Gentex Stock Options
| GNTX Stock | USD 31.15 0.47 1.53% |
Gentex's latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 1.14 with a put-to-call open interest ratio of 0.69 over 17 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on 2024-12-20. The total put volume is at 45.0, with calls trading at the volume of 45.0. This yields a 0.79 put-to-call volume ratio.
Open Interest Against 2024-12-20 Option Contracts
Gentex 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 Gentex's lending market. For example, when Gentex'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 Gentex, he or she must hedge the risk by shorting Gentex stock over its option's life.
2024-12-20
The chart above shows Gentex'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. Gentex's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Gentex's option, there is no secondary market available for investors to trade.
In The Money vs. Out of Money Option Contracts on Gentex
Analyzing Gentex's in-the-money options over time can help investors to take a profitable long position in Gentex regardless of its overall volatility. This is especially true when Gentex's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Gentex's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Gentex's stock while costing only a fraction of its price.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gentex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Gentex In The Money Call Balance
When Gentex's strike price is surpassing the current stock price, the option contract against Gentex stock is said to be in the money. When it comes to buying Gentex'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 Gentex 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.
Gentex Current Options Market Mood
Gentex'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 Gentex 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 Gentex'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. Gentex'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 Gentex contract
Base on the Rule 16, the options market is currently suggesting that Gentex will have an average daily up or down price movement of about 0.0712% per day over the life of the 2024-12-20 option contract. With Gentex trading at USD 31.15, that is roughly USD 0.0222. If you think that the market is fully incorporating Gentex's daily price movement you should consider buying Gentex options at the current volatility level of 1.14%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Gentex |
Purchasing Gentex 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" Gentex calls. Remember, the seller must deliver Gentex stock to the call owner when a call is exercised.
Gentex Option Chain
When Gentex's strike price is surpassing the current stock price, the option contract against Gentex 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.
Gentex's option chain is a display of a range of information that helps investors for ways to trade options on Gentex. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Gentex. It also shows strike prices and maturity days for a Gentex 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 | GNTX Option Call 20-12-2024 17 | 1 | 2024-12-20 | 15.8 - 18.5 | 17.01 | In |
Call | GNTX Option Call 20-12-2024 20 | 9 | 2024-12-20 | 10.5 - 13.6 | 10.6 | In |
Call | GNTX Option Call 20-12-2024 22 | 1 | 2024-12-20 | 8.4 - 11.2 | 11.4 | In |
Call | GNTX Option Call 20-12-2024 27 | 16 | 2024-12-20 | 0.95 - 4.6 | 3.59 | In |
Call | GNTX Option Call 20-12-2024 30 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.45 | In |
Call | GNTX Option Call 20-12-2024 32 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Call | GNTX Option Call 20-12-2024 35 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Call | GNTX Option Call 20-12-2024 37 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.06 | |
Call | GNTX Option Call 20-12-2024 40 | 4 | 2024-12-20 | 0.0 - 0.2 | 0.1 | Out |
Call | GNTX Option Call 20-12-2024 42 | 22 | 2024-12-20 | 0.0 - 0.2 | 0.25 | Out |
Call | GNTX Option Call 20-12-2024 50 | 60 | 2024-12-20 | 0.0 - 0.5 | 0.05 | Out |
Put | GNTX Option Put 20-12-2024 25 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.09 | |
Put | GNTX Option Put 20-12-2024 27 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.1 | |
Put | GNTX Option Put 20-12-2024 30 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.1 | |
Put | GNTX Option Put 20-12-2024 32 | 0 | 2024-12-20 | 0.0 - 0.0 | 1.7 | In |
Put | GNTX Option Put 20-12-2024 35 | 78 | 2024-12-20 | 3.8 - 4.5 | 3.99 | In |
Put | GNTX Option Put 20-12-2024 37 | 0 | 2024-12-20 | 6.8 - 9.1 | 4.4 | In |
Gentex Market Cap Over Time
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Gentex Total Stockholder Equity
Total Stockholder Equity |
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Gentex Corporate Management
| Scott Ryan | Assistant General Counsel and Corporate Secretary | Profile | |
| Craig Piersma | Vice Communications | Profile | |
| Josh OBerski | Marketing and Investor Relations | Profile | |
| Paul Flynn | Vice Operations | Profile | |
| Joseph IV | VP Officer | Profile |
Additional Tools for Gentex Stock Analysis
When running Gentex's price analysis, check to measure Gentex'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 Gentex is operating at the current time. Most of Gentex's value examination focuses on studying past and present price action to predict the probability of Gentex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gentex's price. Additionally, you may evaluate how the addition of Gentex to your portfolios can decrease your overall portfolio volatility.