2024-05-17 CALL at $115.0 Option on CRA International
| CRAI Stock | USD 171.07 0.97 0.57% |
2024-05-17 CALL at $115.0 is a CALL option contract on CRA International's common stock with a strick price of 115.0 expiring on 2024-05-17. The contract was last traded on 2024-05-14 at 15:57:23 for $52.45 and, as of today, has 1 days remaining before the expiration. The option is currently trading at a bid price of $50.0, and an ask price of $55.0. The implied volatility as of the 16th of May 2024 is 221.39.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CRA International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more detail on how to invest in CRA Stock please use our How to Invest in CRA International guide.
CRA |
Call options on CRA International give the investor right to buy CRA Stock at a specified price within a specific period. The strike price represents the predetermined price at which a call buyer can buy CRA Stock. Call options may be purchased for speculation or sold for income purposes, or simply combined for various spread or combination strategies. If CRA International's price is above the strike price at expiry, the profit is the current CRA International's stock price, minus the strike price and the premium.
Rule 16 of 2024-05-17 Option Contract
The options market is anticipating that CRA International will have an average daily up or down price movement of about 13.84% per day over the life of the option. With CRA International trading at USD 171.07, that is roughly USD 23.67. If you think that the market is fully understating CRA International's daily price movement you should consider buying CRA International options at that current volatility level of 221.39%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Call Option on CRA International
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 CRA International 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 CRA 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 | 2024-05-17 CALL at $115.0 |
| Expires On | 2024-05-17 |
| Days Before Expriration | 1 |
| Last Traded On | 2024-05-14 15:57:23 |
| Contract Period | MONTHLY |
| Open Interest | 1 |
| Current Trading Volume | 0.0 |
| Strike Price | 115.0 |
| Last Traded At | 52.45 |
| Current Price Spread | 50.0 | 55.0 |
| Rule 16 Daily Up or Down | USD23.67 |
CRA short CALL Option Greeks
CRA International's Option Greeks for the contract ending on 2024-05-17 at a strike price of 115.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to CRA International's option greeks, its implied volatility helps estimate the risk of CRA International stock implied by the prices of the options on CRA International's stock.
| Delta | 0.9911 | |
| Gamma | 9.0E-4 | |
| Theta | -0.1762 | |
| Vega | 0.003 | |
| Rho | 0.0062 |
CRA long CALL Option Payoff at expiration
Buying CRA International's call option is the simplest of option trades. A call option on CRA Stock gives investors the right (but not the obligation) to purchase CRA International at the given strike price. Therefore CRA International's call intrinsic value or payoff at expiration depends on where the CRA Stock price is relative to the call option strike price. The strike price of 115.0 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 CRA International's price. Finally, at the break-even point of 167.45, the line crosses zero, and trading CRA becomes profitable.
Profit |
| CRA International Price At Expiration |
CRA short CALL Option Payoff at expiration
By selling CRA International's call option, the investors signals his or her bearish sentiment. A short position in a call option written on CRA International will generally make money when the underlying price goes down. Therefore CRA International's call intrinsic value or payoff at expiration depends on where the CRA Stock price is relative to the call option strike price. The strike price of 115.0 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 CRA International's price. Finally, at the break-even point of 167.45, the line crosses zero, and trading CRA becomes disadvantageous with no downside limits.
Profit |
| CRA International Price At Expiration |
CRA International Available Call Options
CRA International's option chain is a display of a range of information that helps investors for ways to trade options on CRA. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for CRA. It also shows strike prices and maturity days for a CRA International 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.
| Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Call | 2024-05-17 CALL at $55.0 | 0.9678 | 6.0E-4 | 0 | 2024-05-17 | 109.6 - 114.5 | 0.0 | In |
Call | 2024-05-17 CALL at $60.0 | 0.965 | 7.0E-4 | 0 | 2024-05-17 | 104.6 - 109.5 | 0.0 | In |
Call | 2024-05-17 CALL at $65.0 | 0.9621 | 8.0E-4 | 0 | 2024-05-17 | 99.6 - 104.5 | 0.0 | In |
Call | 2024-05-17 CALL at $70.0 | 0.959 | 9.0E-4 | 0 | 2024-05-17 | 94.6 - 99.5 | 0.0 | In |
Call | 2024-05-17 CALL at $75.0 | 0.9558 | 0.001 | 0 | 2024-05-17 | 89.6 - 94.5 | 0.0 | In |
Call | 2024-05-17 CALL at $80.0 | 0.9926 | 4.0E-4 | 0 | 2024-05-17 | 85.0 - 90.0 | 0.0 | In |
Call | 2024-05-17 CALL at $85.0 | 0.992 | 4.0E-4 | 1 | 2024-05-17 | 80.0 - 85.0 | 21.1 | In |
Call | 2024-05-17 CALL at $90.0 | 0.9914 | 5.0E-4 | 0 | 2024-05-17 | 75.0 - 80.0 | 0.0 | In |
Call | 2024-05-17 CALL at $95.0 | 0.9908 | 6.0E-4 | 0 | 2024-05-17 | 70.0 - 75.0 | 0.0 | In |
Call | 2024-05-17 CALL at $100.0 | 0.9901 | 7.0E-4 | 0 | 2024-05-17 | 65.0 - 70.0 | 0.0 | In |
Call | 2024-05-17 CALL at $105.0 | 0.9893 | 8.0E-4 | 0 | 2024-05-17 | 60.0 - 65.0 | 0.0 | In |
Call | 2024-05-17 CALL at $110.0 | 0.9884 | 9.0E-4 | 0 | 2024-05-17 | 55.0 - 60.0 | 0.0 | In |
Call | 2024-05-17 CALL at $115.0 | 0.9911 | 9.0E-4 | 1 | 2024-05-17 | 50.0 - 55.0 | 52.45 | In |
Call | 2024-05-17 CALL at $120.0 | 0.9861 | 0.0013 | 1 | 2024-05-17 | 45.0 - 50.0 | 1.5 | In |
Call | 2024-05-17 CALL at $125.0 | 0.9847 | 0.0016 | 0 | 2024-05-17 | 40.0 - 45.0 | 0.0 | In |
Call | 2024-05-17 CALL at $130.0 | 0.9829 | 0.0021 | 1 | 2024-05-17 | 35.0 - 40.0 | 4.0 | In |
Call | 2024-05-17 CALL at $135.0 | 0.9867 | 0.0021 | 0 | 2024-05-17 | 30.0 - 34.9 | 0.0 | In |
Call | 2024-05-17 CALL at $140.0 | 0.9779 | 0.0035 | 2 | 2024-05-17 | 25.0 - 30.0 | 21.0 | In |
Call | 2024-05-17 CALL at $145.0 | 0.9741 | 0.0048 | 0 | 2024-05-17 | 20.0 - 25.0 | 0.0 | In |
Call | 2024-05-17 CALL at $150.0 | 0.9685 | 0.007 | 0 | 2024-05-17 | 15.0 - 20.0 | 0.0 | In |
Call | 2024-05-17 CALL at $155.0 | 0.9489 | 0.0131 | 1 | 2024-05-17 | 10.1 - 15.0 | 4.45 | In |
Call | 2024-05-17 CALL at $160.0 | 0.9271 | 0.0264 | 1 | 2024-05-17 | 5.1 - 10.0 | 3.05 | In |
Call | 2024-05-17 CALL at $165.0 | 0.7294 | 0.0827 | 0 | 2024-05-17 | 0.6 - 5.5 | 0.0 | In |
Be your own money manager
Our tools can tell you how much better you can do entering a position in CRA International without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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CRA International Corporate Management
Elected by the shareholders, the CRA International's board of directors comprises two types of representatives: CRA International inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CRA. The board's role is to monitor CRA International's management team and ensure that shareholders' interests are well served. CRA International'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, CRA International's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Miguel Herce | Principal | Profile | |
| Elahd Toam | Principal | Profile | |
| Samuel Lynch | Principal | Profile | |
| Cristina Caffarra | VP Practice | Profile | |
| Matthew Johnson | Principal | Profile |
Already Invested in CRA International?
The danger of trading CRA International is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of CRA International is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than CRA International. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile CRA International is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether CRA International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of CRA International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cra International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cra International Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CRA International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more detail on how to invest in CRA Stock please use our How to Invest in CRA International guide.Note that the CRA International information on this page should be used as a complementary analysis to other CRA International's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
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When running CRA International's price analysis, check to measure CRA International'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 CRA International is operating at the current time. Most of CRA International's value examination focuses on studying past and present price action to predict the probability of CRA International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CRA International's price. Additionally, you may evaluate how the addition of CRA International to your portfolios can decrease your overall portfolio volatility.
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Is CRA International's industry 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 CRA International. If investors know CRA 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 CRA International 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 0.585 | Dividend Share 1.56 | Earnings Share 6.11 | Revenue Per Share 92.377 | Quarterly Revenue Growth 0.124 |
The market value of CRA International is measured differently than its book value, which is the value of CRA that is recorded on the company's balance sheet. Investors also form their own opinion of CRA International's value that differs from its market value or its book value, called intrinsic value, which is CRA International'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 CRA International's market value can be influenced by many factors that don't directly affect CRA International'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 CRA International's value and its price as these two are different measures arrived at by different means. Investors typically determine if CRA International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CRA International'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.