DKL Option Call 16-05-2025 25 Option on Delek Logistics Partners
DKL Stock | USD 38.81 0.11 0.28% |
DKL Option Call 16-05-2025 25 is a CALL option contract on Delek Logistics' common stock with a strick price of 25.0 expiring on 2025-05-16. The contract was last traded on 2024-10-03 at 10:14:55 for $16.57 and, as of today, has 156 days remaining before the expiration. The option is currently trading at a bid price of $11.6, and an ask price of $16.5. The implied volatility as of the 11th of December 2024 is 156.0.
Delek |
Call options on Delek Logistics give the investor right to buy Delek Stock at a specified price within a specific period. If Delek Logistics' price is above the strike price at expiry, the profit is the current Delek Logistics' stock price, minus the strike price and the premium.
Rule 16 of 2025-05-16 Option Contract
The options market is anticipating that Delek Logistics Partners will have an average daily up or down price movement of about 0.0596% per day over the life of the option. With Delek Logistics trading at USD 38.81, that is roughly USD 0.0231. If you think that the market is fully understating Delek Logistics' daily price movement you should consider buying Delek Logistics Partners options at that current volatility level of 0.95%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Call Option on Delek Logistics
An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Delek Logistics positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Delek Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Call Contract Name | DKL Option Call 16-05-2025 25 |
Expires On | 2025-05-16 |
Days Before Expriration | 156 |
Last Traded On | 2024-10-03 10:14:55 |
Open Interest | 3 |
Strike Price | 25.0 |
Last Traded At | 16.57 |
Current Price Spread | 11.6 | 16.5 |
Rule 16 Daily Up or Down | USD 0.0231 |
Delek long CALL Option Payoff at expiration
Buying Delek Logistics' call option is the simplest of option trades. A call option on Delek Stock gives investors the right (but not the obligation) to purchase Delek Logistics at the given strike price. Therefore Delek Logistics' call intrinsic value or payoff at expiration depends on where the Delek Stock price is relative to the call option strike price. The strike price of 25.0 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and negative (the trade is a loss). Above the strike, the payoff line is upward sloping as the option payoff rises in proportion with Delek Logistics' price. Finally, at the break-even point of 25.0, the line crosses zero, and trading Delek becomes profitable.
Profit |
Delek Logistics Price At Expiration |
Delek short CALL Option Payoff at expiration
By selling Delek Logistics' call option, the investors signals his or her bearish sentiment. A short position in a call option written on Delek Logistics will generally make money when the underlying price goes down. Therefore Delek Logistics' call intrinsic value or payoff at expiration depends on where the Delek Stock price is relative to the call option strike price. The strike price of 25.0 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and positive (the seller makes a profit). Above the strike, the payoff line is downward sloping as the option payoff drops in proportion to Delek Logistics' price. Finally, at the break-even point of 25.0, the line crosses zero, and trading Delek becomes disadvantageous with no downside limits.
Profit |
Delek Logistics Price At Expiration |
Delek Logistics Partners Available Call Options
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 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.13 | |
Call | DKL Option Call 20-12-2024 45 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 |
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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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.