ESSA Bancorp Stock Options
ESSA Stock | USD 19.60 0.46 2.40% |
ESSA Bancorp's latest option contracts expiring on January 17th 2025 are carrying combined implied volatility of 0.49. The ESSA Bancorp option chain provides detailed quote and price information for the current ESSA Bancorp option contracts. It shows all of ESSA Bancorp's listed puts, calls, expiration dates, strike prices, and other pricing information.
In The Money vs. Out of Money Option Contracts on ESSA Bancorp
Analyzing ESSA Bancorp's in-the-money options over time can help investors to take a profitable long position in ESSA Bancorp regardless of its overall volatility. This is especially true when ESSA Bancorp's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money ESSA Bancorp's options could be used as guardians of the underlying stock as they move almost dollar for dollar with ESSA Bancorp's stock while costing only a fraction of its price.
ESSA Bancorp's stock options are financial instruments that give investors the right to buy or sell shares of ESSA Bancorp common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell ESSA stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If ESSA Bancorp's stock price goes up or down, the stock options follow.
At present, ESSA Bancorp's Common Stock Shares Outstanding is projected to decrease significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 73.3 M, whereas Total Stockholder Equity is forecasted to decline to about 173.8 M. ESSA Bancorp In The Money Call Balance
When ESSA Bancorp's strike price is surpassing the current stock price, the option contract against ESSA Bancorp stock is said to be in the money. When it comes to buying ESSA Bancorp'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 ESSA 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.
ESSA Current Options Market Mood
ESSA Bancorp'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 ESSA 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 Volume
Unfortunately, most ESSA Bancorp's options investors are not very successful. ESSA Bancorp'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 ESSA contract
Base on the Rule 16, the options market is currently suggesting that ESSA Bancorp will have an average daily up or down price movement of about 0.0306% per day over the life of the 2025-01-17 option contract. With ESSA Bancorp trading at USD 19.6, that is roughly USD 0.006003. If you think that the market is fully incorporating ESSA Bancorp's daily price movement you should consider buying ESSA Bancorp options at the current volatility level of 0.49%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
ESSA |
Purchasing ESSA Bancorp 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" ESSA calls. Remember, the seller must deliver ESSA Bancorp stock to the call owner when a call is exercised.
ESSA Bancorp Option Chain
When ESSA Bancorp's strike price is surpassing the current stock price, the option contract against ESSA 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.
ESSA Bancorp's option chain is a display of a range of information that helps investors for ways to trade options on ESSA. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for ESSA. It also shows strike prices and maturity days for a ESSA Bancorp 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 | ESSA250117C00002500 | 0 | 2.5 | 15.5 - 19.9 | 15.5 | In |
Call | ESSA250117C00005000 | 0 | 5.0 | 13.0 - 17.3 | 13.0 | In |
Call | ESSA250117C00007500 | 0 | 7.5 | 10.8 - 15.0 | 10.8 | In |
Call | ESSA250117C00010000 | 0 | 10.0 | 8.2 - 12.4 | 8.2 | In |
Call | ESSA250117C00012500 | 0 | 12.5 | 6.0 - 9.9 | 6.0 | In |
Call | ESSA250117C00015000 | 0 | 15.0 | 3.2 - 7.5 | 3.2 | In |
Call | ESSA250117C00017500 | 0 | 17.5 | 1.45 - 5.1 | 1.45 | In |
Call | ESSA250117C00020000 | 0 | 20.0 | 0.0 - 4.7 | 4.7 | |
Call | ESSA250117C00022500 | 0 | 22.5 | 0.0 - 4.1 | 4.1 | |
Call | ESSA250117C00025000 | 0 | 25.0 | 0.0 - 1.75 | 1.75 | |
Put | ESSA250117P00002500 | 5 | 2.5 | 0.0 - 1.75 | 0.05 | Out |
Put | ESSA250117P00005000 | 0 | 5.0 | 0.0 - 1.75 | 1.75 | |
Put | ESSA250117P00007500 | 0 | 7.5 | 0.0 - 3.9 | 3.9 | |
Put | ESSA250117P00010000 | 0 | 10.0 | 0.0 - 1.75 | 1.75 | |
Put | ESSA250117P00012500 | 0 | 12.5 | 0.0 - 1.75 | 1.75 | |
Put | ESSA250117P00015000 | 0 | 15.0 | 0.0 - 0.95 | 0.95 | |
Put | ESSA250117P00017500 | 0 | 17.5 | 0.0 - 4.2 | 4.2 | |
Put | ESSA250117P00020000 | 0 | 20.0 | 0.0 - 4.6 | 4.6 | In |
Put | ESSA250117P00022500 | 0 | 22.5 | 0.65 - 4.9 | 0.65 | In |
Put | ESSA250117P00025000 | 0 | 25.0 | 2.5 - 7.2 | 2.5 | In |
ESSA Bancorp Selling And Marketing Expenses Over Time
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ESSA Bancorp Market Cap Over Time
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ESSA Total Stockholder Equity
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ESSA Bancorp Corporate Management
Thomas Grayuski | VP of Human Resource Services Division and VP of Human Resource Services Division - Essa Bank and Trust | Profile | |
Stephanie Lefferson | Corporate Relations | Profile | |
James Fareri | General Counsel | Profile | |
Robert Selitto | Senior Controller | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in ESSA Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade ESSA Stock refer to our How to Trade ESSA Stock guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Regional Banks 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 ESSA Bancorp. If investors know ESSA 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 ESSA Bancorp 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 (0.06) | Earnings Share 1.78 | Revenue Per Share | Quarterly Revenue Growth (0.04) | Return On Assets |
The market value of ESSA Bancorp is measured differently than its book value, which is the value of ESSA that is recorded on the company's balance sheet. Investors also form their own opinion of ESSA Bancorp's value that differs from its market value or its book value, called intrinsic value, which is ESSA Bancorp's 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 ESSA Bancorp's market value can be influenced by many factors that don't directly affect ESSA Bancorp's 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 ESSA Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ESSA Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ESSA Bancorp's 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.