AJG260116P00230000 Option on Arthur J Gallagher

AJG Stock  USD 249.60  1.39  0.56%   
AJG260116P00230000 is a PUT option contract on Arthur J's common stock with a strick price of 230.0 expiring on 2026-01-16. The contract was not traded in recent days and, as of today, has 52 days remaining before the expiration. The option is currently trading at a bid price of $3.4, and an ask price of $4.4. The implied volatility as of the 25th of November is 52.0.
When exercised, put options on Arthur J produce a short position in Arthur Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Arthur J's downside price movement.

Rule 16 of 2026-01-16 Option Contract

The options market is anticipating that Arthur J Gallagher will have an average daily up or down price movement of about 0.0188% per day over the life of the option. With Arthur J trading at USD 249.6, that is roughly USD 0.0469. If you think that the market is fully understating Arthur J's daily price movement you should consider buying Arthur J Gallagher options at that current volatility level of 0.3%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Arthur J

An 'Out of The Money' option on Arthur has a strike price that Arthur 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 Arthur J's 'Out of The Money' options include buying the options if you expect a big move in Arthur J'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 NameAJG260116P00230000
Expires On2026-01-16
Days Before Expriration52
Vega0.283284
Gamma0.010572
Theoretical Value3.9
Open Interest38
Strike Price230.0
Last Traded At4.0
Current Price Spread3.4 | 4.4
Rule 16 Daily Up or DownUSD 0.0469

Arthur short PUT Option Greeks

Arthur J's Option Greeks for the contract ending on 2026-01-16 at a strike price of 230.0 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 Arthur J's option greeks, its implied volatility helps estimate the risk of Arthur J stock implied by the prices of the options on Arthur J's stock.
Delta-0.224813
Gamma0.010572
Theta-0.075897
Vega0.283284
Rho-0.077423

Arthur long PUT Option Payoff at expiration

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

Arthur short PUT Option Payoff at expiration

By selling Arthur J's put option, the investors signal their bearish sentiment. A short position in a put option written on Arthur J will generally make money when the underlying price is above the strike price. Therefore Arthur J's put payoff at expiration depends on where the Arthur Stock price is relative to the put option strike price. The breakeven price of 226.1 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 Arthur J's price. Finally, at the strike price of 230.0, the payoff chart is constant and positive.
   Profit   
       Arthur J Price At Expiration  
View All Arthur J Options

Arthur J Gallagher Available Put Options

Arthur J's option chain is a display of a range of information that helps investors for ways to trade options on Arthur. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Arthur. It also shows strike prices and maturity days for a Arthur J 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
AJG260116P004700000470.0219.8 - 223.7219.8In
 Put
AJG260116P004600000460.0209.9 - 213.7209.9In
 Put
AJG260116P004500000450.0199.9 - 203.6199.9In
 Put
AJG260116P004400000440.0189.9 - 193.7189.9In
 Put
AJG260116P004300000430.0179.9 - 183.7179.9In
 Put
AJG260116P004200000420.0169.8 - 173.7169.8In
 Put
AJG260116P004100000410.0160.0 - 163.7160.0In
 Put
AJG260116P004000000400.0149.8 - 153.6149.8In
 Put
AJG260116P003900000390.0139.7 - 144.0139.7In
 Put
AJG260116P003800000380.0129.8 - 133.9129.8In
 Put
AJG260116P0031000010310.061.5 - 64.053.25In
 Put
AJG260116P0030000055300.051.8 - 54.139.75In
 Put
AJG260116P0029000024290.042.3 - 44.340.05In
 Put
AJG260116P0028000053280.032.3 - 34.830.4In
 Put
AJG260116P0027000034270.023.8 - 25.825.34In
 Put
AJG260116P0026000088260.016.3 - 18.317.6In
 Put
AJG260116P00250000840250.010.5 - 11.812.5In
 Put
AJG260116P0024000040240.06.3 - 7.47.26Out
 Put
AJG260116P0023000038230.03.4 - 4.44.0Out
 Put
AJG260116P00220000105220.00.95 - 3.42.55Out
 Put
AJG260116P00210000125210.00.2 - 3.20.95Out
 Put
AJG260116P00200000669200.00.0 - 1.50.8Out
 Put
AJG260116P001950001195.00.0 - 2.450.65Out
 Put
AJG260116P001900002190.00.0 - 2.350.55Out
 Put
AJG260116P001750001175.00.0 - 2.00.5Out
 Put
AJG260116P001650007165.00.0 - 0.20.2Out

Arthur J Corporate Directors

William BaxIndependent DirectorProfile
Kay McCurdyIndependent DirectorProfile
Ralph NicolettiIndependent DirectorProfile
Teresa ClarkeIndependent DirectorProfile
When determining whether Arthur J Gallagher is a strong investment it is important to analyze Arthur J'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 Arthur J's future performance. For an informed investment choice regarding Arthur Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Arthur J Gallagher. 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.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Insurance Brokers 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 Arthur J. If investors know Arthur 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 Arthur J 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
(0.25)
Dividend Share
2.55
Earnings Share
6.26
Revenue Per Share
48.596
Quarterly Revenue Growth
0.2
The market value of Arthur J Gallagher is measured differently than its book value, which is the value of Arthur that is recorded on the company's balance sheet. Investors also form their own opinion of Arthur J's value that differs from its market value or its book value, called intrinsic value, which is Arthur J'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 Arthur J's market value can be influenced by many factors that don't directly affect Arthur J'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 Arthur J's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arthur J is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arthur J'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.