2024-05-17 CALL at $37.5 Option on Carrier GlobalCorp
| CARR Stock | USD 64.96 0.63 0.98% |
2024-05-17 CALL at $37.5 is a CALL option contract on Carrier GlobalCorp's common stock with a strick price of 37.5 expiring on 2024-05-17. The contract was not traded in recent days and, as of today, has 2 days remaining before the expiration. The option is currently trading at a bid price of $25.5, and an ask price of $29.4. The implied volatility as of the 15th of May 2024 is 709.74.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carrier GlobalCorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Carrier Stock, please use our How to Invest in Carrier GlobalCorp guide.
Carrier |
Call options on Carrier GlobalCorp give the investor right to buy Carrier Stock at a specified price within a specific period. The strike price represents the predetermined price at which a call buyer can buy Carrier Stock. Call options may be purchased for speculation or sold for income purposes, or simply combined for various spread or combination strategies. If Carrier GlobalCorp's price is above the strike price at expiry, the profit is the current Carrier GlobalCorp's stock price, minus the strike price and the premium.
Rule 16 of 2024-05-17 Option Contract
The options market is anticipating that Carrier GlobalCorp will have an average daily up or down price movement of about 44.36% per day over the life of the option. With Carrier GlobalCorp trading at USD 64.96, that is roughly USD 28.82. If you think that the market is fully understating Carrier GlobalCorp's daily price movement you should consider buying Carrier GlobalCorp options at that current volatility level of 709.74%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Call Option on Carrier GlobalCorp
An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Carrier GlobalCorp positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Carrier Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
| Call Contract Name | 2024-05-17 CALL at $37.5 |
| Expires On | 2024-05-17 |
| Days Before Expriration | 2 |
| Last Traded On | 0000-00-00 00:00:00 |
| Contract Period | MONTHLY |
| Open Interest | 0 |
| Current Trading Volume | 0.0 |
| Strike Price | 37.5 |
| Last Traded At | 0.0 |
| Current Price Spread | 25.5 | 29.4 |
| Rule 16 Daily Up or Down | USD28.82 |
Carrier short CALL Option Greeks
Carrier GlobalCorp's Option Greeks for the contract ending on 2024-05-17 at a strike price of 37.5 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Carrier GlobalCorp's option greeks, its implied volatility helps estimate the risk of Carrier GlobalCorp stock implied by the prices of the options on Carrier GlobalCorp's stock.
| Delta | 0.9047 | |
| Gamma | 0.005 | |
| Theta | -1.4474 | |
| Vega | 0.0081 | |
| Rho | 0.0016 |
Carrier long CALL Option Payoff at expiration
Buying Carrier GlobalCorp's call option is the simplest of option trades. A call option on Carrier Stock gives investors the right (but not the obligation) to purchase Carrier GlobalCorp at the given strike price. Therefore Carrier GlobalCorp's call intrinsic value or payoff at expiration depends on where the Carrier Stock price is relative to the call option strike price. The strike price of 37.5 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and negative (the trade is a loss). Above the strike, the payoff line is upward sloping as the option payoff rises in proportion with Carrier GlobalCorp's price. Finally, at the break-even point of 66.9, the line crosses zero, and trading Carrier becomes profitable.
Profit |
| Carrier GlobalCorp Price At Expiration |
Carrier short CALL Option Payoff at expiration
By selling Carrier GlobalCorp's call option, the investors signals his or her bearish sentiment. A short position in a call option written on Carrier GlobalCorp will generally make money when the underlying price goes down. Therefore Carrier GlobalCorp's call intrinsic value or payoff at expiration depends on where the Carrier Stock price is relative to the call option strike price. The strike price of 37.5 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and positive (the seller makes a profit). Above the strike, the payoff line is downward sloping as the option payoff drops in proportion to Carrier GlobalCorp's price. Finally, at the break-even point of 66.9, the line crosses zero, and trading Carrier becomes disadvantageous with no downside limits.
Profit |
| Carrier GlobalCorp Price At Expiration |
Carrier GlobalCorp Available Call Options
Carrier GlobalCorp's option chain is a display of a range of information that helps investors for ways to trade options on Carrier. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Carrier. It also shows strike prices and maturity days for a Carrier GlobalCorp 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 | 2024-05-17 CALL at $30.0 | 0.9903 | 0.0011 | 0 | 2024-05-17 | 33.2 - 36.9 | 0.0 | In |
Call | 2024-05-17 CALL at $32.5 | 0.985 | 0.0017 | 0 | 2024-05-17 | 30.8 - 34.4 | 0.0 | In |
Call | 2024-05-17 CALL at $35.0 | 0.9133 | 0.0042 | 0 | 2024-05-17 | 28.0 - 31.9 | 0.0 | In |
Call | 2024-05-17 CALL at $37.5 | 0.9047 | 0.005 | 0 | 2024-05-17 | 25.5 - 29.4 | 0.0 | In |
Call | 2024-05-17 CALL at $40.0 | 0.9618 | 0.0043 | 25 | 2024-05-17 | 23.8 - 26.8 | 23.95 | In |
Call | 2024-05-17 CALL at $42.5 | 0.9841 | 0.0029 | 0 | 2024-05-17 | 20.4 - 24.7 | 0.0 | In |
Call | 2024-05-17 CALL at $45.0 | 0.9822 | 0.0037 | 0 | 2024-05-17 | 17.9 - 22.2 | 17.2 | In |
Call | 2024-05-17 CALL at $47.5 | 0.9465 | 0.0081 | 1 | 2024-05-17 | 15.9 - 19.7 | 17.0 | In |
Call | 2024-05-17 CALL at $50.0 | 0.9591 | 0.0086 | 4 | 2024-05-17 | 13.5 - 16.8 | 16.1 | In |
Call | 2024-05-17 CALL at $52.5 | 0.9873 | 0.0052 | 10 | 2024-05-17 | 11.0 - 14.0 | 7.94 | In |
Call | 2024-05-17 CALL at $55.0 | 0.9848 | 0.0075 | 1719 | 2024-05-17 | 9.9 - 10.2 | 10.0 | In |
Call | 2024-05-17 CALL at $57.5 | 0.9562 | 0.0195 | 2646 | 2024-05-17 | 5.8 - 9.2 | 7.56 | In |
Call | 2024-05-17 CALL at $60.0 | 0.991 | 0.0109 | 966 | 2024-05-17 | 4.1 - 5.2 | 4.98 | In |
Call | 2024-05-17 CALL at $62.5 | 0.848 | 0.094 | 1050 | 2024-05-17 | 2.5 - 2.85 | 2.39 | In |
Call | 2024-05-17 CALL at $65.0 | 0.4981 | 0.2599 | 1066 | 2024-05-17 | 0.6 - 0.7 | 0.6 | Out |
Call | 2024-05-17 CALL at $67.5 | 0.107 | 0.0936 | 164 | 2024-05-17 | 0.05 - 0.15 | 0.1 | Out |
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Carrier GlobalCorp Corporate Management
Elected by the shareholders, the Carrier GlobalCorp's board of directors comprises two types of representatives: Carrier GlobalCorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Carrier. The board's role is to monitor Carrier GlobalCorp's management team and ensure that shareholders' interests are well served. Carrier GlobalCorp'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, Carrier GlobalCorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Timothy White | President - Refrigeration | Profile | |
| Michael Todman | Independent Director | Profile | |
| Virginia Wilson | Independent Director | Profile | |
| Milena Oliveira | Senior Officer | Profile | |
| JeanPierre Garnier | Lead Independent Director | Profile |
Already Invested in Carrier GlobalCorp?
The danger of trading Carrier GlobalCorp 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 Carrier GlobalCorp 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 Carrier GlobalCorp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Carrier GlobalCorp 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 Carrier GlobalCorp is a strong investment it is important to analyze Carrier GlobalCorp'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 Carrier GlobalCorp's future performance. For an informed investment choice regarding Carrier Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carrier GlobalCorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Carrier Stock, please use our How to Invest in Carrier GlobalCorp guide.You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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When running Carrier GlobalCorp's price analysis, check to measure Carrier GlobalCorp'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 Carrier GlobalCorp is operating at the current time. Most of Carrier GlobalCorp's value examination focuses on studying past and present price action to predict the probability of Carrier GlobalCorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carrier GlobalCorp's price. Additionally, you may evaluate how the addition of Carrier GlobalCorp to your portfolios can decrease your overall portfolio volatility.
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Is Carrier GlobalCorp'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 Carrier GlobalCorp. If investors know Carrier 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 Carrier GlobalCorp 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 (0.34) | Dividend Share 0.75 | Earnings Share 1.43 | Revenue Per Share 26.961 | Quarterly Revenue Growth 0.172 |
The market value of Carrier GlobalCorp is measured differently than its book value, which is the value of Carrier that is recorded on the company's balance sheet. Investors also form their own opinion of Carrier GlobalCorp's value that differs from its market value or its book value, called intrinsic value, which is Carrier GlobalCorp'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 Carrier GlobalCorp's market value can be influenced by many factors that don't directly affect Carrier GlobalCorp'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 Carrier GlobalCorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Carrier GlobalCorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carrier GlobalCorp'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.