Clearway Energy Stock Options Expiring on 21st of February
| CWEN Stock | USD 26.35 0.11 0.42% |
Clearway Energy's latest option contracts expiring on February 21st 2025 are carrying combined implied volatility of 0.9 with a put-to-call open interest ratio of 0.64 over 18 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on February 21st 2025. The total put volume is at 6.0, with calls trading at the volume of 1.0. This yields a 6.0 put-to-call volume ratio.
Open Interest Against February 21st 2025 Option Contracts
2025-02-21
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.
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 0.0563% per day over the life of the 2025-02-21 option contract. With Clearway Energy trading at USD 26.35, that is roughly USD 0.0148. 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 0.9%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Clearway |
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 | Strike Price | Current Spread | Last Price | |||
Call | CWEN250221C00012500 | 0 | 12.5 | 12.9 - 16.3 | 12.9 | In |
Call | CWEN250221C00015000 | 0 | 15.0 | 11.1 - 12.6 | 11.1 | In |
Call | CWEN250221C00017500 | 0 | 17.5 | 8.5 - 9.5 | 8.5 | In |
Call | CWEN250221C00020000 | 0 | 20.0 | 6.0 - 7.3 | 6.0 | In |
Call | CWEN250221C00022500 | 5 | 22.5 | 3.8 - 4.8 | 6.0 | In |
Call | CWEN250221C00025000 | 63 | 25.0 | 1.75 - 1.9 | 1.8 | In |
Call | CWEN250221C00030000 | 975 | 30.0 | 0.0 - 0.3 | 0.1 | Out |
Call | CWEN250221C00035000 | 86 | 35.0 | 0.0 - 0.75 | 5.0 | Out |
Call | CWEN250221C00040000 | 4 | 40.0 | 0.0 - 0.35 | 0.4 | Out |
Put | CWEN250221P00012500 | 1 | 12.5 | 0.0 - 0.75 | 5.0 | Out |
Put | CWEN250221P00015000 | 0 | 15.0 | 0.0 - 0.75 | 0.75 | |
Put | CWEN250221P00017500 | 0 | 17.5 | 0.0 - 0.75 | 0.75 | |
Put | CWEN250221P00020000 | 2 | 20.0 | 0.0 - 0.5 | 0.2 | Out |
Put | CWEN250221P00022500 | 54 | 22.5 | 0.0 - 0.15 | 0.11 | Out |
Put | CWEN250221P00025000 | 614 | 25.0 | 0.3 - 0.45 | 0.43 | Out |
Put | CWEN250221P00030000 | 54 | 30.0 | 3.3 - 4.1 | 4.27 | In |
Put | CWEN250221P00035000 | 0 | 35.0 | 8.0 - 10.4 | 8.0 | In |
Put | CWEN250221P00040000 | 0 | 40.0 | 12.8 - 15.7 | 12.8 | In |
Clearway Total Stockholder Equity
Total Stockholder Equity |
|
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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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 | 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.