2025-01-17 PUT at $4.0 Option on Hecla Mining
| HL Stock | USD 5.95 0.23 3.72% |
2025-01-17 PUT at $4.0 is a PUT option contract on Hecla Mining's common stock with a strick price of 4.0 expiring on 2025-01-17. The contract was last traded on 2024-05-22 at 11:58:18 for $0.16 and, as of today, has 239 days remaining before the expiration. The option is currently trading at a bid price of $0.15, and an ask price of $0.18. The implied volatility as of the 22nd of May is 51.86.
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 |
A put option written on Hecla Mining becomes more valuable as the price of Hecla Mining drops. Conversely, Hecla Mining's put option loses its value as Hecla Stock rises. When exercised, put options on Hecla Mining produce a short position in Hecla Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Hecla Mining's downside price movement.
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 3.24% per day over the life of the option. With Hecla Mining trading at USD 5.95, that is roughly USD 0.19. 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 51.86%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Put Option on Hecla Mining
An 'Out of The Money' option on Hecla has a strike price that Hecla 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 Hecla Mining's 'Out of The Money' options include buying the options if you expect a big move in Hecla Mining'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.
| Put Contract Name | 2025-01-17 PUT at $4.0 |
| Expires On | 2025-01-17 |
| Days Before Expriration | 239 |
| Last Traded On | 2024-05-22 11:58:18 |
| Contract Period | MONTHLY |
| Open Interest | 1009 |
| Current Trading Volume | 21.0 |
| Strike Price | 4.0 |
| Last Traded At | 0.16 |
| Current Price Spread | 0.15 | 0.18 |
| Rule 16 Daily Up or Down | USD0.19 |
Hecla short PUT Option Greeks
Hecla Mining's Option Greeks for the contract ending on 2025-01-17 at a strike price of 4.0 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 | -0.1103 | |
| Gamma | 0.0759 | |
| Theta | -9.0E-4 | |
| Vega | 0.0091 | |
| Rho | -0.0047 |
Hecla long PUT Option Payoff at expiration
Put options written on Hecla Mining grant holders of the option the right to sell a specified amount of Hecla Mining at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Hecla Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Hecla Mining is like buying insurance aginst Hecla Mining's downside shift.
Profit |
| Hecla Mining Price At Expiration |
Hecla short PUT Option Payoff at expiration
By selling Hecla Mining's put option, the investors signal their bearish sentiment. A short position in a put option written on Hecla Mining will generally make money when the underlying price is above the strike price. Therefore Hecla Mining's put payoff at expiration depends on where the Hecla Stock price is relative to the put option strike price. The breakeven price of 3.84 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Hecla Mining's price. Finally, at the strike price of 4.0, the payoff chart is constant and positive.
Profit |
| Hecla Mining Price At Expiration |
Hecla Mining Available Put 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 | |||
Put | 2024-05-24 PUT at $6.0 | -0.5594 | 1.3912 | 548 | 2024-05-24 | 0.12 - 0.14 | 0.14 | In |
Put | 2024-05-24 PUT at $6.5 | -0.7115 | 0.4082 | 49 | 2024-05-24 | 0.12 - 0.69 | 0.52 | In |
Put | 2024-05-24 PUT at $7.0 | -0.5353 | 0.1368 | 15 | 2024-05-24 | 0.78 - 2.9 | 0.83 | In |
Put | 2024-05-24 PUT at $7.5 | -0.5386 | 0.1131 | 1 | 2024-05-24 | 1.35 - 3.55 | 1.37 | In |
Put | 2024-05-24 PUT at $8.0 | -0.5674 | 0.1069 | 0 | 2024-05-24 | 1.75 - 4.05 | 0.0 | In |
Put | 2024-05-24 PUT at $8.5 | -0.6091 | 0.1055 | 0 | 2024-05-24 | 2.02 - 4.55 | 0.0 | In |
Put | 2024-05-24 PUT at $9.0 | -0.5992 | 0.0938 | 0 | 2024-05-24 | 2.76 - 5.0 | 0.0 | In |
Put | 2024-05-24 PUT at $9.5 | -0.6049 | 0.0878 | 0 | 2024-05-24 | 3.25 - 5.55 | 0.0 | In |
Put | 2024-05-24 PUT at $10.0 | -0.6137 | 0.0835 | 0 | 2024-05-24 | 3.75 - 6.05 | 0.0 | In |
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?
Run AI Portfolio Architect Now
AI Portfolio ArchitectUse AI to generate optimal portfolios and find profitable investment opportunities |
| All Next | Launch Module |
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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Hecla Stock analysis
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.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance |
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.