ALGN251017P00160000 Option on Align Technology

ALGN Stock  USD 126.19  1.31  1.05%   
ALGN251017P00160000 is a PUT option contract on Align Technology's common stock with a strick price of 160.0 expiring on 2025-10-17. The contract was not traded in recent days and, as of today, has 20 days remaining before the expiration. The option is currently trading at a bid price of $32.5, and an ask price of $36.1. The implied volatility as of the 27th of September is 20.0.
A put option written on Align Technology becomes more valuable as the price of Align Technology drops. Conversely, Align Technology's put option loses its value as Align Stock rises.

Rule 16 of 2025-10-17 Option Contract

The options market is anticipating that Align Technology will have an average daily up or down price movement of about 0.0428% per day over the life of the option. With Align Technology trading at USD 126.19, that is roughly USD 0.054. If you think that the market is fully understating Align Technology's daily price movement you should consider buying Align Technology options at that current volatility level of 0.69%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Put Option on Align Technology

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 Align Technology 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 Align Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Put Contract NameALGN251017P00160000
Expires On2025-10-17
Days Before Expriration20
Vega0.042178
Gamma0.028845
Theoretical Value34.3
Open Interest65
Current Trading Volume60.0
Strike Price160.0
Last Traded At33.7
Current Price Spread32.5 | 36.1
Rule 16 Daily Up or DownUSD 0.054

Align short PUT Option Greeks

Align Technology's Option Greeks for the contract ending on 2025-10-17 at a strike price of 160.0 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 Align Technology's option greeks, its implied volatility helps estimate the risk of Align Technology stock implied by the prices of the options on Align Technology's stock.
Delta-0.923357
Gamma0.028845
Theta-0.063241
Vega0.042178
Rho-0.04332

Align long PUT Option Payoff at expiration

Put options written on Align Technology grant holders of the option the right to sell a specified amount of Align Technology 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 Align Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Align Technology is like buying insurance aginst Align Technology's downside shift.
   Profit   
       Align Technology Price At Expiration  

Align short PUT Option Payoff at expiration

By selling Align Technology's put option, the investors signal their bearish sentiment. A short position in a put option written on Align Technology will generally make money when the underlying price is above the strike price. Therefore Align Technology's put payoff at expiration depends on where the Align Stock price is relative to the put option strike price. The breakeven price of 125.7 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 Align Technology's price. Finally, at the strike price of 160.0, the payoff chart is constant and positive.
   Profit   
       Align Technology Price At Expiration  
View All Align Technology Options

Align Technology Available Put Options

Align Technology's option chain is a display of a range of information that helps investors for ways to trade options on Align. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Align. It also shows strike prices and maturity days for a Align Technology 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
ALGN251121P001900000190.059.8 - 67.459.8In
 Put
ALGN251121P001850000185.054.6 - 62.954.6In
 Put
ALGN251121P001800000180.049.7 - 57.549.7In
 Put
ALGN251121P001750000175.044.9 - 52.644.9In
 Put
ALGN251121P001700000170.040.5 - 47.840.5In
 Put
ALGN251121P001650000165.038.4 - 40.238.4In
 Put
ALGN251121P001600000160.034.3 - 37.734.3In
 Put
ALGN251121P001550000155.029.7 - 30.929.7In
 Put
ALGN251121P001500000150.025.3 - 29.525.3In
 Put
ALGN251121P001450002145.019.9 - 25.519.1In
 Put
ALGN251121P0014000010140.017.8 - 19.019.0In
 Put
ALGN251121P0013500018135.015.2 - 15.716.64In
 Put
ALGN251121P0013000075130.012.5 - 12.712.51In
 Put
ALGN251121P0012500029125.09.9 - 10.110.0Out
 Put
ALGN251121P00120000139120.07.7 - 7.97.8Out
 Put
ALGN251121P00115000191115.05.7 - 6.05.86Out
 Put
ALGN251121P0011000023110.04.2 - 4.44.19Out
 Put
ALGN251121P0010500027105.02.95 - 3.23.5Out
 Put
ALGN251121P0010000029100.00.0 - 2.32.45Out
 Put
ALGN251121P00095000395.01.4 - 2.01.5Out

Align Technology Corporate Executives

Elected by the shareholders, the Align Technology's board of directors comprises two types of representatives: Align Technology inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Align. The board's role is to monitor Align Technology's management team and ensure that shareholders' interests are well served. Align Technology's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Align Technology's outside directors are responsible for providing unbiased perspectives on the board's policies.
When determining whether Align Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Align Technology'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 Align Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Align Technology Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Align Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
To learn how to invest in Align Stock, please use our How to Invest in Align Technology guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Health Care Equipment & Supplies 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 Align Technology. If investors know Align 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 Align Technology 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
0.342
Earnings Share
5.92
Revenue Per Share
53.711
Quarterly Revenue Growth
(0.02)
Return On Assets
0.065
The market value of Align Technology is measured differently than its book value, which is the value of Align that is recorded on the company's balance sheet. Investors also form their own opinion of Align Technology's value that differs from its market value or its book value, called intrinsic value, which is Align Technology'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 Align Technology's market value can be influenced by many factors that don't directly affect Align Technology'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 Align Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Align Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Align Technology'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.