POOL240816P00290000 Option on Pool
| POOL Stock | USD 341.37 0.60 0.18% |
Pool's latest option contracts expiring on 2024-09-20 are carrying combined implied volatility of 30.07 with a put-to-call open interest ratio of 1.81 over 70 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on 2024-09-20. The current put volume is at 1.0, with calls trading at the volume of 1.0. This yields a 1.0 put-to-call volume ratio.
Open Interest Against 2024-09-20 Option Contracts
2024-09-20
The chart above shows Pool'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. Pool's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Pool's option, there is no secondary market available for investors to trade.
Pool Maximum Pain Price across 2024-09-20 Option Contracts
Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as Pool close to expiration to expire worthless. According to most research, approximately 10% to 15% of all stock options are exercised, while about 35% expire worthlessly, with roughly 50% traded out before the expiration date. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Pool's option chain provides insight into all available option contracts written on Pool's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Pool's stock options below provides a detailed picture of the payoff. Comparing vital and dynamic information of various option contracts across diverse expiration periods will help you make an educated decision on your market timing strategies around investing in a given Pool option contract.
In The Money vs. Out of Money Option Contracts on Pool
Analyzing Pool's in-the-money options over time can help investors to take a profitable long position in Pool regardless of its overall volatility. This is especially true when Pool's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Pool's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Pool's stock while costing only a fraction of its price.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pool Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Please note that buying 'in-the-money' options on Pool lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Pool's value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money Pool contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if Pool Stock moves the wrong way.
At this time, Pool's Common Stock is quite stable compared to the past year. Stock Based Compensation is expected to rise to about 20.6 M this year, although the value of Sale Purchase Of Stock is projected to rise to (291 M). Pool In The Money Call Balance
When Pool's strike price is surpassing the current stock price, the option contract against Pool Corporation stock is said to be in the money. When it comes to buying Pool'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 Pool Corporation 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.
Pool Current Options Market Mood
Pool'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 Pool 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
Most options investors, including buyers and sellers of Pool's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Pool'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. Using current Pool's option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.
Rule 16 of the current Pool contract
Base on the Rule 16, the options market is currently suggesting that Pool Corporation will have an average daily up or down price movement of about 1.88% per day over the life of the 2024-09-20 option contract. With Pool trading at USD 341.37, that is roughly USD 6.41. If you think that the market is fully incorporating Pool's daily price movement you should consider buying Pool Corporation options at the current volatility level of 30.07%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Pool |
Purchasing Pool 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" Pool calls. Remember, the seller must deliver Pool Corporation stock to the call owner when a call is exercised.
Pool Option Chain
When Pool's strike price is surpassing the current stock price, the option contract against Pool Corporation 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.
Pool's option chain is a display of a range of information that helps investors for ways to trade options on Pool. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Pool. It also shows strike prices and maturity days for a Pool 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 | 2024-09-20 CALL at $170.0 | 0.9958 | 1.0E-4 | 0 | 2024-09-20 | 167.2 - 176.1 | 0.0 | In |
Call | 2024-09-20 CALL at $175.0 | 0.9946 | 2.0E-4 | 0 | 2024-09-20 | 162.3 - 171.1 | 0.0 | In |
Call | 2024-09-20 CALL at $180.0 | 0.9934 | 2.0E-4 | 1 | 2024-09-20 | 157.3 - 166.2 | 160.38 | In |
Call | 2024-09-20 CALL at $185.0 | 0.9962 | 1.0E-4 | 0 | 2024-09-20 | 152.2 - 161.1 | 0.0 | In |
Call | 2024-09-20 CALL at $190.0 | 0.9964 | 1.0E-4 | 0 | 2024-09-20 | 147.2 - 156.1 | 0.0 | In |
Call | 2024-09-20 CALL at $195.0 | 0.9967 | 1.0E-4 | 0 | 2024-09-20 | 142.2 - 151.1 | 0.0 | In |
Call | 2024-09-20 CALL at $200.0 | 0.9936 | 2.0E-4 | 0 | 2024-09-20 | 137.3 - 146.2 | 151.76 | In |
Call | 2024-09-20 CALL at $210.0 | 0.9878 | 4.0E-4 | 0 | 2024-09-20 | 127.8 - 136.1 | 141.83 | In |
Call | 2024-09-20 CALL at $220.0 | 0.994 | 3.0E-4 | 0 | 2024-09-20 | 117.3 - 126.2 | 131.56 | In |
Call | 2024-09-20 CALL at $230.0 | 0.9943 | 3.0E-4 | 1 | 2024-09-20 | 107.3 - 116.2 | 121.86 | In |
Call | 2024-09-20 CALL at $240.0 | 0.9829 | 7.0E-4 | 1 | 2024-09-20 | 97.8 - 106.3 | 111.95 | In |
Call | 2024-09-20 CALL at $250.0 | 0.9902 | 5.0E-4 | 0 | 2024-09-20 | 87.4 - 96.3 | 102.8 | In |
Call | 2024-09-20 CALL at $260.0 | 0.9902 | 6.0E-4 | 0 | 2024-09-20 | 77.4 - 86.3 | 91.64 | In |
Call | 2024-09-20 CALL at $270.0 | 0.9844 | 0.001 | 0 | 2024-09-20 | 67.5 - 76.4 | 92.45 | In |
Call | 2024-09-20 CALL at $280.0 | 0.9676 | 0.0019 | 0 | 2024-09-20 | 58.0 - 66.5 | 0.0 | In |
Call | 2024-09-20 CALL at $290.0 | 0.9586 | 0.0026 | 0 | 2024-09-20 | 48.1 - 56.6 | 0.0 | In |
Call | 2024-09-20 CALL at $300.0 | 0.9467 | 0.0038 | 0 | 2024-09-20 | 38.2 - 46.7 | 0.0 | In |
Call | 2024-09-20 CALL at $310.0 | 0.9241 | 0.006 | 0 | 2024-09-20 | 28.6 - 36.7 | 45.78 | In |
Call | 2024-09-20 CALL at $320.0 | 0.8581 | 0.0103 | 0 | 2024-09-20 | 19.3 - 27.6 | 0.0 | In |
Call | 2024-09-20 CALL at $330.0 | 0.7085 | 0.0146 | 2 | 2024-09-20 | 13.1 - 19.5 | 31.0 | In |
Call | 2024-09-20 CALL at $340.0 | 0.5478 | 0.0189 | 4 | 2024-09-20 | 8.7 - 9.9 | 9.0 | In |
Call | 2024-09-20 CALL at $350.0 | 0.3527 | 0.0188 | 79 | 2024-09-20 | 3.3 - 5.8 | 4.65 | Out |
Call | 2024-09-20 CALL at $370.0 | 0.1032 | 0.0086 | 105 | 2024-09-20 | 1.0 - 2.45 | 1.0 | Out |
Put | 2024-09-20 PUT at $480.0 | -0.9854 | 7.0E-4 | 0 | 2024-09-20 | 134.3 - 143.2 | 0.0 | In |
Put | 2024-09-20 PUT at $470.0 | -0.9848 | 8.0E-4 | 0 | 2024-09-20 | 124.3 - 133.2 | 0.0 | In |
Put | 2024-09-20 PUT at $460.0 | -0.9842 | 8.0E-4 | 0 | 2024-09-20 | 114.3 - 123.2 | 0.0 | In |
Put | 2024-09-20 PUT at $450.0 | -0.9834 | 9.0E-4 | 0 | 2024-09-20 | 104.3 - 113.2 | 0.0 | In |
Put | 2024-09-20 PUT at $440.0 | -0.9825 | 0.001 | 0 | 2024-09-20 | 94.3 - 103.2 | 93.13 | In |
Put | 2024-09-20 PUT at $430.0 | -0.9814 | 0.0012 | 0 | 2024-09-20 | 84.3 - 93.2 | 83.88 | In |
Put | 2024-09-20 PUT at $420.0 | -0.9784 | 0.0239 | 1 | 2024-09-20 | 74.3 - 83.2 | 73.84 | In |
Put | 2024-09-20 PUT at $410.0 | -0.9761 | 0.0018 | 0 | 2024-09-20 | 64.3 - 73.2 | 0.0 | In |
Put | 2024-09-20 PUT at $400.0 | -0.9738 | 0.0022 | 0 | 2024-09-20 | 54.3 - 63.2 | 34.0 | In |
Put | 2024-09-20 PUT at $390.0 | -0.9608 | 0.0033 | 0 | 2024-09-20 | 44.4 - 53.3 | 0.0 | In |
Put | 2024-09-20 PUT at $380.0 | -0.9367 | 0.0053 | 18 | 2024-09-20 | 34.6 - 43.5 | 20.8 | In |
Put | 2024-09-20 PUT at $370.0 | -0.8223 | 0.0093 | 13 | 2024-09-20 | 25.2 - 30.9 | 19.56 | In |
Put | 2024-09-20 PUT at $360.0 | -0.8131 | 0.0139 | 15 | 2024-09-20 | 16.5 - 24.0 | 19.7 | In |
Put | 2024-09-20 PUT at $350.0 | -0.6693 | 0.0206 | 82 | 2024-09-20 | 10.2 - 13.8 | 12.2 | In |
Put | 2024-09-20 PUT at $340.0 | -0.4521 | 0.0206 | 117 | 2024-09-20 | 4.4 - 9.6 | 6.82 | Out |
Put | 2024-09-20 PUT at $330.0 | -0.295 | 0.0145 | 107 | 2024-09-20 | 1.6 - 7.6 | 3.4 | Out |
Put | 2024-09-20 PUT at $320.0 | -0.1435 | 0.0104 | 103 | 2024-09-20 | 1.0 - 2.3 | 1.48 | Out |
Put | 2024-09-20 PUT at $310.0 | -0.1493 | 0.0069 | 71 | 2024-09-20 | 0.35 - 5.1 | 0.63 | Out |
Pool Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
| Timeline |
Pool Total Stockholder Equity
Total Stockholder Equity |
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Pool Corporate Management
| Donna Williams | Chief Marketing Officer, General Manager - Sales, Marketing & Product Management | Profile | |
| Carolyne Large | Vice Marketing | Profile | |
| Kristopher Neff | Vice Development | Profile | |
| Luther Willems | VP Officer | Profile | |
| Walker Saik | Chief Controller | Profile |
Additional Information and Resources on Investing in Pool Stock
When determining whether Pool is a strong investment it is important to analyze Pool'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 Pool's future performance. For an informed investment choice regarding Pool Stock, refer to the following important reports:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pool Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Distributors space 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 Pool. If investors know Pool 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 Pool 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 (0.16) | Dividend Share 4.5 | Earnings Share 11.88 | Revenue Per Share 139.948 | Quarterly Revenue Growth (0.05) |
The market value of Pool is measured differently than its book value, which is the value of Pool that is recorded on the company's balance sheet. Investors also form their own opinion of Pool's value that differs from its market value or its book value, called intrinsic value, which is Pool'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 Pool's market value can be influenced by many factors that don't directly affect Pool'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 Pool's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pool is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pool'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.