TGNA250417P00020000 Option on Tegna Inc

TGNA Stock  USD 17.97  0.10  0.55%   
TGNA250417P00020000 is a PUT option contract on Tegna's common stock with a strick price of 20.0 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 $2.0, and an ask price of $2.2. The implied volatility as of the 18th of January 2025 is 89.0.
  
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 0.0181% per day over the life of the option. With Tegna trading at USD 17.97, that is roughly USD 0.003246. 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 0.29%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Put 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.
Put Contract NameTGNA250417P00020000
Expires On2025-04-17
Days Before Expriration89
Vega0.031511
Gamma0.132353
Theoretical Value2.1
Open Interest15
Strike Price20.0
Last Traded At2.7
Current Price Spread2.0 | 2.2
Rule 16 Daily Up or DownUSD 0.003246

Tegna short PUT Option Greeks

Tegna's Option Greeks for the contract ending on 2025-04-17 at a strike price of 20.0 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-0.699949
Gamma0.132353
Theta-0.004366
Vega0.031511
Rho-0.026898

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 17.9 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 20.0, the payoff chart is constant and positive.
   Profit   
       Tegna Price At Expiration  
View All Tegna Options

Tegna Inc Available Put 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 IntStrike PriceCurrent SpreadLast Price
 Put
TGNA250417P00011000111.00.0 - 0.750.29Out
 Put
TGNA250417P00012000112.00.0 - 0.750.36Out
 Put
TGNA250417P00013000213.00.0 - 0.750.55Out
 Put
TGNA250417P000140001714.00.05 - 0.550.22Out
 Put
TGNA250417P000150005715.00.05 - 0.60.39Out
 Put
TGNA250417P000160004516.00.25 - 0.70.55Out
 Put
TGNA250417P000170008117.00.5 - 0.70.81Out
 Put
TGNA250417P000180006418.00.85 - 1.11.55Out
 Put
TGNA250417P00019000719.01.35 - 1.551.6In
 Put
TGNA250417P000200001520.02.0 - 2.22.7In
 Put
TGNA250417P00021000721.02.7 - 3.03.2In
 Put
TGNA250417P000220001822.03.6 - 4.23.2In
 Put
TGNA250417P00025000025.06.3 - 6.96.3In
 Put
TGNA250417P00030000030.011.4 - 13.311.4In

Tegna Corporate Directors

Henry McGeeIndependent DirectorProfile
Lidia FonsecaIndependent DirectorProfile
Melinda WitmerIndependent DirectorProfile
Gina BianchiniIndependent DirectorProfile
When determining whether Tegna Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tegna's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tegna Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tegna Inc Stock:
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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
16.9
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.