VRNA270115P00025000 Option on Verona Pharma PLC
| VRNA Stock | USD 39.45 0.75 1.87% |
Verona Pharma's latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 2.27 with a put-to-call open interest ratio of 0.68 over 30 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on 2024-12-20. The total put volume is at 197, with calls trading at the volume of 197. This yields a 0.09 put-to-call volume ratio.
Open Interest Against 2024-12-20 Option Contracts
2024-12-20
The chart above shows Verona Pharma'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. Verona Pharma's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Verona Pharma's option, there is no secondary market available for investors to trade.
In The Money vs. Out of Money Option Contracts on Verona Pharma
Analyzing Verona Pharma's in-the-money options over time can help investors to take a profitable long position in Verona Pharma regardless of its overall volatility. This is especially true when Verona Pharma's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Verona Pharma's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Verona Pharma's stock while costing only a fraction of its price.
Verona Pharma's stock options are financial instruments that give investors the right to buy or sell shares of Verona Pharma PLC common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Verona stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Verona Pharma's stock price goes up or down, the stock options follow.
At present, Verona Pharma's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 323.5 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 75.3 M. Verona Pharma PLC In The Money Call Balance
When Verona Pharma's strike price is surpassing the current stock price, the option contract against Verona Pharma PLC stock is said to be in the money. When it comes to buying Verona Pharma'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 Verona Pharma PLC 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.
Verona Current Options Market Mood
Verona Pharma'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 Verona 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 Verona Pharma'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. Verona Pharma'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 Verona contract
Base on the Rule 16, the options market is currently suggesting that Verona Pharma PLC will have an average daily up or down price movement of about 0.14% per day over the life of the 2024-12-20 option contract. With Verona Pharma trading at USD 39.45, that is roughly USD 0.056. If you think that the market is fully incorporating Verona Pharma's daily price movement you should consider buying Verona Pharma PLC options at the current volatility level of 2.27%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Verona |
Purchasing Verona Pharma 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" Verona calls. Remember, the seller must deliver Verona Pharma PLC stock to the call owner when a call is exercised.
Verona Pharma Option Chain
When Verona Pharma's strike price is surpassing the current stock price, the option contract against Verona Pharma PLC 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.
Verona Pharma's option chain is a display of a range of information that helps investors for ways to trade options on Verona. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Verona. It also shows strike prices and maturity days for a Verona Pharma 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. Verona Pharma Market Cap Over Time
Market Cap |
| Timeline |
Verona Total Stockholder Equity
Total Stockholder Equity |
|
Verona Pharma Corporate Management
| Caroline Diaz | Senior Affairs | Profile | |
| LCSW BA | G Counsel | Profile | |
| Matthew Casbon | Marketing Sales | Profile | |
| Peter Spargo | Senior Controls | Profile | |
| Kathleen MD | Chief Officer | Profile | |
| B ASIA | General Counsel | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Verona Pharma PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Pharmaceuticals 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 Verona Pharma. If investors know Verona 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 Verona Pharma listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.00) | Revenue Per Share 0.07 | Return On Assets (0.28) | Return On Equity (0.78) |
The market value of Verona Pharma PLC is measured differently than its book value, which is the value of Verona that is recorded on the company's balance sheet. Investors also form their own opinion of Verona Pharma's value that differs from its market value or its book value, called intrinsic value, which is Verona Pharma'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 Verona Pharma's market value can be influenced by many factors that don't directly affect Verona Pharma'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 Verona Pharma's value and its price as these two are different measures arrived at by different means. Investors typically determine if Verona Pharma is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Verona Pharma'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.