Thor Industries Stock Options
| THO Stock | USD 106.55 0.80 0.76% |
Thor Industries' latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 0.46 with a put-to-call open interest ratio of 15.0 over 32 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on 2024-12-20. The total put volume is at 409, with calls trading at the volume of 409. This yields a 0.91 put-to-call volume ratio.
Open Interest Against 2024-12-20 Option Contracts
2024-12-20
The chart above shows Thor Industries' 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. Thor Industries' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Thor Industries' option, there is no secondary market available for investors to trade.
In The Money vs. Out of Money Option Contracts on Thor Industries
Analyzing Thor Industries' in-the-money options over time can help investors to take a profitable long position in Thor Industries regardless of its overall volatility. This is especially true when Thor Industries' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Thor Industries' options could be used as guardians of the underlying stock as they move almost dollar for dollar with Thor Industries' stock while costing only a fraction of its price.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thor Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
Please note that buying 'in-the-money' options on Thor Industries lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Thor Industries' value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money Thor Industries contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if Thor Stock moves the wrong way.
Thor Industries In The Money Call Balance
When Thor Industries' strike price is surpassing the current stock price, the option contract against Thor Industries stock is said to be in the money. When it comes to buying Thor Industries' 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 Thor Industries 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.
Thor Current Options Market Mood
Thor Industries' 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 Thor 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
Unfortunately, most Thor Industries' options investors are not very successful. Thor Industries' 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 Thor contract
Base on the Rule 16, the options market is currently suggesting that Thor Industries will have an average daily up or down price movement of about 0.0288% per day over the life of the 2024-12-20 option contract. With Thor Industries trading at USD 106.55, that is roughly USD 0.0306. If you think that the market is fully incorporating Thor Industries' daily price movement you should consider buying Thor Industries options at the current volatility level of 0.46%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Thor |
Purchasing Thor Industries 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" Thor calls. Remember, the seller must deliver Thor Industries stock to the call owner when a call is exercised.
Thor Industries Option Chain
When Thor Industries' strike price is surpassing the current stock price, the option contract against Thor Industries 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.
Thor Industries' option chain is a display of a range of information that helps investors for ways to trade options on Thor. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Thor. It also shows strike prices and maturity days for a Thor Industries 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 | THO Option Call 20-12-2024 70 | 1 | 2024-12-20 | 32.5 - 34.9 | 33.1 | In |
Call | THO Option Call 20-12-2024 75 | 1 | 2024-12-20 | 31.3 - 34.5 | 34.9 | In |
Call | THO Option Call 20-12-2024 80 | 1 | 2024-12-20 | 24.4 - 26.7 | 32.0 | In |
Call | THO Option Call 20-12-2024 85 | 0 | 2024-12-20 | 0.0 - 0.0 | 24.6 | In |
Call | THO Option Call 20-12-2024 90 | 0 | 2024-12-20 | 0.0 - 0.0 | 19.4 | In |
Call | THO Option Call 20-12-2024 95 | 0 | 2024-12-20 | 0.0 - 0.0 | 13.7 | In |
Call | THO Option Call 20-12-2024 100 | 0 | 2024-12-20 | 0.0 - 0.0 | 8.88 | In |
Call | THO Option Call 20-12-2024 105 | 0 | 2024-12-20 | 0.0 - 0.0 | 3.8 | In |
Call | THO Option Call 20-12-2024 110 | 0 | 2024-12-20 | 0.0 - 0.0 | 1.45 | |
Call | THO Option Call 20-12-2024 115 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.85 | |
Call | THO Option Call 20-12-2024 120 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.19 | |
Call | THO Option Call 20-12-2024 125 | 0 | 2024-12-20 | 0.05 - 0.0 | 0.15 | |
Call | THO Option Call 20-12-2024 130 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Call | THO Option Call 20-12-2024 135 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.15 | |
Call | THO Option Call 20-12-2024 140 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Call | THO Option Call 20-12-2024 145 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Put | THO Option Put 20-12-2024 50 | 1 | 2024-12-20 | 0.0 - 0.5 | 0.4 | Out |
Put | THO Option Put 20-12-2024 55 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Put | THO Option Put 20-12-2024 60 | 1 | 2024-12-20 | 0.0 - 0.5 | 0.41 | Out |
Put | THO Option Put 20-12-2024 65 | 26 | 2024-12-20 | 0.1 - 1.45 | 0.28 | Out |
Put | THO Option Put 20-12-2024 70 | 16 | 2024-12-20 | 0.0 - 0.1 | 0.1 | Out |
Put | THO Option Put 20-12-2024 75 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Put | THO Option Put 20-12-2024 80 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Put | THO Option Put 20-12-2024 85 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.1 | |
Put | THO Option Put 20-12-2024 90 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.1 | |
Put | THO Option Put 20-12-2024 95 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.25 | |
Put | THO Option Put 20-12-2024 100 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.7 | |
Put | THO Option Put 20-12-2024 105 | 0 | 2024-12-20 | 0.0 - 0.0 | 2.15 | |
Put | THO Option Put 20-12-2024 110 | 0 | 2024-12-20 | 0.0 - 0.0 | 4.62 | In |
Put | THO Option Put 20-12-2024 115 | 0 | 2024-12-20 | 0.0 - 0.0 | 11.3 | In |
Put | THO Option Put 20-12-2024 120 | 0 | 2024-12-20 | 0.0 - 0.0 | 13.6 | In |
Put | THO Option Put 20-12-2024 130 | 1 | 2024-12-20 | 21.6 - 23.8 | 23.7 | In |
Thor Industries Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
| Timeline |
Thor Industries Market Cap Over Time
Market Cap |
| Timeline |
Thor Total Stockholder Equity
Total Stockholder Equity |
|
Thor Industries Corporate Directors
| Christopher Klein | Independent Director | Profile | |
| Laurel Hurd | Independent Director | Profile | |
| Wilson Jones | Independent Director | Profile | |
| James Ziemer | Independent Director | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thor Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. To learn how to invest in Thor Stock, please use our How to Invest in Thor Industries guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Automobile Manufacturers 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 Thor Industries. If investors know Thor 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 Thor Industries 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 0.001 | Earnings Share 3.92 | Revenue Per Share 188.614 | Quarterly Revenue Growth (0.07) | Return On Assets 0.0371 |
The market value of Thor Industries is measured differently than its book value, which is the value of Thor that is recorded on the company's balance sheet. Investors also form their own opinion of Thor Industries' value that differs from its market value or its book value, called intrinsic value, which is Thor Industries' 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 Thor Industries' market value can be influenced by many factors that don't directly affect Thor Industries' 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 Thor Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Thor Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thor Industries' 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.