HTBK240517P00015000 Option on Heritage Commerce Corp
| HTBK Stock | USD 8.36 0.14 1.65% |
Heritage Commerce's option chain provides insight into all available option contracts written on Heritage Commerce's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Heritage Commerce'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 Heritage option contract.
In The Money vs. Out of Money Option Contracts on Heritage Commerce
Analyzing Heritage Commerce's in-the-money options over time can help investors to take a profitable long position in Heritage Commerce regardless of its overall volatility. This is especially true when Heritage Commerce's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Heritage Commerce's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Heritage Commerce's stock while costing only a fraction of its price.
Heritage Commerce's latest option contracts expiring on 2024-06-21 are carrying combined implied volatility of 0.0 with a put-to-call open interest ratio of 0.02 over 14 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2024-06-21. The current put volume is at 0, with calls trading at the volume of 0. This yields a 0.0 put-to-call volume ratio. The Heritage Commerce option chain provides detailed quote and price information for the current Heritage Commerce Corp option contracts. It shows all of Heritage Commerce's listed puts, calls, expiration dates, strike prices, and other pricing information.
Open Interest Against 2024-06-21 Option Contracts
Heritage Commerce 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 Heritage Commerce's lending market. For example, when Heritage Commerce'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 Heritage Commerce, he or she must hedge the risk by shorting Heritage Commerce stock over its option's life.
2024-06-21
The chart above shows Heritage Commerce'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. Heritage Commerce's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Heritage Commerce's option, there is no secondary market available for investors to trade.
Heritage Commerce's stock options are financial instruments that give investors the right to buy or sell shares of Heritage Commerce Corp common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Heritage stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Heritage Commerce's stock price goes up or down, the stock options follow.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Commerce Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Please note that buying 'in-the-money' options on Heritage Commerce lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Heritage Commerce'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 Heritage Commerce 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 Heritage Stock moves the wrong way.
At this time, Heritage Commerce's Common Stock is quite stable compared to the past year. Capital Stock is expected to rise to about 511.8 M this year, although the value of Sale Purchase Of Stock will most likely fall to about 2.2 M. Heritage Current Options Market Mood
Heritage Commerce'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 Heritage 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 Heritage Commerce'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. Heritage Commerce'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 Heritage Commerce'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 Heritage contract
Base on the Rule 16, the options market is currently suggesting that Heritage Commerce Corp will have an average daily up or down price movement of about 0.0% per day over the life of the 2024-06-21 option contract. With Heritage Commerce trading at USD 8.36, that is roughly USD 0.0. If you think that the market is fully incorporating Heritage Commerce's daily price movement you should consider buying Heritage Commerce Corp options at the current volatility level of 0.0%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Heritage |
Purchasing Heritage Commerce 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" Heritage calls. Remember, the seller must deliver Heritage Commerce Corp stock to the call owner when a call is exercised.
Heritage Commerce Option Chain
When Heritage Commerce's strike price is surpassing the current stock price, the option contract against Heritage Commerce 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.
Heritage Commerce's option chain is a display of a range of information that helps investors for ways to trade options on Heritage. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Heritage. It also shows strike prices and maturity days for a Heritage Commerce 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 | 0.9373 | 0.0104 | 0 | 2024-06-21 | 5.3 - 7.4 | 0.0 | In |
Call | 2024-06-21 CALL at $5.0 | 0.8555 | 0.0386 | 0 | 2024-06-21 | 2.85 - 4.9 | 0.0 | In |
Put | 2024-06-21 PUT at $17.5 | -0.8054 | 0.0523 | 0 | 2024-06-21 | 8.8 - 10.4 | 0.0 | In |
Put | 2024-06-21 PUT at $15.0 | -0.8047 | 0.0629 | 0 | 2024-06-21 | 6.2 - 7.9 | 0.0 | In |
Put | 2024-06-21 PUT at $12.5 | -0.5866 | 0.066 | 0 | 2024-06-21 | 2.95 - 5.4 | 0.0 | In |
Put | 2024-06-21 PUT at $10.0 | -0.7388 | 0.1601 | 0 | 2024-06-21 | 1.05 - 2.9 | 0.0 | In |
Heritage Commerce 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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Heritage Commerce Common Stock Total Equity Over Time
The total value of common stock equity held by shareholders, representing their ownership interest in the company. Common Stock Total Equity |
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Heritage 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 Heritage Commerce 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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Heritage Commerce Corporate Management
Elected by the shareholders, the Heritage Commerce's board of directors comprises two types of representatives: Heritage Commerce inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Heritage. The board's role is to monitor Heritage Commerce's management team and ensure that shareholders' interests are well served. Heritage Commerce'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, Heritage Commerce's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Diana Olveira | VP Director | Profile | |
| Sachin Vaidya | Executive Officer | Profile | |
| Glen Shu | Executive Group | Profile | |
| Deborah Reuter | Chief VP | Profile | |
| Jeffrey Javits | EVP Officer | Profile | |
| Janice SPHR | Executive Commerce | Profile | |
| Teresa Powell | Ex Services | Profile |
Already Invested in Heritage Commerce Corp?
The danger of trading Heritage Commerce Corp 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 Heritage Commerce 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 Heritage Commerce. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Heritage Commerce Corp 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 Heritage Commerce Corp 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 Heritage 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 Heritage Commerce Corp Stock. Highlighted below are key reports to facilitate an investment decision about Heritage Commerce Corp Stock: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heritage Commerce Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Heritage Commerce Corp information on this page should be used as a complementary analysis to other Heritage Commerce's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Heritage Stock analysis
When running Heritage Commerce's price analysis, check to measure Heritage Commerce'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 Heritage Commerce is operating at the current time. Most of Heritage Commerce's value examination focuses on studying past and present price action to predict the probability of Heritage Commerce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heritage Commerce's price. Additionally, you may evaluate how the addition of Heritage Commerce to your portfolios can decrease your overall portfolio volatility.
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Is Heritage Commerce'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 Heritage Commerce. If investors know Heritage 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 Heritage Commerce 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 (0.46) | Dividend Share 0.52 | Earnings Share 0.91 | Revenue Per Share 2.969 | Quarterly Revenue Growth (0.19) |
The market value of Heritage Commerce Corp is measured differently than its book value, which is the value of Heritage that is recorded on the company's balance sheet. Investors also form their own opinion of Heritage Commerce's value that differs from its market value or its book value, called intrinsic value, which is Heritage Commerce'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 Heritage Commerce's market value can be influenced by many factors that don't directly affect Heritage Commerce'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 Heritage Commerce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Heritage Commerce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Heritage Commerce'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.