First Bancorp Stock Options
| FBP Stock | USD 19.67 0.26 1.34% |
First Bancorp's latest option contracts expiring on March 21st 2025 are carrying combined implied volatility of 1.22 with a put-to-call open interest ratio of 4.38 over 20 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on March 21st 2025.
Open Interest Against March 21st 2025 Option Contracts
2025-03-21
The chart above shows First Bancorp'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. First Bancorp's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for First Bancorp's option, there is no secondary market available for investors to trade.
In The Money vs. Out of Money Option Contracts on First Bancorp
Analyzing First Bancorp's in-the-money options over time can help investors to take a profitable long position in First Bancorp regardless of its overall volatility. This is especially true when First Bancorp's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money First Bancorp's options could be used as guardians of the underlying stock as they move almost dollar for dollar with First Bancorp's stock while costing only a fraction of its price.
First Bancorp In The Money Call Balance
When First Bancorp's strike price is surpassing the current stock price, the option contract against First Bancorp stock is said to be in the money. When it comes to buying First 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 First 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.
First Current Options Market Mood
First 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 First 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 First Bancorp'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. First 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 First contract
Base on the Rule 16, the options market is currently suggesting that First Bancorp will have an average daily up or down price movement of about 0.0763% per day over the life of the 2025-03-21 option contract. With First Bancorp trading at USD 19.67, that is roughly USD 0.015. If you think that the market is fully incorporating First Bancorp's daily price movement you should consider buying First Bancorp options at the current volatility level of 1.22%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
First |
Purchasing First 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" First calls. Remember, the seller must deliver First Bancorp stock to the call owner when a call is exercised.
First Bancorp Option Chain
When First Bancorp's strike price is surpassing the current stock price, the option contract against First 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.
First Bancorp's option chain is a display of a range of information that helps investors for ways to trade options on First. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for First. It also shows strike prices and maturity days for a First 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 | FBP250321C00007500 | 0 | 7.5 | 9.7 - 14.4 | 9.7 | In |
Call | FBP250321C00010000 | 0 | 10.0 | 7.2 - 11.8 | 7.2 | In |
Call | FBP250321C00012500 | 0 | 12.5 | 5.9 - 8.9 | 5.9 | In |
Call | FBP250321C00015000 | 0 | 15.0 | 2.9 - 6.6 | 2.9 | In |
Call | FBP250321C00017500 | 1 | 17.5 | 1.75 - 4.5 | 1.85 | In |
Call | FBP250321C00020000 | 33 | 20.0 | 0.65 - 1.0 | 0.85 | Out |
Call | FBP250321C00022500 | 11 | 22.5 | 0.0 - 0.75 | 0.16 | Out |
Call | FBP250321C00025000 | 5 | 25.0 | 0.0 - 3.8 | 0.17 | Out |
Call | FBP250321C00030000 | 0 | 30.0 | 0.0 - 3.7 | 3.7 | |
Call | FBP250321C00035000 | 0 | 35.0 | 0.0 - 2.7 | 2.7 | |
Put | FBP250321P00007500 | 2 | 7.5 | 0.0 - 3.8 | 0.1 | Out |
Put | FBP250321P00010000 | 5 | 10.0 | 0.0 - 3.8 | 0.3 | Out |
Put | FBP250321P00012500 | 0 | 12.5 | 0.0 - 3.8 | 3.8 | |
Put | FBP250321P00015000 | 211 | 15.0 | 0.0 - 0.8 | 0.2 | Out |
Put | FBP250321P00017500 | 1 | 17.5 | 0.0 - 0.95 | 0.65 | Out |
Put | FBP250321P00020000 | 0 | 20.0 | 0.0 - 2.05 | 2.05 | In |
Put | FBP250321P00022500 | 0 | 22.5 | 1.6 - 4.8 | 1.6 | In |
Put | FBP250321P00025000 | 0 | 25.0 | 4.5 - 7.3 | 4.5 | In |
Put | FBP250321P00030000 | 0 | 30.0 | 9.2 - 12.5 | 9.2 | In |
Put | FBP250321P00035000 | 0 | 35.0 | 15.0 - 16.5 | 15.0 | In |
First Bancorp Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
| Timeline |
First Total Stockholder Equity
Total Stockholder Equity |
|
First Bancorp Corporate Directors
| Patricia Eaves | Non-Executive Independent Director | Profile | |
| Jose MenendezCortada | Independent Director | Profile | |
| Robert Gormley | Independent Director | Profile | |
| Tracey Dedrick | Non-Executive Independent Director | Profile |
Additional Tools for First Stock Analysis
When running First Bancorp's price analysis, check to measure First Bancorp'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 First Bancorp is operating at the current time. Most of First Bancorp's value examination focuses on studying past and present price action to predict the probability of First Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Bancorp's price. Additionally, you may evaluate how the addition of First Bancorp to your portfolios can decrease your overall portfolio volatility.