Harmony Gold Stock Options Expiring on 16th of May 2025
HMY Stock | USD 9.29 0.08 0.87% |
Harmony Gold's latest option contracts expiring on 2025-05-16 are carrying combined implied volatility of 0.66 with a put-to-call open interest ratio of 0.4 over 26 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on 2025-05-16. The total put volume is at 74.0, with calls trading at the volume of 74.0. This yields a 0.05 put-to-call volume ratio.
Open Interest Against 2025-05-16 Option Contracts
Harmony Gold 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 Harmony Gold's lending market. For example, when Harmony Gold'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 Harmony Gold, he or she must hedge the risk by shorting Harmony Gold stock over its option's life.
2025-05-16
The chart above shows Harmony Gold'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. Harmony Gold's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Harmony Gold's option, there is no secondary market available for investors to trade.
Harmony Gold Maximum Pain Price across 2025-05-16 Option Contracts
Max pain occurs when Harmony Gold's market makers reach a net positive position across all Harmony Gold's options at a strike price where option holders stand to lose the most money. By contrast, Harmony Gold's option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Harmony Gold Mining. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
Harmony Gold Mining In The Money Call Balance
When Harmony Gold's strike price is surpassing the current stock price, the option contract against Harmony Gold Mining stock is said to be in the money. When it comes to buying Harmony Gold'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 Harmony Gold Mining 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.
Harmony Current Options Market Mood
Harmony Gold'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 Harmony 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 Harmony Gold's options investors are not very successful. Harmony Gold'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 Harmony contract
Base on the Rule 16, the options market is currently suggesting that Harmony Gold Mining will have an average daily up or down price movement of about 0.0413% per day over the life of the 2025-05-16 option contract. With Harmony Gold trading at USD 9.29, that is roughly USD 0.003832. If you think that the market is fully incorporating Harmony Gold's daily price movement you should consider buying Harmony Gold Mining options at the current volatility level of 0.66%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Harmony |
Harmony Gold Option Chain
When Harmony Gold's strike price is surpassing the current stock price, the option contract against Harmony Gold Mining 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.
Harmony Gold's option chain is a display of a range of information that helps investors for ways to trade options on Harmony. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Harmony. It also shows strike prices and maturity days for a Harmony Gold 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 | HMY Option Call 16-05-2025 4 | 5 | 2025-05-16 | 5.6 - 7.1 | 6.0 | In |
Call | HMY Option Call 16-05-2025 5 | 35 | 2025-05-16 | 3.7 - 5.9 | 4.1 | In |
Call | HMY Option Call 16-05-2025 6 | 0 | 2025-05-16 | 2.1 - 3.9 | 3.5 | In |
Call | HMY Option Call 16-05-2025 7 | 40 | 2025-05-16 | 1.35 - 4.5 | 2.55 | In |
Call | HMY Option Call 16-05-2025 8 | 179 | 2025-05-16 | 1.85 - 2.25 | 1.9 | In |
Call | HMY Option Call 16-05-2025 9 | 169 | 2025-05-16 | 1.0 - 1.4 | 1.45 | In |
Call | HMY Option Call 16-05-2025 10 | 387 | 2025-05-16 | 0.85 - 1.0 | 0.97 | Out |
Call | HMY Option Call 16-05-2025 11 | 1118 | 2025-05-16 | 0.6 - 0.7 | 0.7 | Out |
Call | HMY Option Call 16-05-2025 12 | 548 | 2025-05-16 | 0.4 - 0.5 | 0.5 | Out |
Call | HMY Option Call 16-05-2025 13 | 410 | 2025-05-16 | 0.25 - 0.35 | 0.33 | Out |
Call | HMY Option Call 16-05-2025 14 | 63 | 2025-05-16 | 0.15 - 0.3 | 0.24 | Out |
Call | HMY Option Call 16-05-2025 15 | 178 | 2025-05-16 | 0.1 - 0.25 | 0.21 | Out |
Call | HMY Option Call 16-05-2025 16 | 407 | 2025-05-16 | 0.1 - 0.25 | 0.8 | Out |
Call | HMY Option Call 16-05-2025 17 | 703 | 2025-05-16 | 0.1 - 1.2 | 0.65 | Out |
Call | HMY Option Call 16-05-2025 18 | 12 | 2025-05-16 | 0.0 - 0.15 | 0.45 | Out |
Call | HMY Option Call 16-05-2025 20 | 2 | 2025-05-16 | 0.05 - 0.15 | 0.07 | Out |
Put | HMY Option Put 16-05-2025 5 | 1 | 2025-05-16 | 0.0 - 0.45 | 0.2 | Out |
Put | HMY Option Put 16-05-2025 6 | 82 | 2025-05-16 | 0.0 - 0.25 | 0.1 | Out |
Put | HMY Option Put 16-05-2025 7 | 143 | 2025-05-16 | 0.2 - 0.35 | 0.32 | Out |
Put | HMY Option Put 16-05-2025 8 | 1023 | 2025-05-16 | 0.25 - 0.6 | 0.6 | Out |
Put | HMY Option Put 16-05-2025 9 | 271 | 2025-05-16 | 0.9 - 1.0 | 1.0 | Out |
Put | HMY Option Put 16-05-2025 10 | 86 | 2025-05-16 | 1.4 - 1.6 | 1.52 | In |
Put | HMY Option Put 16-05-2025 11 | 77 | 2025-05-16 | 1.35 - 2.3 | 2.62 | In |
Put | HMY Option Put 16-05-2025 12 | 2 | 2025-05-16 | 1.15 - 3.1 | 3.2 | In |
Put | HMY Option Put 16-05-2025 15 | 0 | 2025-05-16 | 0.0 - 0.0 | 4.1 | In |
Put | HMY Option Put 16-05-2025 16 | 3 | 2025-05-16 | 5.2 - 8.0 | 6.8 | In |
Harmony Total Stockholder Equity
Total Stockholder Equity |
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Harmony Gold Corporate Directors
BA Ed | Executive Director | Profile | |
Boipelo Lekubo | Finance Director, Executive Director | Profile | |
Max Sisulu | Non-Executive Independent Director | Profile | |
Joaquim Chissano | Non-Executive Independent Director | Profile |
Additional Tools for Harmony Stock Analysis
When running Harmony Gold's price analysis, check to measure Harmony Gold'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 Harmony Gold is operating at the current time. Most of Harmony Gold's value examination focuses on studying past and present price action to predict the probability of Harmony Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harmony Gold's price. Additionally, you may evaluate how the addition of Harmony Gold to your portfolios can decrease your overall portfolio volatility.