AX240419P00057500 Option on Axos Financial
| AX Stock | USD 53.05 0.11 0.21% |
Axos Financial's option chain provides insight into all available option contracts written on Axos Financial's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Axos Financial'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 Axos option contract.
In The Money vs. Out of Money Option Contracts on Axos Financial
Analyzing Axos Financial's in-the-money options over time can help investors to take a profitable long position in Axos Financial regardless of its overall volatility. This is especially true when Axos Financial's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Axos Financial's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Axos Financial's stock while costing only a fraction of its price.
Axos Financial's latest option contracts expiring on 2024-05-17 are carrying combined implied volatility of 53.27 with a put-to-call open interest ratio of 1.8 over 32 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on 2024-05-17. The current put volume is at 129, with calls trading at the volume of 66. This yields a 1.95 put-to-call volume ratio. The Axos Financial option chain provides detailed quote and price information for the current Axos Financial option contracts. It shows all of Axos Financial's listed puts, calls, expiration dates, strike prices, and other pricing information.
Open Interest Against 2024-05-17 Option Contracts
Axos Financial 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 Axos Financial's lending market. For example, when Axos Financial'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 Axos Financial, he or she must hedge the risk by shorting Axos Financial stock over its option's life.
2024-05-17
The chart above shows Axos Financial'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. Axos Financial's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Axos Financial's option, there is no secondary market available for investors to trade.
Axos Financial Maximum Pain Price across 2024-05-17 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 Axos Financial 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.
Axos Financial's stock options are financial instruments that give investors the right to buy or sell shares of Axos Financial common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Axos stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Axos Financial's stock price goes up or down, the stock options follow.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axos Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. Please note that buying 'in-the-money' options on Axos Financial lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Axos Financial'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 Axos Financial 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 Axos Stock moves the wrong way.
At this time, Axos Financial's Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to rise to about 24.6 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 49.7 M in 2024. Axos Financial In The Money Call Balance
When Axos Financial's strike price is surpassing the current stock price, the option contract against Axos Financial stock is said to be in the money. When it comes to buying Axos Financial'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 Axos Financial 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.
Axos Current Options Market Mood
Axos Financial'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 Axos 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 Axos Financial'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. Axos Financial'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 Axos Financial'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 Axos contract
Base on the Rule 16, the options market is currently suggesting that Axos Financial will have an average daily up or down price movement of about 3.33% per day over the life of the 2024-05-17 option contract. With Axos Financial trading at USD 53.05, that is roughly USD 1.77. If you think that the market is fully incorporating Axos Financial's daily price movement you should consider buying Axos Financial options at the current volatility level of 53.27%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Axos |
Purchasing Axos Financial 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" Axos calls. Remember, the seller must deliver Axos Financial stock to the call owner when a call is exercised.
Axos Financial Option Chain
When Axos Financial's strike price is surpassing the current stock price, the option contract against Axos Financial 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.
Axos Financial's option chain is a display of a range of information that helps investors for ways to trade options on Axos. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Axos. It also shows strike prices and maturity days for a Axos Financial 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 $27.5 | 0.964 | 0.0036 | 0 | 2024-05-17 | 24.1 - 27.9 | 0.0 | In |
Call | 2024-05-17 CALL at $30.0 | 0.9599 | 0.0045 | 0 | 2024-05-17 | 21.9 - 25.1 | 0.0 | In |
Call | 2024-05-17 CALL at $32.5 | 0.9879 | 0.0026 | 0 | 2024-05-17 | 18.8 - 22.6 | 0.0 | In |
Call | 2024-05-17 CALL at $35.0 | 0.9788 | 0.0044 | 0 | 2024-05-17 | 16.9 - 19.6 | 0.0 | In |
Call | 2024-05-17 CALL at $37.5 | 0.9683 | 0.0067 | 0 | 2024-05-17 | 13.9 - 17.7 | 0.0 | In |
Call | 2024-05-17 CALL at $40.0 | 0.8893 | 0.0136 | 14 | 2024-05-17 | 12.6 - 15.4 | 9.75 | In |
Call | 2024-05-17 CALL at $42.5 | 0.8448 | 0.0178 | 2 | 2024-05-17 | 8.9 - 11.9 | 7.7 | In |
Call | 2024-05-17 CALL at $45.0 | 0.852 | 0.0249 | 8 | 2024-05-17 | 7.7 - 10.2 | 6.3 | In |
Call | 2024-05-17 CALL at $47.5 | 0.8288 | 0.0374 | 15 | 2024-05-17 | 6.2 - 6.5 | 3.9 | In |
Call | 2024-05-17 CALL at $50.0 | 0.717 | 0.0527 | 34 | 2024-05-17 | 4.3 - 4.5 | 3.37 | In |
Call | 2024-05-17 CALL at $52.5 | 0.5679 | 0.0615 | 281 | 2024-05-17 | 2.75 - 2.95 | 2.9 | In |
Call | 2024-05-17 CALL at $55.0 | 0.4125 | 0.062 | 216 | 2024-05-17 | 1.65 - 1.75 | 1.75 | Out |
Call | 2024-05-17 CALL at $57.5 | 0.2749 | 0.0532 | 80 | 2024-05-17 | 0.9 - 1.0 | 1.0 | Out |
Call | 2024-05-17 CALL at $60.0 | 0.1713 | 0.0402 | 51 | 2024-05-17 | 0.45 - 0.55 | 0.55 | Out |
Call | 2024-05-17 CALL at $65.0 | 0.0427 | 0.0152 | 6 | 2024-05-17 | 0.05 - 0.15 | 0.25 | Out |
Put | 2024-05-17 PUT at $70.0 | -0.807 | 0.0189 | 0 | 2024-05-17 | 15.3 - 18.2 | 0.0 | In |
Put | 2024-05-17 PUT at $65.0 | -0.8349 | 0.025 | 0 | 2024-05-17 | 11.1 - 14.2 | 0.0 | In |
Put | 2024-05-17 PUT at $60.0 | -0.8139 | 0.04 | 1 | 2024-05-17 | 5.5 - 7.5 | 8.2 | In |
Put | 2024-05-17 PUT at $57.5 | -0.8146 | 0.06 | 0 | 2024-05-17 | 4.2 - 5.4 | 0.0 | In |
Put | 2024-05-17 PUT at $55.0 | -0.5943 | 0.0637 | 7 | 2024-05-17 | 3.4 - 3.6 | 3.5 | In |
Put | 2024-05-17 PUT at $52.5 | -0.4345 | 0.0607 | 199 | 2024-05-17 | 2.1 - 2.25 | 2.25 | Out |
Put | 2024-05-17 PUT at $50.0 | -0.2806 | 0.0538 | 774 | 2024-05-17 | 1.15 - 1.3 | 1.16 | Out |
Put | 2024-05-17 PUT at $47.5 | -0.1701 | 0.0376 | 55 | 2024-05-17 | 0.6 - 0.7 | 1.0 | Out |
Put | 2024-05-17 PUT at $45.0 | -0.0973 | 0.0238 | 128 | 2024-05-17 | 0.3 - 0.4 | 0.45 | Out |
Put | 2024-05-17 PUT at $42.5 | -0.0563 | 0.0144 | 21 | 2024-05-17 | 0.1 - 0.3 | 0.35 | Out |
Put | 2024-05-17 PUT at $40.0 | -0.0389 | 0.0094 | 30 | 2024-05-17 | 0.05 - 0.15 | 0.15 | Out |
Put | 2024-05-17 PUT at $27.5 | -0.0087 | 0.0015 | 26 | 2024-05-17 | 0.0 - 0.05 | 0.05 | Out |
Axos Financial 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 |
Axos Financial 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 |
Axos Total Stockholder Equity
Total Stockholder Equity |
|
Be your own money manager
Our tools can tell you how much better you can do entering a position in Axos Financial 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 Stock Screener Now
Stock ScreenerFind equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |
| All Next | Launch Module |
Axos Financial Corporate Directors
Axos Financial corporate directors refer to members of an Axos Financial board of directors. The board of directors generally takes responsibility for the Axos Financial's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Axos Financial's board members must vote for the resolution. The Axos Financial board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| John Burke | Independent Director | Profile | |
| James Argalas | Independent Director | Profile | |
| Edward Ratinoff | Independent Director | Profile | |
| Uzair Dada | Independent Director | Profile |
Already Invested in Axos Financial?
The danger of trading Axos Financial 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 Axos Financial 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 Axos Financial. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Axos Financial 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 Axos Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Axos Financial'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 Axos Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Axos Financial Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Axos Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. For more information on how to buy Axos Stock please use our How to Invest in Axos Financial guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Axos Stock analysis
When running Axos Financial's price analysis, check to measure Axos Financial'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 Axos Financial is operating at the current time. Most of Axos Financial's value examination focuses on studying past and present price action to predict the probability of Axos Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axos Financial's price. Additionally, you may evaluate how the addition of Axos Financial to your portfolios can decrease your overall portfolio volatility.
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites |
Is Axos Financial'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 Axos Financial. If investors know Axos 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 Axos Financial 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 0.941 | Earnings Share 6.74 | Revenue Per Share 15.998 | Quarterly Revenue Growth 0.096 | Return On Assets 0.0199 |
The market value of Axos Financial is measured differently than its book value, which is the value of Axos that is recorded on the company's balance sheet. Investors also form their own opinion of Axos Financial's value that differs from its market value or its book value, called intrinsic value, which is Axos Financial'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 Axos Financial's market value can be influenced by many factors that don't directly affect Axos Financial'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 Axos Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Axos Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axos Financial'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.