HMY250516C00007000 Option on Harmony Gold Mining

HMY Stock  USD 9.77  0.31  3.28%   
Harmony Gold's latest option contracts expiring on March 21st 2025 are carrying combined implied volatility of 0.71. 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.

Harmony Gold Maximum Pain Price Across 2025-03-21 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.

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 0.0444% per day over the life of the 2025-03-21 option contract. With Harmony Gold trading at USD 9.77, that is roughly USD 0.004335. 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 0.71%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
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 IntStrike PriceCurrent SpreadLast Price
Call
HMY250321C0000800008.01.9 - 2.052.05In
Call
HMY250321C0000900009.01.15 - 2.91.19In
Call
HMY250321C00010000010.00.6 - 0.750.6Out
Call
HMY250321C00011000011.00.3 - 0.40.36Out
Call
HMY250321C00012000012.00.1 - 1.850.1Out
Call
HMY250321C00013000013.00.0 - 1.151.15Out
Call
HMY250321C00014000014.00.0 - 1.11.1Out
Call
HMY250321C00015000015.00.0 - 0.150.15Out
Call
HMY250321C00016000016.00.0 - 1.651.65Out
Call
HMY250321C00017000017.00.0 - 0.750.75Out
 Put
HMY250321P0000800008.00.1 - 0.20.1Out
 Put
HMY250321P0000900009.00.0 - 1.451.45Out
 Put
HMY250321P00010000010.00.0 - 1.751.75In
 Put
HMY250321P00011000011.00.0 - 3.23.2In
 Put
HMY250321P00012000012.01.35 - 3.71.35In
 Put
HMY250321P00013000013.01.7 - 4.81.7In
 Put
HMY250321P00014000014.02.7 - 5.92.7In
 Put
HMY250321P00015000015.03.6 - 6.93.6In
 Put
HMY250321P00016000016.04.6 - 7.94.6In
 Put
HMY250321P00017000017.05.6 - 8.95.6In

Harmony Total Stockholder Equity

Total Stockholder Equity

25.22 Billion

At this time, Harmony Gold's Total Stockholder Equity is fairly stable compared to the past year.

Harmony Gold Corporate Directors

BA EdExecutive DirectorProfile
Boipelo LekuboFinance Director, Executive DirectorProfile
Max SisuluNon-Executive Independent DirectorProfile
Joaquim ChissanoNon-Executive Independent DirectorProfile

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.