3M Stock Options
| MMM Stock | USD 92.02 0.98 1.05% |
3M's option chain provides insight into all available option contracts written on 3M's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of 3M'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 3M option contract.
In The Money vs. Out of Money Option Contracts on 3M
Analyzing 3M's in-the-money options over time can help investors to take a profitable long position in 3M regardless of its overall volatility. This is especially true when 3M's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money 3M's options could be used as guardians of the underlying stock as they move almost dollar for dollar with 3M's stock while costing only a fraction of its price.
3M's latest option contracts expiring on 2024-04-26 are carrying combined implied volatility of 29.85 with a put-to-call open interest ratio of 0.6 over 126 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on 2024-04-26. The current put volume is at 1534, with calls trading at the volume of 1847. This yields a 0.83 put-to-call volume ratio. The 3M option chain provides detailed quote and price information for the current 3M Company option contracts. It shows all of 3M's listed puts, calls, expiration dates, strike prices, and other pricing information.
Open Interest Against 2024-04-26 Option Contracts
3M 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 3M's lending market. For example, when 3M'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 3M, he or she must hedge the risk by shorting 3M stock over its option's life.
2024-04-26
The chart above shows 3M'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. 3M's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for 3M's option, there is no secondary market available for investors to trade.
3M Maximum Pain Price across 2024-04-26 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 3M 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.
3M's stock options are financial instruments that give investors the right to buy or sell shares of 3M Company common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell 3M stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If 3M's stock price goes up or down, the stock options follow.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 3M Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. Please note that buying 'in-the-money' options on 3M lessens the impact of time decay, as they carry both intrinsic and time value. So, even if 3M'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 3M 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 3M Stock moves the wrong way.
At this time, 3M's Common Stock Shares Outstanding is very stable compared to the past year. As of the 25th of April 2024, Stock Based Compensation To Revenue is likely to grow to 0.01, while Total Stockholder Equity is likely to drop about 4.6 B. 3M Company In The Money Call Balance
When 3M's strike price is surpassing the current stock price, the option contract against 3M Company stock is said to be in the money. When it comes to buying 3M'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 3M Company 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.
3M Current Options Market Mood
3M'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 3M 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 3M'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. 3M'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 3M'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 3M contract
Base on the Rule 16, the options market is currently suggesting that 3M Company will have an average daily up or down price movement of about 1.87% per day over the life of the 2024-04-26 option contract. With 3M trading at USD 92.02, that is roughly USD 1.72. If you think that the market is fully incorporating 3M's daily price movement you should consider buying 3M Company options at the current volatility level of 29.85%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
3M |
Purchasing 3M 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" 3M calls. Remember, the seller must deliver 3M Company stock to the call owner when a call is exercised.
3M Option Chain
When 3M's strike price is surpassing the current stock price, the option contract against 3M Company 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.
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3M's option chain is a display of a range of information that helps investors for ways to trade options on 3M. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for 3M. It also shows strike prices and maturity days for a 3M 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 | 2024-04-26 CALL at $65.0 | 0.9458 | 0.0049 | 0 | 2024-04-26 | 26.85 - 30.0 | 0.0 | In |
Call | 2024-04-26 CALL at $70.0 | 0.9235 | 0.0072 | 0 | 2024-04-26 | 22.25 - 23.6 | 0.0 | In |
Call | 2024-04-26 CALL at $75.0 | 0.9111 | 0.0102 | 0 | 2024-04-26 | 16.65 - 20.45 | 16.8 | In |
Call | 2024-04-26 CALL at $79.0 | 0.9354 | 0.0122 | 0 | 2024-04-26 | 13.25 - 16.0 | 14.2 | In |
Call | 2024-04-26 CALL at $80.0 | 0.8488 | 0.0162 | 24 | 2024-04-26 | 11.65 - 14.05 | 12.5 | In |
Call | 2024-04-26 CALL at $81.0 | 0.8321 | 0.0176 | 0 | 2024-04-26 | 10.65 - 13.2 | 0.0 | In |
Call | 2024-04-26 CALL at $82.0 | 0.8118 | 0.019 | 0 | 2024-04-26 | 9.55 - 12.4 | 0.0 | In |
Call | 2024-04-26 CALL at $83.0 | 0.8107 | 0.0212 | 33 | 2024-04-26 | 9.05 - 11.25 | 9.5 | In |
Call | 2024-04-26 CALL at $84.0 | 0.9673 | 0.0128 | 0 | 2024-04-26 | 7.85 - 10.2 | 0.0 | In |
Call | 2024-04-26 CALL at $85.0 | 0.9488 | 0.0195 | 0 | 2024-04-26 | 6.6 - 9.5 | 0.0 | In |
Call | 2024-04-26 CALL at $86.0 | 0.8745 | 0.0319 | 29 | 2024-04-26 | 5.95 - 8.0 | 7.3 | In |
Call | 2024-04-26 CALL at $87.0 | 0.7914 | 0.0367 | 23 | 2024-04-26 | 5.35 - 6.95 | 6.8 | In |
Call | 2024-04-26 CALL at $87.5 | 0.8334 | 0.0424 | 13 | 2024-04-26 | 4.3 - 5.9 | 6.5 | In |
Call | 2024-04-26 CALL at $88.0 | 0.739 | 0.0391 | 12 | 2024-04-26 | 3.35 - 6.2 | 4.04 | In |
Call | 2024-04-26 CALL at $88.5 | 0.7309 | 0.0428 | 41 | 2024-04-26 | 2.98 - 5.65 | 2.92 | In |
Call | 2024-04-26 CALL at $89.0 | 0.8159 | 0.0937 | 60 | 2024-04-26 | 3.6 - 4.35 | 3.47 | In |
Call | 2024-04-26 CALL at $89.5 | 0.9356 | 0.084 | 61 | 2024-04-26 | 3.3 - 3.75 | 2.54 | In |
Call | 2024-04-26 CALL at $90.0 | 0.8801 | 0.074 | 27 | 2024-04-26 | 2.76 - 3.4 | 2.63 | In |
Call | 2024-04-26 CALL at $90.5 | 0.8663 | 0.1832 | 97 | 2024-04-26 | 2.4 - 2.76 | 2.51 | In |
Call | 2024-04-26 CALL at $91.0 | 0.7734 | 0.1157 | 127 | 2024-04-26 | 2.11 - 2.34 | 2.85 | In |
Call | 2024-04-26 CALL at $91.5 | 0.7245 | 0.1383 | 100 | 2024-04-26 | 1.64 - 1.94 | 2.24 | In |
Call | 2024-04-26 CALL at $92.0 | 0.6357 | 0.1455 | 210 | 2024-04-26 | 1.47 - 1.54 | 1.86 | In |
Call | 2024-04-26 CALL at $92.5 | 0.5597 | 0.1592 | 117 | 2024-04-26 | 1.13 - 1.2 | 1.31 | In |
Call | 2024-04-26 CALL at $93.0 | 0.4743 | 0.176 | 527 | 2024-04-26 | 0.81 - 0.9 | 0.82 | In |
Call | 2024-04-26 CALL at $93.5 | 0.3897 | 0.172 | 2039 | 2024-04-26 | 0.62 - 0.65 | 0.61 | Out |
Call | 2024-04-26 CALL at $94.0 | 0.3076 | 0.1551 | 398 | 2024-04-26 | 0.43 - 0.47 | 0.53 | Out |
Call | 2024-04-26 CALL at $94.5 | 0.2307 | 0.1347 | 240 | 2024-04-26 | 0.28 - 0.32 | 0.37 | Out |
Call | 2024-04-26 CALL at $95.0 | 0.1683 | 0.1117 | 2616 | 2024-04-26 | 0.18 - 0.22 | 0.17 | Out |
Call | 2024-04-26 CALL at $95.5 | 0.1161 | 0.0892 | 94 | 2024-04-26 | 0.11 - 0.14 | 0.15 | Out |
Call | 2024-04-26 CALL at $96.0 | 0.0859 | 0.0681 | 1080 | 2024-04-26 | 0.07 - 0.1 | 0.09 | Out |
Call | 2024-04-26 CALL at $96.5 | 0.0567 | 0.0497 | 41 | 2024-04-26 | 0.04 - 0.07 | 0.15 | Out |
Call | 2024-04-26 CALL at $97.0 | 0.0488 | 0.0408 | 251 | 2024-04-26 | 0.02 - 0.06 | 0.05 | Out |
Call | 2024-04-26 CALL at $97.5 | 0.0387 | 0.0323 | 34 | 2024-04-26 | 0.01 - 0.07 | 0.5 | Out |
Call | 2024-04-26 CALL at $98.0 | 0.0217 | 0.0206 | 35 | 2024-04-26 | 0.01 - 0.28 | 0.02 | Out |
Call | 2024-04-26 CALL at $99.0 | 0.0259 | 0.0195 | 101 | 2024-04-26 | 0.0 - 0.05 | 0.03 | Out |
Call | 2024-04-26 CALL at $101.0 | 0.0091 | 0.0074 | 11 | 2024-04-26 | 0.0 - 1.27 | 0.01 | Out |
Call | 2024-04-26 CALL at $102.0 | 0.0144 | 0.0091 | 56 | 2024-04-26 | 0.0 - 0.07 | 0.02 | Out |
Call | 2024-04-26 CALL at $103.0 | 0.0077 | 0.0053 | 7 | 2024-04-26 | 0.0 - 0.22 | 0.01 | Out |
Put | 2024-04-26 PUT at $125.0 | -0.9752 | 0.0039 | 0 | 2024-04-26 | 30.9 - 33.8 | 0.0 | In |
Put | 2024-04-26 PUT at $120.0 | -0.9777 | 0.0042 | 0 | 2024-04-26 | 25.85 - 28.8 | 0.0 | In |
Put | 2024-04-26 PUT at $115.0 | -0.9309 | 0.0101 | 0 | 2024-04-26 | 20.65 - 22.6 | 0.0 | In |
Put | 2024-04-26 PUT at $110.0 | -0.9453 | 0.0112 | 0 | 2024-04-26 | 16.5 - 17.45 | 0.0 | In |
Put | 2024-04-26 PUT at $106.0 | -0.8619 | 0.0202 | 0 | 2024-04-26 | 11.5 - 13.95 | 0.0 | In |
Put | 2024-04-26 PUT at $105.0 | -0.966 | 0.0115 | 0 | 2024-04-26 | 11.5 - 13.15 | 13.0 | In |
Put | 2024-04-26 PUT at $104.0 | -0.7967 | 0.0237 | 0 | 2024-04-26 | 9.75 - 12.5 | 0.0 | In |
Put | 2024-04-26 PUT at $103.0 | -0.871 | 0.0252 | 0 | 2024-04-26 | 9.2 - 10.75 | 0.0 | In |
Put | 2024-04-26 PUT at $102.0 | -0.9163 | 0.0242 | 0 | 2024-04-26 | 8.45 - 10.5 | 0.0 | In |
Put | 2024-04-26 PUT at $101.0 | -0.798 | 0.0313 | 0 | 2024-04-26 | 6.45 - 9.2 | 0.0 | In |
Put | 2024-04-26 PUT at $100.0 | -0.762 | 0.0337 | 4 | 2024-04-26 | 6.0 - 8.45 | 7.3 | In |
Put | 2024-04-26 PUT at $99.0 | -0.8268 | 0.041 | 0 | 2024-04-26 | 4.8 - 6.8 | 0.0 | In |
Put | 2024-04-26 PUT at $98.0 | -0.7687 | 0.0458 | 0 | 2024-04-26 | 3.75 - 6.1 | 0.0 | In |
Put | 2024-04-26 PUT at $97.5 | -0.9275 | 0.0429 | 0 | 2024-04-26 | 4.0 - 5.7 | 0.0 | In |
Put | 2024-04-26 PUT at $97.0 | -0.7487 | 0.0537 | 0 | 2024-04-26 | 2.99 - 5.1 | 0.0 | In |
Put | 2024-04-26 PUT at $96.5 | -0.7431 | 0.0597 | 0 | 2024-04-26 | 2.93 - 4.55 | 0.0 | In |
Put | 2024-04-26 PUT at $96.0 | -0.8007 | 0.0751 | 0 | 2024-04-26 | 2.75 - 3.65 | 0.0 | In |
Put | 2024-04-26 PUT at $95.5 | -0.8625 | 0.0887 | 0 | 2024-04-26 | 2.41 - 2.92 | 2.26 | In |
Put | 2024-04-26 PUT at $95.0 | -0.8168 | 0.1085 | 0 | 2024-04-26 | 1.87 - 2.49 | 1.8 | In |
Put | 2024-04-26 PUT at $94.5 | -0.8642 | 0.1376 | 0 | 2024-04-26 | 1.66 - 2.06 | 1.3 | In |
Put | 2024-04-26 PUT at $94.0 | -0.8002 | 0.1899 | 34 | 2024-04-26 | 1.39 - 1.44 | 1.3 | In |
Put | 2024-04-26 PUT at $93.5 | -0.6729 | 0.2195 | 30 | 2024-04-26 | 1.08 - 1.12 | 0.99 | In |
Put | 2024-04-26 PUT at $93.0 | -0.5516 | 0.2198 | 85 | 2024-04-26 | 0.83 - 0.87 | 0.85 | In |
Put | 2024-04-26 PUT at $92.5 | -0.4432 | 0.2086 | 87 | 2024-04-26 | 0.62 - 0.65 | 0.57 | Out |
Put | 2024-04-26 PUT at $92.0 | -0.3481 | 0.1859 | 206 | 2024-04-26 | 0.45 - 0.49 | 0.5 | Out |
Put | 2024-04-26 PUT at $91.5 | -0.2641 | 0.1606 | 1035 | 2024-04-26 | 0.32 - 0.37 | 0.33 | Out |
Put | 2024-04-26 PUT at $91.0 | -0.1958 | 0.1319 | 130 | 2024-04-26 | 0.22 - 0.27 | 0.23 | Out |
Put | 2024-04-26 PUT at $90.5 | -0.1477 | 0.1045 | 106 | 2024-04-26 | 0.16 - 0.2 | 0.17 | Out |
Put | 2024-04-26 PUT at $90.0 | -0.108 | 0.0812 | 269 | 2024-04-26 | 0.11 - 0.15 | 0.12 | Out |
Put | 2024-04-26 PUT at $89.5 | -0.0871 | 0.0643 | 71 | 2024-04-26 | 0.07 - 0.11 | 0.1 | Out |
Put | 2024-04-26 PUT at $89.0 | -0.063 | 0.0489 | 1148 | 2024-04-26 | 0.05 - 0.09 | 0.07 | Out |
Put | 2024-04-26 PUT at $88.5 | -0.046 | 0.0369 | 67 | 2024-04-26 | 0.03 - 0.05 | 0.05 | Out |
Put | 2024-04-26 PUT at $88.0 | -0.0424 | 0.0316 | 460 | 2024-04-26 | 0.01 - 0.05 | 0.05 | Out |
Put | 2024-04-26 PUT at $87.5 | -0.1406 | 0.0432 | 69 | 2024-04-26 | 0.01 - 0.75 | 0.09 | Out |
Put | 2024-04-26 PUT at $87.0 | -0.0188 | 0.0159 | 129 | 2024-04-26 | 0.01 - 0.07 | 0.02 | Out |
Put | 2024-04-26 PUT at $86.0 | -0.0097 | 0.0086 | 69 | 2024-04-26 | 0.0 - 0.55 | 0.01 | Out |
Put | 2024-04-26 PUT at $85.0 | -0.0148 | 0.0099 | 118 | 2024-04-26 | 0.0 - 0.75 | 0.02 | Out |
Put | 2024-04-26 PUT at $83.0 | -0.0071 | 0.0046 | 125 | 2024-04-26 | 0.0 - 1.27 | 0.01 | Out |
3M 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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3M 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 |
3M Total Stockholder Equity
Total Stockholder Equity |
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3M Corporate Directors
3M corporate directors refer to members of a 3M board of directors. The board of directors generally takes responsibility for the 3M's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of 3M's board members must vote for the resolution. The 3M board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Vance Coffman | Independent Director | Profile | |
| Muhtar Kent | Independent Director | Profile | |
| Gregory Page | Independent Director | Profile | |
| Linda Alvarado | Independent Director | Profile |
Already Invested in 3M Company?
The danger of trading 3M Company 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 3M 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 3M. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile 3M Company 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 3M Company is a strong investment it is important to analyze 3M'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 3M's future performance. For an informed investment choice regarding 3M Stock, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 3M Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for 3M Stock analysis
When running 3M's price analysis, check to measure 3M'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 3M is operating at the current time. Most of 3M's value examination focuses on studying past and present price action to predict the probability of 3M's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 3M's price. Additionally, you may evaluate how the addition of 3M to your portfolios can decrease your overall portfolio volatility.
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Is 3M'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 3M. If investors know 3M 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 3M 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 0.744 | Dividend Share 6 | Earnings Share (12.63) | Revenue Per Share 59.002 | Quarterly Revenue Growth (0.01) |
The market value of 3M Company is measured differently than its book value, which is the value of 3M that is recorded on the company's balance sheet. Investors also form their own opinion of 3M's value that differs from its market value or its book value, called intrinsic value, which is 3M'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 3M's market value can be influenced by many factors that don't directly affect 3M'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 3M's value and its price as these two are different measures arrived at by different means. Investors typically determine if 3M is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3M'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.