MNMD241220P00011000 Option on Mind Medicine
| MNMD Stock | USD 7.31 0.16 2.24% |
Mind Medicine's latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 1.6 with a put-to-call open interest ratio of 0.44 over 31 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on 2024-12-20. The total put volume is at 97.0, with calls trading at the volume of 97.0. This yields a 0.3 put-to-call volume ratio.
Open Interest Against 2024-12-20 Option Contracts
2024-12-20
The chart above shows Mind Medicine'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. Mind Medicine's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Mind Medicine's option, there is no secondary market available for investors to trade.
In The Money vs. Out of Money Option Contracts on Mind Medicine
Analyzing Mind Medicine's in-the-money options over time can help investors to take a profitable long position in Mind Medicine regardless of its overall volatility. This is especially true when Mind Medicine's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Mind Medicine's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Mind Medicine's stock while costing only a fraction of its price.
Mind Medicine's stock options are financial instruments that give investors the right to buy or sell shares of Mind Medicine common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Mind stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Mind Medicine's stock price goes up or down, the stock options follow.
At present, Mind Medicine's Stock Based Compensation is projected to increase significantly based on the last few years of reporting. Mind Medicine In The Money Call Balance
When Mind Medicine's strike price is surpassing the current stock price, the option contract against Mind Medicine stock is said to be in the money. When it comes to buying Mind Medicine'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 Mind Medicine 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.
Mind Current Options Market Mood
Mind Medicine'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 Mind 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 Mind Medicine's options investors are not very successful. Mind Medicine'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 Mind contract
Base on the Rule 16, the options market is currently suggesting that Mind Medicine will have an average daily up or down price movement of about 0.1% per day over the life of the 2024-12-20 option contract. With Mind Medicine trading at USD 7.31, that is roughly USD 0.00731. If you think that the market is fully incorporating Mind Medicine's daily price movement you should consider buying Mind Medicine options at the current volatility level of 1.6%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Mind |
Purchasing Mind Medicine 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" Mind calls. Remember, the seller must deliver Mind Medicine stock to the call owner when a call is exercised.
Mind Medicine Option Chain
When Mind Medicine's strike price is surpassing the current stock price, the option contract against Mind Medicine 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.
Mind Medicine's option chain is a display of a range of information that helps investors for ways to trade options on Mind. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Mind. It also shows strike prices and maturity days for a Mind Medicine 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 | MNMD Option Call 20-12-2024 3 | 28 | 2024-12-20 | 4.3 - 4.9 | 3.5 | In |
Call | MNMD Option Call 20-12-2024 4 | 0 | 2024-12-20 | 0.0 - 0.0 | 3.2 | In |
Call | MNMD Option Call 20-12-2024 5 | 0 | 2024-12-20 | 0.0 - 0.0 | 2.3 | In |
Call | MNMD Option Call 20-12-2024 6 | 0 | 2024-12-20 | 0.0 - 0.0 | 1.45 | In |
Call | MNMD Option Call 20-12-2024 7 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.63 | In |
Call | MNMD Option Call 20-12-2024 8 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.16 | |
Call | MNMD Option Call 20-12-2024 9 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.06 | |
Call | MNMD Option Call 20-12-2024 10 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.02 | |
Call | MNMD Option Call 20-12-2024 11 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Call | MNMD Option Call 20-12-2024 12 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Call | MNMD Option Call 20-12-2024 13 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Call | MNMD Option Call 20-12-2024 14 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.04 | |
Call | MNMD Option Call 20-12-2024 15 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Call | MNMD Option Call 20-12-2024 16 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.2 | |
Call | MNMD Option Call 20-12-2024 17 | 20 | 2024-12-20 | 0.0 - 0.6 | 0.7 | Out |
Call | MNMD Option Call 20-12-2024 18 | 59 | 2024-12-20 | 0.0 - 0.75 | 0.05 | Out |
Call | MNMD Option Call 20-12-2024 20 | 38 | 2024-12-20 | 0.0 - 0.75 | 0.2 | Out |
Call | MNMD Option Call 20-12-2024 22 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.15 | |
Put | MNMD Option Put 20-12-2024 2 | 10 | 2024-12-20 | 0.0 - 0.75 | 0.04 | Out |
Put | MNMD Option Put 20-12-2024 4 | 0 | 2024-12-20 | 0.0 - 0.55 | 0.1 | |
Put | MNMD Option Put 20-12-2024 5 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.04 | |
Put | MNMD Option Put 20-12-2024 6 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Put | MNMD Option Put 20-12-2024 7 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.34 | |
Put | MNMD Option Put 20-12-2024 8 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.9 | In |
Put | MNMD Option Put 20-12-2024 9 | 0 | 2024-12-20 | 0.0 - 0.0 | 1.85 | In |
Put | MNMD Option Put 20-12-2024 10 | 0 | 2024-12-20 | 0.0 - 0.0 | 2.37 | In |
Put | MNMD Option Put 20-12-2024 11 | 1 | 2024-12-20 | 4.1 - 5.2 | 3.3 | In |
Put | MNMD Option Put 20-12-2024 12 | 31 | 2024-12-20 | 5.9 - 6.1 | 4.4 | In |
Put | MNMD Option Put 20-12-2024 14 | 21 | 2024-12-20 | 6.6 - 6.8 | 7.43 | In |
Put | MNMD Option Put 20-12-2024 15 | 1 | 2024-12-20 | 8.5 - 8.8 | 8.59 | In |
Put | MNMD Option Put 20-12-2024 17 | 0 | 2024-12-20 | 0.0 - 0.0 | 8.98 | In |
Mind Medicine Market Cap Over Time
Market Cap |
| Timeline |
Mind Total Stockholder Equity
Total Stockholder Equity |
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Mind Medicine Corporate Management
| MD MA | Chief Officer | Profile | |
| Schond MBA | Chief Officer | Profile | |
| Maxim CFA | Vice Communications | Profile | |
| Wong JD | Chief Sec | Profile | |
| Gregg Pratt | Chief Officer | Profile | |
| MD MBA | Chief Officer | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mind Medicine. 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. For information on how to trade Mind Stock refer to our How to Trade Mind Stock guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Biotechnology 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 Mind Medicine. If investors know Mind 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 Mind Medicine listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.71) | Return On Assets (0.25) | Return On Equity (0.55) |
The market value of Mind Medicine is measured differently than its book value, which is the value of Mind that is recorded on the company's balance sheet. Investors also form their own opinion of Mind Medicine's value that differs from its market value or its book value, called intrinsic value, which is Mind Medicine'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 Mind Medicine's market value can be influenced by many factors that don't directly affect Mind Medicine'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 Mind Medicine's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mind Medicine is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mind Medicine'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.