Thermon Group Stock Options
| THR Stock | USD 32.33 0.41 1.28% |
Thermon Group's latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 1.4 with a put-to-call open interest ratio of 0.86 over 4 outstanding agreements suggesting investors are buying slightly more calls than puts on contracts expiring on 2024-12-20. The total put volume is at 60.0, with calls trading at the volume of 60.0. This yields a 60.0 put-to-call volume ratio.
In The Money vs. Out of Money Option Contracts on Thermon Group
Analyzing Thermon Group's in-the-money options over time can help investors to take a profitable long position in Thermon Group regardless of its overall volatility. This is especially true when Thermon Group's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Thermon Group's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Thermon Group's stock while costing only a fraction of its price.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thermon Group Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Thermon Group Holdings In The Money Call Balance
When Thermon Group's strike price is surpassing the current stock price, the option contract against Thermon Group Holdings stock is said to be in the money. When it comes to buying Thermon Group'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 Thermon Group Holdings 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.
Thermon Current Options Market Mood
Thermon Group'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 Thermon 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 Thermon Group's options investors are not very successful. Thermon Group'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 Thermon contract
Base on the Rule 16, the options market is currently suggesting that Thermon Group Holdings will have an average daily up or down price movement of about 0.0875% per day over the life of the 2024-12-20 option contract. With Thermon Group trading at USD 32.33, that is roughly USD 0.0283. If you think that the market is fully incorporating Thermon Group's daily price movement you should consider buying Thermon Group Holdings options at the current volatility level of 1.4%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
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Purchasing Thermon Group 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" Thermon calls. Remember, the seller must deliver Thermon Group Holdings stock to the call owner when a call is exercised.
Thermon Group Option Chain
When Thermon Group's strike price is surpassing the current stock price, the option contract against Thermon Group Holdings 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.
Thermon Group's option chain is a display of a range of information that helps investors for ways to trade options on Thermon. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Thermon. It also shows strike prices and maturity days for a Thermon Group 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 | THR Option Call 20-12-2024 30 | 1 | 2024-12-20 | 1.05 - 5.9 | 2.5 | In |
Call | THR Option Call 20-12-2024 35 | 60 | 2024-12-20 | 0.0 - 4.2 | 0.2 | Out |
Call | THR Option Call 20-12-2024 40 | 9 | 2024-12-20 | 0.0 - 0.5 | 0.09 | Out |
Put | THR Option Put 20-12-2024 25 | 60 | 2024-12-20 | 0.0 - 4.1 | 0.75 | Out |
Thermon Group Selling And Marketing Expenses Over Time
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Thermon Group Market Cap Over Time
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Thermon Total Stockholder Equity
Total Stockholder Equity |
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Thermon Group Corporate Directors
| Michael Press | Independent Director | Profile | |
| Kevin McGinty | Independent Director | Profile | |
| Marcus George | Independent Director | Profile | |
| Linda Dalgetty | Independent Director | Profile |
Additional Tools for Thermon Stock Analysis
When running Thermon Group's price analysis, check to measure Thermon Group'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 Thermon Group is operating at the current time. Most of Thermon Group's value examination focuses on studying past and present price action to predict the probability of Thermon Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thermon Group's price. Additionally, you may evaluate how the addition of Thermon Group to your portfolios can decrease your overall portfolio volatility.