ZBRA251121C00220000 Option on Zebra Technologies

ZBRA Stock  USD 314.05  1.36  0.43%   
ZBRA251121C00220000 is a PUT option contract on Zebra Technologies' common stock with a strick price of 220.0 expiring on 2025-11-21. The contract was not traded in recent days and, as of today, has 58 days remaining before the expiration. The option is currently trading at a bid price of $93.6, and an ask price of $101.4. The implied volatility as of the 24th of September is 58.0.
A put option written on Zebra Technologies becomes more valuable as the price of Zebra Technologies drops. Conversely, Zebra Technologies' put option loses its value as Zebra Stock rises.

Rule 16 of 2025-11-21 Option Contract

The options market is anticipating that Zebra Technologies will have an average daily up or down price movement of about 0.0381% per day over the life of the option. With Zebra Technologies trading at USD 314.05, that is roughly USD 0.12. If you think that the market is fully understating Zebra Technologies' daily price movement you should consider buying Zebra Technologies options at that current volatility level of 0.61%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call Option on Zebra Technologies

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 Zebra Technologies 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 Zebra Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract NameZBRA251121C00220000
Expires On2025-11-21
Days Before Expriration58
Delta0.945383
Vega0.139699
Gamma0.001436
Theoretical Value97.5
Open Interest5
Strike Price220.0
Last Traded At82.43
Current Price Spread93.6 | 101.4
Rule 16 Daily Up or DownUSD 0.12

Zebra short PUT Option Greeks

Zebra Technologies' Option Greeks for the contract ending on 2025-11-21 at a strike price of 220.0 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 Zebra Technologies' option greeks, its implied volatility helps estimate the risk of Zebra Technologies stock implied by the prices of the options on Zebra Technologies' stock.
Delta0.945383
Gamma0.001436
Theta-0.095104
Vega0.139699
Rho0.322313

Zebra long PUT Option Payoff at expiration

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

Zebra short PUT Option Payoff at expiration

By selling Zebra Technologies' put option, the investors signal their bearish sentiment. A short position in a put option written on Zebra Technologies will generally make money when the underlying price is above the strike price. Therefore Zebra Technologies' put payoff at expiration depends on where the Zebra Stock price is relative to the put option strike price. The breakeven price of 317.5 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 Zebra Technologies' price. Finally, at the strike price of 220.0, the payoff chart is constant and positive.
   Profit   
       Zebra Technologies Price At Expiration  
View All Zebra Technologies Options

Zebra Technologies Available Call Options

Zebra Technologies' option chain is a display of a range of information that helps investors for ways to trade options on Zebra. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Zebra. It also shows strike prices and maturity days for a Zebra Technologies 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
Call
ZBRA251121C004700001470.00.0 - 4.31.05Out
Call
ZBRA251121C004600001460.00.0 - 4.31.4Out
Call
ZBRA251121C004500003450.00.0 - 4.41.9Out
Call
ZBRA251121C004400004440.00.0 - 4.52.1Out
Call
ZBRA251121C0043000029430.00.0 - 4.61.0Out
Call
ZBRA251121C0042000012420.00.0 - 4.77.0Out
Call
ZBRA251121C0041000012410.00.0 - 4.82.97Out
Call
ZBRA251121C0040000018400.00.15 - 3.42.8Out
Call
ZBRA251121C0039000013390.00.05 - 5.92.13Out
Call
ZBRA251121C0038000024380.00.0 - 3.52.8Out
Call
ZBRA251121C0037000025370.03.2 - 4.05.1Out
Call
ZBRA251121C0036000026360.02.4 - 6.44.1Out
Call
ZBRA251121C0035000048350.05.2 - 9.39.12Out
Call
ZBRA251121C0034000035340.08.2 - 13.112.07Out
Call
ZBRA251121C0033000037330.013.0 - 17.916.18Out
Call
ZBRA251121C0032000037320.017.0 - 22.022.3Out
Call
ZBRA251121C0031000023310.020.4 - 27.428.0In
Call
ZBRA251121C0030000022300.027.2 - 33.633.76In
Call
ZBRA251121C002900009290.032.6 - 41.033.38In
Call
ZBRA251121C0028000019280.040.4 - 48.046.77In
Call
ZBRA251121C0027000015270.048.5 - 56.058.21In
Call
ZBRA251121C0026000017260.057.1 - 65.069.41In
Call
ZBRA251121C0025000039250.065.9 - 73.063.9In
Call
ZBRA251121C0024000012240.075.0 - 82.8101.67In
Call
ZBRA251121C0023000012230.084.2 - 92.084.2In
Call
ZBRA251121C002200005220.093.6 - 101.482.43In
Call
ZBRA251121C002100001210.0103.2 - 111.0115.4In
Call
ZBRA251121C0020000022200.0112.9 - 117.7122.0In
Call
ZBRA251121C001950001195.0117.7 - 125.4117.7In
Call
ZBRA251121C001850002185.0127.2 - 135.2127.2In
Call
ZBRA251121C001800001180.0132.1 - 140.0132.1In
Call
ZBRA251121C001650001165.0147.1 - 154.9147.1In
Call
ZBRA251121C001600001160.0152.0 - 159.8152.0In

Zebra Technologies Corporate Management

CFA CFAVP RelationsProfile
Therese RyneSenior CommunicationsProfile
Matt AusmanChief OfficerProfile
Tamara FroeseChief OfficerProfile
Bill CateVP OperationsProfile
When determining whether Zebra Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Zebra Technologies' 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 Zebra Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Zebra Technologies Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zebra Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For information on how to trade Zebra Stock refer to our How to Trade Zebra Stock guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Electronic Equipment, Instruments & Components 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 Zebra Technologies. If investors know Zebra 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 Zebra Technologies 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
0.009
Earnings Share
10.6
Revenue Per Share
101.071
Quarterly Revenue Growth
0.062
Return On Assets
0.0656
The market value of Zebra Technologies is measured differently than its book value, which is the value of Zebra that is recorded on the company's balance sheet. Investors also form their own opinion of Zebra Technologies' value that differs from its market value or its book value, called intrinsic value, which is Zebra Technologies' 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 Zebra Technologies' market value can be influenced by many factors that don't directly affect Zebra Technologies' 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 Zebra Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Zebra Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zebra Technologies' 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.