DX250321P00012500 Option on Dynex Capital
| DX Stock | USD 12.72 0.03 0.24% |
Dynex Capital's latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 1.51 with a put-to-call open interest ratio of 0.25 over 11 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 0.1 put-to-call volume ratio.
Open Interest Against 2024-12-20 Option Contracts
Dynex Capital 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 Dynex Capital's lending market. For example, when Dynex Capital'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 Dynex Capital, he or she must hedge the risk by shorting Dynex Capital stock over its option's life.
2024-12-20
The chart above shows Dynex Capital'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. Dynex Capital's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Dynex Capital's option, there is no secondary market available for investors to trade.
In The Money vs. Out of Money Option Contracts on Dynex Capital
Analyzing Dynex Capital's in-the-money options over time can help investors to take a profitable long position in Dynex Capital regardless of its overall volatility. This is especially true when Dynex Capital's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Dynex Capital's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Dynex Capital's stock while costing only a fraction of its price.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dynex Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
Dynex Capital In The Money Call Balance
When Dynex Capital's strike price is surpassing the current stock price, the option contract against Dynex Capital stock is said to be in the money. When it comes to buying Dynex Capital'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 Dynex Capital 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.
Dynex Current Options Market Mood
Dynex Capital'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 Dynex 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 Dynex Capital's options investors are not very successful. Dynex Capital'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 Dynex contract
Base on the Rule 16, the options market is currently suggesting that Dynex Capital will have an average daily up or down price movement of about 0.0944% per day over the life of the 2024-12-20 option contract. With Dynex Capital trading at USD 12.72, that is roughly USD 0.012. If you think that the market is fully incorporating Dynex Capital's daily price movement you should consider buying Dynex Capital options at the current volatility level of 1.51%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Dynex |
Purchasing Dynex Capital 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" Dynex calls. Remember, the seller must deliver Dynex Capital stock to the call owner when a call is exercised.
Dynex Capital Option Chain
When Dynex Capital's strike price is surpassing the current stock price, the option contract against Dynex Capital 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.
Dynex Capital's option chain is a display of a range of information that helps investors for ways to trade options on Dynex. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Dynex. It also shows strike prices and maturity days for a Dynex Capital 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 | DX Option Call 20-12-2024 2 | 1 | 2024-12-20 | 10.0 - 10.4 | 9.7 | In |
Call | DX Option Call 20-12-2024 5 | 0 | 2024-12-20 | 6.9 - 7.6 | 6.82 | In |
Call | DX Option Call 20-12-2024 7 | 0 | 2024-12-20 | 4.3 - 5.6 | 4.32 | In |
Call | DX Option Call 20-12-2024 10 | 121 | 2024-12-20 | 2.7 - 2.9 | 2.85 | In |
Call | DX Option Call 20-12-2024 12 | 3033 | 2024-12-20 | 0.3 - 0.35 | 0.4 | In |
Call | DX Option Call 20-12-2024 15 | 587 | 2024-12-20 | 0.0 - 0.05 | 0.04 | Out |
Call | DX Option Call 20-12-2024 25 | 1 | 2024-12-20 | 0.0 - 0.15 | 0.1 | Out |
Put | DX Option Put 20-12-2024 10 | 105 | 2024-12-20 | 0.0 - 0.1 | 0.05 | Out |
Put | DX Option Put 20-12-2024 12 | 848 | 2024-12-20 | 0.05 - 0.1 | 0.1 | Out |
Put | DX Option Put 20-12-2024 15 | 1 | 2024-12-20 | 2.1 - 2.6 | 2.3 | In |
Put | DX Option Put 20-12-2024 17 | 0 | 2024-12-20 | 4.6 - 5.1 | 5.28 | In |
Dynex Capital Market Cap Over Time
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| Timeline |
Dynex Total Stockholder Equity
Total Stockholder Equity |
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Dynex Capital Corporate Directors
| David Stevens | Independent Director | Profile | |
| Valerie Mosley | Independent Director | Profile | |
| Robert Salcetti | Independent Director | Profile | |
| Barry Igdaloff | Independent Director | Profile |
Additional Tools for Dynex Stock Analysis
When running Dynex Capital's price analysis, check to measure Dynex Capital'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 Dynex Capital is operating at the current time. Most of Dynex Capital's value examination focuses on studying past and present price action to predict the probability of Dynex Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dynex Capital's price. Additionally, you may evaluate how the addition of Dynex Capital to your portfolios can decrease your overall portfolio volatility.