Selective Insurance Stock Options

SIGI Stock  USD 92.36  0.21  0.23%   
Selective Insurance's latest option contracts expiring on January 17th 2025 are carrying combined implied volatility of 0.49. The Selective Insurance option chain provides detailed quote and price information for the current Selective Insurance Group option contracts. It shows all of Selective Insurance's listed puts, calls, expiration dates, strike prices, and other pricing information.

In The Money vs. Out of Money Option Contracts on Selective Insurance

Analyzing Selective Insurance's in-the-money options over time can help investors to take a profitable long position in Selective Insurance regardless of its overall volatility. This is especially true when Selective Insurance's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Selective Insurance's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Selective Insurance's stock while costing only a fraction of its price.

Selective Insurance In The Money Call Balance

When Selective Insurance's strike price is surpassing the current stock price, the option contract against Selective Insurance Group stock is said to be in the money. When it comes to buying Selective Insurance'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 Selective Insurance 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.

Selective Current Options Market Mood

Selective Insurance'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 Selective 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 Selective Insurance's options investors are not very successful. Selective Insurance'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 Selective contract

Base on the Rule 16, the options market is currently suggesting that Selective Insurance Group will have an average daily up or down price movement of about 0.0306% per day over the life of the 2025-01-17 option contract. With Selective Insurance trading at USD 92.36, that is roughly USD 0.0283. If you think that the market is fully incorporating Selective Insurance's daily price movement you should consider buying Selective Insurance Group options at the current volatility level of 0.49%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Selective Insurance 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" Selective calls. Remember, the seller must deliver Selective Insurance Group stock to the call owner when a call is exercised.

Selective Insurance Option Chain

When Selective Insurance's strike price is surpassing the current stock price, the option contract against Selective Insurance 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.
Selective Insurance's option chain is a display of a range of information that helps investors for ways to trade options on Selective. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Selective. It also shows strike prices and maturity days for a Selective Insurance 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 IntStrike PriceCurrent SpreadLast Price
Call
SIGI250117C00060000060.037.1 - 42.037.1In
Call
SIGI250117C00065000065.032.2 - 37.032.2In
Call
SIGI250117C00070000070.027.2 - 32.027.2In
Call
SIGI250117C00075000075.022.2 - 27.022.2In
Call
SIGI250117C00080000080.017.5 - 22.417.5In
Call
SIGI250117C00085000085.012.7 - 17.512.7In
Call
SIGI250117C00090000090.08.2 - 13.08.2In
Call
SIGI250117C00095000095.03.7 - 8.53.7In
Call
SIGI250117C001000000100.00.5 - 4.60.5Out
Call
SIGI250117C001050000105.00.0 - 4.84.8Out
 Put
SIGI250117P00060000060.00.0 - 4.84.8Out
 Put
SIGI250117P00065000065.00.0 - 4.84.8Out
 Put
SIGI250117P00070000070.00.0 - 4.84.8Out
 Put
SIGI250117P00075000075.00.0 - 4.84.8Out
 Put
SIGI250117P00080000080.00.0 - 4.84.8Out
 Put
SIGI250117P00085000085.00.0 - 4.84.8Out
 Put
SIGI250117P00090000090.00.0 - 4.74.7Out
 Put
SIGI250117P00095000095.00.0 - 4.84.8Out
 Put
SIGI250117P001000006100.03.2 - 4.73.6In
 Put
SIGI250117P001050000105.04.0 - 8.94.0In

Selective Insurance Market Cap Over Time

   Market Cap   
       Timeline  

Selective Total Stockholder Equity

Total Stockholder Equity

3.57 Billion

As of now, Selective Insurance's Total Stockholder Equity is increasing as compared to previous years.

Selective Insurance Corporate Management

John BresneyExecutive OfficerProfile
Brad WilsonSenior TreasurerProfile
Joseph CFAExecutive OfficerProfile
Brenda HallExecutive LinesProfile
Rohit MullChief VPProfile
Rohan PaiVP TreasurerProfile
When determining whether Selective Insurance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Selective Insurance's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Selective Insurance Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Selective Insurance Group Stock:
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Is Property & Casualty Insurance 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 Selective Insurance. If investors know Selective 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 Selective Insurance 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
0.035
Dividend Share
1.4
Earnings Share
3.72
Revenue Per Share
77.534
Quarterly Revenue Growth
0.151
The market value of Selective Insurance is measured differently than its book value, which is the value of Selective that is recorded on the company's balance sheet. Investors also form their own opinion of Selective Insurance's value that differs from its market value or its book value, called intrinsic value, which is Selective Insurance's 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 Selective Insurance's market value can be influenced by many factors that don't directly affect Selective Insurance's 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 Selective Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Selective Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Selective Insurance's 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.