GM241206P00064000 Option on General Motors
| GM Stock | USD 53.66 1.38 2.51% |
GM's latest option contracts expiring on 2024-12-06 are carrying combined implied volatility of 0.17 with a put-to-call open interest ratio of 0.64 over 58 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on 2024-12-06. The total put volume is at 5.8 K, with calls trading at the volume of 5.8 K. This yields a 0.41 put-to-call volume ratio.
Open Interest Against 2024-12-06 Option Contracts
2024-12-06
The chart above shows GM'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. GM's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for GM's option, there is no secondary market available for investors to trade.
GM's option chain provides insight into all available option contracts written on GM's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of GM'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 GM option contract.
In The Money vs. Out of Money Option Contracts on GM
Analyzing GM's in-the-money options over time can help investors to take a profitable long position in GM regardless of its overall volatility. This is especially true when GM's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money GM's options could be used as guardians of the underlying stock as they move almost dollar for dollar with GM's stock while costing only a fraction of its price.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in General Motors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Please note that buying 'in-the-money' options on GM lessens the impact of time decay, as they carry both intrinsic and time value. So, even if GM'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 GM 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 GM Stock moves the wrong way.
General Motors In The Money Call Balance
When GM's strike price is surpassing the current stock price, the option contract against General Motors stock is said to be in the money. When it comes to buying GM'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 General Motors 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.
GM Current Options Market Mood
GM'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 GM 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 GM's options investors are not very successful. GM'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 GM contract
Base on the Rule 16, the options market is currently suggesting that General Motors will have an average daily up or down price movement of about 0.0106% per day over the life of the 2024-12-06 option contract. With GM trading at USD 53.66, that is roughly USD 0.005701. If you think that the market is fully incorporating GM's daily price movement you should consider buying General Motors options at the current volatility level of 0.17%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
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Purchasing GM 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" GM calls. Remember, the seller must deliver General Motors stock to the call owner when a call is exercised.
GM Option Chain
When GM's strike price is surpassing the current stock price, the option contract against General Motors 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.
2024-12-062024-12-132024-12-202024-12-272025-01-032025-01-102025-01-172025-02-212025-03-212025-06-202025-09-192026-01-162026-06-182026-12-182027-01-15
GM's option chain is a display of a range of information that helps investors for ways to trade options on GM. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for GM. It also shows strike prices and maturity days for a GM 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 | GM Option Call 06-12-2024 35 | 2 | 2024-12-06 | 0.0 - 0.0 | 20.3 | In |
Call | GM Option Call 06-12-2024 41 | 2 | 2024-12-06 | 0.0 - 0.0 | 14.1 | In |
Call | GM Option Call 06-12-2024 43 | 3 | 2024-12-06 | 0.0 - 0.0 | 10.6 | In |
Call | GM Option Call 06-12-2024 44 | 4 | 2024-12-06 | 0.0 - 0.0 | 10.75 | In |
Call | GM Option Call 06-12-2024 45 | 4 | 2024-12-06 | 0.0 - 0.0 | 9.15 | In |
Call | GM Option Call 06-12-2024 47 | 2 | 2024-12-06 | 0.0 - 0.0 | 8.54 | In |
Call | GM Option Call 06-12-2024 48 | 18 | 2024-12-06 | 0.0 - 0.0 | 6.25 | In |
Call | GM Option Call 06-12-2024 49 | 11 | 2024-12-06 | 0.0 - 0.0 | 6.53 | In |
Call | GM Option Call 06-12-2024 50 | 39 | 2024-12-06 | 0.0 - 0.0 | 3.8 | In |
Call | GM Option Call 06-12-2024 51 | 73 | 2024-12-06 | 0.0 - 0.0 | 3.33 | In |
Call | GM Option Call 06-12-2024 52 | 304 | 2024-12-06 | 0.0 - 0.0 | 1.73 | In |
Call | GM Option Call 06-12-2024 53 | 284 | 2024-12-06 | 0.0 - 0.0 | 1.03 | In |
Call | GM Option Call 06-12-2024 54 | 1695 | 2024-12-06 | 0.0 - 0.0 | 0.52 | Out |
Call | GM Option Call 06-12-2024 55 | 4618 | 2024-12-06 | 0.0 - 0.0 | 0.23 | Out |
Call | GM Option Call 06-12-2024 56 | 3526 | 2024-12-06 | 0.0 - 0.0 | 0.1 | Out |
Call | GM Option Call 06-12-2024 57 | 3971 | 2024-12-06 | 0.0 - 0.0 | 0.05 | Out |
Call | GM Option Call 06-12-2024 58 | 2217 | 2024-12-06 | 0.0 - 0.0 | 0.04 | Out |
Call | GM Option Call 06-12-2024 59 | 427 | 2024-12-06 | 0.0 - 0.0 | 0.01 | Out |
Call | GM Option Call 06-12-2024 60 | 860 | 2024-12-06 | 0.0 - 0.0 | 0.02 | Out |
Call | GM Option Call 06-12-2024 61 | 1098 | 2024-12-06 | 0.0 - 0.0 | 0.01 | Out |
Call | GM Option Call 06-12-2024 62 | 1024 | 2024-12-06 | 0.0 - 0.0 | 0.01 | Out |
Call | GM Option Call 06-12-2024 63 | 242 | 2024-12-06 | 0.0 - 0.0 | 0.01 | Out |
Call | GM Option Call 06-12-2024 64 | 78 | 2024-12-06 | 0.0 - 0.0 | 0.01 | Out |
Call | GM Option Call 06-12-2024 65 | 62 | 2024-12-06 | 0.0 - 0.0 | 0.01 | Out |
Call | GM Option Call 06-12-2024 66 | 341 | 2024-12-06 | 0.0 - 0.0 | 0.01 | Out |
Call | GM Option Call 06-12-2024 67 | 1 | 2024-12-06 | 0.0 - 0.0 | 0.02 | Out |
Call | GM Option Call 06-12-2024 68 | 1 | 2024-12-06 | 0.0 - 0.0 | 0.01 | Out |
Call | GM Option Call 06-12-2024 69 | 551 | 2024-12-06 | 0.0 - 0.0 | 0.04 | Out |
Call | GM Option Call 06-12-2024 70 | 452 | 2024-12-06 | 0.0 - 0.0 | 0.01 | Out |
Put | GM Option Put 06-12-2024 40 | 11 | 2024-12-06 | 0.0 - 0.0 | 0.02 | Out |
Put | GM Option Put 06-12-2024 41 | 2 | 2024-12-06 | 0.0 - 0.0 | 1.07 | Out |
Put | GM Option Put 06-12-2024 42 | 2 | 2024-12-06 | 0.0 - 0.0 | 0.08 | Out |
Put | GM Option Put 06-12-2024 44 | 80 | 2024-12-06 | 0.0 - 0.0 | 0.02 | Out |
Put | GM Option Put 06-12-2024 45 | 84 | 2024-12-06 | 0.0 - 0.0 | 0.01 | Out |
Put | GM Option Put 06-12-2024 46 | 383 | 2024-12-06 | 0.0 - 0.0 | 0.01 | Out |
Put | GM Option Put 06-12-2024 47 | 31 | 2024-12-06 | 0.0 - 0.0 | 0.02 | Out |
Put | GM Option Put 06-12-2024 48 | 130 | 2024-12-06 | 0.0 - 0.0 | 0.01 | Out |
Put | GM Option Put 06-12-2024 49 | 151 | 2024-12-06 | 0.0 - 0.0 | 0.02 | Out |
Put | GM Option Put 06-12-2024 50 | 331 | 2024-12-06 | 0.0 - 0.0 | 0.05 | Out |
Put | GM Option Put 06-12-2024 51 | 460 | 2024-12-06 | 0.0 - 0.0 | 0.07 | Out |
Put | GM Option Put 06-12-2024 52 | 3057 | 2024-12-06 | 0.0 - 0.0 | 0.24 | Out |
Put | GM Option Put 06-12-2024 53 | 4518 | 2024-12-06 | 0.0 - 0.0 | 0.48 | Out |
Put | GM Option Put 06-12-2024 54 | 1392 | 2024-12-06 | 0.0 - 0.0 | 1.04 | In |
Put | GM Option Put 06-12-2024 55 | 1765 | 2024-12-06 | 0.0 - 0.0 | 1.72 | In |
Put | GM Option Put 06-12-2024 56 | 879 | 2024-12-06 | 0.0 - 0.0 | 2.56 | In |
Put | GM Option Put 06-12-2024 57 | 242 | 2024-12-06 | 0.0 - 0.0 | 3.32 | In |
Put | GM Option Put 06-12-2024 58 | 292 | 2024-12-06 | 0.0 - 0.0 | 4.41 | In |
Put | GM Option Put 06-12-2024 59 | 111 | 2024-12-06 | 0.0 - 0.0 | 4.7 | In |
Put | GM Option Put 06-12-2024 60 | 81 | 2024-12-06 | 0.0 - 0.0 | 5.93 | In |
Put | GM Option Put 06-12-2024 61 | 10 | 2024-12-06 | 0.0 - 0.0 | 6.95 | In |
Put | GM Option Put 06-12-2024 62 | 31 | 2024-12-06 | 0.0 - 0.0 | 5.93 | In |
Put | GM Option Put 06-12-2024 63 | 12 | 2024-12-06 | 0.0 - 0.0 | 8.65 | In |
Put | GM Option Put 06-12-2024 64 | 10 | 2024-12-06 | 0.0 - 0.0 | 7.68 | In |
Put | GM Option Put 06-12-2024 66 | 15 | 2024-12-06 | 0.0 - 0.0 | 11.55 | In |
Put | GM Option Put 06-12-2024 67 | 7 | 2024-12-06 | 0.0 - 0.0 | 12.55 | In |
Put | GM Option Put 06-12-2024 68 | 2 | 2024-12-06 | 0.0 - 0.0 | 12.75 | In |
Put | GM Option Put 06-12-2024 69 | 9 | 2024-12-06 | 0.0 - 0.0 | 13.45 | In |
Put | GM Option Put 06-12-2024 70 | 33 | 2024-12-06 | 0.0 - 0.0 | 14.95 | In |
GM Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
| Timeline |
GM Market Cap Over Time
Market Cap |
| Timeline |
GM Total Stockholder Equity
Total Stockholder Equity |
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GM Corporate Directors
| Thomas Schoewe | Independent Director | Profile | |
| Judith Miscik | Independent Director | Profile | |
| Jane Mendillo | Independent Director | Profile | |
| Linda Gooden | Independent Director | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in General Motors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Automobile Manufacturers 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 GM. If investors know GM 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 GM 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 0.218 | Dividend Share 0.45 | Earnings Share 9.37 | Revenue Per Share 155.11 | Quarterly Revenue Growth 0.105 |
The market value of General Motors is measured differently than its book value, which is the value of GM that is recorded on the company's balance sheet. Investors also form their own opinion of GM's value that differs from its market value or its book value, called intrinsic value, which is GM'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 GM's market value can be influenced by many factors that don't directly affect GM'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 GM's value and its price as these two are different measures arrived at by different means. Investors typically determine if GM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GM'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.