ATKR220121C00080000 Option on Atkore International

ATKR Stock  USD 188.59  2.53  1.36%   
Atkore International's option chain provides insight into all available option contracts written on Atkore International's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Atkore International'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 Atkore option contract.

In The Money vs. Out of Money Option Contracts on Atkore International

Analyzing Atkore International's in-the-money options over time can help investors to take a profitable long position in Atkore International regardless of its overall volatility. This is especially true when Atkore International's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Atkore International's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Atkore International's stock while costing only a fraction of its price.
Atkore International's latest option contracts expiring on 2024-04-19 are carrying combined implied volatility of 33.5 with a put-to-call open interest ratio of 0.72 over 70 outstanding agreements suggesting investors are buying slightly more calls than puts on contracts expiring on 2024-04-19. The current put volume is at 14, with calls trading at the volume of 36. This yields a 0.39 put-to-call volume ratio. The Atkore International option chain provides detailed quote and price information for the current Atkore International Group option contracts. It shows all of Atkore International's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2024-04-19 Option Contracts

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

Atkore International 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 Atkore International 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.
Atkore International's stock options are financial instruments that give investors the right to buy or sell shares of Atkore International common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Atkore stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Atkore International'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 Atkore International Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
Please note that buying 'in-the-money' options on Atkore International lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Atkore International'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 Atkore International 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 Atkore Stock moves the wrong way.
At this time, Atkore International's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 03/28/2024, Total Stockholder Equity is likely to grow to about 1.8 B, while Other Stockholder Equity is likely to drop slightly above 488.4 M.

Atkore International In The Money Call Balance

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

Atkore Current Options Market Mood

Atkore International'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 Atkore 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 Atkore International'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. Atkore International'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 Atkore International'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 Atkore contract

Base on the Rule 16, the options market is currently suggesting that Atkore International Group will have an average daily up or down price movement of about 2.09% per day over the life of the 2024-04-19 option contract. With Atkore International trading at USD 188.59, that is roughly USD 3.95. If you think that the market is fully incorporating Atkore International's daily price movement you should consider buying Atkore International Group options at the current volatility level of 33.5%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Atkore International 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" Atkore calls. Remember, the seller must deliver Atkore International Group stock to the call owner when a call is exercised.

Atkore International Option Chain

When Atkore International's strike price is surpassing the current stock price, the option contract against Atkore International Group 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.
Atkore International's option chain is a display of a range of information that helps investors for ways to trade options on Atkore. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Atkore. It also shows strike prices and maturity days for a Atkore 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.
DeltaGammaOpen IntExpirationCurrent SpreadLast Price
Call
2024-04-19 CALL at $65.00.99023.0E-4132024-04-19115.6 - 120.566.8In
Call
2024-04-19 CALL at $70.00.99233.0E-492024-04-19110.6 - 115.364.2In
Call
2024-04-19 CALL at $75.00.99223.0E-462024-04-19105.6 - 110.387.0In
Call
2024-04-19 CALL at $80.00.99223.0E-422024-04-19100.6 - 105.350.3In
Call
2024-04-19 CALL at $85.00.98765.0E-412024-04-1995.7 - 100.548.57In
Call
2024-04-19 CALL at $90.00.98735.0E-4512024-04-1990.7 - 95.596.0In
Call
2024-04-19 CALL at $95.00.98696.0E-402024-04-1985.7 - 90.50.0In
Call
2024-04-19 CALL at $100.00.98666.0E-412024-04-1980.7 - 85.552.0In
Call
2024-04-19 CALL at $105.00.98627.0E-402024-04-1975.7 - 80.530.1In
Call
2024-04-19 CALL at $110.00.98189.0E-402024-04-1970.9 - 75.539.01In
Call
2024-04-19 CALL at $115.00.98569.0E-402024-04-1965.7 - 70.50.0In
Call
2024-04-19 CALL at $120.00.98530.00132024-04-1960.7 - 65.544.19In
Call
2024-04-19 CALL at $125.00.97950.0014432024-04-1955.9 - 60.532.0In
Call
2024-04-19 CALL at $130.00.98480.0012222024-04-1950.7 - 55.555.7In
Call
2024-04-19 CALL at $135.00.97760.0018132024-04-1945.9 - 50.551.36In
Call
2024-04-19 CALL at $140.00.97650.0021212024-04-1940.9 - 45.534.85In
Call
2024-04-19 CALL at $145.00.97430.00261642024-04-1935.9 - 40.538.21In
Call
2024-04-19 CALL at $150.00.9690.0034762024-04-1931.0 - 35.528.8In
Call
2024-04-19 CALL at $155.00.93390.0061442024-04-1926.3 - 31.034.23In
Call
2024-04-19 CALL at $160.00.90450.0086542024-04-1921.9 - 26.027.1In
Call
2024-04-19 CALL at $165.00.87570.01191352024-04-1917.0 - 21.315.3In
Call
2024-04-19 CALL at $170.00.89910.0162992024-04-1912.6 - 17.013.6In
Call
2024-04-19 CALL at $175.00.72330.02233402024-04-198.5 - 13.016.19In
Call
2024-04-19 CALL at $180.00.62750.03591302024-04-195.5 - 9.15.9In
Call
2024-04-19 CALL at $185.00.46460.02722512024-04-193.9 - 6.06.8Out
Call
2024-04-19 CALL at $190.00.32290.02644952024-04-192.05 - 4.72.75Out
Call
2024-04-19 CALL at $195.00.21680.021392024-04-191.45 - 2.41.67Out
Call
2024-04-19 CALL at $200.00.14460.01554652024-04-190.7 - 1.21.05Out
 Put
2024-04-19 PUT at $140.0-0.01680.00181952024-04-190.05 - 0.50.15Out
 Put
2024-04-19 PUT at $145.0-0.05910.00412562024-04-190.15 - 1.40.94Out
 Put
2024-04-19 PUT at $155.0-0.05470.0056532024-04-190.05 - 0.90.92Out
 Put
2024-04-19 PUT at $165.0-0.13030.012252024-04-190.55 - 1.851.95Out
 Put
2024-04-19 PUT at $170.0-0.19050.0168252024-04-191.2 - 2.352.2Out
 Put
2024-04-19 PUT at $175.0-0.27350.0229232024-04-191.15 - 4.32.55Out
 Put
2024-04-19 PUT at $180.0-0.40170.0269292024-04-191.95 - 5.44.32Out
 Put
2024-04-19 PUT at $185.0-0.53580.02672024-04-195.9 - 8.55.05In
 Put
2024-04-19 PUT at $190.0-0.69370.0275162024-04-198.9 - 10.17.3In
 Put
2024-04-19 PUT at $195.0-0.81180.021202024-04-1911.3 - 15.50.0In
 Put
2024-04-19 PUT at $200.0-0.87550.014902024-04-1916.0 - 20.00.0In
 Put
2024-04-19 PUT at $210.0-0.80840.010302024-04-1925.1 - 29.70.0In
 Put
2024-04-19 PUT at $220.0-0.98440.002102024-04-1935.0 - 39.90.0In
 Put
2024-04-19 PUT at $230.0-0.98650.001602024-04-1945.0 - 49.90.0In
 Put
2024-04-19 PUT at $240.0-0.98780.001302024-04-1955.0 - 59.90.0In
 Put
2024-04-19 PUT at $250.0-0.98880.00102024-04-1965.0 - 69.90.0In
 Put
2024-04-19 PUT at $260.0-0.88120.004102024-04-1975.0 - 79.60.0In
 Put
2024-04-19 PUT at $270.0-0.98190.001302024-04-1985.1 - 89.90.0In

Atkore International 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  

Atkore International 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  

Atkore Total Stockholder Equity

Total Stockholder Equity

1.77 Billion

At this time, Atkore International's Total Stockholder Equity is relatively stable compared to the past year.

Atkore International Investors Sentiment

The influence of Atkore International'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 Atkore. 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 Atkore International's public news can be used to forecast risks associated with an investment in Atkore. The trend in average sentiment can be used to explain how an investor holding Atkore can time the market purely based on public headlines and social activities around Atkore International Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Atkore International'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 Atkore International'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 Atkore International's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Atkore International.
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 Atkore International 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, Atkore International's short interest history, or implied volatility extrapolated from Atkore International options trading.

Pair Trading with Atkore International

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 Atkore International 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 Atkore International will appreciate offsetting losses from the drop in the long position's value.

Moving together with Atkore Stock

  0.79ADSEW ADS-TEC ENERGY PLCPairCorr
  0.63NCNC Noco-noco Ordinary SharePairCorr

Moving against Atkore Stock

  0.81NEOV NeoVolta Common StockPairCorr
  0.71OESX Orion Energy Systems Financial Report 4th of June 2024 PairCorr
  0.55ENVX Enovix Corp Financial Report 24th of April 2024 PairCorr
The ability to find closely correlated positions to Atkore International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atkore International 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 Atkore International - 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 Atkore International Group to buy it.
The correlation of Atkore International 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 Atkore International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atkore International 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 Atkore International 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 Atkore International is a strong investment it is important to analyze Atkore International'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 Atkore International's future performance. For an informed investment choice regarding Atkore Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Atkore International Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
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Is Atkore 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 Atkore International. If investors know Atkore 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 Atkore 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
(0.14)
Earnings Share
16.69
Revenue Per Share
91.461
Quarterly Revenue Growth
(0.04)
Return On Assets
0.1902
The market value of Atkore International is measured differently than its book value, which is the value of Atkore that is recorded on the company's balance sheet. Investors also form their own opinion of Atkore International's value that differs from its market value or its book value, called intrinsic value, which is Atkore 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 Atkore International's market value can be influenced by many factors that don't directly affect Atkore 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 Atkore International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atkore International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atkore 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.