CMCSA221209P00029000 Option on Comcast Corp
CMCSA Stock | USD 43.07 0.59 1.39% |
Comcast Corp's option chain provides insight into all available option contracts written on Comcast Corp's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Comcast Corp'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 Comcast option contract.
In The Money vs. Out of Money Option Contracts on Comcast Corp
Analyzing Comcast Corp's in-the-money options over time can help investors to take a profitable long position in Comcast Corp regardless of its overall volatility. This is especially true when Comcast Corp's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Comcast Corp's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Comcast Corp's stock while costing only a fraction of its price.
Comcast Corp's latest option contracts expiring on 2024-03-28 are carrying combined implied volatility of 25.58 with a put-to-call open interest ratio of 1.4 over 94 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on 2024-03-28. The current put volume is at 517, with calls trading at the volume of 2568. This yields a 0.2 put-to-call volume ratio. The Comcast Corp option chain provides detailed quote and price information for the current Comcast Corp option contracts. It shows all of Comcast Corp's listed puts, calls, expiration dates, strike prices, and other pricing information.
Open Interest Against 2024-03-28 Option Contracts
Comcast Corp 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 Comcast Corp's lending market. For example, when Comcast Corp'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 Comcast Corp, he or she must hedge the risk by shorting Comcast Corp stock over its option's life.
2024-03-28
The chart above shows Comcast Corp'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. Comcast Corp's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Comcast Corp's option, there is no secondary market available for investors to trade.
Comcast Corp Maximum Pain Price across 2024-03-28 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 Comcast Corp 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.
Comcast Corp's stock options are financial instruments that give investors the right to buy or sell shares of Comcast Corp common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Comcast stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Comcast Corp'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 Comcast Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. Please note that buying 'in-the-money' options on Comcast Corp lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Comcast Corp'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 Comcast Corp 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 Comcast Stock moves the wrong way.
At present, Comcast Corp's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 4.4 B, whereas Other Stockholder Equity is forecasted to decline to about 21.9 B. Comcast Corp In The Money Call Balance
When Comcast Corp's strike price is surpassing the current stock price, the option contract against Comcast Corp stock is said to be in the money. When it comes to buying Comcast Corp'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 Comcast Corp 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.
Comcast Current Options Market Mood
Comcast Corp'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 Comcast 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 Comcast Corp'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. Comcast Corp'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 Comcast Corp'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 Comcast contract
Base on the Rule 16, the options market is currently suggesting that Comcast Corp will have an average daily up or down price movement of about 1.6% per day over the life of the 2024-03-28 option contract. With Comcast Corp trading at USD 43.07, that is roughly USD 0.69. If you think that the market is fully incorporating Comcast Corp's daily price movement you should consider buying Comcast Corp options at the current volatility level of 25.58%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Comcast |
Purchasing Comcast Corp 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" Comcast calls. Remember, the seller must deliver Comcast Corp stock to the call owner when a call is exercised.
Comcast Corp Option Chain
When Comcast Corp's strike price is surpassing the current stock price, the option contract against Comcast Corp 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.
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Comcast Corp's option chain is a display of a range of information that helps investors for ways to trade options on Comcast. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Comcast. It also shows strike prices and maturity days for a Comcast Corp 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 | 2024-03-28 CALL at $25.0 | 0.9321 | 0.0072 | 0 | 2024-03-28 | 17.9 - 19.55 | 0.0 | In |
Call | 2024-03-28 CALL at $30.0 | 0.8891 | 0.0127 | 0 | 2024-03-28 | 12.1 - 14.0 | 0.0 | In |
Call | 2024-03-28 CALL at $30.5 | 0.9065 | 0.0132 | 0 | 2024-03-28 | 11.8 - 13.2 | 0.0 | In |
Call | 2024-03-28 CALL at $31.0 | 0.8817 | 0.0143 | 0 | 2024-03-28 | 11.05 - 13.0 | 0.0 | In |
Call | 2024-03-28 CALL at $31.5 | 0.9192 | 0.0142 | 0 | 2024-03-28 | 10.5 - 12.0 | 0.0 | In |
Call | 2024-03-28 CALL at $32.0 | 0.8769 | 0.0161 | 0 | 2024-03-28 | 10.9 - 13.0 | 0.0 | In |
Call | 2024-03-28 CALL at $32.5 | 0.9448 | 0.0138 | 0 | 2024-03-28 | 10.35 - 11.2 | 0.0 | In |
Call | 2024-03-28 CALL at $33.0 | 0.8958 | 0.018 | 0 | 2024-03-28 | 9.9 - 11.35 | 0.0 | In |
Call | 2024-03-28 CALL at $33.5 | 0.8944 | 0.0192 | 0 | 2024-03-28 | 7.5 - 10.1 | 0.0 | In |
Call | 2024-03-28 CALL at $34.0 | 0.9536 | 0.0153 | 0 | 2024-03-28 | 7.9 - 9.2 | 0.0 | In |
Call | 2024-03-28 CALL at $34.5 | 0.8855 | 0.0223 | 0 | 2024-03-28 | 7.55 - 9.1 | 0.0 | In |
Call | 2024-03-28 CALL at $35.0 | 0.8387 | 0.0238 | 0 | 2024-03-28 | 6.9 - 9.05 | 0.0 | In |
Call | 2024-03-28 CALL at $35.5 | 0.8997 | 0.0253 | 0 | 2024-03-28 | 7.3 - 8.55 | 0.0 | In |
Call | 2024-03-28 CALL at $36.0 | 0.8289 | 0.0277 | 0 | 2024-03-28 | 5.95 - 8.0 | 0.0 | In |
Call | 2024-03-28 CALL at $36.5 | 0.772 | 0.0258 | 0 | 2024-03-28 | 4.6 - 8.35 | 0.0 | In |
Call | 2024-03-28 CALL at $37.0 | 0.9963 | 0.0044 | 5 | 2024-03-28 | 5.1 - 7.05 | 5.05 | In |
Call | 2024-03-28 CALL at $37.5 | 0.813 | 0.0361 | 0 | 2024-03-28 | 4.6 - 6.4 | 0.0 | In |
Call | 2024-03-28 CALL at $38.0 | 0.9597 | 0.0274 | 3 | 2024-03-28 | 4.4 - 5.85 | 5.4 | In |
Call | 2024-03-28 CALL at $38.5 | 0.7783 | 0.0421 | 4 | 2024-03-28 | 3.35 - 5.55 | 4.05 | In |
Call | 2024-03-28 CALL at $39.0 | 0.7346 | 0.0409 | 0 | 2024-03-28 | 2.34 - 5.5 | 0.0 | In |
Call | 2024-03-28 CALL at $39.5 | 0.7514 | 0.0516 | 0 | 2024-03-28 | 2.12 - 4.55 | 0.0 | In |
Call | 2024-03-28 CALL at $40.0 | 0.8591 | 0.073 | 35 | 2024-03-28 | 2.53 - 3.3 | 2.88 | In |
Call | 2024-03-28 CALL at $40.5 | 0.8136 | 0.0864 | 3 | 2024-03-28 | 2.39 - 2.9 | 2.56 | In |
Call | 2024-03-28 CALL at $41.0 | 0.7242 | 0.0866 | 25 | 2024-03-28 | 1.2 - 2.76 | 1.93 | In |
Call | 2024-03-28 CALL at $41.5 | 0.78 | 0.1381 | 8 | 2024-03-28 | 1.38 - 2.32 | 1.3 | In |
Call | 2024-03-28 CALL at $42.0 | 0.6259 | 0.096 | 185 | 2024-03-28 | 0.89 - 2.15 | 0.94 | In |
Call | 2024-03-28 CALL at $42.5 | 0.7454 | 0.3614 | 320 | 2024-03-28 | 0.6 - 0.82 | 0.52 | In |
Call | 2024-03-28 CALL at $43.0 | 0.566 | 0.8659 | 1317 | 2024-03-28 | 0.22 - 0.25 | 0.22 | In |
Call | 2024-03-28 CALL at $43.5 | 0.1699 | 0.5714 | 857 | 2024-03-28 | 0.03 - 0.05 | 0.04 | Out |
Call | 2024-03-28 CALL at $44.0 | 0.0452 | 0.1763 | 2037 | 2024-03-28 | 0.01 - 0.02 | 0.01 | Out |
Put | 2024-03-28 PUT at $60.0 | -0.9061 | 0.0168 | 0 | 2024-03-28 | 16.75 - 17.9 | 0.0 | In |
Put | 2024-03-28 PUT at $55.0 | -0.9078 | 0.0222 | 0 | 2024-03-28 | 10.85 - 13.6 | 0.0 | In |
Put | 2024-03-28 PUT at $54.0 | -0.9329 | 0.021 | 0 | 2024-03-28 | 10.65 - 11.1 | 0.0 | In |
Put | 2024-03-28 PUT at $53.0 | -0.8277 | 0.0298 | 0 | 2024-03-28 | 8.9 - 10.65 | 0.0 | In |
Put | 2024-03-28 PUT at $52.0 | -0.8342 | 0.0325 | 0 | 2024-03-28 | 7.9 - 9.55 | 0.0 | In |
Put | 2024-03-28 PUT at $51.0 | -0.8253 | 0.036 | 0 | 2024-03-28 | 7.0 - 8.55 | 0.0 | In |
Put | 2024-03-28 PUT at $50.0 | -0.9136 | 0.0347 | 0 | 2024-03-28 | 6.0 - 7.1 | 0.0 | In |
Put | 2024-03-28 PUT at $49.0 | -0.9779 | 0.0195 | 0 | 2024-03-28 | 4.95 - 6.95 | 0.0 | In |
Put | 2024-03-28 PUT at $48.5 | -0.7342 | 0.0455 | 0 | 2024-03-28 | 4.25 - 6.5 | 0.0 | In |
Put | 2024-03-28 PUT at $48.0 | -0.9161 | 0.0468 | 0 | 2024-03-28 | 4.05 - 6.05 | 0.0 | In |
Put | 2024-03-28 PUT at $47.5 | -0.7462 | 0.0555 | 0 | 2024-03-28 | 3.25 - 5.25 | 0.0 | In |
Put | 2024-03-28 PUT at $47.0 | -0.7098 | 0.0567 | 1 | 2024-03-28 | 2.46 - 4.95 | 4.28 | In |
Put | 2024-03-28 PUT at $46.5 | -0.6914 | 0.0606 | 0 | 2024-03-28 | 1.96 - 4.5 | 2.98 | In |
Put | 2024-03-28 PUT at $46.0 | -0.8165 | 0.0879 | 8 | 2024-03-28 | 1.44 - 5.0 | 2.49 | In |
Put | 2024-03-28 PUT at $45.5 | -0.7484 | 0.0956 | 0 | 2024-03-28 | 0.86 - 2.91 | 0.0 | In |
Put | 2024-03-28 PUT at $45.0 | -0.8722 | 0.1282 | 1 | 2024-03-28 | 1.35 - 2.71 | 3.32 | In |
Put | 2024-03-28 PUT at $44.5 | -0.7073 | 0.1405 | 10 | 2024-03-28 | 1.1 - 2.63 | 1.33 | In |
Put | 2024-03-28 PUT at $44.0 | -0.9497 | 0.1902 | 41 | 2024-03-28 | 0.8 - 1.08 | 1.43 | In |
Put | 2024-03-28 PUT at $43.5 | -0.6317 | 0.3106 | 102 | 2024-03-28 | 0.43 - 1.61 | 0.73 | In |
Put | 2024-03-28 PUT at $43.0 | -0.4438 | 0.7348 | 325 | 2024-03-28 | 0.15 - 0.18 | 0.18 | Out |
Put | 2024-03-28 PUT at $42.5 | -0.1609 | 0.4167 | 317 | 2024-03-28 | 0.03 - 0.06 | 0.05 | Out |
Put | 2024-03-28 PUT at $42.0 | -0.0828 | 0.1934 | 1246 | 2024-03-28 | 0.02 - 0.04 | 0.03 | Out |
Put | 2024-03-28 PUT at $41.5 | -0.0489 | 0.1039 | 98 | 2024-03-28 | 0.0 - 0.46 | 0.02 | Out |
Put | 2024-03-28 PUT at $41.0 | -0.04 | 0.0705 | 287 | 2024-03-28 | 0.0 - 0.65 | 0.02 | Out |
Put | 2024-03-28 PUT at $40.0 | -0.0178 | 0.0287 | 172 | 2024-03-28 | 0.0 - 0.01 | 0.01 | Out |
Put | 2024-03-28 PUT at $25.0 | -0.0034 | 0.0011 | 5 | 2024-03-28 | 0.0 - 0.01 | 0.01 | Out |
Comcast Corp 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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Comcast Corp 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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Comcast Total Stockholder Equity
Total Stockholder Equity |
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Pair Trading with Comcast Corp
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 Comcast Corp 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 Comcast Corp will appreciate offsetting losses from the drop in the long position's value.Moving against Comcast Stock
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The ability to find closely correlated positions to Comcast Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Comcast Corp 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 Comcast Corp - 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 Comcast Corp to buy it.
The correlation of Comcast Corp 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 Comcast Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Comcast Corp 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 Comcast Corp 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Comcast Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For information on how to trade Comcast Stock refer to our How to Trade Comcast Stock guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
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When running Comcast Corp's price analysis, check to measure Comcast Corp'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 Comcast Corp is operating at the current time. Most of Comcast Corp's value examination focuses on studying past and present price action to predict the probability of Comcast Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comcast Corp's price. Additionally, you may evaluate how the addition of Comcast Corp to your portfolios can decrease your overall portfolio volatility.
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Is Comcast Corp'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 Comcast Corp. If investors know Comcast 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 Comcast Corp 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 0.144 | Dividend Share 1.16 | Earnings Share 3.71 | Revenue Per Share 29.493 | Quarterly Revenue Growth 0.023 |
The market value of Comcast Corp is measured differently than its book value, which is the value of Comcast that is recorded on the company's balance sheet. Investors also form their own opinion of Comcast Corp's value that differs from its market value or its book value, called intrinsic value, which is Comcast Corp'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 Comcast Corp's market value can be influenced by many factors that don't directly affect Comcast Corp'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 Comcast Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comcast Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comcast Corp'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.