Harmony Gold Stock Options

HMY Stock  USD 14.05  0.32  2.23%   
Harmony Gold's latest option contracts expiring on September 19th 2025 are carrying combined implied volatility of 0.85 with a put-to-call open interest ratio of 0.54 over 54 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on September 19th 2025. The total put volume is at 52.0, with calls trading at the volume of 136. This yields a 0.38 put-to-call volume ratio.

Open Interest Against September 19th 2025 Option Contracts

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

Harmony Gold Maximum Pain Price Across 2025-09-19 Option Contracts

Max pain occurs when Harmony Gold's market makers reach a net positive position across all Harmony Gold's options at a strike price where option holders stand to lose the most money. By contrast, Harmony Gold's 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 Harmony Gold

Analyzing Harmony Gold's in-the-money options over time can help investors to take a profitable long position in Harmony Gold regardless of its overall volatility. This is especially true when Harmony Gold's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Harmony Gold's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Harmony Gold's stock while costing only a fraction of its price.

Harmony Gold Mining In The Money Call Balance

When Harmony Gold's strike price is surpassing the current stock price, the option contract against Harmony Gold Mining stock is said to be in the money. When it comes to buying Harmony Gold'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' option contracts written on Harmony Gold Mining 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.

Harmony Current Options Market Mood

Harmony Gold'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 Harmony 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 Harmony Gold's options investors are not very successful. Harmony Gold'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.

Rule 16 of the current Harmony contract

Base on the Rule 16, the options market is currently suggesting that Harmony Gold Mining will have an average daily up or down price movement of about 0.0531% per day over the life of the 2025-09-19 option contract. With Harmony Gold trading at USD 14.05, that is roughly USD 0.007464. If you think that the market is fully incorporating Harmony Gold's daily price movement you should consider buying Harmony Gold Mining options at the current volatility level of 0.85%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing Harmony Gold 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" Harmony calls. Remember, the seller must deliver Harmony Gold Mining stock to the call owner when a call is exercised.

Harmony Gold Option Chain

When Harmony Gold's strike price is surpassing the current stock price, the option contract against Harmony Gold Mining 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.
Harmony Gold's option chain is a display of a range of information that helps investors for ways to trade options on Harmony. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Harmony. It also shows strike prices and maturity days for a Harmony Gold 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 IntStrike PriceCurrent SpreadLast Price
Call
HMY250919C00037000037.00.0 - 0.750.75Out
Call
HMY250919C00036000036.00.0 - 0.750.75Out
Call
HMY250919C00035000035.00.0 - 0.750.75Out
Call
HMY250919C00034000034.00.0 - 0.750.75Out
Call
HMY250919C00033000033.00.0 - 0.750.75Out
Call
HMY250919C00032000032.00.0 - 0.750.75Out
Call
HMY250919C00031000031.00.0 - 0.750.75Out
Call
HMY250919C00030000530.00.0 - 0.750.75Out
Call
HMY250919C00029000229.00.0 - 0.750.75Out
Call
HMY250919C00028000028.00.0 - 0.750.75Out
Call
HMY250919C00026000526.00.0 - 0.750.05Out
Call
HMY250919C000250007525.00.0 - 0.750.75Out
Call
HMY250919C0002400026924.00.0 - 0.30.3Out
Call
HMY250919C00023000123.00.0 - 0.250.25Out
Call
HMY250919C00022000322.00.0 - 0.450.45Out
Call
HMY250919C000210003521.00.0 - 0.80.15Out
Call
HMY250919C000200008620.00.0 - 0.450.21Out
Call
HMY250919C0001900021819.00.0 - 0.50.24Out
Call
HMY250919C0001800064318.00.0 - 0.650.28Out
Call
HMY250919C0001700042517.00.35 - 0.80.5Out
Call
HMY250919C0001600051916.00.6 - 0.90.75Out
Call
HMY250919C00015000130215.01.1 - 1.251.1Out
Call
HMY250919C0001400076114.01.15 - 1.91.35In
Call
HMY250919C0001300012613.02.2 - 2.42.26In
Call
HMY250919C0001200020912.02.9 - 3.62.43In
Call
HMY250919C0001100010311.03.8 - 4.33.87In
Call
HMY250919C000100009110.04.6 - 5.44.63In
Call
HMY250919C0000900079.04.4 - 7.16.25In
Call
HMY250919C0000800018.06.5 - 8.06.5In
Call
HMY250919C0000600016.07.7 - 10.37.7In
Call
HMY250919C0000500045.08.6 - 10.98.6In
 Put
HMY250919P00037000037.022.1 - 22.722.1In
 Put
HMY250919P00036000036.020.9 - 21.720.9In
 Put
HMY250919P00035000035.019.2 - 21.519.2In
 Put
HMY250919P00034000034.017.9 - 19.817.9In
 Put
HMY250919P00033000033.016.4 - 18.716.4In
 Put
HMY250919P00032000032.016.9 - 17.516.9In
 Put
HMY250919P00031000031.015.8 - 16.815.8In
 Put
HMY250919P00030000030.015.1 - 15.515.1In
 Put
HMY250919P00029000029.014.0 - 15.714.0In
 Put
HMY250919P00028000028.011.7 - 13.911.7In
 Put
HMY250919P00020000220.05.1 - 5.75.1In
 Put
HMY250919P000190001319.04.2 - 4.84.2In
 Put
HMY250919P0001800010118.03.2 - 3.73.2In
 Put
HMY250919P000170004417.02.6 - 3.12.92In
 Put
HMY250919P000160002816.01.75 - 2.32.1In
 Put
HMY250919P0001500017315.01.0 - 1.41.45In
 Put
HMY250919P00014000110614.00.0 - 1.30.94Out
 Put
HMY250919P0001300014413.00.0 - 2.40.57Out
 Put
HMY250919P000120006312.00.0 - 0.60.35Out
 Put
HMY250919P0001100023811.00.05 - 0.250.28Out
 Put
HMY250919P0001000041110.00.0 - 0.150.19Out
 Put
HMY250919P00009000309.00.0 - 0.750.75Out
 Put
HMY250919P000080002718.00.0 - 0.10.1Out

Harmony Total Stockholder Equity

Total Stockholder Equity

25.22 Billion

At this time, Harmony Gold's Total Stockholder Equity is fairly stable compared to the past year.

Harmony Gold Corporate Directors

BA EdExecutive DirectorProfile
Boipelo LekuboFinance Director, Executive DirectorProfile
Max SisuluNon-Executive Independent DirectorProfile
Joaquim ChissanoNon-Executive Independent DirectorProfile

Additional Tools for Harmony Stock Analysis

When running Harmony Gold's price analysis, check to measure Harmony Gold'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 Harmony Gold is operating at the current time. Most of Harmony Gold's value examination focuses on studying past and present price action to predict the probability of Harmony Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Harmony Gold's price. Additionally, you may evaluate how the addition of Harmony Gold to your portfolios can decrease your overall portfolio volatility.