NXST241220P00070000 Option on Nexstar Broadcasting
| NXST Stock | USD 169.15 1.61 0.96% |
Nexstar Broadcasting's latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 0.94 with a put-to-call open interest ratio of 4.67 over 58 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on 2024-12-20. The total put volume is at 76.0, with calls trading at the volume of 76.0. This yields a 0.54 put-to-call volume ratio.
Open Interest Against 2024-12-20 Option Contracts
Nexstar Broadcasting 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 Nexstar Broadcasting's lending market. For example, when Nexstar Broadcasting's 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 Nexstar Broadcasting, he or she must hedge the risk by shorting Nexstar Broadcasting stock over its option's life.
2024-12-20
The chart above shows Nexstar Broadcasting'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. Nexstar Broadcasting's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Nexstar Broadcasting's option, there is no secondary market available for investors to trade.
In The Money vs. Out of Money Option Contracts on Nexstar Broadcasting
Analyzing Nexstar Broadcasting's in-the-money options over time can help investors to take a profitable long position in Nexstar Broadcasting regardless of its overall volatility. This is especially true when Nexstar Broadcasting's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Nexstar Broadcasting's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Nexstar Broadcasting's stock while costing only a fraction of its price.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nexstar Broadcasting Group. 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.
Nexstar Broadcasting In The Money Call Balance
When Nexstar Broadcasting's strike price is surpassing the current stock price, the option contract against Nexstar Broadcasting Group stock is said to be in the money. When it comes to buying Nexstar Broadcasting'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 Nexstar Broadcasting Group 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.
Nexstar Current Options Market Mood
Nexstar Broadcasting'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 Nexstar 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 Nexstar Broadcasting's options investors are not very successful. Nexstar Broadcasting'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 Nexstar contract
Base on the Rule 16, the options market is currently suggesting that Nexstar Broadcasting Group will have an average daily up or down price movement of about 0.0588% per day over the life of the 2024-12-20 option contract. With Nexstar Broadcasting trading at USD 169.15, that is roughly USD 0.0994. If you think that the market is fully incorporating Nexstar Broadcasting's daily price movement you should consider buying Nexstar Broadcasting Group options at the current volatility level of 0.94%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Nexstar |
Purchasing Nexstar Broadcasting 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" Nexstar calls. Remember, the seller must deliver Nexstar Broadcasting Group stock to the call owner when a call is exercised.
Nexstar Broadcasting Option Chain
When Nexstar Broadcasting's strike price is surpassing the current stock price, the option contract against Nexstar Broadcasting Group 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.
Nexstar Broadcasting's option chain is a display of a range of information that helps investors for ways to trade options on Nexstar. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Nexstar. It also shows strike prices and maturity days for a Nexstar Broadcasting 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 | NXST Option Call 20-12-2024 75 | 3 | 2024-12-20 | 94.7 - 99.5 | 76.5 | In |
Call | NXST Option Call 20-12-2024 80 | 7 | 2024-12-20 | 87.6 - 90.4 | 81.0 | In |
Call | NXST Option Call 20-12-2024 85 | 43 | 2024-12-20 | 91.0 - 96.0 | 76.43 | In |
Call | NXST Option Call 20-12-2024 90 | 5 | 2024-12-20 | 92.8 - 97.0 | 78.45 | In |
Call | NXST Option Call 20-12-2024 95 | 0 | 2024-12-20 | 0.0 - 0.0 | 70.9 | In |
Call | NXST Option Call 20-12-2024 100 | 0 | 2024-12-20 | 0.0 - 0.0 | 66.0 | In |
Call | NXST Option Call 20-12-2024 105 | 0 | 2024-12-20 | 0.0 - 0.0 | 61.0 | In |
Call | NXST Option Call 20-12-2024 110 | 0 | 2024-12-20 | 0.0 - 0.0 | 56.0 | In |
Call | NXST Option Call 20-12-2024 115 | 3 | 2024-12-20 | 42.5 - 47.0 | 53.84 | In |
Call | NXST Option Call 20-12-2024 120 | 0 | 2024-12-20 | 0.0 - 0.0 | 46.1 | In |
Call | NXST Option Call 20-12-2024 130 | 0 | 2024-12-20 | 39.6 - 44.3 | 48.22 | In |
Call | NXST Option Call 20-12-2024 135 | 17 | 2024-12-20 | 29.2 - 32.1 | 26.6 | In |
Call | NXST Option Call 20-12-2024 140 | 15 | 2024-12-20 | 27.3 - 30.4 | 33.61 | In |
Call | NXST Option Call 20-12-2024 145 | 0 | 2024-12-20 | 0.0 - 0.0 | 25.6 | In |
Call | NXST Option Call 20-12-2024 150 | 0 | 2024-12-20 | 0.0 - 0.0 | 18.1 | In |
Call | NXST Option Call 20-12-2024 155 | 0 | 2024-12-20 | 0.0 - 0.0 | 10.3 | In |
Call | NXST Option Call 20-12-2024 160 | 0 | 2024-12-20 | 0.0 - 0.0 | 13.0 | In |
Call | NXST Option Call 20-12-2024 165 | 0 | 2024-12-20 | 0.0 - 0.0 | 10.12 | In |
Call | NXST Option Call 20-12-2024 170 | 0 | 2024-12-20 | 0.0 - 0.0 | 2.7 | |
Call | NXST Option Call 20-12-2024 175 | 0 | 2024-12-20 | 0.0 - 0.0 | 1.3 | |
Call | NXST Option Call 20-12-2024 180 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.54 | |
Call | NXST Option Call 20-12-2024 185 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.2 | |
Call | NXST Option Call 20-12-2024 190 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.15 | |
Call | NXST Option Call 20-12-2024 195 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.13 | |
Call | NXST Option Call 20-12-2024 200 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.02 | |
Call | NXST Option Call 20-12-2024 210 | 41 | 2024-12-20 | 0.0 - 2.8 | 0.9 | Out |
Call | NXST Option Call 20-12-2024 220 | 13 | 2024-12-20 | 0.0 - 1.3 | 0.6 | Out |
Call | NXST Option Call 20-12-2024 230 | 6 | 2024-12-20 | 3.0 - 6.5 | 6.9 | Out |
Call | NXST Option Call 20-12-2024 240 | 4 | 2024-12-20 | 2.7 - 7.5 | 3.2 | Out |
Call | NXST Option Call 20-12-2024 250 | 14 | 2024-12-20 | 0.0 - 2.3 | 1.05 | Out |
Call | NXST Option Call 20-12-2024 260 | 4 | 2024-12-20 | 0.0 - 2.05 | 0.55 | Out |
Call | NXST Option Call 20-12-2024 270 | 13 | 2024-12-20 | 0.0 - 0.05 | 0.05 | Out |
Put | NXST Option Put 20-12-2024 70 | 1 | 2024-12-20 | 0.0 - 5.0 | 1.4 | Out |
Put | NXST Option Put 20-12-2024 80 | 12 | 2024-12-20 | 0.0 - 0.8 | 0.68 | Out |
Put | NXST Option Put 20-12-2024 85 | 19 | 2024-12-20 | 0.0 - 0.0 | 0.75 | Out |
Put | NXST Option Put 20-12-2024 90 | 5 | 2024-12-20 | 0.0 - 2.15 | 0.79 | Out |
Put | NXST Option Put 20-12-2024 95 | 12 | 2024-12-20 | 0.3 - 3.2 | 4.53 | Out |
Put | NXST Option Put 20-12-2024 100 | 109 | 2024-12-20 | 0.25 - 2.85 | 1.4 | Out |
Put | NXST Option Put 20-12-2024 105 | 207 | 2024-12-20 | 0.5 - 5.5 | 4.3 | Out |
Put | NXST Option Put 20-12-2024 110 | 209 | 2024-12-20 | 1.25 - 4.0 | 3.3 | Out |
Put | NXST Option Put 20-12-2024 115 | 109 | 2024-12-20 | 0.0 - 2.15 | 1.0 | Out |
Put | NXST Option Put 20-12-2024 120 | 0 | 2024-12-20 | 0.0 - 2.6 | 0.97 | |
Put | NXST Option Put 20-12-2024 125 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.8 | |
Put | NXST Option Put 20-12-2024 130 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.48 | |
Put | NXST Option Put 20-12-2024 135 | 178 | 2024-12-20 | 0.0 - 1.45 | 0.8 | Out |
Put | NXST Option Put 20-12-2024 140 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.3 | |
Put | NXST Option Put 20-12-2024 145 | 0 | 2024-12-20 | 0.0 - 0.0 | 1.15 | |
Put | NXST Option Put 20-12-2024 150 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.22 | |
Put | NXST Option Put 20-12-2024 155 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.81 | |
Put | NXST Option Put 20-12-2024 160 | 0 | 2024-12-20 | 0.0 - 0.0 | 1.1 | |
Put | NXST Option Put 20-12-2024 165 | 0 | 2024-12-20 | 0.0 - 0.0 | 1.4 | |
Put | NXST Option Put 20-12-2024 170 | 0 | 2024-12-20 | 0.0 - 0.0 | 2.45 | In |
Put | NXST Option Put 20-12-2024 175 | 10 | 2024-12-20 | 5.9 - 8.0 | 12.22 | In |
Put | NXST Option Put 20-12-2024 180 | 0 | 2024-12-20 | 0.0 - 0.0 | 9.5 | In |
Put | NXST Option Put 20-12-2024 185 | 0 | 2024-12-20 | 0.0 - 0.0 | 12.9 | In |
Put | NXST Option Put 20-12-2024 190 | 7 | 2024-12-20 | 17.2 - 21.5 | 8.4 | In |
Put | NXST Option Put 20-12-2024 200 | 0 | 2024-12-20 | 0.0 - 0.0 | 28.55 | In |
Put | NXST Option Put 20-12-2024 210 | 0 | 2024-12-20 | 0.0 - 0.0 | 38.58 | In |
Nexstar Broadcasting Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
| Timeline |
Nexstar Liabilities And Stockholders Equity
Liabilities And Stockholders Equity |
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Nexstar Broadcasting Corporate Management
| Rachel Morgan | General VP | Profile | |
| Lindsey Harmon | Senior Counsel | Profile | |
| Terri Bush | Senior Counsel | Profile | |
| Todd Braverman | Executive Sales | Profile | |
| JD Esq | Pres Network | Profile | |
| Bill Mondora | Washington Chief | Profile | |
| Jerry Walsh | Senior Development | Profile |
Additional Tools for Nexstar Stock Analysis
When running Nexstar Broadcasting's price analysis, check to measure Nexstar Broadcasting's 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 Nexstar Broadcasting is operating at the current time. Most of Nexstar Broadcasting's value examination focuses on studying past and present price action to predict the probability of Nexstar Broadcasting's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexstar Broadcasting's price. Additionally, you may evaluate how the addition of Nexstar Broadcasting to your portfolios can decrease your overall portfolio volatility.