Rackspace Technology Stock Options
| RXT Stock | USD 2.58 0.11 4.45% |
Rackspace Technology's latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 0.25 with a put-to-call open interest ratio of 0.0 over 9 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2024-12-20. The total put volume is at 247, with calls trading at the volume of 247. This yields a 20.58 put-to-call volume ratio.
In The Money vs. Out of Money Option Contracts on Rackspace Technology
Analyzing Rackspace Technology's in-the-money options over time can help investors to take a profitable long position in Rackspace Technology regardless of its overall volatility. This is especially true when Rackspace Technology's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Rackspace Technology's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Rackspace Technology's stock while costing only a fraction of its price.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rackspace Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
Rackspace Technology In The Money Call Balance
When Rackspace Technology's strike price is surpassing the current stock price, the option contract against Rackspace Technology stock is said to be in the money. When it comes to buying Rackspace Technology'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 Rackspace Technology 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.
Rackspace Current Options Market Mood
Rackspace Technology'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 Rackspace 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 Rackspace Technology's options investors are not very successful. Rackspace Technology'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 Rackspace contract
Base on the Rule 16, the options market is currently suggesting that Rackspace Technology will have an average daily up or down price movement of about 0.0156% per day over the life of the 2024-12-20 option contract. With Rackspace Technology trading at USD 2.58, that is roughly USD 4.03E-4. If you think that the market is fully incorporating Rackspace Technology's daily price movement you should consider buying Rackspace Technology options at the current volatility level of 0.25%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Rackspace |
Purchasing Rackspace Technology 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" Rackspace calls. Remember, the seller must deliver Rackspace Technology stock to the call owner when a call is exercised.
Rackspace Technology Option Chain
When Rackspace Technology's strike price is surpassing the current stock price, the option contract against Rackspace Technology 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.
Rackspace Technology's option chain is a display of a range of information that helps investors for ways to trade options on Rackspace. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Rackspace. It also shows strike prices and maturity days for a Rackspace Technology 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 | RXT Option Call 20-12-2024 1 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.75 | In |
Call | RXT Option Call 20-12-2024 2 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.75 | In |
Call | RXT Option Call 20-12-2024 3 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Call | RXT Option Call 20-12-2024 4 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Call | RXT Option Call 20-12-2024 5 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Put | RXT Option Put 20-12-2024 1 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.25 | |
Put | RXT Option Put 20-12-2024 2 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.03 | |
Put | RXT Option Put 20-12-2024 3 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.4 | In |
Put | RXT Option Put 20-12-2024 6 | 0 | 2024-12-20 | 0.0 - 0.0 | 3.24 | In |
Rackspace Total Stockholder Equity
Total Stockholder Equity |
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Rackspace Technology Corporate Management
| Srini Koushik | Ex CTO | Profile | |
| Kathleen Schneider | Chief Officer | Profile | |
| Greg Hrncir | Chief Officer | Profile | |
| Michael Bross | Senior Officer | Profile | |
| Sagar Hebbar | Head Relations | Profile | |
| JD Esq | Chief EVP | Profile | |
| Sandeep Bhargava | VP Japan | Profile |
Additional Tools for Rackspace Stock Analysis
When running Rackspace Technology's price analysis, check to measure Rackspace Technology'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 Rackspace Technology is operating at the current time. Most of Rackspace Technology's value examination focuses on studying past and present price action to predict the probability of Rackspace Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rackspace Technology's price. Additionally, you may evaluate how the addition of Rackspace Technology to your portfolios can decrease your overall portfolio volatility.