L Option Call 20-12-2024 60 Option on Loews Corp
L Stock | USD 84.06 0.94 1.11% |
L Option Call 20-12-2024 60 is a CALL option contract on Loews Corp's common stock with a strick price of 60.0 expiring on 2024-12-20. The contract was last traded on 2024-07-01 at 12:46:13 for $16.6 and, as of today, has 9 days remaining before the expiration. The option is currently trading at a bid price of $19.9, and an ask price of $23.4. The implied volatility as of the 11th of December 2024 is 9.0.
Loews |
Call options on Loews Corp give the investor right to buy Loews Stock at a specified price within a specific period. If Loews Corp's price is above the strike price at expiry, the profit is the current Loews Corp's stock price, minus the strike price and the premium.
Rule 16 of 2024-12-20 Option Contract
The options market is anticipating that Loews Corp will have an average daily up or down price movement of about 1.0E-6% per day over the life of the option. With Loews Corp trading at USD 84.06, that is roughly USD 1.0E-6. If you think that the market is fully understating Loews Corp's daily price movement you should consider buying Loews Corp options at that current volatility level of 1.0E-5%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Call Option on Loews Corp
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 Loews Corp 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 Loews 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 | L Option Call 20-12-2024 60 |
Expires On | 2024-12-20 |
Days Before Expriration | 9 |
Last Traded On | 2024-07-01 12:46:13 |
Open Interest | 9 |
Current Trading Volume | 8.0 |
Strike Price | 60.0 |
Last Traded At | 16.6 |
Current Price Spread | 19.9 | 23.4 |
Rule 16 Daily Up or Down | USD 1.0E-6 |
Loews long CALL Option Payoff at expiration
Buying Loews Corp's call option is the simplest of option trades. A call option on Loews Stock gives investors the right (but not the obligation) to purchase Loews Corp at the given strike price. Therefore Loews Corp's call intrinsic value or payoff at expiration depends on where the Loews Stock price is relative to the call option strike price. The strike price of 60.0 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 Loews Corp's price. Finally, at the break-even point of 60.0, the line crosses zero, and trading Loews becomes profitable.
Profit |
Loews Corp Price At Expiration |
Loews short CALL Option Payoff at expiration
By selling Loews Corp's call option, the investors signals his or her bearish sentiment. A short position in a call option written on Loews Corp will generally make money when the underlying price goes down. Therefore Loews Corp's call intrinsic value or payoff at expiration depends on where the Loews Stock price is relative to the call option strike price. The strike price of 60.0 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 Loews Corp's price. Finally, at the break-even point of 60.0, the line crosses zero, and trading Loews becomes disadvantageous with no downside limits.
Profit |
Loews Corp Price At Expiration |
Loews Corp Available Call Options
Loews Corp's option chain is a display of a range of information that helps investors for ways to trade options on Loews. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Loews. It also shows strike prices and maturity days for a Loews Corp 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 | L Option Call 20-12-2024 50 | 2 | 2024-12-20 | 27.8 - 31.4 | 30.38 | In |
Call | L Option Call 20-12-2024 60 | 9 | 2024-12-20 | 19.9 - 23.4 | 16.6 | In |
Call | L Option Call 20-12-2024 65 | 6 | 2024-12-20 | 18.3 - 21.3 | 19.17 | In |
Call | L Option Call 20-12-2024 70 | 4 | 2024-12-20 | 13.3 - 15.6 | 13.43 | In |
Call | L Option Call 20-12-2024 75 | 47 | 2024-12-20 | 8.3 - 11.3 | 11.7 | In |
Call | L Option Call 20-12-2024 80 | 36 | 2024-12-20 | 3.4 - 5.8 | 4.23 | In |
Call | L Option Call 20-12-2024 85 | 129 | 2024-12-20 | 0.0 - 1.05 | 0.6 | Out |
Call | L Option Call 20-12-2024 90 | 83 | 2024-12-20 | 0.0 - 0.35 | 0.04 | Out |
Call | L Option Call 20-12-2024 95 | 26 | 2024-12-20 | 0.0 - 1.0 | 0.1 | Out |
Loews Corp Corporate Directors
Philip Laskawy | Independent Director | Profile | |
Charles Diker | Independent Director | Profile | |
Anthony Welters | Independent Director | Profile | |
Ann Berman | Independent Director | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Loews 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 bureau of economic analysis. For more information on how to buy Loews Stock please use our How to buy in Loews Stock guide.You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Multi-line Insurance 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 Loews Corp. If investors know Loews 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 Loews Corp 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 0.625 | Dividend Share 0.25 | Earnings Share 7.52 | Revenue Per Share 77.677 | Quarterly Revenue Growth 0.138 |
The market value of Loews Corp is measured differently than its book value, which is the value of Loews that is recorded on the company's balance sheet. Investors also form their own opinion of Loews Corp's value that differs from its market value or its book value, called intrinsic value, which is Loews Corp'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 Loews Corp's market value can be influenced by many factors that don't directly affect Loews Corp'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 Loews Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Loews Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Loews Corp'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.