Pro-Assurance Corp Stock Options

PRA
 Stock
  

USD 23.12  0.15  0.65%   

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

In The Money vs. Out of Money Option Contracts on Pro-Assurance Corp

Analyzing Pro-Assurance Corp's in-the-money options over time can help investors to take a profitable long position in Pro-Assurance Corp regardless of its overall volatility. This is especially true when Pro-Assurance Corp's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Pro-Assurance Corp's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Pro-Assurance Corp's stock while costing only a fraction of its price.
Pro-Assurance Corp's latest option contracts expiring on 2022-08-19 are carrying combined implied volatility of 25.22 with a put-to-call open interest ratio of 1.42 over 16 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on 2022-08-19. The current put volume is at 57, with calls trading at the volume of 10. This yields a 5.7 put-to-call volume ratio. The Pro-Assurance Corp option chain provides detailed quote and price information for the current Pro-Assurance Corp option contracts. It shows all of Pro-Assurance Corp's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2022-08-19 Option Contracts

Pro-Assurance Corp 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 Pro-Assurance Corp's lending market. For example, when Pro-Assurance Corp'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 Pro-Assurance Corp, he or she must hedge the risk by shorting Pro-Assurance Corp stock over its option's life.
The chart above shows Pro-Assurance Corp'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. Pro-Assurance Corp's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Pro-Assurance Corp's option, there is no secondary market available for investors to trade.
Pro-Assurance Corp's stock options are financial instruments that give investors the right to buy or sell shares of Pro-Assurance Corp common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Pro-Assurance stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Pro-Assurance Corp's stock price goes up or down, the stock options follow.
Please check Your Equity Center.
Please note that buying 'in-the-money' options on Pro-Assurance Corp lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Pro-Assurance Corp'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 Pro-Assurance Corp 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 Pro-Assurance Stock moves the wrong way.
The current year Net Income Common Stock is expected to grow to about 140.2 M

Pro-Assurance Current Options Market Mood

Pro-Assurance Corp'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 Pro-Assurance 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 Pro-Assurance Corp'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. Pro-Assurance Corp'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 Pro-Assurance Corp'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 Pro-Assurance contract

Base on the Rule 16, the options market is currently suggesting that Pro-Assurance Corp will have an average daily up or down price movement of about 1.58% per day over the life of the 2022-08-19 option contract. With Pro-Assurance Corp trading at $23.12, that is roughly $0.36. If you think that the market is fully incorporating Pro-Assurance Corp's daily price movement you should consider buying Pro-Assurance Corp options at the current volatility level of 25.22%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Pro-Assurance Corp Option Chain

When Pro-Assurance Corp's strike price is surpassing the current stock price, the option contract against Pro-Assurance Corp 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.
2022-08-192022-09-162022-10-212022-11-182023-02-17
Pro-Assurance Corp's option chain is a display of a range of information that helps investors for ways to trade options on Pro-Assurance. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Pro-Assurance. It also shows strike prices and maturity days for a Pro-Assurance Corp 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
2022-08-19 CALL at $12.50.940.011302022-08-198.8 - 12.80.0In
Call
2022-08-19 CALL at $15.00.92050.018702022-08-196.3 - 10.30.0In
Call
2022-08-19 CALL at $17.50.8910.033202022-08-193.8 - 7.80.0In
Call
2022-08-19 CALL at $20.00.78150.062512022-08-191.85 - 5.42.2In
Call
2022-08-19 CALL at $22.50.59480.1496172022-08-190.25 - 2.30.8In
 Put
2022-08-19 PUT at $25.0-0.7510.1199222022-08-191.05 - 2.42.2In
 Put
2022-08-19 PUT at $30.0-0.92710.034802022-08-195.6 - 8.70.0In
 Put
2022-08-19 PUT at $35.0-0.94470.019802022-08-1910.6 - 13.70.0In

Pro-Assurance Corp 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  

Pro-Assurance Corp Historical Liabilities

While analyzing the current debt level is an essential aspect of forecasting the current year budgeting needs of Pro-Assurance Corp, understanding its historical liability is critical in projecting Pro-Assurance Corp'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 Pro-Assurance Corp 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 Pro-Assurance Corp 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.

Did you try this?

Run Fundamentals Comparison Now

   

Fundamentals Comparison

Compare fundamentals across multiple equities to find investing opportunities
All  Next Launch Module

Currently Active Assets on Macroaxis

Please check Your Equity Center. Note that the Pro-Assurance Corp information on this page should be used as a complementary analysis to other Pro-Assurance Corp'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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Complementary Tools for Pro-Assurance Stock analysis

When running Pro-Assurance Corp price analysis, check to measure Pro-Assurance Corp'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 Pro-Assurance Corp is operating at the current time. Most of Pro-Assurance Corp's value examination focuses on studying past and present price action to predict the probability of Pro-Assurance Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Pro-Assurance Corp's price. Additionally, you may evaluate how the addition of Pro-Assurance Corp to your portfolios can decrease your overall portfolio volatility.
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Go
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Money Managers
Screen money managers from public funds and ETFs managed around the world
Go
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Is Pro-Assurance Corp'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 Pro-Assurance Corp. If investors know Pro-Assurance 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 Pro-Assurance Corp 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
1.24
Market Capitalization
1.2 B
Quarterly Revenue Growth YOY
-0.092
Return On Assets
0.0072
Return On Equity
0.0302
The market value of Pro-Assurance Corp is measured differently than its book value, which is the value of Pro-Assurance that is recorded on the company's balance sheet. Investors also form their own opinion of Pro-Assurance Corp's value that differs from its market value or its book value, called intrinsic value, which is Pro-Assurance Corp'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 Pro-Assurance Corp's market value can be influenced by many factors that don't directly affect Pro-Assurance Corp'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 Pro-Assurance Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Pro-Assurance Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pro-Assurance Corp'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.