IDACORP Stock Options
| IDA Stock | USD 115.06 0.37 0.32% |
IDACORP's latest option contracts expiring on May 16th 2025 are carrying combined implied volatility of 0.35 with a put-to-call open interest ratio of 44.0 over 25 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on May 16th 2025. The IDACORP option chain provides detailed quote and price information for the current IDACORP option contracts. It shows all of IDACORP's listed puts, calls, expiration dates, strike prices, and other pricing information.
Open Interest Against May 16th 2025 Option Contracts
2025-05-16
The chart above shows IDACORP'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. IDACORP's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for IDACORP's option, there is no secondary market available for investors to trade.
In The Money vs. Out of Money Option Contracts on IDACORP
Analyzing IDACORP's in-the-money options over time can help investors to take a profitable long position in IDACORP regardless of its overall volatility. This is especially true when IDACORP's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money IDACORP's options could be used as guardians of the underlying stock as they move almost dollar for dollar with IDACORP's stock while costing only a fraction of its price.
IDACORP's stock options are financial instruments that give investors the right to buy or sell shares of IDACORP common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell IDACORP stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If IDACORP's stock price goes up or down, the stock options follow.
The current year's Issuance Of Capital Stock is expected to grow to about 313.4 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 46.7 M. IDACORP In The Money Call Balance
When IDACORP's strike price is surpassing the current stock price, the option contract against IDACORP stock is said to be in the money. When it comes to buying IDACORP'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 IDACORP 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.
IDACORP Current Options Market Mood
IDACORP'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 IDACORP 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 IDACORP's options investors are not very successful. IDACORP'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 IDACORP contract
Base on the Rule 16, the options market is currently suggesting that IDACORP will have an average daily up or down price movement of about 0.0219% per day over the life of the 2025-05-16 option contract. With IDACORP trading at USD 115.06, that is roughly USD 0.0252. If you think that the market is fully incorporating IDACORP's daily price movement you should consider buying IDACORP options at the current volatility level of 0.35%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
IDACORP |
Purchasing IDACORP 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" IDACORP calls. Remember, the seller must deliver IDACORP stock to the call owner when a call is exercised.
IDACORP Option Chain
When IDACORP's strike price is surpassing the current stock price, the option contract against IDACORP 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.
IDACORP's option chain is a display of a range of information that helps investors for ways to trade options on IDACORP. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for IDACORP. It also shows strike prices and maturity days for a IDACORP 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 | IDA250516C00150000 | 0 | 150.0 | 0.0 - 2.15 | 2.15 | |
Call | IDA250516C00145000 | 0 | 145.0 | 0.0 - 2.15 | 2.15 | |
Call | IDA250516C00140000 | 0 | 140.0 | 0.0 - 2.15 | 2.15 | |
Call | IDA250516C00135000 | 0 | 135.0 | 0.0 - 2.15 | 2.15 | |
Call | IDA250516C00130000 | 0 | 130.0 | 0.0 - 2.2 | 2.2 | |
Call | IDA250516C00125000 | 1 | 125.0 | 0.0 - 3.3 | 1.5 | Out |
Call | IDA250516C00120000 | 2 | 120.0 | 0.0 - 4.8 | 1.8 | Out |
Call | IDA250516C00115000 | 5 | 115.0 | 2.0 - 6.8 | 4.2 | Out |
Call | IDA250516C00110000 | 5 | 110.0 | 5.0 - 9.8 | 2.3 | In |
Call | IDA250516C00105000 | 3 | 105.0 | 9.8 - 13.4 | 16.19 | In |
Call | IDA250516C00080000 | 2 | 80.0 | 33.9 - 37.8 | 29.82 | In |
Put | IDA250516P00150000 | 0 | 150.0 | 32.9 - 36.9 | 32.9 | In |
Put | IDA250516P00145000 | 0 | 145.0 | 27.8 - 31.9 | 27.8 | In |
Put | IDA250516P00140000 | 0 | 140.0 | 22.5 - 27.4 | 22.5 | In |
Put | IDA250516P00135000 | 0 | 135.0 | 17.9 - 21.8 | 17.9 | In |
Put | IDA250516P00130000 | 0 | 130.0 | 13.3 - 17.5 | 13.3 | In |
Put | IDA250516P00125000 | 0 | 125.0 | 8.0 - 12.8 | 8.0 | In |
Put | IDA250516P00120000 | 4 | 120.0 | 4.5 - 9.3 | 3.8 | In |
Put | IDA250516P00115000 | 2 | 115.0 | 1.5 - 6.3 | 3.4 | Out |
Put | IDA250516P00110000 | 1 | 110.0 | 0.0 - 2.95 | 1.7 | Out |
Put | IDA250516P00105000 | 0 | 105.0 | 0.0 - 4.8 | 4.8 | |
Put | IDA250516P00100000 | 200 | 100.0 | 0.0 - 1.1 | 1.05 | Out |
Put | IDA250516P00090000 | 581 | 90.0 | 0.2 - 0.4 | 0.38 | Out |
Put | IDA250516P00085000 | 2 | 85.0 | 0.0 - 2.35 | 1.8 | Out |
Put | IDA250516P00075000 | 2 | 75.0 | 0.0 - 2.25 | 0.25 | Out |
IDACORP Total Stockholder Equity
Total Stockholder Equity |
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IDACORP Corporate Directors
| Annette Elg | Independent Director | Profile | |
| Richard Navarro | Independent Director | Profile | |
| Ronald Jibson | Independent Director | Profile | |
| Justin Forsberg | Director - Investor Relations | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IDACORP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade IDACORP Stock refer to our How to Trade IDACORP Stock guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of IDACORP. If investors know IDACORP will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about IDACORP listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.147 | Dividend Share 3.35 | Earnings Share 5.5 | Revenue Per Share | Quarterly Revenue Growth (0.03) |
The market value of IDACORP is measured differently than its book value, which is the value of IDACORP that is recorded on the company's balance sheet. Investors also form their own opinion of IDACORP's value that differs from its market value or its book value, called intrinsic value, which is IDACORP's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IDACORP's market value can be influenced by many factors that don't directly affect IDACORP's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IDACORP's value and its price as these two are different measures arrived at by different means. Investors typically determine if IDACORP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IDACORP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.