null Option on Universal

UVV Stock  USD 53.52  0.01  0.02%   
Universal's latest option contracts expiring on March 21st 2025 are carrying combined implied volatility of 0.64 with a put-to-call open interest ratio of 1.89 over 20 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

Universal 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 Universal's lending market. For example, when Universal'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 Universal, he or she must hedge the risk by shorting Universal stock over its option's life.
The chart above shows Universal'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. Universal's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Universal's option, there is no secondary market available for investors to trade.

Universal Maximum Pain Price Across 2025-03-21 Option Contracts

Max pain occurs when Universal's market makers reach a net positive position across all Universal's options at a strike price where option holders stand to lose the most money. By contrast, Universal'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 Universal

Analyzing Universal's in-the-money options over time can help investors to take a profitable long position in Universal regardless of its overall volatility. This is especially true when Universal's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Universal's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Universal's stock while costing only a fraction of its price.

Universal In The Money Call Balance

When Universal's strike price is surpassing the current stock price, the option contract against Universal stock is said to be in the money. When it comes to buying Universal'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 Universal 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.

Universal Current Options Market Mood

Universal'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 Universal 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 Universal'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. Universal'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 Universal contract

Base on the Rule 16, the options market is currently suggesting that Universal will have an average daily up or down price movement of about 0.04% per day over the life of the 2025-03-21 option contract. With Universal trading at USD 53.52, that is roughly USD 0.0214. If you think that the market is fully incorporating Universal's daily price movement you should consider buying Universal options at the current volatility level of 0.64%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Universal 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" Universal calls. Remember, the seller must deliver Universal stock to the call owner when a call is exercised.

Universal Option Chain

When Universal's strike price is surpassing the current stock price, the option contract against Universal 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.
Universal's option chain is a display of a range of information that helps investors for ways to trade options on Universal. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Universal. It also shows strike prices and maturity days for a Universal 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 IntStrike PriceCurrent SpreadLast Price
Call
UVV250321C00030000030.021.5 - 26.021.5In
Call
UVV250321C00035000035.016.7 - 21.016.7In
Call
UVV250321C00040000040.011.7 - 16.011.7In
Call
UVV250321C00045000045.06.9 - 11.56.9In
Call
UVV250321C00050000150.02.3 - 7.03.59In
Call
UVV250321C00055000455.00.0 - 4.70.7Out
Call
UVV250321C00060000460.00.0 - 1.450.49Out
Call
UVV250321C00065000065.00.0 - 2.752.75Out
Call
UVV250321C00070000070.00.0 - 2.752.75Out
Call
UVV250321C00075000075.00.0 - 2.752.75Out
 Put
UVV250321P00030000030.00.0 - 2.42.4Out
 Put
UVV250321P00035000035.00.0 - 2.452.45Out
 Put
UVV250321P00040000040.00.0 - 4.84.8Out
 Put
UVV250321P000450001345.00.05 - 0.50.5Out
 Put
UVV250321P00050000450.00.15 - 4.81.51Out
 Put
UVV250321P00055000055.00.05 - 4.90.05In
 Put
UVV250321P00060000060.04.0 - 8.74.0In
 Put
UVV250321P00065000065.09.0 - 13.69.0In
 Put
UVV250321P00070000070.014.2 - 18.814.2In
 Put
UVV250321P00075000075.019.5 - 24.019.5In

Universal Market Cap Over Time

   Market Cap   
       Timeline  

Universal Total Stockholder Equity

Total Stockholder Equity

935.27 Million

At this time, Universal's Total Stockholder Equity is fairly stable compared to the past year.

Universal Corporate Directors

Thomas JohnsonLead Independent DirectorProfile
Lennart FreemanIndependent DirectorProfile
Diana CantorIndependent DirectorProfile
Robert SleddIndependent DirectorProfile

Additional Tools for Universal Stock Analysis

When running Universal's price analysis, check to measure Universal'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 Universal is operating at the current time. Most of Universal's value examination focuses on studying past and present price action to predict the probability of Universal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Universal's price. Additionally, you may evaluate how the addition of Universal to your portfolios can decrease your overall portfolio volatility.