Astra Space Stock Options

ASTR -  USA Stock  

USD 2.61  0.26  11.06%

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

In The Money vs. Out of Money Option Contracts on Astra Space

Analyzing Astra Space's in-the-money options over time can help investors to take a profitable long position in Astra Space regardless of its overall volatility. This is especially true when Astra Space's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Astra Space's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Astra Space's stock while costing only a fraction of its price.
Astra Space's latest option contracts expiring on 2022-06-17 are carrying combined implied volatility of 107.98 with a put-to-call open interest ratio of 1.15 over 6 outstanding agreements suggesting investors are buying more puts than calls on contracts expiring on 2022-06-17. The current put volume is at 25, with calls trading at the volume of 111. This yields a 0.23 put-to-call volume ratio. The Astra Space option chain provides detailed quote and price information for the current Astra Space option contracts. It shows all of Astra Space's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2022-06-17 Option Contracts

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

Astra Space Maximum Pain Price across 2022-06-17 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 Astra Space 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.
Astra Space's stock options are financial instruments that give investors the right to buy or sell shares of Astra Space common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Astra stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Astra Space's stock price goes up or down, the stock options follow.
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Please note that buying 'in-the-money' options on Astra Space lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Astra Space'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 Astra Space 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 Astra Stock moves the wrong way.
As of 05/26/2022, Net Income Common Stock is likely to drop to about (1.3 B)

Astra Current Options Market Mood

Astra Space'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 Astra 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 Astra Space'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. Astra Space'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 Astra Space'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 Astra contract

Base on the Rule 16, the options market is currently suggesting that Astra Space will have an average daily up or down price movement of about 6.75% per day over the life of the 2022-06-17 option contract. With Astra Space trading at $2.61, that is roughly $0.18. If you think that the market is fully incorporating Astra Space's daily price movement you should consider buying Astra Space options at the current volatility level of 107.98%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Astra Space Option Chain

When Astra Space's strike price is surpassing the current stock price, the option contract against Astra Space 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.
2022-06-172022-07-152022-08-192022-11-182023-01-202024-01-19
Astra Space's option chain is a display of a range of information that helps investors for ways to trade options on Astra. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Astra. It also shows strike prices and maturity days for a Astra Space 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
2022-06-17 CALL at $2.50.46690.60782752022-06-170.15 - 0.20.2Out
 Put
2022-06-17 PUT at $2.5-0.55770.713610962022-06-170.3 - 0.350.31In
 Put
2022-06-17 PUT at $5.0-0.89320.1552762022-06-172.55 - 2.852.54In
 Put
2022-06-17 PUT at $7.5-0.91310.0986242022-06-175.1 - 5.34.8In

Astra Space 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 Income Statement Impact.
 Net Income Common Stock 
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      Timeline 

Astra Space Net Income Common Stock USD Over Time

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

Astra Space Historical Liabilities

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

Astra Space Investors Sentiment

The influence of Astra Space'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 Astra. 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.

Astra Space Implied Volatility

    
  107.98  
Astra Space's implied volatility exposes the market's sentiment of Astra Space stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Astra Space'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 Astra Space stock will not fluctuate a lot when Astra Space'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 Astra Space 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, Astra Space's short interest history, or implied volatility extrapolated from Astra Space options trading.

Current Sentiment - ASTR

Astra Space Investor Sentiment

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Pair Trading with Astra Space

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

Astra Space Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Astra Space could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Astra Space 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 Astra Space - 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 Astra Space to buy it.
The correlation of Astra Space 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 Astra Space moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Astra Space 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 Astra Space 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 Astra Space information on this page should be used as a complementary analysis to other Astra Space'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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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When running Astra Space price analysis, check to measure Astra Space'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 Astra Space is operating at the current time. Most of Astra Space's value examination focuses on studying past and present price action to predict the probability of Astra Space's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Astra Space's price. Additionally, you may evaluate how the addition of Astra Space to your portfolios can decrease your overall portfolio volatility.
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Is Astra Space'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 Astra Space. If investors know Astra 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 Astra Space listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Astra Space is measured differently than its book value, which is the value of Astra that is recorded on the company's balance sheet. Investors also form their own opinion of Astra Space's value that differs from its market value or its book value, called intrinsic value, which is Astra Space'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 Astra Space's market value can be influenced by many factors that don't directly affect Astra Space'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 Astra Space's value and its price as these two are different measures arrived at by different means. Investors typically determine Astra Space value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astra Space'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.