2024-06-21 CALL at $7.5 Option on Compass Minerals Int
| CMP Stock | USD 12.96 0.57 4.60% |
2024-06-21 CALL at $7.5 is a CALL option contract on Compass Minerals' common stock with a strick price of 7.5 expiring on 2024-06-21. The contract was not traded in recent days and, as of today, has 19 days remaining before the expiration. The option is currently trading at a bid price of $5.2, and an ask price of $6.7. The implied volatility as of the 2nd of June is 244.58.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Compass Minerals International. 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.
Compass |
Call options on Compass Minerals give the investor right to buy Compass Stock at a specified price within a specific period. The strike price represents the predetermined price at which a call buyer can buy Compass Stock. Call options may be purchased for speculation or sold for income purposes, or simply combined for various spread or combination strategies. If Compass Minerals' price is above the strike price at expiry, the profit is the current Compass Minerals' stock price, minus the strike price and the premium.
Rule 16 of 2024-06-21 Option Contract
The options market is anticipating that Compass Minerals International will have an average daily up or down price movement of about 15.29% per day over the life of the option. With Compass Minerals trading at USD 12.96, that is roughly USD 1.98. If you think that the market is fully understating Compass Minerals' daily price movement you should consider buying Compass Minerals International options at that current volatility level of 244.58%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Call Option on Compass Minerals
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 Compass Minerals 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 Compass 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 | 2024-06-21 CALL at $7.5 |
| Expires On | 2024-06-21 |
| Days Before Expriration | 19 |
| Last Traded On | 0000-00-00 00:00:00 |
| Contract Period | MONTHLY |
| Open Interest | 0 |
| Current Trading Volume | 0.0 |
| Strike Price | 7.5 |
| Last Traded At | 0.0 |
| Current Price Spread | 5.2 | 6.7 |
| Rule 16 Daily Up or Down | USD1.98 |
Compass short CALL Option Greeks
Compass Minerals' Option Greeks for the contract ending on 2024-06-21 at a strike price of 7.5 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 Compass Minerals' option greeks, its implied volatility helps estimate the risk of Compass Minerals stock implied by the prices of the options on Compass Minerals' stock.
| Delta | 0.8916 | |
| Gamma | 0.0248 | |
| Theta | -0.0337 | |
| Vega | 0.0056 | |
| Rho | 0.0025 |
Compass long CALL Option Payoff at expiration
Buying Compass Minerals' call option is the simplest of option trades. A call option on Compass Stock gives investors the right (but not the obligation) to purchase Compass Minerals at the given strike price. Therefore Compass Minerals' call intrinsic value or payoff at expiration depends on where the Compass Stock price is relative to the call option strike price. The strike price of 7.5 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 Compass Minerals' price. Finally, at the break-even point of 13.45, the line crosses zero, and trading Compass becomes profitable.
Profit |
| Compass Minerals Price At Expiration |
Compass short CALL Option Payoff at expiration
By selling Compass Minerals' call option, the investors signals his or her bearish sentiment. A short position in a call option written on Compass Minerals will generally make money when the underlying price goes down. Therefore Compass Minerals' call intrinsic value or payoff at expiration depends on where the Compass Stock price is relative to the call option strike price. The strike price of 7.5 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 Compass Minerals' price. Finally, at the break-even point of 13.45, the line crosses zero, and trading Compass becomes disadvantageous with no downside limits.
Profit |
| Compass Minerals Price At Expiration |
Compass Minerals Int Available Call Options
Compass Minerals' option chain is a display of a range of information that helps investors for ways to trade options on Compass. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Compass. It also shows strike prices and maturity days for a Compass Minerals 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 | 2024-06-21 CALL at $2.5 | 0.9661 | 0.0037 | 0 | 2024-06-21 | 10.2 - 11.7 | 0.0 | In |
Call | 2024-06-21 CALL at $5.0 | 0.9331 | 0.011 | 0 | 2024-06-21 | 7.7 - 9.2 | 0.0 | In |
Call | 2024-06-21 CALL at $7.5 | 0.8916 | 0.0248 | 0 | 2024-06-21 | 5.2 - 6.7 | 0.0 | In |
Call | 2024-06-21 CALL at $10.0 | 0.9118 | 0.0591 | 6 | 2024-06-21 | 1.25 - 4.9 | 2.6 | In |
Call | 2024-06-21 CALL at $12.5 | 0.6268 | 0.2035 | 98 | 2024-06-21 | 0.85 - 1.45 | 0.98 | In |
Call | 2024-06-21 CALL at $15.0 | 0.1312 | 0.133 | 656 | 2024-06-21 | 0.05 - 0.1 | 0.1 | Out |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Compass Minerals 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.Did you try this?
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Compass Minerals Corporate Directors
Compass Minerals corporate directors refer to members of a Compass Minerals board of directors. The board of directors generally takes responsibility for the Compass Minerals' 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 Compass Minerals' board members must vote for the resolution. The Compass Minerals board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Lori Walker | Independent Director | Profile | |
| Eric Ford | Independent Director | Profile | |
| Valdemar Fischer | Independent Director | Profile | |
| Paul Williams | Independent Director | Profile |
Already Invested in Compass Minerals International?
The danger of trading Compass Minerals International 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 Compass Minerals 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 Compass Minerals. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Compass Minerals Int 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 Compass Minerals Int is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Compass Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Compass Minerals International Stock. Highlighted below are key reports to facilitate an investment decision about Compass Minerals International Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Compass Minerals International. 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. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Compass Stock analysis
When running Compass Minerals' price analysis, check to measure Compass Minerals' 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 Compass Minerals is operating at the current time. Most of Compass Minerals' value examination focuses on studying past and present price action to predict the probability of Compass Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Compass Minerals' price. Additionally, you may evaluate how the addition of Compass Minerals to your portfolios can decrease your overall portfolio volatility.
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Is Compass Minerals' 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 Compass Minerals. If investors know Compass 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 Compass Minerals 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 2.88 | Earnings Share (2.07) | Revenue Per Share 44.542 | Quarterly Revenue Growth (0.25) |
The market value of Compass Minerals Int is measured differently than its book value, which is the value of Compass that is recorded on the company's balance sheet. Investors also form their own opinion of Compass Minerals' value that differs from its market value or its book value, called intrinsic value, which is Compass Minerals' 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 Compass Minerals' market value can be influenced by many factors that don't directly affect Compass Minerals' 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 Compass Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Compass Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Compass Minerals' 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.