FCBC Option Call 20-12-2024 40 Option on First Community Banc
FCBC Stock | USD 46.12 0.27 0.59% |
FCBC Option Call 20-12-2024 40 is a CALL option contract on First Community's common stock with a strick price of 40.0 expiring on 2024-12-20. The contract was last traded on 2024-07-23 at 10:21:21 for $4.8 and, as of today, has 15 days remaining before the expiration. The option is currently trading at a bid price of $2.85, and an ask price of $4.4. The implied volatility as of the 5th of December is 15.0.
First |
The strike price represents the predetermined price at which a call buyer can buy First Stock. Call options may be purchased for speculation or sold for income purposes, or simply combined for various spread or combination strategies. If First Community's price is above the strike price at expiry, the profit is the current First Community's stock price, minus the strike price and the premium.
Rule 16 of 2024-12-20 Option Contract
The options market is anticipating that First Community Bancshares will have an average daily up or down price movement of about 1.0E-6% per day over the life of the option. With First Community trading at USD 46.12, that is roughly USD 0.0. If you think that the market is fully understating First Community's daily price movement you should consider buying First Community Bancshares options at that current volatility level of 1.0E-5%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Call Option on First Community
An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their First Community positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on First Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract Name | FCBC Option Call 20-12-2024 40 |
Expires On | 2024-12-20 |
Days Before Expriration | 15 |
Last Traded On | 2024-07-23 10:21:21 |
Open Interest | 1 |
Current Trading Volume | 1.0 |
Strike Price | 40.0 |
Last Traded At | 4.8 |
Current Price Spread | 2.85 | 4.4 |
First long CALL Option Payoff at expiration
Buying First Community's call option is the simplest of option trades. A call option on First Stock gives investors the right (but not the obligation) to purchase First Community at the given strike price. Therefore First Community's call intrinsic value or payoff at expiration depends on where the First Stock price is relative to the call option strike price. The strike price of 40.0 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and negative (the trade is a loss). Above the strike, the payoff line is upward sloping as the option payoff rises in proportion with First Community's price. Finally, at the break-even point of 40.0, the line crosses zero, and trading First becomes profitable.
Profit |
First Community Price At Expiration |
First short CALL Option Payoff at expiration
By selling First Community's call option, the investors signals his or her bearish sentiment. A short position in a call option written on First Community will generally make money when the underlying price goes down. Therefore First Community's call intrinsic value or payoff at expiration depends on where the First Stock price is relative to the call option strike price. The strike price of 40.0 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and positive (the seller makes a profit). Above the strike, the payoff line is downward sloping as the option payoff drops in proportion to First Community's price. Finally, at the break-even point of 40.0, the line crosses zero, and trading First becomes disadvantageous with no downside limits.
Profit |
First Community Price At Expiration |
First Community Banc Available Call Options
First Community's option chain is a display of a range of information that helps investors for ways to trade options on First. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for First. It also shows strike prices and maturity days for a First Community 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 | FCBC Option Call 20-12-2024 40 | 1 | 2024-12-20 | 2.85 - 4.4 | 4.8 | In |
Call | FCBC Option Call 20-12-2024 50 | 0 | 2024-12-20 | 0.0 - 0.0 | 2.42 |
First Community Corporate Management
Carter Bundy | Treasurer | Profile | |
William II | Chairman CEO | Profile | |
Jason CPA | Chief Officer | Profile | |
Derek Bonnett | Chief Officer | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Community Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. For information on how to trade First Stock refer to our How to Trade First Stock guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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 First Community. If investors know First 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 First Community 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 1.2 | Earnings Share 2.76 | Revenue Per Share 8.864 | Quarterly Revenue Growth (0.03) |
The market value of First Community Banc is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Community's value that differs from its market value or its book value, called intrinsic value, which is First Community'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 First Community's market value can be influenced by many factors that don't directly affect First Community'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 First Community's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Community is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Community'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.