EPAM240517P00185000 Option on EPAM Systems
| EPAM Stock | USD 174.51 0.82 0.47% |
EPAM Systems' latest option contracts expiring on 2024-06-21 are carrying combined implied volatility of 34.71 with a put-to-call open interest ratio of 0.5 over 90 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on 2024-06-21. The current put volume is at 20.0, with calls trading at the volume of 55.0. This yields a 0.36 put-to-call volume ratio.
Open Interest Against 2024-06-21 Option Contracts
2024-06-21
The chart above shows EPAM Systems' 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. EPAM Systems' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for EPAM Systems' option, there is no secondary market available for investors to trade.
EPAM Systems Maximum Pain Price across 2024-06-21 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 EPAM Systems 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.
EPAM Systems' option chain provides insight into all available option contracts written on EPAM Systems' stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of EPAM Systems' 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 EPAM option contract.
In The Money vs. Out of Money Option Contracts on EPAM Systems
Analyzing EPAM Systems' in-the-money options over time can help investors to take a profitable long position in EPAM Systems regardless of its overall volatility. This is especially true when EPAM Systems' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money EPAM Systems' options could be used as guardians of the underlying stock as they move almost dollar for dollar with EPAM Systems' stock while costing only a fraction of its price.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Please note that buying 'in-the-money' options on EPAM Systems lessens the impact of time decay, as they carry both intrinsic and time value. So, even if EPAM Systems' 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 EPAM Systems 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 EPAM Stock moves the wrong way.
At this time, EPAM Systems' Total Stockholder Equity is very stable compared to the past year. As of the 16th of June 2024, Liabilities And Stockholders Equity is likely to grow to about 4.6 B, while Common Stock Total Equity is likely to drop about 48.8 K. EPAM Systems In The Money Call Balance
When EPAM Systems' strike price is surpassing the current stock price, the option contract against EPAM Systems stock is said to be in the money. When it comes to buying EPAM Systems' 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 EPAM Systems 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.
EPAM Current Options Market Mood
EPAM Systems' 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 EPAM 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 EPAM Systems' calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. EPAM Systems' 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 EPAM Systems' 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 EPAM contract
Base on the Rule 16, the options market is currently suggesting that EPAM Systems will have an average daily up or down price movement of about 2.17% per day over the life of the 2024-06-21 option contract. With EPAM Systems trading at USD 174.51, that is roughly USD 3.79. If you think that the market is fully incorporating EPAM Systems' daily price movement you should consider buying EPAM Systems options at the current volatility level of 34.71%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
EPAM |
Purchasing EPAM Systems 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" EPAM calls. Remember, the seller must deliver EPAM Systems stock to the call owner when a call is exercised.
EPAM Systems Option Chain
When EPAM Systems' strike price is surpassing the current stock price, the option contract against EPAM Systems 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.
EPAM Systems' option chain is a display of a range of information that helps investors for ways to trade options on EPAM. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for EPAM. It also shows strike prices and maturity days for a EPAM Systems 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 $110.0 | 0.9754 | 0.0012 | 2 | 2024-06-21 | 63.8 - 72.5 | 154.4 | In |
Call | 2024-06-21 CALL at $115.0 | 0.9799 | 0.0012 | 0 | 2024-06-21 | 58.5 - 67.5 | 0.0 | In |
Call | 2024-06-21 CALL at $120.0 | 0.9783 | 0.0014 | 0 | 2024-06-21 | 53.5 - 62.5 | 0.0 | In |
Call | 2024-06-21 CALL at $125.0 | 0.9739 | 0.0018 | 0 | 2024-06-21 | 48.6 - 57.5 | 0.0 | In |
Call | 2024-06-21 CALL at $130.0 | 0.9636 | 0.0024 | 0 | 2024-06-21 | 43.6 - 52.8 | 0.0 | In |
Call | 2024-06-21 CALL at $135.0 | 0.9601 | 0.0029 | 0 | 2024-06-21 | 38.6 - 47.8 | 0.0 | In |
Call | 2024-06-21 CALL at $140.0 | 0.9501 | 0.0038 | 0 | 2024-06-21 | 33.8 - 42.8 | 0.0 | In |
Call | 2024-06-21 CALL at $145.0 | 0.9794 | 0.0027 | 0 | 2024-06-21 | 28.6 - 37.1 | 0.0 | In |
Call | 2024-06-21 CALL at $150.0 | 0.9368 | 0.0061 | 0 | 2024-06-21 | 23.8 - 32.8 | 34.11 | In |
Call | 2024-06-21 CALL at $155.0 | 0.9397 | 0.0074 | 0 | 2024-06-21 | 21.2 - 25.1 | 0.0 | In |
Call | 2024-06-21 CALL at $160.0 | 0.9049 | 0.0115 | 1 | 2024-06-21 | 16.6 - 20.2 | 15.92 | In |
Call | 2024-06-21 CALL at $165.0 | 0.803 | 0.0169 | 22 | 2024-06-21 | 11.6 - 14.6 | 12.0 | In |
Call | 2024-06-21 CALL at $170.0 | 0.8434 | 0.0299 | 8 | 2024-06-21 | 7.5 - 9.3 | 11.5 | In |
Call | 2024-06-21 CALL at $175.0 | 0.6982 | 0.0638 | 89 | 2024-06-21 | 2.6 - 5.0 | 5.7 | In |
Call | 2024-06-21 CALL at $180.0 | 0.3753 | 0.0568 | 106 | 2024-06-21 | 0.85 - 2.1 | 1.7 | Out |
Call | 2024-06-21 CALL at $185.0 | 0.1459 | 0.0345 | 231 | 2024-06-21 | 0.25 - 0.7 | 0.49 | Out |
Call | 2024-06-21 CALL at $190.0 | 0.0698 | 0.017 | 282 | 2024-06-21 | 0.0 - 0.5 | 0.24 | Out |
Call | 2024-06-21 CALL at $195.0 | 0.0386 | 0.0091 | 131 | 2024-06-21 | 0.05 - 0.15 | 0.14 | Out |
Put | 2024-06-21 PUT at $165.0 | -0.0639 | 0.0142 | 36 | 2024-06-21 | 0.1 - 0.35 | 0.25 | Out |
Put | 2024-06-21 PUT at $170.0 | -0.1378 | 0.0299 | 67 | 2024-06-21 | 0.35 - 0.7 | 0.91 | Out |
Put | 2024-06-21 PUT at $175.0 | -0.3553 | 0.0477 | 134 | 2024-06-21 | 0.85 - 3.0 | 1.0 | Out |
Put | 2024-06-21 PUT at $180.0 | -0.69 | 0.0781 | 169 | 2024-06-21 | 1.9 - 4.6 | 3.21 | In |
Put | 2024-06-21 PUT at $185.0 | -0.7923 | 0.0336 | 269 | 2024-06-21 | 6.2 - 8.3 | 6.81 | In |
Put | 2024-06-21 PUT at $190.0 | -0.8679 | 0.0207 | 236 | 2024-06-21 | 10.1 - 13.0 | 9.0 | In |
Put | 2024-06-21 PUT at $195.0 | -0.8269 | 0.0154 | 29 | 2024-06-21 | 14.9 - 18.8 | 7.9 | In |
Put | 2024-06-21 PUT at $200.0 | -0.8464 | 0.0122 | 3 | 2024-06-21 | 19.9 - 23.8 | 23.3 | In |
Put | 2024-06-21 PUT at $210.0 | -0.7699 | 0.0086 | 0 | 2024-06-21 | 27.4 - 36.6 | 29.25 | In |
Put | 2024-06-21 PUT at $220.0 | -0.7921 | 0.007 | 0 | 2024-06-21 | 37.4 - 46.6 | 37.5 | In |
Put | 2024-06-21 PUT at $230.0 | -0.8083 | 0.006 | 0 | 2024-06-21 | 47.4 - 56.6 | 51.94 | In |
Put | 2024-06-21 PUT at $240.0 | -0.8207 | 0.0052 | 0 | 2024-06-21 | 57.4 - 66.6 | 61.97 | In |
Put | 2024-06-21 PUT at $250.0 | -0.8306 | 0.0046 | 0 | 2024-06-21 | 67.4 - 76.6 | 61.07 | In |
Put | 2024-06-21 PUT at $260.0 | -0.8387 | 0.0042 | 0 | 2024-06-21 | 77.4 - 86.6 | 74.72 | In |
Put | 2024-06-21 PUT at $270.0 | -0.8454 | 0.0038 | 0 | 2024-06-21 | 87.4 - 96.6 | 82.25 | In |
Put | 2024-06-21 PUT at $280.0 | -0.8512 | 0.0035 | 0 | 2024-06-21 | 97.4 - 106.6 | 92.0 | In |
Put | 2024-06-21 PUT at $290.0 | -0.8562 | 0.0033 | 0 | 2024-06-21 | 107.4 - 116.6 | 110.9 | In |
Put | 2024-06-21 PUT at $300.0 | -0.8524 | 0.0031 | 0 | 2024-06-21 | 117.2 - 127.0 | 121.9 | In |
Put | 2024-06-21 PUT at $310.0 | -0.8583 | 0.0029 | 0 | 2024-06-21 | 127.0 - 136.9 | 127.06 | In |
Put | 2024-06-21 PUT at $320.0 | -0.8599 | 0.0028 | 0 | 2024-06-21 | 137.1 - 147.0 | 137.08 | In |
Put | 2024-06-21 PUT at $330.0 | -0.863 | 0.0027 | 0 | 2024-06-21 | 147.1 - 157.0 | 0.0 | In |
Put | 2024-06-21 PUT at $340.0 | -0.8659 | 0.0025 | 0 | 2024-06-21 | 157.1 - 167.0 | 0.0 | In |
Put | 2024-06-21 PUT at $350.0 | -0.8685 | 0.0024 | 0 | 2024-06-21 | 167.1 - 177.0 | 48.81 | In |
Put | 2024-06-21 PUT at $360.0 | -0.8709 | 0.0023 | 0 | 2024-06-21 | 177.1 - 187.0 | 0.0 | In |
Put | 2024-06-21 PUT at $370.0 | -0.8731 | 0.0022 | 0 | 2024-06-21 | 187.3 - 197.0 | 0.0 | In |
Put | 2024-06-21 PUT at $380.0 | -0.8751 | 0.0033 | 0 | 2024-06-21 | 197.2 - 207.0 | 0.0 | In |
Put | 2024-06-21 PUT at $390.0 | -0.877 | 0.0021 | 0 | 2024-06-21 | 207.2 - 217.0 | 0.0 | In |
Put | 2024-06-21 PUT at $400.0 | -0.8787 | 0.002 | 0 | 2024-06-21 | 217.1 - 227.0 | 0.0 | In |
Put | 2024-06-21 PUT at $410.0 | -0.8803 | 0.002 | 0 | 2024-06-21 | 227.3 - 237.0 | 0.0 | In |
Put | 2024-06-21 PUT at $420.0 | -0.8817 | 0.0019 | 0 | 2024-06-21 | 237.2 - 247.0 | 0.0 | In |
Put | 2024-06-21 PUT at $430.0 | -0.8831 | 0.0019 | 0 | 2024-06-21 | 247.2 - 257.0 | 0.0 | In |
Put | 2024-06-21 PUT at $440.0 | -0.8844 | 0.0018 | 0 | 2024-06-21 | 257.1 - 267.0 | 0.0 | In |
Put | 2024-06-21 PUT at $450.0 | -0.8873 | 0.0018 | 0 | 2024-06-21 | 267.0 - 276.9 | 0.0 | In |
Put | 2024-06-21 PUT at $460.0 | -0.8867 | 0.0017 | 0 | 2024-06-21 | 277.2 - 287.0 | 0.0 | In |
EPAM Total Stockholder Equity
Total Stockholder Equity |
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EPAM Systems Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with EPAM Systems stock to make a market-neutral strategy. Peer analysis of EPAM Systems could also be used in its relative valuation, which is a method of valuing EPAM Systems by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
EPAM Systems Corporate Directors
| Jill Smart | Non-Executive Independent Director | Profile | |
| Richard Mayoras | Non-Executive Independent Director | Profile | |
| David Straube | Senior Director, Investor Relations | Profile | |
| Helen Shan | Non-Executive Independent Director | Profile |
Additional Information and Resources on Investing in EPAM Stock
When determining whether EPAM Systems is a strong investment it is important to analyze EPAM Systems' 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 EPAM Systems' future performance. For an informed investment choice regarding EPAM Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is IT Consulting & Other Services space 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 EPAM Systems. If investors know EPAM 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 EPAM Systems 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 0.139 | Earnings Share 7.3 | Revenue Per Share 80.277 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0847 |
The market value of EPAM Systems is measured differently than its book value, which is the value of EPAM that is recorded on the company's balance sheet. Investors also form their own opinion of EPAM Systems' value that differs from its market value or its book value, called intrinsic value, which is EPAM Systems' 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 EPAM Systems' market value can be influenced by many factors that don't directly affect EPAM Systems' 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 EPAM Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if EPAM Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EPAM Systems' 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.