ADUS240517P00100000 Option on Addus HomeCare
| ADUS Stock | USD 110.66 0.37 0.34% |
Addus HomeCare's option chain provides insight into all available option contracts written on Addus HomeCare's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Addus HomeCare'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 Addus option contract.
In The Money vs. Out of Money Option Contracts on Addus HomeCare
Analyzing Addus HomeCare's in-the-money options over time can help investors to take a profitable long position in Addus HomeCare regardless of its overall volatility. This is especially true when Addus HomeCare's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Addus HomeCare's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Addus HomeCare's stock while costing only a fraction of its price.
Addus HomeCare's latest option contracts expiring on 2024-06-21 are carrying combined implied volatility of 25.41 with a put-to-call open interest ratio of 0.08 over 48 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2024-06-21. The current put volume is at 0, with calls trading at the volume of 1. This yields a 0.0 put-to-call volume ratio. The Addus HomeCare option chain provides detailed quote and price information for the current Addus HomeCare option contracts. It shows all of Addus HomeCare's listed puts, calls, expiration dates, strike prices, and other pricing information.
Open Interest Against 2024-06-21 Option Contracts
Addus HomeCare option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Addus HomeCare's lending market. For example, when Addus HomeCare's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Addus HomeCare, he or she must hedge the risk by shorting Addus HomeCare stock over its option's life.
2024-06-21
The chart above shows Addus HomeCare'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. Addus HomeCare's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Addus HomeCare's option, there is no secondary market available for investors to trade.
Addus HomeCare's stock options are financial instruments that give investors the right to buy or sell shares of Addus HomeCare common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Addus stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Addus HomeCare's stock price goes up or down, the stock options follow.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Addus HomeCare. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. Please note that buying 'in-the-money' options on Addus HomeCare lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Addus HomeCare'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 Addus HomeCare 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 Addus Stock moves the wrong way.
At this time, Addus HomeCare's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 1.1 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 12.1 M in 2024. Addus Current Options Market Mood
Addus HomeCare'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 Addus 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 Addus HomeCare'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. Addus HomeCare'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. Using current Addus HomeCare's option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.
Rule 16 of the current Addus contract
Base on the Rule 16, the options market is currently suggesting that Addus HomeCare will have an average daily up or down price movement of about 1.59% per day over the life of the 2024-06-21 option contract. With Addus HomeCare trading at USD 110.66, that is roughly USD 1.76. If you think that the market is fully incorporating Addus HomeCare's daily price movement you should consider buying Addus HomeCare options at the current volatility level of 25.41%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Addus |
Purchasing Addus HomeCare 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" Addus calls. Remember, the seller must deliver Addus HomeCare stock to the call owner when a call is exercised.
Addus HomeCare Option Chain
When Addus HomeCare's strike price is surpassing the current stock price, the option contract against Addus HomeCare 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.
Addus HomeCare's option chain is a display of a range of information that helps investors for ways to trade options on Addus. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Addus. It also shows strike prices and maturity days for a Addus HomeCare 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 | 2024-06-21 CALL at $50.0 | 0.9938 | 5.0E-4 | 0 | 2024-06-21 | 58.5 - 63.5 | 0.0 | In |
Call | 2024-06-21 CALL at $55.0 | 0.9948 | 5.0E-4 | 0 | 2024-06-21 | 53.5 - 58.5 | 0.0 | In |
Call | 2024-06-21 CALL at $60.0 | 0.9922 | 7.0E-4 | 0 | 2024-06-21 | 48.6 - 53.5 | 0.0 | In |
Call | 2024-06-21 CALL at $65.0 | 0.9934 | 7.0E-4 | 0 | 2024-06-21 | 43.6 - 48.5 | 0.0 | In |
Call | 2024-06-21 CALL at $70.0 | 0.9953 | 7.0E-4 | 0 | 2024-06-21 | 38.6 - 43.5 | 0.0 | In |
Call | 2024-06-21 CALL at $75.0 | 0.9985 | 3.0E-4 | 0 | 2024-06-21 | 33.6 - 38.5 | 0.0 | In |
Call | 2024-06-21 CALL at $80.0 | 0.8809 | 0.0056 | 0 | 2024-06-21 | 28.6 - 33.5 | 0.0 | In |
Call | 2024-06-21 CALL at $85.0 | 0.9751 | 0.0037 | 0 | 2024-06-21 | 24.0 - 28.5 | 0.0 | In |
Call | 2024-06-21 CALL at $90.0 | 0.9736 | 0.0049 | 0 | 2024-06-21 | 19.0 - 23.5 | 0.0 | In |
Call | 2024-06-21 CALL at $95.0 | 0.8176 | 0.0123 | 1 | 2024-06-21 | 13.7 - 18.5 | 7.5 | In |
Call | 2024-06-21 CALL at $100.0 | 0.919 | 0.0173 | 7 | 2024-06-21 | 9.0 - 14.0 | 2.3 | In |
Call | 2024-06-21 CALL at $105.0 | 0.8427 | 0.0368 | 1 | 2024-06-21 | 4.5 - 9.0 | 5.0 | In |
Call | 2024-06-21 CALL at $110.0 | 0.5722 | 0.0457 | 2 | 2024-06-21 | 3.0 - 5.1 | 2.87 | In |
Put | 2024-06-21 PUT at $165.0 | -0.8465 | 0.0064 | 0 | 2024-06-21 | 52.0 - 56.5 | 0.0 | In |
Put | 2024-06-21 PUT at $160.0 | -0.9883 | 0.0015 | 0 | 2024-06-21 | 47.2 - 51.5 | 0.0 | In |
Put | 2024-06-21 PUT at $155.0 | -0.9727 | 0.0032 | 0 | 2024-06-21 | 42.0 - 46.8 | 0.0 | In |
Put | 2024-06-21 PUT at $150.0 | -0.9636 | 0.0042 | 0 | 2024-06-21 | 37.0 - 41.9 | 0.0 | In |
Put | 2024-06-21 PUT at $145.0 | -0.9692 | 0.0042 | 0 | 2024-06-21 | 32.0 - 36.8 | 0.0 | In |
Put | 2024-06-21 PUT at $140.0 | -0.9576 | 0.0058 | 0 | 2024-06-21 | 27.0 - 31.9 | 0.0 | In |
Put | 2024-06-21 PUT at $135.0 | -0.953 | 0.0072 | 0 | 2024-06-21 | 22.0 - 26.9 | 0.0 | In |
Put | 2024-06-21 PUT at $130.0 | -0.9465 | 0.0095 | 0 | 2024-06-21 | 17.0 - 21.9 | 0.0 | In |
Put | 2024-06-21 PUT at $125.0 | -0.9492 | 0.0246 | 0 | 2024-06-21 | 12.0 - 16.8 | 0.0 | In |
Put | 2024-06-21 PUT at $120.0 | -0.8985 | 0.025 | 0 | 2024-06-21 | 7.0 - 12.0 | 0.0 | In |
Put | 2024-06-21 PUT at $115.0 | -0.8261 | 0.0574 | 0 | 2024-06-21 | 2.1 - 7.0 | 0.0 | In |
Put | 2024-06-21 PUT at $110.0 | -0.4311 | 0.0513 | 1 | 2024-06-21 | 0.1 - 5.0 | 2.7 | Out |
Addus HomeCare Total Stockholder Equity Over Time
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders. Total Stockholder Equity |
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Addus HomeCare Common Stock Total Equity Over Time
The total value of common stock equity held by shareholders, representing their ownership interest in the company. Common Stock Total Equity |
| Timeline |
Addus Total Stockholder Equity
Total Stockholder Equity |
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Addus HomeCare Corporate Management
Elected by the shareholders, the Addus HomeCare's board of directors comprises two types of representatives: Addus HomeCare inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Addus. The board's role is to monitor Addus HomeCare's management team and ensure that shareholders' interests are well served. Addus HomeCare'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, Addus HomeCare's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Michael Wattenbarger | Executive Officer | Profile | |
| Cliff Blessing | Executive Officer | Profile | |
| Diane Kumarich | VP Innovation | Profile | |
| Zach Simpson | Senior Officer | Profile | |
| Roberton Stevenson | Executive Officer | Profile |
Already Invested in Addus HomeCare?
The danger of trading Addus HomeCare 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 Addus HomeCare 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 Addus HomeCare. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Addus HomeCare 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 Addus HomeCare is a strong investment it is important to analyze Addus HomeCare's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Addus HomeCare's future performance. For an informed investment choice regarding Addus Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Addus HomeCare. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. For more information on how to buy Addus Stock please use our How to Invest in Addus HomeCare guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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When running Addus HomeCare's price analysis, check to measure Addus HomeCare'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 Addus HomeCare is operating at the current time. Most of Addus HomeCare's value examination focuses on studying past and present price action to predict the probability of Addus HomeCare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Addus HomeCare's price. Additionally, you may evaluate how the addition of Addus HomeCare to your portfolios can decrease your overall portfolio volatility.
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Is Addus HomeCare'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 Addus HomeCare. If investors know Addus 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 Addus HomeCare 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 0.244 | Earnings Share 4.01 | Revenue Per Share 67.883 | Quarterly Revenue Growth 0.116 | Return On Assets 0.0656 |
The market value of Addus HomeCare is measured differently than its book value, which is the value of Addus that is recorded on the company's balance sheet. Investors also form their own opinion of Addus HomeCare's value that differs from its market value or its book value, called intrinsic value, which is Addus HomeCare'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 Addus HomeCare's market value can be influenced by many factors that don't directly affect Addus HomeCare'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 Addus HomeCare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Addus HomeCare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Addus HomeCare'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.