Vornado Realty Stock Options

VNO Stock  USD 42.58  0.68  1.57%   
Vornado Realty's latest option contracts expiring on March 21st 2025 are carrying combined implied volatility of 0.64 with a put-to-call open interest ratio of 0.69 over 34 outstanding agreements suggesting investors are buying more calls than puts on contracts expiring on March 21st 2025. The total put volume is at 11.0, with calls trading at the volume of 42.0. This yields a 0.26 put-to-call volume ratio.

Open Interest Against March 21st 2025 Option Contracts

The chart above shows Vornado Realty'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. Vornado Realty's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Vornado Realty's option, there is no secondary market available for investors to trade.

Vornado Realty Maximum Pain Price Across 2025-03-21 Option Contracts

Max pain occurs when Vornado Realty's market makers reach a net positive position across all Vornado Realty's options at a strike price where option holders stand to lose the most money. By contrast, Vornado Realty'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 Vornado Realty

Analyzing Vornado Realty's in-the-money options over time can help investors to take a profitable long position in Vornado Realty regardless of its overall volatility. This is especially true when Vornado Realty's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Vornado Realty's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Vornado Realty's stock while costing only a fraction of its price.
Please note that buying 'in-the-money' options on Vornado Realty lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Vornado Realty's value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money Vornado Realty contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if Vornado Stock moves the wrong way.

Vornado Realty Trust In The Money Call Balance

When Vornado Realty's strike price is surpassing the current stock price, the option contract against Vornado Realty Trust stock is said to be in the money. When it comes to buying Vornado Realty'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 Vornado Realty Trust 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.

Vornado Current Options Market Mood

Vornado Realty'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 Vornado 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 Vornado Realty'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. Vornado Realty'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 Vornado contract

Base on the Rule 16, the options market is currently suggesting that Vornado Realty Trust will have an average daily up or down price movement of about 0.04% per day over the life of the 2025-03-21 option contract. With Vornado Realty trading at USD 42.58, that is roughly USD 0.017. If you think that the market is fully incorporating Vornado Realty's daily price movement you should consider buying Vornado Realty Trust options at the current volatility level of 0.64%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Vornado Realty 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" Vornado calls. Remember, the seller must deliver Vornado Realty Trust stock to the call owner when a call is exercised.

Vornado Realty Option Chain

When Vornado Realty's strike price is surpassing the current stock price, the option contract against Vornado Realty Trust 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.
Vornado Realty's option chain is a display of a range of information that helps investors for ways to trade options on Vornado. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Vornado. It also shows strike prices and maturity days for a Vornado Realty 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
Call
VNO250321C000320001732.011.1 - 13.59.7In
Call
VNO250321C0003400012534.09.5 - 10.19.4In
Call
VNO250321C000350007835.08.8 - 9.18.11In
Call
VNO250321C000360002336.07.9 - 8.36.88In
Call
VNO250321C000370002537.07.0 - 7.43.17In
Call
VNO250321C000380004038.06.3 - 7.67.8In
Call
VNO250321C000390001239.05.5 - 6.64.8In
Call
VNO250321C000400005940.04.8 - 5.15.1In
Call
VNO250321C0004500075145.02.05 - 2.22.0Out
Call
VNO250321C0005000014250.00.55 - 0.950.78Out
Call
VNO250321C0005500021355.00.1 - 0.350.27Out
Call
VNO250321C0006000070260.00.0 - 0.750.13Out
Call
VNO250321C00065000065.00.0 - 0.750.75Out
 Put
VNO250321P000200002320.00.0 - 2.150.04Out
 Put
VNO250321P00022000122.00.0 - 0.20.7Out
 Put
VNO250321P000230001223.00.0 - 0.20.9Out
 Put
VNO250321P000280001028.00.0 - 0.252.25Out
 Put
VNO250321P00029000129.00.0 - 0.950.32Out
 Put
VNO250321P00030000230.00.0 - 1.250.94Out
 Put
VNO250321P00031000231.00.05 - 1.20.25Out
 Put
VNO250321P000320002632.00.05 - 0.40.25Out
 Put
VNO250321P000330008933.00.1 - 0.40.5Out
 Put
VNO250321P0003400010534.00.25 - 0.40.3Out
 Put
VNO250321P0003500044735.00.35 - 0.50.6Out
 Put
VNO250321P0003600026536.00.45 - 0.60.5Out
 Put
VNO250321P00037000437.00.6 - 0.80.6Out
 Put
VNO250321P000380007138.00.75 - 0.952.7Out
 Put
VNO250321P0003900010939.01.0 - 1.21.03Out
 Put
VNO250321P0004000025140.01.25 - 1.451.37Out
 Put
VNO250321P000450008645.03.4 - 3.77.8In
 Put
VNO250321P00050000250.07.0 - 7.56.05In
 Put
VNO250321P00055000055.011.1 - 12.411.1In
 Put
VNO250321P00060000060.016.2 - 17.714.6In
 Put
VNO250321P00065000065.021.2 - 23.421.2In

Vornado Realty Market Cap Over Time

   Market Cap   
       Timeline  

Vornado Total Stockholder Equity

Total Stockholder Equity

4.41 Billion

At this time, Vornado Realty's Total Stockholder Equity is very stable compared to the past year.

Vornado Realty Corporate Management

Jan LaChapelleExecutive Vice President - Head of Capital MarketsProfile
Catherine CreswellDirector RelationsProfile
Candace BeineckeLead Independent TrusteeProfile
Robert EntinChief VPProfile
Deirdre MaddockSenior Vice President Chief Accounting OfficerProfile
Daniel TischIndependent TrusteeProfile
When determining whether Vornado Realty Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Vornado Realty'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 Vornado Realty Trust Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Vornado Realty Trust Stock:
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Is Diversified REITs 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 Vornado Realty. If investors know Vornado 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 Vornado Realty 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
(0.25)
Dividend Share
0.3
Earnings Share
(0.28)
Revenue Per Share
9.825
Quarterly Revenue Growth
(0.02)
The market value of Vornado Realty Trust is measured differently than its book value, which is the value of Vornado that is recorded on the company's balance sheet. Investors also form their own opinion of Vornado Realty's value that differs from its market value or its book value, called intrinsic value, which is Vornado Realty'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 Vornado Realty's market value can be influenced by many factors that don't directly affect Vornado Realty'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 Vornado Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vornado Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vornado Realty'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.