Delek Logistics Stock Options
| DKL Stock | USD 40.34 0.30 0.75% |
Delek Logistics' latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 0.53 with a put-to-call open interest ratio of 0.16 over 5 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2024-12-20. The total put volume is at 1.0, with calls trading at the volume of 1.0. This yields a 0.25 put-to-call volume ratio.
Open Interest Against 2024-12-20 Option Contracts
2024-12-20
The chart above shows Delek Logistics' 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. Delek Logistics' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Delek Logistics' option, there is no secondary market available for investors to trade.
Delek Logistics' option chain provides insight into all available option contracts written on Delek Logistics' stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Delek Logistics' 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 Delek option contract.
In The Money vs. Out of Money Option Contracts on Delek Logistics
Analyzing Delek Logistics' in-the-money options over time can help investors to take a profitable long position in Delek Logistics regardless of its overall volatility. This is especially true when Delek Logistics' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Delek Logistics' options could be used as guardians of the underlying stock as they move almost dollar for dollar with Delek Logistics' stock while costing only a fraction of its price.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delek Logistics Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
Delek Logistics Partners In The Money Call Balance
When Delek Logistics' strike price is surpassing the current stock price, the option contract against Delek Logistics Partners stock is said to be in the money. When it comes to buying Delek Logistics' 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 Delek Logistics Partners 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.
Delek Current Options Market Mood
Delek Logistics' 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 Delek 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 Delek Logistics' calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Delek Logistics' 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 Delek contract
Base on the Rule 16, the options market is currently suggesting that Delek Logistics Partners will have an average daily up or down price movement of about 0.0331% per day over the life of the 2024-12-20 option contract. With Delek Logistics trading at USD 40.34, that is roughly USD 0.0134. If you think that the market is fully incorporating Delek Logistics' daily price movement you should consider buying Delek Logistics Partners options at the current volatility level of 0.53%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Delek |
Purchasing Delek Logistics 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" Delek calls. Remember, the seller must deliver Delek Logistics Partners stock to the call owner when a call is exercised.
Delek Logistics Option Chain
When Delek Logistics' strike price is surpassing the current stock price, the option contract against Delek Logistics Partners 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.
Delek Logistics' option chain is a display of a range of information that helps investors for ways to trade options on Delek. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Delek. It also shows strike prices and maturity days for a Delek Logistics 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 | DKL Option Call 20-12-2024 35 | 0 | 2024-12-20 | 2.0 - 6.9 | 4.4 | In |
Call | DKL Option Call 20-12-2024 40 | 262 | 2024-12-20 | 0.45 - 0.85 | 1.0 | Out |
Call | DKL Option Call 20-12-2024 45 | 6 | 2024-12-20 | 0.0 - 0.25 | 0.05 | Out |
Put | DKL Option Put 20-12-2024 35 | 11 | 2024-12-20 | 0.0 - 0.7 | 0.22 | Out |
Put | DKL Option Put 20-12-2024 40 | 32 | 2024-12-20 | 0.0 - 1.0 | 1.37 | In |
Delek Logistics Market Cap Over Time
Market Cap |
| Timeline |
Delek Total Stockholder Equity
Total Stockholder Equity |
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Delek Logistics Corporate Directors
| Sherri Brillon | Independent Director of the General Partner | Profile | |
| Gennifer Kelly | Independent Director of the General Partner | Profile | |
| Eric Gadd | Independent Director of the General Partner | Profile | |
| Ronald Haddock | Lead Independent Director of the General Partner | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Delek Logistics Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Oil & Gas Storage & Transportation 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 Delek Logistics. If investors know Delek 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 Delek Logistics 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 (0.11) | Dividend Share 4.315 | Earnings Share 2.82 | Revenue Per Share 21.606 | Quarterly Revenue Growth (0.22) |
The market value of Delek Logistics Partners is measured differently than its book value, which is the value of Delek that is recorded on the company's balance sheet. Investors also form their own opinion of Delek Logistics' value that differs from its market value or its book value, called intrinsic value, which is Delek Logistics' 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 Delek Logistics' market value can be influenced by many factors that don't directly affect Delek Logistics' 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 Delek Logistics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Delek Logistics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Delek Logistics' 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.