Gates Industrial Stock Options
| GTES Stock | USD 22.22 0.13 0.58% |
Gates Industrial's latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 1.76 with a put-to-call open interest ratio of 0.49 over 6 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on 2024-12-20. The total put volume is at 56.0, with calls trading at the volume of 56.0. This yields a 0.63 put-to-call volume ratio.
Open Interest Against 2024-12-20 Option Contracts
Gates Industrial 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 Gates Industrial's lending market. For example, when Gates Industrial'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 Gates Industrial, he or she must hedge the risk by shorting Gates Industrial stock over its option's life.
2024-12-20
The chart above shows Gates Industrial'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. Gates Industrial's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Gates Industrial's option, there is no secondary market available for investors to trade.
In The Money vs. Out of Money Option Contracts on Gates Industrial
Analyzing Gates Industrial's in-the-money options over time can help investors to take a profitable long position in Gates Industrial regardless of its overall volatility. This is especially true when Gates Industrial's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Gates Industrial's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Gates Industrial's stock while costing only a fraction of its price.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gates Industrial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Gates Industrial In The Money Call Balance
When Gates Industrial's strike price is surpassing the current stock price, the option contract against Gates Industrial stock is said to be in the money. When it comes to buying Gates Industrial'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 Gates Industrial 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.
Gates Current Options Market Mood
Gates Industrial'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 Gates 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
Unfortunately, most Gates Industrial's options investors are not very successful. Gates Industrial'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 Gates contract
Base on the Rule 16, the options market is currently suggesting that Gates Industrial will have an average daily up or down price movement of about 0.11% per day over the life of the 2024-12-20 option contract. With Gates Industrial trading at USD 22.22, that is roughly USD 0.0244. If you think that the market is fully incorporating Gates Industrial's daily price movement you should consider buying Gates Industrial options at the current volatility level of 1.76%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Gates |
Purchasing Gates Industrial 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" Gates calls. Remember, the seller must deliver Gates Industrial stock to the call owner when a call is exercised.
Gates Industrial Option Chain
When Gates Industrial's strike price is surpassing the current stock price, the option contract against Gates Industrial 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.
Gates Industrial's option chain is a display of a range of information that helps investors for ways to trade options on Gates. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Gates. It also shows strike prices and maturity days for a Gates Industrial 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 | GTES Option Call 20-12-2024 7 | 1 | 2024-12-20 | 12.9 - 16.3 | 13.63 | In |
Call | GTES Option Call 20-12-2024 17 | 110 | 2024-12-20 | 4.5 - 4.9 | 3.7 | In |
Call | GTES Option Call 20-12-2024 20 | 37 | 2024-12-20 | 2.05 - 2.35 | 2.4 | In |
Call | GTES Option Call 20-12-2024 22 | 317 | 2024-12-20 | 0.2 - 0.35 | 0.27 | Out |
Put | GTES Option Put 20-12-2024 20 | 109 | 2024-12-20 | 0.0 - 0.2 | 0.18 | Out |
Put | GTES Option Put 20-12-2024 22 | 120 | 2024-12-20 | 0.5 - 0.65 | 0.25 | In |
Gates Total Stockholder Equity
Total Stockholder Equity |
|
Gates Industrial Corporate Directors
| Julia Kahr | Non-Executive Independent Director | Profile | |
| Terry Klebe | Non-Executive Independent Director | Profile | |
| Molly Zhang | Non-Executive Independent Director | Profile | |
| James Ireland | Non-Executive Independent Director | Profile |
Additional Tools for Gates Stock Analysis
When running Gates Industrial's price analysis, check to measure Gates Industrial'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 Gates Industrial is operating at the current time. Most of Gates Industrial's value examination focuses on studying past and present price action to predict the probability of Gates Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gates Industrial's price. Additionally, you may evaluate how the addition of Gates Industrial to your portfolios can decrease your overall portfolio volatility.