Kirby Stock Options
| KEX Stock | USD 117.90 0.15 0.13% |
Kirby's latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 0.91 with a put-to-call open interest ratio of 0.12 over 21 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2024-12-20. The total put volume is at 21.0, with calls trading at the volume of 21.0. This yields a 0.5 put-to-call volume ratio.
Open Interest Against 2024-12-20 Option Contracts
Kirby 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 Kirby's lending market. For example, when Kirby'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 Kirby, he or she must hedge the risk by shorting Kirby stock over its option's life.
2024-12-20
The chart above shows Kirby'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. Kirby's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Kirby's option, there is no secondary market available for investors to trade.
Kirby Maximum Pain Price across 2024-12-20 Option Contracts
Max pain occurs when Kirby's market makers reach a net positive position across all Kirby's options at a strike price where option holders stand to lose the most money. By contrast, Kirby's option sellers may reap the most after selling more options than buying, causing them to expire worthless.
In The Money vs. Out of Money Option Contracts on Kirby
Analyzing Kirby's in-the-money options over time can help investors to take a profitable long position in Kirby regardless of its overall volatility. This is especially true when Kirby's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Kirby's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Kirby's stock while costing only a fraction of its price.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kirby. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Kirby In The Money Call Balance
When Kirby's strike price is surpassing the current stock price, the option contract against Kirby stock is said to be in the money. When it comes to buying Kirby'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 Kirby 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.
Kirby Current Options Market Mood
Kirby'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 Kirby 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 Kirby'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. Kirby'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 Kirby contract
Base on the Rule 16, the options market is currently suggesting that Kirby will have an average daily up or down price movement of about 0.0569% per day over the life of the 2024-12-20 option contract. With Kirby trading at USD 117.9, that is roughly USD 0.0671. If you think that the market is fully incorporating Kirby's daily price movement you should consider buying Kirby options at the current volatility level of 0.91%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Kirby |
Purchasing Kirby 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" Kirby calls. Remember, the seller must deliver Kirby stock to the call owner when a call is exercised.
Kirby Option Chain
When Kirby's strike price is surpassing the current stock price, the option contract against Kirby 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.
Kirby's option chain is a display of a range of information that helps investors for ways to trade options on Kirby. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Kirby. It also shows strike prices and maturity days for a Kirby 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. Kirby Total Stockholder Equity
Total Stockholder Equity |
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Kirby Corporate Directors
| William Waterman | Independent Director | Profile | |
| AnneMarie Ainsworth | Independent Director | Profile | |
| Barry Davis | Independent Director | Profile | |
| Monte Miller | Independent Director | Profile |
Additional Tools for Kirby Stock Analysis
When running Kirby's price analysis, check to measure Kirby'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 Kirby is operating at the current time. Most of Kirby's value examination focuses on studying past and present price action to predict the probability of Kirby's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kirby's price. Additionally, you may evaluate how the addition of Kirby to your portfolios can decrease your overall portfolio volatility.