Comerica Stock Options

CMA Stock  USD 54.99  0.76  1.40%   
Comerica's option chain provides insight into all available option contracts written on Comerica's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Comerica'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 Comerica option contract.

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

Analyzing Comerica's in-the-money options over time can help investors to take a profitable long position in Comerica regardless of its overall volatility. This is especially true when Comerica's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Comerica's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Comerica's stock while costing only a fraction of its price.
Comerica's latest option contracts expiring on 2024-04-05 are carrying combined implied volatility of 33.25 with a put-to-call open interest ratio of 0.66 over 68 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on 2024-04-05. The current put volume is at 108, with calls trading at the volume of 316. This yields a 0.34 put-to-call volume ratio. The Comerica option chain provides detailed quote and price information for the current Comerica option contracts. It shows all of Comerica's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2024-04-05 Option Contracts

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

Comerica Maximum Pain Price across 2024-04-05 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 Comerica 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.
Comerica's stock options are financial instruments that give investors the right to buy or sell shares of Comerica common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Comerica stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Comerica'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 Comerica. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For information on how to trade Comerica Stock refer to our How to Trade Comerica Stock guide.
Please note that buying 'in-the-money' options on Comerica lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Comerica'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 Comerica 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 Comerica Stock moves the wrong way.
The current year's Common Stock Shares Outstanding is expected to grow to about 167 M, whereas Total Stockholder Equity is forecasted to decline to about 5.6 B.

Comerica In The Money Call Balance

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

Comerica Current Options Market Mood

Comerica'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 Comerica 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 Comerica'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. Comerica'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 Comerica'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 Comerica contract

Base on the Rule 16, the options market is currently suggesting that Comerica will have an average daily up or down price movement of about 2.08% per day over the life of the 2024-04-05 option contract. With Comerica trading at USD 54.99, that is roughly USD 1.14. If you think that the market is fully incorporating Comerica's daily price movement you should consider buying Comerica options at the current volatility level of 33.25%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Comerica 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" Comerica calls. Remember, the seller must deliver Comerica stock to the call owner when a call is exercised.

Comerica Option Chain

When Comerica's strike price is surpassing the current stock price, the option contract against Comerica 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.
Comerica's option chain is a display of a range of information that helps investors for ways to trade options on Comerica. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Comerica. It also shows strike prices and maturity days for a Comerica 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
2024-04-05 CALL at $30.00.99638.0E-402024-04-0524.3 - 25.70.0In
Call
2024-04-05 CALL at $35.00.91190.007402024-04-0518.5 - 21.00.0In
Call
2024-04-05 CALL at $36.00.97620.004502024-04-0517.0 - 21.20.0In
Call
2024-04-05 CALL at $37.00.94170.007602024-04-0516.6 - 20.20.0In
Call
2024-04-05 CALL at $38.00.94320.008102024-04-0515.9 - 18.80.0In
Call
2024-04-05 CALL at $39.00.87850.010602024-04-0514.0 - 17.30.0In
Call
2024-04-05 CALL at $40.00.85620.011402024-04-0513.0 - 16.70.0In
Call
2024-04-05 CALL at $41.00.92750.011502024-04-0512.6 - 16.20.0In
Call
2024-04-05 CALL at $42.00.87450.014102024-04-0511.5 - 14.00.0In
Call
2024-04-05 CALL at $43.00.96420.0102024-04-0510.0 - 14.20.0In
Call
2024-04-05 CALL at $44.00.8360.017132024-04-059.1 - 12.48.9In
Call
2024-04-05 CALL at $45.00.90620.018852024-04-058.6 - 12.27.25In
Call
2024-04-05 CALL at $46.00.95510.015802024-04-057.1 - 11.10.0In
Call
2024-04-05 CALL at $47.00.89810.024802024-04-056.6 - 10.10.0In
Call
2024-04-05 CALL at $48.00.8590.030162024-04-056.0 - 9.14.2In
Call
2024-04-05 CALL at $49.00.73180.026232024-04-054.2 - 8.35.87In
Call
2024-04-05 CALL at $50.00.83590.0438162024-04-053.8 - 7.22.9In
Call
2024-04-05 CALL at $51.00.94570.0418472024-04-053.8 - 4.31.95In
Call
2024-04-05 CALL at $52.00.87580.0751312024-04-052.1 - 3.43.16In
Call
2024-04-05 CALL at $53.00.7650.10552772024-04-051.3 - 2.42.4In
Call
2024-04-05 CALL at $54.00.66150.1443222024-04-051.5 - 1.651.4In
Call
2024-04-05 CALL at $55.00.50710.16661562024-04-050.9 - 1.050.95Out
Call
2024-04-05 CALL at $56.00.3380.1603302024-04-050.5 - 0.60.5Out
Call
2024-04-05 CALL at $57.00.21780.1196202024-04-050.25 - 0.350.3Out
Call
2024-04-05 CALL at $58.00.1240.082332024-04-050.1 - 0.20.31Out
Call
2024-04-05 CALL at $59.00.06790.051352024-04-050.05 - 0.10.47Out
 Put
2024-04-05 PUT at $47.0-0.02750.01381112024-04-050.05 - 0.10.05Out
 Put
2024-04-05 PUT at $49.0-0.05590.02761012024-04-050.0 - 0.10.1Out
 Put
2024-04-05 PUT at $50.0-0.03990.0283192024-04-050.0 - 0.10.05Out
 Put
2024-04-05 PUT at $51.0-0.0620.0446742024-04-050.05 - 0.10.75Out
 Put
2024-04-05 PUT at $52.0-0.1010.072212024-04-050.1 - 0.150.12Out
 Put
2024-04-05 PUT at $53.0-0.18890.1145322024-04-050.2 - 0.30.25Out
 Put
2024-04-05 PUT at $54.0-0.32420.1558522024-04-050.45 - 0.550.5Out
 Put
2024-04-05 PUT at $55.0-0.49230.1681612024-04-050.8 - 0.950.95In
 Put
2024-04-05 PUT at $56.0-0.67360.169702024-04-051.4 - 1.551.45In
 Put
2024-04-05 PUT at $57.0-0.69670.097202024-04-052.15 - 3.20.0In
 Put
2024-04-05 PUT at $58.0-0.74440.076402024-04-052.95 - 4.30.0In
 Put
2024-04-05 PUT at $59.0-0.72520.056302024-04-053.8 - 6.10.0In
 Put
2024-04-05 PUT at $60.0-0.710.044602024-04-052.8 - 6.30.0In
 Put
2024-04-05 PUT at $61.0-0.87180.043302024-04-054.6 - 8.00.0In
 Put
2024-04-05 PUT at $62.0-0.68880.031802024-04-054.8 - 9.00.0In
 Put
2024-04-05 PUT at $63.0-0.8060.034402024-04-055.8 - 8.80.0In
 Put
2024-04-05 PUT at $64.0-0.71140.027502024-04-057.0 - 11.00.0In
 Put
2024-04-05 PUT at $65.0-0.73390.026402024-04-057.8 - 11.80.0In
 Put
2024-04-05 PUT at $70.0-0.97870.00802024-04-0513.0 - 17.10.0In
 Put
2024-04-05 PUT at $75.0-0.85010.01602024-04-0518.0 - 21.00.0In

Comerica 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  

Comerica 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  

Comerica Total Stockholder Equity

Total Stockholder Equity

5.56 Billion

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

Comerica Investors Sentiment

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

Comerica Implied Volatility

    
  33.25  
Comerica's implied volatility exposes the market's sentiment of Comerica stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Comerica'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 Comerica stock will not fluctuate a lot when Comerica'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 Comerica 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, Comerica's short interest history, or implied volatility extrapolated from Comerica options trading.

Pair Trading with Comerica

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

Moving together with Comerica Stock

  0.78MBCN Middlefield Banc Fiscal Quarter End 31st of March 2024 PairCorr
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Moving against Comerica Stock

  0.68VBFC Village Bank AndPairCorr
  0.61WF Woori Financial Group Financial Report 21st of May 2024 PairCorr
  0.58KB KB Financial Group Financial Report 20th of May 2024 PairCorr
  0.5RF-PC Regions FinancialPairCorr
  0.49RF-PB Regions FinancialPairCorr
The ability to find closely correlated positions to Comerica could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Comerica 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 Comerica - 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 Comerica to buy it.
The correlation of Comerica 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 Comerica moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Comerica 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 Comerica 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 Comerica offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Comerica'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 Comerica Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Comerica Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comerica. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For information on how to trade Comerica Stock refer to our How to Trade Comerica Stock guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.

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Is Comerica'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 Comerica. If investors know Comerica 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 Comerica 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
(0.92)
Dividend Share
2.84
Earnings Share
6.44
Revenue Per Share
26.538
Quarterly Revenue Growth
(0.22)
The market value of Comerica is measured differently than its book value, which is the value of Comerica that is recorded on the company's balance sheet. Investors also form their own opinion of Comerica's value that differs from its market value or its book value, called intrinsic value, which is Comerica'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 Comerica's market value can be influenced by many factors that don't directly affect Comerica'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 Comerica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comerica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comerica'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.