Trane Technologies Stock Options
| TT Stock | USD 389.19 0.33 0.08% |
Trane Technologies' latest option contracts expiring on March 21st 2025 are carrying combined implied volatility of 0.39 with a put-to-call open interest ratio of 0.26 over 62 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on March 21st 2025. The total put volume is at 29.0, with calls trading at the volume of 128. This yields a 0.23 put-to-call volume ratio.
Open Interest Against March 21st 2025 Option Contracts
Trane Technologies 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 Trane Technologies' lending market. For example, when Trane Technologies' 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 Trane Technologies, he or she must hedge the risk by shorting Trane Technologies stock over its option's life.
2025-03-21
The chart above shows Trane Technologies' 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. Trane Technologies' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Trane Technologies' option, there is no secondary market available for investors to trade.
Trane Technologies Maximum Pain Price Across 2025-03-21 Option Contracts
Max pain occurs when Trane Technologies' market makers reach a net positive position across all Trane Technologies' options at a strike price where option holders stand to lose the most money. By contrast, Trane Technologies' 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 Trane Technologies
Analyzing Trane Technologies' in-the-money options over time can help investors to take a profitable long position in Trane Technologies regardless of its overall volatility. This is especially true when Trane Technologies' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Trane Technologies' options could be used as guardians of the underlying stock as they move almost dollar for dollar with Trane Technologies' stock while costing only a fraction of its price.
Trane Technologies plc In The Money Call Balance
When Trane Technologies' strike price is surpassing the current stock price, the option contract against Trane Technologies plc stock is said to be in the money. When it comes to buying Trane Technologies' 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 Trane Technologies plc 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.
Trane Current Options Market Mood
Trane Technologies' 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 Trane 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 Trane Technologies' options investors are not very successful. Trane Technologies' 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 Trane contract
Base on the Rule 16, the options market is currently suggesting that Trane Technologies plc will have an average daily up or down price movement of about 0.0244% per day over the life of the 2025-03-21 option contract. With Trane Technologies trading at USD 389.19, that is roughly USD 0.0949. If you think that the market is fully incorporating Trane Technologies' daily price movement you should consider buying Trane Technologies plc options at the current volatility level of 0.39%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Trane |
Purchasing Trane Technologies 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" Trane calls. Remember, the seller must deliver Trane Technologies plc stock to the call owner when a call is exercised.
Trane Technologies Option Chain
When Trane Technologies' strike price is surpassing the current stock price, the option contract against Trane Technologies plc 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.
Trane Technologies' option chain is a display of a range of information that helps investors for ways to trade options on Trane. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Trane. It also shows strike prices and maturity days for a Trane Technologies 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 | TT250321C00185000 | 2 | 185.0 | 203.4 - 207.5 | 229.47 | In |
Call | TT250321C00200000 | 1 | 200.0 | 188.7 - 192.5 | 174.5 | In |
Call | TT250321C00270000 | 23 | 270.0 | 119.3 - 123.5 | 124.19 | In |
Call | TT250321C00280000 | 1 | 280.0 | 109.6 - 113.5 | 74.43 | In |
Call | TT250321C00290000 | 1 | 290.0 | 99.6 - 103.5 | 56.7 | In |
Call | TT250321C00300000 | 5 | 300.0 | 90.3 - 93.9 | 118.07 | In |
Call | TT250321C00320000 | 21 | 320.0 | 71.0 - 74.5 | 98.5 | In |
Call | TT250321C00330000 | 4 | 330.0 | 61.1 - 64.8 | 70.9 | In |
Call | TT250321C00340000 | 2 | 340.0 | 51.8 - 56.0 | 76.33 | In |
Call | TT250321C00350000 | 30 | 350.0 | 43.9 - 46.2 | 42.2 | In |
Call | TT250321C00360000 | 7 | 360.0 | 35.8 - 37.9 | 58.84 | In |
Call | TT250321C00370000 | 29 | 370.0 | 28.7 - 30.4 | 29.4 | In |
Call | TT250321C00380000 | 56 | 380.0 | 22.3 - 24.1 | 22.8 | In |
Call | TT250321C00390000 | 51 | 390.0 | 16.6 - 18.0 | 17.2 | Out |
Call | TT250321C00400000 | 177 | 400.0 | 12.0 - 13.5 | 12.3 | Out |
Call | TT250321C00410000 | 141 | 410.0 | 8.2 - 9.3 | 8.6 | Out |
Call | TT250321C00420000 | 121 | 420.0 | 4.3 - 6.2 | 5.7 | Out |
Call | TT250321C00430000 | 38 | 430.0 | 2.75 - 4.3 | 3.8 | Out |
Call | TT250321C00440000 | 127 | 440.0 | 2.1 - 4.0 | 2.6 | Out |
Call | TT250321C00450000 | 88 | 450.0 | 0.0 - 1.8 | 1.85 | Out |
Call | TT250321C00460000 | 38 | 460.0 | 0.05 - 1.1 | 1.35 | Out |
Call | TT250321C00470000 | 166 | 470.0 | 0.25 - 2.05 | 1.78 | Out |
Call | TT250321C00480000 | 6 | 480.0 | 0.15 - 0.75 | 0.72 | Out |
Call | TT250321C00490000 | 2 | 490.0 | 0.0 - 0.95 | 2.3 | Out |
Call | TT250321C00500000 | 13 | 500.0 | 0.0 - 1.8 | 2.0 | Out |
Call | TT250321C00520000 | 777 | 520.0 | 0.0 - 1.35 | 0.2 | Out |
Call | TT250321C00540000 | 1 | 540.0 | 0.0 - 2.2 | 0.35 | Out |
Call | TT250321C00560000 | 0 | 560.0 | 0.0 - 0.95 | 0.95 | |
Put | TT250321P00180000 | 1 | 180.0 | 0.0 - 0.95 | 0.2 | Out |
Put | TT250321P00190000 | 6 | 190.0 | 0.0 - 1.45 | 0.25 | Out |
Put | TT250321P00200000 | 1 | 200.0 | 0.0 - 1.45 | 0.9 | Out |
Put | TT250321P00220000 | 2 | 220.0 | 0.0 - 1.5 | 3.32 | Out |
Put | TT250321P00230000 | 2 | 230.0 | 0.0 - 2.25 | 4.18 | Out |
Put | TT250321P00240000 | 1 | 240.0 | 0.0 - 1.55 | 2.65 | Out |
Put | TT250321P00250000 | 1 | 250.0 | 0.0 - 1.6 | 1.21 | Out |
Put | TT250321P00270000 | 2 | 270.0 | 0.0 - 2.5 | 2.82 | Out |
Put | TT250321P00280000 | 10 | 280.0 | 0.1 - 2.6 | 2.2 | Out |
Put | TT250321P00290000 | 4 | 290.0 | 0.2 - 1.9 | 1.05 | Out |
Put | TT250321P00300000 | 22 | 300.0 | 0.0 - 2.1 | 1.5 | Out |
Put | TT250321P00310000 | 43 | 310.0 | 0.4 - 2.3 | 4.2 | Out |
Put | TT250321P00320000 | 48 | 320.0 | 0.55 - 3.5 | 2.9 | Out |
Put | TT250321P00330000 | 40 | 330.0 | 0.9 - 4.1 | 2.55 | Out |
Put | TT250321P00340000 | 62 | 340.0 | 2.55 - 4.3 | 3.7 | Out |
Put | TT250321P00350000 | 30 | 350.0 | 3.9 - 4.4 | 5.2 | Out |
Put | TT250321P00360000 | 40 | 360.0 | 4.6 - 6.2 | 6.0 | Out |
Put | TT250321P00370000 | 24 | 370.0 | 6.5 - 8.6 | 8.4 | Out |
Put | TT250321P00380000 | 35 | 380.0 | 11.5 - 12.0 | 11.9 | Out |
Put | TT250321P00390000 | 13 | 390.0 | 15.1 - 16.3 | 16.0 | Out |
Put | TT250321P00400000 | 34 | 400.0 | 19.3 - 22.7 | 19.9 | In |
Put | TT250321P00410000 | 14 | 410.0 | 25.6 - 28.2 | 35.98 | In |
Put | TT250321P00420000 | 24 | 420.0 | 32.5 - 36.3 | 43.88 | In |
Put | TT250321P00430000 | 43 | 430.0 | 40.5 - 43.9 | 42.6 | In |
Put | TT250321P00440000 | 1 | 440.0 | 50.1 - 53.4 | 33.8 | In |
Put | TT250321P00450000 | 0 | 450.0 | 59.9 - 62.8 | 43.0 | In |
Put | TT250321P00460000 | 0 | 460.0 | 68.8 - 72.5 | 68.8 | In |
Put | TT250321P00470000 | 0 | 470.0 | 78.9 - 83.0 | 78.9 | In |
Put | TT250321P00480000 | 0 | 480.0 | 89.0 - 92.5 | 89.0 | In |
Put | TT250321P00490000 | 0 | 490.0 | 99.0 - 103.0 | 99.0 | In |
Put | TT250321P00500000 | 0 | 500.0 | 109.1 - 113.0 | 109.1 | In |
Put | TT250321P00520000 | 0 | 520.0 | 129.1 - 133.0 | 129.1 | In |
Put | TT250321P00540000 | 0 | 540.0 | 149.0 - 153.0 | 149.0 | In |
Put | TT250321P00560000 | 0 | 560.0 | 169.0 - 172.5 | 169.0 | In |
Trane Technologies Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
| Timeline |
Trane Technologies Market Cap Over Time
Market Cap |
| Timeline |
Trane Total Stockholder Equity
Total Stockholder Equity |
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Trane Technologies Corporate Management
| Heather Howlett | Chief Accounting Officer, Vice President | Profile | |
| Richard Swift | Lead Independent Director | Profile | |
| Zachary Nagle | Vice Relations | Profile | |
| Mark Majocha | Chief VP | Profile | |
| Mauro Atalla | Chief Officer | Profile |
Additional Tools for Trane Stock Analysis
When running Trane Technologies' price analysis, check to measure Trane Technologies' 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 Trane Technologies is operating at the current time. Most of Trane Technologies' value examination focuses on studying past and present price action to predict the probability of Trane Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trane Technologies' price. Additionally, you may evaluate how the addition of Trane Technologies to your portfolios can decrease your overall portfolio volatility.