Clearway Energy Stock Options
| CWEN Stock | USD 28.08 0.08 0.28% |
Clearway Energy's latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 0.2 with a put-to-call open interest ratio of 0.17 over 7 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2024-12-20. The total put volume is at 41.0, with calls trading at the volume of 41.0. This yields a 0.69 put-to-call volume ratio.
Open Interest Against 2024-12-20 Option Contracts
2024-12-20
The chart above shows Clearway Energy'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. Clearway Energy's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Clearway Energy's option, there is no secondary market available for investors to trade.
In The Money vs. Out of Money Option Contracts on Clearway Energy
Analyzing Clearway Energy's in-the-money options over time can help investors to take a profitable long position in Clearway Energy regardless of its overall volatility. This is especially true when Clearway Energy's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Clearway Energy's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Clearway Energy's stock while costing only a fraction of its price.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearway Energy Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
Please note that buying 'in-the-money' options on Clearway Energy lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Clearway Energy'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 Clearway Energy 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 Clearway Stock moves the wrong way.
Clearway Energy Class In The Money Call Balance
When Clearway Energy's strike price is surpassing the current stock price, the option contract against Clearway Energy Class stock is said to be in the money. When it comes to buying Clearway Energy'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 Clearway Energy Class 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.
Clearway Current Options Market Mood
Clearway Energy'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 Clearway 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 Clearway Energy's options investors are not very successful. Clearway Energy'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 Clearway contract
Base on the Rule 16, the options market is currently suggesting that Clearway Energy Class will have an average daily up or down price movement of about 0.0125% per day over the life of the 2024-12-20 option contract. With Clearway Energy trading at USD 28.08, that is roughly USD 0.00351. If you think that the market is fully incorporating Clearway Energy's daily price movement you should consider buying Clearway Energy Class options at the current volatility level of 0.2%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Clearway |
Purchasing Clearway Energy 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" Clearway calls. Remember, the seller must deliver Clearway Energy Class stock to the call owner when a call is exercised.
Clearway Energy Option Chain
When Clearway Energy's strike price is surpassing the current stock price, the option contract against Clearway Energy Class 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.
Clearway Energy's option chain is a display of a range of information that helps investors for ways to trade options on Clearway. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Clearway. It also shows strike prices and maturity days for a Clearway Energy 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 | Expiration | Current Spread | Last Price | |||
Call | CWEN Option Call 20-12-2024 25 | 6 | 2024-12-20 | 0.0 - 0.0 | 4.4 | In |
Call | CWEN Option Call 20-12-2024 30 | 1129 | 2024-12-20 | 0.0 - 0.0 | 0.06 | Out |
Call | CWEN Option Call 20-12-2024 35 | 87 | 2024-12-20 | 0.0 - 0.0 | 0.1 | Out |
Put | CWEN Option Put 20-12-2024 15 | 8 | 2024-12-20 | 0.0 - 0.0 | 0.2 | Out |
Put | CWEN Option Put 20-12-2024 22 | 56 | 2024-12-20 | 0.0 - 0.0 | 0.2 | Out |
Put | CWEN Option Put 20-12-2024 25 | 126 | 2024-12-20 | 0.0 - 0.0 | 0.35 | Out |
Put | CWEN Option Put 20-12-2024 30 | 16 | 2024-12-20 | 0.0 - 0.0 | 1.05 | In |
Clearway Total Stockholder Equity
Total Stockholder Equity |
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Clearway Energy Corporate Directors
| Daniel More | Independent Director | Profile | |
| Bruce MacLennan | Independent Director | Profile | |
| Brian Ford | Lead Independent Director | Profile | |
| Ferrell McClean | Independent Director | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Clearway Energy Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Independent Power and Renewable Electricity Producers space 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 Clearway Energy. If investors know Clearway 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 Clearway Energy 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 7.924 | Dividend Share 1.627 | Earnings Share 1.03 | Revenue Per Share 11.584 | Quarterly Revenue Growth 0.31 |
The market value of Clearway Energy Class is measured differently than its book value, which is the value of Clearway that is recorded on the company's balance sheet. Investors also form their own opinion of Clearway Energy's value that differs from its market value or its book value, called intrinsic value, which is Clearway Energy'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 Clearway Energy's market value can be influenced by many factors that don't directly affect Clearway Energy'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 Clearway Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clearway Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clearway Energy'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.