STKL241220P00004000 Option on SunOpta
| STKL Stock | USD 7.89 0.04 0.51% |
SunOpta's latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 1.36 with a put-to-call open interest ratio of 0.05 over 16 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2024-12-20. The total put volume is at 114, with calls trading at the volume of 114. This yields a 0.28 put-to-call volume ratio.
Open Interest Against 2024-12-20 Option Contracts
2024-12-20
The chart above shows SunOpta'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. SunOpta's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for SunOpta's option, there is no secondary market available for investors to trade.
SunOpta Maximum Pain Price across 2024-12-20 Option Contracts
SunOpta's max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.
In The Money vs. Out of Money Option Contracts on SunOpta
Analyzing SunOpta's in-the-money options over time can help investors to take a profitable long position in SunOpta regardless of its overall volatility. This is especially true when SunOpta's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money SunOpta's options could be used as guardians of the underlying stock as they move almost dollar for dollar with SunOpta's stock while costing only a fraction of its price.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SunOpta. 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.
SunOpta In The Money Call Balance
When SunOpta's strike price is surpassing the current stock price, the option contract against SunOpta stock is said to be in the money. When it comes to buying SunOpta'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 SunOpta 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.
SunOpta Current Options Market Mood
SunOpta'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 SunOpta 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 SunOpta's options investors are not very successful. SunOpta'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 SunOpta contract
Base on the Rule 16, the options market is currently suggesting that SunOpta will have an average daily up or down price movement of about 0.085% per day over the life of the 2024-12-20 option contract. With SunOpta trading at USD 7.89, that is roughly USD 0.006707. If you think that the market is fully incorporating SunOpta's daily price movement you should consider buying SunOpta options at the current volatility level of 1.36%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
SunOpta |
Purchasing SunOpta 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" SunOpta calls. Remember, the seller must deliver SunOpta stock to the call owner when a call is exercised.
SunOpta Option Chain
When SunOpta's strike price is surpassing the current stock price, the option contract against SunOpta 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.
SunOpta's option chain is a display of a range of information that helps investors for ways to trade options on SunOpta. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for SunOpta. It also shows strike prices and maturity days for a SunOpta 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 | STKL Option Call 20-12-2024 1 | 1 | 2024-12-20 | 5.0 - 6.3 | 5.11 | In |
Call | STKL Option Call 20-12-2024 3 | 0 | 2024-12-20 | 3.4 - 4.4 | 3.99 | In |
Call | STKL Option Call 20-12-2024 4 | 0 | 2024-12-20 | 1.0 - 2.8 | 1.6 | In |
Call | STKL Option Call 20-12-2024 5 | 0 | 2024-12-20 | 0.0 - 0.0 | 2.6 | In |
Call | STKL Option Call 20-12-2024 6 | 0 | 2024-12-20 | 0.0 - 0.0 | 2.03 | In |
Call | STKL Option Call 20-12-2024 7 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.79 | In |
Call | STKL Option Call 20-12-2024 8 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.2 | |
Call | STKL Option Call 20-12-2024 9 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Call | STKL Option Call 20-12-2024 10 | 925 | 2024-12-20 | 0.0 - 0.25 | 0.1 | Out |
Call | STKL Option Call 20-12-2024 11 | 1 | 2024-12-20 | 0.0 - 0.15 | 0.05 | Out |
Put | STKL Option Put 20-12-2024 3 | 2 | 2024-12-20 | 0.1 - 1.75 | 0.15 | Out |
Put | STKL Option Put 20-12-2024 4 | 1 | 2024-12-20 | 0.2 - 0.3 | 0.18 | Out |
Put | STKL Option Put 20-12-2024 5 | 39 | 2024-12-20 | 0.0 - 0.1 | 0.4 | Out |
Put | STKL Option Put 20-12-2024 6 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Put | STKL Option Put 20-12-2024 7 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Put | STKL Option Put 20-12-2024 9 | 0 | 2024-12-20 | 1.7 - 3.5 | 3.13 | In |
SunOpta Market Cap Over Time
Market Cap |
| Timeline |
SunOpta Total Stockholder Equity
Total Stockholder Equity |
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SunOpta Corporate Management
| Rob Duchscher | Chief Officer | Profile | |
| Christopher Whitehair | Senior Chain | Profile | |
| Michael Buick | VP Beverage | Profile | |
| Barend Reijn | VP Sourcing | Profile | |
| Jill JD | Chief Counsel | Profile | |
| Bryan Clark | Food RD | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SunOpta. 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. For more information on how to buy SunOpta Stock please use our How to buy in SunOpta Stock guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Packaged Foods & Meats 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 SunOpta. If investors know SunOpta 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 SunOpta 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 1.799 | Earnings Share (0.07) | Revenue Per Share 6.118 | Quarterly Revenue Growth 0.155 | Return On Assets 0.0306 |
The market value of SunOpta is measured differently than its book value, which is the value of SunOpta that is recorded on the company's balance sheet. Investors also form their own opinion of SunOpta's value that differs from its market value or its book value, called intrinsic value, which is SunOpta'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 SunOpta's market value can be influenced by many factors that don't directly affect SunOpta'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 SunOpta's value and its price as these two are different measures arrived at by different means. Investors typically determine if SunOpta is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SunOpta'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.