Allegiant Travel Stock Options
| ALGT Stock | USD 79.04 1.73 2.14% |
Allegiant Travel's latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 1.44 with a put-to-call open interest ratio of 0.72 over 40 outstanding agreements suggesting investors are buying slightly more calls than puts on contracts expiring on 2024-12-20. The total put volume is at 108, with calls trading at the volume of 108. This yields a 1.69 put-to-call volume ratio.
Open Interest Against 2024-12-20 Option Contracts
Allegiant Travel option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Allegiant Travel's lending market. For example, when Allegiant Travel's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Allegiant Travel, he or she must hedge the risk by shorting Allegiant Travel stock over its option's life.
2024-12-20
The chart above shows Allegiant Travel'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. Allegiant Travel's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Allegiant Travel's option, there is no secondary market available for investors to trade.
Allegiant Travel Maximum Pain Price across 2024-12-20 Option Contracts
Max pain occurs when Allegiant Travel's market makers reach a net positive position across all Allegiant Travel's options at a strike price where option holders stand to lose the most money. By contrast, Allegiant Travel's option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Allegiant Travel's option chain provides insight into all available option contracts written on Allegiant Travel's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Allegiant Travel's stock options below provides a detailed picture of the payoff. Comparing vital and dynamic information of various option contracts across diverse expiration periods will help you make an educated decision on your market timing strategies around investing in a given Allegiant option contract.
In The Money vs. Out of Money Option Contracts on Allegiant Travel
Analyzing Allegiant Travel's in-the-money options over time can help investors to take a profitable long position in Allegiant Travel regardless of its overall volatility. This is especially true when Allegiant Travel's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Allegiant Travel's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Allegiant Travel's stock while costing only a fraction of its price.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allegiant Travel. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Allegiant Travel In The Money Call Balance
When Allegiant Travel's strike price is surpassing the current stock price, the option contract against Allegiant Travel stock is said to be in the money. When it comes to buying Allegiant Travel'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 Allegiant Travel 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.
Allegiant Current Options Market Mood
Allegiant Travel'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 Allegiant 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 Allegiant Travel's options investors are not very successful. Allegiant Travel'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 Allegiant contract
Base on the Rule 16, the options market is currently suggesting that Allegiant Travel will have an average daily up or down price movement of about 0.09% per day over the life of the 2024-12-20 option contract. With Allegiant Travel trading at USD 79.04, that is roughly USD 0.0711. If you think that the market is fully incorporating Allegiant Travel's daily price movement you should consider buying Allegiant Travel options at the current volatility level of 1.44%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Allegiant |
Purchasing Allegiant Travel 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" Allegiant calls. Remember, the seller must deliver Allegiant Travel stock to the call owner when a call is exercised.
Allegiant Travel Option Chain
When Allegiant Travel's strike price is surpassing the current stock price, the option contract against Allegiant Travel 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.
Allegiant Travel's option chain is a display of a range of information that helps investors for ways to trade options on Allegiant. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Allegiant. It also shows strike prices and maturity days for a Allegiant Travel 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 | ALGT Option Call 20-12-2024 30 | 13 | 2024-12-20 | 8.1 - 11.4 | 21.3 | In |
Call | ALGT Option Call 20-12-2024 35 | 2 | 2024-12-20 | 8.2 - 11.9 | 7.4 | In |
Call | ALGT Option Call 20-12-2024 40 | 0 | 2024-12-20 | 39.9 - 44.2 | 23.0 | In |
Call | ALGT Option Call 20-12-2024 45 | 45 | 2024-12-20 | 35.2 - 38.0 | 24.0 | In |
Call | ALGT Option Call 20-12-2024 50 | 120 | 2024-12-20 | 30.4 - 33.0 | 33.03 | In |
Call | ALGT Option Call 20-12-2024 55 | 191 | 2024-12-20 | 25.1 - 28.0 | 16.2 | In |
Call | ALGT Option Call 20-12-2024 60 | 167 | 2024-12-20 | 20.5 - 22.1 | 26.41 | In |
Call | ALGT Option Call 20-12-2024 65 | 40 | 2024-12-20 | 15.7 - 17.3 | 17.5 | In |
Call | ALGT Option Call 20-12-2024 70 | 77 | 2024-12-20 | 11.3 - 12.1 | 12.0 | In |
Call | ALGT Option Call 20-12-2024 75 | 725 | 2024-12-20 | 7.0 - 7.8 | 6.6 | In |
Call | ALGT Option Call 20-12-2024 80 | 314 | 2024-12-20 | 4.0 - 4.4 | 3.81 | In |
Call | ALGT Option Call 20-12-2024 85 | 101 | 2024-12-20 | 1.9 - 2.15 | 1.6 | Out |
Call | ALGT Option Call 20-12-2024 90 | 142 | 2024-12-20 | 0.85 - 1.05 | 0.9 | Out |
Call | ALGT Option Call 20-12-2024 95 | 12 | 2024-12-20 | 0.4 - 0.55 | 0.65 | Out |
Call | ALGT Option Call 20-12-2024 100 | 425 | 2024-12-20 | 0.0 - 0.75 | 0.3 | Out |
Call | ALGT Option Call 20-12-2024 105 | 105 | 2024-12-20 | 0.0 - 2.25 | 1.0 | Out |
Call | ALGT Option Call 20-12-2024 110 | 77 | 2024-12-20 | 0.0 - 0.75 | 0.25 | Out |
Call | ALGT Option Call 20-12-2024 115 | 6 | 2024-12-20 | 0.0 - 0.0 | 4.6 | Out |
Call | ALGT Option Call 20-12-2024 120 | 2 | 2024-12-20 | 0.0 - 2.4 | 0.66 | Out |
Call | ALGT Option Call 20-12-2024 125 | 27 | 2024-12-20 | 0.0 - 0.75 | 0.07 | Out |
Put | ALGT Option Put 20-12-2024 22 | 7 | 2024-12-20 | 0.0 - 0.45 | 0.68 | Out |
Put | ALGT Option Put 20-12-2024 25 | 16 | 2024-12-20 | 0.0 - 0.5 | 0.05 | Out |
Put | ALGT Option Put 20-12-2024 30 | 0 | 2024-12-20 | 0.0 - 0.7 | 0.2 | |
Put | ALGT Option Put 20-12-2024 35 | 236 | 2024-12-20 | 0.0 - 0.75 | 0.05 | Out |
Put | ALGT Option Put 20-12-2024 40 | 115 | 2024-12-20 | 0.0 - 0.75 | 0.48 | Out |
Put | ALGT Option Put 20-12-2024 45 | 313 | 2024-12-20 | 0.0 - 0.75 | 0.05 | Out |
Put | ALGT Option Put 20-12-2024 50 | 411 | 2024-12-20 | 0.0 - 0.95 | 0.05 | Out |
Put | ALGT Option Put 20-12-2024 55 | 118 | 2024-12-20 | 0.0 - 0.6 | 0.1 | Out |
Put | ALGT Option Put 20-12-2024 60 | 86 | 2024-12-20 | 0.0 - 0.4 | 0.4 | Out |
Put | ALGT Option Put 20-12-2024 65 | 251 | 2024-12-20 | 0.1 - 0.3 | 0.38 | Out |
Put | ALGT Option Put 20-12-2024 70 | 23 | 2024-12-20 | 0.4 - 0.65 | 2.31 | Out |
Put | ALGT Option Put 20-12-2024 75 | 31 | 2024-12-20 | 1.15 - 1.55 | 1.0 | Out |
Put | ALGT Option Put 20-12-2024 80 | 195 | 2024-12-20 | 2.75 - 3.3 | 3.9 | Out |
Put | ALGT Option Put 20-12-2024 85 | 6 | 2024-12-20 | 5.5 - 6.2 | 6.4 | In |
Put | ALGT Option Put 20-12-2024 90 | 8 | 2024-12-20 | 9.4 - 10.6 | 18.47 | In |
Put | ALGT Option Put 20-12-2024 95 | 0 | 2024-12-20 | 41.8 - 45.8 | 40.1 | In |
Put | ALGT Option Put 20-12-2024 100 | 0 | 2024-12-20 | 44.8 - 48.8 | 44.76 | In |
Put | ALGT Option Put 20-12-2024 105 | 2 | 2024-12-20 | 38.5 - 41.7 | 33.87 | In |
Put | ALGT Option Put 20-12-2024 110 | 25 | 2024-12-20 | 37.2 - 40.6 | 36.93 | In |
Put | ALGT Option Put 20-12-2024 115 | 10 | 2024-12-20 | 54.7 - 58.1 | 42.7 | In |
Allegiant Travel Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
| Timeline |
Allegiant Total Stockholder Equity
Total Stockholder Equity |
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Allegiant Travel Corporate Management
| Robert Neal | Sr Treasurer | Profile | |
| Rebecca Aretos | VP Officer | Profile | |
| Drew Wells | Senior Officer | Profile | |
| Michael Broderick | Senior Transformation | Profile |
Additional Tools for Allegiant Stock Analysis
When running Allegiant Travel's price analysis, check to measure Allegiant Travel's 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 Allegiant Travel is operating at the current time. Most of Allegiant Travel's value examination focuses on studying past and present price action to predict the probability of Allegiant Travel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allegiant Travel's price. Additionally, you may evaluate how the addition of Allegiant Travel to your portfolios can decrease your overall portfolio volatility.