Harmony Biosciences Stock Options

HRMY Stock  USD 33.21  0.22  0.67%   
Harmony Biosciences' latest option contracts expiring on May 16th 2025 are carrying combined implied volatility of 0.87 with a put-to-call open interest ratio of 0.02 over 18 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on May 16th 2025.

Open Interest Against May 16th 2025 Option Contracts

Harmony Biosciences 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 Biosciences' lending market. For example, when Harmony Biosciences' 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 Biosciences, he or she must hedge the risk by shorting Harmony Biosciences stock over its option's life.
The chart above shows Harmony Biosciences' 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 Biosciences' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Harmony Biosciences' option, there is no secondary market available for investors to trade.

Harmony Biosciences Maximum Pain Price Across 2025-05-16 Option Contracts

Max pain occurs when Harmony Biosciences' market makers reach a net positive position across all Harmony Biosciences' options at a strike price where option holders stand to lose the most money. By contrast, Harmony Biosciences' 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 Biosciences

Analyzing Harmony Biosciences' in-the-money options over time can help investors to take a profitable long position in Harmony Biosciences regardless of its overall volatility. This is especially true when Harmony Biosciences' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Harmony Biosciences' options could be used as guardians of the underlying stock as they move almost dollar for dollar with Harmony Biosciences' stock while costing only a fraction of its price.

Harmony Biosciences In The Money Call Balance

When Harmony Biosciences' strike price is surpassing the current stock price, the option contract against Harmony Biosciences Holdings stock is said to be in the money. When it comes to buying Harmony Biosciences' 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 Biosciences Holdings 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 Biosciences' 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

Most options investors, including buyers and sellers of Harmony Biosciences' calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Harmony Biosciences' 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 Biosciences Holdings will have an average daily up or down price movement of about 0.0544% per day over the life of the 2025-05-16 option contract. With Harmony Biosciences trading at USD 33.21, that is roughly USD 0.0181. If you think that the market is fully incorporating Harmony Biosciences' daily price movement you should consider buying Harmony Biosciences Holdings options at the current volatility level of 0.87%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Harmony Biosciences 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 Biosciences Holdings stock to the call owner when a call is exercised.

Harmony Biosciences Option Chain

When Harmony Biosciences' strike price is surpassing the current stock price, the option contract against Harmony Biosciences Holdings 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 Biosciences' 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 Biosciences 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
HRMY250516C00050000050.00.0 - 2.152.15Out
Call
HRMY250516C00045000045.00.0 - 0.50.5Out
Call
HRMY250516C000400005240.00.05 - 1.51.5Out
Call
HRMY250516C00035000035.01.2 - 2.651.2Out
Call
HRMY250516C00030000030.03.9 - 5.63.9In
Call
HRMY250516C00025000025.07.5 - 9.57.5In
Call
HRMY250516C00022500022.59.4 - 11.79.4In
Call
HRMY250516C00020000020.012.1 - 14.312.1In
Call
HRMY250516C00017500017.514.0 - 17.014.0In
 Put
HRMY250516P00050000050.015.6 - 18.815.6In
 Put
HRMY250516P00045000045.010.9 - 13.510.9In
 Put
HRMY250516P00040000040.05.8 - 8.45.8In
 Put
HRMY250516P00035000135.01.95 - 4.43.5In
 Put
HRMY250516P00030000030.00.05 - 2.30.05Out
 Put
HRMY250516P00025000025.00.0 - 1.651.65Out
 Put
HRMY250516P00022500022.50.0 - 1.451.45Out
 Put
HRMY250516P00020000020.00.0 - 2.22.2Out
 Put
HRMY250516P00017500017.50.0 - 2.152.15Out

Harmony Biosciences Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

Harmony Biosciences Market Cap Over Time

   Market Cap   
       Timeline  

Harmony Total Stockholder Equity

Total Stockholder Equity

692.11 Million

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

Harmony Biosciences Corporate Management

Brennan DoyleVP RelationsProfile
Audrey MurphyHead ResourcesProfile
David BradshawHead OperationsProfile
Cate McCanlessHead PolicyProfile
MBA JDExecutive OfficerProfile
Audrey SPHRHead ResourcesProfile
Jeffrey AroninFounder ChairmanProfile

Additional Tools for Harmony Stock Analysis

When running Harmony Biosciences' price analysis, check to measure Harmony Biosciences' 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 Biosciences is operating at the current time. Most of Harmony Biosciences' value examination focuses on studying past and present price action to predict the probability of Harmony Biosciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harmony Biosciences' price. Additionally, you may evaluate how the addition of Harmony Biosciences to your portfolios can decrease your overall portfolio volatility.