2025-01-17 CALL at $1.0 Option on Hecla Mining
| HL Stock | USD 5.95 0.23 3.72% |
2025-01-17 CALL at $1.0 is a CALL option contract on Hecla Mining's common stock with a strick price of 1.0 expiring on 2025-01-17. The contract was last traded on 2024-03-28 at 15:37:00 for $3.85 and, as of today, has 239 days remaining before the expiration. The option is currently trading at a bid price of $4.55, and an ask price of $5.55. The implied volatility as of the 23rd of May is 152.01.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hecla Mining. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Hecla Stock please use our How to buy in Hecla Stock guide.
Hecla |
Call options on Hecla Mining give the investor right to buy Hecla Stock at a specified price within a specific period. The strike price represents the predetermined price at which a call buyer can buy Hecla Stock. Call options may be purchased for speculation or sold for income purposes, or simply combined for various spread or combination strategies. If Hecla Mining's price is above the strike price at expiry, the profit is the current Hecla Mining's stock price, minus the strike price and the premium.
Rule 16 of 2025-01-17 Option Contract
The options market is anticipating that Hecla Mining will have an average daily up or down price movement of about 9.5% per day over the life of the option. With Hecla Mining trading at USD 5.95, that is roughly USD 0.57. If you think that the market is fully understating Hecla Mining's daily price movement you should consider buying Hecla Mining options at that current volatility level of 152.01%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Call Option on Hecla Mining
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 Hecla Mining 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 Hecla 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 | 2025-01-17 CALL at $1.0 |
| Expires On | 2025-01-17 |
| Days Before Expriration | 239 |
| Last Traded On | 2024-03-28 15:37:00 |
| Contract Period | MONTHLY |
| Open Interest | 19 |
| Current Trading Volume | 0.0 |
| Strike Price | 1.0 |
| Last Traded At | 3.85 |
| Current Price Spread | 4.55 | 5.55 |
| Rule 16 Daily Up or Down | USD0.57 |
Hecla short CALL Option Greeks
Hecla Mining's Option Greeks for the contract ending on 2025-01-17 at a strike price of 1.0 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 Hecla Mining's option greeks, its implied volatility helps estimate the risk of Hecla Mining stock implied by the prices of the options on Hecla Mining's stock.
| Delta | 0.9797 | |
| Gamma | 0.0062 | |
| Theta | -7.0E-4 | |
| Vega | 0.0022 | |
| Rho | 0.0048 |
Hecla long CALL Option Payoff at expiration
Buying Hecla Mining's call option is the simplest of option trades. A call option on Hecla Stock gives investors the right (but not the obligation) to purchase Hecla Mining at the given strike price. Therefore Hecla Mining's call intrinsic value or payoff at expiration depends on where the Hecla Stock price is relative to the call option strike price. The strike price of 1.0 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 Hecla Mining's price. Finally, at the break-even point of 6.05, the line crosses zero, and trading Hecla becomes profitable.
Profit |
| Hecla Mining Price At Expiration |
Hecla short CALL Option Payoff at expiration
By selling Hecla Mining's call option, the investors signals his or her bearish sentiment. A short position in a call option written on Hecla Mining will generally make money when the underlying price goes down. Therefore Hecla Mining's call intrinsic value or payoff at expiration depends on where the Hecla Stock price is relative to the call option strike price. The strike price of 1.0 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 Hecla Mining's price. Finally, at the break-even point of 6.05, the line crosses zero, and trading Hecla becomes disadvantageous with no downside limits.
Profit |
| Hecla Mining Price At Expiration |
Hecla Mining Available Call Options
Hecla Mining's option chain is a display of a range of information that helps investors for ways to trade options on Hecla. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Hecla. It also shows strike prices and maturity days for a Hecla Mining 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 | 2024-05-24 CALL at $3.0 | 0.9021 | 0.0391 | 0 | 2024-05-24 | 2.58 - 3.9 | 0.0 | In |
Call | 2024-05-24 CALL at $4.5 | 0.7732 | 0.0727 | 23 | 2024-05-24 | 0.91 - 3.6 | 1.56 | In |
Call | 2024-05-24 CALL at $5.0 | 0.8984 | 0.2056 | 260 | 2024-05-24 | 0.87 - 1.12 | 1.33 | In |
Call | 2024-05-24 CALL at $5.5 | 0.829 | 0.4913 | 1784 | 2024-05-24 | 0.43 - 0.5 | 0.45 | In |
Call | 2024-05-24 CALL at $6.0 | 0.4403 | 1.3997 | 2674 | 2024-05-24 | 0.08 - 0.1 | 0.09 | Out |
Call | 2024-05-24 CALL at $6.5 | 0.1053 | 0.4461 | 1084 | 2024-05-24 | 0.02 - 0.03 | 0.02 | Out |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Hecla Mining 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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Hecla Mining Corporate Directors
Hecla Mining corporate directors refer to members of a Hecla Mining board of directors. The board of directors generally takes responsibility for the Hecla Mining'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 Hecla Mining's board members must vote for the resolution. The Hecla Mining board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Stephen Ralbovsky | Independent Director | Profile | |
| George Johnson | Independent Director | Profile | |
| Catherine Boggs | Independent Director | Profile | |
| Charles Stanley | Independent Director | Profile |
Already Invested in Hecla Mining?
The danger of trading Hecla Mining 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 Hecla Mining 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 Hecla Mining. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Hecla Mining 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 Hecla Mining is a strong investment it is important to analyze Hecla Mining'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 Hecla Mining's future performance. For an informed investment choice regarding Hecla Stock, refer to the following important reports: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hecla Mining. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Hecla Stock please use our How to buy in Hecla Stock guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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When running Hecla Mining's price analysis, check to measure Hecla Mining'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 Hecla Mining is operating at the current time. Most of Hecla Mining's value examination focuses on studying past and present price action to predict the probability of Hecla Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hecla Mining's price. Additionally, you may evaluate how the addition of Hecla Mining to your portfolios can decrease your overall portfolio volatility.
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Is Hecla Mining'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 Hecla Mining. If investors know Hecla 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 Hecla Mining 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 (0.81) | Dividend Share 0.025 | Earnings Share (0.14) | Revenue Per Share 1.165 | Quarterly Revenue Growth (0.05) |
The market value of Hecla Mining is measured differently than its book value, which is the value of Hecla that is recorded on the company's balance sheet. Investors also form their own opinion of Hecla Mining's value that differs from its market value or its book value, called intrinsic value, which is Hecla Mining'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 Hecla Mining's market value can be influenced by many factors that don't directly affect Hecla Mining'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 Hecla Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hecla Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hecla Mining'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.