WDFC Option Call 20-12-2024 220 Option on WD 40 Company
WDFC Stock | USD 277.09 2.82 1.03% |
WDFC Option Call 20-12-2024 220 is a CALL option contract on WD 40's common stock with a strick price of 220.0 expiring on 2024-12-20. The contract was last traded on 2024-10-21 at 11:59:33 for $37.2 and, as of today, has 18 days remaining before the expiration. The option is currently trading at a bid price of $60.6, and an ask price of $70.0. The implied volatility as of the 2nd of December is 18.0.
WDFC |
The strike price represents the predetermined price at which a call buyer can buy WDFC Stock. Call options may be purchased for speculation or sold for income purposes, or simply combined for various spread or combination strategies. If WD 40's price is above the strike price at expiry, the profit is the current WD 40's stock price, minus the strike price and the premium.
Rule 16 of 2024-12-20 Option Contract
The options market is anticipating that WD 40 Company will have an average daily up or down price movement of about 0.0778% per day over the life of the option. With WD 40 trading at USD 277.09, that is roughly USD 0.22. If you think that the market is fully understating WD 40's daily price movement you should consider buying WD 40 Company options at that current volatility level of 1.25%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Call Option on WD 40
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 WD 40 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 WDFC 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 Name | WDFC Option Call 20-12-2024 220 |
Expires On | 2024-12-20 |
Days Before Expriration | 18 |
Last Traded On | 2024-10-21 11:59:33 |
Open Interest | 8 |
Current Trading Volume | 10.0 |
Strike Price | 220.0 |
Last Traded At | 37.2 |
Current Price Spread | 60.6 | 70.0 |
Rule 16 Daily Up or Down | USD 0.22 |
WDFC long CALL Option Payoff at expiration
Buying WD 40's call option is the simplest of option trades. A call option on WDFC Stock gives investors the right (but not the obligation) to purchase WD 40 at the given strike price. Therefore WD 40's call intrinsic value or payoff at expiration depends on where the WDFC Stock price is relative to the call option strike price. The strike price of 220.0 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 WD 40's price. Finally, at the break-even point of 220.0, the line crosses zero, and trading WDFC becomes profitable.
Profit |
WD 40 Price At Expiration |
WDFC short CALL Option Payoff at expiration
By selling WD 40's call option, the investors signals his or her bearish sentiment. A short position in a call option written on WD 40 will generally make money when the underlying price goes down. Therefore WD 40's call intrinsic value or payoff at expiration depends on where the WDFC Stock price is relative to the call option strike price. The strike price of 220.0 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 WD 40's price. Finally, at the break-even point of 220.0, the line crosses zero, and trading WDFC becomes disadvantageous with no downside limits.
Profit |
WD 40 Price At Expiration |
WD 40 Company Available Call Options
WD 40's option chain is a display of a range of information that helps investors for ways to trade options on WDFC. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for WDFC. It also shows strike prices and maturity days for a WD 40 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 | WDFC Option Call 20-12-2024 220 | 8 | 2024-12-20 | 60.6 - 70.0 | 37.2 | In |
Call | WDFC Option Call 20-12-2024 250 | 0 | 2024-12-20 | 0.0 - 0.0 | 36.0 | In |
Call | WDFC Option Call 20-12-2024 260 | 2 | 2024-12-20 | 24.1 - 29.8 | 7.6 | In |
Call | WDFC Option Call 20-12-2024 270 | 0 | 2024-12-20 | 0.0 - 0.0 | 8.5 | In |
Call | WDFC Option Call 20-12-2024 280 | 0 | 2024-12-20 | 0.0 - 0.0 | 7.2 | |
Call | WDFC Option Call 20-12-2024 290 | 0 | 2024-12-20 | 0.0 - 0.0 | 5.7 | |
Call | WDFC Option Call 20-12-2024 300 | 0 | 2024-12-20 | 0.0 - 0.0 | 3.48 | |
Call | WDFC Option Call 20-12-2024 310 | 0 | 2024-12-20 | 0.0 - 0.0 | 1.15 | |
Call | WDFC Option Call 20-12-2024 330 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.52 | |
Call | WDFC Option Call 20-12-2024 390 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.7 | |
Call | WDFC Option Call 20-12-2024 410 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.08 |
WD 40 Corporate Executives
Elected by the shareholders, the WD 40's board of directors comprises two types of representatives: WD 40 inside directors who are chosen from within the company, and outside directors, selected externally and held independent of WDFC. The board's role is to monitor WD 40's management team and ensure that shareholders' interests are well served. WD 40's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, WD 40's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jay Rembolt | CFO, VP of Fin. and Treasurer | Profile |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WD 40 Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Household Products 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 WD 40. If investors know WDFC 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 WD 40 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 0.016 | Dividend Share 3.52 | Earnings Share 5.1 | Revenue Per Share 43.571 | Quarterly Revenue Growth 0.111 |
The market value of WD 40 Company is measured differently than its book value, which is the value of WDFC that is recorded on the company's balance sheet. Investors also form their own opinion of WD 40's value that differs from its market value or its book value, called intrinsic value, which is WD 40'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 WD 40's market value can be influenced by many factors that don't directly affect WD 40'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 WD 40's value and its price as these two are different measures arrived at by different means. Investors typically determine if WD 40 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WD 40'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.