Denison Mines Stock Options
| DNN Stock | USD 2.10 0.02 0.96% |
Denison Mines' latest option contracts expiring on January 17th 2025 are carrying combined implied volatility of 0.68 with a put-to-call open interest ratio of 0.08 over 20 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on January 17th 2025. The total put volume is at 3.0, with calls trading at the volume of 320. This yields a 0.01 put-to-call volume ratio.
Open Interest Against January 17th 2025 Option Contracts
2025-01-17
The chart above shows Denison Mines' 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. Denison Mines' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Denison Mines' option, there is no secondary market available for investors to trade.
In The Money vs. Out of Money Option Contracts on Denison Mines
Analyzing Denison Mines' in-the-money options over time can help investors to take a profitable long position in Denison Mines regardless of its overall volatility. This is especially true when Denison Mines' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Denison Mines' options could be used as guardians of the underlying stock as they move almost dollar for dollar with Denison Mines' stock while costing only a fraction of its price.
Please note that buying 'in-the-money' options on Denison Mines lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Denison Mines' 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 Denison Mines 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 Denison Stock moves the wrong way.
Denison Current Options Market Mood
Denison Mines' 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 Denison 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 Denison Mines' calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Denison Mines' 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 Denison contract
Base on the Rule 16, the options market is currently suggesting that Denison Mines Corp will have an average daily up or down price movement of about 0.0425% per day over the life of the 2025-01-17 option contract. With Denison Mines trading at USD 2.1, that is roughly USD 8.93E-4. If you think that the market is fully incorporating Denison Mines' daily price movement you should consider buying Denison Mines Corp options at the current volatility level of 0.68%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Denison |
Purchasing Denison Mines 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" Denison calls. Remember, the seller must deliver Denison Mines Corp stock to the call owner when a call is exercised.
Denison Mines Option Chain
When Denison Mines' strike price is surpassing the current stock price, the option contract against Denison Mines Corp 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.
Denison Mines' option chain is a display of a range of information that helps investors for ways to trade options on Denison. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Denison. It also shows strike prices and maturity days for a Denison Mines 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 | DNN250117C00000500 | 1302 | 0.5 | 1.05 - 1.2 | 1.2 | Out |
Call | DNN250117C00001000 | 3584 | 1.0 | 0.8 - 0.85 | 0.8 | Out |
Call | DNN250117C00001500 | 7432 | 1.5 | 0.55 - 0.6 | 0.6 | Out |
Call | DNN250117C00002000 | 6598 | 2.0 | 0.4 - 0.45 | 0.41 | Out |
Call | DNN250117C00002500 | 1890 | 2.5 | 0.3 - 0.35 | 0.33 | Out |
Call | DNN250117C00003000 | 4824 | 3.0 | 0.25 - 0.3 | 0.25 | Out |
Call | DNN250117C00004000 | 2298 | 4.0 | 0.1 - 0.2 | 0.17 | Out |
Call | DNN250117C00003500 | 0 | 3.5 | 0.05 - 0.2 | 0.05 | |
Call | DNN250117C00005000 | 7153 | 5.0 | 0.1 - 0.15 | 0.1 | Out |
Call | DNN250117C00004500 | 0 | 4.5 | 0.0 - 0.25 | 0.25 | |
Put | DNN250117P00000500 | 38 | 0.5 | 0.0 - 0.1 | 0.1 | Out |
Put | DNN250117P00001000 | 1157 | 1.0 | 0.1 - 0.2 | 0.1 | Out |
Put | DNN250117P00001500 | 946 | 1.5 | 0.35 - 0.45 | 0.36 | Out |
Put | DNN250117P00002000 | 267 | 2.0 | 0.65 - 0.75 | 0.7 | Out |
Put | DNN250117P00002500 | 2 | 2.5 | 1.05 - 1.15 | 1.05 | Out |
Put | DNN250117P00003000 | 349 | 3.0 | 1.45 - 1.6 | 1.45 | Out |
Put | DNN250117P00004000 | 0 | 4.0 | 2.35 - 2.5 | 2.35 | |
Put | DNN250117P00003500 | 0 | 3.5 | 1.6 - 1.8 | 1.6 | |
Put | DNN250117P00005000 | 10 | 5.0 | 3.2 - 3.5 | 3.2 | Out |
Put | DNN250117P00004500 | 0 | 4.5 | 2.0 - 2.35 | 2.0 |
Denison Total Stockholder Equity
Total Stockholder Equity |
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Denison Mines Corporate Directors
| Jack Lundin | Independent Director | Profile | |
| Patricia Volker | Independent Director | Profile | |
| William Rand | Independent Director | Profile | |
| Brian Edgar | Independent Director | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Denison Mines Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Oil, Gas & Consumable Fuels 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 Denison Mines. If investors know Denison 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 Denison Mines listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.02) | Revenue Per Share | Quarterly Revenue Growth (0.11) | Return On Assets | Return On Equity |
The market value of Denison Mines Corp is measured differently than its book value, which is the value of Denison that is recorded on the company's balance sheet. Investors also form their own opinion of Denison Mines' value that differs from its market value or its book value, called intrinsic value, which is Denison Mines' 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 Denison Mines' market value can be influenced by many factors that don't directly affect Denison Mines' 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 Denison Mines' value and its price as these two are different measures arrived at by different means. Investors typically determine if Denison Mines is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Denison Mines' 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.