SR220318P00065000 Option on Spire Inc

SR Stock  USD 61.37  0.80  1.32%   
Spire's option chain provides insight into all available option contracts written on Spire's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Spire'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 Spire option contract.

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

Analyzing Spire's in-the-money options over time can help investors to take a profitable long position in Spire regardless of its overall volatility. This is especially true when Spire's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Spire's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Spire's stock while costing only a fraction of its price.
Spire's latest option contracts expiring on 2024-04-19 are carrying combined implied volatility of 11.33 with a put-to-call open interest ratio of 1.0 over 26 outstanding agreements suggesting . The current put volume is at 0, with calls trading at the volume of 4. This yields a 0.0 put-to-call volume ratio. The Spire option chain provides detailed quote and price information for the current Spire Inc option contracts. It shows all of Spire's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2024-04-19 Option Contracts

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

Spire 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 Spire 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.
Spire's stock options are financial instruments that give investors the right to buy or sell shares of Spire Inc common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Spire stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Spire'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 Spire Inc. 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 Spire lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Spire'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 Spire 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 Spire Stock moves the wrong way.
At this time, Spire's Sale Purchase Of Stock is relatively stable compared to the past year. As of 03/28/2024, Stock Based Compensation is likely to grow to about 7.7 M, while Common Stock Total Equity is likely to drop slightly above 32.7 M.

Spire Current Options Market Mood

Spire'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 Spire 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 Spire'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. Spire'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 Spire'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 Spire contract

Base on the Rule 16, the options market is currently suggesting that Spire Inc will have an average daily up or down price movement of about 0.71% per day over the life of the 2024-04-19 option contract. With Spire trading at USD 61.37, that is roughly USD 0.43. If you think that the market is fully incorporating Spire's daily price movement you should consider buying Spire Inc options at the current volatility level of 11.33%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Spire 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" Spire calls. Remember, the seller must deliver Spire Inc stock to the call owner when a call is exercised.

Spire Option Chain

When Spire's strike price is surpassing the current stock price, the option contract against Spire Inc 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.
Spire's option chain is a display of a range of information that helps investors for ways to trade options on Spire. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Spire. It also shows strike prices and maturity days for a Spire 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 $30.00.91030.003802024-04-1928.0 - 32.90.0In
Call
2024-04-19 CALL at $35.00.89060.005302024-04-1923.0 - 27.90.0In
Call
2024-04-19 CALL at $40.00.86420.007502024-04-1918.0 - 23.00.0In
Call
2024-04-19 CALL at $45.00.8350.010902024-04-1913.0 - 17.90.0In
Call
2024-04-19 CALL at $50.00.79070.016502024-04-198.0 - 12.90.0In
Call
2024-04-19 CALL at $55.00.91210.035602024-04-193.5 - 8.00.0In
Call
2024-04-19 CALL at $60.00.64010.22142024-04-190.05 - 4.71.0In
 Put
2024-04-19 PUT at $55.0-0.06850.032732024-04-190.05 - 0.20.25Out
 Put
2024-04-19 PUT at $60.0-0.44280.055632024-04-190.05 - 5.02.4Out
 Put
2024-04-19 PUT at $65.0-0.90470.05302024-04-192.1 - 7.00.0In
 Put
2024-04-19 PUT at $70.0-0.95470.018802024-04-197.0 - 12.00.0In
 Put
2024-04-19 PUT at $75.0-0.96390.011302024-04-1912.0 - 17.00.0In
 Put
2024-04-19 PUT at $80.0-0.96920.007902024-04-1917.0 - 22.00.0In
 Put
2024-04-19 PUT at $85.0-0.98610.003802024-04-1922.0 - 26.90.0In
 Put
2024-04-19 PUT at $90.0-0.97440.00502024-04-1927.0 - 32.00.0In

Spire 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  

Spire 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  

Spire Total Stockholder Equity

Total Stockholder Equity

3.52 Billion

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

Spire Investors Sentiment

The influence of Spire's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Spire. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Spire's public news can be used to forecast risks associated with an investment in Spire. The trend in average sentiment can be used to explain how an investor holding Spire can time the market purely based on public headlines and social activities around Spire Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Spire's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Spire's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Spire's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Spire.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Spire in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Spire's short interest history, or implied volatility extrapolated from Spire options trading.

Currently Active Assets on Macroaxis

When determining whether Spire Inc is a strong investment it is important to analyze Spire'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 Spire's future performance. For an informed investment choice regarding Spire Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spire Inc. 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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When running Spire's price analysis, check to measure Spire'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 Spire is operating at the current time. Most of Spire's value examination focuses on studying past and present price action to predict the probability of Spire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spire's price. Additionally, you may evaluate how the addition of Spire to your portfolios can decrease your overall portfolio volatility.
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Is Spire'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 Spire. If investors know Spire 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 Spire 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
(0.09)
Dividend Share
2.915
Earnings Share
3.71
Revenue Per Share
49.434
Quarterly Revenue Growth
(0.07)
The market value of Spire Inc is measured differently than its book value, which is the value of Spire that is recorded on the company's balance sheet. Investors also form their own opinion of Spire's value that differs from its market value or its book value, called intrinsic value, which is Spire'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 Spire's market value can be influenced by many factors that don't directly affect Spire'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 Spire's value and its price as these two are different measures arrived at by different means. Investors typically determine if Spire is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spire'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.