HMY250516C00005000 Option on Harmony Gold Mining

An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Harmony Gold positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Harmony Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.

Harmony Gold's Option Greeks for the contract ending on 2025-05-16 at a strike price of 5.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Harmony Gold's option greeks, its implied volatility helps estimate the risk of Harmony Gold stock implied by the prices of the options on Harmony Gold's stock.

Put options written on Harmony Gold grant holders of the option the right to sell a specified amount of Harmony Gold at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Harmony Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Harmony Gold is like buying insurance aginst Harmony Gold's downside shift.

By selling Harmony Gold's put option, the investors signal their bearish sentiment. A short position in a put option written on Harmony Gold will generally make money when the underlying price is above the strike price. Therefore Harmony Gold's put payoff at expiration depends on where the Harmony Stock price is relative to the put option strike price. The breakeven price of 10.4 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Harmony Gold's price. Finally, at the strike price of 5.0, the payoff chart is constant and positive.

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.

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.