Altair Engineering Stock Options

ALTR Stock  USD 110.41  0.29  0.26%   
Altair Engineering's latest option contracts expiring on April 17th 2025 are carrying combined implied volatility of 0.36 with a put-to-call open interest ratio of 2.62 over 35 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on April 17th 2025.

Open Interest Against April 17th 2025 Option Contracts

The chart above shows Altair Engineering'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. Altair Engineering's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Altair Engineering's option, there is no secondary market available for investors to trade.

Altair Engineering Maximum Pain Price Across 2025-04-17 Option Contracts

Max pain occurs when Altair Engineering's market makers reach a net positive position across all Altair Engineering's options at a strike price where option holders stand to lose the most money. By contrast, Altair Engineering'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 Altair Engineering

Analyzing Altair Engineering's in-the-money options over time can help investors to take a profitable long position in Altair Engineering regardless of its overall volatility. This is especially true when Altair Engineering's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Altair Engineering's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Altair Engineering's stock while costing only a fraction of its price.

Altair Engineering In The Money Call Balance

When Altair Engineering's strike price is surpassing the current stock price, the option contract against Altair Engineering stock is said to be in the money. When it comes to buying Altair Engineering'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 Altair Engineering 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.

Altair Current Options Market Mood

Altair Engineering'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 Altair 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 Altair Engineering's options investors are not very successful. Altair Engineering'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 Altair contract

Base on the Rule 16, the options market is currently suggesting that Altair Engineering will have an average daily up or down price movement of about 0.0225% per day over the life of the 2025-04-17 option contract. With Altair Engineering trading at USD 110.41, that is roughly USD 0.0248. If you think that the market is fully incorporating Altair Engineering's daily price movement you should consider buying Altair Engineering options at the current volatility level of 0.36%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Altair Engineering 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" Altair calls. Remember, the seller must deliver Altair Engineering stock to the call owner when a call is exercised.

Altair Engineering Option Chain

When Altair Engineering's strike price is surpassing the current stock price, the option contract against Altair Engineering 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.
Altair Engineering's option chain is a display of a range of information that helps investors for ways to trade options on Altair. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Altair. It also shows strike prices and maturity days for a Altair Engineering 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 IntStrike PriceCurrent SpreadLast Price
Call
ALTR250417C00045000245.064.0 - 68.061.5In
Call
ALTR250417C00050000150.059.1 - 63.055.2In
Call
ALTR250417C00065000165.044.3 - 48.040.6In
Call
ALTR250417C00070000170.039.3 - 43.536.9In
Call
ALTR250417C00080000180.029.4 - 33.527.1In
Call
ALTR250417C000900001190.020.4 - 23.517.7In
Call
ALTR250417C00095000295.014.6 - 18.516.2In
Call
ALTR250417C0010000018100.010.6 - 14.011.5In
Call
ALTR250417C0010500054105.05.1 - 9.54.0In
Call
ALTR250417C0011000081110.00.5 - 4.92.69Out
Call
ALTR250417C00115000201115.00.15 - 0.550.25Out
Call
ALTR250417C0012000017120.00.0 - 4.82.7Out
Call
ALTR250417C001250009125.00.0 - 4.80.4Out
Call
ALTR250417C001300006130.00.0 - 4.81.45Out
Call
ALTR250417C001350002135.00.0 - 4.80.9Out
Call
ALTR250417C001400000140.00.0 - 4.84.8Out
Call
ALTR250417C001450000145.00.0 - 4.84.8Out
 Put
ALTR250417P00055000155.00.0 - 4.81.3Out
 Put
ALTR250417P00065000165.00.0 - 4.81.75Out
 Put
ALTR250417P0007000058270.00.0 - 4.82.3Out
 Put
ALTR250417P00075000175.00.0 - 0.150.12Out
 Put
ALTR250417P00080000880.00.0 - 0.20.2Out
 Put
ALTR250417P000850007185.00.05 - 0.350.35Out
 Put
ALTR250417P000900005990.00.05 - 0.450.4Out
 Put
ALTR250417P000950008695.00.0 - 0.60.6Out
 Put
ALTR250417P00100000118100.00.2 - 0.50.5Out
 Put
ALTR250417P00105000131105.00.0 - 0.750.71Out
 Put
ALTR250417P001100008110.00.0 - 2.32.3Out
 Put
ALTR250417P001150001115.02.65 - 7.06.1In
 Put
ALTR250417P001200000120.07.2 - 12.010.26In
 Put
ALTR250417P001250000125.012.2 - 17.012.2In
 Put
ALTR250417P001300000130.017.5 - 22.028.8In
 Put
ALTR250417P001350000135.022.5 - 27.022.5In
 Put
ALTR250417P001400000140.027.5 - 32.027.5In
 Put
ALTR250417P001450000145.032.5 - 37.032.5In

Altair Engineering Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

Altair Total Stockholder Equity

Total Stockholder Equity

858.93 Million

At this time, Altair Engineering's Total Stockholder Equity is relatively stable compared to the past year.

Altair Engineering Corporate Management

Additional Tools for Altair Stock Analysis

When running Altair Engineering's price analysis, check to measure Altair Engineering's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Altair Engineering is operating at the current time. Most of Altair Engineering's value examination focuses on studying past and present price action to predict the probability of Altair Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altair Engineering's price. Additionally, you may evaluate how the addition of Altair Engineering to your portfolios can decrease your overall portfolio volatility.