First Interstate Stock Options

FIBK Stock  USD 25.99  0.01  0.04%   
First Interstate's latest option contracts expiring on June 20th 2025 are carrying combined implied volatility of 0.85 with a put-to-call open interest ratio of 0.02 over 20 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on June 20th 2025.

Open Interest Against June 20th 2025 Option Contracts

The chart above shows First Interstate'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. First Interstate's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for First Interstate's option, there is no secondary market available for investors to trade.

In The Money vs. Out of Money Option Contracts on First Interstate

Analyzing First Interstate's in-the-money options over time can help investors to take a profitable long position in First Interstate regardless of its overall volatility. This is especially true when First Interstate's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money First Interstate's options could be used as guardians of the underlying stock as they move almost dollar for dollar with First Interstate's stock while costing only a fraction of its price.

First Interstate Ban In The Money Call Balance

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

First Current Options Market Mood

First Interstate'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 First 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 First Interstate's options investors are not very successful. First Interstate'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.

Rule 16 of the current First contract

Base on the Rule 16, the options market is currently suggesting that First Interstate BancSystem will have an average daily up or down price movement of about 0.0531% per day over the life of the 2025-06-20 option contract. With First Interstate trading at USD 25.99, that is roughly USD 0.0138. If you think that the market is fully incorporating First Interstate's daily price movement you should consider buying First Interstate BancSystem options at the current volatility level of 0.85%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing First Interstate 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" First calls. Remember, the seller must deliver First Interstate BancSystem stock to the call owner when a call is exercised.

First Interstate Option Chain

When First Interstate's strike price is surpassing the current stock price, the option contract against First Interstate BancSystem 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.
First Interstate's option chain is a display of a range of information that helps investors for ways to trade options on First. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for First. It also shows strike prices and maturity days for a First Interstate 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 IntStrike PriceCurrent SpreadLast Price
Call
FIBK250620C00050000150.00.0 - 0.10.1Out
Call
FIBK250620C000450002045.00.0 - 0.40.45Out
Call
FIBK250620C000400004040.00.0 - 0.250.15Out
Call
FIBK250620C000350005435.00.0 - 0.51.5Out
Call
FIBK250620C000300001830.00.0 - 1.40.75Out
Call
FIBK250620C00025000025.01.3 - 4.31.3In
Call
FIBK250620C00022500022.53.0 - 6.43.0In
Call
FIBK250620C00020000020.04.7 - 8.54.7In
Call
FIBK250620C00017500017.57.3 - 11.07.3In
Call
FIBK250620C00015000015.09.2 - 13.49.2In
 Put
FIBK250620P00050000050.022.6 - 26.522.6In
 Put
FIBK250620P00045000045.018.5 - 21.518.5In
 Put
FIBK250620P00040000040.013.0 - 16.513.0In
 Put
FIBK250620P00035000035.07.8 - 11.47.8In
 Put
FIBK250620P00030000030.03.8 - 7.03.8In
 Put
FIBK250620P00025000025.00.0 - 4.64.6Out
 Put
FIBK250620P00022500022.50.0 - 3.53.5Out
 Put
FIBK250620P00020000020.00.0 - 2.852.85Out
 Put
FIBK250620P00017500317.50.0 - 2.950.05Out
 Put
FIBK250620P00015000015.00.0 - 4.44.4Out

First Interstate Selling And Marketing Expenses Over Time

   Selling And Marketing Expenses   
       Timeline  

First Interstate Market Cap Over Time

   Market Cap   
       Timeline  

First Total Stockholder Equity

Total Stockholder Equity

3.47 Billion

At this time, First Interstate's Total Stockholder Equity is quite stable compared to the past year.

First Interstate Corporate Executives

Elected by the shareholders, the First Interstate's board of directors comprises two types of representatives: First Interstate inside directors who are chosen from within the company, and outside directors, selected externally and held independent of First. The board's role is to monitor First Interstate's management team and ensure that shareholders' interests are well served. First Interstate's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, First Interstate's outside directors are responsible for providing unbiased perspectives on the board's policies.
Marcy MutchExecutive CFOProfile
Marcy CPAExecutive CFOProfile
Kristina RobbinsExecutive COOProfile
When determining whether First Interstate Ban is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if First Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about First Interstate Bancsystem Stock. Highlighted below are key reports to facilitate an investment decision about First Interstate Bancsystem Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Interstate BancSystem. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Regional Banks 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 First Interstate. If investors know First 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 First Interstate 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
(0.15)
Dividend Share
1.88
Earnings Share
2.19
Revenue Per Share
9.049
Quarterly Revenue Growth
(0.08)
The market value of First Interstate Ban is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Interstate's value that differs from its market value or its book value, called intrinsic value, which is First Interstate'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 First Interstate's market value can be influenced by many factors that don't directly affect First Interstate'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 First Interstate's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Interstate is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Interstate'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.