2024-06-21 PUT at $410.0 Option on Huntington Ingalls
HII Stock | USD 238.46 1.80 0.75% |
2024-06-21 PUT at $410.0 is a PUT option contract on Huntington Ingalls' common stock with a strick price of 410.0 expiring on 2024-06-21. The contract was not traded in recent days and, as of today, has 5 days remaining before the expiration. The option is currently trading at a bid price of $169.3, and an ask price of $174.0. The implied volatility as of the 16th of June 2024 is 179.43.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huntington Ingalls Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Huntington |
A put option written on Huntington Ingalls becomes more valuable as the price of Huntington Ingalls drops. Conversely, Huntington Ingalls' put option loses its value as Huntington Stock rises. When exercised, put options on Huntington Ingalls produce a short position in Huntington Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Huntington Ingalls' downside price movement.
Rule 16 of 2024-06-21 Option Contract
The options market is anticipating that Huntington Ingalls Industries will have an average daily up or down price movement of about 11.21% per day over the life of the option. With Huntington Ingalls trading at USD 238.46, that is roughly USD 26.74. If you think that the market is fully understating Huntington Ingalls' daily price movement you should consider buying Huntington Ingalls Industries options at that current volatility level of 179.43%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Put Option on Huntington Ingalls
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 Huntington Ingalls 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 Huntington Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Put Contract Name | 2024-06-21 PUT at $410.0 |
Expires On | 2024-06-21 |
Days Before Expriration | 5 |
Last Traded On | 0000-00-00 00:00:00 |
Contract Period | MONTHLY |
Open Interest | 0 |
Current Trading Volume | 0.0 |
Strike Price | 410.0 |
Last Traded At | 0.0 |
Current Price Spread | 169.3 | 174.0 |
Rule 16 Daily Up or Down | USD26.74 |
Huntington short PUT Option Greeks
Huntington Ingalls' Option Greeks for the contract ending on 2024-06-21 at a strike price of 410.0 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 Huntington Ingalls' option greeks, its implied volatility helps estimate the risk of Huntington Ingalls stock implied by the prices of the options on Huntington Ingalls' stock.
Delta | -0.9896 | |
Gamma | 5.0E-4 | |
Theta | -0.109 | |
Vega | 0.0082 | |
Rho | -0.0201 |
Huntington long PUT Option Payoff at expiration
Put options written on Huntington Ingalls grant holders of the option the right to sell a specified amount of Huntington Ingalls at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Huntington Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Huntington Ingalls is like buying insurance aginst Huntington Ingalls' downside shift.
Profit |
Huntington Ingalls Price At Expiration |
Huntington short PUT Option Payoff at expiration
By selling Huntington Ingalls' put option, the investors signal their bearish sentiment. A short position in a put option written on Huntington Ingalls will generally make money when the underlying price is above the strike price. Therefore Huntington Ingalls' put payoff at expiration depends on where the Huntington Stock price is relative to the put option strike price. The breakeven price of 238.35 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Huntington Ingalls' price. Finally, at the strike price of 410.0, the payoff chart is constant and positive.
Profit |
Huntington Ingalls Price At Expiration |
Huntington Ingalls Available Put Options
Huntington Ingalls' option chain is a display of a range of information that helps investors for ways to trade options on Huntington. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Huntington. It also shows strike prices and maturity days for a Huntington Ingalls 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 | |||
Put | 2024-06-21 PUT at $240.0 | -0.5584 | 0.0455 | 52 | 2024-06-21 | 1.45 - 4.9 | 4.25 | In |
Put | 2024-06-21 PUT at $250.0 | -0.8747 | 0.0216 | 22 | 2024-06-21 | 10.1 - 14.0 | 9.6 | In |
Put | 2024-06-21 PUT at $260.0 | -0.9169 | 0.0106 | 8 | 2024-06-21 | 20.0 - 24.0 | 10.49 | In |
Put | 2024-06-21 PUT at $270.0 | -0.9722 | 0.0128 | 0 | 2024-06-21 | 29.3 - 34.0 | 19.0 | In |
Put | 2024-06-21 PUT at $280.0 | -0.9438 | 0.0115 | 0 | 2024-06-21 | 40.0 - 44.0 | 35.69 | In |
Put | 2024-06-21 PUT at $290.0 | -0.9505 | 0.0087 | 0 | 2024-06-21 | 50.0 - 54.0 | 36.51 | In |
Put | 2024-06-21 PUT at $300.0 | -0.9554 | 0.0053 | 0 | 2024-06-21 | 60.0 - 64.0 | 41.0 | In |
Put | 2024-06-21 PUT at $310.0 | -0.9883 | 0.0011 | 0 | 2024-06-21 | 69.2 - 74.0 | 0.0 | In |
Put | 2024-06-21 PUT at $320.0 | -0.9844 | 0.0012 | 0 | 2024-06-21 | 79.3 - 84.0 | 0.0 | In |
Put | 2024-06-21 PUT at $330.0 | -0.9817 | 0.0013 | 0 | 2024-06-21 | 89.4 - 94.0 | 0.0 | In |
Put | 2024-06-21 PUT at $340.0 | -0.9863 | 0.0014 | 0 | 2024-06-21 | 99.3 - 104.0 | 0.0 | In |
Put | 2024-06-21 PUT at $350.0 | -0.9835 | 0.001 | 0 | 2024-06-21 | 109.4 - 114.0 | 0.0 | In |
Put | 2024-06-21 PUT at $360.0 | -0.9844 | 9.0E-4 | 0 | 2024-06-21 | 119.4 - 124.0 | 0.0 | In |
Put | 2024-06-21 PUT at $370.0 | -0.9879 | 7.0E-4 | 0 | 2024-06-21 | 129.3 - 134.0 | 0.0 | In |
Put | 2024-06-21 PUT at $380.0 | -0.9885 | 0.0188 | 0 | 2024-06-21 | 139.3 - 144.0 | 0.0 | In |
Put | 2024-06-21 PUT at $390.0 | -0.9921 | 5.0E-4 | 0 | 2024-06-21 | 149.2 - 154.0 | 0.0 | In |
Put | 2024-06-21 PUT at $400.0 | -0.9863 | 7.0E-4 | 0 | 2024-06-21 | 159.4 - 164.0 | 0.0 | In |
Put | 2024-06-21 PUT at $410.0 | -0.9896 | 5.0E-4 | 0 | 2024-06-21 | 169.3 - 174.0 | 0.0 | In |
Put | 2024-06-21 PUT at $420.0 | -0.9899 | 5.0E-4 | 0 | 2024-06-21 | 179.3 - 184.0 | 0.0 | In |
Put | 2024-06-21 PUT at $430.0 | -0.9873 | 6.0E-4 | 0 | 2024-06-21 | 189.4 - 194.0 | 0.0 | In |
Put | 2024-06-21 PUT at $440.0 | -0.9903 | 4.0E-4 | 0 | 2024-06-21 | 199.3 - 204.0 | 0.0 | In |
Huntington Ingalls Corporate Directors
Victoria Harker | Independent Director | Profile | |
John Welch | Independent Director | Profile | |
Frank Jimenez | Independent Director | Profile | |
Philip Bilden | Independent Director | Profile |
Additional Information and Resources on Investing in Huntington Stock
When determining whether Huntington Ingalls offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Huntington Ingalls' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Huntington Ingalls Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Huntington Ingalls Industries Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huntington Ingalls Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Aerospace & Defense 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 Huntington Ingalls. If investors know Huntington 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 Huntington Ingalls 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 0.198 | Dividend Share 5.08 | Earnings Share 17.72 | Revenue Per Share 291.08 | Quarterly Revenue Growth 0.049 |
The market value of Huntington Ingalls is measured differently than its book value, which is the value of Huntington that is recorded on the company's balance sheet. Investors also form their own opinion of Huntington Ingalls' value that differs from its market value or its book value, called intrinsic value, which is Huntington Ingalls' 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 Huntington Ingalls' market value can be influenced by many factors that don't directly affect Huntington Ingalls' 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 Huntington Ingalls' value and its price as these two are different measures arrived at by different means. Investors typically determine if Huntington Ingalls is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Huntington Ingalls' 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.