Novartis Stock Options Expiring on 17th of January 2025
| NVS Stock | USD 99.17 0.96 0.96% |
Novartis' latest option contracts expiring on 2025-01-17 are carrying combined implied volatility of 0.57 with a put-to-call open interest ratio of 1.05 over 57 outstanding agreements suggesting investors are buying slightly more puts than calls on contracts expiring on 2025-01-17. The total put volume is at 835, with calls trading at the volume of 835. This yields a 2.31 put-to-call volume ratio.
Open Interest Against 2025-01-17 Option Contracts
Novartis 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 Novartis' lending market. For example, when Novartis' 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 Novartis, he or she must hedge the risk by shorting Novartis stock over its option's life.
2025-01-17
The chart above shows Novartis' 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. Novartis' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Novartis' option, there is no secondary market available for investors to trade.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Novartis AG ADR. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. Novartis AG ADR In The Money Call Balance
When Novartis' strike price is surpassing the current stock price, the option contract against Novartis AG ADR stock is said to be in the money. When it comes to buying Novartis' 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 Novartis AG ADR 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.
Novartis Current Options Market Mood
Novartis' 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 Novartis 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 options investors, including buyers and sellers of Novartis' calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Novartis' 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 Novartis contract
Base on the Rule 16, the options market is currently suggesting that Novartis AG ADR will have an average daily up or down price movement of about 0.0356% per day over the life of the 2025-01-17 option contract. With Novartis trading at USD 99.17, that is roughly USD 0.0353. If you think that the market is fully incorporating Novartis' daily price movement you should consider buying Novartis AG ADR options at the current volatility level of 0.57%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Novartis |
Novartis Option Chain
When Novartis' strike price is surpassing the current stock price, the option contract against Novartis AG ADR 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.
Novartis' option chain is a display of a range of information that helps investors for ways to trade options on Novartis. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Novartis. It also shows strike prices and maturity days for a Novartis 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 | NVS Option Call 17-01-2025 37 | 0 | 2025-01-17 | 61.5 - 66.5 | 64.93 | In |
Call | NVS Option Call 17-01-2025 47 | 6 | 2025-01-17 | 52.5 - 57.5 | 59.4 | In |
Call | NVS Option Call 17-01-2025 50 | 17 | 2025-01-17 | 45.6 - 50.5 | 52.6 | In |
Call | NVS Option Call 17-01-2025 60 | 0 | 2025-01-17 | 41.5 - 45.8 | 42.5 | In |
Call | NVS Option Call 17-01-2025 65 | 8 | 2025-01-17 | 31.5 - 36.4 | 38.1 | In |
Call | NVS Option Call 17-01-2025 70 | 0 | 2025-01-17 | 36.0 - 41.0 | 31.4 | In |
Call | NVS Option Call 17-01-2025 72 | 7 | 2025-01-17 | 26.5 - 31.0 | 17.45 | In |
Call | NVS Option Call 17-01-2025 75 | 1 | 2025-01-17 | 26.0 - 30.7 | 31.0 | In |
Call | NVS Option Call 17-01-2025 77 | 7 | 2025-01-17 | 25.5 - 30.5 | 30.7 | In |
Call | NVS Option Call 17-01-2025 80 | 10 | 2025-01-17 | 28.5 - 33.0 | 30.0 | In |
Call | NVS Option Call 17-01-2025 85 | 2 | 2025-01-17 | 20.5 - 21.1 | 18.96 | In |
Call | NVS Option Call 17-01-2025 87 | 22 | 2025-01-17 | 15.1 - 16.0 | 22.7 | In |
Call | NVS Option Call 17-01-2025 90 | 326 | 2025-01-17 | 0.0 - 0.0 | 15.71 | In |
Call | NVS Option Call 17-01-2025 92 | 210 | 2025-01-17 | 0.0 - 0.0 | 13.0 | In |
Call | NVS Option Call 17-01-2025 95 | 223 | 2025-01-17 | 0.0 - 0.0 | 6.7 | In |
Call | NVS Option Call 17-01-2025 97 | 298 | 2025-01-17 | 0.0 - 0.0 | 4.7 | In |
Call | NVS Option Call 17-01-2025 100 | 533 | 2025-01-17 | 0.0 - 0.0 | 2.75 | Out |
Call | NVS Option Call 17-01-2025 105 | 2065 | 2025-01-17 | 0.0 - 0.0 | 0.75 | Out |
Call | NVS Option Call 17-01-2025 110 | 1485 | 2025-01-17 | 0.0 - 0.0 | 0.25 | Out |
Call | NVS Option Call 17-01-2025 115 | 627 | 2025-01-17 | 0.0 - 0.0 | 0.08 | Out |
Call | NVS Option Call 17-01-2025 120 | 1051 | 2025-01-17 | 0.0 - 0.0 | 0.08 | Out |
Call | NVS Option Call 17-01-2025 125 | 624 | 2025-01-17 | 0.0 - 0.0 | 0.04 | Out |
Call | NVS Option Call 17-01-2025 130 | 422 | 2025-01-17 | 0.0 - 0.1 | 0.2 | Out |
Call | NVS Option Call 17-01-2025 135 | 308 | 2025-01-17 | 0.0 - 0.3 | 0.21 | Out |
Call | NVS Option Call 17-01-2025 140 | 360 | 2025-01-17 | 0.0 - 0.0 | 0.1 | Out |
Call | NVS Option Call 17-01-2025 145 | 84 | 2025-01-17 | 0.0 - 0.75 | 0.1 | Out |
Call | NVS Option Call 17-01-2025 150 | 7 | 2025-01-17 | 0.0 - 1.4 | 0.3 | Out |
Call | NVS Option Call 17-01-2025 155 | 4 | 2025-01-17 | 0.0 - 0.25 | 0.15 | Out |
Call | NVS Option Call 17-01-2025 160 | 15 | 2025-01-17 | 0.0 - 0.75 | 0.2 | Out |
Call | NVS Option Call 17-01-2025 165 | 5 | 2025-01-17 | 0.0 - 1.2 | 0.06 | Out |
Put | NVS Option Put 17-01-2025 37 | 245 | 2025-01-17 | 0.0 - 0.25 | 0.2 | Out |
Put | NVS Option Put 17-01-2025 42 | 5 | 2025-01-17 | 0.0 - 4.0 | 1.0 | Out |
Put | NVS Option Put 17-01-2025 47 | 499 | 2025-01-17 | 0.0 - 0.1 | 0.05 | Out |
Put | NVS Option Put 17-01-2025 50 | 12 | 2025-01-17 | 0.0 - 0.2 | 0.15 | Out |
Put | NVS Option Put 17-01-2025 55 | 480 | 2025-01-17 | 0.0 - 0.25 | 0.1 | Out |
Put | NVS Option Put 17-01-2025 60 | 10 | 2025-01-17 | 0.0 - 0.1 | 0.05 | Out |
Put | NVS Option Put 17-01-2025 65 | 810 | 2025-01-17 | 0.0 - 0.1 | 0.05 | Out |
Put | NVS Option Put 17-01-2025 67 | 32 | 2025-01-17 | 0.0 - 0.0 | 0.9 | Out |
Put | NVS Option Put 17-01-2025 70 | 313 | 2025-01-17 | 0.0 - 0.0 | 0.04 | Out |
Put | NVS Option Put 17-01-2025 72 | 1 | 2025-01-17 | 0.0 - 0.0 | 1.15 | Out |
Put | NVS Option Put 17-01-2025 75 | 222 | 2025-01-17 | 0.0 - 0.2 | 0.2 | Out |
Put | NVS Option Put 17-01-2025 77 | 244 | 2025-01-17 | 0.7 - 2.2 | 1.2 | Out |
Put | NVS Option Put 17-01-2025 80 | 178 | 2025-01-17 | 0.0 - 0.0 | 0.29 | Out |
Put | NVS Option Put 17-01-2025 82 | 251 | 2025-01-17 | 0.0 - 0.0 | 2.35 | Out |
Put | NVS Option Put 17-01-2025 85 | 626 | 2025-01-17 | 0.0 - 0.0 | 0.1 | Out |
Put | NVS Option Put 17-01-2025 87 | 107 | 2025-01-17 | 0.0 - 0.0 | 0.17 | Out |
Put | NVS Option Put 17-01-2025 90 | 313 | 2025-01-17 | 0.0 - 0.0 | 0.15 | Out |
Put | NVS Option Put 17-01-2025 92 | 925 | 2025-01-17 | 0.0 - 0.0 | 0.3 | Out |
Put | NVS Option Put 17-01-2025 95 | 327 | 2025-01-17 | 0.0 - 0.0 | 0.5 | Out |
Put | NVS Option Put 17-01-2025 97 | 1020 | 2025-01-17 | 0.0 - 0.0 | 0.76 | Out |
Put | NVS Option Put 17-01-2025 100 | 552 | 2025-01-17 | 0.0 - 0.0 | 1.65 | In |
Put | NVS Option Put 17-01-2025 105 | 1145 | 2025-01-17 | 0.0 - 0.0 | 4.8 | In |
Put | NVS Option Put 17-01-2025 110 | 854 | 2025-01-17 | 0.0 - 0.0 | 8.25 | In |
Put | NVS Option Put 17-01-2025 115 | 15 | 2025-01-17 | 0.0 - 0.0 | 12.08 | In |
Put | NVS Option Put 17-01-2025 120 | 0 | 2025-01-17 | 0.0 - 0.0 | 17.1 | In |
Put | NVS Option Put 17-01-2025 125 | 0 | 2025-01-17 | 21.5 - 24.8 | 18.0 | In |
Put | NVS Option Put 17-01-2025 130 | 0 | 2025-01-17 | 25.9 - 29.8 | 23.02 | In |
Novartis Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
| Timeline |
Novartis Market Cap Over Time
Market Cap |
| Timeline |
Novartis Total Stockholder Equity
Total Stockholder Equity |
|
Novartis Corporate Directors
| Ton Buechner | Non-Executive Independent Director | Profile | |
| Frans Houten | Non-Executive Independent Director | Profile | |
| Nancy Andrews | Non-Executive Independent Director | Profile | |
| Elizabeth Doherty | Non-Executive Independent Director | Profile |
Additional Tools for Novartis Stock Analysis
When running Novartis' price analysis, check to measure Novartis' 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 Novartis is operating at the current time. Most of Novartis' value examination focuses on studying past and present price action to predict the probability of Novartis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novartis' price. Additionally, you may evaluate how the addition of Novartis to your portfolios can decrease your overall portfolio volatility.