ProAssurance Stock Options
| PRA Stock | USD 16.52 0.18 1.08% |
ProAssurance's latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 0.16 with a put-to-call open interest ratio of 0.0 over 2 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2024-12-20. The ProAssurance option chain provides detailed quote and price information for the current ProAssurance option contracts. It shows all of ProAssurance's listed puts, calls, expiration dates, strike prices, and other pricing information.
ProAssurance's option chain provides insight into all available option contracts written on ProAssurance's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of ProAssurance's stock options below provides a detailed picture of the payoff. Comparing vital and dynamic information of various option contracts across diverse expiration periods will help you make an educated decision on your market timing strategies around investing in a given ProAssurance option contract.
In The Money vs. Out of Money Option Contracts on ProAssurance
Analyzing ProAssurance's in-the-money options over time can help investors to take a profitable long position in ProAssurance regardless of its overall volatility. This is especially true when ProAssurance's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money ProAssurance's options could be used as guardians of the underlying stock as they move almost dollar for dollar with ProAssurance's stock while costing only a fraction of its price.
ProAssurance's stock options are financial instruments that give investors the right to buy or sell shares of ProAssurance common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell ProAssurance stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If ProAssurance's stock price goes up or down, the stock options follow.
At present, ProAssurance's Total Stockholder Equity is projected to decrease significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 61.6 M, whereas Liabilities And Stockholders Equity is forecasted to decline to about 3.9 B. ProAssurance Current Options Market Mood
ProAssurance'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 ProAssurance 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 Volume
Most options investors, including buyers and sellers of ProAssurance'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. ProAssurance'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 ProAssurance contract
Base on the Rule 16, the options market is currently suggesting that ProAssurance will have an average daily up or down price movement of about 0.01% per day over the life of the 2024-12-20 option contract. With ProAssurance trading at USD 16.52, that is roughly USD 0.001652. If you think that the market is fully incorporating ProAssurance's daily price movement you should consider buying ProAssurance options at the current volatility level of 0.16%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
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Purchasing ProAssurance 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" ProAssurance calls. Remember, the seller must deliver ProAssurance stock to the call owner when a call is exercised.
ProAssurance Option Chain
When ProAssurance's strike price is surpassing the current stock price, the option contract against ProAssurance 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.
ProAssurance's option chain is a display of a range of information that helps investors for ways to trade options on ProAssurance. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for ProAssurance. It also shows strike prices and maturity days for a ProAssurance 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 | PRA Option Call 20-12-2024 17 | 3 | 2024-12-20 | 0.0 - 0.0 | 0.3 | Out |
Call | PRA Option Call 20-12-2024 20 | 4 | 2024-12-20 | 0.0 - 0.0 | 0.15 | Out |
ProAssurance Market Cap Over Time
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ProAssurance Total Stockholder Equity
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ProAssurance Corporate Directors
| Samuel Piazza | Independent Director | Profile | |
| Frank Spinosa | Independent Director | Profile | |
| Katisha Vance | Independent Director | Profile | |
| Magnus Gorrie | Independent Director | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProAssurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade ProAssurance Stock refer to our How to Trade ProAssurance Stock guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Property & Casualty Insurance 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 ProAssurance. If investors know ProAssurance 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 ProAssurance 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 0.519 | Earnings Share 0.83 | Revenue Per Share 22.73 | Quarterly Revenue Growth 0.034 | Return On Assets 0.0095 |
The market value of ProAssurance is measured differently than its book value, which is the value of ProAssurance that is recorded on the company's balance sheet. Investors also form their own opinion of ProAssurance's value that differs from its market value or its book value, called intrinsic value, which is ProAssurance'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 ProAssurance's market value can be influenced by many factors that don't directly affect ProAssurance'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 ProAssurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProAssurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProAssurance'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.