Worthington Industries Stock Options
WOR Stock | USD 39.77 0.82 2.11% |
Worthington Industries' latest option contracts expiring on January 17th 2025 are carrying combined implied volatility of 0.77. The total put volume is at 5.0, with calls trading at the volume of 1.0. This yields a 5.0 put-to-call volume ratio. The Worthington Industries option chain provides detailed quote and price information for the current Worthington Industries option contracts. It shows all of Worthington Industries' listed puts, calls, expiration dates, strike prices, and other pricing information.
In The Money vs. Out of Money Option Contracts on Worthington Industries
Analyzing Worthington Industries' in-the-money options over time can help investors to take a profitable long position in Worthington Industries regardless of its overall volatility. This is especially true when Worthington Industries' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Worthington Industries' options could be used as guardians of the underlying stock as they move almost dollar for dollar with Worthington Industries' stock while costing only a fraction of its price.
Worthington Industries In The Money Call Balance
When Worthington Industries' strike price is surpassing the current stock price, the option contract against Worthington Industries stock is said to be in the money. When it comes to buying Worthington 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 Worthington 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.
Worthington Current Options Market Mood
Worthington 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 Worthington 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 Worthington Industries' options investors are not very successful. Worthington 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 Worthington contract
Base on the Rule 16, the options market is currently suggesting that Worthington Industries will have an average daily up or down price movement of about 0.0481% per day over the life of the 2025-01-17 option contract. With Worthington Industries trading at USD 39.77, that is roughly USD 0.0191. If you think that the market is fully incorporating Worthington Industries' daily price movement you should consider buying Worthington Industries options at the current volatility level of 0.77%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Worthington |
Purchasing Worthington 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" Worthington calls. Remember, the seller must deliver Worthington Industries stock to the call owner when a call is exercised.
Worthington Industries Option Chain
When Worthington Industries' strike price is surpassing the current stock price, the option contract against Worthington 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.
Worthington Industries' option chain is a display of a range of information that helps investors for ways to trade options on Worthington. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Worthington. It also shows strike prices and maturity days for a Worthington 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 | Strike Price | Current Spread | Last Price | |||
Call | WOR250117C00022500 | 0 | 22.5 | 16.4 - 20.0 | 16.4 | In |
Call | WOR250117C00025000 | 0 | 25.0 | 13.9 - 17.5 | 13.9 | In |
Call | WOR250117C00030000 | 0 | 30.0 | 9.1 - 12.6 | 9.1 | In |
Call | WOR250117C00035000 | 0 | 35.0 | 4.6 - 8.5 | 4.6 | In |
Call | WOR250117C00040000 | 0 | 40.0 | 2.45 - 3.3 | 2.85 | In |
Call | WOR250117C00045000 | 0 | 45.0 | 0.45 - 1.7 | 0.45 | |
Call | WOR250117C00050000 | 0 | 50.0 | 0.0 - 2.45 | 2.45 | |
Call | WOR250117C00055000 | 0 | 55.0 | 0.0 - 2.2 | 2.2 | |
Call | WOR250117C00060000 | 0 | 60.0 | 0.0 - 0.45 | 0.45 | |
Call | WOR250117C00065000 | 0 | 65.0 | 0.0 - 2.15 | 2.15 | |
Put | WOR250117P00022500 | 0 | 22.5 | 0.0 - 2.15 | 2.15 | |
Put | WOR250117P00025000 | 0 | 25.0 | 0.0 - 2.2 | 2.2 | |
Put | WOR250117P00030000 | 0 | 30.0 | 0.0 - 2.35 | 2.35 | |
Put | WOR250117P00035000 | 0 | 35.0 | 0.0 - 1.75 | 0.7 | |
Put | WOR250117P00040000 | 0 | 40.0 | 0.35 - 4.1 | 0.35 | |
Put | WOR250117P00045000 | 0 | 45.0 | 3.5 - 7.2 | 3.5 | In |
Put | WOR250117P00050000 | 0 | 50.0 | 8.1 - 11.4 | 8.1 | In |
Put | WOR250117P00055000 | 0 | 55.0 | 13.1 - 16.4 | 13.1 | In |
Put | WOR250117P00060000 | 0 | 60.0 | 18.3 - 21.2 | 18.3 | In |
Put | WOR250117P00065000 | 0 | 65.0 | 23.2 - 25.5 | 23.2 | In |
Worthington Industries Selling And Marketing Expenses Over Time
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Worthington Total Stockholder Equity
Total Stockholder Equity |
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Worthington Industries Corporate Directors
Kerrii Anderson | Independent Director | Profile | |
Peter Karmanos | Independent Director | Profile | |
John Blystone | Lead Independent Director | Profile | |
Michael Endres | Independent Director | Profile |
Additional Tools for Worthington Stock Analysis
When running Worthington Industries' price analysis, check to measure Worthington Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Worthington Industries is operating at the current time. Most of Worthington Industries' value examination focuses on studying past and present price action to predict the probability of Worthington Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Worthington Industries' price. Additionally, you may evaluate how the addition of Worthington Industries to your portfolios can decrease your overall portfolio volatility.