Genco Shipping Stock Options
| GNK Stock | USD 14.29 0.09 0.63% |
Genco Shipping's latest option contracts expiring on March 21st 2025 are carrying combined implied volatility of 1.89. The total put volume is at 3.0. The Genco Shipping option chain provides detailed quote and price information for the current Genco Shipping Trading option contracts. It shows all of Genco Shipping's listed puts, calls, expiration dates, strike prices, and other pricing information.
In The Money vs. Out of Money Option Contracts on Genco Shipping
Analyzing Genco Shipping's in-the-money options over time can help investors to take a profitable long position in Genco Shipping regardless of its overall volatility. This is especially true when Genco Shipping's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Genco Shipping's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Genco Shipping's stock while costing only a fraction of its price.
Genco Shipping Trading In The Money Call Balance
When Genco Shipping's strike price is surpassing the current stock price, the option contract against Genco Shipping Trading stock is said to be in the money. When it comes to buying Genco Shipping'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 Genco Shipping Trading 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.
Genco Current Options Market Mood
Genco Shipping'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 Genco 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 Volume
Unfortunately, most Genco Shipping's options investors are not very successful. Genco Shipping'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 Genco contract
Base on the Rule 16, the options market is currently suggesting that Genco Shipping Trading will have an average daily up or down price movement of about 0.12% per day over the life of the 2025-03-21 option contract. With Genco Shipping trading at USD 14.29, that is roughly USD 0.0169. If you think that the market is fully incorporating Genco Shipping's daily price movement you should consider buying Genco Shipping Trading options at the current volatility level of 1.89%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
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Purchasing Genco Shipping 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" Genco calls. Remember, the seller must deliver Genco Shipping Trading stock to the call owner when a call is exercised.
Genco Shipping Option Chain
When Genco Shipping's strike price is surpassing the current stock price, the option contract against Genco Shipping Trading 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.
Genco Shipping's option chain is a display of a range of information that helps investors for ways to trade options on Genco. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Genco. It also shows strike prices and maturity days for a Genco Shipping 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 | GNK250321C00002500 | 0 | 2.5 | 9.7 - 13.8 | 9.7 | In |
Call | GNK250321C00005000 | 0 | 5.0 | 7.2 - 11.3 | 7.2 | In |
Call | GNK250321C00007500 | 0 | 7.5 | 6.3 - 9.0 | 6.3 | In |
Call | GNK250321C00010000 | 0 | 10.0 | 4.3 - 4.9 | 4.3 | In |
Call | GNK250321C00012500 | 0 | 12.5 | 1.7 - 3.1 | 1.7 | In |
Call | GNK250321C00015000 | 0 | 15.0 | 0.0 - 0.8 | 0.8 | |
Call | GNK250321C00017500 | 0 | 17.5 | 0.0 - 2.15 | 2.15 | |
Call | GNK250321C00020000 | 0 | 20.0 | 0.0 - 0.35 | 0.35 | |
Call | GNK250321C00022500 | 0 | 22.5 | 0.0 - 2.1 | 2.1 | |
Call | GNK250321C00025000 | 0 | 25.0 | 0.0 - 2.1 | 2.1 | |
Put | GNK250321P00002500 | 0 | 2.5 | 0.0 - 2.1 | 2.1 | |
Put | GNK250321P00005000 | 0 | 5.0 | 0.0 - 2.1 | 2.1 | |
Put | GNK250321P00007500 | 0 | 7.5 | 0.0 - 2.1 | 2.1 | |
Put | GNK250321P00010000 | 0 | 10.0 | 0.0 - 2.15 | 2.15 | |
Put | GNK250321P00012500 | 0 | 12.5 | 0.0 - 0.6 | 0.6 | |
Put | GNK250321P00015000 | 1 | 15.0 | 0.2 - 1.75 | 1.25 | In |
Put | GNK250321P00017500 | 0 | 17.5 | 1.1 - 5.9 | 1.1 | In |
Put | GNK250321P00020000 | 0 | 20.0 | 3.6 - 8.4 | 3.6 | In |
Put | GNK250321P00022500 | 0 | 22.5 | 6.2 - 10.9 | 6.2 | In |
Put | GNK250321P00025000 | 0 | 25.0 | 9.0 - 13.3 | 9.0 | In |
Genco Shipping Market Cap Over Time
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| Timeline |
Genco Total Stockholder Equity
Total Stockholder Equity |
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Genco Shipping Corporate Directors
| Christoph Majeske | Independent Director | Profile | |
| Jason Scheir | Independent Director | Profile | |
| Kevin Mahony | Director | Profile | |
| Basil Mavroleon | Independent Director | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genco Shipping Trading. 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. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Marine 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 Genco Shipping. If investors know Genco 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 Genco Shipping 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 1 | Dividend Share 1.57 | Earnings Share 1.58 | Revenue Per Share | Quarterly Revenue Growth 0.192 |
The market value of Genco Shipping Trading is measured differently than its book value, which is the value of Genco that is recorded on the company's balance sheet. Investors also form their own opinion of Genco Shipping's value that differs from its market value or its book value, called intrinsic value, which is Genco Shipping'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 Genco Shipping's market value can be influenced by many factors that don't directly affect Genco Shipping'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 Genco Shipping's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genco Shipping is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genco Shipping'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.