Clean Harbors Stock Options
CLH Stock | USD 241.04 1.82 0.76% |
Clean Harbors' latest option contracts expiring on April 17th 2025 are carrying combined implied volatility of 0.35 with a put-to-call open interest ratio of 0.47 over 39 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on April 17th 2025.
Open Interest Against April 17th 2025 Option Contracts
2025-04-17
The chart above shows Clean Harbors' 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. Clean Harbors' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Clean Harbors' option, there is no secondary market available for investors to trade.
Clean Harbors Maximum Pain Price Across 2025-04-17 Option Contracts
Clean Harbors' 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.
In The Money vs. Out of Money Option Contracts on Clean Harbors
Analyzing Clean Harbors' in-the-money options over time can help investors to take a profitable long position in Clean Harbors regardless of its overall volatility. This is especially true when Clean Harbors' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Clean Harbors' options could be used as guardians of the underlying stock as they move almost dollar for dollar with Clean Harbors' stock while costing only a fraction of its price.
Clean Harbors In The Money Call Balance
When Clean Harbors' strike price is surpassing the current stock price, the option contract against Clean Harbors stock is said to be in the money. When it comes to buying Clean Harbors' 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 Clean Harbors 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.
Clean Current Options Market Mood
Clean Harbors' 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 Clean 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 Clean Harbors' options investors are not very successful. Clean Harbors' 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 Clean contract
Base on the Rule 16, the options market is currently suggesting that Clean Harbors will have an average daily up or down price movement of about 0.0219% per day over the life of the 2025-04-17 option contract. With Clean Harbors trading at USD 241.04, that is roughly USD 0.0527. If you think that the market is fully incorporating Clean Harbors' daily price movement you should consider buying Clean Harbors options at the current volatility level of 0.35%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Clean |
Purchasing Clean Harbors 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" Clean calls. Remember, the seller must deliver Clean Harbors stock to the call owner when a call is exercised.
Clean Harbors Option Chain
When Clean Harbors' strike price is surpassing the current stock price, the option contract against Clean Harbors 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.
Clean Harbors' option chain is a display of a range of information that helps investors for ways to trade options on Clean. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Clean. It also shows strike prices and maturity days for a Clean Harbors 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 | CLH250417C00170000 | 1 | 170.0 | 72.2 - 75.7 | 76.0 | In |
Call | CLH250417C00185000 | 1 | 185.0 | 57.8 - 61.4 | 48.35 | In |
Call | CLH250417C00200000 | 10 | 200.0 | 44.0 - 47.4 | 44.0 | In |
Call | CLH250417C00220000 | 20 | 220.0 | 27.6 - 30.3 | 32.3 | In |
Call | CLH250417C00230000 | 19 | 230.0 | 20.1 - 23.5 | 17.73 | In |
Call | CLH250417C00240000 | 43 | 240.0 | 14.1 - 17.2 | 14.71 | Out |
Call | CLH250417C00250000 | 31 | 250.0 | 9.5 - 12.6 | 6.96 | Out |
Call | CLH250417C00260000 | 34 | 260.0 | 6.8 - 9.1 | 7.2 | Out |
Call | CLH250417C00270000 | 26 | 270.0 | 2.4 - 5.1 | 3.87 | Out |
Call | CLH250417C00280000 | 44 | 280.0 | 1.6 - 3.2 | 2.58 | Out |
Call | CLH250417C00290000 | 30 | 290.0 | 0.4 - 2.8 | 6.54 | Out |
Call | CLH250417C00300000 | 19 | 300.0 | 0.3 - 1.2 | 0.71 | Out |
Call | CLH250417C00310000 | 8 | 310.0 | 0.15 - 1.8 | 2.59 | Out |
Call | CLH250417C00320000 | 0 | 320.0 | 0.05 - 0.75 | 0.05 | |
Call | CLH250417C00330000 | 1 | 330.0 | 0.0 - 0.75 | 2.0 | Out |
Call | CLH250417C00340000 | 7 | 340.0 | 0.0 - 0.75 | 0.25 | Out |
Call | CLH250417C00350000 | 1 | 350.0 | 0.0 - 0.75 | 0.74 | Out |
Call | CLH250417C00360000 | 0 | 360.0 | 0.0 - 0.75 | 0.75 | |
Put | CLH250417P00180000 | 2 | 180.0 | 0.3 - 1.3 | 2.1 | Out |
Put | CLH250417P00185000 | 3 | 185.0 | 0.55 - 1.55 | 1.11 | Out |
Put | CLH250417P00190000 | 3 | 190.0 | 0.5 - 1.8 | 1.3 | Out |
Put | CLH250417P00195000 | 23 | 195.0 | 0.85 - 2.45 | 4.2 | Out |
Put | CLH250417P00200000 | 1 | 200.0 | 0.85 - 3.0 | 5.1 | Out |
Put | CLH250417P00210000 | 9 | 210.0 | 1.55 - 5.3 | 4.1 | Out |
Put | CLH250417P00220000 | 44 | 220.0 | 4.4 - 7.2 | 9.29 | Out |
Put | CLH250417P00230000 | 14 | 230.0 | 6.7 - 10.1 | 13.31 | Out |
Put | CLH250417P00240000 | 19 | 240.0 | 10.4 - 14.1 | 18.6 | Out |
Put | CLH250417P00250000 | 7 | 250.0 | 15.7 - 18.8 | 15.2 | In |
Put | CLH250417P00260000 | 11 | 260.0 | 21.8 - 25.4 | 30.97 | In |
Put | CLH250417P00270000 | 2 | 270.0 | 30.3 - 32.5 | 25.3 | In |
Put | CLH250417P00280000 | 0 | 280.0 | 37.5 - 41.3 | 26.9 | In |
Put | CLH250417P00290000 | 0 | 290.0 | 47.2 - 50.4 | 60.3 | In |
Put | CLH250417P00300000 | 0 | 300.0 | 56.8 - 60.3 | 56.8 | In |
Put | CLH250417P00310000 | 0 | 310.0 | 66.7 - 70.4 | 66.7 | In |
Put | CLH250417P00320000 | 0 | 320.0 | 76.8 - 80.4 | 76.8 | In |
Put | CLH250417P00330000 | 0 | 330.0 | 86.7 - 90.4 | 86.7 | In |
Put | CLH250417P00340000 | 0 | 340.0 | 97.1 - 100.4 | 97.1 | In |
Put | CLH250417P00350000 | 0 | 350.0 | 106.7 - 110.4 | 106.7 | In |
Put | CLH250417P00360000 | 0 | 360.0 | 116.9 - 120.4 | 116.9 | In |
Clean Total Stockholder Equity
Total Stockholder Equity |
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Clean Harbors Corporate Directors
Rod Marlin | Independent Director | Profile | |
John Welch | Independent Director | Profile | |
Eugene Banucci | Lead Independent Director | Profile | |
John Preston | Independent Director | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clean Harbors. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more detail on how to invest in Clean Stock please use our How to Invest in Clean Harbors guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Environmental & Facilities Services 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 Clean Harbors. If investors know Clean 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 Clean Harbors 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 0.262 | Earnings Share 7.69 | Revenue Per Share | Quarterly Revenue Growth 0.12 | Return On Assets |
The market value of Clean Harbors is measured differently than its book value, which is the value of Clean that is recorded on the company's balance sheet. Investors also form their own opinion of Clean Harbors' value that differs from its market value or its book value, called intrinsic value, which is Clean Harbors' 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 Clean Harbors' market value can be influenced by many factors that don't directly affect Clean Harbors' 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 Clean Harbors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Clean Harbors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clean Harbors' 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.