EVGO241220P00010000 Option on Evgo Inc
| EVGO Stock | USD 6.58 0.03 0.45% |
Evgo's latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 0.86 with a put-to-call open interest ratio of 0.25 over 27 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2024-12-20. The total put volume is at 276, with calls trading at the volume of 276. This yields a 0.16 put-to-call volume ratio.
Open Interest Against 2024-12-20 Option Contracts
2024-12-20
The chart above shows Evgo'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. Evgo's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Evgo's option, there is no secondary market available for investors to trade.
In The Money vs. Out of Money Option Contracts on Evgo
Analyzing Evgo's in-the-money options over time can help investors to take a profitable long position in Evgo regardless of its overall volatility. This is especially true when Evgo's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Evgo's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Evgo'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 Evgo Inc. 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 Evgo lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Evgo'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 Evgo 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 Evgo Stock moves the wrong way.
Evgo Inc In The Money Call Balance
When Evgo's strike price is surpassing the current stock price, the option contract against Evgo Inc stock is said to be in the money. When it comes to buying Evgo'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 Evgo Inc 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.
Evgo Current Options Market Mood
Evgo'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 Evgo 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 Evgo's options investors are not very successful. Evgo'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 Evgo contract
Base on the Rule 16, the options market is currently suggesting that Evgo Inc will have an average daily up or down price movement of about 0.0538% per day over the life of the 2024-12-20 option contract. With Evgo trading at USD 6.58, that is roughly USD 0.003537. If you think that the market is fully incorporating Evgo's daily price movement you should consider buying Evgo Inc options at the current volatility level of 0.86%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Evgo |
Purchasing Evgo 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" Evgo calls. Remember, the seller must deliver Evgo Inc stock to the call owner when a call is exercised.
Evgo Option Chain
When Evgo's strike price is surpassing the current stock price, the option contract against Evgo Inc 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.
Evgo's option chain is a display of a range of information that helps investors for ways to trade options on Evgo. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Evgo. It also shows strike prices and maturity days for a Evgo 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 | EVGO Option Call 20-12-2024 1 | 0 | 2024-12-20 | 0.0 - 0.0 | 5.8 | In |
Call | EVGO Option Call 20-12-2024 2 | 0 | 2024-12-20 | 0.0 - 0.0 | 3.8 | In |
Call | EVGO Option Call 20-12-2024 3 | 0 | 2024-12-20 | 0.0 - 0.0 | 3.5 | In |
Call | EVGO Option Call 20-12-2024 4 | 0 | 2024-12-20 | 0.0 - 0.0 | 2.8 | In |
Call | EVGO Option Call 20-12-2024 5 | 0 | 2024-12-20 | 0.0 - 0.0 | 1.68 | In |
Call | EVGO Option Call 20-12-2024 6 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.72 | In |
Call | EVGO Option Call 20-12-2024 7 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.25 | |
Call | EVGO Option Call 20-12-2024 8 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.09 | |
Call | EVGO Option Call 20-12-2024 9 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Call | EVGO Option Call 20-12-2024 10 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Call | EVGO Option Call 20-12-2024 11 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Call | EVGO Option Call 20-12-2024 12 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Call | EVGO Option Call 20-12-2024 13 | 38 | 2024-12-20 | 0.0 - 0.75 | 0.2 | Out |
Call | EVGO Option Call 20-12-2024 14 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.1 | |
Call | EVGO Option Call 20-12-2024 15 | 23 | 2024-12-20 | 0.0 - 0.75 | 0.05 | Out |
Call | EVGO Option Call 20-12-2024 17 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.35 | |
Put | EVGO Option Put 20-12-2024 3 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.02 | |
Put | EVGO Option Put 20-12-2024 4 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.1 | |
Put | EVGO Option Put 20-12-2024 5 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.04 | |
Put | EVGO Option Put 20-12-2024 6 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.16 | |
Put | EVGO Option Put 20-12-2024 7 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.45 | In |
Put | EVGO Option Put 20-12-2024 8 | 0 | 2024-12-20 | 0.0 - 0.0 | 1.43 | In |
Put | EVGO Option Put 20-12-2024 9 | 0 | 2024-12-20 | 0.0 - 0.0 | 2.2 | In |
Put | EVGO Option Put 20-12-2024 10 | 14 | 2024-12-20 | 3.6 - 3.9 | 3.4 | In |
Put | EVGO Option Put 20-12-2024 11 | 1 | 2024-12-20 | 4.4 - 4.6 | 3.17 | In |
Put | EVGO Option Put 20-12-2024 12 | 0 | 2024-12-20 | 5.4 - 5.6 | 4.12 | In |
Put | EVGO Option Put 20-12-2024 15 | 0 | 2024-12-20 | 8.3 - 8.8 | 8.9 | In |
Evgo Total Stockholder Equity
Total Stockholder Equity |
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Evgo Corporate Management
| Tanvi Chaturvedi | Chief Officer | Profile | |
| Olga Shevorenkova | Chief Officer | Profile | |
| Keith Hutchison | Chief Officer | Profile | |
| Sara Rafalson | Executive Affairs | Profile | |
| Catherine Zoi | CEO Director | Profile | |
| Pavlos Politopoulos | Senior Experience | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evgo Inc. 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. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Automotive Retail 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 Evgo. If investors know Evgo 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 Evgo 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 (0.90) | Earnings Share (0.42) | Revenue Per Share 2.282 | Quarterly Revenue Growth 0.924 | Return On Assets (0.1) |
The market value of Evgo Inc is measured differently than its book value, which is the value of Evgo that is recorded on the company's balance sheet. Investors also form their own opinion of Evgo's value that differs from its market value or its book value, called intrinsic value, which is Evgo'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 Evgo's market value can be influenced by many factors that don't directly affect Evgo'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 Evgo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evgo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evgo'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.