Airgain Stock Options Expiring on 19th of May 2023


USD 7.24  0.19  2.56%   

Airgain's latest option contracts expiring on 2023-05-19 are carrying combined implied volatility of 71.58 with a put-to-call open interest ratio of 0.4 over 12 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on 2023-05-19. The current put volume is at 5, with calls trading at the volume of 4. This yields a 1.25 put-to-call volume ratio. The Airgain option chain provides detailed quote and price information for the current Airgain option contracts. It shows all of Airgain's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2023-05-19 Option Contracts

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

Airgain Maximum Pain Price across 2023-05-19 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 Airgain 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.
Airgain's stock options are financial instruments that give investors the right to buy or sell shares of Airgain common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Airgain stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Airgain's stock price goes up or down, the stock options follow.
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Please note that buying 'in-the-money' options on Airgain lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Airgain'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 Airgain 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 Airgain Stock moves the wrong way.
As of December 8, 2022, Net Income Common Stock is expected to decline to about (10.4 M)

Airgain In The Money Call Balance

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

Airgain Current Options Market Mood

Airgain'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 Airgain 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 Airgain'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. Airgain'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 Airgain'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 Airgain contract

Base on the Rule 16, the options market is currently suggesting that Airgain will have an average daily up or down price movement of about 4.47% per day over the life of the 2023-05-19 option contract. With Airgain trading at USD7.24, that is roughly USD0.32. If you think that the market is fully incorporating Airgain's daily price movement you should consider buying Airgain options at the current volatility level of 71.58%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Airgain Option Chain

When Airgain's strike price is surpassing the current stock price, the option contract against Airgain 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.
Airgain's option chain is a display of a range of information that helps investors for ways to trade options on Airgain. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Airgain. It also shows strike prices and maturity days for a Airgain 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
2023-05-19 CALL at $2.50.94060.015702023-05-194.2 - 5.10.0In
2023-05-19 CALL at $5.00.91070.067502023-05-191.8 - 3.10.0In
2023-05-19 CALL at $7.50.56570.13372023-05-190.2 - 2.051.4Out
2023-05-19 CALL at $10.00.37410.100382023-05-190.1 - 1.40.5Out
2023-05-19 PUT at $5.0-0.17650.057102023-05-190.05 - 1.150.0Out
2023-05-19 PUT at $7.5-0.42260.112652023-05-190.95 - 2.00.85In
2023-05-19 PUT at $10.0-0.77590.121812023-05-192.7 - 3.22.55In
2023-05-19 PUT at $12.5-0.65160.071502023-05-194.2 - 6.00.0In
2023-05-19 PUT at $15.0-0.69450.061502023-05-197.0 - 8.40.0In

Airgain Net Income Common Stock Over Time

The amount of net income (loss) for the period due to common shareholders. Typically differs from Net Income to the parent entity due to the deduction of Preferred Dividends Income Statement Impact.
   Net Income Common Stock   

Airgain Historical Liabilities

While analyzing the current debt level is an essential aspect of forecasting the current year budgeting needs of Airgain, understanding its historical liability is critical in projecting Airgain's future earnings, especially during periods of low and high inflation and deflation. Many analysts look at the trend in assets and liabilities and evaluate how Airgain uses its financing power over time.

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Our tools can tell you how much better you can do entering a position in Airgain 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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Pair Trading with Airgain

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Airgain position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Airgain will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Airgain could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Airgain when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Airgain - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Airgain to buy it.
The correlation of Airgain is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Airgain moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Airgain moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Airgain can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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When running Airgain price analysis, check to measure Airgain'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 Airgain is operating at the current time. Most of Airgain's value examination focuses on studying past and present price action to predict the probability of Airgain's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Airgain's price. Additionally, you may evaluate how the addition of Airgain to your portfolios can decrease your overall portfolio volatility.
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Is Airgain'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 Airgain. If investors know Airgain 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 Airgain 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 YOY
Market Capitalization
76 M
Quarterly Revenue Growth YOY
Return On Assets
Return On Equity
The market value of Airgain is measured differently than its book value, which is the value of Airgain that is recorded on the company's balance sheet. Investors also form their own opinion of Airgain's value that differs from its market value or its book value, called intrinsic value, which is Airgain'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 Airgain's market value can be influenced by many factors that don't directly affect Airgain'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 Airgain's value and its price as these two are different measures arrived at by different means. Investors typically determine Airgain value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Airgain'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.