Ero Copper Stock Options
| ERO Etf | USD 20.31 0.32 1.55% |
Ero Copper's latest option contracts expiring on 2024-06-21 are carrying combined implied volatility of 114.1 with a put-to-call open interest ratio of 0.07 over 26 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2024-06-21. The Ero Copper option chain provides detailed quote and price information for the current Ero Copper Corp option contracts. It shows all of Ero Copper's listed puts, calls, expiration dates, strike prices, and other pricing information.
Open Interest Against 2024-06-21 Option Contracts
2024-06-21
The chart above shows Ero Copper'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. Ero Copper's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Ero Copper's option, there is no secondary market available for investors to trade.
Ero Copper's option chain provides insight into all available option contracts written on Ero Copper's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Ero Copper'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 Ero option contract.
In The Money vs. Out of Money Option Contracts on Ero Copper
Analyzing Ero Copper's in-the-money options over time can help investors to take a profitable long position in Ero Copper regardless of its overall volatility. This is especially true when Ero Copper's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Ero Copper's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Ero Copper's stock while costing only a fraction of its price.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Ero Copper Corp. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Please note that buying 'in-the-money' options on Ero Copper lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Ero Copper'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 Ero Copper 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 Ero Etf moves the wrong way.
Ero Current Options Market Mood
Ero Copper'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 Ero Etf'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 Ero Copper'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. Ero Copper'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 Ero Copper'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 Ero contract
Base on the Rule 16, the options market is currently suggesting that Ero Copper Corp will have an average daily up or down price movement of about 7.13% per day over the life of the 2024-06-21 option contract. With Ero Copper trading at USD 20.31, that is roughly USD 1.45. If you think that the market is fully incorporating Ero Copper's daily price movement you should consider buying Ero Copper Corp options at the current volatility level of 114.1%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Ero |
Purchasing Ero Copper 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" Ero calls. Remember, the seller must deliver Ero Copper Corp stock to the call owner when a call is exercised.
Ero Copper Option Chain
When Ero Copper's strike price is surpassing the current stock price, the option contract against Ero Copper 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.
Ero Copper's option chain is a display of a range of information that helps investors for ways to trade options on Ero. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Ero. It also shows strike prices and maturity days for a Ero Copper 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 $5.0 | 0.9595 | 0.0034 | 0 | 2024-06-21 | 14.9 - 17.2 | 0.0 | In |
Call | 2024-06-21 CALL at $7.5 | 0.9393 | 0.0065 | 0 | 2024-06-21 | 12.4 - 14.7 | 0.0 | In |
Call | 2024-06-21 CALL at $10.0 | 0.9159 | 0.0111 | 10 | 2024-06-21 | 9.9 - 12.2 | 4.5 | In |
Call | 2024-06-21 CALL at $12.5 | 0.9018 | 0.0186 | 1587 | 2024-06-21 | 7.6 - 9.1 | 7.7 | In |
Call | 2024-06-21 CALL at $15.0 | 0.9238 | 0.0305 | 1372 | 2024-06-21 | 3.1 - 6.1 | 5.5 | In |
Call | 2024-06-21 CALL at $17.5 | 0.8791 | 0.0729 | 602 | 2024-06-21 | 2.5 - 3.5 | 2.31 | In |
Call | 2024-06-21 CALL at $20.0 | 0.6161 | 0.3059 | 471 | 2024-06-21 | 0.55 - 0.8 | 0.45 | In |
Put | 2024-06-21 PUT at $22.5 | -0.7469 | 0.1138 | 12 | 2024-06-21 | 2.05 - 3.1 | 2.6 | In |
Put | 2024-06-21 PUT at $25.0 | -0.8847 | 0.0593 | 0 | 2024-06-21 | 4.3 - 5.4 | 0.0 | In |
Put | 2024-06-21 PUT at $30.0 | -0.8895 | 0.0327 | 0 | 2024-06-21 | 9.3 - 10.6 | 0.0 | In |
Put | 2024-06-21 PUT at $35.0 | -0.9323 | 0.0197 | 0 | 2024-06-21 | 13.1 - 16.6 | 0.0 | In |
Put | 2024-06-21 PUT at $40.0 | -0.8969 | 0.0195 | 0 | 2024-06-21 | 18.6 - 21.5 | 0.0 | In |
Other Information on Investing in Ero Etf
Ero Copper financial ratios help investors to determine whether Ero Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ero with respect to the benefits of owning Ero Copper security.