HMY250221P00014000 Option on Harmony Gold Mining
| HMY Stock | USD 8.34 0.14 1.65% |
Harmony Gold's latest option contracts expiring on January 17th 2025 are carrying combined implied volatility of 1.96. The Harmony Gold option chain provides detailed quote and price information for the current Harmony Gold Mining option contracts. It shows all of Harmony Gold's listed puts, calls, expiration dates, strike prices, and other pricing information.
In The Money vs. Out of Money Option Contracts on Harmony Gold
Analyzing Harmony Gold's in-the-money options over time can help investors to take a profitable long position in Harmony Gold regardless of its overall volatility. This is especially true when Harmony Gold's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Harmony Gold's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Harmony Gold's stock while costing only a fraction of its price.
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 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 0.12% per day over the life of the 2025-01-17 option contract. With Harmony Gold trading at USD 8.34, that is roughly USD 0.0102. 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 1.96%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Harmony |
Purchasing Harmony Gold 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" Harmony calls. Remember, the seller must deliver Harmony Gold Mining stock to the call owner when a call is exercised.
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 | Strike Price | Current Spread | Last Price | |||
Call | HMY250117C00001000 | 0 | 1.0 | 5.9 - 10.0 | 5.9 | In |
Call | HMY250117C00002000 | 0 | 2.0 | 4.9 - 9.0 | 4.9 | In |
Call | HMY250117C00003000 | 0 | 3.0 | 3.9 - 8.0 | 3.9 | In |
Call | HMY250117C00004000 | 0 | 4.0 | 2.9 - 7.0 | 2.9 | In |
Call | HMY250117C00005000 | 0 | 5.0 | 3.1 - 4.4 | 3.1 | In |
Call | HMY250117C00006000 | 0 | 6.0 | 1.0 - 4.9 | 1.0 | In |
Call | HMY250117C00007000 | 0 | 7.0 | 1.1 - 3.8 | 1.1 | In |
Call | HMY250117C00008000 | 0 | 8.0 | 1.15 - 1.3 | 1.25 | In |
Call | HMY250117C00009000 | 0 | 9.0 | 0.6 - 0.8 | 0.6 | |
Call | HMY250117C00010000 | 0 | 10.0 | 0.0 - 0.45 | 0.45 | |
Put | HMY250117P00001000 | 0 | 1.0 | 0.0 - 1.0 | 1.0 | |
Put | HMY250117P00002000 | 0 | 2.0 | 0.0 - 2.15 | 2.15 | |
Put | HMY250117P00003000 | 0 | 3.0 | 0.0 - 2.15 | 2.15 | |
Put | HMY250117P00004000 | 0 | 4.0 | 0.0 - 2.15 | 2.15 | |
Put | HMY250117P00005000 | 0 | 5.0 | 0.0 - 2.15 | 2.15 | |
Put | HMY250117P00006000 | 0 | 6.0 | 0.0 - 2.15 | 2.15 | |
Put | HMY250117P00007000 | 0 | 7.0 | 0.05 - 0.25 | 0.05 | |
Put | HMY250117P00008000 | 0 | 8.0 | 0.0 - 0.45 | 0.45 | |
Put | HMY250117P00009000 | 0 | 9.0 | 0.0 - 0.95 | 0.95 | In |
Put | HMY250117P00010000 | 0 | 10.0 | 1.3 - 2.2 | 1.3 | 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.