becomes more valuable as the price of Sysco drops. Conversely, Sysco's put option loses its value as Sysco Stock rises. When exercised, put options on Sysco produce a short position in Sysco Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Sysco's downside price movement.
Rule 16 of 2024-05-17 Option Contract
The options market is anticipating that Sysco will have an average daily up or down price movement of about 0.93% per day over the life of the option. With Sysco trading at USD 75.02, that is roughly USD 0.7. If you think that the market is fully understating Sysco's daily price movement you should consider buying Sysco options at that current volatility level of 14.94%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on Sysco
An 'Out of The Money' option on Sysco has a strike price that Sysco 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 Sysco's 'Out of The Money' options include buying the options if you expect a big move in Sysco'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 | 2024-05-17 PUT at $75.0 |
| Expires On | 2024-05-17 |
| Days Before Expriration | 11 |
| Last Traded On | 2024-05-03 15:35:26 |
| Contract Period | MONTHLY |
| Open Interest | 1678 |
| Current Trading Volume | 194.0 |
| Strike Price | 75.0 |
| Last Traded At | 0.65 |
| Current Price Spread | 0.55 | 0.7 |
| Rule 16 Daily Up or Down | USD0.7 |
Sysco short PUT Option Greeks
Sysco's Option Greeks for the contract ending on 2024-05-17 at a strike price of 75.0 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 Sysco's option greeks, its implied volatility helps estimate the risk of Sysco stock implied by the prices of the options on Sysco's stock.
| Delta | -0.4161 | |
| Gamma | 0.1845 | |
| Theta | -0.0298 | |
| Vega | 0.0554 | |
| Rho | -0.0098 |
Sysco long PUT Option Payoff at expiration
Put options written on Sysco grant holders of the option the right to sell a specified amount of Sysco 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 Sysco Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Sysco is like buying insurance aginst Sysco's downside shift.
Profit |
| Sysco Price At Expiration |
Sysco short PUT Option Payoff at expiration
By selling Sysco's put option, the investors signal their bearish sentiment. A short position in a put option written on Sysco will generally make money when the underlying price is above the strike price. Therefore Sysco's put payoff at expiration depends on where the Sysco Stock price is relative to the put option strike price. The breakeven price of 74.35 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 Sysco's price. Finally, at the strike price of 75.0, the payoff chart is constant and positive.
Profit |
| Sysco Price At Expiration |
Sysco Available Put Options
Sysco's option chain is a display of a range of information that helps investors for ways to trade options on Sysco. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Sysco. It also shows strike prices and maturity days for a Sysco 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.
| Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Put | 2024-05-17 PUT at $70.0 | -0.0265 | 0.0209 | 237 | 2024-05-17 | 0.0 - 0.2 | 0.03 | Out |
Put | 2024-05-17 PUT at $75.0 | -0.4161 | 0.1845 | 1678 | 2024-05-17 | 0.55 - 0.7 | 0.65 | Out |
Put | 2024-05-17 PUT at $80.0 | -0.9307 | 0.1302 | 33 | 2024-05-17 | 4.4 - 4.7 | 6.59 | In |
Put | 2024-05-17 PUT at $85.0 | -0.9563 | 0.0178 | 0 | 2024-05-17 | 8.4 - 9.7 | 4.8 | In |
Put | 2024-05-17 PUT at $90.0 | -0.966 | 0.0316 | 0 | 2024-05-17 | 13.0 - 14.7 | 0.0 | In |
Put | 2024-05-17 PUT at $95.0 | -0.9325 | 0.0118 | 0 | 2024-05-17 | 18.8 - 21.0 | 0.0 | In |
Put | 2024-05-17 PUT at $100.0 | -0.9399 | 0.0092 | 0 | 2024-05-17 | 23.9 - 24.9 | 0.0 | In |
Put | 2024-05-17 PUT at $105.0 | -0.9913 | 0.0022 | 0 | 2024-05-17 | 27.7 - 31.6 | 0.0 | In |
Put | 2024-05-17 PUT at $110.0 | -0.8724 | 0.0094 | 0 | 2024-05-17 | 33.0 - 35.8 | 0.0 | In |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Sysco without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Sysco Corporate Directors
Sysco corporate directors refer to members of a Sysco board of directors. The board of directors generally takes responsibility for the Sysco's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Sysco's board members must vote for the resolution. The Sysco board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Joshua Frank | Independent Director | Profile | |
| Larry Glasscock | Independent Director | Profile | |
| Nelson Peltz | Independent Director | Profile | |
| John Cassaday | Independent Director | Profile |
Already Invested in Sysco?
The danger of trading Sysco is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Sysco is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Sysco. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Sysco is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Sysco offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sysco'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 Sysco Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sysco Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sysco. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Sysco Stock please use our How to Invest in Sysco guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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When running Sysco's price analysis, check to measure Sysco's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sysco is operating at the current time. Most of Sysco's value examination focuses on studying past and present price action to predict the probability of Sysco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sysco's price. Additionally, you may evaluate how the addition of Sysco to your portfolios can decrease your overall portfolio volatility.
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Is Sysco's industry 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 Sysco. If investors know Sysco 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 Sysco 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 0.012 | Dividend Share 2 | Earnings Share 4.1 | Revenue Per Share 154.822 | Quarterly Revenue Growth 0.027 |
The market value of Sysco is measured differently than its book value, which is the value of Sysco that is recorded on the company's balance sheet. Investors also form their own opinion of Sysco's value that differs from its market value or its book value, called intrinsic value, which is Sysco'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 Sysco's market value can be influenced by many factors that don't directly affect Sysco'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 Sysco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sysco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sysco'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.