Universal Technical Stock Options
| UTI Stock | USD 26.12 0.47 1.83% |
Universal Technical's latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 0.29 with a put-to-call open interest ratio of 0.0 over 15 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2024-12-20. The total put volume is at 34.0, with calls trading at the volume of 34.0. This yields a 0.4 put-to-call volume ratio.
In The Money vs. Out of Money Option Contracts on Universal Technical
Analyzing Universal Technical's in-the-money options over time can help investors to take a profitable long position in Universal Technical regardless of its overall volatility. This is especially true when Universal Technical's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Universal Technical's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Universal Technical's stock while costing only a fraction of its price.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universal Technical Institute. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Universal Technical In The Money Call Balance
When Universal Technical's strike price is surpassing the current stock price, the option contract against Universal Technical Institute stock is said to be in the money. When it comes to buying Universal Technical'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 Universal Technical Institute 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.
Universal Current Options Market Mood
Universal Technical'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 Universal 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 Volume
Unfortunately, most Universal Technical's options investors are not very successful. Universal Technical'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 Universal contract
Base on the Rule 16, the options market is currently suggesting that Universal Technical Institute will have an average daily up or down price movement of about 0.0181% per day over the life of the 2024-12-20 option contract. With Universal Technical trading at USD 26.12, that is roughly USD 0.004734. If you think that the market is fully incorporating Universal Technical's daily price movement you should consider buying Universal Technical Institute options at the current volatility level of 0.29%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
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Purchasing Universal Technical 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" Universal calls. Remember, the seller must deliver Universal Technical Institute stock to the call owner when a call is exercised.
Universal Technical Option Chain
When Universal Technical's strike price is surpassing the current stock price, the option contract against Universal Technical Institute 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.
Universal Technical's option chain is a display of a range of information that helps investors for ways to trade options on Universal. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Universal. It also shows strike prices and maturity days for a Universal Technical 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 | UTI Option Call 20-12-2024 15 | 0 | 2024-12-20 | 0.0 - 0.0 | 9.3 | In |
Call | UTI Option Call 20-12-2024 17 | 0 | 2024-12-20 | 0.0 - 0.0 | 7.0 | In |
Call | UTI Option Call 20-12-2024 20 | 0 | 2024-12-20 | 0.0 - 0.0 | 6.0 | In |
Call | UTI Option Call 20-12-2024 22 | 0 | 2024-12-20 | 0.0 - 0.0 | 3.6 | In |
Call | UTI Option Call 20-12-2024 25 | 0 | 2024-12-20 | 0.0 - 0.0 | 1.0 | In |
Call | UTI Option Call 20-12-2024 27 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.14 | |
Call | UTI Option Call 20-12-2024 30 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.01 | |
Call | UTI Option Call 20-12-2024 32 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.25 | |
Call | UTI Option Call 20-12-2024 35 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Put | UTI Option Put 20-12-2024 15 | 2 | 2024-12-20 | 0.0 - 0.25 | 0.45 | Out |
Put | UTI Option Put 20-12-2024 17 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Put | UTI Option Put 20-12-2024 20 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Put | UTI Option Put 20-12-2024 22 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.2 | |
Put | UTI Option Put 20-12-2024 25 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.5 | |
Put | UTI Option Put 20-12-2024 27 | 0 | 2024-12-20 | 0.0 - 0.0 | 3.05 | In |
Universal Technical Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
| Timeline |
Universal Total Stockholder Equity
Total Stockholder Equity |
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Universal Technical Corporate Directors
| Linda Srere | Independent Director | Profile | |
| Roderick Paige | Independent Director | Profile | |
| David Blaszkiewicz | Independent Director | Profile | |
| Kenneth Trammell | Independent Director | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Universal Technical Institute. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Diversified Consumer 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 Universal Technical. If investors know Universal 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 Universal Technical 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 2.5 | Earnings Share 0.75 | Revenue Per Share 15.885 | Quarterly Revenue Growth 0.158 | Return On Assets 0.0404 |
The market value of Universal Technical is measured differently than its book value, which is the value of Universal that is recorded on the company's balance sheet. Investors also form their own opinion of Universal Technical's value that differs from its market value or its book value, called intrinsic value, which is Universal Technical'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 Universal Technical's market value can be influenced by many factors that don't directly affect Universal Technical'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 Universal Technical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Technical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Technical'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.