AP Option Call 20-12-2024 7 Option on Ampco Pittsburgh

AP Stock  USD 2.09  0.05  2.34%   
AP Option Call 20-12-2024 7 is a CALL option contract on Ampco Pittsburgh's common stock with a strick price of 7.5 expiring on 2024-12-20. The contract was last traded on 2024-07-22 at 15:58:30 for $0.05 and, as of today, has 9 days remaining before the expiration. The option is currently trading at an ask price of $0.3. The implied volatility as of the 11th of December 2024 is 9.0.
  
Call options on Ampco Pittsburgh give the investor right to buy Ampco Stock at a specified price within a specific period. If Ampco Pittsburgh's price is above the strike price at expiry, the profit is the current Ampco Pittsburgh's stock price, minus the strike price and the premium.

Rule 16 of 2024-12-20 Option Contract

The options market is anticipating that Ampco Pittsburgh will have an average daily up or down price movement of about 0.36% per day over the life of the option. With Ampco Pittsburgh trading at USD 2.09, that is roughly USD 0.007593. If you think that the market is fully understating Ampco Pittsburgh's daily price movement you should consider buying Ampco Pittsburgh options at that current volatility level of 5.81%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on Ampco Pittsburgh

An 'Out of The Money' option on Ampco has a strike price that Ampco Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for Ampco Pittsburgh's 'Out of The Money' options include buying the options if you expect a big move in Ampco Pittsburgh's stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Call Contract NameAP Option Call 20-12-2024 7
Expires On2024-12-20
Days Before Expriration9
Last Traded On2024-07-22 15:58:30
Open Interest26
Current Trading Volume10.0
Strike Price7.5
Last Traded At0.05
Current Price Spread0.0 | 0.3
Rule 16 Daily Up or DownUSD 0.007593

Ampco long CALL Option Payoff at expiration

Buying Ampco Pittsburgh's call option is the simplest of option trades. A call option on Ampco Stock gives investors the right (but not the obligation) to purchase Ampco Pittsburgh at the given strike price. Therefore Ampco Pittsburgh's call intrinsic value or payoff at expiration depends on where the Ampco Stock price is relative to the call option strike price. The strike price of 7.5 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and negative (the trade is a loss). Above the strike, the payoff line is upward sloping as the option payoff rises in proportion with Ampco Pittsburgh's price. Finally, at the break-even point of 7.5, the line crosses zero, and trading Ampco becomes profitable.
   Profit   
       Ampco Pittsburgh Price At Expiration  

Ampco short CALL Option Payoff at expiration

By selling Ampco Pittsburgh's call option, the investors signals his or her bearish sentiment. A short position in a call option written on Ampco Pittsburgh will generally make money when the underlying price goes down. Therefore Ampco Pittsburgh's call intrinsic value or payoff at expiration depends on where the Ampco Stock price is relative to the call option strike price. The strike price of 7.5 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and positive (the seller makes a profit). Above the strike, the payoff line is downward sloping as the option payoff drops in proportion to Ampco Pittsburgh's price. Finally, at the break-even point of 7.5, the line crosses zero, and trading Ampco becomes disadvantageous with no downside limits.
   Profit   
       Ampco Pittsburgh Price At Expiration  
View All Ampco Pittsburgh Options

Ampco Pittsburgh Available Call Options

Ampco Pittsburgh's option chain is a display of a range of information that helps investors for ways to trade options on Ampco. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Ampco. It also shows strike prices and maturity days for a Ampco Pittsburgh 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 IntExpirationCurrent SpreadLast Price
Call
AP Option Call 20-12-2024 23062024-12-200.0 - 0.050.15Out
Call
AP Option Call 20-12-2024 51092024-12-200.0 - 0.10.1Out
Call
AP Option Call 20-12-2024 7262024-12-200.0 - 0.30.05Out

Ampco Pittsburgh Corporate Directors

Terry DunlapIndependent DirectorProfile
Carl PforzheimerIndependent DirectorProfile
Michael GermanIndependent DirectorProfile
Paul GouldIndependent DirectorProfile

Additional Tools for Ampco Stock Analysis

When running Ampco Pittsburgh's price analysis, check to measure Ampco Pittsburgh'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 Ampco Pittsburgh is operating at the current time. Most of Ampco Pittsburgh's value examination focuses on studying past and present price action to predict the probability of Ampco Pittsburgh's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ampco Pittsburgh's price. Additionally, you may evaluate how the addition of Ampco Pittsburgh to your portfolios can decrease your overall portfolio volatility.