CAG240517P00030000 Option on ConAgra Foods
| CAG Stock | USD 29.24 0.05 0.17% |
ConAgra Foods' latest option contracts expiring on 2024-06-14 are carrying combined implied volatility of 36.49 with a put-to-call open interest ratio of 6.35 over 62 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on 2024-06-14. The current put volume is at 143, with calls trading at the volume of 45.0. This yields a 3.18 put-to-call volume ratio.
Open Interest Against 2024-06-14 Option Contracts
2024-06-14
The chart above shows ConAgra Foods' 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. ConAgra Foods' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for ConAgra Foods' option, there is no secondary market available for investors to trade.
ConAgra Foods' option chain provides insight into all available option contracts written on ConAgra Foods' stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of ConAgra Foods' 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 ConAgra option contract.
In The Money vs. Out of Money Option Contracts on ConAgra Foods
Analyzing ConAgra Foods' in-the-money options over time can help investors to take a profitable long position in ConAgra Foods regardless of its overall volatility. This is especially true when ConAgra Foods' options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money ConAgra Foods' options could be used as guardians of the underlying stock as they move almost dollar for dollar with ConAgra Foods' stock while costing only a fraction of its price.
ConAgra Foods' stock options are financial instruments that give investors the right to buy or sell shares of ConAgra Foods common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell ConAgra stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If ConAgra Foods' stock price goes up or down, the stock options follow.
The ConAgra Foods' current Total Stockholder Equity is estimated to increase to about 10.6 B, while Common Stock Shares Outstanding is projected to decrease to roughly 496.5 M. ConAgra Foods In The Money Call Balance
When ConAgra Foods' strike price is surpassing the current stock price, the option contract against ConAgra Foods stock is said to be in the money. When it comes to buying ConAgra Foods' 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 ConAgra Foods 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.
ConAgra Current Options Market Mood
ConAgra Foods' 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 ConAgra 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 ConAgra Foods' calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. ConAgra Foods' 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. Using current ConAgra Foods' option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.
Rule 16 of the current ConAgra contract
Base on the Rule 16, the options market is currently suggesting that ConAgra Foods will have an average daily up or down price movement of about 2.28% per day over the life of the 2024-06-14 option contract. With ConAgra Foods trading at USD 29.24, that is roughly USD 0.67. If you think that the market is fully incorporating ConAgra Foods' daily price movement you should consider buying ConAgra Foods options at the current volatility level of 36.49%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
ConAgra |
Purchasing ConAgra Foods 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" ConAgra calls. Remember, the seller must deliver ConAgra Foods stock to the call owner when a call is exercised.
ConAgra Foods Option Chain
When ConAgra Foods' strike price is surpassing the current stock price, the option contract against ConAgra Foods 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.
2024-06-142024-06-212024-06-282024-07-052024-07-122024-07-192024-07-262024-09-202024-12-202025-01-172026-01-16
ConAgra Foods' option chain is a display of a range of information that helps investors for ways to trade options on ConAgra. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for ConAgra. It also shows strike prices and maturity days for a ConAgra Foods 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. | Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Call | 2024-06-14 CALL at $19.0 | 0.9938 | 0.0033 | 0 | 2024-06-14 | 8.6 - 11.9 | 0.0 | In |
Call | 2024-06-14 CALL at $20.0 | 0.9931 | 0.0041 | 0 | 2024-06-14 | 7.1 - 11.4 | 0.0 | In |
Call | 2024-06-14 CALL at $21.0 | 0.9924 | 0.0051 | 0 | 2024-06-14 | 6.1 - 10.4 | 0.0 | In |
Call | 2024-06-14 CALL at $22.0 | 0.8055 | 0.0211 | 0 | 2024-06-14 | 5.2 - 9.0 | 0.0 | In |
Call | 2024-06-14 CALL at $23.0 | 0.787 | 0.0246 | 0 | 2024-06-14 | 4.3 - 8.0 | 0.0 | In |
Call | 2024-06-14 CALL at $24.0 | 0.9586 | 0.0257 | 0 | 2024-06-14 | 4.5 - 5.3 | 0.0 | In |
Call | 2024-06-14 CALL at $25.0 | 0.8321 | 0.0478 | 0 | 2024-06-14 | 3.5 - 6.0 | 0.0 | In |
Call | 2024-06-14 CALL at $25.5 | 0.7485 | 0.0434 | 1 | 2024-06-14 | 1.95 - 5.0 | 4.6 | In |
Call | 2024-06-14 CALL at $26.0 | 0.9251 | 0.0575 | 26 | 2024-06-14 | 1.65 - 5.0 | 3.8 | In |
Call | 2024-06-14 CALL at $26.5 | 0.7532 | 0.0662 | 2 | 2024-06-14 | 2.4 - 4.6 | 3.6 | In |
Call | 2024-06-14 CALL at $27.0 | 0.7536 | 0.0841 | 0 | 2024-06-14 | 1.45 - 4.2 | 0.0 | In |
Call | 2024-06-14 CALL at $27.5 | 0.7768 | 0.1196 | 0 | 2024-06-14 | 1.5 - 2.65 | 0.0 | In |
Call | 2024-06-14 CALL at $28.0 | 0.7967 | 0.179 | 0 | 2024-06-14 | 1.2 - 1.65 | 0.0 | In |
Call | 2024-06-14 CALL at $28.5 | 0.8785 | 0.3107 | 0 | 2024-06-14 | 0.75 - 0.85 | 0.78 | In |
Call | 2024-06-14 CALL at $29.0 | 0.6589 | 0.6055 | 7 | 2024-06-14 | 0.35 - 0.45 | 0.38 | In |
Call | 2024-06-14 CALL at $29.5 | 0.3274 | 0.6391 | 15 | 2024-06-14 | 0.1 - 0.2 | 0.12 | Out |
Call | 2024-06-14 CALL at $30.0 | 0.1424 | 0.3249 | 106 | 2024-06-14 | 0.0 - 0.05 | 0.05 | Out |
Put | 2024-06-14 PUT at $28.0 | -0.1022 | 0.176 | 70 | 2024-06-14 | 0.0 - 0.85 | 0.05 | Out |
Put | 2024-06-14 PUT at $28.5 | -0.1973 | 0.3092 | 37 | 2024-06-14 | 0.0 - 0.1 | 0.1 | Out |
Put | 2024-06-14 PUT at $29.0 | -0.3476 | 0.5816 | 209 | 2024-06-14 | 0.1 - 0.2 | 0.15 | Out |
Put | 2024-06-14 PUT at $29.5 | -0.6568 | 0.5909 | 1114 | 2024-06-14 | 0.35 - 0.45 | 0.4 | In |
Put | 2024-06-14 PUT at $30.0 | -0.8345 | 0.327 | 75 | 2024-06-14 | 0.75 - 0.9 | 0.55 | In |
Put | 2024-06-14 PUT at $30.5 | -0.6231 | 0.1142 | 11 | 2024-06-14 | 0.75 - 3.4 | 0.66 | In |
Put | 2024-06-14 PUT at $31.0 | -0.6248 | 0.0872 | 49 | 2024-06-14 | 1.7 - 3.9 | 1.25 | In |
Put | 2024-06-14 PUT at $31.5 | -0.8088 | 0.1144 | 0 | 2024-06-14 | 1.65 - 2.5 | 1.5 | In |
Put | 2024-06-14 PUT at $32.0 | -0.8462 | 0.0956 | 0 | 2024-06-14 | 1.0 - 4.9 | 0.0 | In |
Put | 2024-06-14 PUT at $32.5 | -0.8814 | 0.0787 | 0 | 2024-06-14 | 1.15 - 3.4 | 0.0 | In |
Put | 2024-06-14 PUT at $33.0 | -0.7187 | 0.0639 | 0 | 2024-06-14 | 3.7 - 5.5 | 0.0 | In |
Put | 2024-06-14 PUT at $34.0 | -0.9578 | 0.0361 | 0 | 2024-06-14 | 4.7 - 4.9 | 0.0 | In |
Put | 2024-06-14 PUT at $35.0 | -0.9625 | 0.0284 | 0 | 2024-06-14 | 5.7 - 5.9 | 0.0 | In |
Put | 2024-06-14 PUT at $36.0 | -0.8729 | 0.0419 | 0 | 2024-06-14 | 6.0 - 8.1 | 0.0 | In |
Put | 2024-06-14 PUT at $37.0 | -0.7047 | 0.0354 | 0 | 2024-06-14 | 5.8 - 9.3 | 0.0 | In |
Put | 2024-06-14 PUT at $38.0 | -0.7657 | 0.035 | 0 | 2024-06-14 | 6.6 - 9.8 | 0.0 | In |
Put | 2024-06-14 PUT at $39.0 | -0.9188 | 0.0266 | 0 | 2024-06-14 | 8.0 - 11.9 | 0.0 | In |
Put | 2024-06-14 PUT at $40.0 | -0.9371 | 0.0219 | 0 | 2024-06-14 | 8.8 - 10.9 | 0.0 | In |
Put | 2024-06-14 PUT at $41.0 | -0.8816 | 0.0263 | 0 | 2024-06-14 | 10.5 - 13.8 | 0.0 | In |
ConAgra Foods Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
| Timeline |
ConAgra Total Stockholder Equity
Total Stockholder Equity |
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ConAgra Foods Corporate Directors
| Thomas Brown | Independent Director | Profile | |
| Emanuel Chirico | Independent Director | Profile | |
| Joie Gregor | Independent Director | Profile | |
| Anil Arora | Independent Director | Profile |
Additional Information and Resources on Investing in ConAgra Stock
When determining whether ConAgra Foods is a strong investment it is important to analyze ConAgra Foods' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ConAgra Foods' future performance. For an informed investment choice regarding ConAgra Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ConAgra Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more detail on how to invest in ConAgra Stock please use our How to Invest in ConAgra Foods guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Packaged Foods & Meats 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 ConAgra Foods. If investors know ConAgra 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 ConAgra Foods 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 (0.1) | Dividend Share 1.38 | Earnings Share 1.99 | Revenue Per Share 25.336 | Quarterly Revenue Growth (0.02) |
The market value of ConAgra Foods is measured differently than its book value, which is the value of ConAgra that is recorded on the company's balance sheet. Investors also form their own opinion of ConAgra Foods' value that differs from its market value or its book value, called intrinsic value, which is ConAgra Foods' 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 ConAgra Foods' market value can be influenced by many factors that don't directly affect ConAgra Foods' 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 ConAgra Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if ConAgra Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ConAgra Foods' 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.