SBAC241220P00185000 Option on SBA Communications Corp
| SBAC Stock | USD 217.38 5.88 2.63% |
SBA Communications' latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 1.17 with a put-to-call open interest ratio of 6.97 over 58 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on 2024-12-20. The total put volume is at 118, with calls trading at the volume of 118. This yields a 0.86 put-to-call volume ratio.
Open Interest Against 2024-12-20 Option Contracts
2024-12-20
The chart above shows SBA Communications' 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. SBA Communications' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for SBA Communications' option, there is no secondary market available for investors to trade.
In The Money vs. Out of Money Option Contracts on SBA Communications
Analyzing SBA Communications' in-the-money options over time can help investors to take a profitable long position in SBA Communications regardless of its overall volatility. This is especially true when SBA Communications' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money SBA Communications' options could be used as guardians of the underlying stock as they move almost dollar for dollar with SBA Communications' stock while costing only a fraction of its price.
SBA Communications' stock options are financial instruments that give investors the right to buy or sell shares of SBA Communications Corp common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell SBA stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If SBA Communications' stock price goes up or down, the stock options follow.
At present, SBA Communications' Stock Based Compensation is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation To Revenue is expected to grow to 0.03, whereas Total Stockholder Equity is projected to grow to (4.9 B). SBA Communications Corp In The Money Call Balance
When SBA Communications' strike price is surpassing the current stock price, the option contract against SBA Communications Corp stock is said to be in the money. When it comes to buying SBA Communications' 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 SBA Communications Corp 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.
SBA Current Options Market Mood
SBA Communications' 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 SBA 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 SBA Communications' calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. SBA Communications' 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 SBA contract
Base on the Rule 16, the options market is currently suggesting that SBA Communications Corp will have an average daily up or down price movement of about 0.0731% per day over the life of the 2024-12-20 option contract. With SBA Communications trading at USD 217.38, that is roughly USD 0.16. If you think that the market is fully incorporating SBA Communications' daily price movement you should consider buying SBA Communications Corp options at the current volatility level of 1.17%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
SBA |
Purchasing SBA Communications 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" SBA calls. Remember, the seller must deliver SBA Communications Corp stock to the call owner when a call is exercised.
SBA Communications Option Chain
When SBA Communications' strike price is surpassing the current stock price, the option contract against SBA Communications Corp 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.
SBA Communications' option chain is a display of a range of information that helps investors for ways to trade options on SBA. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for SBA. It also shows strike prices and maturity days for a SBA Communications 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 | SBAC Option Call 20-12-2024 100 | 0 | 2024-12-20 | 85.4 - 95.0 | 99.3 | In |
Call | SBAC Option Call 20-12-2024 120 | 0 | 2024-12-20 | 122.9 - 126.9 | 122.68 | In |
Call | SBAC Option Call 20-12-2024 125 | 1 | 2024-12-20 | 69.0 - 77.9 | 79.97 | In |
Call | SBAC Option Call 20-12-2024 130 | 0 | 2024-12-20 | 83.0 - 87.4 | 71.45 | In |
Call | SBAC Option Call 20-12-2024 140 | 1 | 2024-12-20 | 0.0 - 0.0 | 77.5 | In |
Call | SBAC Option Call 20-12-2024 145 | 0 | 2024-12-20 | 96.7 - 101.5 | 72.8 | In |
Call | SBAC Option Call 20-12-2024 150 | 1 | 2024-12-20 | 69.7 - 74.2 | 93.3 | In |
Call | SBAC Option Call 20-12-2024 160 | 0 | 2024-12-20 | 58.0 - 62.9 | 57.35 | In |
Call | SBAC Option Call 20-12-2024 170 | 2 | 2024-12-20 | 63.6 - 67.8 | 67.2 | In |
Call | SBAC Option Call 20-12-2024 180 | 3 | 2024-12-20 | 53.9 - 58.0 | 46.0 | In |
Call | SBAC Option Call 20-12-2024 185 | 0 | 2024-12-20 | 0.0 - 0.0 | 39.82 | In |
Call | SBAC Option Call 20-12-2024 190 | 4 | 2024-12-20 | 34.5 - 39.3 | 41.7 | In |
Call | SBAC Option Call 20-12-2024 195 | 5 | 2024-12-20 | 23.2 - 25.8 | 15.8 | In |
Call | SBAC Option Call 20-12-2024 200 | 0 | 2024-12-20 | 0.0 - 0.0 | 23.15 | In |
Call | SBAC Option Call 20-12-2024 210 | 0 | 2024-12-20 | 0.0 - 0.0 | 17.77 | In |
Call | SBAC Option Call 20-12-2024 220 | 0 | 2024-12-20 | 0.0 - 0.0 | 2.9 | |
Call | SBAC Option Call 20-12-2024 230 | 0 | 2024-12-20 | 0.0 - 0.0 | 1.65 | |
Call | SBAC Option Call 20-12-2024 240 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.41 | |
Call | SBAC Option Call 20-12-2024 250 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.15 | |
Call | SBAC Option Call 20-12-2024 260 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.2 | |
Call | SBAC Option Call 20-12-2024 270 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.69 | |
Call | SBAC Option Call 20-12-2024 280 | 0 | 2024-12-20 | 0.0 - 0.0 | 1.02 | |
Call | SBAC Option Call 20-12-2024 290 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Call | SBAC Option Call 20-12-2024 300 | 15 | 2024-12-20 | 0.0 - 2.3 | 0.85 | Out |
Call | SBAC Option Call 20-12-2024 310 | 2 | 2024-12-20 | 0.0 - 0.0 | 2.05 | Out |
Call | SBAC Option Call 20-12-2024 320 | 2 | 2024-12-20 | 0.0 - 0.0 | 1.7 | Out |
Call | SBAC Option Call 20-12-2024 330 | 1 | 2024-12-20 | 0.0 - 0.0 | 2.1 | Out |
Call | SBAC Option Call 20-12-2024 340 | 1 | 2024-12-20 | 0.05 - 7.0 | 5.4 | Out |
Call | SBAC Option Call 20-12-2024 350 | 1 | 2024-12-20 | 0.05 - 3.8 | 5.0 | Out |
Put | SBAC Option Put 20-12-2024 95 | 31 | 2024-12-20 | 0.0 - 0.1 | 0.1 | Out |
Put | SBAC Option Put 20-12-2024 100 | 4 | 2024-12-20 | 0.0 - 9.6 | 2.0 | Out |
Put | SBAC Option Put 20-12-2024 105 | 4 | 2024-12-20 | 0.1 - 7.0 | 2.4 | Out |
Put | SBAC Option Put 20-12-2024 110 | 5 | 2024-12-20 | 0.0 - 4.6 | 0.5 | Out |
Put | SBAC Option Put 20-12-2024 115 | 6 | 2024-12-20 | 0.0 - 4.8 | 0.65 | Out |
Put | SBAC Option Put 20-12-2024 120 | 2 | 2024-12-20 | 0.0 - 4.8 | 1.0 | Out |
Put | SBAC Option Put 20-12-2024 125 | 27 | 2024-12-20 | 0.0 - 4.8 | 1.76 | Out |
Put | SBAC Option Put 20-12-2024 130 | 4 | 2024-12-20 | 0.05 - 4.8 | 1.8 | Out |
Put | SBAC Option Put 20-12-2024 135 | 2 | 2024-12-20 | 0.6 - 6.1 | 1.85 | Out |
Put | SBAC Option Put 20-12-2024 140 | 2 | 2024-12-20 | 0.55 - 4.4 | 1.95 | Out |
Put | SBAC Option Put 20-12-2024 145 | 2 | 2024-12-20 | 1.15 - 2.9 | 3.5 | Out |
Put | SBAC Option Put 20-12-2024 150 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.2 | |
Put | SBAC Option Put 20-12-2024 155 | 11 | 2024-12-20 | 0.35 - 7.3 | 2.7 | Out |
Put | SBAC Option Put 20-12-2024 160 | 12 | 2024-12-20 | 0.0 - 0.0 | 0.75 | Out |
Put | SBAC Option Put 20-12-2024 165 | 28 | 2024-12-20 | 0.05 - 3.0 | 2.0 | Out |
Put | SBAC Option Put 20-12-2024 170 | 27 | 2024-12-20 | 0.0 - 2.2 | 1.6 | Out |
Put | SBAC Option Put 20-12-2024 175 | 16 | 2024-12-20 | 0.4 - 3.8 | 2.95 | Out |
Put | SBAC Option Put 20-12-2024 180 | 47 | 2024-12-20 | 0.0 - 2.4 | 0.33 | Out |
Put | SBAC Option Put 20-12-2024 185 | 36 | 2024-12-20 | 0.25 - 3.0 | 1.55 | Out |
Put | SBAC Option Put 20-12-2024 190 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.22 | |
Put | SBAC Option Put 20-12-2024 195 | 0 | 2024-12-20 | 0.0 - 0.0 | 1.03 | |
Put | SBAC Option Put 20-12-2024 200 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.2 | |
Put | SBAC Option Put 20-12-2024 210 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.65 | |
Put | SBAC Option Put 20-12-2024 220 | 0 | 2024-12-20 | 0.0 - 0.0 | 3.5 | In |
Put | SBAC Option Put 20-12-2024 230 | 0 | 2024-12-20 | 0.0 - 0.0 | 7.38 | In |
Put | SBAC Option Put 20-12-2024 240 | 0 | 2024-12-20 | 0.0 - 0.0 | 23.95 | In |
Put | SBAC Option Put 20-12-2024 250 | 6 | 2024-12-20 | 26.7 - 31.2 | 10.15 | In |
Put | SBAC Option Put 20-12-2024 270 | 0 | 2024-12-20 | 0.0 - 0.0 | 49.46 | In |
Put | SBAC Option Put 20-12-2024 290 | 0 | 2024-12-20 | 0.0 - 0.0 | 69.83 | In |
SBA Total Stockholder Equity
Total Stockholder Equity |
|
SBA Communications Corporate Executives
Elected by the shareholders, the SBA Communications' board of directors comprises two types of representatives: SBA Communications inside directors who are chosen from within the company, and outside directors, selected externally and held independent of SBA. The board's role is to monitor SBA Communications' management team and ensure that shareholders' interests are well served. SBA Communications' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, SBA Communications' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Marc Montagner | Executive CFO | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SBA Communications Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Telecom Tower REITs 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 SBA Communications. If investors know SBA 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 SBA Communications 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 2 | Dividend Share 3.79 | Earnings Share 6.35 | Revenue Per Share 24.696 | Quarterly Revenue Growth (0.02) |
The market value of SBA Communications Corp is measured differently than its book value, which is the value of SBA that is recorded on the company's balance sheet. Investors also form their own opinion of SBA Communications' value that differs from its market value or its book value, called intrinsic value, which is SBA Communications' 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 SBA Communications' market value can be influenced by many factors that don't directly affect SBA Communications' 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 SBA Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if SBA Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SBA Communications' 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.