AllianceBernstein Stock Options Expiring on 21st of April 2023


USD 40.35  0.13  0.32%   

AllianceBernstein's latest option contracts expiring on 2023-04-21 are carrying combined implied volatility of 24.5 with a put-to-call open interest ratio of 2.01 over 24 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on 2023-04-21. The current put volume is at 47, with calls trading at the volume of 251. This yields a 0.19 put-to-call volume ratio. The AllianceBernstein option chain provides detailed quote and price information for the current AllianceBernstein Holding LP option contracts. It shows all of AllianceBernstein's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2023-04-21 Option Contracts

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

AllianceBernstein Maximum Pain Price across 2023-04-21 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 AllianceBernstein 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.
AllianceBernstein's stock options are financial instruments that give investors the right to buy or sell shares of AllianceBernstein common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell AllianceBernstein stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If AllianceBernstein'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 AllianceBernstein lessens the impact of time decay, as they carry both intrinsic and time value. So, even if AllianceBernstein'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 AllianceBernstein 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 AllianceBernstein Stock moves the wrong way.

AllianceBernstein In The Money Call Balance

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

AllianceBernstein Current Options Market Mood

AllianceBernstein'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 AllianceBernstein 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 AllianceBernstein'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. AllianceBernstein'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 AllianceBernstein'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 AllianceBernstein contract

Base on the Rule 16, the options market is currently suggesting that AllianceBernstein Holding LP will have an average daily up or down price movement of about 1.53% per day over the life of the 2023-04-21 option contract. With AllianceBernstein trading at USD40.35, that is roughly USD0.62. If you think that the market is fully incorporating AllianceBernstein's daily price movement you should consider buying AllianceBernstein Holding LP options at the current volatility level of 24.5%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

AllianceBernstein Option Chain

When AllianceBernstein's strike price is surpassing the current stock price, the option contract against AllianceBernstein Holding LP 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.
AllianceBernstein's option chain is a display of a range of information that helps investors for ways to trade options on AllianceBernstein. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for AllianceBernstein. It also shows strike prices and maturity days for a AllianceBernstein 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
2023-04-21 CALL at $17.50.98710.001502023-04-2122.7 - 23.30.0In
2023-04-21 CALL at $20.00.94420.004902023-04-2120.1 - 20.80.0In
2023-04-21 CALL at $22.50.97010.004102023-04-2117.8 - 18.39.5In
2023-04-21 CALL at $25.00.96410.005802023-04-2115.3 - 15.812.2In
2023-04-21 CALL at $30.00.92560.0146172023-04-2110.3 - 11.011.5In
2023-04-21 CALL at $35.00.78130.03521402023-04-216.0 - 6.76.21In
2023-04-21 CALL at $40.00.54350.05353332023-04-212.65 - 3.13.0In
2023-04-21 CALL at $45.00.24950.05156602023-04-210.8 - 1.00.85Out
2023-04-21 CALL at $50.00.08490.02531162023-04-210.15 - 0.30.25Out
2023-04-21 PUT at $30.0-0.08920.01641082023-04-210.35 - 0.550.49Out
2023-04-21 PUT at $35.0-0.21820.034121072023-04-211.05 - 1.351.2Out
2023-04-21 PUT at $40.0-0.44140.0509912023-04-212.6 - 3.12.6Out
2023-04-21 PUT at $45.0-0.71870.0498362023-04-215.2 - 6.16.5In
2023-04-21 PUT at $50.0-0.85490.0288312023-04-219.6 - 10.514.5In
2023-04-21 PUT at $55.0-0.87890.019802023-04-2114.5 - 15.50.0In
2023-04-21 PUT at $60.0-0.88820.0155322023-04-2119.6 - 20.427.7In
2023-04-21 PUT at $65.0-0.91590.01161112023-04-2124.3 - 25.431.78In

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 AllianceBernstein 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, AllianceBernstein's short interest history, or implied volatility extrapolated from AllianceBernstein options trading.

Pair Trading with AllianceBernstein

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

Moving together with AllianceBernstein

+0.69BGCPBGC Partners Aggressive PushPairCorr
+0.7BLKBlackRock Fiscal Year End 13th of January 2023 PairCorr
+0.89CCitigroup Fiscal Year End 13th of January 2023 PairCorr
The ability to find closely correlated positions to AllianceBernstein could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AllianceBernstein 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 AllianceBernstein - 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 AllianceBernstein Holding LP to buy it.
The correlation of AllianceBernstein 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 AllianceBernstein moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AllianceBernstein 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 AllianceBernstein 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 AllianceBernstein information on this page should be used as a complementary analysis to other AllianceBernstein'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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for AllianceBernstein Stock analysis

When running AllianceBernstein price analysis, check to measure AllianceBernstein'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 AllianceBernstein is operating at the current time. Most of AllianceBernstein's value examination focuses on studying past and present price action to predict the probability of AllianceBernstein's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move AllianceBernstein's price. Additionally, you may evaluate how the addition of AllianceBernstein to your portfolios can decrease your overall portfolio volatility.
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Bond Directory
Find actively traded corporate debentures issued by US companies
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Equity Valuation
Check real value of public entities based on technical and fundamental data
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Is AllianceBernstein'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 AllianceBernstein. If investors know AllianceBernstein 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 AllianceBernstein 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
4.1 B
Quarterly Revenue Growth YOY
Return On Assets
Return On Equity
The market value of AllianceBernstein is measured differently than its book value, which is the value of AllianceBernstein that is recorded on the company's balance sheet. Investors also form their own opinion of AllianceBernstein's value that differs from its market value or its book value, called intrinsic value, which is AllianceBernstein'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 AllianceBernstein's market value can be influenced by many factors that don't directly affect AllianceBernstein'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 AllianceBernstein's value and its price as these two are different measures arrived at by different means. Investors typically determine AllianceBernstein value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AllianceBernstein'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.