INCY211119C00070000 Option on Incyte

INCY Stock  USD 56.97  0.15  0.26%   
Incyte's option chain provides insight into all available option contracts written on Incyte's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Incyte'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 Incyte option contract.

In The Money vs. Out of Money Option Contracts on Incyte

Analyzing Incyte's in-the-money options over time can help investors to take a profitable long position in Incyte regardless of its overall volatility. This is especially true when Incyte's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Incyte's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Incyte's stock while costing only a fraction of its price.
Incyte's latest option contracts expiring on 2024-04-19 are carrying combined implied volatility of 26.27 with a put-to-call open interest ratio of 1.49 over 42 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on 2024-04-19. The current put volume is at 34, with calls trading at the volume of 49. This yields a 0.69 put-to-call volume ratio. The Incyte option chain provides detailed quote and price information for the current Incyte option contracts. It shows all of Incyte's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2024-04-19 Option Contracts

Incyte 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 Incyte's lending market. For example, when Incyte'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 Incyte, he or she must hedge the risk by shorting Incyte stock over its option's life.
The chart above shows Incyte'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. Incyte's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Incyte's option, there is no secondary market available for investors to trade.

Incyte Maximum Pain Price across 2024-04-19 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 Incyte 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.
Incyte's stock options are financial instruments that give investors the right to buy or sell shares of Incyte common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Incyte stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Incyte'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 Incyte. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Incyte Stock please use our How to Invest in Incyte guide.
Please note that buying 'in-the-money' options on Incyte lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Incyte'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 Incyte 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 Incyte Stock moves the wrong way.
At this time, Incyte's Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 7.1 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 130.7 M in 2024.

Incyte In The Money Call Balance

When Incyte's strike price is surpassing the current stock price, the option contract against Incyte stock is said to be in the money. When it comes to buying Incyte'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 Incyte 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.

Incyte Current Options Market Mood

Incyte'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 Incyte 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 Incyte'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. Incyte'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 Incyte'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 Incyte contract

Base on the Rule 16, the options market is currently suggesting that Incyte will have an average daily up or down price movement of about 1.64% per day over the life of the 2024-04-19 option contract. With Incyte trading at USD 56.97, that is roughly USD 0.94. If you think that the market is fully incorporating Incyte's daily price movement you should consider buying Incyte options at the current volatility level of 26.27%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Incyte 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" Incyte calls. Remember, the seller must deliver Incyte stock to the call owner when a call is exercised.

Incyte Option Chain

When Incyte's strike price is surpassing the current stock price, the option contract against Incyte 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.
Incyte's option chain is a display of a range of information that helps investors for ways to trade options on Incyte. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Incyte. It also shows strike prices and maturity days for a Incyte 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.
DeltaGammaOpen IntExpirationCurrent SpreadLast Price
Call
2024-04-19 CALL at $30.00.91470.004502024-04-1925.1 - 29.00.0In
Call
2024-04-19 CALL at $32.50.90520.005402024-04-1922.7 - 26.50.0In
Call
2024-04-19 CALL at $35.00.89460.006502024-04-1920.2 - 24.00.0In
Call
2024-04-19 CALL at $37.50.87960.007902024-04-1917.7 - 21.60.0In
Call
2024-04-19 CALL at $40.00.86870.009602024-04-1915.2 - 19.00.0In
Call
2024-04-19 CALL at $42.50.84890.011802024-04-1912.8 - 16.60.0In
Call
2024-04-19 CALL at $45.00.82890.014702024-04-1910.3 - 14.10.0In
Call
2024-04-19 CALL at $47.50.80380.018702024-04-197.9 - 11.60.0In
Call
2024-04-19 CALL at $50.00.76690.024302024-04-195.2 - 9.20.0In
Call
2024-04-19 CALL at $52.50.78310.042412024-04-194.9 - 6.56.1In
Call
2024-04-19 CALL at $55.00.73240.0821122024-04-192.85 - 3.12.85In
Call
2024-04-19 CALL at $57.50.49110.1102462024-04-191.3 - 1.51.35Out
Call
2024-04-19 CALL at $60.00.25260.08515942024-04-190.45 - 0.650.55Out
Call
2024-04-19 CALL at $62.50.1090.04775132024-04-190.1 - 0.250.2Out
 Put
2024-04-19 PUT at $52.5-0.11290.0452912024-04-190.15 - 0.30.24Out
 Put
2024-04-19 PUT at $55.0-0.27210.08222342024-04-190.6 - 0.70.7Out
 Put
2024-04-19 PUT at $57.5-0.51030.09851152024-04-191.5 - 1.751.75In
 Put
2024-04-19 PUT at $60.0-0.7790.087716862024-04-193.1 - 3.43.2In
 Put
2024-04-19 PUT at $62.5-0.77220.0483162024-04-195.1 - 7.05.6In
 Put
2024-04-19 PUT at $65.0-0.90030.031812024-04-196.1 - 10.06.1In
 Put
2024-04-19 PUT at $67.5-0.91410.023602024-04-198.6 - 12.50.0In
 Put
2024-04-19 PUT at $70.0-0.93640.017102024-04-1911.1 - 14.90.0In
 Put
2024-04-19 PUT at $75.0-0.94660.011902024-04-1916.1 - 19.90.0In
 Put
2024-04-19 PUT at $80.0-0.95280.009102024-04-1921.1 - 24.90.0In
 Put
2024-04-19 PUT at $85.0-0.95690.007402024-04-1926.0 - 30.00.0In
 Put
2024-04-19 PUT at $90.0-0.96140.00602024-04-1931.0 - 35.00.0In

Incyte 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   
       Timeline  

Incyte 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   
       Timeline  

Incyte Total Stockholder Equity

Total Stockholder Equity

5.45 Billion

At this time, Incyte's Total Stockholder Equity is fairly stable compared to the past year.

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When determining whether Incyte offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Incyte's 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 Incyte Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Incyte Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Incyte. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Incyte Stock please use our How to Invest in Incyte guide.
Note that the Incyte information on this page should be used as a complementary analysis to other Incyte'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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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Is Incyte'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 Incyte. If investors know Incyte 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 Incyte 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
6.324
Earnings Share
2.65
Revenue Per Share
16.526
Quarterly Revenue Growth
0.093
Return On Assets
0.0646
The market value of Incyte is measured differently than its book value, which is the value of Incyte that is recorded on the company's balance sheet. Investors also form their own opinion of Incyte's value that differs from its market value or its book value, called intrinsic value, which is Incyte'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 Incyte's market value can be influenced by many factors that don't directly affect Incyte'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 Incyte's value and its price as these two are different measures arrived at by different means. Investors typically determine if Incyte is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Incyte'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.