Western Alliance Stock Options
| WAL Stock | USD 84.40 1.50 1.81% |
Western Alliance's latest option contracts expiring on January 17th 2025 are carrying combined implied volatility of 0.64 with a put-to-call open interest ratio of 0.13 over 47 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on January 17th 2025. The total put volume is at 23.0, with calls trading at the volume of 10.0. This yields a 2.3 put-to-call volume ratio.
Open Interest Against January 17th 2025 Option Contracts
2025-01-17
The chart above shows Western Alliance'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. Western Alliance's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Western Alliance's option, there is no secondary market available for investors to trade.
Western Alliance Maximum Pain Price Across 2025-01-17 Option Contracts
Western Alliance's max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.
In The Money vs. Out of Money Option Contracts on Western Alliance
Analyzing Western Alliance's in-the-money options over time can help investors to take a profitable long position in Western Alliance regardless of its overall volatility. This is especially true when Western Alliance's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Western Alliance's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Western Alliance's stock while costing only a fraction of its price.
Western Current Options Market Mood
Western Alliance'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 Western 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 Western Alliance'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. Western Alliance'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 Western contract
Base on the Rule 16, the options market is currently suggesting that Western Alliance Bancorporation will have an average daily up or down price movement of about 0.04% per day over the life of the 2025-01-17 option contract. With Western Alliance trading at USD 84.4, that is roughly USD 0.0338. If you think that the market is fully incorporating Western Alliance's daily price movement you should consider buying Western Alliance Bancorporation options at the current volatility level of 0.64%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Western |
Purchasing Western Alliance 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" Western calls. Remember, the seller must deliver Western Alliance Bancorporation stock to the call owner when a call is exercised.
Western Alliance Option Chain
When Western Alliance's strike price is surpassing the current stock price, the option contract against Western Alliance Bancorporation 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.
Western Alliance's option chain is a display of a range of information that helps investors for ways to trade options on Western. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Western. It also shows strike prices and maturity days for a Western Alliance 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 | WAL250117C00002500 | 2 | 2.5 | 41.6 - 43.0 | 41.6 | Out |
Call | WAL250117C00005000 | 0 | 5.0 | 38.3 - 41.7 | 38.3 | |
Call | WAL250117C00007500 | 1 | 7.5 | 36.2 - 38.3 | 36.2 | Out |
Call | WAL250117C00010000 | 16 | 10.0 | 34.2 - 35.0 | 34.2 | Out |
Call | WAL250117C00012500 | 4 | 12.5 | 31.8 - 32.7 | 31.8 | Out |
Call | WAL250117C00015000 | 5 | 15.0 | 29.4 - 30.7 | 29.4 | Out |
Call | WAL250117C00017500 | 3 | 17.5 | 26.0 - 28.3 | 26.0 | Out |
Call | WAL250117C00020000 | 23 | 20.0 | 25.2 - 25.7 | 25.2 | Out |
Call | WAL250117C00022500 | 13 | 22.5 | 21.9 - 23.8 | 21.9 | Out |
Call | WAL250117C00025000 | 22 | 25.0 | 20.6 - 21.9 | 20.6 | Out |
Call | WAL250117C00027500 | 9 | 27.5 | 18.2 - 20.0 | 18.2 | Out |
Call | WAL250117C00030000 | 429 | 30.0 | 17.8 - 18.3 | 17.8 | Out |
Call | WAL250117C00032500 | 85 | 32.5 | 16.1 - 16.8 | 16.1 | Out |
Call | WAL250117C00035000 | 587 | 35.0 | 14.1 - 15.0 | 14.1 | Out |
Call | WAL250117C00037500 | 1187 | 37.5 | 13.1 - 14.3 | 13.1 | Out |
Call | WAL250117C00040000 | 787 | 40.0 | 11.7 - 12.3 | 11.7 | Out |
Call | WAL250117C00042500 | 1192 | 42.5 | 10.4 - 10.9 | 10.4 | Out |
Call | WAL250117C00045000 | 868 | 45.0 | 9.2 - 11.4 | 9.2 | Out |
Call | WAL250117C00047500 | 151 | 47.5 | 8.1 - 8.8 | 8.1 | Out |
Call | WAL250117C00050000 | 149 | 50.0 | 7.2 - 7.9 | 7.2 | Out |
Call | WAL250117C00052500 | 165 | 52.5 | 6.4 - 6.9 | 6.4 | Out |
Call | WAL250117C00055000 | 30 | 55.0 | 5.7 - 6.1 | 5.7 | Out |
Call | WAL250117C00060000 | 125 | 60.0 | 4.3 - 4.8 | 4.4 | Out |
Call | WAL250117C00070000 | 12 | 70.0 | 2.35 - 2.95 | 2.35 | Out |
Call | WAL250117C00075000 | 8 | 75.0 | 1.55 - 2.05 | 1.55 | Out |
Put | WAL250117P00002500 | 119 | 2.5 | 0.0 - 0.2 | 0.2 | Out |
Put | WAL250117P00005000 | 5 | 5.0 | 0.05 - 0.35 | 0.05 | Out |
Put | WAL250117P00007500 | 5 | 7.5 | 0.1 - 1.6 | 0.35 | Out |
Put | WAL250117P00010000 | 35 | 10.0 | 0.3 - 1.05 | 0.3 | Out |
Put | WAL250117P00012500 | 13 | 12.5 | 0.5 - 1.25 | 0.5 | Out |
Put | WAL250117P00015000 | 8 | 15.0 | 0.85 - 1.25 | 0.85 | Out |
Put | WAL250117P00017500 | 0 | 17.5 | 1.25 - 1.5 | 1.25 | |
Put | WAL250117P00020000 | 5 | 20.0 | 1.6 - 1.8 | 1.65 | Out |
Put | WAL250117P00022500 | 0 | 22.5 | 2.0 - 2.15 | 2.0 | |
Put | WAL250117P00025000 | 16 | 25.0 | 2.45 - 2.65 | 2.55 | Out |
Put | WAL250117P00027500 | 4 | 27.5 | 3.0 - 3.3 | 3.0 | Out |
Put | WAL250117P00030000 | 144 | 30.0 | 3.6 - 4.0 | 3.6 | Out |
Put | WAL250117P00032500 | 1 | 32.5 | 4.1 - 4.8 | 4.1 | Out |
Put | WAL250117P00035000 | 17 | 35.0 | 5.2 - 5.6 | 5.2 | Out |
Put | WAL250117P00037500 | 15 | 37.5 | 6.0 - 6.5 | 6.0 | Out |
Put | WAL250117P00040000 | 220 | 40.0 | 6.9 - 7.5 | 6.9 | Out |
Put | WAL250117P00042500 | 9 | 42.5 | 8.1 - 8.5 | 8.1 | Out |
Put | WAL250117P00045000 | 12 | 45.0 | 9.3 - 9.7 | 9.3 | Out |
Put | WAL250117P00047500 | 106 | 47.5 | 10.6 - 11.0 | 10.8 | Out |
Put | WAL250117P00050000 | 39 | 50.0 | 12.0 - 12.5 | 12.0 | Out |
Put | WAL250117P00055000 | 1 | 55.0 | 15.0 - 15.7 | 15.0 | Out |
Put | WAL250117P00060000 | 4 | 60.0 | 18.4 - 19.2 | 18.4 | Out |
Western Alliance Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
| Timeline |
Western Total Stockholder Equity
Total Stockholder Equity |
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Western Alliance Corporate Directors
| Steven Hilton | Independent Director | Profile | |
| Marianne Johnson | Independent Director | Profile | |
| Donald Snyder | Independent Director | Profile | |
| Bruce Beach | Lead Independent Director | Profile |
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Is Regional Banks 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 Western Alliance. If investors know Western 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 Western Alliance 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 (0.09) | Dividend Share 1.48 | Earnings Share 6.47 | Revenue Per Share | Quarterly Revenue Growth 0.121 |
The market value of Western Alliance Ban is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western Alliance's value that differs from its market value or its book value, called intrinsic value, which is Western Alliance'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 Western Alliance's market value can be influenced by many factors that don't directly affect Western Alliance'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 Western Alliance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Alliance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Alliance'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.