VTRS250117P00003000 Option on Viatris
| VTRS Stock | USD 12.75 0.24 1.92% |
Viatris' latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 0.33 with a put-to-call open interest ratio of 0.77 over 12 outstanding agreements suggesting investors are buying slightly more calls than puts on contracts expiring on 2024-12-20. The total put volume is at 15.0, with calls trading at the volume of 15.0. This yields a 0.34 put-to-call volume ratio.
Open Interest Against 2024-12-20 Option Contracts
Viatris option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Viatris' lending market. For example, when Viatris' puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Viatris, he or she must hedge the risk by shorting Viatris stock over its option's life.
2024-12-20
The chart above shows Viatris' 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. Viatris' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Viatris' option, there is no secondary market available for investors to trade.
In The Money vs. Out of Money Option Contracts on Viatris
Analyzing Viatris' in-the-money options over time can help investors to take a profitable long position in Viatris regardless of its overall volatility. This is especially true when Viatris' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Viatris' options could be used as guardians of the underlying stock as they move almost dollar for dollar with Viatris' 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 Viatris. 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.
Viatris In The Money Call Balance
When Viatris' strike price is surpassing the current stock price, the option contract against Viatris stock is said to be in the money. When it comes to buying Viatris' 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 Viatris 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.
Viatris Current Options Market Mood
Viatris' 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 Viatris 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 Viatris' options investors are not very successful. Viatris' 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 Viatris contract
Base on the Rule 16, the options market is currently suggesting that Viatris will have an average daily up or down price movement of about 0.0206% per day over the life of the 2024-12-20 option contract. With Viatris trading at USD 12.75, that is roughly USD 0.00263. If you think that the market is fully incorporating Viatris' daily price movement you should consider buying Viatris options at the current volatility level of 0.33%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Viatris |
Purchasing Viatris 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" Viatris calls. Remember, the seller must deliver Viatris stock to the call owner when a call is exercised.
Viatris Option Chain
When Viatris' strike price is surpassing the current stock price, the option contract against Viatris 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.
Viatris' option chain is a display of a range of information that helps investors for ways to trade options on Viatris. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Viatris. It also shows strike prices and maturity days for a Viatris 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 | VTRS Option Call 20-12-2024 10 | 0 | 2024-12-20 | 1.6 - 3.7 | 1.73 | In |
Call | VTRS Option Call 20-12-2024 11 | 0 | 2024-12-20 | 0.0 - 0.0 | 1.39 | In |
Call | VTRS Option Call 20-12-2024 12 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.75 | In |
Call | VTRS Option Call 20-12-2024 13 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.1 | |
Call | VTRS Option Call 20-12-2024 14 | 1398 | 2024-12-20 | 0.0 - 0.0 | 0.01 | Out |
Call | VTRS Option Call 20-12-2024 15 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Call | VTRS Option Call 20-12-2024 20 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Put | VTRS Option Put 20-12-2024 10 | 11 | 2024-12-20 | 0.0 - 0.5 | 0.1 | Out |
Put | VTRS Option Put 20-12-2024 11 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.06 | |
Put | VTRS Option Put 20-12-2024 12 | 562 | 2024-12-20 | 0.0 - 0.0 | 0.05 | Out |
Put | VTRS Option Put 20-12-2024 13 | 509 | 2024-12-20 | 0.0 - 0.0 | 0.35 | In |
Put | VTRS Option Put 20-12-2024 14 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.85 | In |
Viatris Market Cap Over Time
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Viatris Total Stockholder Equity
Total Stockholder Equity |
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Viatris Corporate Management
| Melissa Trombetta | Head Relations | Profile | |
| Andrew Enrietti | Chief Officer | Profile | |
| Theodora Mistras | Chief Officer | Profile | |
| David Bayles | Chief Officer | Profile | |
| Sanjeev Sethi | Chief Officer | Profile | |
| Ramkumar Rayapureddy | Chief Officer | Profile |
Additional Tools for Viatris Stock Analysis
When running Viatris' price analysis, check to measure Viatris' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Viatris is operating at the current time. Most of Viatris' value examination focuses on studying past and present price action to predict the probability of Viatris' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Viatris' price. Additionally, you may evaluate how the addition of Viatris to your portfolios can decrease your overall portfolio volatility.