Cathay General Stock Options
CATY Stock | USD 43.37 1.10 2.60% |
Cathay General's latest option contracts expiring on May 16th 2025 are carrying combined implied volatility of 0.72 with a put-to-call open interest ratio of 0.68 over 20 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on May 16th 2025.
Open Interest Against May 16th 2025 Option Contracts
Cathay General 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 Cathay General's lending market. For example, when Cathay General'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 Cathay General, he or she must hedge the risk by shorting Cathay General stock over its option's life.
2025-05-16
The chart above shows Cathay General'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. Cathay General's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Cathay General's option, there is no secondary market available for investors to trade.
In The Money vs. Out of Money Option Contracts on Cathay General
Analyzing Cathay General's in-the-money options over time can help investors to take a profitable long position in Cathay General regardless of its overall volatility. This is especially true when Cathay General's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Cathay General's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Cathay General's stock while costing only a fraction of its price.
Cathay General Bancorp In The Money Call Balance
When Cathay General's strike price is surpassing the current stock price, the option contract against Cathay General Bancorp stock is said to be in the money. When it comes to buying Cathay General'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 Cathay General Bancorp 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.
Cathay Current Options Market Mood
Cathay General'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 Cathay 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 Cathay General'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. Cathay General'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 Cathay contract
Base on the Rule 16, the options market is currently suggesting that Cathay General Bancorp will have an average daily up or down price movement of about 0.045% per day over the life of the 2025-05-16 option contract. With Cathay General trading at USD 43.37, that is roughly USD 0.0195. If you think that the market is fully incorporating Cathay General's daily price movement you should consider buying Cathay General Bancorp options at the current volatility level of 0.72%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
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Purchasing Cathay General 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" Cathay calls. Remember, the seller must deliver Cathay General Bancorp stock to the call owner when a call is exercised.
Cathay General Option Chain
When Cathay General's strike price is surpassing the current stock price, the option contract against Cathay General Bancorp 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.
Cathay General's option chain is a display of a range of information that helps investors for ways to trade options on Cathay. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Cathay. It also shows strike prices and maturity days for a Cathay General 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 | Strike Price | Current Spread | Last Price | |||
Call | CATY250516C00075000 | 0 | 75.0 | 0.0 - 4.2 | 4.2 | |
Call | CATY250516C00070000 | 0 | 70.0 | 0.0 - 4.2 | 4.2 | |
Call | CATY250516C00065000 | 0 | 65.0 | 0.0 - 4.2 | 4.2 | |
Call | CATY250516C00060000 | 0 | 60.0 | 0.0 - 4.2 | 4.2 | |
Call | CATY250516C00055000 | 8 | 55.0 | 0.0 - 4.3 | 2.3 | Out |
Call | CATY250516C00050000 | 16 | 50.0 | 0.0 - 2.1 | 2.07 | Out |
Call | CATY250516C00045000 | 1 | 45.0 | 0.0 - 4.8 | 4.8 | Out |
Call | CATY250516C00040000 | 0 | 40.0 | 2.55 - 7.0 | 2.55 | In |
Call | CATY250516C00035000 | 0 | 35.0 | 6.9 - 11.0 | 6.9 | In |
Call | CATY250516C00030000 | 0 | 30.0 | 11.9 - 15.5 | 11.9 | In |
Put | CATY250516P00075000 | 0 | 75.0 | 30.5 - 34.5 | 30.5 | In |
Put | CATY250516P00070000 | 0 | 70.0 | 25.5 - 29.5 | 25.5 | In |
Put | CATY250516P00065000 | 0 | 65.0 | 21.1 - 25.0 | 21.1 | In |
Put | CATY250516P00060000 | 0 | 60.0 | 16.4 - 20.0 | 16.4 | In |
Put | CATY250516P00055000 | 0 | 55.0 | 11.1 - 15.0 | 11.1 | In |
Put | CATY250516P00050000 | 0 | 50.0 | 6.5 - 10.0 | 6.5 | In |
Put | CATY250516P00045000 | 0 | 45.0 | 1.9 - 6.0 | 1.9 | In |
Put | CATY250516P00040000 | 17 | 40.0 | 0.0 - 2.0 | 1.0 | Out |
Put | CATY250516P00035000 | 0 | 35.0 | 0.0 - 4.7 | 4.7 | |
Put | CATY250516P00030000 | 0 | 30.0 | 0.0 - 4.4 | 4.4 |
Cathay General Selling And Marketing Expenses Over Time
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Cathay General Market Cap Over Time
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Cathay Total Stockholder Equity
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Cathay General Corporate Management
May Chan | General VP | Profile | |
Thomas Lo | Executive Officer | Profile | |
Georgia Lo | Assistant Relations | Profile | |
Weston Barkwill | Chief Auditor | Profile |
Additional Tools for Cathay Stock Analysis
When running Cathay General's price analysis, check to measure Cathay General'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 Cathay General is operating at the current time. Most of Cathay General's value examination focuses on studying past and present price action to predict the probability of Cathay General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cathay General's price. Additionally, you may evaluate how the addition of Cathay General to your portfolios can decrease your overall portfolio volatility.