Academy Sports Stock Options

ASO -  USA Stock  

USD 38.63  1.91  5.20%

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

In The Money vs. Out of Money Option Contracts on Academy Sports

Analyzing Academy Sports' in-the-money options over time can help investors to take a profitable long position in Academy Sports regardless of its overall volatility. This is especially true when Academy Sports' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Academy Sports' options could be used as guardians of the underlying stock as they move almost dollar for dollar with Academy Sports' stock while costing only a fraction of its price.
Academy Sports' latest option contracts expiring on 2022-06-24 are carrying combined implied volatility of 111.03 with a put-to-call open interest ratio of 0.72 over 69 outstanding agreements suggesting investors are buying slightly more calls than puts on contracts expiring on 2022-06-24. The current put volume is at 651, with calls trading at the volume of 894. This yields a 0.73 put-to-call volume ratio. The Academy Sports option chain provides detailed quote and price information for the current Academy Sports And option contracts. It shows all of Academy Sports' listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2022-06-24 Option Contracts

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

Academy Sports Maximum Pain Price across 2022-06-24 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 Academy Sports 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.
Academy Sports' stock options are financial instruments that give investors the right to buy or sell shares of Academy Sports And common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Academy stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Academy Sports' stock price goes up or down, the stock options follow.
Please continue to Trending Equities.
Please note that buying 'in-the-money' options on Academy Sports lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Academy Sports' 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 Academy Sports 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 Academy Stock moves the wrong way.
The value of Net Income Common Stock is estimated to slide to about 515.9 M

Academy Sports And In The Money Call Balance

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

Academy Current Options Market Mood

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

Base on the Rule 16, the options market is currently suggesting that Academy Sports And will have an average daily up or down price movement of about 6.94% per day over the life of the 2022-06-24 option contract. With Academy Sports trading at $38.63, that is roughly $2.68. If you think that the market is fully incorporating Academy Sports' daily price movement you should consider buying Academy Sports And options at the current volatility level of 111.03%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Academy Sports Option Chain

When Academy Sports' strike price is surpassing the current stock price, the option contract against Academy Sports And 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.
2022-06-242022-07-012022-07-082022-07-152022-07-222022-07-292022-08-052022-08-192022-10-212022-11-182023-01-202023-06-162024-01-19
Academy Sports' option chain is a display of a range of information that helps investors for ways to trade options on Academy. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Academy. It also shows strike prices and maturity days for a Academy Sports 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
2022-06-24 CALL at $20.00.9988.0E-402022-06-2416.4 - 17.050.0In
Call
2022-06-24 CALL at $23.00.97360.006402022-06-2413.2 - 14.450.0In
Call
2022-06-24 CALL at $24.00.95880.009102022-06-2412.45 - 13.350.0In
Call
2022-06-24 CALL at $25.00.99710.001752022-06-2411.45 - 12.011.5In
Call
2022-06-24 CALL at $26.00.92920.014302022-06-2410.15 - 11.050.0In
Call
2022-06-24 CALL at $27.00.9230.016762022-06-249.35 - 10.052.7In
Call
2022-06-24 CALL at $28.00.95940.014602022-06-248.4 - 9.253.5In
Call
2022-06-24 CALL at $29.00.94170.0202022-06-247.35 - 8.40.0In
Call
2022-06-24 CALL at $30.00.99520.004810002022-06-246.4 - 7.056.1In
Call
2022-06-24 CALL at $31.00.90650.033632022-06-245.45 - 5.954.47In
Call
2022-06-24 CALL at $32.00.95710.0303142022-06-244.45 - 5.13.65In
Call
2022-06-24 CALL at $33.00.89140.0565432022-06-243.45 - 3.91.32In
Call
2022-06-24 CALL at $33.50.86380.0683722022-06-242.99 - 3.451.6In
Call
2022-06-24 CALL at $34.00.92810.069642022-06-242.27 - 3.32.17In
Call
2022-06-24 CALL at $35.00.88190.13061592022-06-241.56 - 2.061.7In
Call
2022-06-24 CALL at $35.50.79380.1834852022-06-241.07 - 1.740.92In
Call
2022-06-24 CALL at $36.00.71120.25272062022-06-240.87 - 1.10.97In
Call
2022-06-24 CALL at $36.50.59680.4058572022-06-240.5 - 0.740.5In
Call
2022-06-24 CALL at $37.00.41390.32732882022-06-240.29 - 0.410.35In
Call
2022-06-24 CALL at $37.50.25950.2777732022-06-240.14 - 0.220.18In
Call
2022-06-24 CALL at $38.00.13930.19382042022-06-240.01 - 0.210.08In
Call
2022-06-24 CALL at $38.50.15640.142452022-06-240.0 - 0.260.14In
Call
2022-06-24 CALL at $39.00.18350.1122982022-06-240.0 - 0.170.23Out
Call
2022-06-24 CALL at $40.00.11570.07642682022-06-240.0 - 0.270.14Out
Call
2022-06-24 CALL at $41.00.01540.0209902022-06-240.0 - 0.20.01Out
Call
2022-06-24 CALL at $42.00.01330.0155962022-06-240.0 - 0.350.01Out
Call
2022-06-24 CALL at $43.00.01170.01221012022-06-240.0 - 0.140.01Out
 Put
2022-06-24 PUT at $31.0-0.06920.0304182022-06-240.0 - 0.310.14Out
 Put
2022-06-24 PUT at $32.0-0.06840.03761452022-06-240.0 - 0.260.11Out
 Put
2022-06-24 PUT at $32.5-0.06050.0404112022-06-240.0 - 0.150.08Out
 Put
2022-06-24 PUT at $33.0-0.09390.0545232022-06-240.0 - 0.240.22Out
 Put
2022-06-24 PUT at $33.5-0.06740.05662702022-06-240.0 - 0.130.23Out
 Put
2022-06-24 PUT at $34.0-0.16330.0822902022-06-240.06 - 0.480.05Out
 Put
2022-06-24 PUT at $35.0-0.18480.1316342022-06-240.01 - 0.220.21Out
 Put
2022-06-24 PUT at $36.0-0.30940.2309592022-06-240.18 - 0.40.31Out
 Put
2022-06-24 PUT at $37.0-0.5860.32691352022-06-240.49 - 0.772.74Out
 Put
2022-06-24 PUT at $38.0-0.80260.1923522022-06-241.16 - 1.714.75Out
 Put
2022-06-24 PUT at $39.0-0.73850.1005362022-06-240.51 - 2.771.9In
 Put
2022-06-24 PUT at $40.0-0.81580.080192022-06-242.92 - 3.66.18In
 Put
2022-06-24 PUT at $41.0-0.92160.052602022-06-244.0 - 4.750.0In
 Put
2022-06-24 PUT at $42.0-0.85940.051412022-06-244.75 - 6.46.5In
 Put
2022-06-24 PUT at $43.0-0.97940.017802022-06-245.75 - 6.850.0In
 Put
2022-06-24 PUT at $44.0-0.98140.014602022-06-246.8 - 7.80.0In
 Put
2022-06-24 PUT at $45.0-0.98290.012302022-06-247.9 - 8.78.4In
 Put
2022-06-24 PUT at $46.0-0.93330.024602022-06-248.8 - 10.050.0In
 Put
2022-06-24 PUT at $47.0-0.91040.025502022-06-249.8 - 11.250.0In
 Put
2022-06-24 PUT at $48.0-0.89830.024702022-06-2410.85 - 11.60.0In
 Put
2022-06-24 PUT at $49.0-0.87130.024702022-06-2411.85 - 13.70.0In
 Put
2022-06-24 PUT at $50.0-0.97660.010102022-06-2412.8 - 13.850.0In
 Put
2022-06-24 PUT at $55.0-0.89550.017102022-06-2417.8 - 18.750.0In

Be your own money manager

Our tools can tell you how much better you can do entering a position in Academy Sports without increasing your portfolio risk or giving up 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 Academy Sports

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

Academy Sports Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Academy Sports could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Academy Sports 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 Academy Sports - 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 Academy Sports And to buy it.
The correlation of Academy Sports 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 Academy Sports moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Academy Sports And 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 Academy Sports 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 Academy Sports And information on this page should be used as a complementary analysis to other Academy Sports' 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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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Is Academy Sports' 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 Academy Sports. If investors know Academy 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 Academy Sports 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
-0.082
Market Capitalization
3.1 B
Quarterly Revenue Growth YOY
-0.071
Return On Assets
0.12
Return On Equity
0.45
The market value of Academy Sports And is measured differently than its book value, which is the value of Academy that is recorded on the company's balance sheet. Investors also form their own opinion of Academy Sports' value that differs from its market value or its book value, called intrinsic value, which is Academy Sports' 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 Academy Sports' market value can be influenced by many factors that don't directly affect Academy Sports' 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 Academy Sports' value and its price as these two are different measures arrived at by different means. Investors typically determine Academy Sports value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Academy Sports' 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.