AFG241220P00116000 Option on American Financial
| AFG Stock | USD 139.24 2.76 1.94% |
American Financial's latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 0.54 with a put-to-call open interest ratio of 0.11 over 38 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2024-12-20. The total put volume is at 11.0, with calls trading at the volume of 11.0. This yields a 0.23 put-to-call volume ratio.
Open Interest Against 2024-12-20 Option Contracts
2024-12-20
The chart above shows American Financial's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. American Financial's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for American Financial's option, there is no secondary market available for investors to trade.
American Financial Maximum Pain Price across 2024-12-20 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 American Financial 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, American Financial's option sellers may reap the most after selling more options than buying, causing them to expire worthless.
In The Money vs. Out of Money Option Contracts on American Financial
Analyzing American Financial's in-the-money options over time can help investors to take a profitable long position in American Financial regardless of its overall volatility. This is especially true when American Financial's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money American Financial's options could be used as guardians of the underlying stock as they move almost dollar for dollar with American Financial's stock while costing only a fraction of its price.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
American Financial In The Money Call Balance
When American Financial's strike price is surpassing the current stock price, the option contract against American Financial Group stock is said to be in the money. When it comes to buying American Financial's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on American Financial Group are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.
American Current Options Market Mood
American Financial'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 American 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 Open Interest
Put-to-Call Volume
Unfortunately, most American Financial's options investors are not very successful. American Financial'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 American contract
Base on the Rule 16, the options market is currently suggesting that American Financial Group will have an average daily up or down price movement of about 0.0338% per day over the life of the 2024-12-20 option contract. With American Financial trading at USD 139.24, that is roughly USD 0.047. If you think that the market is fully incorporating American Financial's daily price movement you should consider buying American Financial Group options at the current volatility level of 0.54%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
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Purchasing American Financial 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" American calls. Remember, the seller must deliver American Financial Group stock to the call owner when a call is exercised.
American Financial Option Chain
When American Financial's strike price is surpassing the current stock price, the option contract against American Financial Group stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
American Financial's option chain is a display of a range of information that helps investors for ways to trade options on American. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for American. It also shows strike prices and maturity days for a American Financial 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 Int | Expiration | Current Spread | Last Price | |||
Call | AFG Option Call 20-12-2024 66 | 0 | 2024-12-20 | 0.0 - 0.0 | 65.48 | In |
Call | AFG Option Call 20-12-2024 70 | 0 | 2024-12-20 | 66.5 - 71.4 | 65.48 | In |
Call | AFG Option Call 20-12-2024 96 | 10 | 2024-12-20 | 44.6 - 49.5 | 33.5 | In |
Call | AFG Option Call 20-12-2024 100 | 10 | 2024-12-20 | 0.0 - 0.0 | 33.5 | In |
Call | AFG Option Call 20-12-2024 106 | 5 | 2024-12-20 | 34.6 - 39.5 | 26.26 | In |
Call | AFG Option Call 20-12-2024 110 | 5 | 2024-12-20 | 0.0 - 0.0 | 26.26 | In |
Call | AFG Option Call 20-12-2024 111 | 16 | 2024-12-20 | 25.5 - 30.4 | 27.85 | In |
Call | AFG Option Call 20-12-2024 115 | 16 | 2024-12-20 | 0.0 - 0.0 | 27.85 | In |
Call | AFG Option Call 20-12-2024 116 | 35 | 2024-12-20 | 21.6 - 25.0 | 27.24 | In |
Call | AFG Option Call 20-12-2024 120 | 45 | 2024-12-20 | 0.0 - 0.0 | 25.45 | In |
Call | AFG Option Call 20-12-2024 121 | 0 | 2024-12-20 | 0.0 - 0.0 | 13.0 | In |
Call | AFG Option Call 20-12-2024 125 | 6 | 2024-12-20 | 11.5 - 16.0 | 13.0 | In |
Call | AFG Option Call 20-12-2024 126 | 7 | 2024-12-20 | 11.0 - 15.0 | 13.25 | In |
Call | AFG Option Call 20-12-2024 130 | 7 | 2024-12-20 | 0.0 - 0.0 | 13.25 | In |
Call | AFG Option Call 20-12-2024 131 | 53 | 2024-12-20 | 6.6 - 9.9 | 12.2 | In |
Call | AFG Option Call 20-12-2024 135 | 56 | 2024-12-20 | 0.0 - 0.0 | 9.9 | In |
Call | AFG Option Call 20-12-2024 136 | 54 | 2024-12-20 | 2.75 - 6.0 | 3.9 | In |
Call | AFG Option Call 20-12-2024 140 | 58 | 2024-12-20 | 0.0 - 0.0 | 4.72 | Out |
Call | AFG Option Call 20-12-2024 141 | 30 | 2024-12-20 | 0.3 - 4.8 | 1.55 | Out |
Call | AFG Option Call 20-12-2024 145 | 36 | 2024-12-20 | 0.0 - 0.0 | 2.8 | Out |
Call | AFG Option Call 20-12-2024 146 | 10 | 2024-12-20 | 0.0 - 0.7 | 0.8 | Out |
Call | AFG Option Call 20-12-2024 150 | 11 | 2024-12-20 | 0.0 - 0.0 | 1.65 | Out |
Call | AFG Option Call 20-12-2024 151 | 10 | 2024-12-20 | 0.0 - 0.75 | 2.2 | Out |
Call | AFG Option Call 20-12-2024 155 | 2 | 2024-12-20 | 0.0 - 0.0 | 1.52 | Out |
Call | AFG Option Call 20-12-2024 156 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.25 | |
Call | AFG Option Call 20-12-2024 160 | 1 | 2024-12-20 | 0.0 - 0.5 | 0.25 | Out |
Call | AFG Option Call 20-12-2024 176 | 1 | 2024-12-20 | 0.0 - 4.8 | 1.0 | Out |
Put | AFG Option Put 20-12-2024 111 | 0 | 2024-12-20 | 0.0 - 0.0 | 3.6 | |
Put | AFG Option Put 20-12-2024 115 | 1 | 2024-12-20 | 0.05 - 5.0 | 3.6 | Out |
Put | AFG Option Put 20-12-2024 116 | 9 | 2024-12-20 | 0.0 - 1.95 | 0.1 | Out |
Put | AFG Option Put 20-12-2024 120 | 9 | 2024-12-20 | 0.0 - 0.0 | 1.1 | Out |
Put | AFG Option Put 20-12-2024 121 | 12 | 2024-12-20 | 0.0 - 0.0 | 1.12 | Out |
Put | AFG Option Put 20-12-2024 125 | 12 | 2024-12-20 | 0.0 - 0.0 | 1.12 | Out |
Put | AFG Option Put 20-12-2024 126 | 0 | 2024-12-20 | 0.0 - 0.0 | 3.45 | |
Put | AFG Option Put 20-12-2024 130 | 0 | 2024-12-20 | 0.1 - 4.9 | 3.45 | |
Put | AFG Option Put 20-12-2024 131 | 3 | 2024-12-20 | 0.05 - 0.75 | 0.25 | Out |
Put | AFG Option Put 20-12-2024 136 | 3 | 2024-12-20 | 0.45 - 4.8 | 2.55 | Out |
Put | AFG Option Put 20-12-2024 141 | 2 | 2024-12-20 | 0.5 - 4.7 | 3.3 | In |
American Financial Market Cap Over Time
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| Timeline |
American Total Stockholder Equity
Total Stockholder Equity |
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American Financial Corporate Directors
| Kenneth Ambrecht | Independent Director | Profile | |
| James Evans | Director, Executive Consultant | Profile | |
| Gregory Joseph | Lead Independent Director | Profile | |
| Terry Jacobs | Independent Director | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Financial Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Multi-line Insurance 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 American Financial. If investors know American 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 American Financial 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 0.032 | Dividend Share 2.93 | Earnings Share 10.67 | Revenue Per Share 94.463 | Quarterly Revenue Growth 0.108 |
The market value of American Financial is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Financial's value that differs from its market value or its book value, called intrinsic value, which is American Financial'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 American Financial's market value can be influenced by many factors that don't directly affect American Financial'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 American Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Financial'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.