EXEL Option Call 20-12-2024 21 Option on Exelixis
EXEL Stock | USD 36.46 0.53 1.48% |
EXEL Option Call 20-12-2024 21 is a CALL option contract on Exelixis' common stock with a strick price of 21.0 expiring on 2024-12-20. The contract was last traded on 2024-11-22 at 15:24:23 for $14.8 and, as of today, has 18 days remaining before the expiration. The option is currently trading at a bid price of $14.6, and an ask price of $15.1. The implied volatility as of the 2nd of December is 18.0.
Exelixis |
Call options on Exelixis give the investor right to buy Exelixis Stock at a specified price within a specific period. If Exelixis' price is above the strike price at expiry, the profit is the current Exelixis' stock price, minus the strike price and the premium.
Rule 16 of 2024-12-20 Option Contract
The options market is anticipating that Exelixis will have an average daily up or down price movement of about 0.0782% per day over the life of the option. With Exelixis trading at USD 36.46, that is roughly USD 0.0285. If you think that the market is fully understating Exelixis' daily price movement you should consider buying Exelixis options at that current volatility level of 1.25%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Call Option on Exelixis
An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Exelixis positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Exelixis Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract Name | EXEL Option Call 20-12-2024 21 |
Expires On | 2024-12-20 |
Days Before Expriration | 18 |
Last Traded On | 2024-11-22 15:24:23 |
Open Interest | 40 |
Current Trading Volume | 19.0 |
Strike Price | 21.0 |
Last Traded At | 14.8 |
Current Price Spread | 14.6 | 15.1 |
Rule 16 Daily Up or Down | USD 0.0285 |
Exelixis long CALL Option Payoff at expiration
Buying Exelixis' call option is the simplest of option trades. A call option on Exelixis Stock gives investors the right (but not the obligation) to purchase Exelixis at the given strike price. Therefore Exelixis' call intrinsic value or payoff at expiration depends on where the Exelixis Stock price is relative to the call option strike price. The strike price of 21.0 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 Exelixis' price. Finally, at the break-even point of 21.0, the line crosses zero, and trading Exelixis becomes profitable.
Profit |
Exelixis Price At Expiration |
Exelixis short CALL Option Payoff at expiration
By selling Exelixis' call option, the investors signals his or her bearish sentiment. A short position in a call option written on Exelixis will generally make money when the underlying price goes down. Therefore Exelixis' call intrinsic value or payoff at expiration depends on where the Exelixis Stock price is relative to the call option strike price. The strike price of 21.0 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 Exelixis' price. Finally, at the break-even point of 21.0, the line crosses zero, and trading Exelixis becomes disadvantageous with no downside limits.
Profit |
Exelixis Price At Expiration |
Exelixis Available Call Options
Exelixis' option chain is a display of a range of information that helps investors for ways to trade options on Exelixis. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Exelixis. It also shows strike prices and maturity days for a Exelixis 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.
Exelixis Corporate Management
Amy MD | Product VP | Profile | |
Laura Dillard | Executive Resources | Profile | |
Tony Redmond | Senior Resources | Profile | |
Gregg Bernier | VP Marketing | Profile | |
William MD | Senior Affairs | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Exelixis. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more information on how to buy Exelixis Stock please use our How to buy in Exelixis Stock guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Biotechnology 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 Exelixis. If investors know Exelixis 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 Exelixis 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 121.699 | Earnings Share 1.55 | Revenue Per Share 7.032 | Quarterly Revenue Growth 0.143 | Return On Assets 0.1281 |
The market value of Exelixis is measured differently than its book value, which is the value of Exelixis that is recorded on the company's balance sheet. Investors also form their own opinion of Exelixis' value that differs from its market value or its book value, called intrinsic value, which is Exelixis' 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 Exelixis' market value can be influenced by many factors that don't directly affect Exelixis' 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 Exelixis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Exelixis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Exelixis' 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.