WM220121P00085000 Option on Waste Management

WM Stock  USD 213.15  0.82  0.38%   
Waste Management's option chain provides insight into all available option contracts written on Waste Management's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Waste Management'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 Waste option contract.

In The Money vs. Out of Money Option Contracts on Waste Management

Analyzing Waste Management's in-the-money options over time can help investors to take a profitable long position in Waste Management regardless of its overall volatility. This is especially true when Waste Management's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Waste Management's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Waste Management's stock while costing only a fraction of its price.
Waste Management's latest option contracts expiring on 2024-03-28 are carrying combined implied volatility of 24.2 with a put-to-call open interest ratio of 1.02 over 96 outstanding agreements suggesting investors are buying slightly more puts than calls on contracts expiring on 2024-03-28. The current put volume is at 170, with calls trading at the volume of 246. This yields a 0.69 put-to-call volume ratio. The Waste Management option chain provides detailed quote and price information for the current Waste Management option contracts. It shows all of Waste Management's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2024-03-28 Option Contracts

Waste Management 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 Waste Management's lending market. For example, when Waste Management'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 Waste Management, he or she must hedge the risk by shorting Waste Management stock over its option's life.
The chart above shows Waste Management'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. Waste Management's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Waste Management's option, there is no secondary market available for investors to trade.
Waste Management's stock options are financial instruments that give investors the right to buy or sell shares of Waste Management common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Waste stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Waste Management's stock price goes up or down, the stock options follow.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waste Management. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Waste Stock, please use our How to Invest in Waste Management guide.
Please note that buying 'in-the-money' options on Waste Management lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Waste Management'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 Waste Management 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 Waste Stock moves the wrong way.
As of the 28th of March 2024, Stock Based Compensation is likely to grow to about 118.7 M, while Total Stockholder Equity is likely to drop about 4.7 B.

Waste Management In The Money Call Balance

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

Waste Current Options Market Mood

Waste Management'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 Waste 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 Waste Management'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. Waste Management'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 Waste Management'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 Waste contract

Base on the Rule 16, the options market is currently suggesting that Waste Management will have an average daily up or down price movement of about 1.51% per day over the life of the 2024-03-28 option contract. With Waste Management trading at USD 213.15, that is roughly USD 3.22. If you think that the market is fully incorporating Waste Management's daily price movement you should consider buying Waste Management options at the current volatility level of 24.2%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Waste Management 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" Waste calls. Remember, the seller must deliver Waste Management stock to the call owner when a call is exercised.

Waste Management Option Chain

When Waste Management's strike price is surpassing the current stock price, the option contract against Waste Management 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.
Waste Management's option chain is a display of a range of information that helps investors for ways to trade options on Waste. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Waste. It also shows strike prices and maturity days for a Waste Management 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 $95.00.97096.0E-402024-03-28116.9 - 120.40.0In
Call
2024-03-28 CALL at $100.00.96917.0E-402024-03-28112.4 - 115.40.0In
Call
2024-03-28 CALL at $105.00.96728.0E-402024-03-28107.5 - 110.40.0In
Call
2024-03-28 CALL at $110.00.99233.0E-402024-03-28102.7 - 105.60.0In
Call
2024-03-28 CALL at $115.00.99592.0E-402024-03-2897.7 - 100.40.0In
Call
2024-03-28 CALL at $120.00.96460.00102024-03-2891.9 - 95.20.0In
Call
2024-03-28 CALL at $125.00.99831.0E-402024-03-2887.6 - 90.40.0In
Call
2024-03-28 CALL at $130.00.99831.0E-402024-03-2882.6 - 85.40.0In
Call
2024-03-28 CALL at $135.00.94880.001602024-03-2876.8 - 80.60.0In
Call
2024-03-28 CALL at $140.00.94980.001702024-03-2872.5 - 75.40.0In
Call
2024-03-28 CALL at $145.00.99097.0E-402024-03-2867.6 - 70.60.0In
Call
2024-03-28 CALL at $150.00.94250.002202024-03-2861.8 - 65.40.0In
Call
2024-03-28 CALL at $155.00.99327.0E-402024-03-2857.7 - 60.40.0In
Call
2024-03-28 CALL at $160.00.99278.0E-402024-03-2852.6 - 55.50.0In
Call
2024-03-28 CALL at $165.00.9310.003302024-03-2847.3 - 50.30.0In
Call
2024-03-28 CALL at $170.00.90610.004202024-03-2841.7 - 45.90.0In
Call
2024-03-28 CALL at $175.00.92970.004402024-03-2837.8 - 40.00.0In
Call
2024-03-28 CALL at $180.00.90480.005702024-03-2831.8 - 35.419.84In
Call
2024-03-28 CALL at $185.00.99688.0E-402024-03-2827.7 - 30.30.0In
Call
2024-03-28 CALL at $187.50.99660.00102024-03-2825.2 - 27.80.0In
Call
2024-03-28 CALL at $190.00.84760.008942024-03-2821.5 - 26.221.68In
Call
2024-03-28 CALL at $192.50.88690.009902024-03-2820.3 - 22.60.0In
Call
2024-03-28 CALL at $195.00.84630.011642024-03-2816.8 - 20.716.32In
Call
2024-03-28 CALL at $197.50.80470.01312024-03-2814.0 - 18.917.0In
Call
2024-03-28 CALL at $200.00.84650.016202024-03-2812.6 - 15.212.5In
Call
2024-03-28 CALL at $202.50.80990.019402024-03-289.3 - 13.00.0In
Call
2024-03-28 CALL at $205.00.79870.02482972024-03-287.2 - 10.37.2In
Call
2024-03-28 CALL at $207.50.850.0361292024-03-284.3 - 7.05.44In
Call
2024-03-28 CALL at $210.00.67590.03882742024-03-282.75 - 6.03.1In
Call
2024-03-28 CALL at $212.50.87390.15791742024-03-281.45 - 1.71.22In
Call
2024-03-28 CALL at $215.00.21180.23151122024-03-280.15 - 0.250.15Out
Call
2024-03-28 CALL at $217.50.07470.0587522024-03-280.0 - 0.150.08Out
 Put
2024-03-28 PUT at $280.0-0.94840.003102024-03-2864.6 - 66.70.0In
 Put
2024-03-28 PUT at $275.0-0.96430.002702024-03-2859.7 - 63.10.0In
 Put
2024-03-28 PUT at $270.0-0.96990.002702024-03-2854.5 - 58.10.0In
 Put
2024-03-28 PUT at $265.0-0.96810.00302024-03-2849.5 - 53.159.7In
 Put
2024-03-28 PUT at $260.0-0.89930.005702024-03-2844.5 - 47.40.0In
 Put
2024-03-28 PUT at $255.0-0.99380.001202024-03-2839.7 - 42.40.0In
 Put
2024-03-28 PUT at $250.0-0.88080.007402024-03-2834.5 - 37.50.0In
 Put
2024-03-28 PUT at $245.0-0.95130.005902024-03-2829.7 - 33.00.0In
 Put
2024-03-28 PUT at $240.0-0.95770.006502024-03-2824.3 - 28.20.0In
 Put
2024-03-28 PUT at $235.0-0.95150.008502024-03-2819.0 - 23.50.0In
 Put
2024-03-28 PUT at $232.5-0.95560.009102024-03-2816.4 - 21.020.35In
 Put
2024-03-28 PUT at $230.0-0.94230.012502024-03-2814.0 - 18.50.0In
 Put
2024-03-28 PUT at $227.5-0.89740.017602024-03-2812.4 - 15.60.0In
 Put
2024-03-28 PUT at $225.0-0.89210.021802024-03-289.7 - 13.20.0In
 Put
2024-03-28 PUT at $222.5-0.81140.029302024-03-288.2 - 10.70.0In
 Put
2024-03-28 PUT at $220.0-0.84050.041402024-03-284.8 - 8.20.0In
 Put
2024-03-28 PUT at $217.5-0.79830.068302024-03-282.25 - 5.70.0In
 Put
2024-03-28 PUT at $215.0-0.74390.2108742024-03-281.1 - 1.41.6In
 Put
2024-03-28 PUT at $212.5-0.23570.14731212024-03-280.0 - 0.150.29Out
 Put
2024-03-28 PUT at $210.0-0.04190.03836932024-03-280.0 - 0.30.04Out
 Put
2024-03-28 PUT at $207.5-0.05590.027552024-03-280.0 - 0.10.1Out
 Put
2024-03-28 PUT at $205.0-0.04440.01721382024-03-280.0 - 0.10.1Out

Waste Management 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  

Waste Management 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  

Waste Total Stockholder Equity

Total Stockholder Equity

4.73 Billion

At this time, Waste Management's Total Stockholder Equity is very stable compared to the past year.

Waste Management Investors Sentiment

The influence of Waste Management'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 Waste. 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 Waste Management's public news can be used to forecast risks associated with an investment in Waste. The trend in average sentiment can be used to explain how an investor holding Waste can time the market purely based on public headlines and social activities around Waste Management. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Waste Management'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 Waste Management'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 Waste Management's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Waste Management.

Waste Management Implied Volatility

    
  24.2  
Waste Management's implied volatility exposes the market's sentiment of Waste Management stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Waste Management's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Waste Management stock will not fluctuate a lot when Waste Management's options are near their expiration.
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 Waste Management 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, Waste Management's short interest history, or implied volatility extrapolated from Waste Management options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Waste Management is a strong investment it is important to analyze Waste Management'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 Waste Management's future performance. For an informed investment choice regarding Waste Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waste Management. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Waste Stock, please use our How to Invest in Waste Management guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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When running Waste Management's price analysis, check to measure Waste Management'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 Waste Management is operating at the current time. Most of Waste Management's value examination focuses on studying past and present price action to predict the probability of Waste Management's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Waste Management's price. Additionally, you may evaluate how the addition of Waste Management to your portfolios can decrease your overall portfolio volatility.
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Is Waste Management'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 Waste Management. If investors know Waste 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 Waste Management 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
0.01
Dividend Share
2.8
Earnings Share
5.65
Revenue Per Share
50.447
Quarterly Revenue Growth
0.057
The market value of Waste Management is measured differently than its book value, which is the value of Waste that is recorded on the company's balance sheet. Investors also form their own opinion of Waste Management's value that differs from its market value or its book value, called intrinsic value, which is Waste Management'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 Waste Management's market value can be influenced by many factors that don't directly affect Waste Management'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 Waste Management's value and its price as these two are different measures arrived at by different means. Investors typically determine if Waste Management is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Waste Management'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.