MUSA Option Call 20-12-2024 400 Option on Murphy USA
MUSA Stock | USD 548.53 8.52 1.58% |
MUSA Option Call 20-12-2024 400 is a CALL option contract on Murphy USA's common stock with a strick price of 400.0 expiring on 2024-12-20. The contract was last traded on 2024-10-22 at 09:51:55 for $80.55 and, as of today, has 9 days remaining before the expiration. The option is currently trading at a bid price of $144.0, and an ask price of $148.5. The implied volatility as of the 11th of December 2024 is 9.0.
Murphy |
The strike price represents the predetermined price at which a call buyer can buy Murphy Stock. Call options may be purchased for speculation or sold for income purposes, or simply combined for various spread or combination strategies. If Murphy USA's price is above the strike price at expiry, the profit is the current Murphy USA's stock price, minus the strike price and the premium.
Rule 16 of 2024-12-20 Option Contract
The options market is anticipating that Murphy USA will have an average daily up or down price movement of about 0.0934% per day over the life of the option. With Murphy USA trading at USD 548.53, that is roughly USD 0.51. If you think that the market is fully understating Murphy USA's daily price movement you should consider buying Murphy USA options at that current volatility level of 1.49%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Call Option on Murphy USA
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 Murphy USA 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 Murphy Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract Name | MUSA Option Call 20-12-2024 400 |
Expires On | 2024-12-20 |
Days Before Expriration | 9 |
Last Traded On | 2024-10-22 09:51:55 |
Open Interest | 7 |
Current Trading Volume | 1.0 |
Strike Price | 400.0 |
Last Traded At | 80.55 |
Current Price Spread | 144.0 | 148.5 |
Rule 16 Daily Up or Down | USD 0.51 |
Murphy long CALL Option Payoff at expiration
Buying Murphy USA's call option is the simplest of option trades. A call option on Murphy Stock gives investors the right (but not the obligation) to purchase Murphy USA at the given strike price. Therefore Murphy USA's call intrinsic value or payoff at expiration depends on where the Murphy Stock price is relative to the call option strike price. The strike price of 400.0 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and negative (the trade is a loss). Above the strike, the payoff line is upward sloping as the option payoff rises in proportion with Murphy USA's price. Finally, at the break-even point of 400.0, the line crosses zero, and trading Murphy becomes profitable.
Profit |
Murphy USA Price At Expiration |
Murphy short CALL Option Payoff at expiration
By selling Murphy USA's call option, the investors signals his or her bearish sentiment. A short position in a call option written on Murphy USA will generally make money when the underlying price goes down. Therefore Murphy USA's call intrinsic value or payoff at expiration depends on where the Murphy Stock price is relative to the call option strike price. The strike price of 400.0 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and positive (the seller makes a profit). Above the strike, the payoff line is downward sloping as the option payoff drops in proportion to Murphy USA's price. Finally, at the break-even point of 400.0, the line crosses zero, and trading Murphy becomes disadvantageous with no downside limits.
Profit |
Murphy USA Price At Expiration |
Murphy USA Available Call Options
Murphy USA's option chain is a display of a range of information that helps investors for ways to trade options on Murphy. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Murphy. It also shows strike prices and maturity days for a Murphy USA 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 | Expiration | Current Spread | Last Price | |||
Call | MUSA Option Call 20-12-2024 185 | 1 | 2024-12-20 | 241.0 - 245.2 | 216.01 | In |
Call | MUSA Option Call 20-12-2024 210 | 1 | 2024-12-20 | 336.6 - 341.5 | 289.5 | In |
Call | MUSA Option Call 20-12-2024 230 | 2 | 2024-12-20 | 213.1 - 218.0 | 175.8 | In |
Call | MUSA Option Call 20-12-2024 240 | 1 | 2024-12-20 | 146.6 - 151.5 | 132.4 | In |
Call | MUSA Option Call 20-12-2024 250 | 3 | 2024-12-20 | 229.7 - 234.0 | 260.4 | In |
Call | MUSA Option Call 20-12-2024 270 | 1 | 2024-12-20 | 174.7 - 179.5 | 133.6 | In |
Call | MUSA Option Call 20-12-2024 280 | 1 | 2024-12-20 | 233.0 - 237.9 | 204.3 | In |
Call | MUSA Option Call 20-12-2024 290 | 2 | 2024-12-20 | 193.0 - 198.0 | 257.1 | In |
Call | MUSA Option Call 20-12-2024 300 | 2 | 2024-12-20 | 0.0 - 0.0 | 254.0 | In |
Call | MUSA Option Call 20-12-2024 320 | 2 | 2024-12-20 | 111.5 - 115.0 | 114.06 | In |
Call | MUSA Option Call 20-12-2024 340 | 1 | 2024-12-20 | 166.1 - 171.0 | 155.0 | In |
Call | MUSA Option Call 20-12-2024 350 | 4 | 2024-12-20 | 102.0 - 106.3 | 67.2 | In |
Call | MUSA Option Call 20-12-2024 360 | 3 | 2024-12-20 | 0.0 - 0.0 | 175.9 | In |
Call | MUSA Option Call 20-12-2024 370 | 3 | 2024-12-20 | 61.2 - 65.5 | 78.0 | In |
Call | MUSA Option Call 20-12-2024 380 | 0 | 2024-12-20 | 81.7 - 86.0 | 59.0 | In |
Call | MUSA Option Call 20-12-2024 390 | 4 | 2024-12-20 | 0.0 - 0.0 | 145.8 | In |
Call | MUSA Option Call 20-12-2024 400 | 7 | 2024-12-20 | 144.0 - 148.5 | 80.55 | In |
Call | MUSA Option Call 20-12-2024 410 | 2 | 2024-12-20 | 90.6 - 95.6 | 109.66 | In |
Call | MUSA Option Call 20-12-2024 420 | 0 | 2024-12-20 | 83.5 - 88.0 | 101.1 | In |
Call | MUSA Option Call 20-12-2024 430 | 2 | 2024-12-20 | 0.0 - 0.0 | 102.11 | In |
Call | MUSA Option Call 20-12-2024 440 | 4 | 2024-12-20 | 0.0 - 0.0 | 109.02 | In |
Call | MUSA Option Call 20-12-2024 450 | 17 | 2024-12-20 | 0.0 - 0.0 | 92.5 | In |
Call | MUSA Option Call 20-12-2024 460 | 17 | 2024-12-20 | 0.0 - 0.0 | 85.02 | In |
Call | MUSA Option Call 20-12-2024 470 | 15 | 2024-12-20 | 0.0 - 0.0 | 85.35 | In |
Call | MUSA Option Call 20-12-2024 480 | 24 | 2024-12-20 | 0.0 - 0.0 | 60.74 | In |
Call | MUSA Option Call 20-12-2024 490 | 5 | 2024-12-20 | 0.0 - 0.0 | 42.88 | In |
Call | MUSA Option Call 20-12-2024 500 | 11 | 2024-12-20 | 0.0 - 0.0 | 50.15 | In |
Call | MUSA Option Call 20-12-2024 510 | 7 | 2024-12-20 | 0.0 - 0.0 | 40.95 | In |
Call | MUSA Option Call 20-12-2024 520 | 6 | 2024-12-20 | 0.0 - 0.0 | 16.45 | In |
Call | MUSA Option Call 20-12-2024 530 | 13 | 2024-12-20 | 0.0 - 0.0 | 13.0 | In |
Call | MUSA Option Call 20-12-2024 540 | 58 | 2024-12-20 | 0.0 - 0.0 | 19.6 | In |
Call | MUSA Option Call 20-12-2024 560 | 6 | 2024-12-20 | 0.0 - 0.0 | 8.05 | Out |
Call | MUSA Option Call 20-12-2024 570 | 3 | 2024-12-20 | 0.0 - 0.0 | 2.4 | Out |
Call | MUSA Option Call 20-12-2024 580 | 6 | 2024-12-20 | 0.0 - 4.8 | 2.0 | Out |
Call | MUSA Option Call 20-12-2024 590 | 4 | 2024-12-20 | 0.0 - 0.0 | 1.4 | Out |
Call | MUSA Option Call 20-12-2024 600 | 2 | 2024-12-20 | 0.0 - 0.0 | 0.6 | Out |
Call | MUSA Option Call 20-12-2024 620 | 1 | 2024-12-20 | 2.5 - 7.1 | 1.45 | Out |
Call | MUSA Option Call 20-12-2024 640 | 2 | 2024-12-20 | 0.0 - 4.8 | 2.95 | Out |
Call | MUSA Option Call 20-12-2024 680 | 1 | 2024-12-20 | 0.0 - 4.8 | 3.0 | Out |
Call | MUSA Option Call 20-12-2024 720 | 2 | 2024-12-20 | 0.0 - 4.8 | 0.8 | Out |
Call | MUSA Option Call 20-12-2024 740 | 3 | 2024-12-20 | 0.0 - 0.0 | 0.15 | Out |
Murphy USA Corporate Directors
Jeanne Phillips | Independent Director | Profile | |
Fredric Holliger | Independent Director | Profile | |
David Miller | Independent Director | Profile | |
James Keyes | Independent Director | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Murphy USA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade Murphy Stock refer to our How to Trade Murphy Stock guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Automotive Retail 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 Murphy USA. If investors know Murphy 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 Murphy USA 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 (0.06) | Dividend Share 1.72 | Earnings Share 24.19 | Revenue Per Share 880.266 | Quarterly Revenue Growth (0.11) |
The market value of Murphy USA is measured differently than its book value, which is the value of Murphy that is recorded on the company's balance sheet. Investors also form their own opinion of Murphy USA's value that differs from its market value or its book value, called intrinsic value, which is Murphy USA'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 Murphy USA's market value can be influenced by many factors that don't directly affect Murphy USA'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 Murphy USA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Murphy USA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Murphy USA'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.