2024-06-21 CALL at $102.0 Option on Invesco SP 500
| SPGP Etf | USD 103.85 1.39 1.36% |
2024-06-21 CALL at $102.0 is a CALL option contract on Invesco SP's common stock with a strick price of 102.0 expiring on 2024-06-21. The contract was last traded on 2024-03-27 at 14:18:41 for $5.4 and, as of today, has 19 days remaining before the expiration. The option is currently trading at a bid price of $1.4, and an ask price of $3.8. The implied volatility as of the 2nd of June is 12.18.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Invesco SP 500. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Invesco |
Call options on Invesco SP give the investor right to buy Invesco Etf at a specified price within a specific period. The strike price represents the predetermined price at which a call buyer can buy Invesco Etf. Call options may be purchased for speculation or sold for income purposes, or simply combined for various spread or combination strategies. If Invesco SP's price is above the strike price at expiry, the profit is the current Invesco SP's stock price, minus the strike price and the premium.
Rule 16 of 2024-06-21 Option Contract
The options market is anticipating that Invesco SP 500 will have an average daily up or down price movement of about 0.76% per day over the life of the option. With Invesco SP trading at USD 103.85, that is roughly USD 0.79. If you think that the market is fully understating Invesco SP's daily price movement you should consider buying Invesco SP 500 options at that current volatility level of 12.18%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Call Option on Invesco SP
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 Invesco SP 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 Invesco Etf 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 | 2024-06-21 CALL at $102.0 |
| Expires On | 2024-06-21 |
| Days Before Expriration | 19 |
| Last Traded On | 2024-03-27 14:18:41 |
| Contract Period | MONTHLY |
| Open Interest | 0 |
| Current Trading Volume | 0.0 |
| Strike Price | 102.0 |
| Last Traded At | 5.4 |
| Current Price Spread | 1.4 | 3.8 |
| Rule 16 Daily Up or Down | USD0.79 |
Invesco short CALL Option Greeks
Invesco SP's Option Greeks for the contract ending on 2024-06-21 at a strike price of 102.0 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 Invesco SP's option greeks, its implied volatility helps estimate the risk of Invesco SP stock implied by the prices of the options on Invesco SP's stock.
| Delta | 0.7294 | |
| Gamma | 0.0964 | |
| Theta | -0.0317 | |
| Vega | 0.0933 | |
| Rho | 0.054 |
Invesco long CALL Option Payoff at expiration
Buying Invesco SP's call option is the simplest of option trades. A call option on Invesco Etf gives investors the right (but not the obligation) to purchase Invesco SP at the given strike price. Therefore Invesco SP's call intrinsic value or payoff at expiration depends on where the Invesco Etf price is relative to the call option strike price. The strike price of 102.0 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 Invesco SP's price. Finally, at the break-even point of 104.6, the line crosses zero, and trading Invesco becomes profitable.
Profit |
| Invesco SP Price At Expiration |
Invesco short CALL Option Payoff at expiration
By selling Invesco SP's call option, the investors signals his or her bearish sentiment. A short position in a call option written on Invesco SP will generally make money when the underlying price goes down. Therefore Invesco SP's call intrinsic value or payoff at expiration depends on where the Invesco Etf price is relative to the call option strike price. The strike price of 102.0 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 Invesco SP's price. Finally, at the break-even point of 104.6, the line crosses zero, and trading Invesco becomes disadvantageous with no downside limits.
Profit |
| Invesco SP Price At Expiration |
Invesco SP 500 Available Call Options
Invesco SP's option chain is a display of a range of information that helps investors for ways to trade options on Invesco. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Invesco. It also shows strike prices and maturity days for a Invesco SP 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 $81.0 | 0.9042 | 0.0079 | 1 | 2024-06-21 | 21.4 - 24.0 | 22.8 | In |
Call | 2024-06-21 CALL at $82.0 | 0.896 | 0.0085 | 0 | 2024-06-21 | 20.5 - 23.1 | 0.0 | In |
Call | 2024-06-21 CALL at $83.0 | 0.8926 | 0.009 | 0 | 2024-06-21 | 19.5 - 22.1 | 0.0 | In |
Call | 2024-06-21 CALL at $84.0 | 0.889 | 0.0096 | 0 | 2024-06-21 | 18.5 - 21.1 | 0.0 | In |
Call | 2024-06-21 CALL at $85.0 | 0.8851 | 0.0103 | 0 | 2024-06-21 | 17.5 - 20.1 | 12.5 | In |
Call | 2024-06-21 CALL at $86.0 | 0.8809 | 0.011 | 0 | 2024-06-21 | 16.5 - 19.1 | 0.0 | In |
Call | 2024-06-21 CALL at $87.0 | 0.8764 | 0.0118 | 0 | 2024-06-21 | 15.5 - 18.1 | 0.0 | In |
Call | 2024-06-21 CALL at $88.0 | 0.8715 | 0.0128 | 0 | 2024-06-21 | 14.6 - 17.1 | 0.0 | In |
Call | 2024-06-21 CALL at $89.0 | 0.8662 | 0.0138 | 1 | 2024-06-21 | 13.6 - 16.1 | 14.8 | In |
Call | 2024-06-21 CALL at $90.0 | 0.8605 | 0.015 | 0 | 2024-06-21 | 12.6 - 15.1 | 0.0 | In |
Call | 2024-06-21 CALL at $91.0 | 0.8542 | 0.0163 | 0 | 2024-06-21 | 11.6 - 14.1 | 0.0 | In |
Call | 2024-06-21 CALL at $92.0 | 0.8407 | 0.0177 | 0 | 2024-06-21 | 10.6 - 13.2 | 0.0 | In |
Call | 2024-06-21 CALL at $93.0 | 0.8327 | 0.0195 | 3 | 2024-06-21 | 9.7 - 12.2 | 3.9 | In |
Call | 2024-06-21 CALL at $94.0 | 0.8238 | 0.0215 | 1 | 2024-06-21 | 8.7 - 11.2 | 11.44 | In |
Call | 2024-06-21 CALL at $95.0 | 0.8138 | 0.0239 | 1 | 2024-06-21 | 7.7 - 10.2 | 7.3 | In |
Call | 2024-06-21 CALL at $96.0 | 0.9975 | 0.0026 | 0 | 2024-06-21 | 6.8 - 9.2 | 0.0 | In |
Call | 2024-06-21 CALL at $97.0 | 0.9689 | 0.0179 | 1 | 2024-06-21 | 5.8 - 8.3 | 3.06 | In |
Call | 2024-06-21 CALL at $98.0 | 0.9444 | 0.0285 | 0 | 2024-06-21 | 4.9 - 7.3 | 0.0 | In |
Call | 2024-06-21 CALL at $99.0 | 0.9386 | 0.0361 | 0 | 2024-06-21 | 3.8 - 6.4 | 0.0 | In |
Call | 2024-06-21 CALL at $100.0 | 0.8976 | 0.0546 | 1 | 2024-06-21 | 2.95 - 5.4 | 6.7 | In |
Call | 2024-06-21 CALL at $101.0 | 0.815 | 0.0767 | 1 | 2024-06-21 | 2.15 - 4.6 | 7.5 | In |
Call | 2024-06-21 CALL at $102.0 | 0.7294 | 0.0964 | 0 | 2024-06-21 | 1.4 - 3.8 | 5.4 | In |
Call | 2024-06-21 CALL at $103.0 | 0.6396 | 0.1246 | 0 | 2024-06-21 | 0.85 - 2.7 | 1.45 | In |
Call | 2024-06-21 CALL at $104.0 | 0.5098 | 0.1262 | 1 | 2024-06-21 | 0.4 - 2.15 | 1.5 | Out |
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Already Invested in Invesco SP 500?
The danger of trading Invesco SP 500 is mainly related to its market volatility and ETF 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 Invesco SP 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 Invesco SP. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Invesco SP 500 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 Invesco SP 500 is a strong investment it is important to analyze Invesco SP'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 Invesco SP's future performance. For an informed investment choice regarding Invesco Etf, refer to the following important reports: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Invesco SP 500. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Invesco SP 500 information on this page should be used as a complementary analysis to other Invesco SP's 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 Anywhere module to track or share privately all of your investments from the convenience of any device.
The market value of Invesco SP 500 is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco SP's value that differs from its market value or its book value, called intrinsic value, which is Invesco SP'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 Invesco SP's market value can be influenced by many factors that don't directly affect Invesco SP'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 Invesco SP's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco SP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco SP'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.