ODP Corp Stock Options
ODP Stock | USD 24.78 0.42 1.72% |
ODP Corp's latest option contracts expiring on April 17th 2025 are carrying combined implied volatility of 0.97 with a put-to-call open interest ratio of 0.38 over 43 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on April 17th 2025. The total put volume is at 1.0.
Open Interest Against April 17th 2025 Option Contracts
2025-04-17
The chart above shows ODP Corp'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. ODP Corp's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for ODP Corp's option, there is no secondary market available for investors to trade.
In The Money vs. Out of Money Option Contracts on ODP Corp
Analyzing ODP Corp's in-the-money options over time can help investors to take a profitable long position in ODP Corp regardless of its overall volatility. This is especially true when ODP Corp's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money ODP Corp's options could be used as guardians of the underlying stock as they move almost dollar for dollar with ODP Corp's stock while costing only a fraction of its price.
ODP Corp In The Money Call Balance
When ODP Corp's strike price is surpassing the current stock price, the option contract against ODP Corp stock is said to be in the money. When it comes to buying ODP Corp'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 ODP Corp 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.
ODP Current Options Market Mood
ODP Corp'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 ODP 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
Most options investors, including buyers and sellers of ODP Corp'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. ODP Corp'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 ODP contract
Base on the Rule 16, the options market is currently suggesting that ODP Corp will have an average daily up or down price movement of about 0.0606% per day over the life of the 2025-04-17 option contract. With ODP Corp trading at USD 24.78, that is roughly USD 0.015. If you think that the market is fully incorporating ODP Corp's daily price movement you should consider buying ODP Corp options at the current volatility level of 0.97%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
ODP |
Purchasing ODP Corp 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" ODP calls. Remember, the seller must deliver ODP Corp stock to the call owner when a call is exercised.
ODP Corp Option Chain
When ODP Corp's strike price is surpassing the current stock price, the option contract against ODP 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.
ODP Corp's option chain is a display of a range of information that helps investors for ways to trade options on ODP. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for ODP. It also shows strike prices and maturity days for a ODP Corp 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 | ODP250417C00018000 | 1 | 18.0 | 5.0 - 9.5 | 8.0 | In |
Call | ODP250417C00022000 | 1 | 22.0 | 2.4 - 6.3 | 4.9 | In |
Call | ODP250417C00023000 | 41 | 23.0 | 3.1 - 4.8 | 1.8 | In |
Call | ODP250417C00024000 | 2 | 24.0 | 2.25 - 4.2 | 1.4 | In |
Call | ODP250417C00026000 | 2 | 26.0 | 1.5 - 3.3 | 3.0 | Out |
Call | ODP250417C00027000 | 1 | 27.0 | 1.05 - 3.1 | 2.55 | Out |
Call | ODP250417C00028000 | 1 | 28.0 | 0.8 - 2.7 | 1.85 | Out |
Call | ODP250417C00030000 | 259 | 30.0 | 0.0 - 2.15 | 1.5 | Out |
Call | ODP250417C00032000 | 2 | 32.0 | 0.0 - 2.25 | 3.6 | Out |
Call | ODP250417C00033000 | 2 | 33.0 | 0.0 - 1.65 | 0.7 | Out |
Call | ODP250417C00034000 | 2 | 34.0 | 0.0 - 1.8 | 0.55 | Out |
Call | ODP250417C00035000 | 0 | 35.0 | 0.0 - 4.8 | 1.85 | |
Call | ODP250417C00040000 | 0 | 40.0 | 0.0 - 3.2 | 3.2 | |
Call | ODP250417C00045000 | 3 | 45.0 | 0.0 - 2.65 | 0.55 | Out |
Call | ODP250417C00050000 | 0 | 50.0 | 0.0 - 4.8 | 4.8 | |
Call | ODP250417C00055000 | 4 | 55.0 | 0.0 - 4.8 | 1.1 | Out |
Call | ODP250417C00060000 | 0 | 60.0 | 0.0 - 0.75 | 0.75 | |
Call | ODP250417C00065000 | 1 | 65.0 | 0.0 - 1.5 | 0.75 | Out |
Call | ODP250417C00070000 | 0 | 70.0 | 0.0 - 4.8 | 4.8 | |
Call | ODP250417C00075000 | 0 | 75.0 | 0.0 - 2.75 | 2.75 | |
Put | ODP250417P00015000 | 1 | 15.0 | 0.0 - 4.8 | 0.5 | Out |
Put | ODP250417P00016000 | 1 | 16.0 | 0.0 - 4.8 | 0.35 | Out |
Put | ODP250417P00019000 | 13 | 19.0 | 0.2 - 4.9 | 0.72 | Out |
Put | ODP250417P00020000 | 3 | 20.0 | 0.0 - 4.8 | 0.74 | Out |
Put | ODP250417P00021000 | 2 | 21.0 | 0.0 - 2.0 | 1.25 | Out |
Put | ODP250417P00022000 | 1 | 22.0 | 0.6 - 2.35 | 1.55 | Out |
Put | ODP250417P00024000 | 2 | 24.0 | 1.45 - 3.2 | 1.9 | Out |
Put | ODP250417P00025000 | 52 | 25.0 | 1.7 - 3.8 | 4.1 | In |
Put | ODP250417P00026000 | 5 | 26.0 | 2.45 - 4.3 | 2.9 | In |
Put | ODP250417P00028000 | 39 | 28.0 | 2.95 - 5.5 | 1.95 | In |
Put | ODP250417P00029000 | 1 | 29.0 | 2.5 - 6.4 | 2.6 | In |
Put | ODP250417P00030000 | 2 | 30.0 | 3.6 - 8.0 | 2.95 | In |
Put | ODP250417P00033000 | 1 | 33.0 | 6.5 - 10.1 | 7.8 | In |
Put | ODP250417P00034000 | 0 | 34.0 | 7.4 - 11.3 | 7.4 | In |
Put | ODP250417P00035000 | 0 | 35.0 | 8.0 - 12.5 | 8.0 | In |
Put | ODP250417P00040000 | 0 | 40.0 | 13.6 - 17.5 | 4.6 | In |
Put | ODP250417P00045000 | 0 | 45.0 | 18.2 - 22.5 | 18.2 | In |
Put | ODP250417P00050000 | 0 | 50.0 | 22.7 - 27.5 | 22.7 | In |
Put | ODP250417P00055000 | 0 | 55.0 | 27.7 - 32.5 | 27.7 | In |
Put | ODP250417P00060000 | 0 | 60.0 | 33.0 - 37.5 | 33.0 | In |
Put | ODP250417P00065000 | 0 | 65.0 | 37.8 - 42.5 | 37.8 | In |
Put | ODP250417P00070000 | 0 | 70.0 | 42.7 - 47.5 | 42.7 | In |
Put | ODP250417P00075000 | 0 | 75.0 | 47.7 - 52.5 | 47.7 | In |
ODP Corp Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
Timeline |
ODP Corp Market Cap Over Time
Market Cap |
Timeline |
ODP Total Stockholder Equity
Total Stockholder Equity |
|
ODP Corp Corporate Management
Sarah McConnell | Chief VP | Profile | |
Sarah Hlavinka | Chief VP | Profile | |
Zoe Maloney | Executive Officer | Profile | |
Timothy Perrott | Vice Relations | Profile | |
Richard Leland | Vice Treasurer | Profile |
Additional Tools for ODP Stock Analysis
When running ODP Corp's price analysis, check to measure ODP Corp'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 ODP Corp is operating at the current time. Most of ODP Corp's value examination focuses on studying past and present price action to predict the probability of ODP Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ODP Corp's price. Additionally, you may evaluate how the addition of ODP Corp to your portfolios can decrease your overall portfolio volatility.