2024-09-20 CALL at $27.5 Option on Bank of New York
| BK Stock | USD 59.61 1.19 2.04% |
2024-09-20 CALL at $27.5 is a CALL option contract on Bank of New York's common stock with a strick price of 27.5 expiring on 2024-09-20. The contract was not traded in recent days and, as of today, has 110 days remaining before the expiration. The option is currently trading at a bid price of $30.2, and an ask price of $34.2. The implied volatility as of the 2nd of June is 66.51.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of New. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
Bank |
Call options on Bank of New York give the investor right to buy Bank Stock at a specified price within a specific period. The strike price represents the predetermined price at which a call buyer can buy Bank Stock. Call options may be purchased for speculation or sold for income purposes, or simply combined for various spread or combination strategies. If Bank of New York's price is above the strike price at expiry, the profit is the current Bank of New York's stock price, minus the strike price and the premium.
Rule 16 of 2024-09-20 Option Contract
The options market is anticipating that Bank of New will have an average daily up or down price movement of about 4.16% per day over the life of the option. With Bank of New York trading at USD 59.61, that is roughly USD 2.48. If you think that the market is fully understating Bank of New York's daily price movement you should consider buying Bank of New options at that current volatility level of 66.51%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Call Option on Bank of New York
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 Bank of New York 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 Bank 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 | 2024-09-20 CALL at $27.5 |
| Expires On | 2024-09-20 |
| Days Before Expriration | 110 |
| Last Traded On | 0000-00-00 00:00:00 |
| Contract Period | MONTHLY |
| Open Interest | 0 |
| Current Trading Volume | 0.0 |
| Strike Price | 27.5 |
| Last Traded At | 0.0 |
| Current Price Spread | 30.2 | 34.2 |
| Rule 16 Daily Up or Down | USD2.48 |
Bank short CALL Option Greeks
Bank of New York's Option Greeks for the contract ending on 2024-09-20 at a strike price of 27.5 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 Bank of New York's option greeks, its implied volatility helps estimate the risk of Bank of New York stock implied by the prices of the options on Bank of New York's stock.
| Delta | 0.986 | |
| Gamma | 0.0013 | |
| Theta | -0.0027 | |
| Vega | 0.0091 | |
| Rho | 0.0448 |
Bank long CALL Option Payoff at expiration
Buying Bank of New York's call option is the simplest of option trades. A call option on Bank Stock gives investors the right (but not the obligation) to purchase Bank of New York at the given strike price. Therefore Bank of New York's call intrinsic value or payoff at expiration depends on where the Bank Stock price is relative to the call option strike price. The strike price of 27.5 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 Bank of New York's price. Finally, at the break-even point of 59.7, the line crosses zero, and trading Bank becomes profitable.
Profit |
| Bank of New York Price At Expiration |
Bank short CALL Option Payoff at expiration
By selling Bank of New York's call option, the investors signals his or her bearish sentiment. A short position in a call option written on Bank of New York will generally make money when the underlying price goes down. Therefore Bank of New York's call intrinsic value or payoff at expiration depends on where the Bank Stock price is relative to the call option strike price. The strike price of 27.5 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 Bank of New York's price. Finally, at the break-even point of 59.7, the line crosses zero, and trading Bank becomes disadvantageous with no downside limits.
Profit |
| Bank of New York Price At Expiration |
Bank of New York Available Call Options
Bank of New York's option chain is a display of a range of information that helps investors for ways to trade options on Bank. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Bank. It also shows strike prices and maturity days for a Bank of New York 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 $22.5 | 0.9416 | 0.0023 | 0 | 2024-06-21 | 35.1 - 38.9 | 0.0 | In |
Call | 2024-06-21 CALL at $25.0 | 0.9401 | 0.0027 | 0 | 2024-06-21 | 32.8 - 36.1 | 0.0 | In |
Call | 2024-06-21 CALL at $27.5 | 0.9461 | 0.0031 | 0 | 2024-06-21 | 30.0 - 33.1 | 0.0 | In |
Call | 2024-06-21 CALL at $30.0 | 0.9404 | 0.0037 | 0 | 2024-06-21 | 27.8 - 30.6 | 27.8 | In |
Call | 2024-06-21 CALL at $32.5 | 0.9109 | 0.0047 | 0 | 2024-06-21 | 25.0 - 28.9 | 0.0 | In |
Call | 2024-06-21 CALL at $35.0 | 0.904 | 0.0056 | 0 | 2024-06-21 | 22.8 - 26.3 | 20.98 | In |
Call | 2024-06-21 CALL at $37.5 | 0.8937 | 0.0067 | 0 | 2024-06-21 | 20.1 - 23.8 | 10.8 | In |
Call | 2024-06-21 CALL at $40.0 | 0.9124 | 0.0079 | 136 | 2024-06-21 | 19.3 - 21.8 | 18.9 | In |
Call | 2024-06-21 CALL at $42.5 | 0.8889 | 0.0099 | 154 | 2024-06-21 | 15.1 - 18.3 | 15.1 | In |
Call | 2024-06-21 CALL at $45.0 | 0.9714 | 0.0069 | 978 | 2024-06-21 | 14.5 - 15.0 | 14.23 | In |
Call | 2024-06-21 CALL at $47.5 | 0.8853 | 0.0156 | 943 | 2024-06-21 | 11.6 - 14.2 | 11.5 | In |
Call | 2024-06-21 CALL at $50.0 | 0.9134 | 0.0192 | 359 | 2024-06-21 | 8.8 - 10.0 | 9.34 | In |
Call | 2024-06-21 CALL at $52.5 | 0.9789 | 0.0126 | 704 | 2024-06-21 | 6.9 - 7.5 | 5.6 | In |
Call | 2024-06-21 CALL at $55.0 | 0.9765 | 0.0214 | 2279 | 2024-06-21 | 4.6 - 5.1 | 4.7 | In |
Call | 2024-06-21 CALL at $57.5 | 0.6917 | 0.0728 | 769 | 2024-06-21 | 2.45 - 3.9 | 2.02 | In |
Call | 2024-06-21 CALL at $60.0 | 0.4525 | 0.1766 | 2680 | 2024-06-21 | 0.75 - 0.95 | 0.75 | Out |
Call | 2024-06-21 CALL at $62.5 | 0.1285 | 0.0882 | 475 | 2024-06-21 | 0.1 - 0.25 | 0.15 | Out |
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Our tools can tell you how much better you can do entering a position in Bank of New York 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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Bank of New York Corporate Directors
Bank of New York corporate directors refer to members of a Bank of New York board of directors. The board of directors generally takes responsibility for the Bank of New York'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 Bank of New York's board members must vote for the resolution. The Bank of New York board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Samuel Scott | Independent Director | Profile | |
| Jennifer Morgan | Independent Director | Profile | |
| Elizabeth Robinson | Independent Director | Profile | |
| Edmund Kelly | Independent Director | Profile |
Already Invested in Bank of New?
The danger of trading Bank of New 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 Bank of New York 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 Bank of New York. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Bank of New York 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 Bank of New York is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Bank Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Bank Of New Stock. Highlighted below are key reports to facilitate an investment decision about Bank Of New Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of New. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Bank Stock analysis
When running Bank of New York's price analysis, check to measure Bank of New York'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 Bank of New York is operating at the current time. Most of Bank of New York's value examination focuses on studying past and present price action to predict the probability of Bank of New York's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of New York's price. Additionally, you may evaluate how the addition of Bank of New York to your portfolios can decrease your overall portfolio volatility.
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Is Bank of New York'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 Bank of New York. If investors know Bank 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 Bank of New York 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 0.106 | Dividend Share 1.63 | Earnings Share 3.99 | Revenue Per Share 22.648 | Quarterly Revenue Growth 0.026 |
The market value of Bank of New York is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of New York's value that differs from its market value or its book value, called intrinsic value, which is Bank of New York'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 Bank of New York's market value can be influenced by many factors that don't directly affect Bank of New York'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 Bank of New York's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of New York is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of New York'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.