SPGI240426P00385000 Option on SP Global

SPGI Stock  USD 425.18  0.00  0.00%   
SP Global's option chain provides insight into all available option contracts written on SP Global's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of SP Global'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 SPGI option contract.

In The Money vs. Out of Money Option Contracts on SP Global

Analyzing SP Global's in-the-money options over time can help investors to take a profitable long position in SP Global regardless of its overall volatility. This is especially true when SP Global's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money SP Global's options could be used as guardians of the underlying stock as they move almost dollar for dollar with SP Global's stock while costing only a fraction of its price.
SP Global's latest option contracts expiring on 2024-05-03 are carrying combined implied volatility of 40.6 with a put-to-call open interest ratio of 2.39 over 134 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on 2024-05-03. The current put volume is at 123, with calls trading at the volume of 5. This yields a 24.6 put-to-call volume ratio. The SP Global option chain provides detailed quote and price information for the current SP Global option contracts. It shows all of SP Global's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2024-05-03 Option Contracts

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

SP Global 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 SP Global 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.
SP Global's stock options are financial instruments that give investors the right to buy or sell shares of SP Global common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell SPGI stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If SP Global's stock price goes up or down, the stock options follow.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SP Global. 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.
For more detail on how to invest in SPGI Stock please use our How to Invest in SP Global guide.
Please note that buying 'in-the-money' options on SP Global lessens the impact of time decay, as they carry both intrinsic and time value. So, even if SP Global'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 SP Global 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 SPGI Stock moves the wrong way.
As of now, SP Global's Total Stockholder Equity is increasing as compared to previous years. The SP Global's current Liabilities And Stockholders Equity is estimated to increase to about 63.6 B, while Common Stock Shares Outstanding is projected to decrease to under 275.8 M.

SP Global In The Money Call Balance

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

SPGI Current Options Market Mood

SP Global'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 SPGI 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 SP Global'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. SP Global'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 SP Global'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 SPGI contract

Base on the Rule 16, the options market is currently suggesting that SP Global will have an average daily up or down price movement of about 2.54% per day over the life of the 2024-05-03 option contract. With SP Global trading at USD 425.18, that is roughly USD 10.79. If you think that the market is fully incorporating SP Global's daily price movement you should consider buying SP Global options at the current volatility level of 40.6%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing SP Global 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" SPGI calls. Remember, the seller must deliver SP Global stock to the call owner when a call is exercised.

SP Global Option Chain

When SP Global's strike price is surpassing the current stock price, the option contract against SP Global 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.
SP Global's option chain is a display of a range of information that helps investors for ways to trade options on SPGI. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for SPGI. It also shows strike prices and maturity days for a SP Global 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 $230.00.95716.0E-412024-05-03182.3 - 190.3189.2In
Call
2024-05-03 CALL at $240.00.95716.0E-402024-05-03172.1 - 180.00.0In
Call
2024-05-03 CALL at $250.00.95437.0E-402024-05-03162.3 - 170.00.0In
Call
2024-05-03 CALL at $260.00.95348.0E-402024-05-03152.7 - 159.80.0In
Call
2024-05-03 CALL at $270.00.95029.0E-402024-05-03143.2 - 149.80.0In
Call
2024-05-03 CALL at $275.00.94859.0E-402024-05-03138.0 - 144.80.0In
Call
2024-05-03 CALL at $280.00.94670.00102024-05-03132.5 - 139.80.0In
Call
2024-05-03 CALL at $285.00.94480.00102024-05-03127.7 - 134.80.0In
Call
2024-05-03 CALL at $290.00.94280.001102024-05-03122.0 - 129.80.0In
Call
2024-05-03 CALL at $295.00.94070.001202024-05-03117.2 - 124.80.0In
Call
2024-05-03 CALL at $300.00.93850.001302024-05-03112.1 - 119.80.0In
Call
2024-05-03 CALL at $305.00.93610.001402024-05-03107.5 - 114.80.0In
Call
2024-05-03 CALL at $310.00.91550.001602024-05-03102.0 - 111.20.0In
Call
2024-05-03 CALL at $315.00.92510.001602024-05-0397.2 - 105.20.0In
Call
2024-05-03 CALL at $320.00.9220.001702024-05-0392.2 - 100.20.0In
Call
2024-05-03 CALL at $325.00.91860.001902024-05-0387.0 - 95.20.0In
Call
2024-05-03 CALL at $330.00.92670.001902024-05-0382.2 - 89.50.0In
Call
2024-05-03 CALL at $335.00.99226.0E-402024-05-0377.2 - 87.00.0In
Call
2024-05-03 CALL at $340.00.91950.002302024-05-0372.0 - 79.50.0In
Call
2024-05-03 CALL at $345.00.98819.0E-402024-05-0367.3 - 77.00.0In
Call
2024-05-03 CALL at $350.00.88350.00302024-05-0362.0 - 71.00.0In
Call
2024-05-03 CALL at $355.00.99029.0E-402024-05-0357.2 - 67.00.0In
Call
2024-05-03 CALL at $360.00.88310.003602024-05-0352.0 - 60.30.0In
Call
2024-05-03 CALL at $365.00.89360.003902024-05-0347.5 - 54.50.0In
Call
2024-05-03 CALL at $370.00.87430.004502024-05-0342.3 - 50.00.0In
Call
2024-05-03 CALL at $375.00.87780.005102024-05-0337.5 - 44.50.0In
Call
2024-05-03 CALL at $380.00.85440.00602024-05-0332.3 - 40.00.0In
Call
2024-05-03 CALL at $385.00.85290.00702024-05-0327.6 - 34.60.0In
Call
2024-05-03 CALL at $390.00.8380.008402024-05-0322.5 - 29.60.0In
Call
2024-05-03 CALL at $395.00.80970.010102024-05-0317.4 - 24.90.0In
Call
2024-05-03 CALL at $400.00.79430.01302024-05-0312.6 - 19.60.0In
Call
2024-05-03 CALL at $402.50.78590.015202024-05-0310.1 - 16.90.0In
Call
2024-05-03 CALL at $405.00.7520.017122024-05-037.6 - 14.88.6In
Call
2024-05-03 CALL at $407.50.73890.02112024-05-036.6 - 12.07.2In
Call
2024-05-03 CALL at $410.00.74550.029482024-05-033.0 - 8.75.6In
Call
2024-05-03 CALL at $412.50.76940.0489172024-05-034.0 - 6.74.7In
Call
2024-05-03 CALL at $415.00.65520.0719332024-05-032.6 - 3.81.85In
Call
2024-05-03 CALL at $417.50.46370.0789452024-05-031.4 - 2.152.9Out
Call
2024-05-03 CALL at $420.00.28040.0665342024-05-030.6 - 1.151.75Out
Call
2024-05-03 CALL at $422.50.11430.0429262024-05-030.05 - 0.70.25Out
Call
2024-05-03 CALL at $425.00.11220.0295382024-05-030.05 - 0.650.98Out
Call
2024-05-03 CALL at $432.50.01890.006322024-05-030.0 - 0.50.05Out
Call
2024-05-03 CALL at $435.00.01690.005132024-05-030.0 - 0.750.05Out
 Put
2024-05-03 PUT at $540.0-0.96710.001302024-05-03119.9 - 127.50.0In
 Put
2024-05-03 PUT at $530.0-0.96720.001402024-05-03109.9 - 117.40.0In
 Put
2024-05-03 PUT at $525.0-0.95550.001702024-05-03104.9 - 113.00.0In
 Put
2024-05-03 PUT at $520.0-0.94590.00202024-05-03100.4 - 108.00.0In
 Put
2024-05-03 PUT at $515.0-0.95840.001802024-05-0395.1 - 102.50.0In
 Put
2024-05-03 PUT at $510.0-0.96520.001702024-05-0389.6 - 97.60.0In
 Put
2024-05-03 PUT at $505.0-0.96630.001802024-05-0384.6 - 92.50.0In
 Put
2024-05-03 PUT at $500.0-0.9540.002202024-05-0379.9 - 87.70.0In
 Put
2024-05-03 PUT at $495.0-0.97430.001702024-05-0374.0 - 82.70.0In
 Put
2024-05-03 PUT at $490.0-0.94390.002802024-05-0369.9 - 78.00.0In
 Put
2024-05-03 PUT at $485.0-0.95280.002702024-05-0364.7 - 72.70.0In
 Put
2024-05-03 PUT at $480.0-0.94090.003202024-05-0360.3 - 67.50.0In
 Put
2024-05-03 PUT at $475.0-0.94280.003402024-05-0355.5 - 62.10.0In
 Put
2024-05-03 PUT at $470.0-0.92060.004302024-05-0350.5 - 57.90.0In
 Put
2024-05-03 PUT at $465.0-0.92790.004502024-05-0345.0 - 52.90.0In
 Put
2024-05-03 PUT at $460.0-0.92040.005202024-05-0340.2 - 47.80.0In
 Put
2024-05-03 PUT at $455.0-0.92010.005902024-05-0335.0 - 42.80.0In
 Put
2024-05-03 PUT at $450.0-0.88810.007502024-05-0330.8 - 37.90.0In
 Put
2024-05-03 PUT at $445.0-0.8830.008822024-05-0325.5 - 33.014.7In
 Put
2024-05-03 PUT at $442.5-0.87980.009802024-05-0323.4 - 30.00.0In
 Put
2024-05-03 PUT at $440.0-0.8930.010442024-05-0320.0 - 27.89.6In
 Put
2024-05-03 PUT at $437.5-0.87830.01202024-05-0318.0 - 25.00.0In
 Put
2024-05-03 PUT at $435.0-0.88550.013942024-05-0316.0 - 21.610.6In
 Put
2024-05-03 PUT at $432.5-0.85840.016102024-05-0313.0 - 20.00.0In
 Put
2024-05-03 PUT at $430.0-0.85350.0191122024-05-0310.5 - 17.314.63In
 Put
2024-05-03 PUT at $427.5-0.81840.023502024-05-038.0 - 15.20.0In
 Put
2024-05-03 PUT at $425.0-0.80780.0304102024-05-035.0 - 12.910.5In
 Put
2024-05-03 PUT at $422.5-0.7290.037622024-05-033.5 - 10.414.3In
 Put
2024-05-03 PUT at $420.0-0.74750.07181882024-05-031.55 - 5.85.43In
 Put
2024-05-03 PUT at $417.5-0.5350.0759422024-05-032.2 - 2.558.27In
 Put
2024-05-03 PUT at $415.0-0.36520.0632132024-05-031.2 - 1.81.95Out
 Put
2024-05-03 PUT at $412.5-0.24280.0477202024-05-030.65 - 1.10.95Out
 Put
2024-05-03 PUT at $407.5-0.19540.02432652024-05-030.0 - 0.81.25Out
 Put
2024-05-03 PUT at $405.0-0.0920.0179592024-05-030.05 - 0.50.4Out
 Put
2024-05-03 PUT at $402.5-0.06010.012512024-05-030.0 - 0.850.25Out
 Put
2024-05-03 PUT at $390.0-0.01160.002412024-05-030.0 - 0.850.05Out

SP Global 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  

SP Global 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  

SPGI Total Stockholder Equity

Total Stockholder Equity

35.91 Billion

As of now, SP Global's Total Stockholder Equity is increasing as compared to previous years.

Be your own money manager

Our tools can tell you how much better you can do entering a position in SP Global 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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SP Global Corporate Directors

SP Global corporate directors refer to members of a SP Global board of directors. The board of directors generally takes responsibility for the SP Global'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 SP Global's board members must vote for the resolution. The SP Global board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Stephanie HillIndependent DirectorProfile
Ian LivingstonIndependent DirectorProfile
Deborah McWhinneyIndependent DirectorProfile
Maria MorrisIndependent DirectorProfile

Already Invested in SP Global?

The danger of trading SP Global 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 SP Global 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 SP Global. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile SP Global 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 SP Global offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SP Global'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 Sp Global Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sp Global Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SP Global. 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.
For more detail on how to invest in SPGI Stock please use our How to Invest in SP Global guide.
Note that the SP Global information on this page should be used as a complementary analysis to other SP Global'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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running SP Global's price analysis, check to measure SP Global'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 SP Global is operating at the current time. Most of SP Global's value examination focuses on studying past and present price action to predict the probability of SP Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SP Global's price. Additionally, you may evaluate how the addition of SP Global to your portfolios can decrease your overall portfolio volatility.
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Is SP Global'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 SP Global. If investors know SPGI 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 SP Global 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
0.279
Dividend Share
3.61
Earnings Share
8.92
Revenue Per Share
40.534
Quarterly Revenue Growth
0.105
The market value of SP Global is measured differently than its book value, which is the value of SPGI that is recorded on the company's balance sheet. Investors also form their own opinion of SP Global's value that differs from its market value or its book value, called intrinsic value, which is SP Global'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 SP Global's market value can be influenced by many factors that don't directly affect SP Global'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 SP Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if SP Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SP Global'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.