Advance Auto Stock Options

AAP
 Stock
  

USD 181.77  0.54  0.30%   

Advance Auto's option chain provides insight into all available option contracts written on Advance Auto's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Advance Auto'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 Advance option contract. View S&P 500 options
  
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Purchasing Advance Auto 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" Advance calls. Remember, the seller must deliver Advance Auto Parts stock to the call owner when a call is exercised.

In The Money vs. Out of Money Option Contracts on Advance Auto

Analyzing Advance Auto's in-the-money options over time can help investors to take a profitable long position in Advance Auto regardless of its overall volatility. This is especially true when Advance Auto's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Advance Auto's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Advance Auto's stock while costing only a fraction of its price.
Advance Auto's latest option contracts expiring on 2022-07-15 are carrying combined implied volatility of 36.52 with a put-to-call open interest ratio of 1.57 over 66 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on 2022-07-15. The current put volume is at 123, with calls trading at the volume of 268. This yields a 0.46 put-to-call volume ratio. The Advance Auto option chain provides detailed quote and price information for the current Advance Auto Parts option contracts. It shows all of Advance Auto's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2022-07-15 Option Contracts

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

Advance Auto Maximum Pain Price across 2022-07-15 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 Advance Auto 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.
Advance Auto's stock options are financial instruments that give investors the right to buy or sell shares of Advance Auto Parts common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Advance stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Advance Auto's stock price goes up or down, the stock options follow.
Please continue to Trending Equities.
Please note that buying 'in-the-money' options on Advance Auto lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Advance Auto'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 Advance Auto 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 Advance Stock moves the wrong way.
As of 7th of July 2022, Net Income Common Stock is likely to drop to about 566.2 M

Advance Auto Parts In The Money Call Balance

When Advance Auto's strike price is surpassing the current stock price, the option contract against Advance Auto Parts stock is said to be in the money. When it comes to buying Advance Auto'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' options written on Advance Auto Parts 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.

Advance Current Options Market Mood

Advance Auto'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 Advance 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 Advance Auto'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. Advance Auto'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 Advance Auto'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 Advance contract

Base on the Rule 16, the options market is currently suggesting that Advance Auto Parts will have an average daily up or down price movement of about 2.28% per day over the life of the 2022-07-15 option contract. With Advance Auto trading at $181.77, that is roughly $4.15. If you think that the market is fully incorporating Advance Auto's daily price movement you should consider buying Advance Auto Parts options at the current volatility level of 36.52%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Advance Auto Option Chain

When Advance Auto's strike price is surpassing the current stock price, the option contract against Advance Auto Parts 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.
2022-07-152022-08-192022-09-162022-12-162023-01-202023-06-162024-01-19
Advance Auto's option chain is a display of a range of information that helps investors for ways to trade options on Advance. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Advance. It also shows strike prices and maturity days for a Advance Auto 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
2022-07-15 CALL at $100.00.98268.0E-432022-07-1580.9 - 83.366.75In
Call
2022-07-15 CALL at $105.00.97620.00102022-07-1575.9 - 78.60.0In
Call
2022-07-15 CALL at $110.00.97440.001202022-07-1571.1 - 73.40.0In
Call
2022-07-15 CALL at $115.00.99126.0E-402022-07-1565.9 - 67.80.0In
Call
2022-07-15 CALL at $120.00.97640.001402022-07-1561.0 - 63.20.0In
Call
2022-07-15 CALL at $125.00.94190.002502022-07-1555.3 - 58.065.27In
Call
2022-07-15 CALL at $130.00.96030.002302022-07-1551.1 - 53.60.0In
Call
2022-07-15 CALL at $135.00.9540.002802022-07-1546.2 - 48.60.0In
Call
2022-07-15 CALL at $140.00.99230.00102022-07-1540.1 - 43.50.0In
Call
2022-07-15 CALL at $145.00.97010.00302022-07-1536.3 - 37.70.0In
Call
2022-07-15 CALL at $150.00.98210.002622022-07-1531.2 - 32.533.78In
Call
2022-07-15 CALL at $155.00.96660.004612022-07-1526.4 - 27.526.0In
Call
2022-07-15 CALL at $160.00.93820.007912022-07-1521.6 - 22.721.04In
Call
2022-07-15 CALL at $165.00.92010.0116292022-07-1516.6 - 17.812.68In
Call
2022-07-15 CALL at $170.00.85260.0193362022-07-1512.2 - 13.18.9In
Call
2022-07-15 CALL at $175.00.73330.028411852022-07-158.3 - 9.06.87In
Call
2022-07-15 CALL at $180.00.57510.0367892022-07-154.9 - 5.45.6In
Call
2022-07-15 CALL at $185.00.38270.0381032022-07-152.4 - 2.752.6Out
Call
2022-07-15 CALL at $190.00.21180.02951402022-07-151.05 - 1.251.35Out
Call
2022-07-15 CALL at $195.00.1060.0182902022-07-150.4 - 1.150.5Out
Call
2022-07-15 CALL at $200.00.06320.01111492022-07-150.0 - 0.50.3Out
 Put
2022-07-15 PUT at $150.0-0.02510.0032872022-07-150.05 - 0.30.18Out
 Put
2022-07-15 PUT at $155.0-0.0340.0046872022-07-150.05 - 0.40.59Out
 Put
2022-07-15 PUT at $160.0-0.04320.0066512022-07-150.0 - 0.350.25Out
 Put
2022-07-15 PUT at $165.0-0.07380.01132732022-07-150.3 - 0.50.42Out
 Put
2022-07-15 PUT at $170.0-0.14110.019310982022-07-150.7 - 1.350.86Out
 Put
2022-07-15 PUT at $175.0-0.25130.0299782022-07-151.45 - 1.852.15Out
 Put
2022-07-15 PUT at $180.0-0.42040.03971112022-07-153.0 - 3.43.12Out
 Put
2022-07-15 PUT at $185.0-0.62440.0399752022-07-155.5 - 5.910.57In
 Put
2022-07-15 PUT at $190.0-0.75680.028252022-07-159.0 - 10.710.9In
 Put
2022-07-15 PUT at $195.0-0.86430.019222022-07-1513.0 - 15.113.7In
 Put
2022-07-15 PUT at $200.0-0.88990.0136102022-07-1517.3 - 19.019.5In
 Put
2022-07-15 PUT at $210.0-0.89820.008902022-07-1526.6 - 29.239.85In
 Put
2022-07-15 PUT at $220.0-0.89590.006902022-07-1536.5 - 39.548.52In
 Put
2022-07-15 PUT at $230.0-0.91230.005302022-07-1546.6 - 49.40.0In
 Put
2022-07-15 PUT at $240.0-0.94090.003802022-07-1556.5 - 59.00.0In
 Put
2022-07-15 PUT at $250.0-0.95090.00302022-07-1566.7 - 68.90.0In
 Put
2022-07-15 PUT at $260.0-0.93090.003202022-07-1576.4 - 79.40.0In
 Put
2022-07-15 PUT at $270.0-0.93070.00302022-07-1586.6 - 89.50.0In
 Put
2022-07-15 PUT at $280.0-0.99514.0E-402022-07-1596.8 - 99.80.0In
 Put
2022-07-15 PUT at $290.0-0.95220.002102022-07-15106.8 - 109.10.0In
 Put
2022-07-15 PUT at $300.0-0.95810.001802022-07-15116.3 - 119.00.0In
 Put
2022-07-15 PUT at $310.0-0.95570.001802022-07-15126.9 - 129.10.0In
 Put
2022-07-15 PUT at $320.0-0.91430.002402022-07-15135.6 - 140.50.0In

Advance Auto 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.
 Net Income Common Stock 
Share
      Timeline 

Advance Auto Net Income Common Stock USD Over Time

Net Income Common Stock in USD; converted by US Dollar Exchange Rate.
 Net Income Common Stock USD 
Share
      Timeline 

Advance Auto Parts Historical Liabilities

While analyzing the current debt level is an essential aspect of forecasting the current year budgeting needs of Advance Auto, understanding its historical liability is critical in projecting Advance Auto'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 Advance Auto uses its financing power over time.

Advance Auto Investors Sentiment

The influence of Advance Auto's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Advance. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Advance Auto's public news can be used to forecast risks associated with investment in Advance. The trend in average sentiment can be used to explain how an investor holding Advance can time the market purely based on public headlines and social activities around Advance Auto Parts. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Advance Auto's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Advance Auto's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Advance Auto's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Advance Auto.

Advance Auto Implied Volatility

    
  36.52  
Advance Auto's implied volatility exposes the market's sentiment of Advance Auto Parts stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Advance Auto's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Advance Auto stock will not fluctuate a lot when Advance Auto's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Advance Auto in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Advance Auto's short interest history, or implied volatility extrapolated from Advance Auto options trading.

Current Sentiment - AAP

Advance Auto Parts Investor Sentiment

Greater number of Macroaxis users are presently bullish on Advance Auto Parts. What is your sentiment towards investing in Advance Auto Parts? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

Pair Trading with Advance Auto

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 Advance Auto 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 Advance Auto will appreciate offsetting losses from the drop in the long position's value.

Advance Auto Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Advance Auto could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Advance Auto 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 Advance Auto - 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 Advance Auto Parts to buy it.
The correlation of Advance Auto 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 Advance Auto moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Advance Auto Parts 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 Advance Auto 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
Please continue to Trending Equities. Note that the Advance Auto Parts information on this page should be used as a complementary analysis to other Advance Auto'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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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Is Advance Auto'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 Advance Auto. If investors know Advance 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 Advance Auto 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
-0.2
Market Capitalization
11 B
Quarterly Revenue Growth YOY
0.013
Return On Assets
0.0434
Return On Equity
0.18
The market value of Advance Auto Parts is measured differently than its book value, which is the value of Advance that is recorded on the company's balance sheet. Investors also form their own opinion of Advance Auto's value that differs from its market value or its book value, called intrinsic value, which is Advance Auto'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 Advance Auto's market value can be influenced by many factors that don't directly affect Advance Auto'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 Advance Auto's value and its price as these two are different measures arrived at by different means. Investors typically determine Advance Auto value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advance Auto'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.