AA270115P00030000 Option on Alcoa Corp

AA Stock  USD 45.56  0.89  1.92%   
There are currently no option contracts written on Alcoa Corp. The Alcoa Corp option chain provides detailed quote and price information for the current Alcoa Corp option contracts. It shows all of Alcoa Corp's listed puts, calls, expiration dates, strike prices, and other pricing information.

Alcoa Corp Maximum Pain Price across 2024-11-22 Option Contracts

Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as Alcoa Corp close to expiration to expire worthless. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, Alcoa Corp's option sellers may reap the most after selling more options than buying, causing them to expire worthless.
No Max Pain Price
Alcoa Corp's option chain provides insight into all available option contracts written on Alcoa Corp's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Alcoa Corp's stock options below provides a detailed picture of the payoff. Comparing vital and dynamic information of various option contracts across diverse expiration periods will help you make an educated decision on your market timing strategies around investing in a given Alcoa option contract.

In The Money vs. Out of Money Option Contracts on Alcoa Corp

Analyzing Alcoa Corp's in-the-money options over time can help investors to take a profitable long position in Alcoa Corp regardless of its overall volatility. This is especially true when Alcoa Corp's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Alcoa Corp's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Alcoa Corp's stock while costing only a fraction of its price.
Alcoa Corp's stock options are financial instruments that give investors the right to buy or sell shares of Alcoa Corp common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Alcoa stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Alcoa Corp's stock price goes up or down, the stock options follow.
At present, Alcoa Corp's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 4.6 B, whereas Common Stock Total Equity is forecasted to decline to about 1.7 M.

Alcoa Current Options Market Mood

Alcoa Corp's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Alcoa Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Volume

Most options investors, including buyers and sellers of Alcoa Corp's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Alcoa Corp's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.

Rule 16 of the current Alcoa contract

Base on the Rule 16, the options market is currently suggesting that Alcoa Corp will have an average daily up or down price movement of about 0.0% per day over the life of the 2024-11-22 option contract. With Alcoa Corp trading at USD 45.56, that is roughly USD 0.0. If you think that the market is fully incorporating Alcoa Corp's daily price movement you should consider buying Alcoa Corp options at the current volatility level of 0.0%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Alcoa Corp options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Alcoa calls. Remember, the seller must deliver Alcoa Corp stock to the call owner when a call is exercised.

Alcoa Total Stockholder Equity

Total Stockholder Equity

4.56 Billion

At present, Alcoa Corp's Total Stockholder Equity is projected to decrease significantly based on the last few years of reporting.

Alcoa Corp Corporate Directors

Carol RobertsIndependent DirectorProfile
James HughesIndependent DirectorProfile
Kathryn FullerIndependent DirectorProfile
Mary CitrinoIndependent DirectorProfile
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alcoa Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Alcoa Stock refer to our How to Trade Alcoa Stock guide.
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Is Metals & Mining 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 Alcoa Corp. If investors know Alcoa 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 Alcoa Corp 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
0.81
Dividend Share
0.4
Earnings Share
(1.56)
Revenue Per Share
57.238
Quarterly Revenue Growth
0.116
The market value of Alcoa Corp is measured differently than its book value, which is the value of Alcoa that is recorded on the company's balance sheet. Investors also form their own opinion of Alcoa Corp's value that differs from its market value or its book value, called intrinsic value, which is Alcoa Corp'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 Alcoa Corp's market value can be influenced by many factors that don't directly affect Alcoa Corp'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 Alcoa Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alcoa Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alcoa Corp'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.