AGO241220P00095000 Option on Assured Guaranty
| AGO Stock | USD 89.10 0.74 0.84% |
Assured Guaranty's latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 0.57 with a put-to-call open interest ratio of 1.4 over 12 outstanding agreements suggesting investors are buying more puts than calls on contracts expiring on 2024-12-20. The total put volume is at 6.0, with calls trading at the volume of 6.0. This yields a 0.26 put-to-call volume ratio.
Open Interest Against 2024-12-20 Option Contracts
2024-12-20
The chart above shows Assured Guaranty'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. Assured Guaranty's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Assured Guaranty's option, there is no secondary market available for investors to trade.
Assured Guaranty Maximum Pain Price across 2024-12-20 Option Contracts
Max pain occurs when Assured Guaranty's market makers reach a net positive position across all Assured Guaranty's options at a strike price where option holders stand to lose the most money. By contrast, Assured Guaranty'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 Assured Guaranty
Analyzing Assured Guaranty's in-the-money options over time can help investors to take a profitable long position in Assured Guaranty regardless of its overall volatility. This is especially true when Assured Guaranty's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Assured Guaranty's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Assured Guaranty'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 Assured Guaranty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Please note that buying 'in-the-money' options on Assured Guaranty lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Assured Guaranty's value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money Assured Guaranty contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if Assured Stock moves the wrong way.
Assured Guaranty In The Money Call Balance
When Assured Guaranty's strike price is surpassing the current stock price, the option contract against Assured Guaranty stock is said to be in the money. When it comes to buying Assured Guaranty'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 Assured Guaranty 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.
Assured Current Options Market Mood
Assured Guaranty'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 Assured 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 Assured Guaranty's options investors are not very successful. Assured Guaranty'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 Assured contract
Base on the Rule 16, the options market is currently suggesting that Assured Guaranty will have an average daily up or down price movement of about 0.0356% per day over the life of the 2024-12-20 option contract. With Assured Guaranty trading at USD 89.1, that is roughly USD 0.0317. If you think that the market is fully incorporating Assured Guaranty's daily price movement you should consider buying Assured Guaranty options at the current volatility level of 0.57%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Assured |
Purchasing Assured Guaranty 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" Assured calls. Remember, the seller must deliver Assured Guaranty stock to the call owner when a call is exercised.
Assured Guaranty Option Chain
When Assured Guaranty's strike price is surpassing the current stock price, the option contract against Assured Guaranty 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.
Assured Guaranty's option chain is a display of a range of information that helps investors for ways to trade options on Assured. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Assured. It also shows strike prices and maturity days for a Assured Guaranty 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 | AGO Option Call 20-12-2024 80 | 2 | 2024-12-20 | 7.4 - 10.4 | 12.8 | In |
Call | AGO Option Call 20-12-2024 85 | 22 | 2024-12-20 | 2.3 - 5.6 | 5.4 | In |
Call | AGO Option Call 20-12-2024 90 | 26 | 2024-12-20 | 0.3 - 1.05 | 4.51 | Out |
Call | AGO Option Call 20-12-2024 95 | 101 | 2024-12-20 | 0.05 - 0.7 | 0.9 | Out |
Call | AGO Option Call 20-12-2024 100 | 400 | 2024-12-20 | 0.0 - 0.75 | 0.1 | Out |
Call | AGO Option Call 20-12-2024 105 | 1 | 2024-12-20 | 0.0 - 0.75 | 0.05 | Out |
Call | AGO Option Call 20-12-2024 110 | 1 | 2024-12-20 | 0.0 - 0.05 | 0.14 | Out |
Put | AGO Option Put 20-12-2024 75 | 3 | 2024-12-20 | 0.0 - 0.75 | 0.42 | Out |
Put | AGO Option Put 20-12-2024 80 | 607 | 2024-12-20 | 0.05 - 0.75 | 0.09 | Out |
Put | AGO Option Put 20-12-2024 85 | 14 | 2024-12-20 | 0.1 - 1.8 | 0.45 | Out |
Put | AGO Option Put 20-12-2024 90 | 137 | 2024-12-20 | 0.75 - 3.2 | 1.2 | In |
Put | AGO Option Put 20-12-2024 95 | 14 | 2024-12-20 | 5.1 - 7.5 | 7.5 | In |
Assured Total Stockholder Equity
Total Stockholder Equity |
|
Assured Guaranty Corporate Directors
| Alan Kreczko | Independent Director | Profile | |
| Thomas Jones | Independent Director | Profile | |
| Bonnie Howard | Independent Director | Profile | |
| Simon Leathes | Independent Director | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Assured Guaranty. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. To learn how to invest in Assured Stock, please use our How to Invest in Assured Guaranty guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Property & Casualty 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 Assured Guaranty. If investors know Assured 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 Assured Guaranty 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 0.219 | Dividend Share 1.21 | Earnings Share 12.75 | Revenue Per Share 15.821 | Quarterly Revenue Growth 0.01 |
The market value of Assured Guaranty is measured differently than its book value, which is the value of Assured that is recorded on the company's balance sheet. Investors also form their own opinion of Assured Guaranty's value that differs from its market value or its book value, called intrinsic value, which is Assured Guaranty'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 Assured Guaranty's market value can be influenced by many factors that don't directly affect Assured Guaranty'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 Assured Guaranty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Assured Guaranty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Assured Guaranty'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.