Spirit Aerosystems Stock Options
| SPR Stock | USD 39.50 0.36 0.92% |
Spirit Aerosystems' latest option contracts expiring on January 16th 2026 are carrying combined implied volatility of 0.87 with a put-to-call open interest ratio of 6.84 over 57 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on January 16th 2026.
Open Interest Against January 16th 2026 Option Contracts
2026-01-16
The chart above shows Spirit Aerosystems' 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. Spirit Aerosystems' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Spirit Aerosystems' option, there is no secondary market available for investors to trade.
Spirit Aerosystems Maximum Pain Price Across 2026-01-16 Option Contracts
Max pain occurs when Spirit Aerosystems' market makers reach a net positive position across all Spirit Aerosystems' options at a strike price where option holders stand to lose the most money. By contrast, Spirit Aerosystems' option sellers may reap the most after selling more options than buying, causing them to expire worthless.
In The Money vs. Out of Money Option Contracts on Spirit Aerosystems
Analyzing Spirit Aerosystems' in-the-money options over time can help investors to take a profitable long position in Spirit Aerosystems regardless of its overall volatility. This is especially true when Spirit Aerosystems' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Spirit Aerosystems' options could be used as guardians of the underlying stock as they move almost dollar for dollar with Spirit Aerosystems' stock while costing only a fraction of its price.
Spirit Aerosystems In The Money Call Balance
When Spirit Aerosystems' strike price is surpassing the current stock price, the option contract against Spirit Aerosystems Holdings stock is said to be in the money. When it comes to buying Spirit Aerosystems' 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 Spirit Aerosystems Holdings 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.
Spirit Current Options Market Mood
Spirit Aerosystems' 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 Spirit 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
Unfortunately, most Spirit Aerosystems' options investors are not very successful. Spirit Aerosystems' 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.
Rule 16 of the current Spirit contract
Base on the Rule 16, the options market is currently suggesting that Spirit Aerosystems Holdings will have an average daily up or down price movement of about 0.0544% per day over the life of the 2026-01-16 option contract. With Spirit Aerosystems trading at USD 39.5, that is roughly USD 0.0215. If you think that the market is fully incorporating Spirit Aerosystems' daily price movement you should consider buying Spirit Aerosystems Holdings options at the current volatility level of 0.87%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing Spirit Aerosystems 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" Spirit calls. Remember, the seller must deliver Spirit Aerosystems Holdings stock to the call owner when a call is exercised.
Spirit Aerosystems Option Chain
When Spirit Aerosystems' strike price is surpassing the current stock price, the option contract against Spirit Aerosystems Holdings 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.
Spirit Aerosystems' option chain is a display of a range of information that helps investors for ways to trade options on Spirit. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Spirit. It also shows strike prices and maturity days for a Spirit Aerosystems 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. | Open Int | Strike Price | Current Spread | Last Price | |||
Call | SPR260116C00050000 | 146 | 50.0 | 0.0 - 0.95 | 0.05 | Out |
Call | SPR260116C00049000 | 0 | 49.0 | 0.0 - 1.15 | 1.15 | |
Call | SPR260116C00048000 | 0 | 48.0 | 0.0 - 1.15 | 1.15 | |
Call | SPR260116C00047000 | 0 | 47.0 | 0.0 - 1.15 | 1.15 | |
Call | SPR260116C00046000 | 0 | 46.0 | 0.0 - 1.15 | 1.15 | |
Call | SPR260116C00045000 | 667 | 45.0 | 0.0 - 0.75 | 0.12 | Out |
Call | SPR260116C00044000 | 23 | 44.0 | 0.0 - 0.75 | 0.5 | Out |
Call | SPR260116C00043000 | 2 | 43.0 | 0.0 - 1.35 | 0.89 | Out |
Call | SPR260116C00042000 | 3 | 42.0 | 0.0 - 1.0 | 0.46 | Out |
Call | SPR260116C00041000 | 18 | 41.0 | 0.0 - 1.5 | 0.05 | Out |
Call | SPR260116C00040000 | 2364 | 40.0 | 0.45 - 1.5 | 1.3 | Out |
Call | SPR260116C00039000 | 19 | 39.0 | 0.05 - 4.0 | 0.65 | In |
Call | SPR260116C00038000 | 5 | 38.0 | 1.5 - 3.3 | 0.7 | In |
Call | SPR260116C00037000 | 737 | 37.0 | 2.55 - 3.8 | 3.1 | In |
Call | SPR260116C00036000 | 10 | 36.0 | 2.9 - 4.9 | 1.87 | In |
Call | SPR260116C00035000 | 194 | 35.0 | 2.9 - 6.7 | 4.0 | In |
Call | SPR260116C00032000 | 79 | 32.0 | 7.0 - 8.6 | 8.0 | In |
Call | SPR260116C00030000 | 540 | 30.0 | 9.3 - 10.1 | 13.4 | In |
Call | SPR260116C00027000 | 262 | 27.0 | 11.3 - 14.7 | 13.8 | In |
Call | SPR260116C00025000 | 63 | 25.0 | 13.0 - 16.6 | 19.28 | In |
Call | SPR260116C00022000 | 150 | 22.0 | 16.0 - 19.6 | 15.0 | In |
Call | SPR260116C00020000 | 41 | 20.0 | 17.9 - 21.6 | 18.46 | In |
Call | SPR260116C00017000 | 60 | 17.0 | 20.6 - 24.6 | 20.6 | In |
Call | SPR260116C00015000 | 92 | 15.0 | 22.6 - 26.6 | 22.6 | In |
Call | SPR260116C00013000 | 87 | 13.0 | 24.6 - 28.5 | 24.6 | In |
Call | SPR260116C00010000 | 32 | 10.0 | 27.6 - 31.6 | 33.0 | In |
Call | SPR260116C00005000 | 2 | 5.0 | 32.6 - 36.5 | 32.6 | In |
Call | SPR260116C00003000 | 115 | 3.0 | 34.6 - 38.5 | 34.6 | In |
Put | SPR260116P00050000 | 0 | 50.0 | 9.9 - 12.5 | 9.9 | In |
Put | SPR260116P00049000 | 0 | 49.0 | 8.9 - 11.5 | 8.9 | In |
Put | SPR260116P00048000 | 0 | 48.0 | 7.9 - 10.5 | 7.9 | In |
Put | SPR260116P00047000 | 0 | 47.0 | 6.9 - 9.5 | 6.9 | In |
Put | SPR260116P00046000 | 0 | 46.0 | 5.9 - 8.5 | 5.9 | In |
Put | SPR260116P00045000 | 0 | 45.0 | 4.8 - 7.5 | 4.8 | In |
Put | SPR260116P00044000 | 0 | 44.0 | 3.9 - 6.7 | 3.9 | In |
Put | SPR260116P00043000 | 0 | 43.0 | 2.8 - 5.7 | 2.8 | In |
Put | SPR260116P00042000 | 4 | 42.0 | 1.5 - 4.8 | 5.31 | In |
Put | SPR260116P00041000 | 0 | 41.0 | 0.1 - 4.3 | 2.97 | In |
Put | SPR260116P00040000 | 40 | 40.0 | 1.0 - 2.35 | 1.75 | In |
Put | SPR260116P00038000 | 22 | 38.0 | 0.2 - 1.75 | 1.1 | Out |
Put | SPR260116P00037000 | 214 | 37.0 | 0.0 - 0.95 | 0.85 | Out |
Put | SPR260116P00036000 | 13 | 36.0 | 0.0 - 1.0 | 0.68 | Out |
Put | SPR260116P00035000 | 822 | 35.0 | 0.0 - 1.0 | 0.4 | Out |
Put | SPR260116P00032000 | 18 | 32.0 | 0.0 - 1.15 | 0.55 | Out |
Put | SPR260116P00030000 | 9523 | 30.0 | 0.0 - 0.2 | 0.15 | Out |
Put | SPR260116P00029000 | 6 | 29.0 | 0.0 - 1.15 | 0.48 | Out |
Put | SPR260116P00028000 | 7 | 28.0 | 0.0 - 0.95 | 0.1 | Out |
Put | SPR260116P00027000 | 108 | 27.0 | 0.0 - 0.95 | 0.1 | Out |
Put | SPR260116P00025000 | 193 | 25.0 | 0.0 - 0.95 | 0.1 | Out |
Put | SPR260116P00023000 | 6 | 23.0 | 0.0 - 1.4 | 0.23 | Out |
Put | SPR260116P00022000 | 2057 | 22.0 | 0.0 - 2.15 | 0.05 | Out |
Put | SPR260116P00020000 | 537 | 20.0 | 0.0 - 0.25 | 0.05 | Out |
Put | SPR260116P00017000 | 75 | 17.0 | 0.0 - 0.15 | 0.04 | Out |
Put | SPR260116P00015000 | 270 | 15.0 | 0.0 - 0.3 | 0.2 | Out |
Put | SPR260116P00013000 | 272 | 13.0 | 0.0 - 0.15 | 0.05 | Out |
Put | SPR260116P00010000 | 20514 | 10.0 | 0.0 - 0.05 | 0.05 | Out |
Put | SPR260116P00008000 | 4340 | 8.0 | 0.0 - 0.4 | 0.4 | Out |
Spirit Total Stockholder Equity
Total Stockholder Equity |
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Spirit Aerosystems Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Spirit Aerosystems stock to make a market-neutral strategy. Peer analysis of Spirit Aerosystems could also be used in its relative valuation, which is a method of valuing Spirit Aerosystems by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Spirit Aerosystems Corporate Directors
| Laura Wright | Independent Director | Profile | |
| Stephen Cambone | Independent Director | Profile | |
| Richard Gephardt | Independent Director | Profile | |
| Charles Chadwell | Independent Director | Profile |
Additional Tools for Spirit Stock Analysis
When running Spirit Aerosystems' price analysis, check to measure Spirit Aerosystems' 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 Spirit Aerosystems is operating at the current time. Most of Spirit Aerosystems' value examination focuses on studying past and present price action to predict the probability of Spirit Aerosystems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spirit Aerosystems' price. Additionally, you may evaluate how the addition of Spirit Aerosystems to your portfolios can decrease your overall portfolio volatility.