ZION241220P00020000 Option on Zions Bancorporation
| ZION Stock | USD 60.52 0.16 0.26% |
Zions Bancorporation's latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 0.32 with a put-to-call open interest ratio of 195.56 over 39 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on 2024-12-20. The total put volume is at 350, with calls trading at the volume of 350. This yields a 0.12 put-to-call volume ratio.
Open Interest Against 2024-12-20 Option Contracts
2024-12-20
The chart above shows Zions Bancorporation'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. Zions Bancorporation's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Zions Bancorporation's option, there is no secondary market available for investors to trade.
Zions Bancorporation's option chain provides insight into all available option contracts written on Zions Bancorporation's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Zions Bancorporation'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 Zions option contract.
In The Money vs. Out of Money Option Contracts on Zions Bancorporation
Analyzing Zions Bancorporation's in-the-money options over time can help investors to take a profitable long position in Zions Bancorporation regardless of its overall volatility. This is especially true when Zions Bancorporation's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Zions Bancorporation's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Zions Bancorporation'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 Zions Bancorporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Please note that buying 'in-the-money' options on Zions Bancorporation lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Zions Bancorporation's value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money Zions Bancorporation contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if Zions Stock moves the wrong way.
Zions Bancorporation In The Money Call Balance
When Zions Bancorporation's strike price is surpassing the current stock price, the option contract against Zions Bancorporation stock is said to be in the money. When it comes to buying Zions Bancorporation'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 Zions Bancorporation 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.
Zions Current Options Market Mood
Zions Bancorporation'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 Zions 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 Zions Bancorporation'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. Zions Bancorporation'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 Zions contract
Base on the Rule 16, the options market is currently suggesting that Zions Bancorporation will have an average daily up or down price movement of about 0.02% per day over the life of the 2024-12-20 option contract. With Zions Bancorporation trading at USD 60.52, that is roughly USD 0.0121. If you think that the market is fully incorporating Zions Bancorporation's daily price movement you should consider buying Zions Bancorporation options at the current volatility level of 0.32%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Zions |
Purchasing Zions Bancorporation 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" Zions calls. Remember, the seller must deliver Zions Bancorporation stock to the call owner when a call is exercised.
Zions Bancorporation Option Chain
When Zions Bancorporation's strike price is surpassing the current stock price, the option contract against Zions Bancorporation 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.
Zions Bancorporation's option chain is a display of a range of information that helps investors for ways to trade options on Zions. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Zions. It also shows strike prices and maturity days for a Zions Bancorporation 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 | ZION Option Call 20-12-2024 27 | 9 | 2024-12-20 | 22.3 - 22.6 | 21.5 | In |
Call | ZION Option Call 20-12-2024 30 | 0 | 2024-12-20 | 0.0 - 0.0 | 29.55 | In |
Call | ZION Option Call 20-12-2024 32 | 0 | 2024-12-20 | 0.0 - 0.0 | 29.0 | In |
Call | ZION Option Call 20-12-2024 35 | 0 | 2024-12-20 | 0.0 - 0.0 | 25.3 | In |
Call | ZION Option Call 20-12-2024 37 | 0 | 2024-12-20 | 0.0 - 0.0 | 22.03 | In |
Call | ZION Option Call 20-12-2024 40 | 0 | 2024-12-20 | 0.0 - 0.0 | 20.05 | In |
Call | ZION Option Call 20-12-2024 42 | 0 | 2024-12-20 | 0.0 - 0.0 | 17.9 | In |
Call | ZION Option Call 20-12-2024 45 | 0 | 2024-12-20 | 0.0 - 0.0 | 15.3 | In |
Call | ZION Option Call 20-12-2024 47 | 0 | 2024-12-20 | 0.0 - 0.0 | 13.2 | In |
Call | ZION Option Call 20-12-2024 50 | 0 | 2024-12-20 | 0.0 - 0.0 | 10.89 | In |
Call | ZION Option Call 20-12-2024 52 | 0 | 2024-12-20 | 0.0 - 0.0 | 8.6 | In |
Call | ZION Option Call 20-12-2024 55 | 0 | 2024-12-20 | 0.0 - 0.0 | 6.1 | In |
Call | ZION Option Call 20-12-2024 57 | 0 | 2024-12-20 | 0.0 - 0.0 | 3.75 | In |
Call | ZION Option Call 20-12-2024 60 | 0 | 2024-12-20 | 0.0 - 0.0 | 2.25 | In |
Call | ZION Option Call 20-12-2024 62 | 0 | 2024-12-20 | 0.0 - 0.0 | 1.13 | |
Call | ZION Option Call 20-12-2024 65 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.45 | |
Call | ZION Option Call 20-12-2024 67 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.21 | |
Call | ZION Option Call 20-12-2024 70 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.27 | |
Call | ZION Option Call 20-12-2024 75 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Put | ZION Option Put 20-12-2024 20 | 9 | 2024-12-20 | 0.0 - 0.25 | 0.12 | Out |
Put | ZION Option Put 20-12-2024 22 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Put | ZION Option Put 20-12-2024 25 | 425 | 2024-12-20 | 0.0 - 0.85 | 0.05 | Out |
Put | ZION Option Put 20-12-2024 27 | 40 | 2024-12-20 | 0.05 - 0.35 | 0.46 | Out |
Put | ZION Option Put 20-12-2024 30 | 1286 | 2024-12-20 | 0.05 - 0.35 | 0.35 | Out |
Put | ZION Option Put 20-12-2024 32 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Put | ZION Option Put 20-12-2024 35 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.03 | |
Put | ZION Option Put 20-12-2024 37 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.06 | |
Put | ZION Option Put 20-12-2024 40 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Put | ZION Option Put 20-12-2024 42 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.17 | |
Put | ZION Option Put 20-12-2024 45 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.13 | |
Put | ZION Option Put 20-12-2024 47 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.15 | |
Put | ZION Option Put 20-12-2024 50 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.1 | |
Put | ZION Option Put 20-12-2024 52 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.18 | |
Put | ZION Option Put 20-12-2024 55 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.34 | |
Put | ZION Option Put 20-12-2024 57 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.65 | |
Put | ZION Option Put 20-12-2024 60 | 0 | 2024-12-20 | 0.0 - 0.0 | 1.45 | |
Put | ZION Option Put 20-12-2024 62 | 0 | 2024-12-20 | 0.0 - 0.0 | 2.75 | In |
Put | ZION Option Put 20-12-2024 65 | 0 | 2024-12-20 | 0.0 - 0.0 | 5.8 | In |
Put | ZION Option Put 20-12-2024 67 | 0 | 2024-12-20 | 0.0 - 0.0 | 6.4 | In |
Zions Bancorporation Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
| Timeline |
Zions Total Stockholder Equity
Total Stockholder Equity |
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Zions Bancorporation Corporate Executives
Elected by the shareholders, the Zions Bancorporation's board of directors comprises two types of representatives: Zions Bancorporation inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Zions. The board's role is to monitor Zions Bancorporation's management team and ensure that shareholders' interests are well served. Zions Bancorporation'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, Zions Bancorporation's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ryan Richards | Executive CFO | Profile |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Zions Bancorporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in Zions Stock, please use our How to Invest in Zions Bancorporation guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Regional Banks 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 Zions Bancorporation. If investors know Zions 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 Zions Bancorporation 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 0.212 | Dividend Share 1.64 | Earnings Share 4.39 | Revenue Per Share 20.433 | Quarterly Revenue Growth 0.076 |
The market value of Zions Bancorporation is measured differently than its book value, which is the value of Zions that is recorded on the company's balance sheet. Investors also form their own opinion of Zions Bancorporation's value that differs from its market value or its book value, called intrinsic value, which is Zions Bancorporation'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 Zions Bancorporation's market value can be influenced by many factors that don't directly affect Zions Bancorporation'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 Zions Bancorporation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zions Bancorporation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zions Bancorporation'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.