2024-06-21 CALL at $7.0 Option on Amplify High Income

YYY Etf  USD 12.04  0.04  0.33%   
2024-06-21 CALL at $7.0 is a CALL option contract on Amplify High's common stock with a strick price of 7.0 expiring on 2024-06-21. The contract was not traded in recent days and, as of today, has 7 days remaining before the expiration. The option is currently trading at a bid price of $2.75, and an ask price of $7.5. The implied volatility as of the 14th of June 2024 is 207.15.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Amplify High Income. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Call options on Amplify High give the investor right to buy Amplify Etf at a specified price within a specific period. The strike price represents the predetermined price at which a call buyer can buy Amplify Etf. Call options may be purchased for speculation or sold for income purposes, or simply combined for various spread or combination strategies. If Amplify High's price is above the strike price at expiry, the profit is the current Amplify High's stock price, minus the strike price and the premium.

Rule 16 of 2024-06-21 Option Contract

The options market is anticipating that Amplify High Income will have an average daily up or down price movement of about 12.95% per day over the life of the option. With Amplify High trading at USD 12.04, that is roughly USD 1.56. If you think that the market is fully understating Amplify High's daily price movement you should consider buying Amplify High Income options at that current volatility level of 207.15%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Call Option on Amplify High

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 Amplify High 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 Amplify Etf have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract Name2024-06-21 CALL at $7.0
Expires On2024-06-21
Days Before Expriration7
Last Traded On0000-00-00 00:00:00
Contract PeriodMONTHLY
Open Interest0
Current Trading Volume0.0
Strike Price7.0
Last Traded At0.0
Current Price Spread2.75 | 7.5
Rule 16 Daily Up or DownUSD1.56

Amplify short CALL Option Greeks

Amplify High's Option Greeks for the contract ending on 2024-06-21 at a strike price of 7.0 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 Amplify High's option greeks, its implied volatility helps estimate the risk of Amplify High stock implied by the prices of the options on Amplify High's stock.
Delta0.9606
Gamma0.0206
Theta-0.0185
Vega0.0017
Rho0.0018

Amplify long CALL Option Payoff at expiration

Buying Amplify High's call option is the simplest of option trades. A call option on Amplify Etf gives investors the right (but not the obligation) to purchase Amplify High at the given strike price. Therefore Amplify High's call intrinsic value or payoff at expiration depends on where the Amplify Etf price is relative to the call option strike price. The strike price of 7.0 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 Amplify High's price. Finally, at the break-even point of 12.13, the line crosses zero, and trading Amplify becomes profitable.
   Profit   
       Amplify High Price At Expiration  

Amplify short CALL Option Payoff at expiration

By selling Amplify High's call option, the investors signals his or her bearish sentiment. A short position in a call option written on Amplify High will generally make money when the underlying price goes down. Therefore Amplify High's call intrinsic value or payoff at expiration depends on where the Amplify Etf price is relative to the call option strike price. The strike price of 7.0 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 Amplify High's price. Finally, at the break-even point of 12.13, the line crosses zero, and trading Amplify becomes disadvantageous with no downside limits.
   Profit   
       Amplify High Price At Expiration  
View All Amplify High Options

Amplify High Income Available Call Options

Amplify High's option chain is a display of a range of information that helps investors for ways to trade options on Amplify. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Amplify. It also shows strike prices and maturity days for a Amplify High 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.
DeltaGammaOpen IntExpirationCurrent SpreadLast Price
Call
2024-06-21 CALL at $7.00.96060.020602024-06-212.75 - 7.50.0In
Call
2024-06-21 CALL at $8.00.95120.031202024-06-211.75 - 6.50.0In
Call
2024-06-21 CALL at $9.00.93780.049902024-06-210.75 - 5.50.0In

Additional Information and Resources on Investing in Amplify Etf

When determining whether Amplify High Income offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Amplify High'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 Amplify High Income Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Amplify High Income Etf:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Amplify High Income. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
The market value of Amplify High Income is measured differently than its book value, which is the value of Amplify that is recorded on the company's balance sheet. Investors also form their own opinion of Amplify High's value that differs from its market value or its book value, called intrinsic value, which is Amplify High'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 Amplify High's market value can be influenced by many factors that don't directly affect Amplify High'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 Amplify High's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amplify High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amplify High'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.