ZION Option Call 17-01-2025 7 Option on Zions Bancorporation
ZION Stock | USD 59.46 1.04 1.78% |
ZION Option Call 17-01-2025 7 is a CALL option contract on Zions Bancorporation's common stock with a strick price of 7.5 expiring on 2025-01-17. The contract was last traded on 2023-09-27 at 10:39:58 for $26.4 and, as of today, has 37 days remaining before the expiration. The option is currently trading at a bid price of $22.3, and an ask price of $22.7. The implied volatility as of the 11th of December 2024 is 37.0.
Zions |
The strike price represents the predetermined price at which a call buyer can buy Zions Stock. Call options may be purchased for speculation or sold for income purposes, or simply combined for various spread or combination strategies. If Zions Bancorporation's price is above the strike price at expiry, the profit is the current Zions Bancorporation's stock price, minus the strike price and the premium.
Rule 16 of 2025-01-17 Option Contract
The options market is anticipating that Zions Bancorporation will have an average daily up or down price movement of about 1.0E-6% per day over the life of the option. With Zions Bancorporation trading at USD 59.46, that is roughly USD 0.0. If you think that the market is fully understating Zions Bancorporation's daily price movement you should consider buying Zions Bancorporation options at that current volatility level of 1.0E-5%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Call Option on Zions Bancorporation
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 Zions Bancorporation 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 Zions 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 | ZION Option Call 17-01-2025 7 |
Expires On | 2025-01-17 |
Days Before Expriration | 37 |
Last Traded On | 2023-09-27 10:39:58 |
Open Interest | 5 |
Current Trading Volume | 4.0 |
Strike Price | 7.5 |
Last Traded At | 26.4 |
Current Price Spread | 22.3 | 22.7 |
Zions long CALL Option Payoff at expiration
Buying Zions Bancorporation's call option is the simplest of option trades. A call option on Zions Stock gives investors the right (but not the obligation) to purchase Zions Bancorporation at the given strike price. Therefore Zions Bancorporation's call intrinsic value or payoff at expiration depends on where the Zions Stock price is relative to the call option strike price. The strike price of 7.5 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 Zions Bancorporation's price. Finally, at the break-even point of 7.5, the line crosses zero, and trading Zions becomes profitable.
Profit |
Zions Bancorporation Price At Expiration |
Zions short CALL Option Payoff at expiration
By selling Zions Bancorporation's call option, the investors signals his or her bearish sentiment. A short position in a call option written on Zions Bancorporation will generally make money when the underlying price goes down. Therefore Zions Bancorporation's call intrinsic value or payoff at expiration depends on where the Zions Stock price is relative to the call option strike price. The strike price of 7.5 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 Zions Bancorporation's price. Finally, at the break-even point of 7.5, the line crosses zero, and trading Zions becomes disadvantageous with no downside limits.
Profit |
Zions Bancorporation Price At Expiration |
Zions Bancorporation Available Call Options
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 | 11.5 | In |
Call | ZION Option Call 20-12-2024 50 | 0 | 2024-12-20 | 0.0 - 0.0 | 9.5 | In |
Call | ZION Option Call 20-12-2024 52 | 0 | 2024-12-20 | 0.0 - 0.0 | 6.5 | In |
Call | ZION Option Call 20-12-2024 55 | 0 | 2024-12-20 | 0.0 - 0.0 | 3.75 | In |
Call | ZION Option Call 20-12-2024 57 | 0 | 2024-12-20 | 0.0 - 0.0 | 2.57 | In |
Call | ZION Option Call 20-12-2024 60 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.98 | |
Call | ZION Option Call 20-12-2024 62 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.21 | |
Call | ZION Option Call 20-12-2024 65 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.1 | |
Call | ZION Option Call 20-12-2024 67 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.03 | |
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 |
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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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.