null Option on National CineMedia
| NCMI Stock | USD 6.71 0.04 0.59% |
National CineMedia's latest option contracts expiring on March 21st 2025 are carrying combined implied volatility of 1.03 with a put-to-call open interest ratio of 0.02 over 10 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on March 21st 2025.
Open Interest Against March 21st 2025 Option Contracts
2025-03-21
The chart above shows National CineMedia'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. National CineMedia's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for National CineMedia's option, there is no secondary market available for investors to trade.
In The Money vs. Out of Money Option Contracts on National CineMedia
Analyzing National CineMedia's in-the-money options over time can help investors to take a profitable long position in National CineMedia regardless of its overall volatility. This is especially true when National CineMedia's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money National CineMedia's options could be used as guardians of the underlying stock as they move almost dollar for dollar with National CineMedia's stock while costing only a fraction of its price.
National CineMedia In The Money Call Balance
When National CineMedia's strike price is surpassing the current stock price, the option contract against National CineMedia stock is said to be in the money. When it comes to buying National CineMedia'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 National CineMedia 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.
National Current Options Market Mood
National CineMedia'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 National 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 National CineMedia's options investors are not very successful. National CineMedia'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 National contract
Base on the Rule 16, the options market is currently suggesting that National CineMedia will have an average daily up or down price movement of about 0.0644% per day over the life of the 2025-03-21 option contract. With National CineMedia trading at USD 6.71, that is roughly USD 0.00432. If you think that the market is fully incorporating National CineMedia's daily price movement you should consider buying National CineMedia options at the current volatility level of 1.03%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
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Purchasing National CineMedia 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" National calls. Remember, the seller must deliver National CineMedia stock to the call owner when a call is exercised.
National CineMedia Option Chain
When National CineMedia's strike price is surpassing the current stock price, the option contract against National CineMedia 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.
National CineMedia's option chain is a display of a range of information that helps investors for ways to trade options on National. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for National. It also shows strike prices and maturity days for a National CineMedia 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 | Strike Price | Current Spread | Last Price | |||
Call | NCMI250321C00002500 | 9 | 2.5 | 4.2 - 4.5 | 3.6 | In |
Call | NCMI250321C00005000 | 75 | 5.0 | 1.8 - 1.95 | 2.01 | In |
Call | NCMI250321C00007500 | 5898 | 7.5 | 0.2 - 0.3 | 0.35 | Out |
Call | NCMI250321C00010000 | 38 | 10.0 | 0.0 - 0.35 | 0.18 | Out |
Call | NCMI250321C00012500 | 0 | 12.5 | 0.0 - 0.5 | 0.5 | |
Put | NCMI250321P00002500 | 0 | 2.5 | 0.0 - 0.5 | 0.5 | |
Put | NCMI250321P00005000 | 13 | 5.0 | 0.0 - 0.1 | 0.1 | Out |
Put | NCMI250321P00007500 | 6 | 7.5 | 0.8 - 0.95 | 0.72 | In |
Put | NCMI250321P00010000 | 90 | 10.0 | 1.4 - 3.3 | 3.4 | In |
Put | NCMI250321P00012500 | 0 | 12.5 | 4.0 - 5.9 | 4.0 | In |
National CineMedia Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
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National CineMedia Market Cap Over Time
Market Cap |
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National Total Stockholder Equity
Total Stockholder Equity |
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National CineMedia Corporate Management
| Stacie Tursi | Senior Partnerships | Profile | |
| Julie Patterson | VP Officer | Profile | |
| Ronnie Ng | Chief Officer | Profile | |
| Adam Johnson | Senior Planning | Profile | |
| Dave Kupiec | Ex Marketing | Profile | |
| Catherine Sullivan | Marketing, Sales | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National CineMedia. 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 more detail on how to invest in National Stock please use our How to Invest in National CineMedia guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Advertising 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 National CineMedia. If investors know National 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 National CineMedia 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 (0.67) | Earnings Share (7.34) | Revenue Per Share | Quarterly Revenue Growth 1.526 | Return On Assets |
The market value of National CineMedia is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National CineMedia's value that differs from its market value or its book value, called intrinsic value, which is National CineMedia'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 National CineMedia's market value can be influenced by many factors that don't directly affect National CineMedia'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 National CineMedia's value and its price as these two are different measures arrived at by different means. Investors typically determine if National CineMedia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National CineMedia'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.