TGNA250417C00012000 Option on Tegna Inc
TGNA Stock | USD 17.97 0.10 0.55% |
TGNA250417C00012000 is a PUT option contract on Tegna's common stock with a strick price of 12.0 expiring on 2025-04-17. The contract was not traded in recent days and, as of today, has 89 days remaining before the expiration. The option is currently trading at a bid price of $6.0, and an ask price of $7.8. The implied volatility as of the 18th of January 2025 is 89.0.
Tegna |
A put option written on Tegna becomes more valuable as the price of Tegna drops. Conversely, Tegna's put option loses its value as Tegna Stock rises.
Rule 16 of 2025-04-17 Option Contract
The options market is anticipating that Tegna Inc will have an average daily up or down price movement of about 0.0556% per day over the life of the option. With Tegna trading at USD 17.97, that is roughly USD 0.009989. If you think that the market is fully understating Tegna's daily price movement you should consider buying Tegna Inc options at that current volatility level of 0.89%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Call Option on Tegna
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 Tegna 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 Tegna 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 | TGNA250417C00012000 |
Expires On | 2025-04-17 |
Days Before Expriration | 89 |
Delta | 0.876202 |
Vega | 0.018253 |
Gamma | 0.024405 |
Theoretical Value | 6.9 |
Open Interest | 1 |
Strike Price | 12.0 |
Last Traded At | 2.95 |
Current Price Spread | 6.0 | 7.8 |
Rule 16 Daily Up or Down | USD 0.009989 |
Tegna short PUT Option Greeks
Tegna's Option Greeks for the contract ending on 2025-04-17 at a strike price of 12.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Tegna's option greeks, its implied volatility helps estimate the risk of Tegna stock implied by the prices of the options on Tegna's stock.
Delta | 0.876202 | |
Gamma | 0.024405 | |
Theta | -0.008806 | |
Vega | 0.018253 | |
Rho | 0.019046 |
Tegna long PUT Option Payoff at expiration
Put options written on Tegna grant holders of the option the right to sell a specified amount of Tegna at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Tegna Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Tegna is like buying insurance aginst Tegna's downside shift.
Profit |
Tegna Price At Expiration |
Tegna short PUT Option Payoff at expiration
By selling Tegna's put option, the investors signal their bearish sentiment. A short position in a put option written on Tegna will generally make money when the underlying price is above the strike price. Therefore Tegna's put payoff at expiration depends on where the Tegna Stock price is relative to the put option strike price. The breakeven price of 18.9 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Tegna's price. Finally, at the strike price of 12.0, the payoff chart is constant and positive.
Profit |
Tegna Price At Expiration |
Tegna Inc Available Call Options
Tegna's option chain is a display of a range of information that helps investors for ways to trade options on Tegna. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Tegna. It also shows strike prices and maturity days for a Tegna 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 | TGNA250417C00012000 | 1 | 12.0 | 6.0 - 7.8 | 2.95 | In |
Call | TGNA250417C00015000 | 5 | 15.0 | 2.55 - 3.8 | 1.85 | In |
Call | TGNA250417C00016000 | 2 | 16.0 | 2.55 - 3.8 | 3.1 | In |
Call | TGNA250417C00017000 | 62 | 17.0 | 1.9 - 2.15 | 2.35 | In |
Call | TGNA250417C00018000 | 41 | 18.0 | 1.25 - 1.45 | 1.4 | In |
Call | TGNA250417C00019000 | 100 | 19.0 | 0.8 - 1.0 | 0.5 | Out |
Call | TGNA250417C00020000 | 139 | 20.0 | 0.45 - 0.6 | 0.5 | Out |
Call | TGNA250417C00021000 | 152 | 21.0 | 0.0 - 0.4 | 0.61 | Out |
Call | TGNA250417C00022000 | 203 | 22.0 | 0.0 - 0.35 | 0.35 | Out |
Call | TGNA250417C00025000 | 0 | 25.0 | 0.0 - 0.75 | 0.75 | |
Call | TGNA250417C00030000 | 0 | 30.0 | 0.0 - 0.75 | 0.75 |
Tegna Corporate Directors
Henry McGee | Independent Director | Profile | |
Lidia Fonseca | Independent Director | Profile | |
Melinda Witmer | Independent Director | Profile | |
Gina Bianchini | Independent Director | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tegna Inc. 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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Broadcasting 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 Tegna. If investors know Tegna 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 Tegna 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 0.861 | Dividend Share 0.478 | Earnings Share 2.86 | Revenue Per Share | Quarterly Revenue Growth 0.131 |
The market value of Tegna Inc is measured differently than its book value, which is the value of Tegna that is recorded on the company's balance sheet. Investors also form their own opinion of Tegna's value that differs from its market value or its book value, called intrinsic value, which is Tegna'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 Tegna's market value can be influenced by many factors that don't directly affect Tegna'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 Tegna's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tegna is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tegna'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.