2024-06-21 CALL at $45.0 Option on AAON Inc
| AAON Stock | USD 75.05 0.12 0.16% |
2024-06-21 CALL at $45.0 is a CALL option contract on AAON's common stock with a strick price of 45.0 expiring on 2024-06-21. The contract was not traded in recent days and, as of today, has 19 days remaining before the expiration. The option is currently trading at a bid price of $27.5, and an ask price of $32.5. The implied volatility as of the 2nd of June is 216.56.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AAON 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 persons.
AAON |
Call options on AAON give the investor right to buy AAON Stock at a specified price within a specific period. The strike price represents the predetermined price at which a call buyer can buy AAON Stock. Call options may be purchased for speculation or sold for income purposes, or simply combined for various spread or combination strategies. If AAON's price is above the strike price at expiry, the profit is the current AAON's stock price, minus the strike price and the premium.
Rule 16 of 2024-06-21 Option Contract
The options market is anticipating that AAON Inc will have an average daily up or down price movement of about 13.54% per day over the life of the option. With AAON trading at USD 75.05, that is roughly USD 10.16. If you think that the market is fully understating AAON's daily price movement you should consider buying AAON Inc options at that current volatility level of 216.56%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Call Option on AAON
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 AAON 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 AAON Stock 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 $45.0 |
| Expires On | 2024-06-21 |
| Days Before Expriration | 19 |
| Last Traded On | 0000-00-00 00:00:00 |
| Contract Period | MONTHLY |
| Open Interest | 0 |
| Current Trading Volume | 0.0 |
| Strike Price | 45.0 |
| Last Traded At | 0.0 |
| Current Price Spread | 27.5 | 32.5 |
| Rule 16 Daily Up or Down | USD10.16 |
AAON short CALL Option Greeks
AAON's Option Greeks for the contract ending on 2024-06-21 at a strike price of 45.0 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 AAON's option greeks, its implied volatility helps estimate the risk of AAON stock implied by the prices of the options on AAON's stock.
| Delta | 0.8974 | |
| Gamma | 0.0047 | |
| Theta | -0.1741 | |
| Vega | 0.0314 | |
| Rho | 0.0191 |
AAON long CALL Option Payoff at expiration
Buying AAON's call option is the simplest of option trades. A call option on AAON Stock gives investors the right (but not the obligation) to purchase AAON at the given strike price. Therefore AAON's call intrinsic value or payoff at expiration depends on where the AAON Stock price is relative to the call option strike price. The strike price of 45.0 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 AAON's price. Finally, at the break-even point of 77.5, the line crosses zero, and trading AAON becomes profitable.
Profit |
| AAON Price At Expiration |
AAON short CALL Option Payoff at expiration
By selling AAON's call option, the investors signals his or her bearish sentiment. A short position in a call option written on AAON will generally make money when the underlying price goes down. Therefore AAON's call intrinsic value or payoff at expiration depends on where the AAON Stock price is relative to the call option strike price. The strike price of 45.0 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 AAON's price. Finally, at the break-even point of 77.5, the line crosses zero, and trading AAON becomes disadvantageous with no downside limits.
Profit |
| AAON Price At Expiration |
AAON Inc Available Call Options
AAON's option chain is a display of a range of information that helps investors for ways to trade options on AAON. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for AAON. It also shows strike prices and maturity days for a AAON 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 | 2024-06-21 CALL at $45.0 | 0.8974 | 0.0047 | 0 | 2024-06-21 | 27.5 - 32.5 | 0.0 | In |
Call | 2024-06-21 CALL at $50.0 | 0.8814 | 0.0063 | 0 | 2024-06-21 | 22.5 - 27.4 | 0.0 | In |
Call | 2024-06-21 CALL at $55.0 | 0.8562 | 0.0085 | 0 | 2024-06-21 | 17.6 - 22.5 | 0.0 | In |
Call | 2024-06-21 CALL at $60.0 | 0.8258 | 0.012 | 0 | 2024-06-21 | 12.7 - 17.5 | 0.0 | In |
Call | 2024-06-21 CALL at $65.0 | 0.9848 | 0.0073 | 2 | 2024-06-21 | 8.0 - 12.5 | 10.9 | In |
Call | 2024-06-21 CALL at $70.0 | 0.7926 | 0.0405 | 1 | 2024-06-21 | 4.3 - 7.9 | 6.45 | In |
Call | 2024-06-21 CALL at $75.0 | 0.5328 | 0.0561 | 5 | 2024-06-21 | 1.0 - 4.9 | 2.7 | In |
Call | 2024-06-21 CALL at $80.0 | 0.2138 | 0.0526 | 613 | 2024-06-21 | 0.5 - 0.8 | 1.05 | Out |
Call | 2024-06-21 CALL at $85.0 | 0.302 | 0.0235 | 8 | 2024-06-21 | 0.15 - 5.0 | 0.8 | Out |
Call | 2024-06-21 CALL at $90.0 | 0.0545 | 0.0136 | 8 | 2024-06-21 | 0.0 - 0.15 | 0.18 | Out |
Be your own money manager
Our tools can tell you how much better you can do entering a position in AAON 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?
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AAON Corporate Management
Elected by the shareholders, the AAON's board of directors comprises two types of representatives: AAON inside directors who are chosen from within the company, and outside directors, selected externally and held independent of AAON. The board's role is to monitor AAON's management team and ensure that shareholders' interests are well served. AAON's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, AAON's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Stephen Wakefield | VP Oklahoma | Profile | |
| Christopher Eason | Chief Officer | Profile | |
| Joseph CFA | Director Relations | Profile | |
| Rebecca Thompson | Chief Accounting Officer | Profile |
Already Invested in AAON Inc?
The danger of trading AAON Inc is mainly related to its market volatility and Company 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 AAON 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 AAON. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile AAON Inc 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 AAON Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AAON's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Aaon Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Aaon Inc Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AAON 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 persons. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for AAON Stock analysis
When running AAON's price analysis, check to measure AAON'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 AAON is operating at the current time. Most of AAON's value examination focuses on studying past and present price action to predict the probability of AAON's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AAON's price. Additionally, you may evaluate how the addition of AAON to your portfolios can decrease your overall portfolio volatility.
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Is AAON'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 AAON. If investors know AAON 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 AAON 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 (0.69) | Dividend Share 0.32 | Earnings Share 2.15 | Revenue Per Share 14.298 | Quarterly Revenue Growth 0.168 |
The market value of AAON Inc is measured differently than its book value, which is the value of AAON that is recorded on the company's balance sheet. Investors also form their own opinion of AAON's value that differs from its market value or its book value, called intrinsic value, which is AAON'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 AAON's market value can be influenced by many factors that don't directly affect AAON'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 AAON's value and its price as these two are different measures arrived at by different means. Investors typically determine if AAON is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AAON'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.