OI Option Call 20-12-2024 12 Option on O I Glass
OI Stock | USD 11.73 0.07 0.59% |
OI Option Call 20-12-2024 12 is a CALL option contract on O I's common stock with a strick price of 12.0 expiring on 2024-12-20. The contract was last traded on 2024-11-14 at 13:36:01 for $1.25 and, as of today, has 9 days remaining before the expiration. The option is currently trading at a bid price of $0.15, and an ask price of $0.3. The implied volatility as of the 11th of December 2024 is 9.0.
O I |
The strike price represents the predetermined price at which a call buyer can buy O I Stock. Call options may be purchased for speculation or sold for income purposes, or simply combined for various spread or combination strategies. If O I's price is above the strike price at expiry, the profit is the current O I's stock price, minus the strike price and the premium.
Rule 16 of 2024-12-20 Option Contract
The options market is anticipating that O I Glass will have an average daily up or down price movement of about 0.0319% per day over the life of the option. With O I trading at USD 11.73, that is roughly USD 0.003737. If you think that the market is fully understating O I's daily price movement you should consider buying O I Glass options at that current volatility level of 0.51%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Call Option on O I
An 'Out of The Money' option on O I has a strike price that O I Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for O I's 'Out of The Money' options include buying the options if you expect a big move in O I's stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Call Contract Name | OI Option Call 20-12-2024 12 |
Expires On | 2024-12-20 |
Days Before Expriration | 9 |
Last Traded On | 2024-11-14 13:36:01 |
Open Interest | 20 |
Current Trading Volume | 18.0 |
Strike Price | 12.0 |
Last Traded At | 1.25 |
Current Price Spread | 0.15 | 0.3 |
Rule 16 Daily Up or Down | USD 0.003737 |
O I long CALL Option Payoff at expiration
Buying O I's call option is the simplest of option trades. A call option on O I Stock gives investors the right (but not the obligation) to purchase O I at the given strike price. Therefore O I's call intrinsic value or payoff at expiration depends on where the O I Stock price is relative to the call option strike price. The strike price of 12.0 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 O I's price. Finally, at the break-even point of 12.0, the line crosses zero, and trading O I becomes profitable.
Profit |
O I Price At Expiration |
O I short CALL Option Payoff at expiration
By selling O I's call option, the investors signals his or her bearish sentiment. A short position in a call option written on O I will generally make money when the underlying price goes down. Therefore O I's call intrinsic value or payoff at expiration depends on where the O I Stock price is relative to the call option strike price. The strike price of 12.0 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 O I's price. Finally, at the break-even point of 12.0, the line crosses zero, and trading O I becomes disadvantageous with no downside limits.
Profit |
O I Price At Expiration |
O I Glass Available Call Options
O I's option chain is a display of a range of information that helps investors for ways to trade options on O I. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for O I. It also shows strike prices and maturity days for a O I 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 | OI Option Call 20-12-2024 10 | 10 | 2024-12-20 | 1.55 - 2.15 | 2.9 | In |
Call | OI Option Call 20-12-2024 11 | 45 | 2024-12-20 | 0.8 - 1.0 | 0.79 | In |
Call | OI Option Call 20-12-2024 12 | 20 | 2024-12-20 | 0.15 - 0.3 | 1.25 | Out |
Call | OI Option Call 20-12-2024 13 | 145 | 2024-12-20 | 0.0 - 0.15 | 0.1 | Out |
Call | OI Option Call 20-12-2024 14 | 292 | 2024-12-20 | 0.0 - 0.4 | 0.11 | Out |
Call | OI Option Call 20-12-2024 15 | 95 | 2024-12-20 | 0.0 - 0.75 | 0.1 | Out |
O I Corporate Directors
Gordon Hardie | Independent Director | Profile | |
Joseph Rupp | Independent Director | Profile | |
Hari Nair | Independent Director | Profile | |
Alan Murray | Independent Director | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in O I Glass. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Metal, Glass & Plastic Containers 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 O I. If investors know O I 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 O I 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 (0.48) | Earnings Share (2.73) | Revenue Per Share 42.97 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0336 |
The market value of O I Glass is measured differently than its book value, which is the value of O I that is recorded on the company's balance sheet. Investors also form their own opinion of O I's value that differs from its market value or its book value, called intrinsic value, which is O I'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 O I's market value can be influenced by many factors that don't directly affect O I'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 O I's value and its price as these two are different measures arrived at by different means. Investors typically determine if O I is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, O I'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.