APA Stock Options

APA Stock  USD 33.71  0.83  2.52%   
APA's option chain provides insight into all available option contracts written on APA's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of APA'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 APA option contract.

In The Money vs. Out of Money Option Contracts on APA

Analyzing APA's in-the-money options over time can help investors to take a profitable long position in APA regardless of its overall volatility. This is especially true when APA's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money APA's options could be used as guardians of the underlying stock as they move almost dollar for dollar with APA's stock while costing only a fraction of its price.
APA's latest option contracts expiring on 2024-03-28 are carrying combined implied volatility of 44.49 with a put-to-call open interest ratio of 1.0 over 74 outstanding agreements suggesting . The current put volume is at 11852, with calls trading at the volume of 1723. This yields a 6.88 put-to-call volume ratio. The APA option chain provides detailed quote and price information for the current APA Corporation option contracts. It shows all of APA's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2024-03-28 Option Contracts

APA 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 APA's lending market. For example, when APA'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 APA, he or she must hedge the risk by shorting APA stock over its option's life.
The chart above shows APA'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. APA's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for APA's option, there is no secondary market available for investors to trade.

APA Maximum Pain Price across 2024-03-28 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 APA 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.
APA's stock options are financial instruments that give investors the right to buy or sell shares of APA Corporation common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell APA stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If APA'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 APA Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
Please note that buying 'in-the-money' options on APA lessens the impact of time decay, as they carry both intrinsic and time value. So, even if APA'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 APA 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 APA Stock moves the wrong way.
At present, APA's Liabilities And Stockholders Equity is projected to decrease significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 287.8 M, whereas Total Stockholder Equity is forecasted to decline to about 2.5 B.

APA Corporation In The Money Call Balance

When APA's strike price is surpassing the current stock price, the option contract against APA Corporation stock is said to be in the money. When it comes to buying APA'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 APA Corporation 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.

APA Current Options Market Mood

APA'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 APA 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 APA'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. APA'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 APA'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 APA contract

Base on the Rule 16, the options market is currently suggesting that APA Corporation will have an average daily up or down price movement of about 2.78% per day over the life of the 2024-03-28 option contract. With APA trading at USD 33.71, that is roughly USD 0.94. If you think that the market is fully incorporating APA's daily price movement you should consider buying APA Corporation options at the current volatility level of 44.49%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing APA 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" APA calls. Remember, the seller must deliver APA Corporation stock to the call owner when a call is exercised.

APA Option Chain

When APA's strike price is surpassing the current stock price, the option contract against APA Corporation 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.
APA's option chain is a display of a range of information that helps investors for ways to trade options on APA. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for APA. It also shows strike prices and maturity days for a APA 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
2024-03-28 CALL at $20.00.96880.006812024-03-2813.6 - 14.111.7In
Call
2024-03-28 CALL at $21.00.99360.002702024-03-2812.35 - 13.10.0In
Call
2024-03-28 CALL at $22.00.9550.010302024-03-2811.35 - 11.90.0In
Call
2024-03-28 CALL at $23.00.92970.013902024-03-2810.5 - 11.60.0In
Call
2024-03-28 CALL at $24.00.86340.017402024-03-288.65 - 10.750.0In
Call
2024-03-28 CALL at $25.00.9410.01702024-03-288.4 - 9.40.0In
Call
2024-03-28 CALL at $26.00.98970.00702024-03-287.6 - 7.850.0In
Call
2024-03-28 CALL at $26.50.94330.021102024-03-286.15 - 7.350.0In
Call
2024-03-28 CALL at $27.00.97490.014832024-03-286.5 - 7.06.2In
Call
2024-03-28 CALL at $27.50.8790.031502024-03-285.1 - 8.157.07In
Call
2024-03-28 CALL at $28.00.9490.0264102024-03-285.6 - 5.85.92In
Call
2024-03-28 CALL at $28.50.9270.034102024-03-285.0 - 5.350.0In
Call
2024-03-28 CALL at $29.00.94090.03511332024-03-284.55 - 4.84.7In
Call
2024-03-28 CALL at $29.50.76090.041202024-03-283.0 - 5.40.0In
Call
2024-03-28 CALL at $30.00.92960.04911232024-03-283.6 - 3.83.5In
Call
2024-03-28 CALL at $30.50.95110.048782024-03-282.96 - 3.553.58In
Call
2024-03-28 CALL at $31.00.90960.07523962024-03-282.51 - 3.12.37In
Call
2024-03-28 CALL at $31.50.79860.09754552024-03-282.02 - 2.552.07In
Call
2024-03-28 CALL at $32.00.75740.11726842024-03-281.47 - 2.111.6In
Call
2024-03-28 CALL at $32.50.89830.18097412024-03-281.2 - 1.320.91In
Call
2024-03-28 CALL at $33.00.80020.32247252024-03-280.74 - 0.890.81In
Call
2024-03-28 CALL at $33.50.62020.528423692024-03-280.39 - 0.420.35In
Call
2024-03-28 CALL at $34.00.35080.509413512024-03-280.14 - 0.180.17Out
Call
2024-03-28 CALL at $34.50.13930.31164012024-03-280.05 - 0.070.05Out
Call
2024-03-28 CALL at $35.00.07680.16415262024-03-280.02 - 0.030.03Out
Call
2024-03-28 CALL at $35.50.02880.07211292024-03-280.01 - 0.020.01Out
Call
2024-03-28 CALL at $36.00.02420.05112522024-03-280.0 - 0.020.01Out
 Put
2024-03-28 PUT at $30.0-0.19330.05525592024-03-280.0 - 0.010.57Out
 Put
2024-03-28 PUT at $31.0-0.03240.04683572024-03-280.01 - 0.020.02Out
 Put
2024-03-28 PUT at $31.5-0.03080.0562342024-03-280.01 - 0.020.01Out
 Put
2024-03-28 PUT at $32.0-0.02790.06921642024-03-280.01 - 0.020.01Out
 Put
2024-03-28 PUT at $32.5-0.0910.17523492024-03-280.03 - 0.040.04Out
 Put
2024-03-28 PUT at $33.0-0.18150.329137522024-03-280.07 - 0.080.08Out
 Put
2024-03-28 PUT at $33.5-0.37870.53383062024-03-280.17 - 0.190.19Out
 Put
2024-03-28 PUT at $34.0-0.66680.558421162024-03-280.4 - 0.460.56In
 Put
2024-03-28 PUT at $34.5-0.82510.31342352024-03-280.78 - 0.951.33In
 Put
2024-03-28 PUT at $35.0-0.92930.15962024-03-281.12 - 1.510.66In
 Put
2024-03-28 PUT at $35.5-0.90580.129902024-03-281.65 - 2.040.0In
 Put
2024-03-28 PUT at $36.0-0.9450.081502024-03-282.07 - 2.576.3In
 Put
2024-03-28 PUT at $36.5-0.87750.090602024-03-282.42 - 2.920.0In
 Put
2024-03-28 PUT at $37.0-0.89870.07402024-03-282.9 - 3.46.88In
 Put
2024-03-28 PUT at $37.5-0.88470.067302024-03-282.94 - 4.950.0In
 Put
2024-03-28 PUT at $38.0-0.91280.055102024-03-284.1 - 4.47.75In
 Put
2024-03-28 PUT at $38.5-0.9620.033502024-03-284.65 - 5.00.0In
 Put
2024-03-28 PUT at $39.0-0.94830.036102024-03-285.2 - 5.357.33In
 Put
2024-03-28 PUT at $40.0-0.92980.035702024-03-286.15 - 6.49.81In
 Put
2024-03-28 PUT at $41.0-0.95740.024402024-03-285.95 - 7.350.0In
 Put
2024-03-28 PUT at $42.0-0.87110.034702024-03-287.85 - 8.659.85In
 Put
2024-03-28 PUT at $45.0-0.93460.02102024-03-2811.1 - 11.450.0In

APA 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   
       Timeline  

APA Common Stock Shares Outstanding Over Time

The total number of shares of a company's common stock that are currently owned by all its shareholders.
   Common Stock Shares Outstanding   
       Timeline  

APA Total Stockholder Equity

Total Stockholder Equity

2.52 Billion

At present, APA's Total Stockholder Equity is projected to decrease significantly based on the last few years of reporting.

APA Investors Sentiment

The influence of APA's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in APA. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to APA's public news can be used to forecast risks associated with an investment in APA. The trend in average sentiment can be used to explain how an investor holding APA can time the market purely based on public headlines and social activities around APA Corporation. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
APA's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for APA's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average APA's news discussions. The higher the estimated score, the more favorable is the investor's outlook on APA.

APA Implied Volatility

    
  44.49  
APA's implied volatility exposes the market's sentiment of APA Corporation stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if APA's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that APA stock will not fluctuate a lot when APA's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards APA in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, APA's short interest history, or implied volatility extrapolated from APA options trading.

Pair Trading with APA

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if APA position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in APA will appreciate offsetting losses from the drop in the long position's value.

Moving together with APA Stock

  0.71EP Empire Petroleum CorpPairCorr

Moving against APA Stock

  0.51HPKEW HighPeak EnergyPairCorr
The ability to find closely correlated positions to APA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace APA when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back APA - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling APA Corporation to buy it.
The correlation of APA is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as APA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if APA Corporation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for APA can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether APA Corporation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of APA'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 Apa Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Apa Corporation Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in APA Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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When running APA's price analysis, check to measure APA'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 APA is operating at the current time. Most of APA's value examination focuses on studying past and present price action to predict the probability of APA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move APA's price. Additionally, you may evaluate how the addition of APA to your portfolios can decrease your overall portfolio volatility.
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Is APA'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 APA. If investors know APA 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 APA 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
3.272
Dividend Share
1
Earnings Share
9.25
Revenue Per Share
26.276
Quarterly Revenue Growth
(0.15)
The market value of APA Corporation is measured differently than its book value, which is the value of APA that is recorded on the company's balance sheet. Investors also form their own opinion of APA's value that differs from its market value or its book value, called intrinsic value, which is APA'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 APA's market value can be influenced by many factors that don't directly affect APA'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 APA's value and its price as these two are different measures arrived at by different means. Investors typically determine if APA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, APA'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.