Reliance Steel Stock Options
| RS Stock | USD 288.06 3.78 1.33% |
Reliance Steel's latest option contracts expiring on March 21st 2025 are carrying combined implied volatility of 0.43 with a put-to-call open interest ratio of 3.4 over 52 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on March 21st 2025.
Open Interest Against March 21st 2025 Option Contracts
Reliance Steel 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 Reliance Steel's lending market. For example, when Reliance Steel's 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 Reliance Steel, he or she must hedge the risk by shorting Reliance Steel stock over its option's life.
2025-03-21
The chart above shows Reliance Steel'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. Reliance Steel's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Reliance Steel's option, there is no secondary market available for investors to trade.
Reliance Steel Maximum Pain Price Across 2025-03-21 Option Contracts
Max pain occurs when Reliance Steel's market makers reach a net positive position across all Reliance Steel's options at a strike price where option holders stand to lose the most money. By contrast, Reliance Steel's option sellers may reap the most after selling more options than buying, causing them to expire worthless.
In The Money vs. Out of Money Option Contracts on Reliance Steel
Analyzing Reliance Steel's in-the-money options over time can help investors to take a profitable long position in Reliance Steel regardless of its overall volatility. This is especially true when Reliance Steel's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Reliance Steel's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Reliance Steel's stock while costing only a fraction of its price.
Reliance Steel Aluminum In The Money Call Balance
When Reliance Steel's strike price is surpassing the current stock price, the option contract against Reliance Steel Aluminum stock is said to be in the money. When it comes to buying Reliance Steel'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 Reliance Steel Aluminum 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.
Reliance Current Options Market Mood
Reliance Steel'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 Reliance 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 Reliance Steel'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. Reliance Steel'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 Reliance contract
Base on the Rule 16, the options market is currently suggesting that Reliance Steel Aluminum will have an average daily up or down price movement of about 0.0269% per day over the life of the 2025-03-21 option contract. With Reliance Steel trading at USD 288.06, that is roughly USD 0.0774. If you think that the market is fully incorporating Reliance Steel's daily price movement you should consider buying Reliance Steel Aluminum options at the current volatility level of 0.43%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
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Purchasing Reliance Steel 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" Reliance calls. Remember, the seller must deliver Reliance Steel Aluminum stock to the call owner when a call is exercised.
Reliance Steel Option Chain
When Reliance Steel's strike price is surpassing the current stock price, the option contract against Reliance Steel Aluminum 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.
Reliance Steel's option chain is a display of a range of information that helps investors for ways to trade options on Reliance. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Reliance. It also shows strike prices and maturity days for a Reliance Steel 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 | Strike Price | Current Spread | Last Price | |||
Call | RS250321C00240000 | 5 | 240.0 | 49.5 - 52.3 | 71.0 | In |
Call | RS250321C00250000 | 11 | 250.0 | 39.3 - 42.8 | 38.2 | In |
Call | RS250321C00260000 | 9 | 260.0 | 31.0 - 33.7 | 35.4 | In |
Call | RS250321C00270000 | 31 | 270.0 | 22.9 - 26.0 | 16.36 | In |
Call | RS250321C00280000 | 16 | 280.0 | 16.0 - 18.6 | 15.5 | In |
Call | RS250321C00290000 | 26 | 290.0 | 9.2 - 13.4 | 7.18 | Out |
Call | RS250321C00300000 | 5 | 300.0 | 4.8 - 9.0 | 3.4 | Out |
Call | RS250321C00310000 | 24 | 310.0 | 1.75 - 5.6 | 1.65 | Out |
Call | RS250321C00320000 | 17 | 320.0 | 0.15 - 4.1 | 18.9 | Out |
Call | RS250321C00330000 | 53 | 330.0 | 0.35 - 2.9 | 9.4 | Out |
Call | RS250321C00340000 | 22 | 340.0 | 0.15 - 2.75 | 11.4 | Out |
Call | RS250321C00350000 | 22 | 350.0 | 0.05 - 1.5 | 0.74 | Out |
Call | RS250321C00360000 | 2 | 360.0 | 0.0 - 1.2 | 3.9 | Out |
Call | RS250321C00370000 | 6 | 370.0 | 0.0 - 1.5 | 2.65 | Out |
Call | RS250321C00380000 | 12 | 380.0 | 0.0 - 1.45 | 1.65 | Out |
Call | RS250321C00390000 | 13 | 390.0 | 0.0 - 0.75 | 1.01 | Out |
Call | RS250321C00400000 | 5 | 400.0 | 0.0 - 1.4 | 0.19 | Out |
Call | RS250321C00410000 | 0 | 410.0 | 0.0 - 1.4 | 1.4 | |
Call | RS250321C00420000 | 0 | 420.0 | 0.0 - 1.4 | 1.4 | |
Call | RS250321C00430000 | 0 | 430.0 | 0.0 - 1.4 | 1.4 | |
Call | RS250321C00440000 | 0 | 440.0 | 0.0 - 1.4 | 1.4 | |
Call | RS250321C00450000 | 32 | 450.0 | 0.0 - 0.4 | 0.1 | Out |
Call | RS250321C00460000 | 10 | 460.0 | 0.0 - 1.35 | 0.3 | Out |
Call | RS250321C00470000 | 0 | 470.0 | 0.0 - 1.35 | 1.35 | |
Call | RS250321C00480000 | 0 | 480.0 | 0.0 - 1.35 | 1.35 | |
Call | RS250321C00490000 | 0 | 490.0 | 0.0 - 1.35 | 1.35 | |
Call | RS250321C00500000 | 0 | 500.0 | 0.0 - 1.35 | 1.35 | |
Put | RS250321P00155000 | 967 | 155.0 | 0.0 - 1.5 | 0.65 | Out |
Put | RS250321P00185000 | 1 | 185.0 | 0.0 - 2.75 | 1.25 | Out |
Put | RS250321P00190000 | 1 | 190.0 | 0.0 - 2.8 | 0.88 | Out |
Put | RS250321P00195000 | 5 | 195.0 | 0.0 - 2.8 | 3.15 | Out |
Put | RS250321P00210000 | 18 | 210.0 | 0.0 - 2.6 | 1.9 | Out |
Put | RS250321P00220000 | 15 | 220.0 | 0.2 - 1.5 | 1.9 | Out |
Put | RS250321P00230000 | 1 | 230.0 | 0.1 - 2.9 | 2.7 | Out |
Put | RS250321P00240000 | 5 | 240.0 | 0.4 - 3.3 | 3.5 | Out |
Put | RS250321P00250000 | 1 | 250.0 | 0.15 - 3.9 | 8.8 | Out |
Put | RS250321P00260000 | 14 | 260.0 | 1.0 - 5.1 | 4.65 | Out |
Put | RS250321P00270000 | 7 | 270.0 | 2.75 - 7.0 | 12.6 | Out |
Put | RS250321P00280000 | 29 | 280.0 | 5.6 - 10.0 | 4.9 | Out |
Put | RS250321P00290000 | 5 | 290.0 | 9.9 - 14.0 | 6.9 | In |
Put | RS250321P00300000 | 19 | 300.0 | 16.5 - 19.3 | 32.0 | In |
Put | RS250321P00320000 | 2 | 320.0 | 31.1 - 35.0 | 49.0 | In |
Put | RS250321P00410000 | 0 | 410.0 | 119.9 - 124.5 | 119.9 | In |
Put | RS250321P00420000 | 0 | 420.0 | 129.6 - 134.5 | 133.4 | In |
Put | RS250321P00430000 | 0 | 430.0 | 139.6 - 144.5 | 139.6 | In |
Put | RS250321P00440000 | 0 | 440.0 | 149.6 - 154.5 | 149.6 | In |
Put | RS250321P00450000 | 0 | 450.0 | 159.6 - 164.5 | 160.8 | In |
Put | RS250321P00460000 | 0 | 460.0 | 169.6 - 174.5 | 169.6 | In |
Put | RS250321P00470000 | 0 | 470.0 | 179.6 - 184.5 | 179.6 | In |
Put | RS250321P00480000 | 0 | 480.0 | 189.6 - 194.5 | 189.6 | In |
Put | RS250321P00490000 | 0 | 490.0 | 199.5 - 204.4 | 199.5 | In |
Put | RS250321P00500000 | 0 | 500.0 | 209.6 - 214.5 | 209.6 | In |
Reliance Steel Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
| Timeline |
Reliance Steel Market Cap Over Time
Market Cap |
| Timeline |
Reliance Total Stockholder Equity
Total Stockholder Equity |
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Reliance Steel Corporate Directors
| Andrew Sharkey | Independent Director | Profile | |
| Robert McEvoy | Independent Director | Profile | |
| John Figueroa | Independent Director | Profile | |
| Douglas Stotlar | Independent Director | Profile |
Additional Tools for Reliance Stock Analysis
When running Reliance Steel's price analysis, check to measure Reliance Steel'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 Reliance Steel is operating at the current time. Most of Reliance Steel's value examination focuses on studying past and present price action to predict the probability of Reliance Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reliance Steel's price. Additionally, you may evaluate how the addition of Reliance Steel to your portfolios can decrease your overall portfolio volatility.