HRI241220P00095000 Option on Herc Holdings
| HRI Stock | USD 217.76 4.31 2.02% |
Herc Holdings' latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 0.6 with a put-to-call open interest ratio of 0.28 over 50 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2024-12-20. The total put volume is at 80.0, with calls trading at the volume of 80.0. This yields a 0.7 put-to-call volume ratio.
Open Interest Against 2024-12-20 Option Contracts
2024-12-20
The chart above shows Herc Holdings' 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. Herc Holdings' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Herc Holdings' option, there is no secondary market available for investors to trade.
Herc Holdings Maximum Pain Price across 2024-12-20 Option Contracts
Herc Holdings' max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Herc Holdings' option chain provides insight into all available option contracts written on Herc Holdings' stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Herc Holdings' 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 Herc option contract.
In The Money vs. Out of Money Option Contracts on Herc Holdings
Analyzing Herc Holdings' in-the-money options over time can help investors to take a profitable long position in Herc Holdings regardless of its overall volatility. This is especially true when Herc Holdings' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Herc Holdings' options could be used as guardians of the underlying stock as they move almost dollar for dollar with Herc Holdings' 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 Herc Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Herc Holdings In The Money Call Balance
When Herc Holdings' strike price is surpassing the current stock price, the option contract against Herc Holdings stock is said to be in the money. When it comes to buying Herc Holdings' 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 Herc Holdings 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.
Herc Current Options Market Mood
Herc Holdings' 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 Herc 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 Herc Holdings' options investors are not very successful. Herc Holdings' 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 Herc contract
Base on the Rule 16, the options market is currently suggesting that Herc Holdings will have an average daily up or down price movement of about 0.0375% per day over the life of the 2024-12-20 option contract. With Herc Holdings trading at USD 217.76, that is roughly USD 0.0817. If you think that the market is fully incorporating Herc Holdings' daily price movement you should consider buying Herc Holdings options at the current volatility level of 0.6%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Herc |
Purchasing Herc Holdings 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" Herc calls. Remember, the seller must deliver Herc Holdings stock to the call owner when a call is exercised.
Herc Holdings Option Chain
When Herc Holdings' strike price is surpassing the current stock price, the option contract against Herc Holdings 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.
Herc Holdings' option chain is a display of a range of information that helps investors for ways to trade options on Herc. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Herc. It also shows strike prices and maturity days for a Herc Holdings 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 | HRI Option Call 20-12-2024 85 | 4 | 2024-12-20 | 48.0 - 52.5 | 43.82 | In |
Call | HRI Option Call 20-12-2024 125 | 1 | 2024-12-20 | 89.0 - 93.8 | 89.5 | In |
Call | HRI Option Call 20-12-2024 130 | 3 | 2024-12-20 | 42.6 - 46.8 | 31.5 | In |
Call | HRI Option Call 20-12-2024 135 | 5 | 2024-12-20 | 10.2 - 12.8 | 12.3 | In |
Call | HRI Option Call 20-12-2024 140 | 7 | 2024-12-20 | 28.6 - 33.0 | 8.8 | In |
Call | HRI Option Call 20-12-2024 145 | 12 | 2024-12-20 | 12.0 - 15.8 | 22.67 | In |
Call | HRI Option Call 20-12-2024 150 | 2 | 2024-12-20 | 0.0 - 0.0 | 7.6 | In |
Call | HRI Option Call 20-12-2024 155 | 20 | 2024-12-20 | 59.9 - 63.5 | 42.75 | In |
Call | HRI Option Call 20-12-2024 160 | 73 | 2024-12-20 | 54.9 - 58.5 | 65.8 | In |
Call | HRI Option Call 20-12-2024 165 | 8 | 2024-12-20 | 50.5 - 53.9 | 80.0 | In |
Call | HRI Option Call 20-12-2024 170 | 81 | 2024-12-20 | 40.9 - 44.1 | 8.0 | In |
Call | HRI Option Call 20-12-2024 175 | 38 | 2024-12-20 | 41.1 - 44.0 | 36.2 | In |
Call | HRI Option Call 20-12-2024 180 | 36 | 2024-12-20 | 36.5 - 39.5 | 55.0 | In |
Call | HRI Option Call 20-12-2024 185 | 18 | 2024-12-20 | 32.0 - 35.0 | 31.34 | In |
Call | HRI Option Call 20-12-2024 190 | 12 | 2024-12-20 | 27.0 - 30.5 | 12.3 | In |
Call | HRI Option Call 20-12-2024 195 | 3 | 2024-12-20 | 22.5 - 26.5 | 40.2 | In |
Call | HRI Option Call 20-12-2024 200 | 3 | 2024-12-20 | 19.0 - 22.0 | 21.8 | In |
Call | HRI Option Call 20-12-2024 210 | 20 | 2024-12-20 | 11.6 - 15.0 | 16.1 | In |
Call | HRI Option Call 20-12-2024 220 | 28 | 2024-12-20 | 6.1 - 9.5 | 7.2 | Out |
Call | HRI Option Call 20-12-2024 230 | 272 | 2024-12-20 | 3.0 - 5.3 | 4.2 | Out |
Call | HRI Option Call 20-12-2024 240 | 27 | 2024-12-20 | 1.5 - 3.5 | 2.0 | Out |
Call | HRI Option Call 20-12-2024 250 | 237 | 2024-12-20 | 0.5 - 1.4 | 1.0 | Out |
Call | HRI Option Call 20-12-2024 260 | 55 | 2024-12-20 | 0.0 - 3.2 | 3.5 | Out |
Call | HRI Option Call 20-12-2024 340 | 5 | 2024-12-20 | 0.0 - 0.95 | 0.35 | Out |
Call | HRI Option Call 20-12-2024 350 | 7 | 2024-12-20 | 0.0 - 0.95 | 0.35 | Out |
Put | HRI Option Put 20-12-2024 270 | 0 | 2024-12-20 | 52.1 - 55.1 | 40.6 | In |
Put | HRI Option Put 20-12-2024 230 | 14 | 2024-12-20 | 15.6 - 19.3 | 8.8 | In |
Put | HRI Option Put 20-12-2024 220 | 6 | 2024-12-20 | 9.5 - 12.1 | 13.0 | In |
Put | HRI Option Put 20-12-2024 210 | 9 | 2024-12-20 | 5.1 - 8.1 | 7.3 | Out |
Put | HRI Option Put 20-12-2024 200 | 10 | 2024-12-20 | 1.8 - 5.2 | 1.8 | Out |
Put | HRI Option Put 20-12-2024 195 | 3 | 2024-12-20 | 0.8 - 4.9 | 4.7 | Out |
Put | HRI Option Put 20-12-2024 190 | 15 | 2024-12-20 | 1.45 - 3.3 | 2.25 | Out |
Put | HRI Option Put 20-12-2024 185 | 16 | 2024-12-20 | 0.5 - 4.8 | 2.3 | Out |
Put | HRI Option Put 20-12-2024 170 | 10 | 2024-12-20 | 0.0 - 1.5 | 1.31 | Out |
Put | HRI Option Put 20-12-2024 165 | 11 | 2024-12-20 | 0.0 - 4.8 | 1.21 | Out |
Put | HRI Option Put 20-12-2024 160 | 2 | 2024-12-20 | 0.0 - 3.0 | 2.5 | Out |
Put | HRI Option Put 20-12-2024 155 | 1 | 2024-12-20 | 0.0 - 3.0 | 10.6 | Out |
Put | HRI Option Put 20-12-2024 145 | 26 | 2024-12-20 | 9.7 - 14.0 | 11.4 | Out |
Put | HRI Option Put 20-12-2024 140 | 57 | 2024-12-20 | 0.0 - 2.95 | 0.07 | Out |
Put | HRI Option Put 20-12-2024 135 | 8 | 2024-12-20 | 0.0 - 1.25 | 2.15 | Out |
Put | HRI Option Put 20-12-2024 130 | 22 | 2024-12-20 | 0.0 - 1.15 | 0.5 | Out |
Put | HRI Option Put 20-12-2024 125 | 30 | 2024-12-20 | 0.0 - 1.1 | 1.68 | Out |
Put | HRI Option Put 20-12-2024 120 | 0 | 2024-12-20 | 0.0 - 0.0 | 1.75 | |
Put | HRI Option Put 20-12-2024 115 | 0 | 2024-12-20 | 0.0 - 0.0 | 1.55 | |
Put | HRI Option Put 20-12-2024 110 | 5 | 2024-12-20 | 0.0 - 1.05 | 0.8 | Out |
Put | HRI Option Put 20-12-2024 105 | 11 | 2024-12-20 | 0.0 - 0.0 | 1.0 | Out |
Put | HRI Option Put 20-12-2024 100 | 11 | 2024-12-20 | 0.0 - 0.0 | 3.7 | Out |
Put | HRI Option Put 20-12-2024 95 | 2 | 2024-12-20 | 0.0 - 4.8 | 1.85 | Out |
Put | HRI Option Put 20-12-2024 90 | 2 | 2024-12-20 | 0.0 - 0.0 | 0.95 | Out |
Put | HRI Option Put 20-12-2024 85 | 1 | 2024-12-20 | 0.0 - 0.0 | 1.45 | Out |
Herc Holdings Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
| Timeline |
Herc Holdings Market Cap Over Time
Market Cap |
| Timeline |
Herc Total Stockholder Equity
Total Stockholder Equity |
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Herc Holdings Corporate Directors
| Jean Holley | Independent Director | Profile | |
| Jacob Katz | Independent Director | Profile | |
| Jonathan Frates | Independent Director | Profile | |
| James Browning | Independent Director | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Herc Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Herc Stock please use our How to Invest in Herc Holdings guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Trading Companies & Distributors 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 Herc Holdings. If investors know Herc 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 Herc Holdings 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 0.081 | Dividend Share 2.628 | Earnings Share 12.21 | Revenue Per Share 121.337 | Quarterly Revenue Growth 0.063 |
The market value of Herc Holdings is measured differently than its book value, which is the value of Herc that is recorded on the company's balance sheet. Investors also form their own opinion of Herc Holdings' value that differs from its market value or its book value, called intrinsic value, which is Herc Holdings' 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 Herc Holdings' market value can be influenced by many factors that don't directly affect Herc Holdings' 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 Herc Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Herc Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Herc Holdings' 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.