Bank of Nova Scotia Stock Options
| BNS Stock | USD 56.77 0.25 0.44% |
Bank of Nova Scotia's latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 0.28 with a put-to-call open interest ratio of 1.01 over 28 outstanding agreements suggesting investors are buying slightly more puts than calls on contracts expiring on 2024-12-20. The total put volume is at 870, with calls trading at the volume of 870. This yields a 0.41 put-to-call volume ratio.
Open Interest Against 2024-12-20 Option Contracts
Bank of Nova Scotia option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Bank of Nova Scotia's lending market. For example, when Bank of Nova Scotia's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Bank of Nova Scotia, he or she must hedge the risk by shorting Bank of Nova Scotia stock over its option's life.
2024-12-20
The chart above shows Bank of Nova Scotia'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. Bank of Nova Scotia's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Bank of Nova Scotia's option, there is no secondary market available for investors to trade.
Bank of Nova Scotia's option chain provides insight into all available option contracts written on Bank of Nova Scotia's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Bank of Nova Scotia'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 Bank option contract.
In The Money vs. Out of Money Option Contracts on Bank of Nova Scotia
Analyzing Bank of Nova Scotia's in-the-money options over time can help investors to take a profitable long position in Bank of Nova Scotia regardless of its overall volatility. This is especially true when Bank of Nova Scotia's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Bank of Nova Scotia's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Bank of Nova Scotia'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 Bank of Nova. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Bank of Nova Scotia In The Money Call Balance
When Bank of Nova Scotia's strike price is surpassing the current stock price, the option contract against Bank of Nova stock is said to be in the money. When it comes to buying Bank of Nova Scotia'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 Bank of Nova 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.
Bank Current Options Market Mood
Bank of Nova Scotia'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 Bank 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 Bank of Nova Scotia's options investors are not very successful. Bank of Nova Scotia'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 Bank contract
Base on the Rule 16, the options market is currently suggesting that Bank of Nova will have an average daily up or down price movement of about 0.0175% per day over the life of the 2024-12-20 option contract. With Bank of Nova Scotia trading at USD 56.77, that is roughly USD 0.009935. If you think that the market is fully incorporating Bank of Nova Scotia's daily price movement you should consider buying Bank of Nova options at the current volatility level of 0.28%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Bank |
Purchasing Bank of Nova Scotia 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" Bank calls. Remember, the seller must deliver Bank of Nova stock to the call owner when a call is exercised.
Bank of Nova Scotia Option Chain
When Bank of Nova Scotia's strike price is surpassing the current stock price, the option contract against Bank of Nova 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.
Bank of Nova Scotia's option chain is a display of a range of information that helps investors for ways to trade options on Bank. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Bank. It also shows strike prices and maturity days for a Bank of Nova Scotia 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 | BNS Option Call 20-12-2024 22 | 10 | 2024-12-20 | 20.0 - 24.5 | 21.74 | In |
Call | BNS Option Call 20-12-2024 35 | 14 | 2024-12-20 | 15.3 - 18.8 | 19.1 | In |
Call | BNS Option Call 20-12-2024 40 | 0 | 2024-12-20 | 10.4 - 13.8 | 14.1 | In |
Call | BNS Option Call 20-12-2024 42 | 0 | 2024-12-20 | 7.6 - 11.4 | 12.4 | In |
Call | BNS Option Call 20-12-2024 45 | 0 | 2024-12-20 | 0.0 - 0.0 | 7.3 | In |
Call | BNS Option Call 20-12-2024 47 | 0 | 2024-12-20 | 0.0 - 0.0 | 9.35 | In |
Call | BNS Option Call 20-12-2024 50 | 1733 | 2024-12-20 | 0.0 - 0.0 | 7.15 | In |
Call | BNS Option Call 20-12-2024 52 | 2153 | 2024-12-20 | 0.0 - 0.0 | 4.7 | In |
Call | BNS Option Call 20-12-2024 55 | 2672 | 2024-12-20 | 0.0 - 0.0 | 2.4 | In |
Call | BNS Option Call 20-12-2024 57 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.75 | |
Call | BNS Option Call 20-12-2024 60 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.2 | |
Call | BNS Option Call 20-12-2024 62 | 32 | 2024-12-20 | 0.0 - 0.0 | 0.03 | Out |
Call | BNS Option Call 20-12-2024 65 | 55 | 2024-12-20 | 0.0 - 0.0 | 0.16 | Out |
Call | BNS Option Call 20-12-2024 70 | 44 | 2024-12-20 | 0.0 - 0.0 | 0.05 | Out |
Put | BNS Option Put 20-12-2024 22 | 15 | 2024-12-20 | 0.0 - 0.1 | 0.05 | Out |
Put | BNS Option Put 20-12-2024 25 | 203 | 2024-12-20 | 0.3 - 0.45 | 0.36 | Out |
Put | BNS Option Put 20-12-2024 30 | 2206 | 2024-12-20 | 0.0 - 0.0 | 0.02 | Out |
Put | BNS Option Put 20-12-2024 35 | 547 | 2024-12-20 | 0.0 - 0.0 | 0.05 | Out |
Put | BNS Option Put 20-12-2024 37 | 10 | 2024-12-20 | 0.0 - 0.3 | 0.25 | Out |
Put | BNS Option Put 20-12-2024 40 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.02 | |
Put | BNS Option Put 20-12-2024 42 | 588 | 2024-12-20 | 0.0 - 0.0 | 0.01 | Out |
Put | BNS Option Put 20-12-2024 45 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Put | BNS Option Put 20-12-2024 47 | 3164 | 2024-12-20 | 0.0 - 0.0 | 0.03 | Out |
Put | BNS Option Put 20-12-2024 50 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.08 | |
Put | BNS Option Put 20-12-2024 52 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.14 | |
Put | BNS Option Put 20-12-2024 55 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.4 | |
Put | BNS Option Put 20-12-2024 57 | 30 | 2024-12-20 | 0.0 - 0.0 | 1.28 | In |
Put | BNS Option Put 20-12-2024 60 | 7 | 2024-12-20 | 0.0 - 0.0 | 3.56 | In |
Bank of Nova Scotia Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
| Timeline |
Bank Total Stockholder Equity
Total Stockholder Equity |
|
Bank of Nova Scotia Corporate Directors
| Susan Segal | Independent Director | Profile | |
| Nora Aufreiter | Independent Director | Profile | |
| Tiff Macklem | Independent Director | Profile | |
| Michael Penner | Independent Director | Profile |
Additional Tools for Bank Stock Analysis
When running Bank of Nova Scotia's price analysis, check to measure Bank of Nova Scotia'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 Bank of Nova Scotia is operating at the current time. Most of Bank of Nova Scotia's value examination focuses on studying past and present price action to predict the probability of Bank of Nova Scotia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of Nova Scotia's price. Additionally, you may evaluate how the addition of Bank of Nova Scotia to your portfolios can decrease your overall portfolio volatility.