Advance Auto Stock Options

AAP Stock  USD 45.91  0.18  0.39%   
Advance Auto's latest option contracts expiring on March 21st 2025 are carrying combined implied volatility of 0.76 with a put-to-call open interest ratio of 0.9 over 53 outstanding agreements suggesting investors are buying slightly more calls than puts on contracts expiring on March 21st 2025. The total put volume is at 11.0, with calls trading at the volume of 43.0. This yields a 0.26 put-to-call volume ratio.

Open Interest Against March 21st 2025 Option Contracts

The chart above shows Advance Auto'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. Advance Auto's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Advance Auto's option, there is no secondary market available for investors to trade.

Advance Auto Maximum Pain Price Across 2025-03-21 Option Contracts

Max pain occurs when Advance Auto's market makers reach a net positive position across all Advance Auto's options at a strike price where option holders stand to lose the most money. By contrast, Advance Auto's option sellers may reap the most after selling more options than buying, causing them to expire worthless.

In The Money vs. Out of Money Option Contracts on Advance Auto

Analyzing Advance Auto's in-the-money options over time can help investors to take a profitable long position in Advance Auto regardless of its overall volatility. This is especially true when Advance Auto's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Advance Auto's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Advance Auto's stock while costing only a fraction of its price.

Advance Auto Parts In The Money Call Balance

When Advance Auto's strike price is surpassing the current stock price, the option contract against Advance Auto Parts stock is said to be in the money. When it comes to buying Advance Auto'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 Advance Auto Parts 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.

Advance Current Options Market Mood

Advance Auto'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 Advance 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 Advance Auto's options investors are not very successful. Advance Auto'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 Advance contract

Base on the Rule 16, the options market is currently suggesting that Advance Auto Parts will have an average daily up or down price movement of about 0.0475% per day over the life of the 2025-03-21 option contract. With Advance Auto trading at USD 45.91, that is roughly USD 0.0218. If you think that the market is fully incorporating Advance Auto's daily price movement you should consider buying Advance Auto Parts 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.
  
Purchasing Advance Auto 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" Advance calls. Remember, the seller must deliver Advance Auto Parts stock to the call owner when a call is exercised.

Advance Auto Option Chain

When Advance Auto's strike price is surpassing the current stock price, the option contract against Advance Auto Parts 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.
Advance Auto's option chain is a display of a range of information that helps investors for ways to trade options on Advance. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Advance. It also shows strike prices and maturity days for a Advance Auto 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 IntStrike PriceCurrent SpreadLast Price
Call
AAP250321C000200007420.025.85 - 26.524.35In
Call
AAP250321C000250005125.020.35 - 22.519.5In
Call
AAP250321C0002750015927.518.75 - 19.115.2In
Call
AAP250321C0003000012430.016.4 - 17.416.6In
Call
AAP250321C000325005532.514.15 - 14.5514.4In
Call
AAP250321C0003500034435.011.65 - 12.912.75In
Call
AAP250321C0003750038537.59.95 - 10.6510.45In
Call
AAP250321C00040000115440.08.0 - 9.08.6In
Call
AAP250321C0004250065142.56.45 - 6.857.19In
Call
AAP250321C0004500040945.04.75 - 5.455.52In
Call
AAP250321C0004750038147.54.1 - 5.154.18Out
Call
AAP250321C0005000041650.03.1 - 4.253.35Out
Call
AAP250321C0005250037852.52.17 - 2.521.9Out
Call
AAP250321C0005500077255.01.67 - 1.921.95Out
Call
AAP250321C0005750075057.50.81 - 1.481.6Out
Call
AAP250321C00060000237760.00.85 - 1.221.02Out
Call
AAP250321C0006250026762.50.58 - 2.080.87Out
Call
AAP250321C0006500014665.00.35 - 0.630.48Out
Call
AAP250321C0006750014767.50.39 - 0.521.07Out
Call
AAP250321C0007000048770.00.32 - 0.380.35Out
Call
AAP250321C0007250020972.50.24 - 0.420.68Out
Call
AAP250321C0007500047775.00.16 - 0.320.37Out
Call
AAP250321C0008000011480.00.06 - 0.320.5Out
Call
AAP250321C0008500046085.00.03 - 0.340.21Out
Call
AAP250321C00090000590.00.01 - 0.290.18Out
Call
AAP250321C000950002495.00.0 - 0.250.1Out
 Put
AAP250321P000200009320.00.0 - 0.230.12Out
 Put
AAP250321P000225007822.50.03 - 0.290.19Out
 Put
AAP250321P0002500025925.00.07 - 0.380.28Out
 Put
AAP250321P0002750030727.50.11 - 0.510.36Out
 Put
AAP250321P0003000068730.00.35 - 0.440.38Out
 Put
AAP250321P0003250062732.50.57 - 0.820.61Out
 Put
AAP250321P00035000233435.00.89 - 1.371.14Out
 Put
AAP250321P0003750091737.51.31 - 1.521.71Out
 Put
AAP250321P0004000079540.01.89 - 2.132.31Out
 Put
AAP250321P00042500139442.52.91 - 3.052.95Out
 Put
AAP250321P0004500019245.03.1 - 4.555.2Out
 Put
AAP250321P0004750016247.55.3 - 5.456.62In
 Put
AAP250321P00050000103350.06.8 - 7.38.2In
 Put
AAP250321P000525008652.57.5 - 9.159.3In
 Put
AAP250321P0005500035655.010.15 - 12.0510.73In
 Put
AAP250321P0005750010857.512.2 - 12.919.95In
 Put
AAP250321P000600009960.013.65 - 15.616.57In
 Put
AAP250321P0006250011962.515.8 - 18.320.3In
 Put
AAP250321P000650003665.019.1 - 19.721.56In
 Put
AAP250321P000675001667.520.85 - 23.430.36In
 Put
AAP250321P00070000170.022.25 - 25.931.67In
 Put
AAP250321P00072500072.524.55 - 28.324.55In
 Put
AAP250321P00075000075.027.5 - 30.118.43In
 Put
AAP250321P00080000080.032.5 - 35.132.5In
 Put
AAP250321P00085000085.037.5 - 39.6537.5In
 Put
AAP250321P00090000090.042.5 - 45.142.5In
 Put
AAP250321P00095000095.047.75 - 49.6547.75In

Advance Auto Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

Advance Total Stockholder Equity

Total Stockholder Equity

1.79 Billion

At this time, Advance Auto's Total Stockholder Equity is relatively stable compared to the past year.

Advance Auto Corporate Directors

Bradley BussIndependent DirectorProfile
Sharon McCollamIndependent DirectorProfile
Arthur ValdezIndependent DirectorProfile
Sherice TorresIndependent DirectorProfile

Additional Tools for Advance Stock Analysis

When running Advance Auto's price analysis, check to measure Advance Auto'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 Advance Auto is operating at the current time. Most of Advance Auto's value examination focuses on studying past and present price action to predict the probability of Advance Auto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Advance Auto's price. Additionally, you may evaluate how the addition of Advance Auto to your portfolios can decrease your overall portfolio volatility.