FCFS241220P00110000 Option on FirstCash
| FCFS Stock | USD 107.79 1.41 1.33% |
FirstCash's latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 0.76 with a put-to-call open interest ratio of 0.13 over 28 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2024-12-20. The total put volume is at 28.0, with calls trading at the volume of 28.0. This yields a 0.08 put-to-call volume ratio.
Open Interest Against 2024-12-20 Option Contracts
FirstCash option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in FirstCash's lending market. For example, when FirstCash's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on FirstCash, he or she must hedge the risk by shorting FirstCash stock over its option's life.
2024-12-20
The chart above shows FirstCash's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. FirstCash's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for FirstCash's option, there is no secondary market available for investors to trade.
In The Money vs. Out of Money Option Contracts on FirstCash
Analyzing FirstCash's in-the-money options over time can help investors to take a profitable long position in FirstCash regardless of its overall volatility. This is especially true when FirstCash's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money FirstCash's options could be used as guardians of the underlying stock as they move almost dollar for dollar with FirstCash's stock while costing only a fraction of its price.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FirstCash. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
FirstCash In The Money Call Balance
When FirstCash's strike price is surpassing the current stock price, the option contract against FirstCash stock is said to be in the money. When it comes to buying FirstCash's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on FirstCash are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.
FirstCash Current Options Market Mood
FirstCash's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps FirstCash Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.
Put-to-Call Open Interest
Put-to-Call Volume
Unfortunately, most FirstCash's options investors are not very successful. FirstCash's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.
Rule 16 of the current FirstCash contract
Base on the Rule 16, the options market is currently suggesting that FirstCash will have an average daily up or down price movement of about 0.0475% per day over the life of the 2024-12-20 option contract. With FirstCash trading at USD 107.79, that is roughly USD 0.0512. If you think that the market is fully incorporating FirstCash's daily price movement you should consider buying FirstCash options at the current volatility level of 0.76%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
FirstCash |
Purchasing FirstCash options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" FirstCash calls. Remember, the seller must deliver FirstCash stock to the call owner when a call is exercised.
FirstCash Option Chain
When FirstCash's strike price is surpassing the current stock price, the option contract against FirstCash stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
FirstCash's option chain is a display of a range of information that helps investors for ways to trade options on FirstCash. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for FirstCash. It also shows strike prices and maturity days for a FirstCash 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. | Open Int | Expiration | Current Spread | Last Price | |||
Call | FCFS Option Call 20-12-2024 80 | 0 | 2024-12-20 | 26.7 - 31.5 | 24.6 | In |
Call | FCFS Option Call 20-12-2024 90 | 120 | 2024-12-20 | 17.1 - 18.3 | 17.0 | In |
Call | FCFS Option Call 20-12-2024 100 | 221 | 2024-12-20 | 7.8 - 9.1 | 11.6 | In |
Call | FCFS Option Call 20-12-2024 105 | 6 | 2024-12-20 | 2.1 - 4.9 | 3.0 | In |
Call | FCFS Option Call 20-12-2024 110 | 8 | 2024-12-20 | 0.0 - 3.0 | 1.4 | Out |
Call | FCFS Option Call 20-12-2024 115 | 27 | 2024-12-20 | 0.0 - 1.9 | 0.52 | Out |
Call | FCFS Option Call 20-12-2024 120 | 104 | 2024-12-20 | 0.0 - 1.35 | 0.32 | Out |
Call | FCFS Option Call 20-12-2024 125 | 6 | 2024-12-20 | 0.0 - 2.15 | 1.15 | Out |
Call | FCFS Option Call 20-12-2024 130 | 22 | 2024-12-20 | 0.0 - 1.05 | 0.85 | Out |
Call | FCFS Option Call 20-12-2024 135 | 12 | 2024-12-20 | 0.0 - 1.85 | 2.0 | Out |
Call | FCFS Option Call 20-12-2024 140 | 11 | 2024-12-20 | 0.15 - 0.9 | 1.55 | Out |
Call | FCFS Option Call 20-12-2024 145 | 10 | 2024-12-20 | 0.0 - 0.0 | 2.15 | Out |
Call | FCFS Option Call 20-12-2024 150 | 1 | 2024-12-20 | 0.0 - 0.0 | 2.2 | Out |
Call | FCFS Option Call 20-12-2024 155 | 20 | 2024-12-20 | 0.0 - 4.8 | 1.45 | Out |
Call | FCFS Option Call 20-12-2024 160 | 100 | 2024-12-20 | 1.0 - 5.8 | 1.04 | Out |
Put | FCFS Option Put 20-12-2024 60 | 1 | 2024-12-20 | 0.0 - 0.0 | 0.75 | Out |
Put | FCFS Option Put 20-12-2024 75 | 1 | 2024-12-20 | 0.0 - 2.95 | 1.1 | Out |
Put | FCFS Option Put 20-12-2024 80 | 13 | 2024-12-20 | 0.0 - 3.2 | 0.9 | Out |
Put | FCFS Option Put 20-12-2024 90 | 27 | 2024-12-20 | 0.0 - 0.85 | 0.8 | Out |
Put | FCFS Option Put 20-12-2024 95 | 6 | 2024-12-20 | 0.0 - 2.55 | 1.15 | Out |
Put | FCFS Option Put 20-12-2024 100 | 10 | 2024-12-20 | 0.0 - 1.7 | 0.76 | Out |
Put | FCFS Option Put 20-12-2024 105 | 10 | 2024-12-20 | 0.3 - 1.15 | 1.0 | Out |
Put | FCFS Option Put 20-12-2024 110 | 7 | 2024-12-20 | 2.55 - 4.8 | 4.68 | In |
Put | FCFS Option Put 20-12-2024 115 | 9 | 2024-12-20 | 6.4 - 9.1 | 8.2 | In |
Put | FCFS Option Put 20-12-2024 120 | 2 | 2024-12-20 | 12.6 - 17.0 | 9.1 | In |
Put | FCFS Option Put 20-12-2024 155 | 0 | 2024-12-20 | 36.5 - 41.0 | 29.65 | In |
Put | FCFS Option Put 20-12-2024 165 | 0 | 2024-12-20 | 44.0 - 48.9 | 42.5 | In |
Put | FCFS Option Put 20-12-2024 190 | 0 | 2024-12-20 | 69.0 - 73.9 | 64.5 | In |
FirstCash Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
| Timeline |
FirstCash Market Cap Over Time
Market Cap |
| Timeline |
FirstCash Total Stockholder Equity
Total Stockholder Equity |
|
FirstCash Corporate Management
| Raul Ramos | Sr. VP of Latin American Operations | Profile | |
| Sean Moore | Sr. VP of Store Devel. and Facilities | Profile | |
| Gar Jackson | Investor Relations Officer | Profile | |
| Peter JD | Senior Relations | Profile |
Additional Tools for FirstCash Stock Analysis
When running FirstCash's price analysis, check to measure FirstCash'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 FirstCash is operating at the current time. Most of FirstCash's value examination focuses on studying past and present price action to predict the probability of FirstCash's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FirstCash's price. Additionally, you may evaluate how the addition of FirstCash to your portfolios can decrease your overall portfolio volatility.