HUT260116P00001500 Option on Hut 8 Corp
HUT Stock | USD 26.69 1.07 4.18% |
Hut 8's latest option contracts expiring on 2024-12-13 are carrying combined implied volatility of 2.44 with a put-to-call open interest ratio of 0.55 over 94 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on 2024-12-13. The total put volume is at 547, with calls trading at the volume of 547. This yields a 0.35 put-to-call volume ratio.
Open Interest Against 2024-12-13 Option Contracts
Hut 8 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 Hut 8's lending market. For example, when Hut 8'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 Hut 8, he or she must hedge the risk by shorting Hut 8 stock over its option's life.
2024-12-13
The chart above shows Hut 8'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. Hut 8's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Hut 8's option, there is no secondary market available for investors to trade.
Hut 8 Maximum Pain Price across 2024-12-13 Option Contracts
Max pain occurs when Hut 8's market makers reach a net positive position across all Hut 8's options at a strike price where option holders stand to lose the most money. By contrast, Hut 8's option sellers may reap the most after selling more options than buying, causing them to expire worthless.
In The Money vs. Out of Money Option Contracts on Hut 8
Analyzing Hut 8's in-the-money options over time can help investors to take a profitable long position in Hut 8 regardless of its overall volatility. This is especially true when Hut 8's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Hut 8's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Hut 8'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 Hut 8 Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Hut 8 Corp In The Money Call Balance
When Hut 8's strike price is surpassing the current stock price, the option contract against Hut 8 Corp stock is said to be in the money. When it comes to buying Hut 8'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 Hut 8 Corp 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.
Hut Current Options Market Mood
Hut 8'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 Hut 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
Most Hut 8's options investors are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Hut 8'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. Using current Hut 8's option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.
Rule 16 of the current Hut contract
Base on the Rule 16, the options market is currently suggesting that Hut 8 Corp will have an average daily up or down price movement of about 0.15% per day over the life of the 2024-12-13 option contract. With Hut 8 trading at USD 26.69, that is roughly USD 0.0407. If you think that the market is fully incorporating Hut 8's daily price movement you should consider buying Hut 8 Corp options at the current volatility level of 2.44%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Hut |
Purchasing Hut 8 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" Hut calls. Remember, the seller must deliver Hut 8 Corp stock to the call owner when a call is exercised.
Hut 8 Option Chain
When Hut 8's strike price is surpassing the current stock price, the option contract against Hut 8 Corp 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.
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Hut 8's option chain is a display of a range of information that helps investors for ways to trade options on Hut. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Hut. It also shows strike prices and maturity days for a Hut 8 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 | HUT Option Call 13-12-2024 12 | 1 | 2024-12-13 | 14.35 - 14.7 | 12.52 | In |
Call | HUT Option Call 13-12-2024 13 | 1 | 2024-12-13 | 15.4 - 17.3 | 5.53 | In |
Call | HUT Option Call 13-12-2024 14 | 1 | 2024-12-13 | 12.8 - 13.25 | 11.49 | In |
Call | HUT Option Call 13-12-2024 15 | 3 | 2024-12-13 | 11.85 - 12.25 | 15.03 | In |
Call | HUT Option Call 13-12-2024 16 | 7 | 2024-12-13 | 11.25 - 11.85 | 2.57 | In |
Call | HUT Option Call 13-12-2024 17 | 1 | 2024-12-13 | 8.4 - 10.3 | 8.29 | In |
Call | HUT Option Call 13-12-2024 17 | 7 | 2024-12-13 | 9.25 - 9.7 | 6.9 | In |
Call | HUT Option Call 13-12-2024 18 | 2 | 2024-12-13 | 8.85 - 9.6 | 10.68 | In |
Call | HUT Option Call 13-12-2024 18 | 2 | 2024-12-13 | 8.3 - 8.75 | 8.65 | In |
Call | HUT Option Call 13-12-2024 19 | 3 | 2024-12-13 | 7.85 - 8.25 | 9.0 | In |
Call | HUT Option Call 13-12-2024 19 | 62 | 2024-12-13 | 7.5 - 7.9 | 6.6 | In |
Call | HUT Option Call 13-12-2024 20 | 12 | 2024-12-13 | 6.9 - 7.25 | 6.8 | In |
Call | HUT Option Call 13-12-2024 20 | 5 | 2024-12-13 | 6.35 - 6.75 | 10.25 | In |
Call | HUT Option Call 13-12-2024 21 | 40 | 2024-12-13 | 5.9 - 6.25 | 4.54 | In |
Call | HUT Option Call 13-12-2024 21 | 6 | 2024-12-13 | 5.4 - 5.8 | 5.85 | In |
Call | HUT Option Call 13-12-2024 22 | 27 | 2024-12-13 | 4.9 - 5.35 | 6.45 | In |
Call | HUT Option Call 13-12-2024 22 | 7 | 2024-12-13 | 4.45 - 4.75 | 3.57 | In |
Call | HUT Option Call 13-12-2024 23 | 25 | 2024-12-13 | 3.95 - 4.35 | 2.79 | In |
Call | HUT Option Call 13-12-2024 23 | 14 | 2024-12-13 | 2.41 - 3.95 | 2.4 | In |
Call | HUT Option Call 13-12-2024 24 | 74 | 2024-12-13 | 2.92 - 3.35 | 2.05 | In |
Call | HUT Option Call 13-12-2024 24 | 46 | 2024-12-13 | 2.46 - 3.0 | 1.55 | In |
Call | HUT Option Call 13-12-2024 25 | 173 | 2024-12-13 | 2.26 - 2.42 | 2.2 | In |
Call | HUT Option Call 13-12-2024 25 | 107 | 2024-12-13 | 1.79 - 2.06 | 1.82 | In |
Call | HUT Option Call 13-12-2024 26 | 481 | 2024-12-13 | 1.6 - 1.91 | 1.65 | In |
Call | HUT Option Call 13-12-2024 26 | 148 | 2024-12-13 | 1.38 - 1.6 | 1.42 | Out |
Call | HUT Option Call 13-12-2024 27 | 145 | 2024-12-13 | 1.09 - 1.3 | 1.28 | Out |
Call | HUT Option Call 13-12-2024 27 | 154 | 2024-12-13 | 0.93 - 1.14 | 1.0 | Out |
Call | HUT Option Call 13-12-2024 28 | 210 | 2024-12-13 | 0.77 - 0.9 | 0.8 | Out |
Call | HUT Option Call 13-12-2024 28 | 291 | 2024-12-13 | 0.41 - 0.84 | 0.7 | Out |
Call | HUT Option Call 13-12-2024 29 | 251 | 2024-12-13 | 0.48 - 0.78 | 0.53 | Out |
Call | HUT Option Call 13-12-2024 29 | 72 | 2024-12-13 | 0.38 - 0.5 | 0.48 | Out |
Call | HUT Option Call 13-12-2024 30 | 1981 | 2024-12-13 | 0.32 - 0.4 | 0.38 | Out |
Call | HUT Option Call 13-12-2024 30 | 642 | 2024-12-13 | 0.27 - 0.34 | 0.34 | Out |
Call | HUT Option Call 13-12-2024 31 | 982 | 2024-12-13 | 0.22 - 0.3 | 0.24 | Out |
Call | HUT Option Call 13-12-2024 31 | 332 | 2024-12-13 | 0.16 - 0.25 | 0.18 | Out |
Call | HUT Option Call 13-12-2024 32 | 670 | 2024-12-13 | 0.13 - 0.22 | 0.11 | Out |
Call | HUT Option Call 13-12-2024 32 | 171 | 2024-12-13 | 0.0 - 0.2 | 0.09 | Out |
Call | HUT Option Call 13-12-2024 33 | 345 | 2024-12-13 | 0.07 - 0.17 | 0.08 | Out |
Call | HUT Option Call 13-12-2024 33 | 71 | 2024-12-13 | 0.05 - 0.14 | 0.07 | Out |
Call | HUT Option Call 13-12-2024 34 | 441 | 2024-12-13 | 0.02 - 0.57 | 0.04 | Out |
Call | HUT Option Call 13-12-2024 34 | 20 | 2024-12-13 | 0.01 - 0.57 | 0.05 | Out |
Call | HUT Option Call 13-12-2024 35 | 2376 | 2024-12-13 | 0.05 - 0.2 | 0.06 | Out |
Call | HUT Option Call 13-12-2024 35 | 1 | 2024-12-13 | 0.0 - 0.61 | 0.05 | Out |
Call | HUT Option Call 13-12-2024 36 | 105 | 2024-12-13 | 0.05 - 0.55 | 0.04 | Out |
Call | HUT Option Call 13-12-2024 36 | 7 | 2024-12-13 | 0.0 - 0.55 | 0.05 | Out |
Call | HUT Option Call 13-12-2024 37 | 211 | 2024-12-13 | 0.0 - 0.54 | 0.13 | Out |
Call | HUT Option Call 13-12-2024 37 | 1 | 2024-12-13 | 0.0 - 0.54 | 0.29 | Out |
Call | HUT Option Call 13-12-2024 38 | 43 | 2024-12-13 | 0.0 - 0.54 | 0.04 | Out |
Call | HUT Option Call 13-12-2024 38 | 2 | 2024-12-13 | 0.0 - 0.53 | 0.12 | Out |
Call | HUT Option Call 13-12-2024 39 | 70 | 2024-12-13 | 0.0 - 0.52 | 0.3 | Out |
Call | HUT Option Call 13-12-2024 40 | 413 | 2024-12-13 | 0.01 - 0.1 | 0.02 | Out |
Call | HUT Option Call 13-12-2024 41 | 8 | 2024-12-13 | 0.0 - 0.12 | 0.12 | Out |
Call | HUT Option Call 13-12-2024 43 | 43 | 2024-12-13 | 0.0 - 0.1 | 0.01 | Out |
Put | HUT Option Put 13-12-2024 5 | 1 | 2024-12-13 | 0.0 - 0.75 | 0.01 | Out |
Put | HUT Option Put 13-12-2024 14 | 1 | 2024-12-13 | 0.0 - 0.75 | 0.5 | Out |
Put | HUT Option Put 13-12-2024 14 | 21 | 2024-12-13 | 0.0 - 0.75 | 0.15 | Out |
Put | HUT Option Put 13-12-2024 15 | 1 | 2024-12-13 | 0.0 - 0.75 | 0.18 | Out |
Put | HUT Option Put 13-12-2024 16 | 1 | 2024-12-13 | 0.0 - 0.75 | 0.02 | Out |
Put | HUT Option Put 13-12-2024 16 | 5 | 2024-12-13 | 0.0 - 0.75 | 0.21 | Out |
Put | HUT Option Put 13-12-2024 17 | 47 | 2024-12-13 | 0.0 - 0.75 | 0.05 | Out |
Put | HUT Option Put 13-12-2024 17 | 4 | 2024-12-13 | 0.0 - 0.75 | 2.84 | Out |
Put | HUT Option Put 13-12-2024 18 | 4 | 2024-12-13 | 0.0 - 0.75 | 0.08 | Out |
Put | HUT Option Put 13-12-2024 18 | 3 | 2024-12-13 | 0.0 - 0.75 | 0.12 | Out |
Put | HUT Option Put 13-12-2024 19 | 45 | 2024-12-13 | 0.0 - 0.75 | 0.02 | Out |
Put | HUT Option Put 13-12-2024 19 | 34 | 2024-12-13 | 0.0 - 0.75 | 0.01 | Out |
Put | HUT Option Put 13-12-2024 20 | 38 | 2024-12-13 | 0.0 - 0.19 | 0.01 | Out |
Put | HUT Option Put 13-12-2024 20 | 24 | 2024-12-13 | 0.0 - 0.75 | 0.01 | Out |
Put | HUT Option Put 13-12-2024 21 | 18 | 2024-12-13 | 0.0 - 0.75 | 0.04 | Out |
Put | HUT Option Put 13-12-2024 21 | 6 | 2024-12-13 | 0.0 - 0.75 | 0.05 | Out |
Put | HUT Option Put 13-12-2024 22 | 2646 | 2024-12-13 | 0.0 - 0.14 | 0.28 | Out |
Put | HUT Option Put 13-12-2024 22 | 273 | 2024-12-13 | 0.0 - 0.75 | 0.11 | Out |
Put | HUT Option Put 13-12-2024 23 | 255 | 2024-12-13 | 0.0 - 0.18 | 0.11 | Out |
Put | HUT Option Put 13-12-2024 23 | 128 | 2024-12-13 | 0.0 - 0.08 | 0.26 | Out |
Put | HUT Option Put 13-12-2024 24 | 145 | 2024-12-13 | 0.1 - 0.22 | 0.12 | Out |
Put | HUT Option Put 13-12-2024 24 | 128 | 2024-12-13 | 0.15 - 0.39 | 0.18 | Out |
Put | HUT Option Put 13-12-2024 25 | 448 | 2024-12-13 | 0.21 - 0.5 | 0.29 | Out |
Put | HUT Option Put 13-12-2024 25 | 143 | 2024-12-13 | 0.33 - 0.48 | 0.47 | Out |
Put | HUT Option Put 13-12-2024 26 | 210 | 2024-12-13 | 0.52 - 0.73 | 0.6 | Out |
Put | HUT Option Put 13-12-2024 26 | 132 | 2024-12-13 | 0.7 - 0.93 | 0.89 | In |
Put | HUT Option Put 13-12-2024 27 | 277 | 2024-12-13 | 0.88 - 1.2 | 1.09 | In |
Put | HUT Option Put 13-12-2024 27 | 142 | 2024-12-13 | 1.04 - 1.52 | 1.36 | In |
Put | HUT Option Put 13-12-2024 28 | 273 | 2024-12-13 | 1.64 - 1.89 | 1.73 | In |
Put | HUT Option Put 13-12-2024 28 | 70 | 2024-12-13 | 2.06 - 2.36 | 1.8 | In |
Put | HUT Option Put 13-12-2024 29 | 169 | 2024-12-13 | 2.42 - 2.75 | 4.05 | In |
Put | HUT Option Put 13-12-2024 29 | 96 | 2024-12-13 | 2.61 - 2.97 | 2.89 | In |
Put | HUT Option Put 13-12-2024 30 | 181 | 2024-12-13 | 3.2 - 3.5 | 4.6 | In |
Put | HUT Option Put 13-12-2024 30 | 107 | 2024-12-13 | 3.55 - 3.8 | 5.62 | In |
Put | HUT Option Put 13-12-2024 31 | 110 | 2024-12-13 | 4.15 - 4.3 | 4.0 | In |
Put | HUT Option Put 13-12-2024 31 | 5 | 2024-12-13 | 4.45 - 4.7 | 4.69 | In |
Put | HUT Option Put 13-12-2024 32 | 12 | 2024-12-13 | 4.75 - 5.3 | 2.9 | In |
Put | HUT Option Put 13-12-2024 32 | 0 | 2024-12-13 | 5.4 - 5.8 | 3.3 | In |
Put | HUT Option Put 13-12-2024 33 | 23 | 2024-12-13 | 5.7 - 6.3 | 4.25 | In |
Put | HUT Option Put 13-12-2024 35 | 22 | 2024-12-13 | 7.8 - 8.3 | 5.27 | In |
Put | HUT Option Put 13-12-2024 38 | 1 | 2024-12-13 | 11.25 - 11.65 | 7.65 | In |
Hut Total Stockholder Equity
Total Stockholder Equity |
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Hut 8 Corporate Management
Victor Semah | Chief Officer | Profile | |
Matthew Prusak | Chief Officer | Profile | |
Viktoriya Griffin | Co Sec | Profile | |
CPA CMA | Chief Officer | Profile | |
Josh Rayner | VP Sales | Profile |
Additional Tools for Hut Stock Analysis
When running Hut 8's price analysis, check to measure Hut 8'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 Hut 8 is operating at the current time. Most of Hut 8's value examination focuses on studying past and present price action to predict the probability of Hut 8's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hut 8's price. Additionally, you may evaluate how the addition of Hut 8 to your portfolios can decrease your overall portfolio volatility.