NE260116P00025000 Option on Noble plc
NE Stock | USD 33.25 0.65 1.92% |
Noble Plc's latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 0.67 with a put-to-call open interest ratio of 0.56 over 40 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on 2024-12-20. The total put volume is at 2.2 K, with calls trading at the volume of 2.2 K. This yields a 5.96 put-to-call volume ratio.
Open Interest Against 2024-12-20 Option Contracts
2024-12-20
The chart above shows Noble Plc'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. Noble Plc's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Noble Plc's option, there is no secondary market available for investors to trade.
Noble Plc's option chain provides insight into all available option contracts written on Noble Plc's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Noble Plc's stock options below provides a detailed picture of the payoff. Comparing vital and dynamic information of various option contracts across diverse expiration periods will help you make an educated decision on your market timing strategies around investing in a given Noble option contract.
In The Money vs. Out of Money Option Contracts on Noble Plc
Analyzing Noble Plc's in-the-money options over time can help investors to take a profitable long position in Noble Plc regardless of its overall volatility. This is especially true when Noble Plc's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Noble Plc's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Noble Plc's stock while costing only a fraction of its price.
Noble Plc's stock options are financial instruments that give investors the right to buy or sell shares of Noble plc common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Noble stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Noble Plc's stock price goes up or down, the stock options follow.
At present, Noble Plc's Total Stockholder Equity is projected to decrease significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 8.9 B, whereas Common Stock is forecasted to decline to 855.00. Noble plc In The Money Call Balance
When Noble Plc's strike price is surpassing the current stock price, the option contract against Noble plc stock is said to be in the money. When it comes to buying Noble Plc'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 Noble plc 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.
Noble Current Options Market Mood
Noble Plc'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 Noble 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
Unfortunately, most Noble Plc's options investors are not very successful. Noble Plc'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 Noble contract
Base on the Rule 16, the options market is currently suggesting that Noble plc will have an average daily up or down price movement of about 0.0419% per day over the life of the 2024-12-20 option contract. With Noble Plc trading at USD 33.25, that is roughly USD 0.0139. If you think that the market is fully incorporating Noble Plc's daily price movement you should consider buying Noble plc options at the current volatility level of 0.67%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Noble |
Purchasing Noble Plc 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" Noble calls. Remember, the seller must deliver Noble plc stock to the call owner when a call is exercised.
Noble Plc Option Chain
When Noble Plc's strike price is surpassing the current stock price, the option contract against Noble plc 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.
Noble Plc's option chain is a display of a range of information that helps investors for ways to trade options on Noble. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Noble. It also shows strike prices and maturity days for a Noble Plc 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 | NE Option Call 20-12-2024 17 | 1 | 2024-12-20 | 14.9 - 16.3 | 19.0 | In |
Call | NE Option Call 20-12-2024 20 | 2 | 2024-12-20 | 11.4 - 15.3 | 11.2 | In |
Call | NE Option Call 20-12-2024 22 | 2 | 2024-12-20 | 13.0 - 14.4 | 18.7 | In |
Call | NE Option Call 20-12-2024 25 | 14 | 2024-12-20 | 0.0 - 0.0 | 8.28 | In |
Call | NE Option Call 20-12-2024 27 | 45 | 2024-12-20 | 0.0 - 0.0 | 4.8 | In |
Call | NE Option Call 20-12-2024 30 | 292 | 2024-12-20 | 0.0 - 0.0 | 3.66 | In |
Call | NE Option Call 20-12-2024 32 | 557 | 2024-12-20 | 0.0 - 0.0 | 1.75 | In |
Call | NE Option Call 20-12-2024 35 | 2707 | 2024-12-20 | 0.0 - 0.0 | 0.45 | Out |
Call | NE Option Call 20-12-2024 37 | 4372 | 2024-12-20 | 0.0 - 0.0 | 0.1 | Out |
Call | NE Option Call 20-12-2024 40 | 2952 | 2024-12-20 | 0.0 - 0.0 | 0.05 | Out |
Call | NE Option Call 20-12-2024 42 | 632 | 2024-12-20 | 0.0 - 0.0 | 0.65 | Out |
Call | NE Option Call 20-12-2024 45 | 1265 | 2024-12-20 | 0.0 - 0.0 | 0.1 | Out |
Call | NE Option Call 20-12-2024 47 | 1335 | 2024-12-20 | 0.0 - 0.75 | 0.3 | Out |
Call | NE Option Call 20-12-2024 50 | 523 | 2024-12-20 | 0.0 - 0.0 | 0.05 | Out |
Call | NE Option Call 20-12-2024 52 | 68 | 2024-12-20 | 0.0 - 0.25 | 0.1 | Out |
Call | NE Option Call 20-12-2024 55 | 543 | 2024-12-20 | 0.0 - 1.3 | 0.22 | Out |
Call | NE Option Call 20-12-2024 57 | 19 | 2024-12-20 | 0.6 - 0.85 | 1.45 | Out |
Call | NE Option Call 20-12-2024 60 | 73 | 2024-12-20 | 0.0 - 0.25 | 0.45 | Out |
Call | NE Option Call 20-12-2024 65 | 17 | 2024-12-20 | 0.0 - 0.75 | 0.15 | Out |
Call | NE Option Call 20-12-2024 70 | 106 | 2024-12-20 | 0.0 - 2.25 | 0.45 | Out |
Call | NE Option Call 20-12-2024 75 | 12 | 2024-12-20 | 0.0 - 2.2 | 0.3 | Out |
Call | NE Option Call 20-12-2024 80 | 3 | 2024-12-20 | 0.3 - 0.55 | 0.9 | Out |
Put | NE Option Put 20-12-2024 22 | 2 | 2024-12-20 | 0.0 - 0.75 | 0.15 | Out |
Put | NE Option Put 20-12-2024 25 | 146 | 2024-12-20 | 0.0 - 0.0 | 0.05 | Out |
Put | NE Option Put 20-12-2024 27 | 171 | 2024-12-20 | 0.0 - 0.0 | 0.06 | Out |
Put | NE Option Put 20-12-2024 30 | 611 | 2024-12-20 | 0.0 - 0.0 | 0.2 | Out |
Put | NE Option Put 20-12-2024 32 | 1599 | 2024-12-20 | 0.0 - 0.0 | 0.61 | Out |
Put | NE Option Put 20-12-2024 35 | 1039 | 2024-12-20 | 0.0 - 0.0 | 2.15 | In |
Put | NE Option Put 20-12-2024 37 | 2005 | 2024-12-20 | 0.0 - 0.0 | 4.41 | In |
Put | NE Option Put 20-12-2024 40 | 955 | 2024-12-20 | 0.0 - 0.0 | 6.88 | In |
Put | NE Option Put 20-12-2024 42 | 107 | 2024-12-20 | 0.0 - 0.0 | 7.45 | In |
Put | NE Option Put 20-12-2024 45 | 1472 | 2024-12-20 | 0.0 - 0.0 | 9.95 | In |
Put | NE Option Put 20-12-2024 47 | 315 | 2024-12-20 | 13.6 - 15.6 | 8.2 | In |
Put | NE Option Put 20-12-2024 50 | 186 | 2024-12-20 | 0.0 - 0.0 | 14.78 | In |
Put | NE Option Put 20-12-2024 52 | 0 | 2024-12-20 | 12.1 - 16.4 | 7.2 | In |
Put | NE Option Put 20-12-2024 55 | 17 | 2024-12-20 | 10.3 - 14.0 | 10.9 | In |
Put | NE Option Put 20-12-2024 60 | 1 | 2024-12-20 | 15.2 - 18.2 | 15.4 | In |
Put | NE Option Put 20-12-2024 65 | 6 | 2024-12-20 | 20.8 - 22.0 | 19.4 | In |
Put | NE Option Put 20-12-2024 70 | 0 | 2024-12-20 | 24.2 - 26.5 | 23.1 | In |
Put | NE Option Put 20-12-2024 80 | 2 | 2024-12-20 | 0.0 - 0.0 | 46.0 | In |
Noble Total Stockholder Equity
Total Stockholder Equity |
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Noble Plc Corporate Directors
Julie Edwards | Independent Director | Profile | |
Roger Jenkins | Independent Director | Profile | |
Jon Marshall | Independent Director | Profile | |
Gordon Hall | Lead Independent Director | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Noble plc. 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. For information on how to trade Noble Stock refer to our How to Trade Noble Stock guide.You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Energy Equipment & Services 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 Noble Plc. If investors know Noble 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 Noble Plc 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 (0.63) | Dividend Share 1.7 | Earnings Share 3.4 | Revenue Per Share 18.385 | Quarterly Revenue Growth 0.138 |
The market value of Noble plc is measured differently than its book value, which is the value of Noble that is recorded on the company's balance sheet. Investors also form their own opinion of Noble Plc's value that differs from its market value or its book value, called intrinsic value, which is Noble Plc'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 Noble Plc's market value can be influenced by many factors that don't directly affect Noble Plc'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 Noble Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Noble Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Noble Plc'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.