WisdomTree Japan Stock Options
| DXJ Etf | USD 107.94 0.57 0.53% |
WisdomTree Japan's option chain provides insight into all available option contracts written on WisdomTree Japan's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of WisdomTree Japan'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 WisdomTree option contract.
In The Money vs. Out of Money Option Contracts on WisdomTree Japan
Analyzing WisdomTree Japan's in-the-money options over time can help investors to take a profitable long position in WisdomTree Japan regardless of its overall volatility. This is especially true when WisdomTree Japan's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money WisdomTree Japan's options could be used as guardians of the underlying stock as they move almost dollar for dollar with WisdomTree Japan's stock while costing only a fraction of its price.
WisdomTree Japan's latest option contracts expiring on 2024-05-17 are carrying combined implied volatility of 18.89 with a put-to-call open interest ratio of 2.09 over 78 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on 2024-05-17. The current put volume is at 31, with calls trading at the volume of 22. This yields a 1.41 put-to-call volume ratio. The WisdomTree Japan option chain provides detailed quote and price information for the current WisdomTree Japan Hedged option contracts. It shows all of WisdomTree Japan's listed puts, calls, expiration dates, strike prices, and other pricing information.
Open Interest Against 2024-05-17 Option Contracts
WisdomTree Japan 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 WisdomTree Japan's lending market. For example, when WisdomTree Japan'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 WisdomTree Japan, he or she must hedge the risk by shorting WisdomTree Japan stock over its option's life.
2024-05-17
The chart above shows WisdomTree Japan'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. WisdomTree Japan's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for WisdomTree Japan's option, there is no secondary market available for investors to trade.
WisdomTree Japan Maximum Pain Price across 2024-05-17 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 WisdomTree Japan 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.
WisdomTree Japan's stock options are financial instruments that give investors the right to buy or sell shares of WisdomTree Japan Hedged common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell WisdomTree stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If WisdomTree Japan's stock price goes up or down, the stock options follow.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in WisdomTree Japan Hedged. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in interest. Please note that buying 'in-the-money' options on WisdomTree Japan lessens the impact of time decay, as they carry both intrinsic and time value. So, even if WisdomTree Japan'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 WisdomTree Japan 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 WisdomTree Etf moves the wrong way.
WisdomTree Japan Hedged In The Money Call Balance
When WisdomTree Japan's strike price is surpassing the current stock price, the option contract against WisdomTree Japan Hedged stock is said to be in the money. When it comes to buying WisdomTree Japan'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 WisdomTree Japan Hedged 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.
WisdomTree Current Options Market Mood
WisdomTree Japan'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 WisdomTree Etf'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 WisdomTree Japan'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. WisdomTree Japan'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 WisdomTree Japan'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 WisdomTree contract
Base on the Rule 16, the options market is currently suggesting that WisdomTree Japan Hedged will have an average daily up or down price movement of about 1.18% per day over the life of the 2024-05-17 option contract. With WisdomTree Japan trading at USD 107.94, that is roughly USD 1.27. If you think that the market is fully incorporating WisdomTree Japan's daily price movement you should consider buying WisdomTree Japan Hedged options at the current volatility level of 18.89%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
WisdomTree |
Purchasing WisdomTree Japan 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" WisdomTree calls. Remember, the seller must deliver WisdomTree Japan Hedged stock to the call owner when a call is exercised.
WisdomTree Japan Option Chain
When WisdomTree Japan's strike price is surpassing the current stock price, the option contract against WisdomTree Japan Hedged 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.
WisdomTree Japan's option chain is a display of a range of information that helps investors for ways to trade options on WisdomTree. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for WisdomTree. It also shows strike prices and maturity days for a WisdomTree Japan 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. | Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Call | 2024-05-17 CALL at $45.0 | 0.9851 | 8.0E-4 | 0 | 2024-05-17 | 61.1 - 65.5 | 0.0 | In |
Call | 2024-05-17 CALL at $50.0 | 0.9906 | 6.0E-4 | 3 | 2024-05-17 | 55.8 - 60.5 | 59.5 | In |
Call | 2024-05-17 CALL at $55.0 | 0.9846 | 0.001 | 0 | 2024-05-17 | 51.0 - 55.5 | 0.0 | In |
Call | 2024-05-17 CALL at $60.0 | 0.9833 | 0.0013 | 1 | 2024-05-17 | 46.0 - 50.5 | 31.1 | In |
Call | 2024-05-17 CALL at $65.0 | 0.9891 | 0.0011 | 11 | 2024-05-17 | 40.8 - 45.5 | 41.25 | In |
Call | 2024-05-17 CALL at $70.0 | 0.9886 | 0.0014 | 3 | 2024-05-17 | 35.8 - 40.5 | 19.1 | In |
Call | 2024-05-17 CALL at $75.0 | 0.9881 | 0.0017 | 1 | 2024-05-17 | 30.8 - 35.5 | 14.4 | In |
Call | 2024-05-17 CALL at $77.0 | 0.9575 | 0.004 | 1 | 2024-05-17 | 29.5 - 33.5 | 12.7 | In |
Call | 2024-05-17 CALL at $78.0 | 0.9676 | 0.0036 | 1 | 2024-05-17 | 28.2 - 32.5 | 11.8 | In |
Call | 2024-05-17 CALL at $79.0 | 0.9712 | 0.0035 | 1 | 2024-05-17 | 27.1 - 31.5 | 10.9 | In |
Call | 2024-05-17 CALL at $80.0 | 0.9577 | 0.0045 | 8 | 2024-05-17 | 26.4 - 30.5 | 25.6 | In |
Call | 2024-05-17 CALL at $81.0 | 0.9698 | 0.0039 | 14 | 2024-05-17 | 25.1 - 29.5 | 9.2 | In |
Call | 2024-05-17 CALL at $82.0 | 0.9552 | 0.0051 | 8 | 2024-05-17 | 24.4 - 28.5 | 23.9 | In |
Call | 2024-05-17 CALL at $83.0 | 0.963 | 0.0048 | 47 | 2024-05-17 | 23.2 - 27.5 | 23.5 | In |
Call | 2024-05-17 CALL at $84.0 | 0.9095 | 0.0074 | 9 | 2024-05-17 | 22.9 - 25.1 | 21.9 | In |
Call | 2024-05-17 CALL at $85.0 | 0.9383 | 0.0068 | 10 | 2024-05-17 | 21.7 - 25.5 | 6.3 | In |
Call | 2024-05-17 CALL at $86.0 | 0.9493 | 0.0066 | 10 | 2024-05-17 | 21.7 - 23.2 | 6.3 | In |
Call | 2024-05-17 CALL at $87.0 | 0.919 | 0.0084 | 42 | 2024-05-17 | 20.4 - 21.8 | 10.4 | In |
Call | 2024-05-17 CALL at $88.0 | 0.9775 | 0.0047 | 9 | 2024-05-17 | 19.8 - 20.6 | 4.7 | In |
Call | 2024-05-17 CALL at $89.0 | 0.9551 | 0.0073 | 32 | 2024-05-17 | 19.0 - 19.7 | 12.2 | In |
Call | 2024-05-17 CALL at $90.0 | 0.9865 | 0.0037 | 28 | 2024-05-17 | 17.4 - 18.9 | 17.58 | In |
Call | 2024-05-17 CALL at $91.0 | 0.9754 | 0.0059 | 32 | 2024-05-17 | 16.7 - 17.7 | 14.5 | In |
Call | 2024-05-17 CALL at $92.0 | 0.9862 | 0.0043 | 27 | 2024-05-17 | 15.7 - 16.6 | 7.3 | In |
Call | 2024-05-17 CALL at $93.0 | 0.9638 | 0.0085 | 5 | 2024-05-17 | 14.7 - 15.8 | 4.5 | In |
Call | 2024-05-17 CALL at $94.0 | 0.9622 | 0.0094 | 14 | 2024-05-17 | 12.6 - 15.9 | 14.78 | In |
Call | 2024-05-17 CALL at $95.0 | 0.8882 | 0.0158 | 17 | 2024-05-17 | 12.0 - 15.6 | 15.0 | In |
Call | 2024-05-17 CALL at $96.0 | 0.9037 | 0.0166 | 50 | 2024-05-17 | 11.3 - 12.6 | 10.83 | In |
Call | 2024-05-17 CALL at $97.0 | 0.9561 | 0.0132 | 34 | 2024-05-17 | 9.5 - 13.0 | 12.4 | In |
Call | 2024-05-17 CALL at $98.0 | 0.9672 | 0.0124 | 5 | 2024-05-17 | 8.4 - 12.0 | 11.0 | In |
Call | 2024-05-17 CALL at $99.0 | 0.9377 | 0.0193 | 30 | 2024-05-17 | 9.0 - 9.6 | 9.05 | In |
Call | 2024-05-17 CALL at $100.0 | 0.9212 | 0.024 | 80 | 2024-05-17 | 7.7 - 9.0 | 7.87 | In |
Call | 2024-05-17 CALL at $101.0 | 0.8928 | 0.0303 | 105 | 2024-05-17 | 7.1 - 7.8 | 8.25 | In |
Call | 2024-05-17 CALL at $105.0 | 0.769 | 0.0683 | 373 | 2024-05-17 | 3.6 - 3.9 | 3.75 | In |
Call | 2024-05-17 CALL at $110.0 | 0.3184 | 0.0952 | 630 | 2024-05-17 | 0.05 - 0.9 | 0.76 | Out |
Put | 2024-05-17 PUT at $105.0 | -0.2083 | 0.0723 | 1189 | 2024-05-17 | 0.4 - 0.55 | 0.35 | Out |
Put | 2024-05-17 PUT at $110.0 | -0.7047 | 0.1067 | 127 | 2024-05-17 | 2.45 - 2.7 | 2.4 | In |
Put | 2024-05-17 PUT at $115.0 | -0.7112 | 0.0311 | 0 | 2024-05-17 | 5.0 - 8.8 | 7.8 | In |
Put | 2024-05-17 PUT at $120.0 | -0.8302 | 0.0226 | 0 | 2024-05-17 | 11.8 - 14.0 | 17.8 | In |
Put | 2024-05-17 PUT at $125.0 | -0.9347 | 0.0126 | 0 | 2024-05-17 | 16.9 - 17.6 | 0.0 | In |
Put | 2024-05-17 PUT at $130.0 | -0.8248 | 0.0133 | 0 | 2024-05-17 | 19.8 - 23.6 | 0.0 | In |
Put | 2024-05-17 PUT at $135.0 | -0.834 | 0.0112 | 0 | 2024-05-17 | 24.5 - 28.7 | 0.0 | In |
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Already Invested in WisdomTree Japan Hedged?
The danger of trading WisdomTree Japan Hedged is mainly related to its market volatility and ETF 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 WisdomTree Japan 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 WisdomTree Japan. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile WisdomTree Japan Hedged 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 WisdomTree Japan Hedged is a strong investment it is important to analyze WisdomTree Japan's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact WisdomTree Japan's future performance. For an informed investment choice regarding WisdomTree Etf, refer to the following important reports: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in WisdomTree Japan Hedged. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
The market value of WisdomTree Japan Hedged is measured differently than its book value, which is the value of WisdomTree that is recorded on the company's balance sheet. Investors also form their own opinion of WisdomTree Japan's value that differs from its market value or its book value, called intrinsic value, which is WisdomTree Japan'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 WisdomTree Japan's market value can be influenced by many factors that don't directly affect WisdomTree Japan'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 WisdomTree Japan's value and its price as these two are different measures arrived at by different means. Investors typically determine if WisdomTree Japan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WisdomTree Japan'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.