AMGN240426P00272500 Option on Amgen Inc

AMGN Stock  USD 278.39  1.02  0.37%   
Amgen's option chain provides insight into all available option contracts written on Amgen's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Amgen'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 Amgen option contract.

In The Money vs. Out of Money Option Contracts on Amgen

Analyzing Amgen's in-the-money options over time can help investors to take a profitable long position in Amgen regardless of its overall volatility. This is especially true when Amgen's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Amgen's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Amgen's stock while costing only a fraction of its price.
Amgen's latest option contracts expiring on 2024-05-03 are carrying combined implied volatility of 123.88 with a put-to-call open interest ratio of 0.95 over 140 outstanding agreements suggesting investors are buying slightly more calls than puts on contracts expiring on 2024-05-03. The current put volume is at 6259, with calls trading at the volume of 7909. This yields a 0.79 put-to-call volume ratio. The Amgen option chain provides detailed quote and price information for the current Amgen Inc option contracts. It shows all of Amgen's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2024-05-03 Option Contracts

Amgen 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 Amgen's lending market. For example, when Amgen's 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 Amgen, he or she must hedge the risk by shorting Amgen stock over its option's life.
The chart above shows Amgen'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. Amgen's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Amgen's option, there is no secondary market available for investors to trade.

Amgen Maximum Pain Price across 2024-05-03 Option Contracts

Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as Amgen close to expiration to expire worthless. According to most research, approximately 10% to 15% of all stock options are exercised, while about 35% expire worthlessly, with roughly 50% traded out before the expiration date. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Amgen's stock options are financial instruments that give investors the right to buy or sell shares of Amgen Inc common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Amgen stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Amgen's stock price goes up or down, the stock options follow.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amgen Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Please note that buying 'in-the-money' options on Amgen lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Amgen's value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money Amgen contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if Amgen Stock moves the wrong way.
At this time, Amgen's Total Stockholder Equity is very stable compared to the past year. As of the 2nd of May 2024, Common Stock Shares Outstanding is likely to grow to about 759.2 M, while Common Stock Total Equity is likely to drop about 27.1 B.

Amgen Inc In The Money Call Balance

When Amgen's strike price is surpassing the current stock price, the option contract against Amgen Inc stock is said to be in the money. When it comes to buying Amgen'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 Amgen Inc 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.

Amgen Current Options Market Mood

Amgen'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 Amgen 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 Amgen's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Amgen'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. Using current Amgen's option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.

Rule 16 of the current Amgen contract

Base on the Rule 16, the options market is currently suggesting that Amgen Inc will have an average daily up or down price movement of about 7.74% per day over the life of the 2024-05-03 option contract. With Amgen trading at USD 278.39, that is roughly USD 21.56. If you think that the market is fully incorporating Amgen's daily price movement you should consider buying Amgen Inc options at the current volatility level of 123.88%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Amgen 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" Amgen calls. Remember, the seller must deliver Amgen Inc stock to the call owner when a call is exercised.

Amgen Option Chain

When Amgen's strike price is surpassing the current stock price, the option contract against Amgen Inc 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.
Amgen's option chain is a display of a range of information that helps investors for ways to trade options on Amgen. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Amgen. It also shows strike prices and maturity days for a Amgen 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.
DeltaGammaOpen IntExpirationCurrent SpreadLast Price
Call
2024-05-03 CALL at $160.00.9668.0E-402024-05-03116.15 - 119.80.0In
Call
2024-05-03 CALL at $165.00.96449.0E-402024-05-03111.1 - 114.80.0In
Call
2024-05-03 CALL at $170.00.96350.00102024-05-03106.1 - 109.75108.0In
Call
2024-05-03 CALL at $175.00.95980.001102024-05-03101.1 - 104.850.0In
Call
2024-05-03 CALL at $180.00.95590.001202024-05-0396.15 - 99.950.0In
Call
2024-05-03 CALL at $185.00.95760.001302024-05-0391.15 - 94.750.0In
Call
2024-05-03 CALL at $190.00.95640.001402024-05-0386.15 - 89.70.0In
Call
2024-05-03 CALL at $195.00.95280.001502024-05-0381.15 - 84.750.0In
Call
2024-05-03 CALL at $200.00.94540.001802024-05-0376.15 - 79.950.0In
Call
2024-05-03 CALL at $205.00.94580.001902024-05-0371.25 - 74.80.0In
Call
2024-05-03 CALL at $207.50.94170.002102024-05-0368.65 - 72.40.0In
Call
2024-05-03 CALL at $210.00.94120.002202024-05-0366.15 - 69.850.0In
Call
2024-05-03 CALL at $212.50.9380.002302024-05-0363.75 - 67.40.0In
Call
2024-05-03 CALL at $215.00.94150.002402024-05-0361.2 - 64.70.0In
Call
2024-05-03 CALL at $217.50.93390.002702024-05-0358.65 - 62.40.0In
Call
2024-05-03 CALL at $220.00.9330.002802024-05-0356.15 - 59.850.0In
Call
2024-05-03 CALL at $222.50.92780.00302024-05-0353.7 - 57.450.0In
Call
2024-05-03 CALL at $225.00.92670.003202024-05-0351.2 - 54.90.0In
Call
2024-05-03 CALL at $227.50.92710.003402024-05-0348.7 - 52.30.0In
Call
2024-05-03 CALL at $230.00.91480.003802024-05-0346.25 - 50.10.0In
Call
2024-05-03 CALL at $232.50.91620.00402024-05-0343.75 - 47.450.0In
Call
2024-05-03 CALL at $235.00.91610.004302024-05-0341.25 - 44.850.0In
Call
2024-05-03 CALL at $237.50.91430.004602024-05-0338.75 - 42.30.0In
Call
2024-05-03 CALL at $240.00.90660.005132024-05-0336.3 - 39.930.3In
Call
2024-05-03 CALL at $242.50.90030.005602024-05-0333.85 - 37.450.0In
Call
2024-05-03 CALL at $245.00.88430.006232024-05-0331.5 - 35.2526.7In
Call
2024-05-03 CALL at $247.50.89390.006792024-05-0329.1 - 32.3523.35In
Call
2024-05-03 CALL at $250.00.95210.0054272024-05-0327.7 - 29.8527.6In
Call
2024-05-03 CALL at $252.50.95350.005912024-05-0324.75 - 27.719.9In
Call
2024-05-03 CALL at $255.00.8960.00942024-05-0323.0 - 25.8519.05In
Call
2024-05-03 CALL at $257.50.89470.0102122024-05-0321.25 - 22.421.1In
Call
2024-05-03 CALL at $260.00.91650.010942024-05-0318.85 - 20.418.95In
Call
2024-05-03 CALL at $262.50.8320.0143262024-05-0316.85 - 18.216.68In
Call
2024-05-03 CALL at $265.00.79330.0163482024-05-0315.05 - 15.9514.25In
Call
2024-05-03 CALL at $267.50.75230.0185972024-05-0313.1 - 13.913.09In
Call
2024-05-03 CALL at $270.00.69890.021912024-05-0311.4 - 12.311.38In
Call
2024-05-03 CALL at $272.50.64940.02191912024-05-039.85 - 10.4510.03In
Call
2024-05-03 CALL at $275.00.59220.0233362024-05-038.4 - 8.858.53In
Call
2024-05-03 CALL at $277.50.53330.02312962024-05-037.15 - 7.57.05In
Call
2024-05-03 CALL at $280.00.47460.02354092024-05-036.0 - 6.256.0Out
Call
2024-05-03 CALL at $282.50.41890.0227942024-05-034.9 - 5.254.8Out
Call
2024-05-03 CALL at $285.00.36180.02216662024-05-033.9 - 4.24.05Out
Call
2024-05-03 CALL at $287.50.31230.02061512024-05-033.2 - 3.553.35Out
Call
2024-05-03 CALL at $290.00.25660.01945902024-05-032.45 - 2.962.49Out
Call
2024-05-03 CALL at $292.50.21510.01745562024-05-031.85 - 2.232.0Out
Call
2024-05-03 CALL at $295.00.17950.01542182024-05-031.46 - 1.761.78Out
Call
2024-05-03 CALL at $297.50.14490.0134882024-05-031.18 - 1.281.23Out
Call
2024-05-03 CALL at $300.00.11980.01166072024-05-030.89 - 1.040.99Out
Call
2024-05-03 CALL at $302.50.09110.00975212024-05-030.66 - 0.790.7Out
Call
2024-05-03 CALL at $305.00.07620.00821252024-05-030.53 - 0.60.58Out
Call
2024-05-03 CALL at $307.50.05710.006742024-05-030.39 - 0.50.41Out
Call
2024-05-03 CALL at $310.00.06220.0064242024-05-030.2 - 0.70.5Out
Call
2024-05-03 CALL at $312.50.03640.004582024-05-030.11 - 0.40.25Out
Call
2024-05-03 CALL at $315.00.02840.0037642024-05-030.09 - 0.350.19Out
Call
2024-05-03 CALL at $317.50.02930.003522024-05-030.06 - 0.240.21Out
Call
2024-05-03 CALL at $320.00.01720.0024202024-05-030.1 - 0.280.11Out
Call
2024-05-03 CALL at $325.00.02320.002602024-05-030.01 - 0.350.0Out
Call
2024-05-03 CALL at $330.00.00920.001322024-05-030.0 - 0.150.06Out
Call
2024-05-03 CALL at $340.00.0079.0E-402024-05-030.0 - 0.10.05Out
Call
2024-05-03 CALL at $345.00.00173.0E-402024-05-030.0 - 0.010.01Out
Call
2024-05-03 CALL at $365.00.00555.0E-402024-05-030.0 - 0.250.05Out
Call
2024-05-03 CALL at $390.00.00121.0E-412024-05-030.0 - 0.010.01Out
 Put
2024-05-03 PUT at $215.0-0.00354.0E-4112024-05-030.0 - 0.070.03Out
 Put
2024-05-03 PUT at $217.5-0.00465.0E-4312024-05-030.01 - 0.070.04Out
 Put
2024-05-03 PUT at $220.0-0.03920.002282024-05-030.01 - 1.280.13Out
 Put
2024-05-03 PUT at $222.5-0.04110.002422024-05-030.01 - 1.30.15Out
 Put
2024-05-03 PUT at $227.5-0.00850.00102024-05-030.02 - 0.20.07Out
 Put
2024-05-03 PUT at $230.0-0.00890.0011802024-05-030.05 - 0.080.07Out
 Put
2024-05-03 PUT at $232.5-0.04950.003302024-05-030.03 - 1.330.0Out
 Put
2024-05-03 PUT at $235.0-0.0130.0015272024-05-030.03 - 0.140.1Out
 Put
2024-05-03 PUT at $237.5-0.01670.002152024-05-030.05 - 0.20.13Out
 Put
2024-05-03 PUT at $240.0-0.01960.00231312024-05-030.03 - 0.210.15Out
 Put
2024-05-03 PUT at $242.5-0.01410.002232024-05-030.06 - 0.240.09Out
 Put
2024-05-03 PUT at $245.0-0.02810.00341442024-05-030.15 - 0.270.21Out
 Put
2024-05-03 PUT at $247.5-0.03950.0045322024-05-030.27 - 0.330.31Out
 Put
2024-05-03 PUT at $250.0-0.05180.0056962024-05-030.39 - 0.420.42Out
 Put
2024-05-03 PUT at $252.5-0.06620.0071032024-05-030.49 - 0.580.55Out
 Put
2024-05-03 PUT at $255.0-0.08350.00858972024-05-030.71 - 0.790.71Out
 Put
2024-05-03 PUT at $257.5-0.10510.010210162024-05-030.86 - 1.030.92Out
 Put
2024-05-03 PUT at $260.0-0.13630.01224492024-05-031.1 - 1.341.27Out
 Put
2024-05-03 PUT at $262.5-0.16890.01431632024-05-031.49 - 1.711.64Out
 Put
2024-05-03 PUT at $265.0-0.20460.01649982024-05-031.94 - 2.182.05Out
 Put
2024-05-03 PUT at $267.5-0.24990.0184692024-05-032.49 - 2.822.66Out
 Put
2024-05-03 PUT at $270.0-0.30250.01991372024-05-033.2 - 3.53.5Out
 Put
2024-05-03 PUT at $272.5-0.35240.0217502024-05-034.05 - 4.354.22Out
 Put
2024-05-03 PUT at $275.0-0.40780.0232832024-05-035.0 - 5.35.13Out
 Put
2024-05-03 PUT at $277.5-0.46650.0236882024-05-036.15 - 6.46.55Out
 Put
2024-05-03 PUT at $280.0-0.52580.0237792024-05-037.4 - 7.77.54In
 Put
2024-05-03 PUT at $282.5-0.58460.023472024-05-038.8 - 9.19.35In
 Put
2024-05-03 PUT at $285.0-0.63430.02161092024-05-0310.0 - 10.8510.81In
 Put
2024-05-03 PUT at $287.5-0.69850.021472024-05-0311.5 - 12.7512.83In
 Put
2024-05-03 PUT at $290.0-0.73220.0189522024-05-0313.5 - 14.614.36In
 Put
2024-05-03 PUT at $292.5-0.79660.017702024-05-0315.15 - 16.60.0In
 Put
2024-05-03 PUT at $295.0-0.80920.015352024-05-0317.45 - 18.818.41In
 Put
2024-05-03 PUT at $297.5-0.87090.013202024-05-0319.25 - 20.950.0In
 Put
2024-05-03 PUT at $300.0-0.89630.011202024-05-0321.4 - 23.3516.95In
 Put
2024-05-03 PUT at $302.5-0.8950.010102024-05-0323.0 - 26.950.0In
 Put
2024-05-03 PUT at $305.0-0.91170.008702024-05-0325.3 - 29.350.0In
 Put
2024-05-03 PUT at $307.5-0.930.007302024-05-0327.6 - 31.70.0In
 Put
2024-05-03 PUT at $310.0-0.94640.00602024-05-0330.0 - 34.033.55In
 Put
2024-05-03 PUT at $312.5-0.91210.006902024-05-0332.35 - 36.535.0In
 Put
2024-05-03 PUT at $315.0-0.9760.003302024-05-0334.65 - 38.850.0In
 Put
2024-05-03 PUT at $317.5-0.9490.004802024-05-0337.65 - 41.450.0In
 Put
2024-05-03 PUT at $320.0-0.9490.004502024-05-0340.25 - 43.90.0In
 Put
2024-05-03 PUT at $325.0-0.9560.003802024-05-0345.2 - 48.850.0In
 Put
2024-05-03 PUT at $330.0-0.95870.003302024-05-0350.2 - 53.850.0In
 Put
2024-05-03 PUT at $335.0-0.96440.002802024-05-0355.1 - 58.850.0In
 Put
2024-05-03 PUT at $340.0-0.96620.003102024-05-0360.1 - 63.850.0In
 Put
2024-05-03 PUT at $345.0-0.9710.002202024-05-0365.05 - 68.80.0In
 Put
2024-05-03 PUT at $350.0-0.97230.00202024-05-0370.05 - 73.80.0In
 Put
2024-05-03 PUT at $355.0-0.97190.001902024-05-0375.1 - 78.80.0In
 Put
2024-05-03 PUT at $360.0-0.97010.001802024-05-0380.2 - 83.80.0In
 Put
2024-05-03 PUT at $365.0-0.97390.001602024-05-0385.1 - 88.80.0In
 Put
2024-05-03 PUT at $370.0-0.98350.001102024-05-0390.05 - 93.550.0In
 Put
2024-05-03 PUT at $375.0-0.97420.001502024-05-0395.15 - 98.80.0In
 Put
2024-05-03 PUT at $380.0-0.98020.001202024-05-03100.0 - 103.750.0In
 Put
2024-05-03 PUT at $385.0-0.97330.001402024-05-03105.25 - 108.80.0In
 Put
2024-05-03 PUT at $390.0-0.98130.001102024-05-03110.05 - 113.70.0In

Amgen Total Stockholder Equity Over Time

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
   Total Stockholder Equity   
       Timeline  

Amgen Common Stock Shares Outstanding Over Time

The total number of shares of a company's common stock that are currently owned by all its shareholders.
   Common Stock Shares Outstanding   
       Timeline  

Amgen Total Stockholder Equity

Total Stockholder Equity

12.29 Billion

At this time, Amgen's Total Stockholder Equity is very stable compared to the past year.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Amgen without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Amgen Corporate Directors

Amgen corporate directors refer to members of an Amgen board of directors. The board of directors generally takes responsibility for the Amgen's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Amgen's board members must vote for the resolution. The Amgen board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Frank HerringerIndependent DirectorProfile
Francois CarbonnelIndependent DirectorProfile
Rebecca HendersonIndependent DirectorProfile
Sanders WilliamsIndependent DirectorProfile

Already Invested in Amgen Inc?

The danger of trading Amgen Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Amgen is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Amgen. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Amgen Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Amgen Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Amgen's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Amgen Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Amgen Inc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amgen Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Amgen Inc information on this page should be used as a complementary analysis to other Amgen's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

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When running Amgen's price analysis, check to measure Amgen's 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 Amgen is operating at the current time. Most of Amgen's value examination focuses on studying past and present price action to predict the probability of Amgen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amgen's price. Additionally, you may evaluate how the addition of Amgen to your portfolios can decrease your overall portfolio volatility.
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Is Amgen's industry 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 Amgen. If investors know Amgen 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 Amgen 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
(0.52)
Dividend Share
8.52
Earnings Share
12.48
Revenue Per Share
52.692
Quarterly Revenue Growth
0.198
The market value of Amgen Inc is measured differently than its book value, which is the value of Amgen that is recorded on the company's balance sheet. Investors also form their own opinion of Amgen's value that differs from its market value or its book value, called intrinsic value, which is Amgen'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 Amgen's market value can be influenced by many factors that don't directly affect Amgen'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 Amgen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amgen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amgen'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.