Saratoga Investment Stock Options
| SAR Stock | USD 24.22 0.10 0.41% |
Saratoga Investment's latest option contracts expiring on January 17th 2025 are carrying combined implied volatility of 1.25 with a put-to-call open interest ratio of 0.33 over 22 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on January 17th 2025. The total put volume is at 20.0.
Open Interest Against January 17th 2025 Option Contracts
2025-01-17
The chart above shows Saratoga Investment'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. Saratoga Investment's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Saratoga Investment's option, there is no secondary market available for investors to trade.
In The Money vs. Out of Money Option Contracts on Saratoga Investment
Analyzing Saratoga Investment's in-the-money options over time can help investors to take a profitable long position in Saratoga Investment regardless of its overall volatility. This is especially true when Saratoga Investment's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Saratoga Investment's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Saratoga Investment's stock while costing only a fraction of its price.
Saratoga Investment Corp In The Money Call Balance
When Saratoga Investment's strike price is surpassing the current stock price, the option contract against Saratoga Investment Corp stock is said to be in the money. When it comes to buying Saratoga Investment'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 Saratoga Investment 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.
Saratoga Current Options Market Mood
Saratoga Investment'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 Saratoga 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 Saratoga Investment'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. Saratoga Investment'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 Saratoga contract
Base on the Rule 16, the options market is currently suggesting that Saratoga Investment Corp will have an average daily up or down price movement of about 0.0781% per day over the life of the 2025-01-17 option contract. With Saratoga Investment trading at USD 24.22, that is roughly USD 0.0189. If you think that the market is fully incorporating Saratoga Investment's daily price movement you should consider buying Saratoga Investment Corp options at the current volatility level of 1.25%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Saratoga |
Purchasing Saratoga Investment 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" Saratoga calls. Remember, the seller must deliver Saratoga Investment Corp stock to the call owner when a call is exercised.
Saratoga Investment Option Chain
When Saratoga Investment's strike price is surpassing the current stock price, the option contract against Saratoga Investment 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.
Saratoga Investment's option chain is a display of a range of information that helps investors for ways to trade options on Saratoga. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Saratoga. It also shows strike prices and maturity days for a Saratoga Investment 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 | SAR250117C00012500 | 0 | 12.5 | 10.0 - 14.9 | 10.0 | In |
Call | SAR250117C00012150 | 0 | 12.15 | 9.6 - 14.2 | 9.6 | In |
Call | SAR250117C00015000 | 0 | 15.0 | 7.5 - 12.4 | 7.5 | In |
Call | SAR250117C00014650 | 0 | 14.65 | 7.9 - 11.7 | 7.9 | In |
Call | SAR250117C00017500 | 0 | 17.5 | 5.0 - 9.9 | 5.0 | In |
Call | SAR250117C00020000 | 0 | 20.0 | 2.5 - 7.3 | 2.5 | In |
Call | SAR250117C00022500 | 0 | 22.5 | 0.1 - 4.9 | 0.1 | In |
Call | SAR250117C00022150 | 92 | 22.15 | 0.2 - 3.3 | 2.66 | In |
Call | SAR250117C00025000 | 0 | 25.0 | 0.0 - 4.8 | 4.8 | |
Call | SAR250117C00030000 | 0 | 30.0 | 0.0 - 4.8 | 4.8 | |
Call | SAR250117C00035000 | 0 | 35.0 | 0.0 - 4.8 | 4.8 | |
Put | SAR250117P00012500 | 0 | 12.5 | 0.0 - 4.8 | 4.8 | |
Put | SAR250117P00012150 | 0 | 12.15 | 0.0 - 0.75 | 0.75 | |
Put | SAR250117P00015000 | 0 | 15.0 | 0.0 - 4.8 | 4.8 | |
Put | SAR250117P00014650 | 0 | 14.65 | 0.0 - 0.75 | 0.75 | |
Put | SAR250117P00017500 | 0 | 17.5 | 0.0 - 4.8 | 4.8 | |
Put | SAR250117P00020000 | 0 | 20.0 | 0.0 - 4.8 | 4.8 | |
Put | SAR250117P00022500 | 0 | 22.5 | 0.0 - 4.8 | 0.3 | |
Put | SAR250117P00022150 | 30 | 22.15 | 0.0 - 4.1 | 4.1 | Out |
Put | SAR250117P00025000 | 0 | 25.0 | 0.3 - 4.9 | 0.3 | |
Put | SAR250117P00030000 | 0 | 30.0 | 3.2 - 8.0 | 3.2 | In |
Put | SAR250117P00035000 | 0 | 35.0 | 8.2 - 13.0 | 8.2 | In |
Saratoga Investment Market Cap Over Time
Market Cap |
| Timeline |
Saratoga Total Stockholder Equity
Total Stockholder Equity |
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Saratoga Investment Corporate Directors
| Steven Looney | Independent Director | Profile | |
| Cabell Williams | Independent Director | Profile | |
| Charles Whitman | Independent Director | Profile | |
| Paul West | Managing Director | Profile |
Additional Tools for Saratoga Stock Analysis
When running Saratoga Investment's price analysis, check to measure Saratoga Investment'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 Saratoga Investment is operating at the current time. Most of Saratoga Investment's value examination focuses on studying past and present price action to predict the probability of Saratoga Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Saratoga Investment's price. Additionally, you may evaluate how the addition of Saratoga Investment to your portfolios can decrease your overall portfolio volatility.