Legacy Housing Stock Options
| LEGH Stock | USD 23.16 0.57 2.40% |
Legacy Housing's latest option contracts expiring on January 17th 2025 are carrying combined implied volatility of 0.22. The Legacy Housing option chain provides detailed quote and price information for the current Legacy Housing Corp option contracts. It shows all of Legacy Housing's listed puts, calls, expiration dates, strike prices, and other pricing information.
In The Money vs. Out of Money Option Contracts on Legacy Housing
Analyzing Legacy Housing's in-the-money options over time can help investors to take a profitable long position in Legacy Housing regardless of its overall volatility. This is especially true when Legacy Housing's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Legacy Housing's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Legacy Housing's stock while costing only a fraction of its price.
Legacy Current Options Market Mood
Legacy Housing'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 Legacy 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
Most options investors, including buyers and sellers of Legacy Housing's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Legacy Housing'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 Legacy contract
Base on the Rule 16, the options market is currently suggesting that Legacy Housing Corp will have an average daily up or down price movement of about 0.0138% per day over the life of the 2025-01-17 option contract. With Legacy Housing trading at USD 23.16, that is roughly USD 0.003185. If you think that the market is fully incorporating Legacy Housing's daily price movement you should consider buying Legacy Housing Corp options at the current volatility level of 0.22%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
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Purchasing Legacy Housing 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" Legacy calls. Remember, the seller must deliver Legacy Housing Corp stock to the call owner when a call is exercised.
Legacy Housing Option Chain
When Legacy Housing's strike price is surpassing the current stock price, the option contract against Legacy Housing Corp 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.
Legacy Housing's option chain is a display of a range of information that helps investors for ways to trade options on Legacy. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Legacy. It also shows strike prices and maturity days for a Legacy Housing 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 | LEGH250117C00012500 | 0 | 12.5 | 9.6 - 14.0 | 9.6 | |
Call | LEGH250117C00015000 | 0 | 15.0 | 7.3 - 11.5 | 7.3 | |
Call | LEGH250117C00017500 | 0 | 17.5 | 5.9 - 9.5 | 5.9 | |
Call | LEGH250117C00020000 | 0 | 20.0 | 3.6 - 7.4 | 3.6 | |
Call | LEGH250117C00022500 | 0 | 22.5 | 1.1 - 5.9 | 1.1 | |
Call | LEGH250117C00025000 | 0 | 25.0 | 0.15 - 4.8 | 0.15 | |
Call | LEGH250117C00027500 | 0 | 27.5 | 0.0 - 2.15 | 2.15 | |
Call | LEGH250117C00030000 | 0 | 30.0 | 0.0 - 4.8 | 4.8 | |
Call | LEGH250117C00035000 | 0 | 35.0 | 0.0 - 4.8 | 4.8 | |
Call | LEGH250117C00040000 | 0 | 40.0 | 0.0 - 2.75 | 2.75 | |
Put | LEGH250117P00012500 | 0 | 12.5 | 0.0 - 0.7 | 0.7 | |
Put | LEGH250117P00015000 | 0 | 15.0 | 0.0 - 5.0 | 5.0 | |
Put | LEGH250117P00017500 | 0 | 17.5 | 0.0 - 4.7 | 4.7 | |
Put | LEGH250117P00020000 | 0 | 20.0 | 0.0 - 4.8 | 4.8 | |
Put | LEGH250117P00022500 | 0 | 22.5 | 0.0 - 4.9 | 4.9 | |
Put | LEGH250117P00025000 | 0 | 25.0 | 0.55 - 5.2 | 0.55 | |
Put | LEGH250117P00027500 | 0 | 27.5 | 1.9 - 3.7 | 1.9 | In |
Put | LEGH250117P00030000 | 0 | 30.0 | 4.1 - 8.4 | 4.1 | |
Put | LEGH250117P00035000 | 0 | 35.0 | 9.0 - 13.7 | 9.0 | |
Put | LEGH250117P00040000 | 0 | 40.0 | 12.5 - 15.8 | 12.5 | In |
Legacy Housing Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
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Legacy Housing Market Cap Over Time
Market Cap |
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Legacy Total Stockholder Equity
Total Stockholder Equity |
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Legacy Housing Corporate Management
| Charles IV | Chief Officer | Profile | |
| Ronald Arrington | Chief Officer | Profile | |
| Jeffrey Fiedelman | Chief Officer | Profile | |
| Mary Saenz | Director Compliance | Profile | |
| Curtis Hodgson | CoFounder Chairman | Profile | |
| Mick Barker | Chief Manager | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legacy Housing Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Household Durables 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 Legacy Housing. If investors know Legacy 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 Legacy Housing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 2.13 | Revenue Per Share | Quarterly Revenue Growth (0.11) | Return On Assets | Return On Equity |
The market value of Legacy Housing Corp is measured differently than its book value, which is the value of Legacy that is recorded on the company's balance sheet. Investors also form their own opinion of Legacy Housing's value that differs from its market value or its book value, called intrinsic value, which is Legacy Housing'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 Legacy Housing's market value can be influenced by many factors that don't directly affect Legacy Housing'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 Legacy Housing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Legacy Housing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Legacy Housing'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.