SIRI211015P00011000 Option on Sirius XM Holding

SIRI Stock  USD 3.90  0.04  1.04%   
Sirius XM's option chain provides insight into all available option contracts written on Sirius XM's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Sirius XM'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 Sirius option contract.

In The Money vs. Out of Money Option Contracts on Sirius XM

Analyzing Sirius XM's in-the-money options over time can help investors to take a profitable long position in Sirius XM regardless of its overall volatility. This is especially true when Sirius XM's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Sirius XM's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Sirius XM's stock while costing only a fraction of its price.
Sirius XM's latest option contracts expiring on 2024-03-28 are carrying combined implied volatility of 150.29 with a put-to-call open interest ratio of 1.01 over 38 outstanding agreements suggesting investors are buying slightly more puts than calls on contracts expiring on 2024-03-28. The current put volume is at 53, with calls trading at the volume of 70. This yields a 0.76 put-to-call volume ratio. The Sirius XM option chain provides detailed quote and price information for the current Sirius XM Holding option contracts. It shows all of Sirius XM's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2024-03-28 Option Contracts

Sirius XM 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 Sirius XM's lending market. For example, when Sirius XM'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 Sirius XM, he or she must hedge the risk by shorting Sirius XM stock over its option's life.
The chart above shows Sirius XM'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. Sirius XM's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Sirius XM's option, there is no secondary market available for investors to trade.
Sirius XM's stock options are financial instruments that give investors the right to buy or sell shares of Sirius XM Holding common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Sirius stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Sirius XM's stock price goes up or down, the stock options follow.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sirius XM Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Please note that buying 'in-the-money' options on Sirius XM lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Sirius XM'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 Sirius XM 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 Sirius Stock moves the wrong way.
The Sirius XM's current Total Stockholder Equity is estimated to increase to about (2.4 B). The current Common Stock Shares Outstanding is estimated to decrease to about 3.1 B

Sirius XM Holding In The Money Call Balance

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

Sirius Current Options Market Mood

Sirius XM'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 Sirius 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 Sirius XM'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. Sirius XM'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 Sirius XM'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 Sirius contract

Base on the Rule 16, the options market is currently suggesting that Sirius XM Holding will have an average daily up or down price movement of about 9.39% per day over the life of the 2024-03-28 option contract. With Sirius XM trading at USD 3.9, that is roughly USD 0.37. If you think that the market is fully incorporating Sirius XM's daily price movement you should consider buying Sirius XM Holding options at the current volatility level of 150.29%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Sirius XM 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" Sirius calls. Remember, the seller must deliver Sirius XM Holding stock to the call owner when a call is exercised.

Sirius XM Option Chain

When Sirius XM's strike price is surpassing the current stock price, the option contract against Sirius XM Holding 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.
Sirius XM's option chain is a display of a range of information that helps investors for ways to trade options on Sirius. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Sirius. It also shows strike prices and maturity days for a Sirius XM 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
2024-03-28 CALL at $3.50.88990.525682024-03-280.3 - 0.550.42In
Call
2024-03-28 CALL at $4.00.1782.47771912024-03-280.0 - 0.010.01Out
Call
2024-03-28 CALL at $4.50.06590.35664722024-03-280.0 - 0.010.01Out
Call
2024-03-28 CALL at $5.00.04620.17515402024-03-280.0 - 0.010.01Out
 Put
2024-03-28 PUT at $3.5-0.07290.46462562024-03-280.0 - 0.010.01Out
 Put
2024-03-28 PUT at $4.0-0.82022.475610822024-03-280.08 - 0.140.11In
 Put
2024-03-28 PUT at $4.5-0.46360.1607752024-03-280.01 - 2.711.37In
 Put
2024-03-28 PUT at $5.0-0.86480.270382024-03-280.15 - 1.150.86In
 Put
2024-03-28 PUT at $5.5-0.57690.152742024-03-280.58 - 3.752.32In
 Put
2024-03-28 PUT at $6.0-0.59540.138512024-03-281.08 - 4.254.25In

Sirius XM 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  

Sirius XM 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  

Sirius Total Stockholder Equity

Total Stockholder Equity

(2.44 Billion)

As of now, Sirius XM's Total Stockholder Equity is decreasing as compared to previous years.

Currently Active Assets on Macroaxis

When determining whether Sirius XM Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sirius XM'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 Sirius Xm Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sirius Xm Holding Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sirius XM Holding. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Complementary Tools for Sirius Stock analysis

When running Sirius XM's price analysis, check to measure Sirius XM'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 Sirius XM is operating at the current time. Most of Sirius XM's value examination focuses on studying past and present price action to predict the probability of Sirius XM's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sirius XM's price. Additionally, you may evaluate how the addition of Sirius XM to your portfolios can decrease your overall portfolio volatility.
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Is Sirius XM'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 Sirius XM. If investors know Sirius 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 Sirius XM 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
(0.02)
Dividend Share
0.099
Earnings Share
0.32
Revenue Per Share
2.321
Quarterly Revenue Growth
0.002
The market value of Sirius XM Holding is measured differently than its book value, which is the value of Sirius that is recorded on the company's balance sheet. Investors also form their own opinion of Sirius XM's value that differs from its market value or its book value, called intrinsic value, which is Sirius XM'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 Sirius XM's market value can be influenced by many factors that don't directly affect Sirius XM'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 Sirius XM's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sirius XM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sirius XM'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.