ES240419C00040000 Option on Eversource Energy
| ES Stock | USD 59.46 1.06 1.75% |
Eversource Energy's option chain provides insight into all available option contracts written on Eversource Energy's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Eversource Energy'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 Eversource option contract.
In The Money vs. Out of Money Option Contracts on Eversource Energy
Analyzing Eversource Energy's in-the-money options over time can help investors to take a profitable long position in Eversource Energy regardless of its overall volatility. This is especially true when Eversource Energy's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Eversource Energy's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Eversource Energy's stock while costing only a fraction of its price.
Eversource Energy's latest option contracts expiring on 2024-05-17 are carrying combined implied volatility of 32.55 with a put-to-call open interest ratio of 0.84 over 26 outstanding agreements suggesting investors are buying slightly more calls than puts on contracts expiring on 2024-05-17. The current put volume is at 31, with calls trading at the volume of 10. This yields a 3.1 put-to-call volume ratio. The Eversource Energy option chain provides detailed quote and price information for the current Eversource Energy option contracts. It shows all of Eversource Energy's listed puts, calls, expiration dates, strike prices, and other pricing information.
Open Interest Against 2024-05-17 Option Contracts
Eversource Energy 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 Eversource Energy's lending market. For example, when Eversource Energy'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 Eversource Energy, he or she must hedge the risk by shorting Eversource Energy stock over its option's life.
2024-05-17
The chart above shows Eversource Energy'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. Eversource Energy's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Eversource Energy's option, there is no secondary market available for investors to trade.
Eversource Energy Maximum Pain Price across 2024-05-17 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 Eversource Energy 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.
Eversource Energy's stock options are financial instruments that give investors the right to buy or sell shares of Eversource Energy common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Eversource stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Eversource Energy's stock price goes up or down, the stock options follow.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eversource Energy. 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 Eversource Energy lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Eversource Energy'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 Eversource Energy 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 Eversource Stock moves the wrong way.
At this time, Eversource Energy's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Sale Purchase Of Stock is likely to gain to about 260.1 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 7.1 B in 2024. Eversource Energy In The Money Call Balance
When Eversource Energy's strike price is surpassing the current stock price, the option contract against Eversource Energy stock is said to be in the money. When it comes to buying Eversource Energy'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 Eversource Energy 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.
Eversource Current Options Market Mood
Eversource Energy'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 Eversource 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 Eversource Energy'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. Eversource Energy'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 Eversource Energy'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 Eversource contract
Base on the Rule 16, the options market is currently suggesting that Eversource Energy will have an average daily up or down price movement of about 2.03% per day over the life of the 2024-05-17 option contract. With Eversource Energy trading at USD 59.46, that is roughly USD 1.21. If you think that the market is fully incorporating Eversource Energy's daily price movement you should consider buying Eversource Energy options at the current volatility level of 32.55%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Eversource |
Purchasing Eversource Energy 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" Eversource calls. Remember, the seller must deliver Eversource Energy stock to the call owner when a call is exercised.
Eversource Energy Option Chain
When Eversource Energy's strike price is surpassing the current stock price, the option contract against Eversource Energy 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.
Eversource Energy's option chain is a display of a range of information that helps investors for ways to trade options on Eversource. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Eversource. It also shows strike prices and maturity days for a Eversource Energy 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 | 2024-05-17 CALL at $30.0 | 0.9926 | 0.001 | 0 | 2024-05-17 | 28.1 - 33.0 | 0.0 | In |
Call | 2024-05-17 CALL at $35.0 | 0.8898 | 0.0053 | 0 | 2024-05-17 | 23.0 - 27.9 | 0.0 | In |
Call | 2024-05-17 CALL at $40.0 | 0.9476 | 0.0063 | 0 | 2024-05-17 | 18.9 - 22.9 | 0.0 | In |
Call | 2024-05-17 CALL at $45.0 | 0.9337 | 0.01 | 0 | 2024-05-17 | 14.0 - 17.8 | 0.0 | In |
Call | 2024-05-17 CALL at $50.0 | 0.9439 | 0.0147 | 0 | 2024-05-17 | 8.5 - 12.9 | 0.0 | In |
Call | 2024-05-17 CALL at $55.0 | 0.8764 | 0.039 | 17 | 2024-05-17 | 3.6 - 8.1 | 5.01 | In |
Call | 2024-05-17 CALL at $60.0 | 0.6031 | 0.1735 | 231 | 2024-05-17 | 0.3 - 2.05 | 2.0 | In |
Call | 2024-05-17 CALL at $65.0 | 0.1489 | 0.0579 | 80 | 2024-05-17 | 0.2 - 0.3 | 0.3 | Out |
Put | 2024-05-17 PUT at $55.0 | -0.1168 | 0.0387 | 212 | 2024-05-17 | 0.25 - 0.35 | 0.3 | Out |
Put | 2024-05-17 PUT at $60.0 | -0.4377 | 0.084 | 42 | 2024-05-17 | 1.45 - 1.75 | 1.15 | Out |
Put | 2024-05-17 PUT at $65.0 | -0.7537 | 0.0539 | 1 | 2024-05-17 | 2.7 - 6.6 | 5.26 | In |
Put | 2024-05-17 PUT at $70.0 | -0.8614 | 0.0289 | 0 | 2024-05-17 | 7.5 - 12.4 | 0.0 | In |
Put | 2024-05-17 PUT at $75.0 | -0.8668 | 0.0199 | 0 | 2024-05-17 | 12.7 - 17.5 | 0.0 | In |
Put | 2024-05-17 PUT at $80.0 | -0.8951 | 0.0146 | 0 | 2024-05-17 | 17.6 - 22.4 | 0.0 | In |
Put | 2024-05-17 PUT at $85.0 | -0.8151 | 0.0137 | 0 | 2024-05-17 | 22.7 - 26.1 | 0.0 | In |
Put | 2024-05-17 PUT at $90.0 | -0.9173 | 0.0096 | 0 | 2024-05-17 | 27.5 - 32.4 | 0.0 | In |
Eversource Energy 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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Eversource Energy 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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Eversource Total Stockholder Equity
Total Stockholder Equity |
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Our tools can tell you how much better you can do entering a position in Eversource Energy 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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Eversource Energy Corporate Management
Elected by the shareholders, the Eversource Energy's board of directors comprises two types of representatives: Eversource Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Eversource. The board's role is to monitor Eversource Energy's management team and ensure that shareholders' interests are well served. Eversource Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Eversource Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Sanford Cloud | Lead Independent Trustee | Profile | |
| John Clarkeson | Independent Trustee | Profile | |
| Dennis Wraase | Independent Trustee | Profile | |
| Susan Sgroi | Executive Technology | Profile |
Already Invested in Eversource Energy?
The danger of trading Eversource Energy 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 Eversource Energy 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 Eversource Energy. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Eversource Energy 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 Eversource Energy is a strong investment it is important to analyze Eversource Energy's 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 Eversource Energy's future performance. For an informed investment choice regarding Eversource Stock, refer to the following important reports: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eversource Energy. 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 more information on how to buy Eversource Stock please use our How to Invest in Eversource Energy guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
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When running Eversource Energy's price analysis, check to measure Eversource Energy'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 Eversource Energy is operating at the current time. Most of Eversource Energy's value examination focuses on studying past and present price action to predict the probability of Eversource Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eversource Energy's price. Additionally, you may evaluate how the addition of Eversource Energy to your portfolios can decrease your overall portfolio volatility.
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Is Eversource Energy'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 Eversource Energy. If investors know Eversource 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 Eversource Energy 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 (0.03) | Dividend Share 2.7 | Earnings Share (1.27) | Revenue Per Share 34.071 | Quarterly Revenue Growth (0.11) |
The market value of Eversource Energy is measured differently than its book value, which is the value of Eversource that is recorded on the company's balance sheet. Investors also form their own opinion of Eversource Energy's value that differs from its market value or its book value, called intrinsic value, which is Eversource Energy'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 Eversource Energy's market value can be influenced by many factors that don't directly affect Eversource Energy'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 Eversource Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eversource Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eversource Energy'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.