Olympic Steel Stock Options
| ZEUS Stock | USD 41.99 0.12 0.29% |
Olympic Steel's latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 1.03 with a put-to-call open interest ratio of 0.15 over 5 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2024-12-20. The total put volume is at 1.0, with calls trading at the volume of 1.0. This yields a 0.04 put-to-call volume ratio.
Olympic Steel's option chain provides insight into all available option contracts written on Olympic Steel's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Olympic Steel's stock options below provides a detailed picture of the payoff. Comparing vital and dynamic information of various option contracts across diverse expiration periods will help you make an educated decision on your market timing strategies around investing in a given Olympic option contract.
In The Money vs. Out of Money Option Contracts on Olympic Steel
Analyzing Olympic Steel's in-the-money options over time can help investors to take a profitable long position in Olympic Steel regardless of its overall volatility. This is especially true when Olympic Steel's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Olympic Steel's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Olympic Steel's stock while costing only a fraction of its price.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Olympic Steel. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
Olympic Steel In The Money Call Balance
When Olympic Steel's strike price is surpassing the current stock price, the option contract against Olympic Steel stock is said to be in the money. When it comes to buying Olympic Steel'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 Olympic Steel 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.
Olympic Current Options Market Mood
Olympic Steel'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 Olympic 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 Olympic Steel's options investors are not very successful. Olympic Steel'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 Olympic contract
Base on the Rule 16, the options market is currently suggesting that Olympic Steel will have an average daily up or down price movement of about 0.0644% per day over the life of the 2024-12-20 option contract. With Olympic Steel trading at USD 41.99, that is roughly USD 0.027. If you think that the market is fully incorporating Olympic Steel's daily price movement you should consider buying Olympic Steel options at the current volatility level of 1.03%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Olympic |
Purchasing Olympic Steel 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" Olympic calls. Remember, the seller must deliver Olympic Steel stock to the call owner when a call is exercised.
Olympic Steel Option Chain
When Olympic Steel's strike price is surpassing the current stock price, the option contract against Olympic Steel 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.
Olympic Steel's option chain is a display of a range of information that helps investors for ways to trade options on Olympic. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Olympic. It also shows strike prices and maturity days for a Olympic Steel 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 | ZEUS Option Call 20-12-2024 35 | 5 | 2024-12-20 | 5.9 - 9.5 | 1.49 | In |
Call | ZEUS Option Call 20-12-2024 40 | 22 | 2024-12-20 | 0.55 - 4.9 | 3.0 | In |
Call | ZEUS Option Call 20-12-2024 45 | 14 | 2024-12-20 | 0.0 - 4.8 | 1.0 | Out |
Call | ZEUS Option Call 20-12-2024 50 | 0 | 2024-12-20 | 0.0 - 4.8 | 0.05 | |
Put | ZEUS Option Put 20-12-2024 40 | 6 | 2024-12-20 | 0.0 - 4.6 | 1.5 | Out |
Olympic Steel Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
| Timeline |
Olympic Total Stockholder Equity
Total Stockholder Equity |
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Olympic Steel Corporate Management
| Lisa Christen | Treasurer Controller | Profile | |
| Ken Sloan | VP HR | Profile | |
| Michelle SPHR | Vice Marketing | Profile | |
| Richard CPA | Chief Officer | Profile |
Additional Tools for Olympic Stock Analysis
When running Olympic Steel's price analysis, check to measure Olympic Steel'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 Olympic Steel is operating at the current time. Most of Olympic Steel's value examination focuses on studying past and present price action to predict the probability of Olympic Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Olympic Steel's price. Additionally, you may evaluate how the addition of Olympic Steel to your portfolios can decrease your overall portfolio volatility.