Alan Hutton believes Jota will wait until the conclusion of the season before committing to a long-term commitment at Parkhead.
Speaking to the media, the former Rangers defender claimed that the 22-year-old would want to leave his possibilities open in case of interest from abroad.
According to BBC Sport, Jota stated that he is not concerned about his future after joining Celtic on loan from Benfica this summer.
According to Sky Sports, the Bhoys have the option of making his interim stay permanent for slightly over £6 million.
Hutton speculated that Celtic would wish to activate the purchase clause in January.
He did, however, predict that Jota would wait until the conclusion of the season to sign anything.
“What’s the fee, £6-6.5million, if they want to make it permanent?
“It’s a number Celtic can afford and I think they’d want to tie him down if they can.
“Will he want to wait until the end of the season and keep his options open? I would have thought so. He’ll want all the cards.
“He’ll want them all and then make a decision. So I think that’s probably what will happen.
“If he can continue this form up until the end of the season, obviously Celtic will be desperate to keep him.
“Then he will obviously have options, so it will be up to the player then.”
Jota has had a strong start to his Celtic career, scoring six goals and assisting six more in 15 games.
He has appeared 34 times for parent club Benfica, with his most recent appearance coming in August 2020.