Textron Stock Options
| TXT Stock | USD 85.63 0.55 0.65% |
Textron's latest option contracts expiring on 2024-12-20 are carrying combined implied volatility of 0.71 with a put-to-call open interest ratio of 0.56 over 43 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on 2024-12-20. The total put volume is at 685, with calls trading at the volume of 685. This yields a 2.5 put-to-call volume ratio.
Open Interest Against 2024-12-20 Option Contracts
Textron 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 Textron's lending market. For example, when Textron'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 Textron, he or she must hedge the risk by shorting Textron stock over its option's life.
2024-12-20
The chart above shows Textron'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. Textron's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Textron's option, there is no secondary market available for investors to trade.
Textron Maximum Pain Price across 2024-12-20 Option Contracts
Max pain occurs when Textron's market makers reach a net positive position across all Textron's options at a strike price where option holders stand to lose the most money. By contrast, Textron's option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Textron's option chain provides insight into all available option contracts written on Textron's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Textron's 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 Textron option contract.
In The Money vs. Out of Money Option Contracts on Textron
Analyzing Textron's in-the-money options over time can help investors to take a profitable long position in Textron regardless of its overall volatility. This is especially true when Textron's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Textron's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Textron's 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 Textron. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
Textron In The Money Call Balance
When Textron's strike price is surpassing the current stock price, the option contract against Textron stock is said to be in the money. When it comes to buying Textron'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 Textron 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.
Textron Current Options Market Mood
Textron'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 Textron 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 Textron's options investors are not very successful. Textron'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 Textron contract
Base on the Rule 16, the options market is currently suggesting that Textron will have an average daily up or down price movement of about 0.0444% per day over the life of the 2024-12-20 option contract. With Textron trading at USD 85.63, that is roughly USD 0.038. If you think that the market is fully incorporating Textron's daily price movement you should consider buying Textron options at the current volatility level of 0.71%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Textron |
Purchasing Textron 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" Textron calls. Remember, the seller must deliver Textron stock to the call owner when a call is exercised.
Textron Option Chain
When Textron's strike price is surpassing the current stock price, the option contract against Textron 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.
Textron's option chain is a display of a range of information that helps investors for ways to trade options on Textron. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Textron. It also shows strike prices and maturity days for a Textron 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 | TXT Option Call 20-12-2024 45 | 1 | 2024-12-20 | 40.4 - 44.7 | 45.6 | In |
Call | TXT Option Call 20-12-2024 50 | 0 | 2024-12-20 | 33.3 - 37.7 | 37.3 | In |
Call | TXT Option Call 20-12-2024 60 | 10 | 2024-12-20 | 25.8 - 29.7 | 29.03 | In |
Call | TXT Option Call 20-12-2024 70 | 0 | 2024-12-20 | 13.5 - 18.1 | 17.68 | In |
Call | TXT Option Call 20-12-2024 75 | 4 | 2024-12-20 | 10.1 - 12.6 | 13.54 | In |
Call | TXT Option Call 20-12-2024 77 | 0 | 2024-12-20 | 7.6 - 9.1 | 7.7 | In |
Call | TXT Option Call 20-12-2024 80 | 0 | 2024-12-20 | 6.0 - 6.3 | 6.0 | In |
Call | TXT Option Call 20-12-2024 82 | 57 | 2024-12-20 | 2.7 - 4.1 | 3.8 | In |
Call | TXT Option Call 20-12-2024 85 | 0 | 2024-12-20 | 1.25 - 3.4 | 1.8 | In |
Call | TXT Option Call 20-12-2024 87 | 406 | 2024-12-20 | 0.75 - 1.55 | 0.86 | Out |
Call | TXT Option Call 20-12-2024 90 | 3161 | 2024-12-20 | 0.2 - 0.4 | 0.4 | Out |
Call | TXT Option Call 20-12-2024 92 | 215 | 2024-12-20 | 0.0 - 0.25 | 0.11 | Out |
Call | TXT Option Call 20-12-2024 95 | 0 | 2024-12-20 | 0.05 - 0.3 | 0.17 | |
Call | TXT Option Call 20-12-2024 97 | 1028 | 2024-12-20 | 0.0 - 0.75 | 0.12 | Out |
Call | TXT Option Call 20-12-2024 100 | 884 | 2024-12-20 | 0.0 - 0.7 | 0.3 | Out |
Call | TXT Option Call 20-12-2024 105 | 0 | 2024-12-20 | 0.0 - 0.7 | 0.13 | |
Call | TXT Option Call 20-12-2024 110 | 0 | 2024-12-20 | 0.0 - 0.7 | 0.2 | |
Call | TXT Option Call 20-12-2024 115 | 49 | 2024-12-20 | 0.0 - 1.0 | 0.39 | Out |
Call | TXT Option Call 20-12-2024 120 | 9 | 2024-12-20 | 0.0 - 0.0 | 0.25 | Out |
Call | TXT Option Call 20-12-2024 125 | 5 | 2024-12-20 | 0.0 - 0.75 | 0.25 | Out |
Call | TXT Option Call 20-12-2024 130 | 5 | 2024-12-20 | 0.0 - 0.75 | 0.57 | Out |
Call | TXT Option Call 20-12-2024 135 | 4 | 2024-12-20 | 0.0 - 0.75 | 0.5 | Out |
Call | TXT Option Call 20-12-2024 140 | 0 | 2024-12-20 | 0.0 - 0.75 | 0.05 | |
Put | TXT Option Put 20-12-2024 45 | 3 | 2024-12-20 | 0.0 - 0.95 | 0.05 | Out |
Put | TXT Option Put 20-12-2024 50 | 16 | 2024-12-20 | 0.05 - 1.25 | 0.15 | Out |
Put | TXT Option Put 20-12-2024 60 | 16 | 2024-12-20 | 0.0 - 0.75 | 0.15 | Out |
Put | TXT Option Put 20-12-2024 65 | 4 | 2024-12-20 | 0.0 - 0.7 | 0.25 | Out |
Put | TXT Option Put 20-12-2024 70 | 63 | 2024-12-20 | 0.0 - 0.1 | 0.24 | Out |
Put | TXT Option Put 20-12-2024 72 | 0 | 2024-12-20 | 0.0 - 0.75 | 0.2 | |
Put | TXT Option Put 20-12-2024 75 | 0 | 2024-12-20 | 0.0 - 0.2 | 0.09 | |
Put | TXT Option Put 20-12-2024 77 | 77 | 2024-12-20 | 0.05 - 0.75 | 0.16 | Out |
Put | TXT Option Put 20-12-2024 80 | 682 | 2024-12-20 | 0.15 - 0.3 | 0.3 | Out |
Put | TXT Option Put 20-12-2024 82 | 1304 | 2024-12-20 | 0.45 - 0.65 | 0.84 | Out |
Put | TXT Option Put 20-12-2024 85 | 486 | 2024-12-20 | 1.2 - 2.3 | 1.1 | Out |
Put | TXT Option Put 20-12-2024 87 | 0 | 2024-12-20 | 2.4 - 4.5 | 2.4 | In |
Put | TXT Option Put 20-12-2024 90 | 577 | 2024-12-20 | 3.4 - 5.2 | 4.1 | In |
Put | TXT Option Put 20-12-2024 92 | 14 | 2024-12-20 | 5.6 - 9.0 | 10.1 | In |
Put | TXT Option Put 20-12-2024 95 | 0 | 2024-12-20 | 7.8 - 11.9 | 16.0 | In |
Put | TXT Option Put 20-12-2024 97 | 0 | 2024-12-20 | 9.5 - 13.4 | 18.5 | In |
Put | TXT Option Put 20-12-2024 100 | 0 | 2024-12-20 | 13.4 - 16.9 | 18.72 | In |
Put | TXT Option Put 20-12-2024 105 | 0 | 2024-12-20 | 20.7 - 24.9 | 17.07 | In |
Put | TXT Option Put 20-12-2024 110 | 0 | 2024-12-20 | 22.8 - 26.6 | 30.3 | In |
Put | TXT Option Put 20-12-2024 115 | 0 | 2024-12-20 | 27.9 - 32.0 | 25.23 | In |
Textron Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
| Timeline |
Textron Total Stockholder Equity
Total Stockholder Equity |
|
Textron Corporate Directors
| Kathleen Bader | Independent Director | Profile | |
| James Conway | Independent Director | Profile | |
| Deborah James | Independent Director | Profile | |
| R Clark | Lead Independent Director | Profile |
Additional Tools for Textron Stock Analysis
When running Textron's price analysis, check to measure Textron'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 Textron is operating at the current time. Most of Textron's value examination focuses on studying past and present price action to predict the probability of Textron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Textron's price. Additionally, you may evaluate how the addition of Textron to your portfolios can decrease your overall portfolio volatility.