2024-06-21 CALL at $156.0 Option on Vanguard Russell 2000
| VTWG Etf | USD 189.17 1.49 0.78% |
2024-06-21 CALL at $156.0 is a CALL option contract on Vanguard Russell's common stock with a strick price of 156.0 expiring on 2024-06-21. The contract was not traded in recent days and, as of today, has 42 days remaining before the expiration. The option is currently trading at a bid price of $27.9, and an ask price of $30.8. The implied volatility as of the 11th of May 2024 is 35.86.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vanguard Russell 2000. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
Vanguard |
Call options on Vanguard Russell give the investor right to buy Vanguard Etf at a specified price within a specific period. The strike price represents the predetermined price at which a call buyer can buy Vanguard Etf. Call options may be purchased for speculation or sold for income purposes, or simply combined for various spread or combination strategies. If Vanguard Russell's price is above the strike price at expiry, the profit is the current Vanguard Russell's stock price, minus the strike price and the premium.
Rule 16 of 2024-06-21 Option Contract
The options market is anticipating that Vanguard Russell 2000 will have an average daily up or down price movement of about 2.24% per day over the life of the option. With Vanguard Russell trading at USD 189.17, that is roughly USD 4.24. If you think that the market is fully understating Vanguard Russell's daily price movement you should consider buying Vanguard Russell 2000 options at that current volatility level of 35.86%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Call Option on Vanguard Russell
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 Vanguard Russell 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 Vanguard 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 $156.0 |
| Expires On | 2024-06-21 |
| Days Before Expriration | 42 |
| Last Traded On | 0000-00-00 00:00:00 |
| Contract Period | MONTHLY |
| Open Interest | 0 |
| Current Trading Volume | 0.0 |
| Strike Price | 156.0 |
| Last Traded At | 0.0 |
| Current Price Spread | 27.9 | 30.8 |
| Rule 16 Daily Up or Down | USD4.24 |
Vanguard short CALL Option Greeks
Vanguard Russell's Option Greeks for the contract ending on 2024-06-21 at a strike price of 156.0 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 Vanguard Russell's option greeks, its implied volatility helps estimate the risk of Vanguard Russell stock implied by the prices of the options on Vanguard Russell's stock.
| Delta | 0.9081 | |
| Gamma | 0.0064 | |
| Theta | -0.059 | |
| Vega | 0.1181 | |
| Rho | 0.2058 |
Vanguard long CALL Option Payoff at expiration
Buying Vanguard Russell's call option is the simplest of option trades. A call option on Vanguard Etf gives investors the right (but not the obligation) to purchase Vanguard Russell at the given strike price. Therefore Vanguard Russell's call intrinsic value or payoff at expiration depends on where the Vanguard Etf price is relative to the call option strike price. The strike price of 156.0 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 Vanguard Russell's price. Finally, at the break-even point of 186.8, the line crosses zero, and trading Vanguard becomes profitable.
Profit |
| Vanguard Russell Price At Expiration |
Vanguard short CALL Option Payoff at expiration
By selling Vanguard Russell's call option, the investors signals his or her bearish sentiment. A short position in a call option written on Vanguard Russell will generally make money when the underlying price goes down. Therefore Vanguard Russell's call intrinsic value or payoff at expiration depends on where the Vanguard Etf price is relative to the call option strike price. The strike price of 156.0 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 Vanguard Russell's price. Finally, at the break-even point of 186.8, the line crosses zero, and trading Vanguard becomes disadvantageous with no downside limits.
Profit |
| Vanguard Russell Price At Expiration |
Vanguard Russell 2000 Available Call Options
Vanguard Russell's option chain is a display of a range of information that helps investors for ways to trade options on Vanguard. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Vanguard. It also shows strike prices and maturity days for a Vanguard Russell 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 | 2024-05-17 CALL at $176.0 | 0.8855 | 0.0252 | 0 | 2024-05-17 | 7.9 - 10.7 | 0.0 | In |
Call | 2024-05-17 CALL at $177.0 | 0.8492 | 0.0294 | 0 | 2024-05-17 | 7.0 - 10.0 | 0.0 | In |
Call | 2024-05-17 CALL at $178.0 | 0.8145 | 0.0333 | 0 | 2024-05-17 | 6.2 - 9.2 | 0.0 | In |
Call | 2024-05-17 CALL at $179.0 | 0.7591 | 0.0355 | 0 | 2024-05-17 | 5.4 - 8.9 | 0.0 | In |
Call | 2024-05-17 CALL at $180.0 | 0.7611 | 0.0433 | 0 | 2024-05-17 | 4.7 - 7.1 | 0.0 | In |
Call | 2024-05-17 CALL at $181.0 | 0.6806 | 0.0406 | 0 | 2024-05-17 | 4.0 - 7.5 | 0.0 | In |
Call | 2024-05-17 CALL at $182.0 | 0.6596 | 0.0494 | 0 | 2024-05-17 | 3.3 - 5.9 | 0.0 | In |
Call | 2024-05-17 CALL at $183.0 | 0.6071 | 0.0511 | 0 | 2024-05-17 | 2.75 - 5.3 | 0.0 | In |
Call | 2024-05-17 CALL at $184.0 | 0.5549 | 0.0522 | 0 | 2024-05-17 | 2.15 - 4.8 | 0.0 | In |
Call | 2024-05-17 CALL at $185.0 | 0.5025 | 0.0521 | 0 | 2024-05-17 | 1.6 - 4.4 | 0.0 | In |
Call | 2024-05-17 CALL at $186.0 | 0.451 | 0.0516 | 0 | 2024-05-17 | 1.2 - 3.9 | 0.0 | In |
Call | 2024-05-17 CALL at $187.0 | 0.4009 | 0.0502 | 0 | 2024-05-17 | 0.8 - 3.5 | 0.0 | In |
Call | 2024-05-17 CALL at $188.0 | 0.3516 | 0.0485 | 0 | 2024-05-17 | 0.45 - 3.1 | 0.0 | In |
Call | 2024-05-17 CALL at $189.0 | 0.3009 | 0.0466 | 0 | 2024-05-17 | 0.15 - 2.65 | 0.0 | In |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Vanguard Russell 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?
Run Portfolio Optimization Now
Portfolio OptimizationCompute new portfolio that will generate highest expected return given your specified tolerance for risk |
| All Next | Launch Module |
Already Invested in Vanguard Russell 2000?
The danger of trading Vanguard Russell 2000 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 Vanguard Russell 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 Vanguard Russell. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Vanguard Russell 2000 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 Vanguard Russell 2000 is a strong investment it is important to analyze Vanguard Russell'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 Vanguard Russell's future performance. For an informed investment choice regarding Vanguard Etf, refer to the following important reports: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vanguard Russell 2000. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in housing. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
The market value of Vanguard Russell 2000 is measured differently than its book value, which is the value of Vanguard that is recorded on the company's balance sheet. Investors also form their own opinion of Vanguard Russell's value that differs from its market value or its book value, called intrinsic value, which is Vanguard Russell'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 Vanguard Russell's market value can be influenced by many factors that don't directly affect Vanguard Russell'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 Vanguard Russell's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vanguard Russell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vanguard Russell'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.