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.
Selective |
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 Int | Strike Price | Current Spread | Last Price | |||
Call | SIGI250117C00060000 | 0 | 60.0 | 37.1 - 42.0 | 37.1 | In |
Call | SIGI250117C00065000 | 0 | 65.0 | 32.2 - 37.0 | 32.2 | In |
Call | SIGI250117C00070000 | 0 | 70.0 | 27.2 - 32.0 | 27.2 | In |
Call | SIGI250117C00075000 | 0 | 75.0 | 22.2 - 27.0 | 22.2 | In |
Call | SIGI250117C00080000 | 0 | 80.0 | 17.5 - 22.4 | 17.5 | In |
Call | SIGI250117C00085000 | 0 | 85.0 | 12.7 - 17.5 | 12.7 | In |
Call | SIGI250117C00090000 | 0 | 90.0 | 8.2 - 13.0 | 8.2 | In |
Call | SIGI250117C00095000 | 0 | 95.0 | 3.7 - 8.5 | 3.7 | In |
Call | SIGI250117C00100000 | 0 | 100.0 | 0.5 - 4.6 | 0.5 | |
Call | SIGI250117C00105000 | 0 | 105.0 | 0.0 - 4.8 | 4.8 | |
Put | SIGI250117P00060000 | 0 | 60.0 | 0.0 - 4.8 | 4.8 | |
Put | SIGI250117P00065000 | 0 | 65.0 | 0.0 - 4.8 | 4.8 | |
Put | SIGI250117P00070000 | 0 | 70.0 | 0.0 - 4.8 | 4.8 | |
Put | SIGI250117P00075000 | 0 | 75.0 | 0.0 - 4.8 | 4.8 | |
Put | SIGI250117P00080000 | 0 | 80.0 | 0.0 - 4.8 | 4.8 | |
Put | SIGI250117P00085000 | 0 | 85.0 | 0.0 - 4.8 | 4.8 | |
Put | SIGI250117P00090000 | 0 | 90.0 | 0.0 - 4.7 | 4.7 | |
Put | SIGI250117P00095000 | 0 | 95.0 | 0.0 - 4.8 | 4.8 | |
Put | SIGI250117P00100000 | 6 | 100.0 | 3.2 - 4.7 | 3.6 | In |
Put | SIGI250117P00105000 | 0 | 105.0 | 4.0 - 8.9 | 4.0 | In |
Selective Insurance Market Cap Over Time
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Timeline |
Selective Total Stockholder Equity
Total Stockholder Equity |
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Selective Insurance Corporate Management
John Bresney | Executive Officer | Profile | |
Brad Wilson | Senior Treasurer | Profile | |
Joseph CFA | Executive Officer | Profile | |
Brenda Hall | Executive Lines | Profile | |
Rohit Mull | Chief VP | Profile | |
Rohan Pai | VP Treasurer | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Selective Insurance 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 price. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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 | 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.