Teekay Tankers Stock Options
| TNK Stock | USD 41.65 1.77 4.44% |
Teekay Tankers' latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 0.35 with a put-to-call open interest ratio of 0.0 over 13 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on 2024-12-20. The total put volume is at 150, with calls trading at the volume of 150. This yields a 1.92 put-to-call volume ratio.
Teekay Tankers' option chain provides insight into all available option contracts written on Teekay Tankers' stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Teekay Tankers' 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 Teekay option contract.
In The Money vs. Out of Money Option Contracts on Teekay Tankers
Analyzing Teekay Tankers' in-the-money options over time can help investors to take a profitable long position in Teekay Tankers regardless of its overall volatility. This is especially true when Teekay Tankers' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Teekay Tankers' options could be used as guardians of the underlying stock as they move almost dollar for dollar with Teekay Tankers' 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 Teekay Tankers. 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.
Teekay Tankers In The Money Call Balance
When Teekay Tankers' strike price is surpassing the current stock price, the option contract against Teekay Tankers stock is said to be in the money. When it comes to buying Teekay Tankers' 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 Teekay Tankers 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.
Teekay Current Options Market Mood
Teekay Tankers' 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 Teekay 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 Teekay Tankers' options investors are not very successful. Teekay Tankers' 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 Teekay contract
Base on the Rule 16, the options market is currently suggesting that Teekay Tankers will have an average daily up or down price movement of about 0.0219% per day over the life of the 2024-12-20 option contract. With Teekay Tankers trading at USD 41.65, that is roughly USD 0.009111. If you think that the market is fully incorporating Teekay Tankers' daily price movement you should consider buying Teekay Tankers options at the current volatility level of 0.35%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Teekay |
Purchasing Teekay Tankers 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" Teekay calls. Remember, the seller must deliver Teekay Tankers stock to the call owner when a call is exercised.
Teekay Tankers Option Chain
When Teekay Tankers' strike price is surpassing the current stock price, the option contract against Teekay Tankers 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.
Teekay Tankers' option chain is a display of a range of information that helps investors for ways to trade options on Teekay. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Teekay. It also shows strike prices and maturity days for a Teekay Tankers 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 | TNK Option Call 20-12-2024 40 | 0 | 2024-12-20 | 0.0 - 0.0 | 2.2 | In |
Call | TNK Option Call 20-12-2024 45 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.28 | |
Call | TNK Option Call 20-12-2024 50 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.1 | |
Call | TNK Option Call 20-12-2024 55 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.04 | |
Call | TNK Option Call 20-12-2024 60 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.05 | |
Call | TNK Option Call 20-12-2024 65 | 1 | 2024-12-20 | 0.0 - 1.15 | 0.24 | Out |
Call | TNK Option Call 20-12-2024 70 | 2 | 2024-12-20 | 0.0 - 1.15 | 0.4 | Out |
Put | TNK Option Put 20-12-2024 35 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.15 | |
Put | TNK Option Put 20-12-2024 40 | 0 | 2024-12-20 | 0.0 - 0.0 | 0.85 | |
Put | TNK Option Put 20-12-2024 45 | 0 | 2024-12-20 | 0.0 - 0.0 | 3.44 | In |
Put | TNK Option Put 20-12-2024 50 | 0 | 2024-12-20 | 0.0 - 0.0 | 3.89 | In |
Put | TNK Option Put 20-12-2024 55 | 0 | 2024-12-20 | 0.0 - 0.0 | 8.78 | In |
Put | TNK Option Put 20-12-2024 60 | 0 | 2024-12-20 | 0.0 - 0.0 | 19.8 | In |
Teekay Tankers Market Cap Over Time
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Teekay Total Stockholder Equity
Total Stockholder Equity |
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Teekay Tankers Corporate Executives
Elected by the shareholders, the Teekay Tankers' board of directors comprises two types of representatives: Teekay Tankers inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Teekay. The board's role is to monitor Teekay Tankers' management team and ensure that shareholders' interests are well served. Teekay Tankers' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Teekay Tankers' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Stewart Andrade | Chief Financial Officer | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teekay Tankers. 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 more information on how to buy Teekay Stock please use our How to buy in Teekay Stock guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Oil & Gas Storage & 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 Teekay Tankers. If investors know Teekay 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 Teekay Tankers 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 (0.28) | Dividend Share 0.25 | Earnings Share 12.18 | Revenue Per Share 34.7 | Quarterly Revenue Growth (0.15) |
The market value of Teekay Tankers is measured differently than its book value, which is the value of Teekay that is recorded on the company's balance sheet. Investors also form their own opinion of Teekay Tankers' value that differs from its market value or its book value, called intrinsic value, which is Teekay Tankers' 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 Teekay Tankers' market value can be influenced by many factors that don't directly affect Teekay Tankers' 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 Teekay Tankers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Teekay Tankers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teekay Tankers' 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.