MPX Option Call 20-12-2024 11 Option on Marine Products

MPX Stock  USD 9.63  0.21  2.13%   
MPX Option Call 20-12-2024 11 is a CALL option contract on Marine Products' common stock with a strick price of 11.8 expiring on 2024-12-20. The contract was last traded on 2024-09-23 at 14:48:40 for $0.15 and, as of today, has 9 days remaining before the expiration. The option is currently trading at an ask price of $0.75. The implied volatility as of the 11th of December 2024 is 9.0.
  
The strike price represents the predetermined price at which a call buyer can buy Marine Stock. Call options may be purchased for speculation or sold for income purposes, or simply combined for various spread or combination strategies. If Marine Products' price is above the strike price at expiry, the profit is the current Marine Products' stock price, minus the strike price and the premium.

Rule 16 of 2024-12-20 Option Contract

The options market is anticipating that Marine Products will have an average daily up or down price movement of about 0.0955% per day over the life of the option. With Marine Products trading at USD 9.63, that is roughly USD 0.009193. If you think that the market is fully understating Marine Products' daily price movement you should consider buying Marine Products options at that current volatility level of 1.53%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on Marine Products

An 'Out of The Money' option on Marine has a strike price that Marine Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for Marine Products' 'Out of The Money' options include buying the options if you expect a big move in Marine Products' stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Call Contract NameMPX Option Call 20-12-2024 11
Expires On2024-12-20
Days Before Expriration9
Last Traded On2024-09-23 14:48:40
Open Interest6
Current Trading Volume1.0
Strike Price11.8
Last Traded At0.15
Current Price Spread0.0 | 0.75
Rule 16 Daily Up or DownUSD 0.009193

Marine long CALL Option Payoff at expiration

Buying Marine Products' call option is the simplest of option trades. A call option on Marine Stock gives investors the right (but not the obligation) to purchase Marine Products at the given strike price. Therefore Marine Products' call intrinsic value or payoff at expiration depends on where the Marine Stock price is relative to the call option strike price. The strike price of 11.8 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 Marine Products' price. Finally, at the break-even point of 11.8, the line crosses zero, and trading Marine becomes profitable.
   Profit   
       Marine Products Price At Expiration  

Marine short CALL Option Payoff at expiration

By selling Marine Products' call option, the investors signals his or her bearish sentiment. A short position in a call option written on Marine Products will generally make money when the underlying price goes down. Therefore Marine Products' call intrinsic value or payoff at expiration depends on where the Marine Stock price is relative to the call option strike price. The strike price of 11.8 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 Marine Products' price. Finally, at the break-even point of 11.8, the line crosses zero, and trading Marine becomes disadvantageous with no downside limits.
   Profit   
       Marine Products Price At Expiration  
View All Marine Products Options

Marine Products Available Call Options

Marine Products' option chain is a display of a range of information that helps investors for ways to trade options on Marine. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Marine. It also shows strike prices and maturity days for a Marine Products 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 IntExpirationCurrent SpreadLast Price
Call
MPX Option Call 20-12-2024 602024-12-201.95 - 3.53.3In
Call
MPX Option Call 20-12-2024 992024-12-200.0 - 2.050.63In
Call
MPX Option Call 20-12-2024 1052024-12-201.9 - 3.82.47Out
Call
MPX Option Call 20-12-2024 1162024-12-200.0 - 0.750.15Out
Call
MPX Option Call 20-12-2024 1212024-12-200.0 - 2.50.9Out
Call
MPX Option Call 20-12-2024 14642024-12-200.0 - 0.150.1Out
Call
MPX Option Call 20-12-2024 1552024-12-200.0 - 1.650.5Out
Call
MPX Option Call 20-12-2024 16302024-12-200.0 - 0.10.05Out
Call
MPX Option Call 20-12-2024 17242024-12-200.0 - 0.00.2Out

Marine Products Corporate Directors

Pamela RollinsDirectorProfile
Bill DismukeIndependent DirectorProfile
James WilliamsIndependent DirectorProfile
Harry CynkusIndependent DirectorProfile

Additional Tools for Marine Stock Analysis

When running Marine Products' price analysis, check to measure Marine Products' 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 Marine Products is operating at the current time. Most of Marine Products' value examination focuses on studying past and present price action to predict the probability of Marine Products' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Marine Products' price. Additionally, you may evaluate how the addition of Marine Products to your portfolios can decrease your overall portfolio volatility.