Aurinia Pharmaceuticals Stock Options
| AUPH Stock | USD 4.81 0.10 2.04% |
Aurinia Pharmaceuticals' option chain provides insight into all available option contracts written on Aurinia Pharmaceuticals' stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Aurinia Pharmaceuticals' 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 Aurinia option contract.
In The Money vs. Out of Money Option Contracts on Aurinia Pharmaceuticals
Analyzing Aurinia Pharmaceuticals' in-the-money options over time can help investors to take a profitable long position in Aurinia Pharmaceuticals regardless of its overall volatility. This is especially true when Aurinia Pharmaceuticals' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Aurinia Pharmaceuticals' options could be used as guardians of the underlying stock as they move almost dollar for dollar with Aurinia Pharmaceuticals' stock while costing only a fraction of its price.
Aurinia Pharmaceuticals' latest option contracts expiring on 2024-04-19 are carrying combined implied volatility of 482.44 with a put-to-call open interest ratio of 0.4 over 38 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on 2024-04-19. The current put volume is at 73, with calls trading at the volume of 370. This yields a 0.2 put-to-call volume ratio. The Aurinia Pharmaceuticals option chain provides detailed quote and price information for the current Aurinia Pharmaceuticals option contracts. It shows all of Aurinia Pharmaceuticals' listed puts, calls, expiration dates, strike prices, and other pricing information.
Open Interest Against 2024-04-19 Option Contracts
Aurinia Pharmaceuticals 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 Aurinia Pharmaceuticals' lending market. For example, when Aurinia Pharmaceuticals' 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 Aurinia Pharmaceuticals, he or she must hedge the risk by shorting Aurinia Pharmaceuticals stock over its option's life.
2024-04-19
The chart above shows Aurinia Pharmaceuticals' 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. Aurinia Pharmaceuticals' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Aurinia Pharmaceuticals' option, there is no secondary market available for investors to trade.
Aurinia Pharmaceuticals' stock options are financial instruments that give investors the right to buy or sell shares of Aurinia Pharmaceuticals common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Aurinia stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Aurinia Pharmaceuticals' 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 Aurinia Pharmaceuticals. 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 Aurinia Pharmaceuticals lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Aurinia Pharmaceuticals' 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 Aurinia Pharmaceuticals 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 Aurinia Stock moves the wrong way.
As of now, Aurinia Pharmaceuticals' Common Stock Total Equity is increasing as compared to previous years. The Aurinia Pharmaceuticals' current Common Stock is estimated to increase to about 1.3 B, while Other Stockholder Equity is projected to decrease to under 66.4 M. Aurinia Pharmaceuticals In The Money Call Balance
When Aurinia Pharmaceuticals' strike price is surpassing the current stock price, the option contract against Aurinia Pharmaceuticals stock is said to be in the money. When it comes to buying Aurinia Pharmaceuticals' 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 Aurinia Pharmaceuticals 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.
Aurinia Current Options Market Mood
Aurinia Pharmaceuticals' 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 Aurinia 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 Aurinia Pharmaceuticals' calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Aurinia Pharmaceuticals' 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 Aurinia Pharmaceuticals' 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 Aurinia contract
Base on the Rule 16, the options market is currently suggesting that Aurinia Pharmaceuticals will have an average daily up or down price movement of about 30.15% per day over the life of the 2024-04-19 option contract. With Aurinia Pharmaceuticals trading at USD 4.81, that is roughly USD 1.45. If you think that the market is fully incorporating Aurinia Pharmaceuticals' daily price movement you should consider buying Aurinia Pharmaceuticals options at the current volatility level of 482.44%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
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Purchasing Aurinia Pharmaceuticals 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" Aurinia calls. Remember, the seller must deliver Aurinia Pharmaceuticals stock to the call owner when a call is exercised.
Aurinia Pharmaceuticals Option Chain
When Aurinia Pharmaceuticals' strike price is surpassing the current stock price, the option contract against Aurinia Pharmaceuticals 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.
Aurinia Pharmaceuticals' option chain is a display of a range of information that helps investors for ways to trade options on Aurinia. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Aurinia. It also shows strike prices and maturity days for a Aurinia Pharmaceuticals 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 $2.0 | 0.943 | 0.0331 | 0 | 2024-04-19 | 2.55 - 3.3 | 0.0 | In |
Call | 2024-04-19 CALL at $3.0 | 0.8943 | 0.0819 | 0 | 2024-04-19 | 1.55 - 2.35 | 0.0 | In |
Call | 2024-04-19 CALL at $4.0 | 0.787 | 0.2145 | 46 | 2024-04-19 | 0.5 - 1.0 | 1.1 | In |
Call | 2024-04-19 CALL at $5.0 | 0.2783 | 1.119 | 615 | 2024-04-19 | 0.0 - 0.05 | 0.05 | Out |
Call | 2024-04-19 CALL at $7.0 | 0.0668 | 0.116 | 2415 | 2024-04-19 | 0.0 - 0.05 | 0.03 | Out |
Call | 2024-04-19 CALL at $10.0 | 0.0654 | 0.0623 | 4312 | 2024-04-19 | 0.0 - 0.05 | 0.05 | Out |
Put | 2024-04-19 PUT at $5.0 | -0.6843 | 0.9897 | 11109 | 2024-04-19 | 0.15 - 0.3 | 0.26 | In |
Put | 2024-04-19 PUT at $6.0 | -0.8586 | 0.2465 | 691 | 2024-04-19 | 1.0 - 1.5 | 1.25 | In |
Put | 2024-04-19 PUT at $7.0 | -0.7338 | 0.154 | 877 | 2024-04-19 | 2.0 - 3.8 | 2.47 | In |
Put | 2024-04-19 PUT at $9.0 | -0.8767 | 0.0937 | 42 | 2024-04-19 | 4.0 - 6.5 | 4.3 | In |
Put | 2024-04-19 PUT at $10.0 | -0.7761 | 0.0929 | 20 | 2024-04-19 | 5.0 - 6.0 | 5.0 | In |
Put | 2024-04-19 PUT at $14.0 | -0.9381 | 0.0435 | 64 | 2024-04-19 | 8.5 - 10.0 | 6.43 | In |
Put | 2024-04-19 PUT at $15.0 | -0.9401 | 0.0405 | 0 | 2024-04-19 | 9.5 - 11.0 | 9.31 | In |
Put | 2024-04-19 PUT at $16.0 | -0.9849 | 0.0159 | 0 | 2024-04-19 | 10.2 - 12.2 | 0.0 | In |
Aurinia Pharmaceuticals 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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Aurinia Pharmaceuticals 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 |
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Aurinia Total Stockholder Equity
Total Stockholder Equity |
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Aurinia Pharmaceuticals Corporate Directors
Aurinia Pharmaceuticals corporate directors refer to members of an Aurinia Pharmaceuticals board of directors. The board of directors generally takes responsibility for the Aurinia Pharmaceuticals' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Aurinia Pharmaceuticals' board members must vote for the resolution. The Aurinia Pharmaceuticals board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Lorin Randall | Director | Profile | |
| George Milne | Director | Profile | |
| Benjamin Rovinski | Independent Director | Profile | |
| Michael Hayden | Director | Profile |
Already Invested in Aurinia Pharmaceuticals?
The danger of trading Aurinia Pharmaceuticals 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 Aurinia Pharmaceuticals 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 Aurinia Pharmaceuticals. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Aurinia Pharmaceuticals 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 Aurinia Pharmaceuticals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aurinia Pharmaceuticals' 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 Aurinia Pharmaceuticals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aurinia Pharmaceuticals Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aurinia Pharmaceuticals. 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. For more detail on how to invest in Aurinia Stock please use our How to Invest in Aurinia Pharmaceuticals guide.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.
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When running Aurinia Pharmaceuticals' price analysis, check to measure Aurinia Pharmaceuticals' 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 Aurinia Pharmaceuticals is operating at the current time. Most of Aurinia Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Aurinia Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aurinia Pharmaceuticals' price. Additionally, you may evaluate how the addition of Aurinia Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.
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Is Aurinia Pharmaceuticals' 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 Aurinia Pharmaceuticals. If investors know Aurinia 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 Aurinia Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.54) | Revenue Per Share 1.225 | Quarterly Revenue Growth 0.586 | Return On Assets (0.11) | Return On Equity (0.20) |
The market value of Aurinia Pharmaceuticals is measured differently than its book value, which is the value of Aurinia that is recorded on the company's balance sheet. Investors also form their own opinion of Aurinia Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Aurinia Pharmaceuticals' 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 Aurinia Pharmaceuticals' market value can be influenced by many factors that don't directly affect Aurinia Pharmaceuticals' 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 Aurinia Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aurinia Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aurinia Pharmaceuticals' 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.