Tenaris SA Stock Options
| TS Stock | USD 38.15 0.42 1.11% |
Tenaris SA's latest option contracts expiring on March 21st 2025 are carrying combined implied volatility of 0.5 with a put-to-call open interest ratio of 1.88 over 25 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on March 21st 2025. The total put volume is at 336, with calls trading at the volume of 27.0. This yields a 12.44 put-to-call volume ratio.
Open Interest Against March 21st 2025 Option Contracts
Tenaris SA option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Tenaris SA's lending market. For example, when Tenaris SA's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Tenaris SA, he or she must hedge the risk by shorting Tenaris SA stock over its option's life.
2025-03-21
The chart above shows Tenaris SA'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. Tenaris SA's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Tenaris SA's option, there is no secondary market available for investors to trade.
Tenaris SA Maximum Pain Price Across 2025-03-21 Option Contracts
Max pain occurs when Tenaris SA's market makers reach a net positive position across all Tenaris SA's options at a strike price where option holders stand to lose the most money. By contrast, Tenaris SA's 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 Tenaris SA
Analyzing Tenaris SA's in-the-money options over time can help investors to take a profitable long position in Tenaris SA regardless of its overall volatility. This is especially true when Tenaris SA's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Tenaris SA's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Tenaris SA's stock while costing only a fraction of its price.
Tenaris SA ADR In The Money Call Balance
When Tenaris SA's strike price is surpassing the current stock price, the option contract against Tenaris SA ADR stock is said to be in the money. When it comes to buying Tenaris SA'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 Tenaris SA ADR 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.
Tenaris Current Options Market Mood
Tenaris SA'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 Tenaris 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
Most options investors, including buyers and sellers of Tenaris SA's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Tenaris SA'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 Tenaris contract
Base on the Rule 16, the options market is currently suggesting that Tenaris SA ADR will have an average daily up or down price movement of about 0.0313% per day over the life of the 2025-03-21 option contract. With Tenaris SA trading at USD 38.15, that is roughly USD 0.0119. If you think that the market is fully incorporating Tenaris SA's daily price movement you should consider buying Tenaris SA ADR options at the current volatility level of 0.5%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Tenaris |
Purchasing Tenaris SA 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" Tenaris calls. Remember, the seller must deliver Tenaris SA ADR stock to the call owner when a call is exercised.
Tenaris SA Option Chain
When Tenaris SA's strike price is surpassing the current stock price, the option contract against Tenaris SA ADR 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.
Tenaris SA's option chain is a display of a range of information that helps investors for ways to trade options on Tenaris. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Tenaris. It also shows strike prices and maturity days for a Tenaris SA 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 | TS250321C00027500 | 611 | 27.5 | 8.8 - 10.9 | 10.0 | In |
Call | TS250321C00030000 | 249 | 30.0 | 7.0 - 8.5 | 9.09 | In |
Call | TS250321C00032500 | 343 | 32.5 | 5.7 - 6.1 | 5.6 | In |
Call | TS250321C00035000 | 379 | 35.0 | 3.6 - 3.9 | 4.6 | In |
Call | TS250321C00037500 | 404 | 37.5 | 1.9 - 3.3 | 2.35 | In |
Call | TS250321C00040000 | 474 | 40.0 | 0.8 - 0.9 | 0.8 | Out |
Call | TS250321C00042500 | 228 | 42.5 | 0.25 - 0.4 | 0.3 | Out |
Call | TS250321C00045000 | 15 | 45.0 | 0.05 - 0.2 | 0.45 | Out |
Call | TS250321C00047500 | 0 | 47.5 | 0.0 - 1.35 | 1.35 | |
Call | TS250321C00050000 | 2 | 50.0 | 0.0 - 0.75 | 0.58 | Out |
Call | TS250321C00055000 | 0 | 55.0 | 0.0 - 0.75 | 0.75 | |
Put | TS250321P00020000 | 354 | 20.0 | 0.0 - 0.75 | 0.25 | Out |
Put | TS250321P00022500 | 1252 | 22.5 | 0.0 - 0.75 | 0.42 | Out |
Put | TS250321P00025000 | 683 | 25.0 | 0.05 - 0.1 | 0.07 | Out |
Put | TS250321P00027500 | 230 | 27.5 | 0.0 - 0.45 | 0.25 | Out |
Put | TS250321P00030000 | 1011 | 30.0 | 0.05 - 0.15 | 0.15 | Out |
Put | TS250321P00032500 | 548 | 32.5 | 0.15 - 0.3 | 0.25 | Out |
Put | TS250321P00035000 | 272 | 35.0 | 0.5 - 0.65 | 0.6 | Out |
Put | TS250321P00037500 | 340 | 37.5 | 1.25 - 1.4 | 0.95 | Out |
Put | TS250321P00040000 | 390 | 40.0 | 2.6 - 2.8 | 2.05 | In |
Put | TS250321P00042500 | 7 | 42.5 | 4.6 - 4.8 | 4.1 | In |
Put | TS250321P00045000 | 0 | 45.0 | 4.5 - 9.1 | 4.5 | In |
Put | TS250321P00047500 | 0 | 47.5 | 8.6 - 10.0 | 8.6 | In |
Put | TS250321P00050000 | 0 | 50.0 | 11.2 - 13.1 | 11.2 | In |
Put | TS250321P00055000 | 0 | 55.0 | 15.9 - 18.7 | 15.9 | In |
Tenaris SA Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
| Timeline |
Tenaris SA Market Cap Over Time
Market Cap |
| Timeline |
Tenaris Total Stockholder Equity
Total Stockholder Equity |
|
Tenaris SA Corporate Directors
| Yves Speeckaert | Independent Director | Profile | |
| Monica Tiuba | Independent Director | Profile | |
| Roberto Bonatti | Director | Profile | |
| Giovanni Sardagna | Director of Invester Relations | Profile |
Additional Tools for Tenaris Stock Analysis
When running Tenaris SA's price analysis, check to measure Tenaris SA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tenaris SA is operating at the current time. Most of Tenaris SA's value examination focuses on studying past and present price action to predict the probability of Tenaris SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tenaris SA's price. Additionally, you may evaluate how the addition of Tenaris SA to your portfolios can decrease your overall portfolio volatility.