2025-03-21 CALL at $170.0 Option on International Business
| IBM Stock | USD 169.66 1.23 0.72% |
2025-03-21 CALL at $170.0 is a CALL option contract on International Business' common stock with a strick price of 170.0 expiring on 2025-03-21. The contract was last traded on 2024-05-28 at 14:36:07 for $14.5 and, as of today, has 296 days remaining before the expiration. The option is currently trading at a bid price of $14.7, and an ask price of $15.35. The implied volatility as of the 28th of May is 24.08.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in International Business Machines. 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 labor statistics.
International |
Call options on International Business give the investor right to buy International Stock at a specified price within a specific period. The strike price represents the predetermined price at which a call buyer can buy International Stock. Call options may be purchased for speculation or sold for income purposes, or simply combined for various spread or combination strategies. If International Business' price is above the strike price at expiry, the profit is the current International Business' stock price, minus the strike price and the premium.
Rule 16 of 2025-03-21 Option Contract
The options market is anticipating that International Business Machines will have an average daily up or down price movement of about 1.51% per day over the life of the option. With International Business trading at USD 169.66, that is roughly USD 2.55. If you think that the market is fully understating International Business' daily price movement you should consider buying International Business Machines options at that current volatility level of 24.08%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Call Option on International Business
An 'Out of The Money' option on International has a strike price that International 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 International Business' 'Out of The Money' options include buying the options if you expect a big move in International Business' 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 | 2025-03-21 CALL at $170.0 |
| Expires On | 2025-03-21 |
| Days Before Expriration | 296 |
| Last Traded On | 2024-05-28 14:36:07 |
| Contract Period | MONTHLY |
| Open Interest | 164 |
| Current Trading Volume | 5.0 |
| Strike Price | 170.0 |
| Last Traded At | 14.5 |
| Current Price Spread | 14.7 | 15.35 |
| Rule 16 Daily Up or Down | USD2.55 |
International short CALL Option Greeks
International Business' Option Greeks for the contract ending on 2025-03-21 at a strike price of 170.0 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 International Business' option greeks, its implied volatility helps estimate the risk of International Business stock implied by the prices of the options on International Business' stock.
| Delta | 0.546 | |
| Gamma | 0.0104 | |
| Theta | -0.0256 | |
| Vega | 0.5848 | |
| Rho | 0.6142 |
International long CALL Option Payoff at expiration
Buying International Business' call option is the simplest of option trades. A call option on International Stock gives investors the right (but not the obligation) to purchase International Business at the given strike price. Therefore International Business' call intrinsic value or payoff at expiration depends on where the International Stock price is relative to the call option strike price. The strike price of 170.0 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 International Business' price. Finally, at the break-even point of 185.02, the line crosses zero, and trading International becomes profitable.
Profit |
| International Business Price At Expiration |
International short CALL Option Payoff at expiration
By selling International Business' call option, the investors signals his or her bearish sentiment. A short position in a call option written on International Business will generally make money when the underlying price goes down. Therefore International Business' call intrinsic value or payoff at expiration depends on where the International Stock price is relative to the call option strike price. The strike price of 170.0 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 International Business' price. Finally, at the break-even point of 185.02, the line crosses zero, and trading International becomes disadvantageous with no downside limits.
Profit |
| International Business Price At Expiration |
International Business Available Call Options
International Business' option chain is a display of a range of information that helps investors for ways to trade options on International. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for International. It also shows strike prices and maturity days for a International Business 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 | 2024-05-31 CALL at $95.0 | 0.9583 | 0.0014 | 0 | 2024-05-31 | 72.55 - 75.9 | 0.0 | In |
Call | 2024-05-31 CALL at $100.0 | 0.9455 | 0.0017 | 0 | 2024-05-31 | 67.7 - 71.35 | 0.0 | In |
Call | 2024-05-31 CALL at $105.0 | 0.9552 | 0.0018 | 0 | 2024-05-31 | 63.05 - 65.75 | 0.0 | In |
Call | 2024-05-31 CALL at $110.0 | 0.9363 | 0.0023 | 0 | 2024-05-31 | 57.5 - 61.35 | 0.0 | In |
Call | 2024-05-31 CALL at $115.0 | 0.9309 | 0.0027 | 0 | 2024-05-31 | 52.6 - 56.35 | 0.0 | In |
Call | 2024-05-31 CALL at $120.0 | 0.9512 | 0.0027 | 0 | 2024-05-31 | 47.6 - 50.5 | 0.0 | In |
Call | 2024-05-31 CALL at $125.0 | 0.9177 | 0.0037 | 0 | 2024-05-31 | 42.75 - 46.35 | 0.0 | In |
Call | 2024-05-31 CALL at $130.0 | 0.9095 | 0.0044 | 0 | 2024-05-31 | 37.65 - 41.35 | 0.0 | In |
Call | 2024-05-31 CALL at $135.0 | 0.9224 | 0.005 | 0 | 2024-05-31 | 32.5 - 35.75 | 0.0 | In |
Call | 2024-05-31 CALL at $140.0 | 0.9729 | 0.0036 | 1 | 2024-05-31 | 29.1 - 30.6 | 30.0 | In |
Call | 2024-05-31 CALL at $145.0 | 0.873 | 0.0083 | 0 | 2024-05-31 | 22.55 - 26.35 | 0.0 | In |
Call | 2024-05-31 CALL at $146.0 | 0.8737 | 0.0087 | 0 | 2024-05-31 | 21.6 - 25.25 | 0.0 | In |
Call | 2024-05-31 CALL at $147.0 | 0.868 | 0.0092 | 0 | 2024-05-31 | 20.85 - 24.3 | 0.0 | In |
Call | 2024-05-31 CALL at $148.0 | 0.862 | 0.0097 | 0 | 2024-05-31 | 19.65 - 23.35 | 0.0 | In |
Call | 2024-05-31 CALL at $149.0 | 0.8601 | 0.0103 | 0 | 2024-05-31 | 18.75 - 22.3 | 0.0 | In |
Call | 2024-05-31 CALL at $150.0 | 0.8812 | 0.0107 | 0 | 2024-05-31 | 17.75 - 20.8 | 16.0 | In |
Call | 2024-05-31 CALL at $152.5 | 0.8902 | 0.0123 | 0 | 2024-05-31 | 15.1 - 18.75 | 18.01 | In |
Call | 2024-05-31 CALL at $155.0 | 0.9019 | 0.0142 | 2 | 2024-05-31 | 13.75 - 15.25 | 19.05 | In |
Call | 2024-05-31 CALL at $157.5 | 0.8111 | 0.0179 | 0 | 2024-05-31 | 10.3 - 13.8 | 0.0 | In |
Call | 2024-05-31 CALL at $160.0 | 0.8283 | 0.0234 | 5 | 2024-05-31 | 7.65 - 10.7 | 13.25 | In |
Call | 2024-05-31 CALL at $162.5 | 0.856 | 0.0322 | 1 | 2024-05-31 | 5.6 - 7.7 | 11.75 | In |
Call | 2024-05-31 CALL at $165.0 | 0.7823 | 0.0473 | 258 | 2024-05-31 | 4.45 - 5.9 | 5.46 | In |
Call | 2024-05-31 CALL at $167.5 | 0.7578 | 0.0986 | 163 | 2024-05-31 | 2.47 - 2.79 | 2.36 | In |
Call | 2024-05-31 CALL at $170.0 | 0.4601 | 0.1325 | 2362 | 2024-05-31 | 0.98 - 1.1 | 0.97 | Out |
Call | 2024-05-31 CALL at $172.5 | 0.1834 | 0.0863 | 567 | 2024-05-31 | 0.3 - 0.31 | 0.29 | Out |
Call | 2024-05-31 CALL at $175.0 | 0.0571 | 0.0347 | 2196 | 2024-05-31 | 0.07 - 0.11 | 0.08 | Out |
Call | 2024-05-31 CALL at $177.5 | 0.0268 | 0.0157 | 524 | 2024-05-31 | 0.03 - 0.09 | 0.04 | Out |
Call | 2024-05-31 CALL at $180.0 | 0.0129 | 0.0074 | 1253 | 2024-05-31 | 0.01 - 0.05 | 0.02 | Out |
Call | 2024-05-31 CALL at $182.5 | 0.0471 | 0.0135 | 141 | 2024-05-31 | 0.02 - 0.14 | 0.14 | Out |
Call | 2024-05-31 CALL at $185.0 | 0.0397 | 0.0104 | 228 | 2024-05-31 | 0.0 - 0.02 | 0.13 | Out |
Call | 2024-05-31 CALL at $192.5 | 0.0041 | 0.0015 | 3 | 2024-05-31 | 0.0 - 0.02 | 0.01 | Out |
Call | 2024-05-31 CALL at $195.0 | 0.0038 | 0.0013 | 210 | 2024-05-31 | 0.0 - 0.1 | 0.01 | Out |
Call | 2024-05-31 CALL at $197.5 | 0.0035 | 0.0011 | 30 | 2024-05-31 | 0.0 - 0.01 | 0.01 | Out |
Call | 2024-05-31 CALL at $200.0 | 0.0033 | 0.001 | 50 | 2024-05-31 | 0.0 - 0.05 | 0.01 | Out |
Call | 2024-05-31 CALL at $205.0 | 0.0029 | 8.0E-4 | 64 | 2024-05-31 | 0.0 - 0.1 | 0.01 | Out |
Call | 2024-05-31 CALL at $210.0 | 0.0099 | 0.0017 | 694 | 2024-05-31 | 0.0 - 0.1 | 0.05 | Out |
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Our tools can tell you how much better you can do entering a position in International Business 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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International Business Corporate Directors
International Business corporate directors refer to members of an International Business board of directors. The board of directors generally takes responsibility for the International Business' 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 International Business' board members must vote for the resolution. The International Business board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Andrew Liveris | Independent Director | Profile | |
| Alex Gorsky | Independent Director | Profile | |
| Michelle Howard | Independent Director | Profile | |
| David Farr | Independent Director | Profile |
Already Invested in International Business Machines?
The danger of trading International Business Machines 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 International Business 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 International Business. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile International Business 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 International Business is a strong investment it is important to analyze International Business' 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 International Business' future performance. For an informed investment choice regarding International 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 International Business Machines. 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 labor statistics. Note that the International Business information on this page should be used as a complementary analysis to other International Business' 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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for International Stock analysis
When running International Business' price analysis, check to measure International Business' 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 International Business is operating at the current time. Most of International Business' value examination focuses on studying past and present price action to predict the probability of International Business' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move International Business' price. Additionally, you may evaluate how the addition of International Business to your portfolios can decrease your overall portfolio volatility.
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Is International Business' 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 International Business. If investors know International 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 International Business 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 0.701 | Dividend Share 6.64 | Earnings Share 8.82 | Revenue Per Share 67.937 | Quarterly Revenue Growth 0.015 |
The market value of International Business is measured differently than its book value, which is the value of International that is recorded on the company's balance sheet. Investors also form their own opinion of International Business' value that differs from its market value or its book value, called intrinsic value, which is International Business' 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 International Business' market value can be influenced by many factors that don't directly affect International Business' 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 International Business' value and its price as these two are different measures arrived at by different means. Investors typically determine if International Business is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, International Business' 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.