The Serb could well stay on at Watford, although recent reports have linked him with both Leeds and Newcastle - among others.
A report from the Daily Mail recently linked Jokanovic with Newcastle and Sunderland, starting a chain of speculation regarding the Watford coach.
All four of the clubs tipped with a move for the Serb have managers in place until the end of the current campaign but no further.
John Carver has far from impressed at Newcastle, while Neil Redfearn's future is uncertain at Leeds. West Ham's Sam Allardyce also faces real doubts over his position, with Dick Advocaat only currently in place at Sunderland on a short-term basis.
As Jokanovic's current employer, though, Watford are clearly in pole position and have a de facto 'first option' on their coach.