LAD Option Call 20-12-2024 380 Option on Lithia Motors
LAD Stock | USD 383.67 7.15 1.90% |
LAD Option Call 20-12-2024 380 is a CALL option contract on Lithia Motors' common stock with a strick price of 380.0 expiring on 2024-12-20. The contract was last traded on 2024-12-06 at 10:56:17 for $9.05 and, as of today, has 9 days remaining before the expiration. The option is currently trading at an ask price of $0.0. The implied volatility as of the 11th of December 2024 is 9.0.
Lithia |
Call options on Lithia Motors give the investor right to buy Lithia Stock at a specified price within a specific period. If Lithia Motors' price is above the strike price at expiry, the profit is the current Lithia Motors' stock price, minus the strike price and the premium.
Rule 16 of 2024-12-20 Option Contract
The options market is anticipating that Lithia Motors will have an average daily up or down price movement of about 1.0E-6% per day over the life of the option. With Lithia Motors trading at USD 383.67, that is roughly USD 2.0E-6. If you think that the market is fully understating Lithia Motors' daily price movement you should consider buying Lithia Motors 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 Lithia Motors
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 Lithia Motors 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 Lithia 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 | LAD Option Call 20-12-2024 380 |
Expires On | 2024-12-20 |
Days Before Expriration | 9 |
Last Traded On | 2024-12-06 10:56:17 |
Open Interest | 181 |
Current Trading Volume | 1.0 |
Strike Price | 380.0 |
Last Traded At | 9.05 |
Current Price Spread | 0.0 | 0.0 |
Rule 16 Daily Up or Down | USD 2.0E-6 |
Lithia long CALL Option Payoff at expiration
Buying Lithia Motors' call option is the simplest of option trades. A call option on Lithia Stock gives investors the right (but not the obligation) to purchase Lithia Motors at the given strike price. Therefore Lithia Motors' call intrinsic value or payoff at expiration depends on where the Lithia Stock price is relative to the call option strike price. The strike price of 380.0 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 Lithia Motors' price. Finally, at the break-even point of 380.0, the line crosses zero, and trading Lithia becomes profitable.
Profit |
Lithia Motors Price At Expiration |
Lithia short CALL Option Payoff at expiration
By selling Lithia Motors' call option, the investors signals his or her bearish sentiment. A short position in a call option written on Lithia Motors will generally make money when the underlying price goes down. Therefore Lithia Motors' call intrinsic value or payoff at expiration depends on where the Lithia Stock price is relative to the call option strike price. The strike price of 380.0 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 Lithia Motors' price. Finally, at the break-even point of 380.0, the line crosses zero, and trading Lithia becomes disadvantageous with no downside limits.
Profit |
Lithia Motors Price At Expiration |
Lithia Motors Available Call Options
Lithia Motors' option chain is a display of a range of information that helps investors for ways to trade options on Lithia. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Lithia. It also shows strike prices and maturity days for a Lithia Motors 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 | LAD Option Call 20-12-2024 135 | 1 | 2024-12-20 | 126.5 - 131.2 | 132.3 | In |
Call | LAD Option Call 20-12-2024 145 | 1 | 2024-12-20 | 155.1 - 160.0 | 156.4 | In |
Call | LAD Option Call 20-12-2024 165 | 1 | 2024-12-20 | 132.5 - 137.4 | 97.0 | In |
Call | LAD Option Call 20-12-2024 190 | 0 | 2024-12-20 | 199.0 - 203.9 | 126.04 | In |
Call | LAD Option Call 20-12-2024 230 | 1 | 2024-12-20 | 74.2 - 79.0 | 77.5 | In |
Call | LAD Option Call 20-12-2024 250 | 463 | 2024-12-20 | 0.0 - 0.0 | 138.0 | In |
Call | LAD Option Call 20-12-2024 260 | 6 | 2024-12-20 | 0.0 - 0.0 | 108.43 | In |
Call | LAD Option Call 20-12-2024 270 | 20 | 2024-12-20 | 119.5 - 124.3 | 60.6 | In |
Call | LAD Option Call 20-12-2024 280 | 61 | 2024-12-20 | 50.3 - 55.0 | 32.4 | In |
Call | LAD Option Call 20-12-2024 290 | 36 | 2024-12-20 | 95.1 - 99.9 | 49.6 | In |
Call | LAD Option Call 20-12-2024 300 | 5 | 2024-12-20 | 90.0 - 94.8 | 41.3 | In |
Call | LAD Option Call 20-12-2024 310 | 10 | 2024-12-20 | 80.3 - 85.0 | 30.11 | In |
Call | LAD Option Call 20-12-2024 320 | 19 | 2024-12-20 | 53.3 - 57.4 | 19.05 | In |
Call | LAD Option Call 20-12-2024 330 | 94 | 2024-12-20 | 0.0 - 0.0 | 61.0 | In |
Call | LAD Option Call 20-12-2024 340 | 23 | 2024-12-20 | 0.0 - 0.0 | 35.0 | In |
Call | LAD Option Call 20-12-2024 350 | 76 | 2024-12-20 | 0.0 - 0.0 | 37.5 | In |
Call | LAD Option Call 20-12-2024 360 | 175 | 2024-12-20 | 0.0 - 0.0 | 29.3 | In |
Call | LAD Option Call 20-12-2024 370 | 56 | 2024-12-20 | 0.0 - 0.0 | 12.34 | In |
Call | LAD Option Call 20-12-2024 380 | 181 | 2024-12-20 | 0.0 - 0.0 | 9.05 | In |
Call | LAD Option Call 20-12-2024 390 | 224 | 2024-12-20 | 0.0 - 0.0 | 4.77 | Out |
Call | LAD Option Call 20-12-2024 400 | 18 | 2024-12-20 | 0.0 - 0.0 | 3.7 | Out |
Call | LAD Option Call 20-12-2024 410 | 6 | 2024-12-20 | 0.0 - 0.0 | 5.3 | Out |
Call | LAD Option Call 20-12-2024 420 | 58 | 2024-12-20 | 0.0 - 0.0 | 1.7 | Out |
Call | LAD Option Call 20-12-2024 430 | 15 | 2024-12-20 | 0.0 - 0.0 | 2.3 | Out |
Call | LAD Option Call 20-12-2024 440 | 2 | 2024-12-20 | 0.0 - 0.0 | 2.5 | Out |
Call | LAD Option Call 20-12-2024 450 | 2 | 2024-12-20 | 0.0 - 0.0 | 1.5 | Out |
Call | LAD Option Call 20-12-2024 470 | 1 | 2024-12-20 | 0.0 - 0.0 | 1.65 | Out |
Lithia Motors Corporate Directors
Shauna McIntyre | Independent Director | Profile | |
David Robino | Independent Director | Profile | |
Kenneth Roberts | Independent Director | Profile | |
Louis Miramontes | Lead Independent Director | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lithia 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 nation. For information on how to trade Lithia Stock refer to our How to Trade Lithia Stock guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Automotive Retail 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 Lithia Motors. If investors know Lithia 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 Lithia Motors 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 (0.17) | Dividend Share 2.09 | Earnings Share 29.29 | Revenue Per Share 1.3 K | Quarterly Revenue Growth 0.114 |
The market value of Lithia Motors is measured differently than its book value, which is the value of Lithia that is recorded on the company's balance sheet. Investors also form their own opinion of Lithia Motors' value that differs from its market value or its book value, called intrinsic value, which is Lithia Motors' 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 Lithia Motors' market value can be influenced by many factors that don't directly affect Lithia Motors' 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 Lithia Motors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lithia Motors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lithia Motors' 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.