AEM221021C00025000 Option on Agnico-Eagle Mines


USD 49.46  0.43  0.86%   

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

In The Money vs. Out of Money Option Contracts on Agnico-Eagle Mines

Analyzing Agnico-Eagle Mines' in-the-money options over time can help investors to take a profitable long position in Agnico-Eagle Mines regardless of its overall volatility. This is especially true when Agnico-Eagle Mines' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Agnico-Eagle Mines' options could be used as guardians of the underlying stock as they move almost dollar for dollar with Agnico-Eagle Mines' stock while costing only a fraction of its price.
Agnico-Eagle Mines' latest option contracts expiring on 2022-12-16 are carrying combined implied volatility of 57.41 with a put-to-call open interest ratio of 0.33 over 24 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2022-12-16. The current put volume is at 1462, with calls trading at the volume of 3205. This yields a 0.46 put-to-call volume ratio. The Agnico-Eagle Mines option chain provides detailed quote and price information for the current Agnico-Eagle Mines option contracts. It shows all of Agnico-Eagle Mines' listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2022-12-16 Option Contracts

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

Agnico-Eagle Mines Maximum Pain Price across 2022-12-16 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 Agnico-Eagle Mines 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.
Agnico-Eagle Mines' stock options are financial instruments that give investors the right to buy or sell shares of Agnico-Eagle Mines common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Agnico-Eagle stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Agnico-Eagle Mines' stock price goes up or down, the stock options follow.
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Please note that buying 'in-the-money' options on Agnico-Eagle Mines lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Agnico-Eagle Mines' 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 Agnico-Eagle Mines 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 Agnico-Eagle Stock moves the wrong way.

Agnico-Eagle Mines In The Money Call Balance

When Agnico-Eagle Mines' strike price is surpassing the current stock price, the option contract against Agnico-Eagle Mines stock is said to be in the money. When it comes to buying Agnico-Eagle Mines' 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 Agnico-Eagle Mines 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.

Agnico-Eagle Current Options Market Mood

Agnico-Eagle Mines' 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 Agnico-Eagle 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 Agnico-Eagle Mines' calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Agnico-Eagle Mines' 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 Agnico-Eagle Mines' 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 Agnico-Eagle contract

Base on the Rule 16, the options market is currently suggesting that Agnico-Eagle Mines will have an average daily up or down price movement of about 3.59% per day over the life of the 2022-12-16 option contract. With Agnico-Eagle Mines trading at $49.46, that is roughly $1.77. If you think that the market is fully incorporating Agnico-Eagle Mines' daily price movement you should consider buying Agnico-Eagle Mines options at the current volatility level of 57.41%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Agnico-Eagle Mines Option Chain

When Agnico-Eagle Mines' strike price is surpassing the current stock price, the option contract against Agnico-Eagle Mines 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.
Agnico-Eagle Mines' option chain is a display of a range of information that helps investors for ways to trade options on Agnico-Eagle. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Agnico-Eagle. It also shows strike prices and maturity days for a Agnico-Eagle Mines 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
2022-12-16 CALL at $20.00.98610.0015132022-12-1629.8 - 30.130.0In
2022-12-16 CALL at $22.50.99646.0E-402022-12-1627.1 - 27.70.0In
2022-12-16 CALL at $25.00.99618.0E-472022-12-1624.7 - 25.122.93In
2022-12-16 CALL at $30.00.97770.0039812022-12-1619.8 - 20.120.0In
2022-12-16 CALL at $35.00.95550.0084602022-12-1614.7 - 15.114.8In
2022-12-16 CALL at $40.00.95920.01324522022-12-169.8 - 10.09.8In
2022-12-16 CALL at $45.00.93230.036737692022-12-164.9 - 5.15.0In
2022-12-16 CALL at $50.00.50680.0952118062022-12-161.55 - 1.71.62Out
2022-12-16 CALL at $55.00.15360.05267882022-12-160.25 - 0.350.35Out
2022-12-16 CALL at $60.00.02850.013835662022-12-160.0 - 0.10.05Out
2022-12-16 CALL at $65.00.02210.008315602022-12-160.0 - 0.10.05Out
2022-12-16 PUT at $35.0-0.01050.003532052022-12-160.0 - 0.050.03Out
2022-12-16 PUT at $40.0-0.03720.012622832022-12-160.05 - 0.10.1Out
2022-12-16 PUT at $45.0-0.14490.044414632022-12-160.35 - 0.450.4Out
2022-12-16 PUT at $50.0-0.4880.081510022022-12-161.9 - 2.152.0In
2022-12-16 PUT at $55.0-0.79410.05151612022-12-165.6 - 5.95.7In
2022-12-16 PUT at $60.0-0.89880.0258752022-12-1610.3 - 10.610.4In
2022-12-16 PUT at $65.0-0.89280.01871762022-12-1615.4 - 15.717.2In
2022-12-16 PUT at $70.0-0.91280.013812022-12-1620.3 - 20.70.0In

Agnico-Eagle Mines Investors Sentiment

The influence of Agnico-Eagle Mines' 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 Agnico-Eagle. 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 Agnico-Eagle Mines' public news can be used to forecast risks associated with investment in Agnico-Eagle. The trend in average sentiment can be used to explain how an investor holding Agnico-Eagle can time the market purely based on public headlines and social activities around Agnico-Eagle Mines. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Agnico-Eagle Mines' 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 Agnico-Eagle Mines' 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 Agnico-Eagle Mines' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Agnico-Eagle Mines.
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 Agnico-Eagle Mines 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, Agnico-Eagle Mines' short interest history, or implied volatility extrapolated from Agnico-Eagle Mines options trading.

Pair Trading with Agnico-Eagle Mines

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 Agnico-Eagle Mines 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 Agnico-Eagle Mines will appreciate offsetting losses from the drop in the long position's value.

Moving together with Agnico-Eagle Mines

+0.61ZIJMFZijin Mining Gp Buyout TrendPairCorr
+0.76GOLDBarrick Gold Corp Potential GrowthPairCorr
+0.89GFIGold Fields Potential GrowthPairCorr
+0.79JPMJP Morgan Chase Fiscal Year End 13th of January 2023 PairCorr
The ability to find closely correlated positions to Agnico-Eagle Mines could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Agnico-Eagle Mines 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 Agnico-Eagle Mines - 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 Agnico-Eagle Mines to buy it.
The correlation of Agnico-Eagle Mines 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 Agnico-Eagle Mines moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Agnico-Eagle Mines 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 Agnico-Eagle Mines 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 Agnico-Eagle Mines information on this page should be used as a complementary analysis to other Agnico-Eagle Mines' 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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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