Sonic Automotive Stock Options
| SAH Stock | USD 68.31 0.02 0.03% |
Sonic Automotive's latest option contracts expiring on February 21st 2025 are carrying combined implied volatility of 0.74 with a put-to-call open interest ratio of 0.18 over 25 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on February 21st 2025.
Open Interest Against February 21st 2025 Option Contracts
2025-02-21
The chart above shows Sonic Automotive'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. Sonic Automotive's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Sonic Automotive's option, there is no secondary market available for investors to trade.
Sonic Automotive Maximum Pain Price Across 2025-02-21 Option Contracts
Sonic Automotive's max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, 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 Sonic Automotive
Analyzing Sonic Automotive's in-the-money options over time can help investors to take a profitable long position in Sonic Automotive regardless of its overall volatility. This is especially true when Sonic Automotive's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Sonic Automotive's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Sonic Automotive's stock while costing only a fraction of its price.
Sonic Automotive In The Money Call Balance
When Sonic Automotive's strike price is surpassing the current stock price, the option contract against Sonic Automotive stock is said to be in the money. When it comes to buying Sonic Automotive'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 Sonic Automotive 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.
Sonic Current Options Market Mood
Sonic Automotive'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 Sonic 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 Sonic Automotive's options investors are not very successful. Sonic Automotive'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 Sonic contract
Base on the Rule 16, the options market is currently suggesting that Sonic Automotive will have an average daily up or down price movement of about 0.0463% per day over the life of the 2025-02-21 option contract. With Sonic Automotive trading at USD 68.31, that is roughly USD 0.0316. If you think that the market is fully incorporating Sonic Automotive's daily price movement you should consider buying Sonic Automotive options at the current volatility level of 0.74%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Sonic |
Purchasing Sonic Automotive 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" Sonic calls. Remember, the seller must deliver Sonic Automotive stock to the call owner when a call is exercised.
Sonic Automotive Option Chain
When Sonic Automotive's strike price is surpassing the current stock price, the option contract against Sonic Automotive 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.
Sonic Automotive's option chain is a display of a range of information that helps investors for ways to trade options on Sonic. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Sonic. It also shows strike prices and maturity days for a Sonic Automotive 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 | SAH250221C00050000 | 100 | 50.0 | 16.5 - 21.4 | 9.0 | In |
Call | SAH250221C00055000 | 30 | 55.0 | 11.5 - 16.3 | 15.0 | In |
Call | SAH250221C00060000 | 0 | 60.0 | 7.0 - 11.8 | 7.0 | In |
Call | SAH250221C00065000 | 0 | 65.0 | 3.1 - 7.9 | 2.75 | In |
Call | SAH250221C00070000 | 1 | 70.0 | 0.5 - 4.7 | 2.0 | Out |
Call | SAH250221C00075000 | 2 | 75.0 | 0.0 - 4.8 | 1.7 | Out |
Call | SAH250221C00080000 | 4 | 80.0 | 0.0 - 4.8 | 1.55 | Out |
Call | SAH250221C00085000 | 1 | 85.0 | 0.0 - 4.8 | 0.9 | Out |
Call | SAH250221C00090000 | 2 | 90.0 | 0.0 - 4.8 | 0.5 | Out |
Call | SAH250221C00095000 | 396 | 95.0 | 0.05 - 3.0 | 0.05 | Out |
Call | SAH250221C00100000 | 9 | 100.0 | 0.0 - 4.8 | 0.5 | Out |
Put | SAH250221P00035000 | 1 | 35.0 | 0.0 - 4.8 | 0.85 | Out |
Put | SAH250221P00040000 | 3 | 40.0 | 0.0 - 4.8 | 1.29 | Out |
Put | SAH250221P00045000 | 39 | 45.0 | 0.0 - 4.8 | 1.0 | Out |
Put | SAH250221P00050000 | 1 | 50.0 | 0.0 - 0.6 | 2.1 | Out |
Put | SAH250221P00055000 | 1 | 55.0 | 0.0 - 4.8 | 4.9 | Out |
Put | SAH250221P00060000 | 50 | 60.0 | 0.2 - 4.6 | 1.5 | Out |
Put | SAH250221P00065000 | 1 | 65.0 | 0.0 - 4.8 | 2.5 | Out |
Put | SAH250221P00070000 | 0 | 70.0 | 1.55 - 6.4 | 1.55 | In |
Put | SAH250221P00075000 | 0 | 75.0 | 5.1 - 9.9 | 5.1 | In |
Put | SAH250221P00080000 | 0 | 80.0 | 9.5 - 14.3 | 9.5 | In |
Put | SAH250221P00085000 | 0 | 85.0 | 14.1 - 19.0 | 14.1 | In |
Put | SAH250221P00090000 | 0 | 90.0 | 19.1 - 24.0 | 19.1 | In |
Put | SAH250221P00095000 | 0 | 95.0 | 24.1 - 29.0 | 24.1 | In |
Put | SAH250221P00100000 | 0 | 100.0 | 29.1 - 34.0 | 29.1 | In |
Sonic Automotive Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
| Timeline |
Sonic Automotive Market Cap Over Time
Market Cap |
| Timeline |
Sonic Total Stockholder Equity
Total Stockholder Equity |
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Sonic Automotive Corporate Directors
| Keri Kaiser | Independent Director | Profile | |
| William Brooks | Director | Profile | |
| Victor Doolan | Independent Director | Profile | |
| Robert Heller | Independent Director | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonic Automotive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more detail on how to invest in Sonic Stock please use our How to Invest in Sonic Automotive guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Automotive Retail 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 Sonic Automotive. If investors know Sonic 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 Sonic Automotive 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 0.109 | Dividend Share 1.2 | Earnings Share 5.64 | Revenue Per Share | Quarterly Revenue Growth (0.04) |
The market value of Sonic Automotive is measured differently than its book value, which is the value of Sonic that is recorded on the company's balance sheet. Investors also form their own opinion of Sonic Automotive's value that differs from its market value or its book value, called intrinsic value, which is Sonic Automotive'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 Sonic Automotive's market value can be influenced by many factors that don't directly affect Sonic Automotive'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 Sonic Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonic Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonic Automotive'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.