Clean Harbors Stock Options

CLH Stock  USD 196.00  5.02  2.50%   
Clean Harbors' option chain provides insight into all available option contracts written on Clean Harbors' stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Clean Harbors' 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 Clean option contract.

In The Money vs. Out of Money Option Contracts on Clean Harbors

Analyzing Clean Harbors' in-the-money options over time can help investors to take a profitable long position in Clean Harbors regardless of its overall volatility. This is especially true when Clean Harbors' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Clean Harbors' options could be used as guardians of the underlying stock as they move almost dollar for dollar with Clean Harbors' stock while costing only a fraction of its price.
Clean Harbors' latest option contracts expiring on 2024-05-17 are carrying combined implied volatility of 37.12 with a put-to-call open interest ratio of 0.16 over 58 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2024-05-17. The current put volume is at 5, with calls trading at the volume of 65. This yields a 0.08 put-to-call volume ratio. The Clean Harbors option chain provides detailed quote and price information for the current Clean Harbors option contracts. It shows all of Clean Harbors' listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2024-05-17 Option Contracts

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

Clean Harbors Maximum Pain Price across 2024-05-17 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 Clean Harbors 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.
Clean Harbors' stock options are financial instruments that give investors the right to buy or sell shares of Clean Harbors common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Clean stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Clean Harbors' 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 Clean Harbors. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more detail on how to invest in Clean Stock please use our How to Invest in Clean Harbors guide.
Please note that buying 'in-the-money' options on Clean Harbors lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Clean Harbors' 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 Clean Harbors 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 Clean Stock moves the wrong way.
As of now, Clean Harbors' Stock Based Compensation To Revenue is increasing as compared to previous years.

Clean Harbors In The Money Call Balance

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

Clean Current Options Market Mood

Clean Harbors' 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 Clean 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 Clean Harbors' calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Clean Harbors' 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 Clean Harbors' 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 Clean contract

Base on the Rule 16, the options market is currently suggesting that Clean Harbors will have an average daily up or down price movement of about 2.32% per day over the life of the 2024-05-17 option contract. With Clean Harbors trading at USD 196.0, that is roughly USD 4.55. If you think that the market is fully incorporating Clean Harbors' daily price movement you should consider buying Clean Harbors options at the current volatility level of 37.12%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Clean Harbors 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" Clean calls. Remember, the seller must deliver Clean Harbors stock to the call owner when a call is exercised.

Clean Harbors Option Chain

When Clean Harbors' strike price is surpassing the current stock price, the option contract against Clean Harbors 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.
Clean Harbors' option chain is a display of a range of information that helps investors for ways to trade options on Clean. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Clean. It also shows strike prices and maturity days for a Clean Harbors 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
2024-05-17 CALL at $100.00.99333.0E-402024-05-1799.1 - 103.90.0In
Call
2024-05-17 CALL at $105.00.98835.0E-402024-05-1794.4 - 98.90.0In
Call
2024-05-17 CALL at $110.00.99383.0E-402024-05-1789.1 - 93.90.0In
Call
2024-05-17 CALL at $115.00.98985.0E-402024-05-1784.2 - 89.00.0In
Call
2024-05-17 CALL at $120.00.98986.0E-402024-05-1779.2 - 84.00.0In
Call
2024-05-17 CALL at $125.00.98757.0E-402024-05-1774.3 - 79.00.0In
Call
2024-05-17 CALL at $130.00.99285.0E-402024-05-1769.1 - 74.00.0In
Call
2024-05-17 CALL at $135.00.99017.0E-402024-05-1764.2 - 69.00.0In
Call
2024-05-17 CALL at $140.00.99048.0E-402024-05-1759.2 - 64.00.0In
Call
2024-05-17 CALL at $145.00.9810.001402024-05-1754.5 - 59.00.0In
Call
2024-05-17 CALL at $150.00.98040.001602024-05-1749.5 - 54.00.0In
Call
2024-05-17 CALL at $155.00.9670.002502024-05-1744.5 - 49.40.0In
Call
2024-05-17 CALL at $160.00.95590.003302024-05-1739.7 - 44.50.0In
Call
2024-05-17 CALL at $165.00.9520.00402024-05-1734.7 - 39.50.0In
Call
2024-05-17 CALL at $170.00.94060.005212024-05-1730.5 - 33.924.67In
Call
2024-05-17 CALL at $175.00.90090.0075122024-05-1726.2 - 29.330.3In
Call
2024-05-17 CALL at $180.00.86440.0122024-05-1722.8 - 23.620.63In
Call
2024-05-17 CALL at $185.00.8120.012902024-05-1718.5 - 19.30.0In
Call
2024-05-17 CALL at $190.00.75980.017182024-05-1713.4 - 15.38.4In
Call
2024-05-17 CALL at $195.00.65330.01883532024-05-1711.3 - 11.711.1In
Call
2024-05-17 CALL at $200.00.55430.02083132024-05-178.2 - 8.58.42In
Call
2024-05-17 CALL at $210.00.34460.0202682024-05-173.9 - 4.13.85Out
Call
2024-05-17 CALL at $220.00.17840.014412272024-05-171.5 - 1.851.45Out
Call
2024-05-17 CALL at $230.00.0790.008182024-05-170.55 - 0.70.35Out
Call
2024-05-17 CALL at $240.00.03730.004310222024-05-170.05 - 0.50.29Out
 Put
2024-05-17 PUT at $155.0-0.02480.002102024-05-170.05 - 0.50.0Out
 Put
2024-05-17 PUT at $160.0-0.03580.002912024-05-170.05 - 0.751.17Out
 Put
2024-05-17 PUT at $165.0-0.03630.003402024-05-170.15 - 0.550.0Out
 Put
2024-05-17 PUT at $170.0-0.08360.005902024-05-170.5 - 1.60.0Out
 Put
2024-05-17 PUT at $175.0-0.06330.0065142024-05-170.15 - 0.951.36Out
 Put
2024-05-17 PUT at $180.0-0.09950.0095302024-05-170.3 - 1.52.9Out
 Put
2024-05-17 PUT at $185.0-0.18440.0131412024-05-172.0 - 2.33.3Out
 Put
2024-05-17 PUT at $190.0-0.26230.01612832024-05-173.1 - 3.43.4Out
 Put
2024-05-17 PUT at $195.0-0.34660.0193372024-05-174.5 - 4.95.2Out
 Put
2024-05-17 PUT at $200.0-0.44880.0227582024-05-176.5 - 6.87.41Out
 Put
2024-05-17 PUT at $210.0-0.66450.0205112024-05-1712.1 - 12.511.3In
 Put
2024-05-17 PUT at $220.0-0.80130.014102024-05-1718.0 - 21.720.7In
 Put
2024-05-17 PUT at $230.0-0.92230.007902024-05-1727.2 - 31.532.1In
 Put
2024-05-17 PUT at $240.0-0.83360.007502024-05-1736.5 - 41.30.0In
 Put
2024-05-17 PUT at $250.0-0.85060.006102024-05-1746.5 - 51.30.0In
 Put
2024-05-17 PUT at $260.0-0.85930.005202024-05-1756.5 - 61.40.0In
 Put
2024-05-17 PUT at $270.0-0.86840.004502024-05-1766.5 - 71.40.0In
 Put
2024-05-17 PUT at $280.0-0.87570.00402024-05-1776.5 - 81.40.0In

Clean Harbors 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  

Clean Harbors 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  

Clean Total Stockholder Equity

Total Stockholder Equity

2.36 Billion

As of now, Clean Harbors' Total Stockholder Equity is increasing as compared to previous years.

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Our tools can tell you how much better you can do entering a position in Clean Harbors without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Clean Harbors Corporate Directors

Clean Harbors corporate directors refer to members of a Clean Harbors board of directors. The board of directors generally takes responsibility for the Clean Harbors' 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 Clean Harbors' board members must vote for the resolution. The Clean Harbors board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Rod MarlinIndependent DirectorProfile
John WelchIndependent DirectorProfile
John DeVillarsIndependent DirectorProfile
Eugene BanucciLead Independent DirectorProfile

Already Invested in Clean Harbors?

The danger of trading Clean Harbors 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 Clean Harbors 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 Clean Harbors. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Clean Harbors 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 Clean Harbors offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Clean Harbors' 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 Clean Harbors Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Clean Harbors Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clean Harbors. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more detail on how to invest in Clean Stock please use our How to Invest in Clean Harbors guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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Is Clean Harbors' 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 Clean Harbors. If investors know Clean 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 Clean Harbors 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
0.194
Earnings Share
6.96
Revenue Per Share
100.038
Quarterly Revenue Growth
0.047
Return On Assets
0.0612
The market value of Clean Harbors is measured differently than its book value, which is the value of Clean that is recorded on the company's balance sheet. Investors also form their own opinion of Clean Harbors' value that differs from its market value or its book value, called intrinsic value, which is Clean Harbors' 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 Clean Harbors' market value can be influenced by many factors that don't directly affect Clean Harbors' 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 Clean Harbors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Clean Harbors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clean Harbors' 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.