Under Armour Stock Options

UA -  USA Stock  

USD 8.39  0.18  2.19%

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

In The Money vs. Out of Money Option Contracts on Under Armour

Analyzing Under Armour's in-the-money options over time can help investors to take a profitable long position in Under Armour regardless of its overall volatility. This is especially true when Under Armour's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Under Armour's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Under Armour's stock while costing only a fraction of its price.
Under Armour's latest option contracts expiring on 2022-06-24 are carrying combined implied volatility of 354.95 with a put-to-call open interest ratio of 0.45 over 64 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on 2022-06-24. The current put volume is at 21, with calls trading at the volume of 177. This yields a 0.12 put-to-call volume ratio. The Under Armour option chain provides detailed quote and price information for the current Under Armour option contracts. It shows all of Under Armour's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2022-06-24 Option Contracts

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

Under Armour 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 Under Armour 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.
Under Armour's stock options are financial instruments that give investors the right to buy or sell shares of Under Armour common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Under stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Under Armour's stock price goes up or down, the stock options follow.
Also, please take a look at World Market Map.
Please note that buying 'in-the-money' options on Under Armour lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Under Armour'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 Under Armour 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 Under Stock moves the wrong way.

Under Armour In The Money Call Balance

When Under Armour's strike price is surpassing the current stock price, the option contract against Under Armour stock is said to be in the money. When it comes to buying Under Armour'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' options written on Under Armour 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.

Under Current Options Market Mood

Under Armour'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 Under 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 Under Armour'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. Under Armour'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 Under Armour'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 Under contract

Base on the Rule 16, the options market is currently suggesting that Under Armour will have an average daily up or down price movement of about 22.18% per day over the life of the 2022-06-24 option contract. With Under Armour trading at $8.39, that is roughly $1.86. If you think that the market is fully incorporating Under Armour's daily price movement you should consider buying Under Armour options at the current volatility level of 354.95%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Under Armour Option Chain

When Under Armour's strike price is surpassing the current stock price, the option contract against Under Armour 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.
Under Armour's option chain is a display of a range of information that helps investors for ways to trade options on Under. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Under. It also shows strike prices and maturity days for a Under Armour 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
2022-06-24 CALL at $4.50.89390.031602022-06-243.4 - 4.30.0In
2022-06-24 CALL at $5.00.87720.0403182022-06-242.6 - 3.83.3In
2022-06-24 CALL at $5.50.83890.046802022-06-242.25 - 3.50.0In
2022-06-24 CALL at $6.00.81370.059302022-06-241.75 - 3.00.0In
2022-06-24 CALL at $6.50.90620.094812022-06-241.45 - 2.52.4In
2022-06-24 CALL at $7.00.88280.1433622022-06-241.0 - 1.951.7In
2022-06-24 CALL at $7.50.87010.241402022-06-240.45 - 1.450.0In
2022-06-24 CALL at $8.00.79510.56442162022-06-240.3 - 0.450.33In
2022-06-24 CALL at $8.50.27511.86341562022-06-240.0 - 0.050.03Out
2022-06-24 CALL at $9.00.12460.4124752022-06-240.0 - 0.050.03Out
2022-06-24 PUT at $8.5-0.580.8256292022-06-240.05 - 0.250.05In
2022-06-24 PUT at $9.0-0.85260.4231492022-06-240.55 - 0.750.81In
2022-06-24 PUT at $9.5-0.80410.24542022-06-240.75 - 1.71.3In
2022-06-24 PUT at $10.0-0.83330.178392022-06-241.45 - 2.01.77In
2022-06-24 PUT at $10.5-0.92390.114602022-06-241.7 - 2.60.0In
2022-06-24 PUT at $11.0-0.90620.104202022-06-242.05 - 3.30.0In
2022-06-24 PUT at $11.5-0.89360.094502022-06-242.7 - 3.70.0In
2022-06-24 PUT at $12.0-0.70240.088302022-06-242.9 - 4.20.0In
2022-06-24 PUT at $12.5-0.90630.072802022-06-243.7 - 4.70.0In
2022-06-24 PUT at $13.0-0.88080.072702022-06-244.2 - 5.30.0In
2022-06-24 PUT at $13.5-0.9150.059602022-06-244.5 - 5.90.0In
2022-06-24 PUT at $14.0-0.9540.04102022-06-245.1 - 6.21.4In
2022-06-24 PUT at $14.5-0.92130.050802022-06-245.6 - 6.80.0In
2022-06-24 PUT at $15.0-0.95750.034902022-06-246.1 - 7.20.0In
2022-06-24 PUT at $15.5-0.7260.060202022-06-246.3 - 7.80.0In
2022-06-24 PUT at $16.0-0.90210.048102022-06-247.2 - 8.30.0In
2022-06-24 PUT at $17.0-0.86510.049902022-06-248.3 - 9.40.0In
2022-06-24 PUT at $18.0-0.93440.034502022-06-249.0 - 10.49.14In
2022-06-24 PUT at $19.0-0.93680.031802022-06-2410.2 - 11.20.0In
2022-06-24 PUT at $20.0-0.91580.034802022-06-2411.1 - 12.40.0In
2022-06-24 PUT at $21.0-0.91810.032802022-06-2412.2 - 13.30.0In
2022-06-24 PUT at $22.0-0.92010.03102022-06-2413.2 - 14.30.0In
2022-06-24 PUT at $23.0-0.94360.024902022-06-2414.2 - 15.20.0In
2022-06-24 PUT at $25.0-0.97090.015602022-06-2416.1 - 17.20.0In

Under Armour Investors Sentiment

The influence of Under Armour'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 Under. 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.

Under Armour Implied Volatility

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

Current Sentiment - UA

Under Armour Investor Sentiment

Nearly all of Macroaxis users are at this time bullish on Under Armour. What is your outlook on investing in Under Armour? Are you bullish or bearish?
98% Bullish
2% Bearish

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Also, please take a look at World Market Map. Note that the Under Armour information on this page should be used as a complementary analysis to other Under Armour'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 Stock Screener module to find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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