Olympic Steel Stock Options

ZEUS -  USA Stock  

USD 25.41  0.13  0.51%

Olympic Steel's option chain provides insight into all available option contracts written on Olympic Steel's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Olympic Steel'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 Olympic option contract. View S&P 500 options

Olympic Stock Options 

Purchasing Olympic Steel 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" Olympic calls. Remember, the seller must deliver Olympic Steel stock to the call owner when a call is exercised.

In The Money vs. Out of Money Option Contracts on Olympic Steel

Analyzing Olympic Steel's in-the-money options over time can help investors to take a profitable long position in Olympic Steel regardless of its overall volatility. This is especially true when Olympic Steel's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Olympic Steel's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Olympic Steel's stock while costing only a fraction of its price.
Olympic Steel's latest option contracts expiring on 2021-11-19 are carrying combined implied volatility of 37.95 with a put-to-call open interest ratio of 1.36 over 13 outstanding agreements suggesting investors are buying more puts than calls on contracts expiring on 2021-11-19. The current put volume is at 45, with calls trading at the volume of 10. This yields a 4.5 put-to-call volume ratio. The Olympic Steel option chain provides detailed quote and price information for the current Olympic Steel option contracts. It shows all of Olympic Steel's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2021-11-19 Option Contracts

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

Olympic Steel Maximum Pain Price accross 2021-11-19 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 Olympic Steel 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.
Olympic Steel's stock options are financial instruments that give investors the right to buy or sell shares of Olympic Steel common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Olympic stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Olympic Steel's stock price goes up or down, the stock options follow.
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Please note that buying 'in-the-money' options on Olympic Steel lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Olympic Steel'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 Olympic Steel 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 Olympic Stock moves the wrong way.
As of 10/17/2021, Net Income Common Stock is likely to drop to about (31.6 M)

Olympic Steel In The Money Call Balance

When Olympic Steel's strike price is surpassing the current stock price, the option contract against Olympic Steel stock is said to be in the money. When it comes to buying Olympic Steel'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' options written on Olympic Steel 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.

Olympic Current Options Market Mood

Olympic Steel'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 Olympic 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 Olympic Steel'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. Olympic Steel'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 Olympic Steel'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.

Olympic Steel Option Chain

When Olympic Steel's strike price is surpassing the current stock price, the option contract against Olympic Steel 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.
Olympic Steel's option chain is a display of a range of information that helps investors for ways to trade options on Olympic. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Olympic. It also shows strike prices and maturity days for a Olympic Steel 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
2021-11-19 CALL at $15.00.9020.013402021-11-199.5 - 12.80.0In
2021-11-19 CALL at $20.00.80770.031402021-11-195.5 - 7.50.0In
2021-11-19 CALL at $22.50.77390.064312021-11-192.95 - 4.23.2In
2021-11-19 CALL at $25.00.57190.073272021-11-191.65 - 3.02.25In
2021-11-19 CALL at $30.00.21760.060992021-11-190.4 - 0.70.7Out
2021-11-19 CALL at $35.00.07060.026152021-11-190.05 - 0.250.25Out
2021-11-19 PUT at $17.5-0.07470.0193132021-11-190.05 - 0.50.38Out
2021-11-19 PUT at $20.0-0.16390.03402021-11-190.25 - 1.20.0Out
2021-11-19 PUT at $22.5-0.2350.0623172021-11-190.6 - 0.91.3Out
2021-11-19 PUT at $25.0-0.42880.084102021-11-191.4 - 1.90.0Out
2021-11-19 PUT at $30.0-0.74570.058402021-11-194.8 - 5.90.0In
2021-11-19 PUT at $35.0-0.99540.004102021-11-198.9 - 10.30.0In

Olympic Steel 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 

Olympic Steel Net Income Common Stock USD Over Time

Net Income Common Stock in USD; converted by US Dollar Exchange Rate.
 Net Income Common Stock USD 

Olympic Steel Historical Liabilities

While analyzing the current debt level is an essential aspect of forecasting the current year budgeting needs of Olympic Steel, understanding its historical liability is critical in projecting Olympic Steel'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 Olympic Steel 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 Olympic Steel without increasing your portfolio risk or giving up 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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Check out Your Current Watchlist. Note that the Olympic Steel information on this page should be used as a complementary analysis to other Olympic Steel's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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The market value of Olympic Steel is measured differently than its book value, which is the value of Olympic that is recorded on the company's balance sheet. Investors also form their own opinion of Olympic Steel's value that differs from its market value or its book value, called intrinsic value, which is Olympic Steel'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 Olympic Steel's market value can be influenced by many factors that don't directly affect Olympic Steel underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Olympic Steel's value and its price as these two are different measures arrived at by different means. Investors typically determine Olympic Steel value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Olympic Steel'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.