2024-06-21 CALL at $42.0 Option on Main Sector Rotation
| SECT Etf | USD 50.19 0.24 0.48% |
2024-06-21 CALL at $42.0 is a CALL option contract on Main Sector's common stock with a strick price of 42.0 expiring on 2024-06-21. The contract was not traded in recent days and, as of today, has 19 days remaining before the expiration. The option is currently trading at a bid price of $2.85, and an ask price of $7.5. The implied volatility as of the 2nd of June is 38.17.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Main Sector Rotation. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Main |
Call options on Main Sector give the investor right to buy Main Etf at a specified price within a specific period. The strike price represents the predetermined price at which a call buyer can buy Main Etf. Call options may be purchased for speculation or sold for income purposes, or simply combined for various spread or combination strategies. If Main Sector's price is above the strike price at expiry, the profit is the current Main Sector's stock price, minus the strike price and the premium.
Rule 16 of 2024-06-21 Option Contract
The options market is anticipating that Main Sector Rotation will have an average daily up or down price movement of about 2.39% per day over the life of the option. With Main Sector trading at USD 50.19, that is roughly USD 1.2. If you think that the market is fully understating Main Sector's daily price movement you should consider buying Main Sector Rotation options at that current volatility level of 38.17%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Call Option on Main Sector
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 Main Sector 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 Main Etf have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
| Call Contract Name | 2024-06-21 CALL at $42.0 |
| Expires On | 2024-06-21 |
| Days Before Expriration | 19 |
| Last Traded On | 0000-00-00 00:00:00 |
| Contract Period | MONTHLY |
| Open Interest | 0 |
| Current Trading Volume | 0.0 |
| Strike Price | 42.0 |
| Last Traded At | 0.0 |
| Current Price Spread | 2.85 | 7.5 |
| Rule 16 Daily Up or Down | USD1.2 |
Main short CALL Option Greeks
Main Sector's Option Greeks for the contract ending on 2024-06-21 at a strike price of 42.0 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 Main Sector's option greeks, its implied volatility helps estimate the risk of Main Sector stock implied by the prices of the options on Main Sector's stock.
| Delta | 0.7238 | |
| Gamma | 0.0283 | |
| Theta | -0.0159 | |
| Vega | 0.1035 | |
| Rho | 0.1164 |
Main long CALL Option Payoff at expiration
Buying Main Sector's call option is the simplest of option trades. A call option on Main Etf gives investors the right (but not the obligation) to purchase Main Sector at the given strike price. Therefore Main Sector's call intrinsic value or payoff at expiration depends on where the Main Etf price is relative to the call option strike price. The strike price of 42.0 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and negative (the trade is a loss). Above the strike, the payoff line is upward sloping as the option payoff rises in proportion with Main Sector's price. Finally, at the break-even point of 49.5, the line crosses zero, and trading Main becomes profitable.
Profit |
| Main Sector Price At Expiration |
Main short CALL Option Payoff at expiration
By selling Main Sector's call option, the investors signals his or her bearish sentiment. A short position in a call option written on Main Sector will generally make money when the underlying price goes down. Therefore Main Sector's call intrinsic value or payoff at expiration depends on where the Main Etf price is relative to the call option strike price. The strike price of 42.0 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and positive (the seller makes a profit). Above the strike, the payoff line is downward sloping as the option payoff drops in proportion to Main Sector's price. Finally, at the break-even point of 49.5, the line crosses zero, and trading Main becomes disadvantageous with no downside limits.
Profit |
| Main Sector Price At Expiration |
Main Sector Rotation Available Call Options
Main Sector's option chain is a display of a range of information that helps investors for ways to trade options on Main. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Main. It also shows strike prices and maturity days for a Main Sector 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 $33.0 | 0.8541 | 0.0115 | 0 | 2024-06-21 | 11.2 - 15.8 | 0.0 | In |
Call | 2024-06-21 CALL at $34.0 | 0.8467 | 0.0127 | 0 | 2024-06-21 | 10.2 - 14.8 | 0.0 | In |
Call | 2024-06-21 CALL at $35.0 | 0.8261 | 0.0135 | 0 | 2024-06-21 | 9.3 - 14.2 | 0.0 | In |
Call | 2024-06-21 CALL at $36.0 | 0.8262 | 0.0154 | 0 | 2024-06-21 | 8.3 - 12.9 | 0.0 | In |
Call | 2024-06-21 CALL at $37.0 | 0.8033 | 0.0163 | 0 | 2024-06-21 | 7.4 - 12.3 | 0.0 | In |
Call | 2024-06-21 CALL at $38.0 | 0.7949 | 0.0184 | 0 | 2024-06-21 | 6.5 - 11.2 | 0.0 | In |
Call | 2024-06-21 CALL at $39.0 | 0.7791 | 0.0203 | 0 | 2024-06-21 | 5.4 - 10.3 | 0.0 | In |
Call | 2024-06-21 CALL at $40.0 | 0.7617 | 0.0225 | 0 | 2024-06-21 | 4.5 - 9.4 | 0.0 | In |
Call | 2024-06-21 CALL at $41.0 | 0.7425 | 0.0249 | 0 | 2024-06-21 | 3.6 - 8.5 | 0.0 | In |
Call | 2024-06-21 CALL at $42.0 | 0.7238 | 0.0283 | 0 | 2024-06-21 | 2.85 - 7.5 | 0.0 | In |
Call | 2024-06-21 CALL at $43.0 | 0.9137 | 0.0473 | 0 | 2024-06-21 | 2.0 - 6.7 | 0.0 | In |
Call | 2024-06-21 CALL at $44.0 | 0.8385 | 0.0693 | 0 | 2024-06-21 | 1.2 - 5.9 | 0.0 | In |
Call | 2024-06-21 CALL at $45.0 | 0.7641 | 0.0906 | 0 | 2024-06-21 | 0.4 - 5.1 | 0.0 | In |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Main Sector 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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Already Invested in Main Sector Rotation?
The danger of trading Main Sector Rotation is mainly related to its market volatility and ETF 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 Main Sector 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 Main Sector. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Main Sector Rotation 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 Main Sector Rotation 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 Main Etf 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 Main Sector Rotation Etf. Highlighted below are key reports to facilitate an investment decision about Main Sector Rotation Etf: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Main Sector Rotation. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Main Sector Rotation information on this page should be used as a complementary analysis to other Main Sector'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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
The market value of Main Sector Rotation is measured differently than its book value, which is the value of Main that is recorded on the company's balance sheet. Investors also form their own opinion of Main Sector's value that differs from its market value or its book value, called intrinsic value, which is Main Sector'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 Main Sector's market value can be influenced by many factors that don't directly affect Main Sector'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 Main Sector's value and its price as these two are different measures arrived at by different means. Investors typically determine if Main Sector is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Main Sector'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.