CTAS240419P00650000 Option on Cintas

CTAS Stock  USD 662.29  1.30  0.20%   
Cintas' option chain provides insight into all available option contracts written on Cintas' stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Cintas' 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 Cintas option contract.

In The Money vs. Out of Money Option Contracts on Cintas

Analyzing Cintas' in-the-money options over time can help investors to take a profitable long position in Cintas regardless of its overall volatility. This is especially true when Cintas' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Cintas' options could be used as guardians of the underlying stock as they move almost dollar for dollar with Cintas' stock while costing only a fraction of its price.
Cintas' latest option contracts expiring on 2024-05-17 are carrying combined implied volatility of 18.71 with a put-to-call open interest ratio of 0.78 over 126 outstanding agreements suggesting investors are buying slightly more calls than puts on contracts expiring on 2024-05-17. The current put volume is at 129, with calls trading at the volume of 55. This yields a 2.35 put-to-call volume ratio. The Cintas option chain provides detailed quote and price information for the current Cintas option contracts. It shows all of Cintas' listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2024-05-17 Option Contracts

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

Cintas 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 Cintas 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.
Cintas' stock options are financial instruments that give investors the right to buy or sell shares of Cintas common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Cintas stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Cintas' 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 Cintas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Cintas Stock please use our How to Invest in Cintas guide.
Please note that buying 'in-the-money' options on Cintas lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Cintas' 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 Cintas 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 Cintas Stock moves the wrong way.
At this time, Cintas' Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 110.4 M in 2024, despite the fact that Treasury Stock is likely to grow to (6.2 B).

Cintas In The Money Call Balance

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

Cintas Current Options Market Mood

Cintas' 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 Cintas 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 Cintas' calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Cintas' 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 Cintas' 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 Cintas contract

Base on the Rule 16, the options market is currently suggesting that Cintas will have an average daily up or down price movement of about 1.17% per day over the life of the 2024-05-17 option contract. With Cintas trading at USD 662.29, that is roughly USD 7.74. If you think that the market is fully incorporating Cintas' daily price movement you should consider buying Cintas options at the current volatility level of 18.71%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Cintas 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" Cintas calls. Remember, the seller must deliver Cintas stock to the call owner when a call is exercised.

Cintas Option Chain

When Cintas' strike price is surpassing the current stock price, the option contract against Cintas 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.
Cintas' option chain is a display of a range of information that helps investors for ways to trade options on Cintas. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Cintas. It also shows strike prices and maturity days for a Cintas 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
2024-05-17 CALL at $240.00.99620.002024-05-17418.0 - 427.80.0In
Call
2024-05-17 CALL at $250.00.99670.002024-05-17408.0 - 417.70.0In
Call
2024-05-17 CALL at $260.00.99680.002024-05-17398.0 - 407.70.0In
Call
2024-05-17 CALL at $270.00.99860.002024-05-17388.0 - 397.40.0In
Call
2024-05-17 CALL at $280.00.99590.002024-05-17378.0 - 387.90.0In
Call
2024-05-17 CALL at $290.00.9961.0E-402024-05-17368.0 - 377.90.0In
Call
2024-05-17 CALL at $300.00.99611.0E-402024-05-17358.0 - 367.90.0In
Call
2024-05-17 CALL at $310.00.99621.0E-402024-05-17348.0 - 357.90.0In
Call
2024-05-17 CALL at $320.00.99770.002024-05-17338.0 - 347.70.0In
Call
2024-05-17 CALL at $330.00.99790.012024-05-17328.0 - 337.7174.5In
Call
2024-05-17 CALL at $340.00.99661.0E-402024-05-17318.0 - 327.90.0In
Call
2024-05-17 CALL at $350.00.99681.0E-402024-05-17308.0 - 317.90.0In
Call
2024-05-17 CALL at $360.00.96093.0E-402024-05-17298.0 - 307.50.0In
Call
2024-05-17 CALL at $370.00.99721.0E-402024-05-17288.0 - 297.90.0In
Call
2024-05-17 CALL at $380.00.99860.002024-05-17278.0 - 287.80.0In
Call
2024-05-17 CALL at $390.00.9574.0E-402024-05-17268.0 - 277.40.0In
Call
2024-05-17 CALL at $400.00.9564.0E-412024-05-17258.0 - 267.3134.4In
Call
2024-05-17 CALL at $410.00.95644.0E-402024-05-17248.0 - 257.00.0In
Call
2024-05-17 CALL at $420.00.95475.0E-402024-05-17238.0 - 247.00.0In
Call
2024-05-17 CALL at $430.00.955.0E-402024-05-17228.0 - 237.40.0In
Call
2024-05-17 CALL at $440.00.94956.0E-402024-05-17218.0 - 227.20.0In
Call
2024-05-17 CALL at $450.00.94146.0E-412024-05-17208.0 - 218.0100.85In
Call
2024-05-17 CALL at $460.00.9467.0E-402024-05-17198.0 - 207.10.0In
Call
2024-05-17 CALL at $470.00.94377.0E-452024-05-17188.0 - 197.179.27In
Call
2024-05-17 CALL at $480.00.93598.0E-402024-05-17178.0 - 187.70.0In
Call
2024-05-17 CALL at $490.00.94768.0E-452024-05-17168.5 - 176.2183.9In
Call
2024-05-17 CALL at $500.00.94519.0E-402024-05-17158.5 - 166.20.0In
Call
2024-05-17 CALL at $510.00.93330.00152024-05-17148.6 - 157.0157.55In
Call
2024-05-17 CALL at $520.00.93810.001132024-05-17138.6 - 146.395.66In
Call
2024-05-17 CALL at $530.00.92960.0013192024-05-17128.6 - 136.762.0In
Call
2024-05-17 CALL at $540.00.98775.0E-4262024-05-17119.9 - 127.074.76In
Call
2024-05-17 CALL at $550.00.91170.001602024-05-17108.7 - 117.40.0In
Call
2024-05-17 CALL at $560.00.97839.0E-462024-05-1798.8 - 106.5103.69In
Call
2024-05-17 CALL at $570.00.96810.0013232024-05-1790.4 - 97.595.8In
Call
2024-05-17 CALL at $580.00.9810.0011232024-05-1779.3 - 87.483.57In
Call
2024-05-17 CALL at $590.00.99375.0E-4822024-05-1769.3 - 77.435.56In
Call
2024-05-17 CALL at $600.00.86790.0034492024-05-1760.7 - 67.662.34In
Call
2024-05-17 CALL at $610.00.99645.0E-4342024-05-1749.0 - 57.759.4In
Call
2024-05-17 CALL at $620.00.97230.0027242024-05-1740.3 - 46.946.0In
Call
2024-05-17 CALL at $630.00.93660.0055772024-05-1730.8 - 37.233.0In
Call
2024-05-17 CALL at $640.00.78220.0093462024-05-1722.2 - 27.422.25In
Call
2024-05-17 CALL at $650.00.74750.0153272024-05-1714.1 - 19.123.51In
Call
2024-05-17 CALL at $660.00.57140.01881692024-05-179.7 - 10.611.0In
Call
2024-05-17 CALL at $670.00.38490.0181772024-05-174.9 - 5.85.6Out
Call
2024-05-17 CALL at $680.00.21490.01446212024-05-172.2 - 2.852.45Out
Call
2024-05-17 CALL at $690.00.11190.009802024-05-170.75 - 1.851.13Out
Call
2024-05-17 CALL at $700.00.05590.00514462024-05-170.35 - 1.40.52Out
Call
2024-05-17 CALL at $710.00.04810.0037142024-05-170.1 - 0.950.63Out
 Put
2024-05-17 PUT at $520.0-0.02196.0E-4122024-05-170.1 - 1.30.15Out
 Put
2024-05-17 PUT at $530.0-0.01155.0E-4382024-05-170.2 - 0.350.34Out
 Put
2024-05-17 PUT at $540.0-0.05720.0013502024-05-170.15 - 4.50.29Out
 Put
2024-05-17 PUT at $550.0-0.04520.0013342024-05-170.05 - 2.90.43Out
 Put
2024-05-17 PUT at $560.0-0.04870.0014332024-05-170.05 - 2.90.89Out
 Put
2024-05-17 PUT at $570.0-0.05390.0017392024-05-170.05 - 3.00.82Out
 Put
2024-05-17 PUT at $580.0-0.05940.0021142024-05-170.1 - 3.00.8Out
 Put
2024-05-17 PUT at $590.0-0.06920.0025782024-05-170.3 - 3.10.46Out
 Put
2024-05-17 PUT at $600.0-0.02870.0018512024-05-170.15 - 0.650.85Out
 Put
2024-05-17 PUT at $610.0-0.03570.0025292024-05-170.2 - 0.70.31Out
 Put
2024-05-17 PUT at $620.0-0.05650.004392024-05-170.4 - 0.90.7Out
 Put
2024-05-17 PUT at $630.0-0.09030.00631392024-05-170.95 - 1.41.1Out
 Put
2024-05-17 PUT at $640.0-0.15070.0101442024-05-171.85 - 2.351.85Out
 Put
2024-05-17 PUT at $650.0-0.27640.01451042024-05-173.6 - 4.34.02Out
 Put
2024-05-17 PUT at $660.0-0.43790.0175682024-05-176.9 - 7.77.52Out
 Put
2024-05-17 PUT at $670.0-0.61580.01731232024-05-1712.2 - 13.212.8In
 Put
2024-05-17 PUT at $680.0-0.7590.0163552024-05-1718.0 - 22.220.35In
 Put
2024-05-17 PUT at $690.0-0.83070.0093132024-05-1725.8 - 31.829.51In
 Put
2024-05-17 PUT at $700.0-0.91850.006522024-05-1735.2 - 41.326.9In
 Put
2024-05-17 PUT at $710.0-0.8970.005102024-05-1745.0 - 52.80.0In
 Put
2024-05-17 PUT at $720.0-0.91370.015802024-05-1754.9 - 62.634.3In
 Put
2024-05-17 PUT at $730.0-0.92790.003202024-05-1764.7 - 72.50.0In
 Put
2024-05-17 PUT at $740.0-0.93530.002702024-05-1774.7 - 82.40.0In
 Put
2024-05-17 PUT at $750.0-0.96030.001802024-05-1783.7 - 92.585.56In
 Put
2024-05-17 PUT at $760.0-0.94930.001902024-05-1794.6 - 102.290.78In
 Put
2024-05-17 PUT at $770.0-0.89820.002402024-05-17104.8 - 110.50.0In
 Put
2024-05-17 PUT at $780.0-0.97540.00102024-05-17113.6 - 122.30.0In
 Put
2024-05-17 PUT at $790.0-0.90690.00202024-05-17123.7 - 130.50.0In
 Put
2024-05-17 PUT at $800.0-0.96270.001202024-05-17134.5 - 142.10.0In
 Put
2024-05-17 PUT at $810.0-0.96580.001102024-05-17144.5 - 152.0145.56In
 Put
2024-05-17 PUT at $850.0-0.97340.002602024-05-17184.5 - 191.80.0In
 Put
2024-05-17 PUT at $900.0-0.9220.001102024-05-17233.7 - 241.30.0In
 Put
2024-05-17 PUT at $950.0-0.92119.0E-402024-05-17282.6 - 292.00.0In
 Put
2024-05-17 PUT at $1000.0-0.92658.0E-402024-05-17332.5 - 342.0335.56In
 Put
2024-05-17 PUT at $1050.0-0.93087.0E-402024-05-17382.8 - 392.00.0In

Cintas 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  

Cintas 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  

Cintas Total Stockholder Equity

Total Stockholder Equity

4.67 Billion

At this time, Cintas' Total Stockholder Equity is comparatively stable compared to the past year.

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Our tools can tell you how much better you can do entering a position in Cintas 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.

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Cintas Corporate Directors

Cintas corporate directors refer to members of a Cintas board of directors. The board of directors generally takes responsibility for the Cintas' 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 Cintas' board members must vote for the resolution. The Cintas board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Ronald TysoeIndependent DirectorProfile
James JohnsonIndependent DirectorProfile
Joseph ScaminaceLead Independent DirectorProfile
Gerald AdolphIndependent DirectorProfile

Already Invested in Cintas?

The danger of trading Cintas 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 Cintas 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 Cintas. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Cintas 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 Cintas is a strong investment it is important to analyze Cintas' 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 Cintas' future performance. For an informed investment choice regarding Cintas Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cintas. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Cintas Stock please use our How to Invest in Cintas guide.
Note that the Cintas information on this page should be used as a complementary analysis to other Cintas' 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 the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running Cintas' price analysis, check to measure Cintas' 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 Cintas is operating at the current time. Most of Cintas' value examination focuses on studying past and present price action to predict the probability of Cintas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cintas' price. Additionally, you may evaluate how the addition of Cintas to your portfolios can decrease your overall portfolio volatility.
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Is Cintas' 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 Cintas. If investors know Cintas 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 Cintas 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
0.223
Dividend Share
5.2
Earnings Share
14.47
Revenue Per Share
92.516
Quarterly Revenue Growth
0.099
The market value of Cintas is measured differently than its book value, which is the value of Cintas that is recorded on the company's balance sheet. Investors also form their own opinion of Cintas' value that differs from its market value or its book value, called intrinsic value, which is Cintas' 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 Cintas' market value can be influenced by many factors that don't directly affect Cintas' 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 Cintas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cintas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cintas' 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.