ScanSource Stock Options
SCSC Stock | USD 52.66 0.14 0.27% |
ScanSource's latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 0.6 with a put-to-call open interest ratio of 0.26 over 9 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2024-12-20. The total put volume is at 4.0, with calls trading at the volume of 4.0. This yields a 4.0 put-to-call volume ratio.
Open Interest Against 2024-12-20 Option Contracts
2024-12-20
The chart above shows ScanSource'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. ScanSource's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for ScanSource's option, there is no secondary market available for investors to trade.
ScanSource's option chain provides insight into all available option contracts written on ScanSource's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of ScanSource'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 ScanSource option contract.
In The Money vs. Out of Money Option Contracts on ScanSource
Analyzing ScanSource's in-the-money options over time can help investors to take a profitable long position in ScanSource regardless of its overall volatility. This is especially true when ScanSource's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money ScanSource's options could be used as guardians of the underlying stock as they move almost dollar for dollar with ScanSource's stock while costing only a fraction of its price.
ScanSource's stock options are financial instruments that give investors the right to buy or sell shares of ScanSource common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell ScanSource stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If ScanSource's stock price goes up or down, the stock options follow.
At present, ScanSource's Common Stock Total Equity is projected to decrease significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 46.4 M, whereas Total Stockholder Equity is forecasted to decline to about 478.1 M. ScanSource In The Money Call Balance
When ScanSource's strike price is surpassing the current stock price, the option contract against ScanSource stock is said to be in the money. When it comes to buying ScanSource'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 ScanSource 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.
ScanSource Current Options Market Mood
ScanSource'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 ScanSource 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 ScanSource's options investors are not very successful. ScanSource'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 ScanSource contract
Base on the Rule 16, the options market is currently suggesting that ScanSource will have an average daily up or down price movement of about 0.0375% per day over the life of the 2024-12-20 option contract. With ScanSource trading at USD 52.66, that is roughly USD 0.0197. If you think that the market is fully incorporating ScanSource's daily price movement you should consider buying ScanSource options at the current volatility level of 0.6%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
ScanSource |
Purchasing ScanSource 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" ScanSource calls. Remember, the seller must deliver ScanSource stock to the call owner when a call is exercised.
ScanSource Option Chain
When ScanSource's strike price is surpassing the current stock price, the option contract against ScanSource 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.
ScanSource's option chain is a display of a range of information that helps investors for ways to trade options on ScanSource. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for ScanSource. It also shows strike prices and maturity days for a ScanSource 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 | SCSC Option Call 20-12-2024 45 | 3 | 2024-12-20 | 0.0 - 0.0 | 5.1 | In |
Call | SCSC Option Call 20-12-2024 50 | 28 | 2024-12-20 | 0.0 - 0.0 | 1.2 | In |
Call | SCSC Option Call 20-12-2024 65 | 2 | 2024-12-20 | 0.0 - 0.0 | 1.49 | Out |
Call | SCSC Option Call 20-12-2024 70 | 2 | 2024-12-20 | 0.0 - 0.0 | 1.27 | Out |
Put | SCSC Option Put 20-12-2024 25 | 2 | 2024-12-20 | 0.0 - 4.8 | 0.1 | Out |
Put | SCSC Option Put 20-12-2024 30 | 1 | 2024-12-20 | 0.0 - 0.0 | 0.75 | Out |
Put | SCSC Option Put 20-12-2024 35 | 2 | 2024-12-20 | 0.0 - 0.0 | 0.45 | Out |
Put | SCSC Option Put 20-12-2024 40 | 4 | 2024-12-20 | 0.0 - 0.0 | 0.1 | Out |
Put | SCSC Option Put 20-12-2024 50 | 0 | 2024-12-20 | 0.0 - 0.0 | 3.3 |
ScanSource Total Stockholder Equity
Total Stockholder Equity |
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ScanSource Corporate Management
Shana Smith | Chief EVP | Profile | |
Brian Cuppett | Senior KBZ | Profile | |
Alexandre Conde | Senior Officer | Profile | |
Lea Guarnaccia | Corporate Secretary | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in ScanSource. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. For information on how to trade ScanSource Stock refer to our How to Trade ScanSource Stock guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Electronic Equipment, Instruments & Components 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 ScanSource. If investors know ScanSource 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 ScanSource 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 0.131 | Earnings Share 3.14 | Revenue Per Share 127.985 | Quarterly Revenue Growth (0.12) | Return On Assets 0.0327 |
The market value of ScanSource is measured differently than its book value, which is the value of ScanSource that is recorded on the company's balance sheet. Investors also form their own opinion of ScanSource's value that differs from its market value or its book value, called intrinsic value, which is ScanSource'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 ScanSource's market value can be influenced by many factors that don't directly affect ScanSource'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 ScanSource's value and its price as these two are different measures arrived at by different means. Investors typically determine if ScanSource is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ScanSource'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.