ODP Corp Stock Options

ODP Stock  USD 28.37  0.29  1.03%   
ODP Corp's latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 0.99 with a put-to-call open interest ratio of 2.2 over 40 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on 2024-12-20. The total put volume is at 124, with calls trading at the volume of 124. This yields a 2.95 put-to-call volume ratio.

Open Interest Against 2024-12-20 Option Contracts

The chart above shows ODP Corp'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. ODP Corp's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for ODP Corp's option, there is no secondary market available for investors to trade.

In The Money vs. Out of Money Option Contracts on ODP Corp

Analyzing ODP Corp's in-the-money options over time can help investors to take a profitable long position in ODP Corp regardless of its overall volatility. This is especially true when ODP Corp's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money ODP Corp's options could be used as guardians of the underlying stock as they move almost dollar for dollar with ODP Corp's stock while costing only a fraction of its price.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ODP 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 unemployment.
To learn how to invest in ODP Stock, please use our How to Invest in ODP Corp guide.

ODP Corp In The Money Call Balance

When ODP Corp's strike price is surpassing the current stock price, the option contract against ODP Corp stock is said to be in the money. When it comes to buying ODP Corp'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 ODP Corp 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.

ODP Current Options Market Mood

ODP Corp'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 ODP 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 ODP Corp's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. ODP Corp'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 ODP contract

Base on the Rule 16, the options market is currently suggesting that ODP Corp will have an average daily up or down price movement of about 0.0619% per day over the life of the 2024-12-20 option contract. With ODP Corp trading at USD 28.37, that is roughly USD 0.0176. If you think that the market is fully incorporating ODP Corp's daily price movement you should consider buying ODP Corp options at the current volatility level of 0.99%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing ODP Corp 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" ODP calls. Remember, the seller must deliver ODP Corp stock to the call owner when a call is exercised.

ODP Corp Option Chain

When ODP Corp's strike price is surpassing the current stock price, the option contract against ODP Corp 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.
ODP Corp's option chain is a display of a range of information that helps investors for ways to trade options on ODP. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for ODP. It also shows strike prices and maturity days for a ODP 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 IntExpirationCurrent SpreadLast Price
Call
ODP Option Call 20-12-2024 2012024-12-208.0 - 12.510.0In
Call
ODP Option Call 20-12-2024 25122024-12-200.0 - 0.01.7In
Call
ODP Option Call 20-12-2024 2642024-12-204.5 - 5.13.1In
Call
ODP Option Call 20-12-2024 2712024-12-200.0 - 0.00.5In
Call
ODP Option Call 20-12-2024 2912024-12-200.0 - 0.00.25Out
Call
ODP Option Call 20-12-2024 30212024-12-200.0 - 0.01.0Out
Call
ODP Option Call 20-12-2024 3112024-12-200.0 - 1.00.45Out
Call
ODP Option Call 20-12-2024 3242024-12-200.0 - 0.751.9Out
Call
ODP Option Call 20-12-2024 3312024-12-200.0 - 1.01.5Out
Call
ODP Option Call 20-12-2024 3432024-12-200.0 - 0.00.08Out
Call
ODP Option Call 20-12-2024 3502024-12-200.0 - 1.00.1Out
Call
ODP Option Call 20-12-2024 3732024-12-200.0 - 0.750.74Out
Call
ODP Option Call 20-12-2024 40202024-12-200.0 - 0.750.25Out
Call
ODP Option Call 20-12-2024 4522024-12-200.0 - 0.01.75Out
Call
ODP Option Call 20-12-2024 50142024-12-200.0 - 0.00.9Out
Call
ODP Option Call 20-12-2024 55182024-12-200.0 - 1.250.05Out
Call
ODP Option Call 20-12-2024 60142024-12-200.0 - 0.00.05Out
Call
ODP Option Call 20-12-2024 6522024-12-200.0 - 0.00.05Out
Call
ODP Option Call 20-12-2024 7062024-12-200.0 - 0.01.15Out
Call
ODP Option Call 20-12-2024 7562024-12-200.7 - 1.31.95Out
Call
ODP Option Call 20-12-2024 8012024-12-200.0 - 0.00.7Out
 Put
ODP Option Put 20-12-2024 1712024-12-200.0 - 0.90.4Out
 Put
ODP Option Put 20-12-2024 1812024-12-200.0 - 2.70.45Out
 Put
ODP Option Put 20-12-2024 2022024-12-200.0 - 0.00.12Out
 Put
ODP Option Put 20-12-2024 23142024-12-200.0 - 0.00.1Out
 Put
ODP Option Put 20-12-2024 24482024-12-200.0 - 0.00.3Out
 Put
ODP Option Put 20-12-2024 251382024-12-200.0 - 0.01.2Out
 Put
ODP Option Put 20-12-2024 2622024-12-200.0 - 0.80.6Out
 Put
ODP Option Put 20-12-2024 27112024-12-200.0 - 0.00.95Out
 Put
ODP Option Put 20-12-2024 2812024-12-200.0 - 4.81.45Out
 Put
ODP Option Put 20-12-2024 30372024-12-200.0 - 0.03.45In
 Put
ODP Option Put 20-12-2024 3112024-12-202.55 - 7.01.78In
 Put
ODP Option Put 20-12-2024 3212024-12-203.6 - 7.92.4In
 Put
ODP Option Put 20-12-2024 35342024-12-203.9 - 8.51.15In
 Put
ODP Option Put 20-12-2024 4002024-12-209.0 - 13.54.57In
 Put
ODP Option Put 20-12-2024 4512024-12-202.4 - 3.54.6In
 Put
ODP Option Put 20-12-2024 5002024-12-2017.2 - 21.510.47In
 Put
ODP Option Put 20-12-2024 5502024-12-2013.6 - 18.56.52In
 Put
ODP Option Put 20-12-2024 6052024-12-207.7 - 10.69.8In
 Put
ODP Option Put 20-12-2024 7002024-12-2019.5 - 24.526.2In

ODP Corp Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

ODP Corp Market Cap Over Time

   Market Cap   
       Timeline  

ODP Total Stockholder Equity

Total Stockholder Equity

1.6 Billion

At this time, ODP Corp's Total Stockholder Equity is relatively stable compared to the past year.

ODP Corp Corporate Management

Additional Tools for ODP Stock Analysis

When running ODP Corp's price analysis, check to measure ODP Corp's 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 ODP Corp is operating at the current time. Most of ODP Corp's value examination focuses on studying past and present price action to predict the probability of ODP Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ODP Corp's price. Additionally, you may evaluate how the addition of ODP Corp to your portfolios can decrease your overall portfolio volatility.