Opendoor Technologies Stock Options Expiring on 11th of October
| OPEN Stock | USD 2.08 0.11 5.02% |
Opendoor Technologies' latest option contracts expiring on 2024-10-11 are carrying combined implied volatility of 108.62 with a put-to-call open interest ratio of 0.3 over 18 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2024-10-11. The current put volume is at 96.0, with calls trading at the volume of 297. This yields a 0.32 put-to-call volume ratio.
Open Interest Against 2024-10-11 Option Contracts
2024-10-11
The chart above shows Opendoor Technologies' 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. Opendoor Technologies' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Opendoor Technologies' option, there is no secondary market available for investors to trade.
Opendoor Technologies Maximum Pain Price across 2024-10-11 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 Opendoor Technologies 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.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Opendoor Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Please note that buying 'in-the-money' options on Opendoor Technologies lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Opendoor Technologies' 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 Opendoor Technologies 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 Opendoor Stock moves the wrong way.
At this time, Opendoor Technologies' Total Stockholder Equity is very stable compared to the past year. As of the 23rd of September 2024, Liabilities And Stockholders Equity is likely to grow to about 5.3 B, while Common Stock Shares Outstanding is likely to drop about 478.6 M. Opendoor Technologies In The Money Call Balance
When Opendoor Technologies' strike price is surpassing the current stock price, the option contract against Opendoor Technologies stock is said to be in the money. When it comes to buying Opendoor Technologies' 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 Opendoor Technologies 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.
Opendoor Current Options Market Mood
Opendoor Technologies' 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 Opendoor 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 Opendoor Technologies' calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Opendoor Technologies' 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 Opendoor Technologies' 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 Opendoor contract
Base on the Rule 16, the options market is currently suggesting that Opendoor Technologies will have an average daily up or down price movement of about 6.79% per day over the life of the 2024-10-11 option contract. With Opendoor Technologies trading at USD 2.08, that is roughly USD 0.14. If you think that the market is fully incorporating Opendoor Technologies' daily price movement you should consider buying Opendoor Technologies options at the current volatility level of 108.62%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Opendoor |
Opendoor Technologies Option Chain
When Opendoor Technologies' strike price is surpassing the current stock price, the option contract against Opendoor Technologies 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.
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Opendoor Technologies' option chain is a display of a range of information that helps investors for ways to trade options on Opendoor. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Opendoor. It also shows strike prices and maturity days for a Opendoor Technologies 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 | 2024-10-11 CALL at $0.5 | 0.9773 | 0.0278 | 1 | 2024-10-11 | 1.17 - 2.04 | 1.7 | In |
Call | 2024-10-11 CALL at $1.0 | 0.9572 | 0.0875 | 0 | 2024-10-11 | 0.91 - 1.3 | 0.0 | In |
Call | 2024-10-11 CALL at $1.5 | 0.8592 | 0.2906 | 4 | 2024-10-11 | 0.46 - 0.88 | 0.65 | In |
Call | 2024-10-11 CALL at $2.0 | 0.6145 | 0.6945 | 312 | 2024-10-11 | 0.23 - 0.3 | 0.26 | In |
Call | 2024-10-11 CALL at $2.5 | 0.2934 | 0.6186 | 469 | 2024-10-11 | 0.07 - 0.1 | 0.09 | Out |
Call | 2024-10-11 CALL at $3.0 | 0.1191 | 0.3467 | 569 | 2024-10-11 | 0.02 - 0.25 | 0.03 | Out |
Call | 2024-10-11 CALL at $3.5 | 0.0991 | 0.2369 | 57 | 2024-10-11 | 0.02 - 0.07 | 0.03 | Out |
Call | 2024-10-11 CALL at $4.0 | 0.2389 | 0.2351 | 305 | 2024-10-11 | 0.01 - 0.27 | 0.04 | Out |
Put | 2024-10-11 PUT at $1.5 | -0.0763 | 0.273 | 67 | 2024-10-11 | 0.01 - 0.04 | 0.02 | Out |
Put | 2024-10-11 PUT at $2.0 | -0.3828 | 0.8317 | 346 | 2024-10-11 | 0.11 - 0.39 | 0.14 | Out |
Put | 2024-10-11 PUT at $2.5 | -0.7926 | 0.6934 | 88 | 2024-10-11 | 0.43 - 0.56 | 0.46 | In |
Put | 2024-10-11 PUT at $3.0 | -0.8829 | 0.3462 | 0 | 2024-10-11 | 0.73 - 1.16 | 0.0 | In |
Put | 2024-10-11 PUT at $3.5 | -0.6806 | 0.264 | 0 | 2024-10-11 | 1.21 - 1.62 | 0.0 | In |
Put | 2024-10-11 PUT at $4.0 | -0.7976 | 0.2343 | 0 | 2024-10-11 | 1.75 - 2.02 | 0.0 | In |
Put | 2024-10-11 PUT at $4.5 | -0.8827 | 0.1799 | 70 | 2024-10-11 | 2.3 - 2.63 | 2.16 | In |
Opendoor Technologies Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
| Timeline |
Opendoor Other Stockholder Equity
Other Stockholder Equity |
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Opendoor Technologies Corporate Management
| Sydney Schaub | Chief Secretary | Profile | |
| Amelia Generalis | Chief Officer | Profile | |
| Kimberly Niehaus | Investor Officer | Profile | |
| Raji Subramanian | Chief Officer | Profile | |
| Daniel Morillo | Chief Officer | Profile |
Additional Information and Resources on Investing in Opendoor Stock
When determining whether Opendoor Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Opendoor Technologies' 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 Opendoor Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Opendoor Technologies Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Opendoor Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. To learn how to invest in Opendoor Stock, please use our How to Invest in Opendoor Technologies guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Real Estate Management & Development 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 Opendoor Technologies. If investors know Opendoor 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 Opendoor Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.59) | Revenue Per Share 6.702 | Quarterly Revenue Growth (0.23) | Return On Assets (0.06) | Return On Equity (0.41) |
The market value of Opendoor Technologies is measured differently than its book value, which is the value of Opendoor that is recorded on the company's balance sheet. Investors also form their own opinion of Opendoor Technologies' value that differs from its market value or its book value, called intrinsic value, which is Opendoor Technologies' 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 Opendoor Technologies' market value can be influenced by many factors that don't directly affect Opendoor Technologies' 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 Opendoor Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Opendoor Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Opendoor Technologies' 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.