Allegro MicrosystemsInc Stock Options
| ALGM Stock | USD 26.84 1.36 4.82% |
Allegro MicrosystemsInc's option chain provides insight into all available option contracts written on Allegro MicrosystemsInc's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Allegro MicrosystemsInc'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 Allegro option contract.
In The Money vs. Out of Money Option Contracts on Allegro MicrosystemsInc
Analyzing Allegro MicrosystemsInc's in-the-money options over time can help investors to take a profitable long position in Allegro MicrosystemsInc regardless of its overall volatility. This is especially true when Allegro MicrosystemsInc's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Allegro MicrosystemsInc's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Allegro MicrosystemsInc's stock while costing only a fraction of its price.
Allegro MicrosystemsInc's latest option contracts expiring on 2024-04-19 are carrying combined implied volatility of 52.15 with a put-to-call open interest ratio of 1.88 over 24 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on 2024-04-19. The current put volume is at 225, with calls trading at the volume of 111. This yields a 2.03 put-to-call volume ratio. The Allegro MicrosystemsInc option chain provides detailed quote and price information for the current Allegro MicrosystemsInc option contracts. It shows all of Allegro MicrosystemsInc's listed puts, calls, expiration dates, strike prices, and other pricing information.
Open Interest Against 2024-04-19 Option Contracts
Allegro MicrosystemsInc 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 Allegro MicrosystemsInc's lending market. For example, when Allegro MicrosystemsInc'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 Allegro MicrosystemsInc, he or she must hedge the risk by shorting Allegro MicrosystemsInc stock over its option's life.
2024-04-19
The chart above shows Allegro MicrosystemsInc'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. Allegro MicrosystemsInc's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Allegro MicrosystemsInc's option, there is no secondary market available for investors to trade.
Allegro MicrosystemsInc Maximum Pain Price across 2024-04-19 Option Contracts
Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as Allegro MicrosystemsInc close to expiration to expire worthless. According to most research, approximately 10% to 15% of all stock options are exercised, while about 35% expire worthlessly, with roughly 50% traded out before the expiration date. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Allegro MicrosystemsInc's stock options are financial instruments that give investors the right to buy or sell shares of Allegro MicrosystemsInc common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Allegro stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Allegro MicrosystemsInc'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 Allegro MicrosystemsInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Please note that buying 'in-the-money' options on Allegro MicrosystemsInc lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Allegro MicrosystemsInc'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 Allegro MicrosystemsInc 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 Allegro Stock moves the wrong way.
As of the 16th of April 2024, Stock Based Compensation is likely to grow to about 74.6 M, while Total Stockholder Equity is likely to drop about 771.7 M. Allegro MicrosystemsInc In The Money Call Balance
When Allegro MicrosystemsInc's strike price is surpassing the current stock price, the option contract against Allegro MicrosystemsInc stock is said to be in the money. When it comes to buying Allegro MicrosystemsInc'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 Allegro MicrosystemsInc 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.
Allegro Current Options Market Mood
Allegro MicrosystemsInc'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 Allegro 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 Allegro MicrosystemsInc'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. Allegro MicrosystemsInc'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 Allegro MicrosystemsInc'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 Allegro contract
Base on the Rule 16, the options market is currently suggesting that Allegro MicrosystemsInc will have an average daily up or down price movement of about 3.26% per day over the life of the 2024-04-19 option contract. With Allegro MicrosystemsInc trading at USD 26.84, that is roughly USD 0.87. If you think that the market is fully incorporating Allegro MicrosystemsInc's daily price movement you should consider buying Allegro MicrosystemsInc options at the current volatility level of 52.15%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
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Purchasing Allegro MicrosystemsInc 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" Allegro calls. Remember, the seller must deliver Allegro MicrosystemsInc stock to the call owner when a call is exercised.
Allegro MicrosystemsInc Option Chain
When Allegro MicrosystemsInc's strike price is surpassing the current stock price, the option contract against Allegro MicrosystemsInc 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.
Allegro MicrosystemsInc's option chain is a display of a range of information that helps investors for ways to trade options on Allegro. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Allegro. It also shows strike prices and maturity days for a Allegro MicrosystemsInc 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 | 2024-04-19 CALL at $17.5 | 0.9838 | 0.0077 | 3 | 2024-04-19 | 8.7 - 8.9 | 10.8 | In |
Call | 2024-04-19 CALL at $20.0 | 0.9782 | 0.0142 | 1 | 2024-04-19 | 6.2 - 6.4 | 7.99 | In |
Call | 2024-04-19 CALL at $22.5 | 0.9671 | 0.0324 | 1 | 2024-04-19 | 3.7 - 3.9 | 4.6 | In |
Call | 2024-04-19 CALL at $25.0 | 0.8312 | 0.1803 | 285 | 2024-04-19 | 1.35 - 1.45 | 2.17 | In |
Call | 2024-04-19 CALL at $27.5 | 0.1996 | 0.2025 | 376 | 2024-04-19 | 0.1 - 0.15 | 0.15 | Out |
Call | 2024-04-19 CALL at $30.0 | 0.0564 | 0.053 | 368 | 2024-04-19 | 0.0 - 0.05 | 0.05 | Out |
Put | 2024-04-19 PUT at $25.0 | -0.1004 | 0.1704 | 11150 | 2024-04-19 | 0.05 - 0.15 | 0.05 | Out |
Put | 2024-04-19 PUT at $27.5 | -0.8447 | 0.206 | 790 | 2024-04-19 | 1.25 - 1.4 | 1.05 | In |
Put | 2024-04-19 PUT at $30.0 | -0.9771 | 0.0317 | 153 | 2024-04-19 | 3.5 - 4.0 | 3.4 | In |
Put | 2024-04-19 PUT at $32.5 | -0.9051 | 0.042 | 0 | 2024-04-19 | 6.0 - 6.8 | 6.66 | In |
Put | 2024-04-19 PUT at $35.0 | -0.9578 | 0.0217 | 0 | 2024-04-19 | 8.6 - 8.8 | 4.5 | In |
Put | 2024-04-19 PUT at $37.5 | -0.9632 | 0.0163 | 0 | 2024-04-19 | 11.1 - 11.3 | 0.0 | In |
Put | 2024-04-19 PUT at $40.0 | -0.967 | 0.0131 | 0 | 2024-04-19 | 13.6 - 13.8 | 0.0 | In |
Put | 2024-04-19 PUT at $42.5 | -0.8245 | 0.0234 | 0 | 2024-04-19 | 14.8 - 17.1 | 0.0 | In |
Put | 2024-04-19 PUT at $45.0 | -0.9445 | 0.0139 | 0 | 2024-04-19 | 18.5 - 19.3 | 0.0 | In |
Allegro MicrosystemsInc 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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Allegro Total Stockholder Equity
Total Stockholder Equity |
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Allegro MicrosystemsInc Corporate Management
Elected by the shareholders, the Allegro MicrosystemsInc's board of directors comprises two types of representatives: Allegro MicrosystemsInc inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Allegro. The board's role is to monitor Allegro MicrosystemsInc's management team and ensure that shareholders' interests are well served. Allegro MicrosystemsInc'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, Allegro MicrosystemsInc's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Roald Webster | VP Officer | Profile | |
| Thomas Teebagy | VP Quality | Profile | |
| Derek DAntilio | CFO VP | Profile | |
| Jalene CPA | Vice Communications | Profile | |
| Joanne Valente | Senior Officer | Profile |
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The danger of trading Allegro MicrosystemsInc 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 Allegro MicrosystemsInc 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 Allegro MicrosystemsInc. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Allegro MicrosystemsInc 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 Allegro MicrosystemsInc is a strong investment it is important to analyze Allegro MicrosystemsInc'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 Allegro MicrosystemsInc's future performance. For an informed investment choice regarding Allegro Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allegro MicrosystemsInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. To learn how to invest in Allegro Stock, please use our How to Invest in Allegro MicrosystemsInc guide.Note that the Allegro MicrosystemsInc information on this page should be used as a complementary analysis to other Allegro MicrosystemsInc'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 Anywhere module to track or share privately all of your investments from the convenience of any device.
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Is Allegro MicrosystemsInc'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 Allegro MicrosystemsInc. If investors know Allegro 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 Allegro MicrosystemsInc 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 (0.48) | Earnings Share 1.14 | Revenue Per Share 5.611 | Quarterly Revenue Growth 0.025 | Return On Assets 0.1118 |
The market value of Allegro MicrosystemsInc is measured differently than its book value, which is the value of Allegro that is recorded on the company's balance sheet. Investors also form their own opinion of Allegro MicrosystemsInc's value that differs from its market value or its book value, called intrinsic value, which is Allegro MicrosystemsInc'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 Allegro MicrosystemsInc's market value can be influenced by many factors that don't directly affect Allegro MicrosystemsInc'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 Allegro MicrosystemsInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allegro MicrosystemsInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allegro MicrosystemsInc'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.