Encore Wire Stock Options

WIRE
 Stock
  

USD 144.71  0.24  0.17%   

Encore Wire's option chain provides insight into all available option contracts written on Encore Wire's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Encore Wire'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 Encore option contract. View S&P 500 options
  
Purchasing Encore Wire 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" Encore calls. Remember, the seller must deliver Encore Wire Cp stock to the call owner when a call is exercised.

In The Money vs. Out of Money Option Contracts on Encore Wire

Analyzing Encore Wire's in-the-money options over time can help investors to take a profitable long position in Encore Wire regardless of its overall volatility. This is especially true when Encore Wire's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Encore Wire's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Encore Wire's stock while costing only a fraction of its price.
Encore Wire's latest option contracts expiring on 2022-12-16 are carrying combined implied volatility of 9.14 with a put-to-call open interest ratio of 1.96 over 64 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on 2022-12-16. The current put volume is at 928, with calls trading at the volume of 103. This yields a 9.01 put-to-call volume ratio. The Encore Wire option chain provides detailed quote and price information for the current Encore Wire Cp option contracts. It shows all of Encore Wire's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2022-12-16 Option Contracts

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

Encore Wire Maximum Pain Price across 2022-12-16 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 Encore Wire 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.
Encore Wire's stock options are financial instruments that give investors the right to buy or sell shares of Encore Wire Cp common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Encore stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Encore Wire's stock price goes up or down, the stock options follow.
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Please note that buying 'in-the-money' options on Encore Wire lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Encore Wire'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 Encore Wire 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 Encore Stock moves the wrong way.
The current year Net Income Common Stock is expected to grow to about 40.5 M

Encore Wire Cp In The Money Call Balance

When Encore Wire's strike price is surpassing the current stock price, the option contract against Encore Wire Cp stock is said to be in the money. When it comes to buying Encore Wire'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 Encore Wire Cp 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.

Encore Current Options Market Mood

Encore Wire'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 Encore 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 Encore Wire'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. Encore Wire'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 Encore Wire'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 Encore contract

Base on the Rule 16, the options market is currently suggesting that Encore Wire Cp will have an average daily up or down price movement of about 0.57% per day over the life of the 2022-12-16 option contract. With Encore Wire trading at $144.71, that is roughly $0.83. If you think that the market is fully incorporating Encore Wire's daily price movement you should consider buying Encore Wire Cp options at the current volatility level of 9.14%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Encore Wire Option Chain

When Encore Wire's strike price is surpassing the current stock price, the option contract against Encore Wire Cp 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.
2022-12-162023-01-202023-02-172023-05-192023-06-162023-12-15
Encore Wire's option chain is a display of a range of information that helps investors for ways to trade options on Encore. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Encore. It also shows strike prices and maturity days for a Encore Wire 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
2022-12-16 CALL at $50.00.98525.0E-402022-12-1693.7 - 97.40.0In
Call
2022-12-16 CALL at $55.00.98196.0E-432022-12-1688.9 - 92.40.0In
Call
2022-12-16 CALL at $60.00.98396.0E-422022-12-1683.7 - 87.30.0In
Call
2022-12-16 CALL at $65.00.97758.0E-422022-12-1678.9 - 82.50.0In
Call
2022-12-16 CALL at $70.00.97570.00102022-12-1674.0 - 77.40.0In
Call
2022-12-16 CALL at $75.00.97670.00102022-12-1668.7 - 72.50.0In
Call
2022-12-16 CALL at $80.00.970.001322022-12-1664.2 - 67.30.0In
Call
2022-12-16 CALL at $85.00.96910.001552022-12-1659.1 - 62.30.0In
Call
2022-12-16 CALL at $90.00.97240.001652022-12-1653.8 - 57.30.0In
Call
2022-12-16 CALL at $95.00.96130.002262022-12-1649.2 - 52.30.0In
Call
2022-12-16 CALL at $100.00.96460.0024192022-12-1643.7 - 47.50.0In
Call
2022-12-16 CALL at $105.00.94610.003522022-12-1639.1 - 42.70.0In
Call
2022-12-16 CALL at $110.00.94780.0041102022-12-1633.7 - 37.833.2In
Call
2022-12-16 CALL at $115.00.92450.0057332022-12-1629.4 - 32.70.0In
Call
2022-12-16 CALL at $120.00.90310.0076512022-12-1624.7 - 27.834.96In
Call
2022-12-16 CALL at $125.00.86920.0103342022-12-1619.8 - 23.422.85In
Call
2022-12-16 CALL at $130.00.85590.0143582022-12-1614.8 - 17.416.4In
Call
2022-12-16 CALL at $135.00.78530.0205582022-12-1610.9 - 13.19.5In
Call
2022-12-16 CALL at $140.00.66490.0261172022-12-167.5 - 9.49.4In
Call
2022-12-16 CALL at $145.00.52420.0295482022-12-165.0 - 6.35.47Out
Call
2022-12-16 CALL at $150.00.37740.02881822022-12-162.55 - 3.53.29Out
Call
2022-12-16 CALL at $155.00.25350.024722022-12-161.4 - 2.251.94Out
Call
2022-12-16 CALL at $160.00.14360.0178732022-12-160.15 - 1.70.9Out
Call
2022-12-16 CALL at $180.00.06240.0063252022-12-160.0 - 1.350.5Out
 Put
2022-12-16 PUT at $130.0-0.14360.0143142022-12-160.15 - 2.31.5Out
 Put
2022-12-16 PUT at $135.0-0.22310.0202112022-12-160.75 - 2.852.0Out
 Put
2022-12-16 PUT at $140.0-0.33660.0261342022-12-161.9 - 4.73.22Out
 Put
2022-12-16 PUT at $145.0-0.47750.0299482022-12-164.4 - 6.14.13In
 Put
2022-12-16 PUT at $150.0-0.64120.0315352022-12-166.8 - 8.56.26In
 Put
2022-12-16 PUT at $155.0-0.77790.0252222022-12-1610.2 - 12.59.41In
 Put
2022-12-16 PUT at $160.0-0.95030.011912022-12-1613.9 - 16.416.1In
 Put
2022-12-16 PUT at $165.0-0.84020.013812022-12-1618.3 - 21.317.37In
 Put
2022-12-16 PUT at $170.0-0.82350.019702022-12-1622.7 - 26.90.0In
 Put
2022-12-16 PUT at $175.0-0.87380.009402022-12-1627.7 - 31.20.0In
 Put
2022-12-16 PUT at $180.0-0.87720.008202022-12-1632.7 - 36.30.0In
 Put
2022-12-16 PUT at $185.0-0.87960.007302022-12-1637.8 - 41.40.0In
 Put
2022-12-16 PUT at $190.0-0.86820.006702022-12-1642.6 - 46.80.0In
 Put
2022-12-16 PUT at $195.0-0.87830.006102022-12-1647.7 - 51.70.0In
 Put
2022-12-16 PUT at $200.0-0.87920.005602022-12-1652.5 - 56.80.0In
 Put
2022-12-16 PUT at $210.0-0.88020.004902022-12-1662.5 - 67.00.0In

Encore Wire Net Income Common Stock Over Time

The amount of net income (loss) for the period due to common shareholders. Typically differs from Net Income to the parent entity due to the deduction of Preferred Dividends.
   Net Income Common Stock   
Share
       Timeline  

Encore Wire Cp Historical Liabilities

While analyzing the current debt level is an essential aspect of forecasting the current year budgeting needs of Encore Wire, understanding its historical liability is critical in projecting Encore Wire's future earnings, especially during periods of low and high inflation and deflation. Many analysts look at the trend in assets and liabilities and evaluate how Encore Wire uses its financing power over time.

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Our tools can tell you how much better you can do entering a position in Encore Wire 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.

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Analyst Recommendations

Analyst recommendations and target price estimates broken down by several categories
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Is Encore Wire'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 Encore Wire. If investors know Encore 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 Encore Wire 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 YOY
0.17
Market Capitalization
2.6 B
Quarterly Revenue Growth YOY
0.064
Return On Assets
0.35
Return On Equity
0.49
The market value of Encore Wire Cp is measured differently than its book value, which is the value of Encore that is recorded on the company's balance sheet. Investors also form their own opinion of Encore Wire's value that differs from its market value or its book value, called intrinsic value, which is Encore Wire'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 Encore Wire's market value can be influenced by many factors that don't directly affect Encore Wire'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 Encore Wire's value and its price as these two are different measures arrived at by different means. Investors typically determine Encore Wire value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Encore Wire'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.