ENVX250117C00007500 Option on Enovix Corp

ENVX Stock  USD 11.06  0.38  3.32%   
Enovix Corp's latest option contracts expiring on April 17th 2025 are carrying combined implied volatility of 1.11 with a put-to-call open interest ratio of 0.49 over 40 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on April 17th 2025. The total put volume is at 58.0, with calls trading at the volume of 179. This yields a 0.32 put-to-call volume ratio.

Open Interest Against April 17th 2025 Option Contracts

Enovix Corp 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 Enovix Corp's lending market. For example, when Enovix Corp'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 Enovix Corp, he or she must hedge the risk by shorting Enovix Corp stock over its option's life.
The chart above shows Enovix Corp'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. Enovix Corp's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Enovix Corp's option, there is no secondary market available for investors to trade.

Enovix Corp Maximum Pain Price Across 2025-04-17 Option Contracts

Max pain occurs when Enovix Corp's market makers reach a net positive position across all Enovix Corp's options at a strike price where option holders stand to lose the most money. By contrast, Enovix Corp'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 Enovix Corp

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

Enovix Corp In The Money Call Balance

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

Enovix Current Options Market Mood

Enovix Corp'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 Enovix 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 Enovix Corp'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. Enovix Corp'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 Enovix contract

Base on the Rule 16, the options market is currently suggesting that Enovix Corp will have an average daily up or down price movement of about 0.0694% per day over the life of the 2025-04-17 option contract. With Enovix Corp trading at USD 11.06, that is roughly USD 0.007673. If you think that the market is fully incorporating Enovix Corp's daily price movement you should consider buying Enovix Corp options at the current volatility level of 1.11%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Enovix Corp 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" Enovix calls. Remember, the seller must deliver Enovix Corp stock to the call owner when a call is exercised.

Enovix Corp Option Chain

When Enovix Corp's strike price is surpassing the current stock price, the option contract against Enovix 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.
Enovix Corp's option chain is a display of a range of information that helps investors for ways to trade options on Enovix. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Enovix. It also shows strike prices and maturity days for a Enovix Corp 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
ENVX250417C000020001272.09.2 - 10.57.05In
Call
ENVX250417C000030001313.07.45 - 8.557.49In
Call
ENVX250417C0000400084.07.1 - 8.557.2In
Call
ENVX250417C00005000185.06.2 - 6.66.5In
Call
ENVX250417C00006000396.05.5 - 5.75.35In
Call
ENVX250417C000070004287.04.7 - 4.87.5In
Call
ENVX250417C0000800015808.03.95 - 4.054.0In
Call
ENVX250417C0000900016249.03.25 - 3.352.71In
Call
ENVX250417C00010000244610.02.5 - 2.752.77In
Call
ENVX250417C0001100052011.02.15 - 2.252.3In
Call
ENVX250417C00012000464212.01.76 - 1.831.87Out
Call
ENVX250417C0001300069113.01.45 - 1.51.3Out
Call
ENVX250417C00014000819514.01.15 - 1.221.23Out
Call
ENVX250417C00015000431615.00.94 - 1.010.96Out
Call
ENVX250417C00016000118116.00.77 - 0.830.82Out
Call
ENVX250417C0001700029417.00.63 - 0.690.66Out
Call
ENVX250417C0001800091218.00.52 - 0.580.56Out
Call
ENVX250417C0001900013919.00.45 - 0.490.48Out
Call
ENVX250417C00020000363120.00.36 - 0.410.39Out
Call
ENVX250417C000250007125.00.01 - 0.180.17Out
 Put
ENVX250417P0000200022.00.0 - 0.040.07Out
 Put
ENVX250417P000030001953.00.0 - 0.260.03Out
 Put
ENVX250417P00004000624.00.0 - 0.510.08Out
 Put
ENVX250417P000050003005.00.02 - 0.250.14Out
 Put
ENVX250417P000060003286.00.07 - 0.180.17Out
 Put
ENVX250417P000070006447.00.25 - 0.290.27Out
 Put
ENVX250417P0000800016058.00.46 - 0.520.43Out
 Put
ENVX250417P000090008299.00.77 - 0.830.77Out
 Put
ENVX250417P00010000132710.01.18 - 1.21.22Out
 Put
ENVX250417P00011000155411.01.68 - 1.751.71Out
 Put
ENVX250417P00012000315712.02.25 - 2.352.28In
 Put
ENVX250417P00013000167213.02.9 - 3.352.99In
 Put
ENVX250417P00014000186914.03.6 - 4.73.65In
 Put
ENVX250417P0001500075415.04.35 - 4.54.8In
 Put
ENVX250417P0001600034816.05.2 - 6.35.7In
 Put
ENVX250417P0001700022117.06.05 - 6.26.55In
 Put
ENVX250417P0001800042518.06.9 - 7.15.06In
 Put
ENVX250417P00019000419.07.85 - 8.05.6In
 Put
ENVX250417P00020000520.08.55 - 9.17.15In
 Put
ENVX250417P00025000125.013.55 - 13.714.05In

Enovix Total Stockholder Equity

Total Stockholder Equity

268.65 Million

At this time, Enovix Corp's Total Stockholder Equity is fairly stable compared to the past year.

Enovix Corp Corporate Management

James WilcoxVP MobilityProfile
Hongwei YanChief OfficerProfile
Kristin AtkinsVice MarketingProfile
Iryna RomanivVice ResourcesProfile
Charles AndersonFunctional RelationsProfile
Rob RosenSenior MaterialsProfile
Harrold RustCEO, CoFounderProfile

Additional Tools for Enovix Stock Analysis

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