AEM221021C00040000 Option on Agnico Eagle

AEM
 Stock
  

USD 51.77  0.40  0.77%   

Agnico Eagle's option chain provides insight into all available option contracts written on Agnico Eagle's 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'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 Agnico option contract. View S&P 500 options
  
Purchasing Agnico Eagle 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 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

Analyzing Agnico Eagle's in-the-money options over time can help investors to take a profitable long position in Agnico Eagle regardless of its overall volatility. This is especially true when Agnico Eagle's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Agnico Eagle's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Agnico Eagle's stock while costing only a fraction of its price.
Agnico Eagle's latest option contracts expiring on 2022-12-16 are carrying combined implied volatility of 54.75 with a put-to-call open interest ratio of 0.34 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 697, with calls trading at the volume of 2305. This yields a 0.3 put-to-call volume ratio. The Agnico Eagle option chain provides detailed quote and price information for the current Agnico Eagle Mines option contracts. It shows all of Agnico Eagle's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2022-12-16 Option Contracts

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

Agnico Eagle 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 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's 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 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's 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 lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Agnico Eagle'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 Agnico Eagle 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 Stock moves the wrong way.
Net Income Common Stock is expected to hike to about 585.9 M this year

Agnico Eagle Mines In The Money Call Balance

When Agnico Eagle's 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'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 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 Current Options Market Mood

Agnico Eagle'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 Agnico 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'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. Agnico Eagle'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 Agnico Eagle'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 Agnico 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 3.42% per day over the life of the 2022-12-16 option contract. With Agnico Eagle trading at USD51.77, that is roughly USD1.77. If you think that the market is fully incorporating Agnico Eagle's daily price movement you should consider buying Agnico Eagle Mines options at the current volatility level of 54.75%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Agnico Eagle Option Chain

When Agnico Eagle's 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.
2022-12-162023-01-202023-02-172023-05-192023-06-162024-01-192025-01-17
Agnico Eagle's option chain is a display of a range of information that helps investors for ways to trade options on Agnico. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Agnico. It also shows strike prices and maturity days for a Agnico Eagle 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
2022-12-16 CALL at $20.00.97970.001702022-12-1631.9 - 32.430.0In
Call
2022-12-16 CALL at $22.50.99399.0E-402022-12-1629.4 - 30.00.0In
Call
2022-12-16 CALL at $25.00.98710.001702022-12-1627.0 - 27.522.93In
Call
2022-12-16 CALL at $30.00.98380.0028362022-12-1622.0 - 22.520.0In
Call
2022-12-16 CALL at $35.00.97940.004662022-12-1617.0 - 17.514.8In
Call
2022-12-16 CALL at $40.00.95390.0111692022-12-1612.2 - 12.412.34In
Call
2022-12-16 CALL at $45.00.9170.026732642022-12-167.3 - 7.57.4In
Call
2022-12-16 CALL at $50.00.6990.0746116912022-12-163.0 - 3.23.11In
Call
2022-12-16 CALL at $55.00.27530.077570132022-12-160.65 - 0.70.7Out
Call
2022-12-16 CALL at $60.00.05480.02535682022-12-160.05 - 0.150.1Out
 Put
2022-12-16 PUT at $25.0-0.01130.00161182022-12-160.0 - 0.10.08Out
 Put
2022-12-16 PUT at $35.0-0.02580.005331992022-12-160.0 - 0.10.12Out
 Put
2022-12-16 PUT at $40.0-0.0190.006724522022-12-160.0 - 0.050.05Out
 Put
2022-12-16 PUT at $45.0-0.06060.023315252022-12-160.1 - 0.150.14Out
 Put
2022-12-16 PUT at $50.0-0.28210.081211192022-12-160.75 - 0.90.76Out
 Put
2022-12-16 PUT at $55.0-0.75360.08311702022-12-163.3 - 3.53.35In
 Put
2022-12-16 PUT at $60.0-0.9520.0234252022-12-167.7 - 8.17.9In
 Put
2022-12-16 PUT at $65.0-0.98340.007872022-12-1612.6 - 13.114.4In
 Put
2022-12-16 PUT at $70.0-0.98610.005212022-12-1617.6 - 18.10.0In

Agnico Eagle 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  

Agnico Eagle Mines Historical Liabilities

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Agnico Eagle 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 Agnico Eagle

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

Moving together with Agnico Eagle

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The ability to find closely correlated positions to Agnico Eagle 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 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 - 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 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 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 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'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 Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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Is Agnico Eagle'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 Agnico Eagle. If investors know Agnico 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 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
(0.64) 
Market Capitalization
23.1 B
Quarterly Revenue Growth YOY
0.47
Return On Assets
0.0515
Return On Equity
0.0497
The market value of Agnico Eagle Mines is measured differently than its book value, which is the value of Agnico that is recorded on the company's balance sheet. Investors also form their own opinion of Agnico Eagle's value that differs from its market value or its book value, called intrinsic value, which is Agnico Eagle'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 Agnico Eagle's market value can be influenced by many factors that don't directly affect Agnico Eagle'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 Agnico Eagle's value and its price as these two are different measures arrived at by different means. Investors typically determine Agnico Eagle value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agnico Eagle'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.