FENC241220P00005000 Option on Fennec Pharmaceuticals
| FENC Stock | USD 6.06 0.05 0.83% |
Fennec Pharmaceuticals' latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 2.06 with a put-to-call open interest ratio of 3.0 over 2 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on 2024-12-20.
Fennec Pharmaceuticals' option chain provides insight into all available option contracts written on Fennec Pharmaceuticals' stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Fennec Pharmaceuticals' 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 Fennec option contract.
In The Money vs. Out of Money Option Contracts on Fennec Pharmaceuticals
Analyzing Fennec Pharmaceuticals' in-the-money options over time can help investors to take a profitable long position in Fennec Pharmaceuticals regardless of its overall volatility. This is especially true when Fennec Pharmaceuticals' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Fennec Pharmaceuticals' options could be used as guardians of the underlying stock as they move almost dollar for dollar with Fennec Pharmaceuticals' stock while costing only a fraction of its price.
Fennec Pharmaceuticals' stock options are financial instruments that give investors the right to buy or sell shares of Fennec Pharmaceuticals common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Fennec stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Fennec Pharmaceuticals' stock price goes up or down, the stock options follow.
At present, Fennec Pharmaceuticals' Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Stock Based Compensation is expected to grow to about 5.6 M, whereas Total Stockholder Equity is projected to grow to (11 M). Fennec Current Options Market Mood
Fennec Pharmaceuticals' 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 Fennec 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 Fennec Pharmaceuticals' options investors are not very successful. Fennec Pharmaceuticals' 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 Fennec contract
Base on the Rule 16, the options market is currently suggesting that Fennec Pharmaceuticals will have an average daily up or down price movement of about 0.13% per day over the life of the 2024-12-20 option contract. With Fennec Pharmaceuticals trading at USD 6.06, that is roughly USD 0.007802. If you think that the market is fully incorporating Fennec Pharmaceuticals' daily price movement you should consider buying Fennec Pharmaceuticals options at the current volatility level of 2.06%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Fennec |
Purchasing Fennec Pharmaceuticals 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" Fennec calls. Remember, the seller must deliver Fennec Pharmaceuticals stock to the call owner when a call is exercised.
Fennec Pharmaceuticals Option Chain
When Fennec Pharmaceuticals' strike price is surpassing the current stock price, the option contract against Fennec Pharmaceuticals 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.
Fennec Pharmaceuticals' option chain is a display of a range of information that helps investors for ways to trade options on Fennec. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Fennec. It also shows strike prices and maturity days for a Fennec Pharmaceuticals 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 | FENC Option Call 20-12-2024 5 | 1 | 2024-12-20 | 0.0 - 2.8 | 0.75 | In |
Put | FENC Option Put 20-12-2024 5 | 3 | 2024-12-20 | 0.0 - 1.7 | 1.05 | Out |
Fennec Pharmaceuticals Market Cap Over Time
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| Timeline |
Fennec Total Stockholder Equity
Total Stockholder Equity |
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Fennec Pharmaceuticals Corporate Management
| Mark Meier | VP Commercial | Profile | |
| Christiana MBA | Chief Officer | Profile | |
| Mark Gowland | Controller | Profile | |
| Terry Evans | Chief Officer | Profile | |
| Robert Andrade | Chief Officer | Profile | |
| Dr MS | Chief Officer | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fennec Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Fennec Stock refer to our How to Trade Fennec Stock guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Biotechnology 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 Fennec Pharmaceuticals. If investors know Fennec 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 Fennec Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.04) | Revenue Per Share 1.814 | Quarterly Revenue Growth 0.07 | Return On Assets 0.027 | Return On Equity (10.06) |
The market value of Fennec Pharmaceuticals is measured differently than its book value, which is the value of Fennec that is recorded on the company's balance sheet. Investors also form their own opinion of Fennec Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is Fennec Pharmaceuticals' 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 Fennec Pharmaceuticals' market value can be influenced by many factors that don't directly affect Fennec Pharmaceuticals' 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 Fennec Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Fennec Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fennec Pharmaceuticals' 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.