FCFS Option Call 20-12-2024 160 Option on FirstCash
FCFS Stock | USD 106.58 0.53 0.49% |
FCFS Option Call 20-12-2024 160 is a CALL option contract on FirstCash's common stock with a strick price of 160.0 expiring on 2024-12-20. The contract was last traded on 2024-03-13 at 15:16:16 for $1.04 and, as of today, has 16 days remaining before the expiration. The option is currently trading at a bid price of $1.0, and an ask price of $5.8. The implied volatility as of the 4th of December is 16.0.
FirstCash |
Call options on FirstCash give the investor right to buy FirstCash Stock at a specified price within a specific period. If FirstCash's price is above the strike price at expiry, the profit is the current FirstCash's stock price, minus the strike price and the premium.
Rule 16 of 2024-12-20 Option Contract
The options market is anticipating that FirstCash will have an average daily up or down price movement of about 0.11% per day over the life of the option. With FirstCash trading at USD 106.58, that is roughly USD 0.12. If you think that the market is fully understating FirstCash's daily price movement you should consider buying FirstCash options at that current volatility level of 1.73%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Call Option on FirstCash
An 'Out of The Money' option on FirstCash has a strike price that FirstCash Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for FirstCash's 'Out of The Money' options include buying the options if you expect a big move in FirstCash's stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Call Contract Name | FCFS Option Call 20-12-2024 160 |
Expires On | 2024-12-20 |
Days Before Expriration | 16 |
Last Traded On | 2024-03-13 15:16:16 |
Open Interest | 100 |
Strike Price | 160.0 |
Last Traded At | 1.04 |
Current Price Spread | 1.0 | 5.8 |
Rule 16 Daily Up or Down | USD 0.12 |
FirstCash long CALL Option Payoff at expiration
Buying FirstCash's call option is the simplest of option trades. A call option on FirstCash Stock gives investors the right (but not the obligation) to purchase FirstCash at the given strike price. Therefore FirstCash's call intrinsic value or payoff at expiration depends on where the FirstCash Stock price is relative to the call option strike price. The strike price of 160.0 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and negative (the trade is a loss). Above the strike, the payoff line is upward sloping as the option payoff rises in proportion with FirstCash's price. Finally, at the break-even point of 160.0, the line crosses zero, and trading FirstCash becomes profitable.
Profit |
FirstCash Price At Expiration |
FirstCash short CALL Option Payoff at expiration
By selling FirstCash's call option, the investors signals his or her bearish sentiment. A short position in a call option written on FirstCash will generally make money when the underlying price goes down. Therefore FirstCash's call intrinsic value or payoff at expiration depends on where the FirstCash Stock price is relative to the call option strike price. The strike price of 160.0 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and positive (the seller makes a profit). Above the strike, the payoff line is downward sloping as the option payoff drops in proportion to FirstCash's price. Finally, at the break-even point of 160.0, the line crosses zero, and trading FirstCash becomes disadvantageous with no downside limits.
Profit |
FirstCash Price At Expiration |
FirstCash Available Call Options
FirstCash's option chain is a display of a range of information that helps investors for ways to trade options on FirstCash. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for FirstCash. It also shows strike prices and maturity days for a FirstCash 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 | Expiration | Current Spread | Last Price | |||
Call | FCFS Option Call 20-12-2024 80 | 0 | 2024-12-20 | 26.7 - 31.5 | 24.6 | In |
Call | FCFS Option Call 20-12-2024 90 | 152 | 2024-12-20 | 0.0 - 0.0 | 15.3 | In |
Call | FCFS Option Call 20-12-2024 100 | 0 | 2024-12-20 | 0.0 - 0.0 | 11.6 | In |
Call | FCFS Option Call 20-12-2024 105 | 0 | 2024-12-20 | 0.0 - 0.0 | 2.7 | In |
Call | FCFS Option Call 20-12-2024 110 | 0 | 2024-12-20 | 0.0 - 0.0 | 1.4 | |
Call | FCFS Option Call 20-12-2024 115 | 27 | 2024-12-20 | 0.0 - 0.0 | 0.52 | Out |
Call | FCFS Option Call 20-12-2024 120 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.32 | |
Call | FCFS Option Call 20-12-2024 125 | 6 | 2024-12-20 | 0.0 - 0.0 | 1.15 | Out |
Call | FCFS Option Call 20-12-2024 130 | 22 | 2024-12-20 | 0.0 - 1.05 | 0.85 | Out |
Call | FCFS Option Call 20-12-2024 135 | 12 | 2024-12-20 | 0.0 - 1.85 | 2.0 | Out |
Call | FCFS Option Call 20-12-2024 140 | 11 | 2024-12-20 | 0.15 - 0.9 | 1.55 | Out |
Call | FCFS Option Call 20-12-2024 145 | 10 | 2024-12-20 | 0.0 - 0.0 | 2.15 | Out |
Call | FCFS Option Call 20-12-2024 150 | 1 | 2024-12-20 | 0.0 - 0.0 | 2.2 | Out |
Call | FCFS Option Call 20-12-2024 155 | 20 | 2024-12-20 | 0.0 - 4.8 | 1.45 | Out |
Call | FCFS Option Call 20-12-2024 160 | 100 | 2024-12-20 | 1.0 - 5.8 | 1.04 | Out |
FirstCash Corporate Management
Raul Ramos | Sr. VP of Latin American Operations | Profile | |
Sean Moore | Sr. VP of Store Devel. and Facilities | Profile | |
Gar Jackson | Investor Relations Officer | Profile | |
Peter JD | Senior Relations | Profile |
Additional Tools for FirstCash Stock Analysis
When running FirstCash's price analysis, check to measure FirstCash'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 FirstCash is operating at the current time. Most of FirstCash's value examination focuses on studying past and present price action to predict the probability of FirstCash's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FirstCash's price. Additionally, you may evaluate how the addition of FirstCash to your portfolios can decrease your overall portfolio volatility.