2024-09-20 CALL at $60.0 Option on Fox Factory Holding
| FOXF Stock | USD 46.62 0.78 1.70% |
2024-09-20 CALL at $60.0 is a CALL option contract on Fox Factory's common stock with a strick price of 60.0 expiring on 2024-09-20. The contract was last traded on 2024-04-09 at 15:20:06 for $2.53 and, as of today, has 109 days remaining before the expiration. The option is currently trading at a bid price of $1.15, and an ask price of $4.8. The implied volatility as of the 3rd of June is 66.26.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fox Factory Holding. 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.
Fox |
Call options on Fox Factory give the investor right to buy Fox Stock at a specified price within a specific period. The strike price represents the predetermined price at which a call buyer can buy Fox Stock. Call options may be purchased for speculation or sold for income purposes, or simply combined for various spread or combination strategies. If Fox Factory's price is above the strike price at expiry, the profit is the current Fox Factory's stock price, minus the strike price and the premium.
Rule 16 of 2024-09-20 Option Contract
The options market is anticipating that Fox Factory Holding will have an average daily up or down price movement of about 4.14% per day over the life of the option. With Fox Factory trading at USD 46.62, that is roughly USD 1.93. If you think that the market is fully understating Fox Factory's daily price movement you should consider buying Fox Factory Holding options at that current volatility level of 66.26%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Call Option on Fox Factory
An 'Out of The Money' option on Fox has a strike price that Fox Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for Fox Factory's 'Out of The Money' options include buying the options if you expect a big move in Fox Factory's stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
| Call Contract Name | 2024-09-20 CALL at $60.0 |
| Expires On | 2024-09-20 |
| Days Before Expriration | 109 |
| Last Traded On | 2024-04-09 15:20:06 |
| Contract Period | MONTHLY |
| Open Interest | 30 |
| Current Trading Volume | 0.0 |
| Strike Price | 60.0 |
| Last Traded At | 2.53 |
| Current Price Spread | 1.15 | 4.8 |
| Rule 16 Daily Up or Down | USD1.93 |
Fox short CALL Option Greeks
Fox Factory's Option Greeks for the contract ending on 2024-09-20 at a strike price of 60.0 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 Fox Factory's option greeks, its implied volatility helps estimate the risk of Fox Factory stock implied by the prices of the options on Fox Factory's stock.
| Delta | 0.3219 | |
| Gamma | 0.021 | |
| Theta | -0.0293 | |
| Vega | 0.0922 | |
| Rho | 0.0366 |
Fox long CALL Option Payoff at expiration
Buying Fox Factory's call option is the simplest of option trades. A call option on Fox Stock gives investors the right (but not the obligation) to purchase Fox Factory at the given strike price. Therefore Fox Factory's call intrinsic value or payoff at expiration depends on where the Fox Stock price is relative to the call option strike price. The strike price of 60.0 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 Fox Factory's price. Finally, at the break-even point of 62.98, the line crosses zero, and trading Fox becomes profitable.
Profit |
| Fox Factory Price At Expiration |
Fox short CALL Option Payoff at expiration
By selling Fox Factory's call option, the investors signals his or her bearish sentiment. A short position in a call option written on Fox Factory will generally make money when the underlying price goes down. Therefore Fox Factory's call intrinsic value or payoff at expiration depends on where the Fox Stock price is relative to the call option strike price. The strike price of 60.0 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 Fox Factory's price. Finally, at the break-even point of 62.98, the line crosses zero, and trading Fox becomes disadvantageous with no downside limits.
Profit |
| Fox Factory Price At Expiration |
Fox Factory Holding Available Call Options
Fox Factory's option chain is a display of a range of information that helps investors for ways to trade options on Fox. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Fox. It also shows strike prices and maturity days for a Fox Factory 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 $20.0 | 0.99 | 0.0014 | 0 | 2024-06-21 | 24.5 - 29.0 | 0.0 | In |
Call | 2024-06-21 CALL at $22.5 | 0.9894 | 0.0017 | 0 | 2024-06-21 | 22.0 - 26.5 | 0.0 | In |
Call | 2024-06-21 CALL at $25.0 | 0.9889 | 0.0021 | 0 | 2024-06-21 | 19.5 - 24.0 | 0.0 | In |
Call | 2024-06-21 CALL at $30.0 | 0.988 | 0.0032 | 0 | 2024-06-21 | 14.5 - 19.0 | 0.0 | In |
Call | 2024-06-21 CALL at $35.0 | 0.9448 | 0.0124 | 0 | 2024-06-21 | 9.5 - 14.4 | 0.0 | In |
Call | 2024-06-21 CALL at $40.0 | 0.8656 | 0.0306 | 129 | 2024-06-21 | 5.0 - 9.5 | 3.2 | In |
Call | 2024-06-21 CALL at $45.0 | 0.6612 | 0.0744 | 572 | 2024-06-21 | 2.55 - 3.3 | 1.7 | In |
Call | 2024-06-21 CALL at $50.0 | 0.2503 | 0.0732 | 96 | 2024-06-21 | 0.6 - 0.95 | 0.62 | Out |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Fox Factory 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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Already Invested in Fox Factory Holding?
The danger of trading Fox Factory Holding 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 Fox Factory 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 Fox Factory. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Fox Factory Holding 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 Fox Factory Holding is a strong investment it is important to analyze Fox Factory's 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 Fox Factory's future performance. For an informed investment choice regarding Fox Stock, refer to the following important reports: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fox Factory Holding. 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. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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When running Fox Factory's price analysis, check to measure Fox Factory'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 Fox Factory is operating at the current time. Most of Fox Factory's value examination focuses on studying past and present price action to predict the probability of Fox Factory's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fox Factory's price. Additionally, you may evaluate how the addition of Fox Factory to your portfolios can decrease your overall portfolio volatility.
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Is Fox Factory'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 Fox Factory. If investors know Fox 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 Fox Factory 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 (0.92) | Earnings Share 1.79 | Revenue Per Share 33.168 | Quarterly Revenue Growth (0.17) | Return On Assets 0.0403 |
The market value of Fox Factory Holding is measured differently than its book value, which is the value of Fox that is recorded on the company's balance sheet. Investors also form their own opinion of Fox Factory's value that differs from its market value or its book value, called intrinsic value, which is Fox Factory'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 Fox Factory's market value can be influenced by many factors that don't directly affect Fox Factory'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 Fox Factory's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fox Factory is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fox Factory'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.