Myers Industries Stock Options
| MYE Stock | USD 10.97 0.22 2.05% |
Myers Industries' latest option contracts expiring on January 17th 2025 are carrying combined implied volatility of 1.22. The Myers Industries option chain provides detailed quote and price information for the current Myers Industries option contracts. It shows all of Myers Industries' listed puts, calls, expiration dates, strike prices, and other pricing information.
In The Money vs. Out of Money Option Contracts on Myers Industries
Analyzing Myers Industries' in-the-money options over time can help investors to take a profitable long position in Myers Industries regardless of its overall volatility. This is especially true when Myers Industries' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Myers Industries' options could be used as guardians of the underlying stock as they move almost dollar for dollar with Myers Industries' stock while costing only a fraction of its price.
Myers Industries' stock options are financial instruments that give investors the right to buy or sell shares of Myers Industries common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Myers stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Myers Industries' stock price goes up or down, the stock options follow.
The current year's Other Stockholder Equity is expected to grow to about 304.8 M, whereas Total Stockholder Equity is forecasted to decline to about 195.2 M. Myers Industries In The Money Call Balance
When Myers Industries' strike price is surpassing the current stock price, the option contract against Myers Industries stock is said to be in the money. When it comes to buying Myers Industries' 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 Myers Industries 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.
Myers Current Options Market Mood
Myers Industries' 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 Myers 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 Myers Industries' options investors are not very successful. Myers Industries' 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 Myers contract
Base on the Rule 16, the options market is currently suggesting that Myers Industries will have an average daily up or down price movement of about 0.0763% per day over the life of the 2025-01-17 option contract. With Myers Industries trading at USD 10.97, that is roughly USD 0.008365. If you think that the market is fully incorporating Myers Industries' daily price movement you should consider buying Myers Industries options at the current volatility level of 1.22%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
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Purchasing Myers Industries 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" Myers calls. Remember, the seller must deliver Myers Industries stock to the call owner when a call is exercised.
Myers Industries Option Chain
When Myers Industries' strike price is surpassing the current stock price, the option contract against Myers Industries 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.
Myers Industries' option chain is a display of a range of information that helps investors for ways to trade options on Myers. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Myers. It also shows strike prices and maturity days for a Myers Industries 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 | MYE250117C00002500 | 0 | 2.5 | 7.0 - 10.3 | 7.0 | In |
Call | MYE250117C00005000 | 0 | 5.0 | 4.4 - 7.8 | 4.4 | In |
Call | MYE250117C00007500 | 0 | 7.5 | 2.8 - 5.3 | 2.8 | In |
Call | MYE250117C00010000 | 0 | 10.0 | 1.0 - 1.35 | 1.03 | In |
Call | MYE250117C00012500 | 0 | 12.5 | 0.0 - 1.15 | 1.15 | |
Call | MYE250117C00015000 | 0 | 15.0 | 0.0 - 0.4 | 0.4 | |
Call | MYE250117C00017500 | 0 | 17.5 | 0.0 - 0.9 | 0.9 | |
Call | MYE250117C00020000 | 0 | 20.0 | 0.0 - 0.9 | 0.9 | |
Call | MYE250117C00022500 | 0 | 22.5 | 0.0 - 0.9 | 0.9 | |
Put | MYE250117P00002500 | 0 | 2.5 | 0.0 - 0.7 | 0.7 | |
Put | MYE250117P00005000 | 0 | 5.0 | 0.0 - 0.7 | 0.7 | |
Put | MYE250117P00007500 | 0 | 7.5 | 0.0 - 0.7 | 0.7 | |
Put | MYE250117P00010000 | 0 | 10.0 | 0.0 - 1.3 | 1.3 | |
Put | MYE250117P00012500 | 0 | 12.5 | 0.0 - 3.5 | 3.5 | In |
Put | MYE250117P00015000 | 0 | 15.0 | 2.7 - 6.0 | 2.7 | In |
Put | MYE250117P00017500 | 0 | 17.5 | 5.0 - 8.4 | 5.0 | In |
Put | MYE250117P00020000 | 0 | 20.0 | 7.4 - 10.9 | 7.4 | In |
Put | MYE250117P00022500 | 0 | 22.5 | 10.5 - 13.4 | 10.5 | In |
Myers Industries Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
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Myers Industries Market Cap Over Time
Market Cap |
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Myers Total Stockholder Equity
Total Stockholder Equity |
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Myers Industries Corporate Directors
| Sarah Coffin | Independent Director | Profile | |
| Bruce Lisman | Independent Director | Profile | |
| Ronald Feo | Independent Director | Profile | |
| Robert Stefanko | Independent Director | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Myers Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. For information on how to trade Myers Stock refer to our How to Trade Myers Stock guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Metal, Glass & Plastic Containers 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 Myers Industries. If investors know Myers 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 Myers Industries 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 (0.04) | Dividend Share 0.54 | Earnings Share 0.42 | Revenue Per Share | Quarterly Revenue Growth 0.037 |
The market value of Myers Industries is measured differently than its book value, which is the value of Myers that is recorded on the company's balance sheet. Investors also form their own opinion of Myers Industries' value that differs from its market value or its book value, called intrinsic value, which is Myers Industries' 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 Myers Industries' market value can be influenced by many factors that don't directly affect Myers Industries' 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 Myers Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Myers Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Myers Industries' 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.