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

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.
  
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 IntExpirationCurrent SpreadLast Price
Call
NE Option Call 20-12-2024 1712024-12-2014.9 - 16.319.0In
Call
NE Option Call 20-12-2024 2022024-12-2011.4 - 15.311.2In
Call
NE Option Call 20-12-2024 2222024-12-2013.0 - 14.418.7In
Call
NE Option Call 20-12-2024 25142024-12-200.0 - 0.08.28In
Call
NE Option Call 20-12-2024 27452024-12-200.0 - 0.04.8In
Call
NE Option Call 20-12-2024 302922024-12-200.0 - 0.03.66In
Call
NE Option Call 20-12-2024 325572024-12-200.0 - 0.01.75In
Call
NE Option Call 20-12-2024 3527072024-12-200.0 - 0.00.45Out
Call
NE Option Call 20-12-2024 3743722024-12-200.0 - 0.00.1Out
Call
NE Option Call 20-12-2024 4029522024-12-200.0 - 0.00.05Out
Call
NE Option Call 20-12-2024 426322024-12-200.0 - 0.00.65Out
Call
NE Option Call 20-12-2024 4512652024-12-200.0 - 0.00.1Out
Call
NE Option Call 20-12-2024 4713352024-12-200.0 - 0.750.3Out
Call
NE Option Call 20-12-2024 505232024-12-200.0 - 0.00.05Out
Call
NE Option Call 20-12-2024 52682024-12-200.0 - 0.250.1Out
Call
NE Option Call 20-12-2024 555432024-12-200.0 - 1.30.22Out
Call
NE Option Call 20-12-2024 57192024-12-200.6 - 0.851.45Out
Call
NE Option Call 20-12-2024 60732024-12-200.0 - 0.250.45Out
Call
NE Option Call 20-12-2024 65172024-12-200.0 - 0.750.15Out
Call
NE Option Call 20-12-2024 701062024-12-200.0 - 2.250.45Out
Call
NE Option Call 20-12-2024 75122024-12-200.0 - 2.20.3Out
Call
NE Option Call 20-12-2024 8032024-12-200.3 - 0.550.9Out
 Put
NE Option Put 20-12-2024 2222024-12-200.0 - 0.750.15Out
 Put
NE Option Put 20-12-2024 251462024-12-200.0 - 0.00.05Out
 Put
NE Option Put 20-12-2024 271712024-12-200.0 - 0.00.06Out
 Put
NE Option Put 20-12-2024 306112024-12-200.0 - 0.00.2Out
 Put
NE Option Put 20-12-2024 3215992024-12-200.0 - 0.00.61Out
 Put
NE Option Put 20-12-2024 3510392024-12-200.0 - 0.02.15In
 Put
NE Option Put 20-12-2024 3720052024-12-200.0 - 0.04.41In
 Put
NE Option Put 20-12-2024 409552024-12-200.0 - 0.06.88In
 Put
NE Option Put 20-12-2024 421072024-12-200.0 - 0.07.45In
 Put
NE Option Put 20-12-2024 4514722024-12-200.0 - 0.09.95In
 Put
NE Option Put 20-12-2024 473152024-12-2013.6 - 15.68.2In
 Put
NE Option Put 20-12-2024 501862024-12-200.0 - 0.014.78In
 Put
NE Option Put 20-12-2024 5202024-12-2012.1 - 16.47.2In
 Put
NE Option Put 20-12-2024 55172024-12-2010.3 - 14.010.9In
 Put
NE Option Put 20-12-2024 6012024-12-2015.2 - 18.215.4In
 Put
NE Option Put 20-12-2024 6562024-12-2020.8 - 22.019.4In
 Put
NE Option Put 20-12-2024 7002024-12-2024.2 - 26.523.1In
 Put
NE Option Put 20-12-2024 8022024-12-200.0 - 0.046.0In

Noble Total Stockholder Equity

Total Stockholder Equity

5.02 Billion

At present, Noble Plc's Total Stockholder Equity is projected to decrease significantly based on the last few years of reporting.

Noble Plc Corporate Directors

Julie EdwardsIndependent DirectorProfile
Roger JenkinsIndependent DirectorProfile
Jon MarshallIndependent DirectorProfile
Gordon HallLead Independent DirectorProfile
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.