THR Option Call 20-12-2024 30 Option on Thermon Group Holdings

THR Stock  USD 32.32  0.40  1.25%   
THR Option Call 20-12-2024 30 is a CALL option contract on Thermon Group's common stock with a strick price of 30.0 expiring on 2024-12-20. The contract was last traded on 2024-11-29 at 10:37:14 for $2.5 and, as of today, has 9 days remaining before the expiration. The option is currently trading at a bid price of $1.05, and an ask price of $5.9. The implied volatility as of the 11th of December 2024 is 9.0.
  
Call options on Thermon Group give the investor right to buy Thermon Stock at a specified price within a specific period. If Thermon Group's price is above the strike price at expiry, the profit is the current Thermon Group's stock price, minus the strike price and the premium.

Rule 16 of 2024-12-20 Option Contract

The options market is anticipating that Thermon Group Holdings will have an average daily up or down price movement of about 0.043% per day over the life of the option. With Thermon Group trading at USD 32.32, that is roughly USD 0.0139. If you think that the market is fully understating Thermon Group's daily price movement you should consider buying Thermon Group Holdings options at that current volatility level of 0.69%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call Option on Thermon Group

An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Thermon Group positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Thermon Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract NameTHR Option Call 20-12-2024 30
Expires On2024-12-20
Days Before Expriration9
Last Traded On2024-11-29 10:37:14
Open Interest1
Current Trading Volume1.0
Strike Price30.0
Last Traded At2.5
Current Price Spread1.05 | 5.9
Rule 16 Daily Up or DownUSD 0.0139

Thermon long CALL Option Payoff at expiration

Buying Thermon Group's call option is the simplest of option trades. A call option on Thermon Stock gives investors the right (but not the obligation) to purchase Thermon Group at the given strike price. Therefore Thermon Group's call intrinsic value or payoff at expiration depends on where the Thermon Stock price is relative to the call option strike price. The strike price of 30.0 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and negative (the trade is a loss). Above the strike, the payoff line is upward sloping as the option payoff rises in proportion with Thermon Group's price. Finally, at the break-even point of 30.0, the line crosses zero, and trading Thermon becomes profitable.
   Profit   
       Thermon Group Price At Expiration  

Thermon short CALL Option Payoff at expiration

By selling Thermon Group's call option, the investors signals his or her bearish sentiment. A short position in a call option written on Thermon Group will generally make money when the underlying price goes down. Therefore Thermon Group's call intrinsic value or payoff at expiration depends on where the Thermon Stock price is relative to the call option strike price. The strike price of 30.0 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and positive (the seller makes a profit). Above the strike, the payoff line is downward sloping as the option payoff drops in proportion to Thermon Group's price. Finally, at the break-even point of 30.0, the line crosses zero, and trading Thermon becomes disadvantageous with no downside limits.
   Profit   
       Thermon Group Price At Expiration  
View All Thermon Group Options

Thermon Group Holdings Available Call Options

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 IntExpirationCurrent SpreadLast Price
Call
THR Option Call 20-12-2024 3012024-12-201.05 - 5.92.5In
Call
THR Option Call 20-12-2024 35602024-12-200.0 - 4.20.2Out
Call
THR Option Call 20-12-2024 4092024-12-200.0 - 0.50.09Out

Thermon Group Corporate Directors

Michael PressIndependent DirectorProfile
Kevin McGintyIndependent DirectorProfile
Marcus GeorgeIndependent DirectorProfile
Linda DalgettyIndependent DirectorProfile

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.