PetMed Express Stock Options

PETS Stock  USD 6.58  0.02  0.30%   
PetMed Express' latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 2.19 with a put-to-call open interest ratio of 0.19 over 6 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2024-12-20. The total put volume is at 8.0, with calls trading at the volume of 8.0. This yields a 0.09 put-to-call volume ratio.

Open Interest Against 2024-12-20 Option Contracts

PetMed Express 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 PetMed Express' lending market. For example, when PetMed Express' 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 PetMed Express, he or she must hedge the risk by shorting PetMed Express stock over its option's life.
The chart above shows PetMed Express' 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. PetMed Express' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for PetMed Express' option, there is no secondary market available for investors to trade.

In The Money vs. Out of Money Option Contracts on PetMed Express

Analyzing PetMed Express' in-the-money options over time can help investors to take a profitable long position in PetMed Express regardless of its overall volatility. This is especially true when PetMed Express' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money PetMed Express' options could be used as guardians of the underlying stock as they move almost dollar for dollar with PetMed Express' 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 PetMed Express. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy PetMed Stock please use our How to Invest in PetMed Express guide.

PetMed Express In The Money Call Balance

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

PetMed Current Options Market Mood

PetMed Express' 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 PetMed 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 PetMed Express' options investors are not very successful. PetMed Express' 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 PetMed contract

Base on the Rule 16, the options market is currently suggesting that PetMed Express will have an average daily up or down price movement of about 0.14% per day over the life of the 2024-12-20 option contract. With PetMed Express trading at USD 6.58, that is roughly USD 0.009006. If you think that the market is fully incorporating PetMed Express' daily price movement you should consider buying PetMed Express options at the current volatility level of 2.19%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing PetMed Express 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" PetMed calls. Remember, the seller must deliver PetMed Express stock to the call owner when a call is exercised.

PetMed Express Option Chain

When PetMed Express' strike price is surpassing the current stock price, the option contract against PetMed Express 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.
PetMed Express' option chain is a display of a range of information that helps investors for ways to trade options on PetMed. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for PetMed. It also shows strike prices and maturity days for a PetMed Express 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
PETS Option Call 20-12-2024 23582024-12-203.0 - 4.83.9In
Call
PETS Option Call 20-12-2024 518582024-12-201.35 - 1.51.35In
Call
PETS Option Call 20-12-2024 745652024-12-200.15 - 0.250.21Out
 Put
PETS Option Put 20-12-2024 25522024-12-200.0 - 0.250.05Out
 Put
PETS Option Put 20-12-2024 57482024-12-200.0 - 0.10.05Out
 Put
PETS Option Put 20-12-2024 742024-12-201.15 - 1.31.2In

PetMed Express Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

PetMed Total Stockholder Equity

Total Stockholder Equity

80.39 Million

At this time, PetMed Express' Total Stockholder Equity is comparatively stable compared to the past year.

PetMed Express Corporate Management

Additional Tools for PetMed Stock Analysis

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