2024-05-17 PUT at $85.0 Option on Ingles Markets
| IMKTA Stock | USD 72.30 0.40 0.55% |
2024-05-17 PUT at $85.0 is a PUT option contract on Ingles Markets' common stock with a strick price of 85.0 expiring on 2024-05-17. The contract was last traded on 2023-12-14 at 11:04:13 for $3.5 and, as of today, has 12 days remaining before the expiration. The option is currently trading at a bid price of $10.2, and an ask price of $15.0. The implied volatility as of the 5th of May is 118.32.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ingles Markets Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
Ingles |
A put option written on Ingles Markets becomes more valuable as the price of Ingles Markets drops. Conversely, Ingles Markets' put option loses its value as Ingles Stock rises. When exercised, put options on Ingles Markets produce a short position in Ingles Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Ingles Markets' downside price movement.
Rule 16 of 2024-05-17 Option Contract
The options market is anticipating that Ingles Markets Incorporated will have an average daily up or down price movement of about 7.4% per day over the life of the option. With Ingles Markets trading at USD 72.3, that is roughly USD 5.35. If you think that the market is fully understating Ingles Markets' daily price movement you should consider buying Ingles Markets Incorporated options at that current volatility level of 118.32%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Put Option on Ingles Markets
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 Ingles Markets 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 Ingles 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 | 2024-05-17 PUT at $85.0 |
| Expires On | 2024-05-17 |
| Days Before Expriration | 12 |
| Last Traded On | 2023-12-14 11:04:13 |
| Contract Period | MONTHLY |
| Open Interest | 1 |
| Current Trading Volume | 0.0 |
| Strike Price | 85.0 |
| Last Traded At | 3.5 |
| Current Price Spread | 10.2 | 15.0 |
| Rule 16 Daily Up or Down | USD5.35 |
Ingles short PUT Option Greeks
Ingles Markets' Option Greeks for the contract ending on 2024-05-17 at a strike price of 85.0 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 Ingles Markets' option greeks, its implied volatility helps estimate the risk of Ingles Markets stock implied by the prices of the options on Ingles Markets' stock.
| Delta | -0.729 | |
| Gamma | 0.0206 | |
| Theta | -0.1988 | |
| Vega | 0.0452 | |
| Rho | -0.0188 |
Ingles long PUT Option Payoff at expiration
Put options written on Ingles Markets grant holders of the option the right to sell a specified amount of Ingles Markets 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 Ingles Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Ingles Markets is like buying insurance aginst Ingles Markets' downside shift.
Profit |
| Ingles Markets Price At Expiration |
Ingles short PUT Option Payoff at expiration
By selling Ingles Markets' put option, the investors signal their bearish sentiment. A short position in a put option written on Ingles Markets will generally make money when the underlying price is above the strike price. Therefore Ingles Markets' put payoff at expiration depends on where the Ingles Stock price is relative to the put option strike price. The breakeven price of 70.0 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 Ingles Markets' price. Finally, at the strike price of 85.0, the payoff chart is constant and positive.
Profit |
| Ingles Markets Price At Expiration |
Ingles Markets Available Put Options
Ingles Markets' option chain is a display of a range of information that helps investors for ways to trade options on Ingles. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Ingles. It also shows strike prices and maturity days for a Ingles Markets 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 | 2024-05-17 PUT at $70.0 | -0.3706 | 0.0415 | 21 | 2024-05-17 | 0.1 - 4.9 | 0.93 | Out |
Put | 2024-05-17 PUT at $75.0 | -0.7478 | 0.0861 | 57 | 2024-05-17 | 0.85 - 5.5 | 3.67 | In |
Put | 2024-05-17 PUT at $80.0 | -0.6886 | 0.0283 | 0 | 2024-05-17 | 5.0 - 9.9 | 7.32 | In |
Put | 2024-05-17 PUT at $85.0 | -0.729 | 0.0206 | 1 | 2024-05-17 | 10.2 - 15.0 | 3.5 | In |
Put | 2024-05-17 PUT at $90.0 | -0.7627 | 0.0166 | 0 | 2024-05-17 | 15.0 - 19.9 | 0.0 | In |
Put | 2024-05-17 PUT at $95.0 | -0.7825 | 0.0139 | 0 | 2024-05-17 | 20.0 - 24.9 | 0.0 | In |
Put | 2024-05-17 PUT at $100.0 | -0.7971 | 0.012 | 0 | 2024-05-17 | 25.0 - 29.9 | 0.0 | In |
Put | 2024-05-17 PUT at $105.0 | -0.8086 | 0.0107 | 0 | 2024-05-17 | 30.0 - 34.9 | 0.0 | In |
Put | 2024-05-17 PUT at $110.0 | -0.8177 | 0.0096 | 0 | 2024-05-17 | 35.0 - 39.9 | 0.0 | In |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Ingles Markets 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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Ingles Markets Corporate Executives
Elected by the shareholders, the Ingles Markets' board of directors comprises two types of representatives: Ingles Markets inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ingles. The board's role is to monitor Ingles Markets' management team and ensure that shareholders' interests are well served. Ingles Markets' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ingles Markets' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Patricia CPA | VP CFO | Profile |
Already Invested in Ingles Markets Incorporated?
The danger of trading Ingles Markets Incorporated 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 Ingles Markets 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 Ingles Markets. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ingles Markets 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 Ingles Markets offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ingles Markets' 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 Ingles Markets Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ingles Markets Incorporated Stock: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ingles Markets Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
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When running Ingles Markets' price analysis, check to measure Ingles Markets' 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 Ingles Markets is operating at the current time. Most of Ingles Markets' value examination focuses on studying past and present price action to predict the probability of Ingles Markets' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ingles Markets' price. Additionally, you may evaluate how the addition of Ingles Markets to your portfolios can decrease your overall portfolio volatility.
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Is Ingles Markets' 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 Ingles Markets. If investors know Ingles 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 Ingles Markets 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 (0.38) | Dividend Share 0.66 | Earnings Share 9.73 | Revenue Per Share 309.593 | Quarterly Revenue Growth (0.01) |
The market value of Ingles Markets is measured differently than its book value, which is the value of Ingles that is recorded on the company's balance sheet. Investors also form their own opinion of Ingles Markets' value that differs from its market value or its book value, called intrinsic value, which is Ingles Markets' 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 Ingles Markets' market value can be influenced by many factors that don't directly affect Ingles Markets' 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 Ingles Markets' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ingles Markets is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ingles Markets' 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.