Black Hills Stock Options
| BKH Stock | USD 61.00 0.38 0.62% |
Black Hills' latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 0.08 with a put-to-call open interest ratio of 0.0 over 6 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2024-12-20. The total put volume is at 5.0, with calls trading at the volume of 5.0. This yields a 0.24 put-to-call volume ratio.
In The Money vs. Out of Money Option Contracts on Black Hills
Analyzing Black Hills' in-the-money options over time can help investors to take a profitable long position in Black Hills regardless of its overall volatility. This is especially true when Black Hills' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Black Hills' options could be used as guardians of the underlying stock as they move almost dollar for dollar with Black Hills' 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 Black Hills. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
Black Hills In The Money Call Balance
When Black Hills' strike price is surpassing the current stock price, the option contract against Black Hills stock is said to be in the money. When it comes to buying Black Hills' 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 Black Hills 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.
Black Current Options Market Mood
Black Hills' 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 Black 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
Most options investors, including buyers and sellers of Black Hills' calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Black Hills' 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 Black contract
Base on the Rule 16, the options market is currently suggesting that Black Hills will have an average daily up or down price movement of about 0.004881% per day over the life of the 2024-12-20 option contract. With Black Hills trading at USD 61.0, that is roughly USD 0.002978. If you think that the market is fully incorporating Black Hills' daily price movement you should consider buying Black Hills options at the current volatility level of 0.0781%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Black |
Purchasing Black Hills 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" Black calls. Remember, the seller must deliver Black Hills stock to the call owner when a call is exercised.
Black Hills Option Chain
When Black Hills' strike price is surpassing the current stock price, the option contract against Black Hills 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.
Black Hills' option chain is a display of a range of information that helps investors for ways to trade options on Black. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Black. It also shows strike prices and maturity days for a Black Hills 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 | BKH Option Call 20-12-2024 60 | 0 | 2024-12-20 | 0.0 - 0.0 | 3.5 | In |
Call | BKH Option Call 20-12-2024 65 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.4 | |
Call | BKH Option Call 20-12-2024 70 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Put | BKH Option Put 20-12-2024 65 | 0 | 2024-12-20 | 0.0 - 0.0 | 4.2 | In |
Put | BKH Option Put 20-12-2024 60 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.15 | |
Put | BKH Option Put 20-12-2024 55 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.15 |
Black Hills Market Cap Over Time
Market Cap |
| Timeline |
Black Total Stockholder Equity
Total Stockholder Equity |
|
Black Hills Corporate Directors
| Salvador Diaz | Director Relations | Profile | |
| Mark Schober | Independent Director | Profile | |
| Michael Madison | Independent Director | Profile | |
| John Vering | Lead Independent Director | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Black Hills. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For more detail on how to invest in Black Stock please use our How to Invest in Black Hills guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Multi-Utilities 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 Black Hills. If investors know Black 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 Black Hills 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 (0.48) | Dividend Share 2.575 | Earnings Share 3.69 | Revenue Per Share 30.814 | Quarterly Revenue Growth (0.01) |
The market value of Black Hills is measured differently than its book value, which is the value of Black that is recorded on the company's balance sheet. Investors also form their own opinion of Black Hills' value that differs from its market value or its book value, called intrinsic value, which is Black Hills' 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 Black Hills' market value can be influenced by many factors that don't directly affect Black Hills' 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 Black Hills' value and its price as these two are different measures arrived at by different means. Investors typically determine if Black Hills is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Black Hills' 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.