VRRM Option Call 20-12-2024 40 Option on Verra Mobility Corp
VRRM Stock | USD 23.54 0.05 0.21% |
VRRM Option Call 20-12-2024 40 is a CALL option contract on Verra Mobility's common stock with a strick price of 40.0 expiring on 2024-12-20. The contract was last traded on 2024-07-23 at 12:11:10 for $0.1 and, as of today, has 9 days remaining before the expiration. The option is currently trading at an ask price of $0.75. The implied volatility as of the 11th of December 2024 is 9.0.
Verra |
Call options on Verra Mobility give the investor right to buy Verra Stock at a specified price within a specific period. If Verra Mobility's price is above the strike price at expiry, the profit is the current Verra Mobility's stock price, minus the strike price and the premium.
Rule 16 of 2024-12-20 Option Contract
The options market is anticipating that Verra Mobility Corp will have an average daily up or down price movement of about 0.14% per day over the life of the option. With Verra Mobility trading at USD 23.54, that is roughly USD 0.0327. If you think that the market is fully understating Verra Mobility's daily price movement you should consider buying Verra Mobility Corp options at that current volatility level of 2.22%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Out Of The Money Call Option on Verra Mobility
An 'Out of The Money' option on Verra has a strike price that Verra Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for Verra Mobility's 'Out of The Money' options include buying the options if you expect a big move in Verra Mobility's stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Call Contract Name | VRRM Option Call 20-12-2024 40 |
Expires On | 2024-12-20 |
Days Before Expriration | 9 |
Last Traded On | 2024-07-23 12:11:10 |
Open Interest | 2 |
Current Trading Volume | 1.0 |
Strike Price | 40.0 |
Last Traded At | 0.1 |
Current Price Spread | 0.0 | 0.75 |
Rule 16 Daily Up or Down | USD 0.0327 |
Verra long CALL Option Payoff at expiration
Buying Verra Mobility's call option is the simplest of option trades. A call option on Verra Stock gives investors the right (but not the obligation) to purchase Verra Mobility at the given strike price. Therefore Verra Mobility's call intrinsic value or payoff at expiration depends on where the Verra Stock price is relative to the call option strike price. The strike price of 40.0 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and negative (the trade is a loss). Above the strike, the payoff line is upward sloping as the option payoff rises in proportion with Verra Mobility's price. Finally, at the break-even point of 40.0, the line crosses zero, and trading Verra becomes profitable.
Profit |
Verra Mobility Price At Expiration |
Verra short CALL Option Payoff at expiration
By selling Verra Mobility's call option, the investors signals his or her bearish sentiment. A short position in a call option written on Verra Mobility will generally make money when the underlying price goes down. Therefore Verra Mobility's call intrinsic value or payoff at expiration depends on where the Verra Stock price is relative to the call option strike price. The strike price of 40.0 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and positive (the seller makes a profit). Above the strike, the payoff line is downward sloping as the option payoff drops in proportion to Verra Mobility's price. Finally, at the break-even point of 40.0, the line crosses zero, and trading Verra becomes disadvantageous with no downside limits.
Profit |
Verra Mobility Price At Expiration |
Verra Mobility Corp Available Call Options
Verra Mobility's option chain is a display of a range of information that helps investors for ways to trade options on Verra. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Verra. It also shows strike prices and maturity days for a Verra Mobility 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 | VRRM Option Call 20-12-2024 12 | 1 | 2024-12-20 | 14.6 - 18.5 | 15.03 | In |
Call | VRRM Option Call 20-12-2024 20 | 78 | 2024-12-20 | 1.65 - 4.1 | 4.1 | In |
Call | VRRM Option Call 20-12-2024 22 | 0 | 2024-12-20 | 0.0 - 0.0 | 1.65 | In |
Call | VRRM Option Call 20-12-2024 25 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.3 | |
Call | VRRM Option Call 20-12-2024 30 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.1 | |
Call | VRRM Option Call 20-12-2024 35 | 1969 | 2024-12-20 | 0.0 - 0.75 | 0.25 | Out |
Call | VRRM Option Call 20-12-2024 40 | 2 | 2024-12-20 | 0.0 - 0.75 | 0.1 | Out |
Verra Mobility Corporate Management
Jonathan Keyser | Chief VP | Profile | |
Mark Zindler | Vice Relations | Profile | |
Mike McMillin | Vice Strategy | Profile | |
Norman Blake | Pres Systems | Profile | |
Jon Keyser | Executive Officer | Profile | |
Raphael Avraham | Senior Counsel | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Verra Mobility 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 metropolitan statistical area. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Internet Services & Infrastructure 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 Verra Mobility. If investors know Verra 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 Verra Mobility 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 0.167 | Earnings Share 0.6 | Revenue Per Share 5.237 | Quarterly Revenue Growth 0.074 | Return On Assets 0.0827 |
The market value of Verra Mobility Corp is measured differently than its book value, which is the value of Verra that is recorded on the company's balance sheet. Investors also form their own opinion of Verra Mobility's value that differs from its market value or its book value, called intrinsic value, which is Verra Mobility'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 Verra Mobility's market value can be influenced by many factors that don't directly affect Verra Mobility'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 Verra Mobility's value and its price as these two are different measures arrived at by different means. Investors typically determine if Verra Mobility is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Verra Mobility'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.