THO Option Call 20-12-2024 70 Option on Thor Industries
THO Stock | USD 106.55 0.80 0.76% |
THO Option Call 20-12-2024 70 is a CALL option contract on Thor Industries' common stock with a strick price of 70.0 expiring on 2024-12-20. The contract was last traded on 2024-04-19 at 15:20:33 for $33.1 and, as of today, has 9 days remaining before the expiration. The option is currently trading at a bid price of $32.5, and an ask price of $34.9. The implied volatility as of the 11th of December 2024 is 9.0.
Thor |
The strike price represents the predetermined price at which a call buyer can buy Thor Stock. Call options may be purchased for speculation or sold for income purposes, or simply combined for various spread or combination strategies. If Thor Industries' price is above the strike price at expiry, the profit is the current Thor Industries' stock price, minus the strike price and the premium.
Rule 16 of 2024-12-20 Option Contract
The options market is anticipating that Thor Industries will have an average daily up or down price movement of about 1.0E-6% per day over the life of the option. With Thor Industries trading at USD 106.55, that is roughly USD 1.0E-6. If you think that the market is fully understating Thor Industries' daily price movement you should consider buying Thor Industries options at that current volatility level of 1.0E-5%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Call Option on Thor Industries
An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Thor Industries positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Thor Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract Name | THO Option Call 20-12-2024 70 |
Expires On | 2024-12-20 |
Days Before Expriration | 9 |
Last Traded On | 2024-04-19 15:20:33 |
Open Interest | 1 |
Current Trading Volume | 1.0 |
Strike Price | 70.0 |
Last Traded At | 33.1 |
Current Price Spread | 32.5 | 34.9 |
Rule 16 Daily Up or Down | USD 1.0E-6 |
Thor long CALL Option Payoff at expiration
Buying Thor Industries' call option is the simplest of option trades. A call option on Thor Stock gives investors the right (but not the obligation) to purchase Thor Industries at the given strike price. Therefore Thor Industries' call intrinsic value or payoff at expiration depends on where the Thor Stock price is relative to the call option strike price. The strike price of 70.0 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and negative (the trade is a loss). Above the strike, the payoff line is upward sloping as the option payoff rises in proportion with Thor Industries' price. Finally, at the break-even point of 70.0, the line crosses zero, and trading Thor becomes profitable.
Profit |
Thor Industries Price At Expiration |
Thor short CALL Option Payoff at expiration
By selling Thor Industries' call option, the investors signals his or her bearish sentiment. A short position in a call option written on Thor Industries will generally make money when the underlying price goes down. Therefore Thor Industries' call intrinsic value or payoff at expiration depends on where the Thor Stock price is relative to the call option strike price. The strike price of 70.0 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and positive (the seller makes a profit). Above the strike, the payoff line is downward sloping as the option payoff drops in proportion to Thor Industries' price. Finally, at the break-even point of 70.0, the line crosses zero, and trading Thor becomes disadvantageous with no downside limits.
Profit |
Thor Industries Price At Expiration |
Thor Industries Available Call Options
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 |
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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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.